Crypto News

The post Analysis Firm: “The Risk Is Not Over for Bitcoin (BTC)! This Level Must Be Exceeded for a New Uptrend!” appeared on BitcoinEthereumNews.com. Bitcoin (BTC) has begun to recover this week after experiencing sharp declines. As the price of Bitcoin climbs to $89,000, the only question on everyone’s mind is, “Will the rise continue?” Cryptocurrency data analytics platform Delphi Digital stated in its latest analysis that Bitcoin needs to surpass $103,500 to enter a new uptrend. Analysts said that $103,500 is key to the revival of the upward trend in Bitcoin, and stated that the current situation of BTC is critical. “Bitcoin is currently showing both bullish and bearish trends on the chart.” The analyst firm noted that in the current situation, an Elliott Wave ABC pattern could occur, which involves an upward move, followed by a decline, and then a rebound. At this point, Delphi Digital noted that a decisive breakout above $103,500 is needed after the ABC correction is complete for this bullish outlook to be validated. Conversely, the analyst firm noted that if the current recovery forms a lower high below $103,500, it could be viewed as a bearish scenario. Analysts stated that if this happens, there could be a larger pullback in Bitcoin and the decline could last longer. Delphi Digital recently noted that stablecoins should also be taken seriously. “Tether (USDT) dominance has broken through its long-term downtrend line, reducing its weekly supply,” it said. “This trend is far from the ideal environment that would precede a sustained rally.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/analysis-firm-the-risk-is-not-over-for-bitcoin-btc-this-level-must-be-exceeded-for-a-new-uptrend/

The post Bitcoin Reclaims $90,000 as Bulls Push Back appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin has climbed back above the $90,000 mark after a bruising correction that sent shockwaves across the market last week. Key Takeaways Bitcoin has reclaimed $90,000 after a sharp rebound from last week’s lows. Shorts dominated over $100M in liquidations, signaling trapped sellers. RSI and MACD show renewed bullish momentum, but sentiment remains in Extreme Fear. Analysts eye the $92K region as the deciding level for a potential trend reversal. The rebound comes as trading volume strengthens and fresh technical signals suggest sellers are finally losing momentum. After touching lows near $82,000, BTC surged more than 3.5% in the last 24 hours, reaching roughly $90,023 at the time of writing. Market capitalization now sits at almost $1.8 trillion, with 24-hour trading volume exceeding $65 billion. Liquidations over the past day totaled more than $100 million — but shorts accounted for the vast majority, indicating traders betting against BTC were caught off guard by the sudden bounce. The move also lifted the broader crypto market, with total market capitalization rising to about $3.09 trillion. Technical Picture: Buyers Regain Traction, but Resistance Looms A look at the chart shows a constructive shift on lower timeframes. The 4-hour RSI has returned to the neutral zone, climbing toward 63, while the MACD printed a bullish crossover for the first time in nearly two weeks. Analysts say the market may be forming a meaningful base if momentum holds. Trader Michaël van de Poppe highlighted the significance of BTC holding the reclaimed zone, arguing that a push toward the $92,000 area could trigger a broader trend reversal. If that level is flipped into support before the end of November, he believes the probability of the cycle bottom being locked in rises sharply. ‘Ik zie lichtpuntjes’. That’s what they said about Ajax, last night. The only…

TLDR S&P downgraded Tether’s USDT rating due to its Bitcoin exposure and reserve risks. Tether’s Bitcoin reserves make up 5.6% of USDT, raising concerns about potential undercollateralization. S&P cited gaps in Tether’s reserve disclosures and high-risk asset exposure in its downgrade. Despite the downgrade, USDT maintains its price peg and remains the largest stablecoin. S&P [...] The post Tether’s Reserve Strategy Questioned as S&P Downgrades USDT Amid BTC Risks appeared first on CoinCentral.

TLDR Three whales opened long positions in Bitcoin (BTC) and Ethereum (ETH) on Hyperliquid. Entity 0x0ddf took a 3x long on BTC ($27.14M) and a 2x long on ETH ($15.15M), both in profit. Entity 0x2c26 opened a 20x long on BTC ($30.09M) but is currently at a slight loss. Entity 0x535e entered with a 25x [...] The post Hyperliquid Whales Push Bitcoin and Ethereum Longs as Market Recovers appeared first on Blockonomi.

Launched in 2013, Xapo also offers bitcoin-backed U.S. dollar loans of up to $1 million and interest-bearing bitcoin and fiat accounts.

The post Texas Buys $5M BlackRock Bitcoin ETF; Is DSNT the Next Moonshot? appeared on BitcoinEthereumNews.com. Crypto Presales Texas snaps up $5M in BlackRock’s Bitcoin ETF amid the BTC dip. This highlights DeepSnitch AI, one of the biggest crypto presale launches expected in 2026. Texas has made a major Bitcoin move, purchasing $5 million worth of shares in BlackRock’s spot Bitcoin ETF, with another $5 million allocated for a self-custodied Bitcoin buy. This institutional endorsement signals a significant shift in government attitudes toward cryptocurrency, and retail investors are now searching for the next low-cap gem. With more than $600,000 raised, early backers already in profit, and its January launch closing in, DeepSnitch AI sits in a price range that still leaves room for a major run once trading opens. If you’re hunting for that life-changing 100x before 2026, this might be the play. Texas said, “Hold my beer,” and bought the dip The Texas state government made the purchase on November 20, a move highlighted by Lee Bratcher, president of the Texas Blockchain Council. According to Bratcher, Texas will eventually self-custody Bitcoin, but as the process is being finalized, the initial $5 million allocation was made through BlackRock’s IBIT ETF. “$10M is allocated from general revenue, but not all $10M has been allocated,” Bratcher added. Pierre Rochard, CEO of The Bitcoin Bond Company, hit CT with some serious hopium: “In five years, we went from ‘governments will ban bitcoin’ to ‘governments are only buying a small amount of bitcoin’. Hyperbitcoinization has happened, is happening, and will continue to happen.” Texas now sits alongside Wisconsin, Harvard, and Abu Dhabi as IBIT holders. Bloomberg’s Eric Balchunas pointed out IBIT is probably the only ETF owned by all three. Absolutely wild for a fund that’s not even two years old. Top altcoins to watch: Could DeepSnitch AI pull a real 100x? DeepSnitch AI: The 100x moonshot Governments are out…

The firm’s “BTC Rating” puts coverage at 5.9x with BTC at $74,000 and still about 2.0x even in a severe crash to $25,000.

Institutional investors last week dumped Bitcoin, Ethereum, and Solana for XRP. This came as BTC, ETH, and SOL recorded major outflows while XRP bucked the trend, with significant inflows.  Institutions Offload Bitcoin, Ethereum, Solana For XRP A CoinShares report showed that Bitcoin, Ethereum, and Solana funds saw outflows of $1.27 billion, $589 million, and $156 […]

The Bitcoin price edged up a fraction of a percent in the past 24 hours to trade at $87,769 as of 2:40 a.m. EST on [...]

The Bitcoin price edged up a fraction of a percent in the past 24 hours to trade at $87,769 as of 2:40 a.m. EST on [...]