Grosscrypto News

Bitcoin price slides to $85K: How low can BTC go in December?

Bitcoin price slides to $85K: How low can BTC go in December? - Latest Cryptocurrency News

Bitcoin opened the week in the red as fears of a Bank of Japan rate hike triggered a yen carry trade unwind, potentially risking a drop in BTC price to $67,000.

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Bitcoin crashes 5% in ‘Sunday slam’ as liquidations surge

Bitcoin crashes 5% in ‘Sunday slam’ as liquidations surge - Latest Cryptocurrency News

Bitcoin plunged nearly 5% to $86,950 in Sunday trading, triggering $539 million in liquidations after the asset endured its worst November performance since 2018.

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Telegram's Pavel Durov: Cocoon decentralized AI network now live

Telegram

The privacy-preserving decentralized AI platform is built on top of The Open Network, and users earn TON for renting out computing power.

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Tether CEO slams S&P ratings agency and influencers spreading USDt FUD

Tether CEO slams S&P ratings agency and influencers spreading USDt FUD - Latest Cryptocurrency News

The comments followed S&P's downgrade of USDt's ability to maintain its peg, which cited Tether's Bitcoin and gold reserves as a concern.

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Most Ethereum valuation models indicate ETH is undervalued: Analyst

Most Ethereum valuation models indicate ETH is undervalued: Analyst - Latest Cryptocurrency News

Although most models projected ETH prices above $4,000, one critical valuation model bucked the trend, signaling that ETH may be overvalued.

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Fed rate-cut bets surge: Can Bitcoin finally break $91K to go higher?

Fed rate-cut bets surge: Can Bitcoin finally break $91K to go higher? - Latest Cryptocurrency News

Bitcoin price stayed stuck near $91,000 due to weak ETF flows and cautious derivatives as stocks and gold rallied on rising rate-cut bets.

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Bitcoin 2022 bear market correlation hits 98% as ETFs add $220M

Bitcoin 2022 bear market correlation hits 98% as ETFs add $220M - Latest Cryptocurrency News

New research showed BTC price action on course to copy the 2022 bear market while risk-asset inflows showed signs of a bullish turnaround.

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Strategy will sell Bitcoin as ‘last resort’ if mNAV drops, capital is unavailable: CEO

Strategy will sell Bitcoin as ‘last resort’ if mNAV drops, capital is unavailable: CEO - Latest Cryptocurrency News

Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls below net asset value and funding options disappear, calling it a financial decision.

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BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov

BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov - Latest Cryptocurrency News

BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion.

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ETH may reclaim $3.2K soon, based on low stablecoin yields: Santiment

ETH may reclaim $3.2K soon, based on low stablecoin yields: Santiment - Latest Cryptocurrency News

Stablecoin yields not being overly high suggests the market hasn’t reached a “major top” and Ether may reach $3,200 in the near term, according to Santiment.

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