Standard Chartered predicts bitcoin will drop to $50,000 and ether to $1,400 before bouncing back.
Standard Chartered Lowers Crypto Price Forecasts Standard Chartered has revised its short-term and yearly price estimates for key cryptocurrencies. The adjustment comes as ETF outflows and a challenging macroeconomic environment continue to create uncertainty in the market. Currently, analysts expect Bitcoin, priced at around $65,998, to trend downward, potentially settling near $50,000 in the coming […]
Investor Departure Puts More Pressure on Bitcoin’s Competitor Ether
Ethereum Struggles to Match Bitcoin’s Market Dominance (Bloomberg) — Ethereum was, at one point, heralded by its early advocates as the successor to Bitcoin. The blockchain’s programmable features offered users more than simple peer-to-peer payments, sparking many predictions that Ether could eclipse Bitcoin in value. Fast forward over a decade, and that “reversal” many anticipated […]
What comes next for bitcoin, ether, and solana traders after BTC rises to $76,000?
After a shaky start to the week, cryptocurrency prices found some stability on Wednesday, reflecting slight improvements in overall risk sentiment, though traders still seemed cautious about what might happen next. The total market cap for cryptocurrencies rose by roughly 1.7% in the last 24 hours, reaching around $2.65 trillion, based on CoinMarketCap data. This […]
BitMine Immersion experiences a $6B loss on paper as Ether prices continue to drop.
Bitmine Immersion Technologies, a public firm involved in cryptocurrency and associated with investor Tom Lee, is facing substantial unrealized losses on its Ether assets following a recent market sell-off. This situation underscores the inherent risks that come with crypto balance sheet strategies, especially during significant economic downturns. The unrealized losses from Bitcoin have surged to […]
Bitcoin and Ether ETFs attract $646M on their inaugural trading day of 2026
Strong Start for US Bitcoin and Ether Spot ETFs in 2026 The US Bitcoin and Ether Spot ETFs have kicked off 2026 on a positive note, garnering around $646 million in net inflows during their first trading day, despite the cryptocurrency market showing mixed reactions. On Friday, the Spot Bitcoin ETF recorded net inflows of […]
Bitcoin and ether fall 22% in one of their weakest December performances
End of Year Struggles for Bitcoin and Ethereum As December wrapped up, Bitcoin and Ethereum showed little indication of the year-end rally that traders often anticipate. The quarter has highlighted how delicate cryptocurrency surges can be when market liquidity lessens and risk appetite fades. The anticipated “Santa Rally” didn’t materialize. Instead, Bitcoin tried multiple times […]
Price Update: Bitcoin, ether, and cardano continue to decline.
The virtual currency market, along with various global risk assets, showed signs of weakness as investors held back on spending in anticipation of important economic indicators from the United States. This situation seems to be extending the economic downturn observed in December, which has been marked by reduced liquidity and a general sense of caution […]
Bitcoin and Ether ETFs decline while Solana discreetly attracts interest
Spot Bitcoin and Ether ETFs Face Outflows; Solana Sees Inflows Spot Bitcoin and Ether exchange-traded funds (ETFs) experienced outflows on Tuesday, marking five consecutive days of decreases for both assets. In contrast, the Solana Fund managed to extend its inflow streak to six days. The Spot Bitcoin (BTC) ETF reported net outflows of $578 million […]
Bitcoin, XRP, Solana, Ether Dropping as BTC Fails to Hold Key Support Before $100K
Bitcoin Declines Below Key Support Level Bitcoin dropped below $106,000 during Asian trading, marking a significant break in support that had previously held it above $100,000. This decline is attributed to weakening momentum in tech stocks. Major altcoins also faced losses, with Ethereum falling to about $3,495.36, XRP hitting a three-week low at $2.25, and […]
JPMorgan Chase Will Permit Institutional Clients to Use Bitcoin and Ether as Collateral
JP Morgan Chase plans to let institutional clients worldwide use their Bitcoin and Ether holdings as collateral for loans. This development is expected to roll out by the end of the year, according to Bloomberg’s recent report, which cites anonymous sources. The bank will work with a third-party custodian to manage the tokens used as […]