All articles tagged with #crypto market
Bitcoin trades under $64,000, down more than 50% from its October peak and lower than its level when Trump was elected, as the crypto sector endures a fresh downturn with Gemini layoffs, Strategy reporting multibillion-dollar losses, stalled industry-friendly legislation in Congress, and ongoing tech-market headwinds despite some White House support.
Billionaire Michael Saylor's firm Strategy, which holds over 3% of Bitcoin, faces a potential $8 billion selloff due to declining share prices, regulatory changes, and market pressures, raising concerns about its business model and the broader crypto industry. Despite past crises, Saylor's aggressive tactics and strategic plans to sell Bitcoin if necessary highlight the high-stakes nature of crypto finance, with the outcome uncertain amid mounting challenges and skepticism.
Despite a recent market dip, investors are optimistic about AI tokens like DeepSnitch AI, which is projected to offer up to 1000x returns and is gaining attention in the presale market as a promising investment for 2026, potentially surpassing traditional meme coins like Dogecoin.
The crypto market experienced its largest deleveraging event of the year with $1.7 billion in liquidations, causing Bitcoin and other cryptocurrencies to fall slightly, but experts believe this volatility may lead to a healthier market consolidation rather than a crash, supported by recent regulatory and institutional investment trends.
The cryptocurrency market experienced a sharp decline with nearly $1.7 billion in liquidations, primarily affecting leveraged long positions. Dogecoin, Solana, and Ethereum led the losses among top cryptocurrencies, while Bitcoin remained relatively stable. The market downturn reflects a risk-off sentiment and overexposure of leveraged traders, with potential implications depending on upcoming U.S. Federal Reserve rate decisions.
Gemini, a crypto brokerage run by the Winklevoss twins, priced its IPO at $28 per share, valuing it at $3.3 billion, and is expected to trade higher on Nasdaq, reflecting strong investor interest in crypto-related companies amid rising crypto prices and favorable regulation. Despite revenue growth, Gemini posted losses, but its user base and trading volume are increasing, and Nasdaq's investment signals confidence in the sector.
World Liberty Financial proposes using 100% of protocol fees to buy back and burn WLFI tokens to reduce supply and support the token's value, amid a 30% decline after launch and a large token unlock increasing circulating supply and holdings. The initiative aims to strengthen long-term holder confidence, but uncertainties remain about fee amounts and contingency plans.
A rumored Cristiano Ronaldo-themed memecoin briefly surged to a $140 million market cap before collapsing in a rugpull, exemplifying how celebrity names are exploited in crypto scams, with influencers on the Solana blockchain exiting within 20 minutes and pocketing around $50,000. The incident highlights the ongoing risks and hype in the memecoin space, especially involving celebrity endorsements.
Ether experienced a 25% rise in August, but historical trends suggest a potential decline in September, especially given past post-halving patterns. However, recent developments like increased spot Ether ETF inflows and treasury holdings could influence this seasonal pattern, making this year’s outcome uncertain.
Social media chatter about the Federal Reserve and potential interest rate cuts has surged to an 11-month high, signaling possible market euphoria and caution in the crypto sector. While some analysts see a rate cut as bullish, others warn of short-term pressures and the need for caution, especially as market sentiment fluctuates with Fed signals and economic data.
Bitcoin experienced significant volatility this week, with a sharp drop raising fears of a bubble burst, but recent large transactions and bullish predictions from industry insiders suggest a potential rally towards $130,000 or higher, amid ongoing market growth and regulatory optimism.
Bitcoin's social media dominance reaching 43% suggests a potential local top and short-term pullback, despite new all-time highs. While social chatter indicates retail FOMO, historical patterns warn of subsequent price dips, though some analysts believe the uptrend may continue with possible consolidation before further gains.
The crypto market surpassed $4 trillion driven by altcoin rallies and US legislative progress, including the passage of the first stablecoin regulation bill, which is expected to legitimize a rapidly growing market. Bitcoin reached a record high of $123,205, with strong investor inflows into crypto ETFs, and analysts predict Bitcoin could hit $150,000 by October amid rising institutional interest and market optimism.
Bitcoin's price has paused around $120,000, but analysts believe the cryptocurrency is still far from its peak, with expectations of a potential rise to $200,000 and a market cap convergence with gold's $22 trillion, driven by global economic factors and increasing institutional adoption.
A crypto analyst suggests that altcoins may have more room to grow as they surge without significantly impacting Bitcoin's market share, with Bitcoin dominance remaining steady around 64.5%. Despite Bitcoin reaching new highs, altcoins like MemeCore and Stellar have experienced substantial gains, indicating a potential shift towards an altcoin season, although overall market sentiment still favors Bitcoin according to the Altcoin Season Index. Experts believe this could be the final easy phase of a major altcoin bull run, supported by metrics from Santiment and trader insights.