Bitcoin Analysts Warn Of Catastrophic Drop To $50,000 If Key Support Fails
Key points: Bitcoin is facing a major sell-off at the start of the new week, with some analysts predicting a drop of up to $50,000. Many altcoins have refused to back down from the overall resistance and are threatening to fall below their support levels. Bitcoin (Bitcoin) December started off weakly, suggesting that the bears are not ready to give up their advantage. Trader Peter Brandt said in a post on X that BTC chart shows support In the sub-$70,000 to mid-$40,000 area. Another analyst who is cautious in the near term is network economist Timothy Peterson. According to data…
BitMine Buys $50M Ethereum As Santiment Eyes $3.2K Level
join us cable A channel to stay up to date with the latest breaking news Tom Lee’s Ethereum treasury firm BitMine has bought $50.1 million worth of ETH, with Santiment saying the altcoin could test the $3,300 resistance level soon. This is as the largest altcoin by market cap fell more than 1% over the past 24 hours to trade at $2,993.61 as of 1:53 AM EST. Ethereum price (Source: CoinMarketCap) BitMine is buying the dip ETH’s 24-hour price decline extended the altcoin’s negative weekly streak to over 22%, with BitMine, the largest holder of ETH, bought the dip. On-chain…
Vitalik Buterin on Quantum Computing and Ethereum Security
Key takeaways Buterin believes there is a 20% chance that quantum computers will be able to break current encryption before 2030, and he believes Ethereum should start preparing for this possibility. The main risk involves ECDSA. Once the public key appears on the chain, a future quantum computer could, in theory, use it to retrieve the corresponding private key. Buterin’s quantum emergency plan includes rolling back blocks, freezing EOs, and moving funds to quantum-resistant smart contract wallets. Mitigation means smart contract wallets, NIST-certified post-quantum signatures, and flexible cryptographic infrastructure that can swap schemas without chaos. In late 2025, Ethereum co-founder…
Bitcoin drops below $87k on Japan yield shock
Bitcoin The price erased recent gains, falling nearly 5% to below $87,000 in early Asian trading hours on December 1. This came as rising Japanese government bond yields sparked a widespread sense of risk aversion, shattering the fragile, low-volume market structure. according to Cryptocellite Data, BTC fell from a The consolidation range is near $91,000Which wiped out nearly $150 billion from the total market value of cryptocurrencies. Screenshot showing Bitcoin’s performance between November 30 and December 1, 2025 (Source: Kobesi’s letter) Carry trade in Japan Repricing continued the decline, but trading volume data showed that the sell-off was exacerbated by…
Canary Capital claims its XRP ETF surpasses all other XRP ETFs combined
Key takeaways Canary Capital’s XRPC ETF has outstripped the size of all other spot XRP ETFs combined according to the company’s claim. XRPC is listed on the Nasdaq, providing regulated exposure to XRP through a traditional ETF. Share this article Canary Capital claims its XRPC ETF has grown larger than all other XRP ETFs combined, according to a new report. statement From an investment firm specializing in exchange-traded funds focused on cryptocurrencies. Launched as one of the first XRP ETFs in the US, XRPC trades on the Nasdaq and provides regulated exposure to the XRP cryptocurrency through a traditional ETF…
Crypto Firms Commit HK$57M in Immediate Aid After Hong Kong’s Deadliest Fire
Binance, HashKey, KuCoin, Bitget, and TRON together committed millions to help victims and rebuild communities Binance, HashKey and other cryptocurrency giants pledged HK$57 million ($7.3 million) worth of emergency aid following a fire that broke out in a residential tower in Tai Po, Hong Kong, earlier this week. The funds will be used to provide relief teams in the region with essential support in the early stages of recovery. Tai Po Fire Relief Response The Tai Po tragedy began on November 26 at Wang Fook Court in Hong Kong and has been classified as a Level 5 fire, the city’s…
BlackRock Exec Says Bitcoin ETFs Becoming A Major Revenue Source Was A ‘Big Surprise’
Spot Bitcoin ETFs (exchange-traded funds) are one of the biggest novels and have been game-changers in the cryptocurrency space in the last couple of years. With these Investment productspeople are able to participate in the cryptocurrency market without having to directly own the digital assets. Interestingly, one of the biggest – and often overlooked – winners are issuers, especially as the cryptocurrency industry has seen increasing institutional adoption since the launch of Bitcoin ETFs. According to the company’s CEO, it was unimaginable that BTC ETFs would become the main source of revenue for BlackRock, the world’s largest asset manager. BlackRock’s…
Spot Bitcoin And Ethereum ETFs Finally Break Out Of Outflow Streak
Reliable editorial Content, reviewed by leading industry experts and seasoned editors. Advertisement disclosure Capital flow into Bitcoin and Ethereum ETFs has begun to adjust again after weeks of sustained redemptions. New data shows that both asset classes recorded their first positive net inflow week since October, and this could be an early sign that institutional appetite may be stabilizing after a difficult month for leading cryptocurrencies and their ETF products. On the other hand, flow data is shown Which was launched recently Solana and XRP ETF products continue to attract consistent institutional capital. Bitcoin and Ethereum ETFs Break Outflow Line…
Latam Insights: Bolivia Embraces Stablecoins, Tether Leaves Uruguay
Welcome to Latam Insights, a collection of the most relevant cryptocurrency news from Latin America over the past week. In this week’s edition, Bolivia announces the integration of stablecoins into its banking system, Tether abandons mining operations in Uruguay, and a Libra Trust suddenly appears. Historically: Bolivia has integrated stablecoins into its currencies […]
BlackRock Calls $2.3 Billion IBIT Outflows in November ‘Perfectly Normal’
BlackRock’s Bitcoin exchange-traded fund (ETF) closed November under pressure after seeing significant drawdowns, but the asset manager remains confident in its long-term outlook for the product. Speaking in São Paulo, BlackRock’s business development director, Cristiano Castro He said Company’s Bitcoin (BitcoinETFs have become one of its biggest revenue drivers, and it called its growth a “big surprise” given how quickly allocations have risen this year. Castro’s comments came after a difficult month for BlackRock’s US-listed IBIT, which recorded net outflows of about $2.34 billion during November. The largest withdrawals came in the middle of the month, with about $523 million…