Crypto Forecasts
Tom Lee, head of research at Fundstrat, is betting on a prompt bounce for Ethereum. He pointed to a pattern stretching back to 2018: each time ETH dropped deep, it later recovered strongly. Related Reading That history has shaped the tone of his remarks in Hong Kong, where he argued that previous collapses ended with…
A U.S. court sentenced the former CEO of defunct crypto firm Safemoon to 100 months in federal prison for defrauding investors. The CEO was also ordered to forfeit $7.5 million and two properties, with restitution to be determined later. Asset Forfeiture and Victim Restitution A U.S. court has sentenced the CEO of Safemoon, the defunct…
Bitcoin’s sharp correction at the start of the month may represent a critical “halfway point” in the current bear market, according to Kaiko Research. Bitcoin (BTC) fell to $59,930 on Friday, marking its lowest level since October 2024, before the re-election of US President Donald Trump, according to TradingView data. The decline suggests the market…
Bitcoin traded quietly over the weekend, remaining below the $70,000 level as investors waited for stronger market direction. Analysts say the next upside target for buyers is a move above around $74,460, which could signal improving momentum and encourage more demand in the market. Possible Upside if Momentum Builds If buying interest strengthens, analysts believe…
Bitcoin is struggling to hold the $70,000 level as persistent selling pressure weighs on market sentiment and momentum. After months of volatility, recent price action suggests a fragile structure, with buyers repeatedly failing to reclaim higher resistance zones. Analysts increasingly warn that downside risks remain elevated as short-term investors continue to absorb losses rather than…
A consortium of South African firms has launched ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the local currency. Transparency and Reserve Management A consortium of South African financial and fintech firms—Luno, Sanlam Specialised Asset Management, Easyequities, and Lesaka—has unveiled ZAR Universal (ZARU), a blockchain-based stablecoin pegged to the South African rand. The partners describe…
Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding. Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company encompassing projects including the Family crypto wallet and previously the social media platform Lens, “is no…
January 2026 opened with a sharp reminder of crypto’s volatility. Bitcoin slipped toward the $82,000 mark, while total market liquidations surged past $1.7 billion in a single wave of selling. Investor sentiment deteriorated rapidly, with the Crypto Fear & Greed Index falling into extreme fear territory. Amid this market stress, a high-profile meme coin collapse…
Bitcoin Magazine El Salvador’s Bitcoin Beach Hosts Global Summit: Strategies for Sustainable Bitcoin Circular Economies Emerge The Bitcoin Circular Economy Summit just took place in El Salvador’s Bitcoin Beach, and what an event it was. The invite-only summit saw two days of presentations from communities from across the world, from Indonesia to Peru, from Africa…
After bouncing 2.6% from recent lows, Bitcoin (BTC) has been attempting to turn the $82,000-$83,000 area into support. Some analysts have warned that the cryptocurrency must hold the crucial macro support levels or it will “confirm bearish acceleration.” Related Reading Bitcoin To Drop 76% From its Peak On Thursday, Bitcoin crashed alongside the rest of…