There is a danger that forced or panic selling could lead to further bitcoin weakness and a break below $90K could lead to a 10% retracement, the report said.
This week four firms announced bitcoin purchases, while seven companies announced a strategy, but no acquisition.
The combined supply of top four stablecoins has stabilized with barely any change over the 30-day period.
The crypto options platform is reportedly working with FT Partners to assess takeover bids.
The selloff in stocks and cryptocurrencies could mean Donald Trump’s inauguration will less likely be a sell the news event, K33 Research said.
Gary Gensler has described crypto as the Wild West and one observer said markets are likely to see just that under new leadership in D.C.
Prediction markets aren’t gambling because the house doesn’t always win. Academics get it, but regulators around the world have differing opinions – and Polymarket is feeling the heat.
Dragonfly-backed startup Alkimiya unveils a DeFi market for betting on the price of blockspace on the Base rollup.
Fundstrat’s head of research, Tom Lee, calls for a potential short-term drawdown but remains bullish regarding the end-of-year target.
Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.
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