Analysis News

BitMine faces $8B paper loss as Ethereum falls below $2,000 while the stock drops 88% from its peak amid mounting investor pressure.
The post BitMine’s ETH stack plunges into $8B loss as Ethereum drops below $2K appeared first on Crypto Briefing.

The acquisition enhances Aether's AI capabilities, potentially transforming investor strategies and boosting market intelligence efficiency.
The post Aether Holdings buys PublicView.ai to expand AI-driven equity research appeared first on Crypto Briefing.

Alphabet beats Q4 expectations but shares drop 7% on $185B AI capex forecast as analysts raise price targets to as high as $420.
The post Google stock falls despite strong earnings and wave of price target hikes appeared first on Crypto Briefing.

This partnership signifies a pivotal shift towards more robust, scalable, and institution-friendly onchain financial markets.
The post Circle partners with Polymarket to enhance prediction market settlement appeared first on Crypto Briefing.

XRP is back at a level traders remember all too well. The cryptocurrency suffered a sharp flash crash on October 10 that sent the price crashing down from $2.82 to $1.58 before an equally fast rebound toward $2.36. Months later, that same zone is back in play, but this time without the volatility spike or immediate recovery that characterized the earlier move.  At the time of writing, XRP is trading around $1.44, down 10.4% over the past 24 hours. This sustained selling pressure has pushed the XRP price back into the flash crash low, and the next question is about what happens from here. Why The October 10 Wick Low Matters So Much According to a technical analysis done by crypto analyst Hov on the social media platform X, the October 10 wick low has been one of the m...

Bitcoin (BTC) extended its sharp sell‑off on Thursday, briefly falling below the $67,000 level and marking its lowest price since November 2024.  The renewed pressure follows commentary from market analyst Hugo Crypto, who pointed to a recent report from investment bank Stifel outlining a notably bearish outlook for Bitcoin.  Deeper Bitcoin Drawdown Ahead? According to Stifel’s analysis, the leading cryptocurrency could continue declining toward $38,000. If reached, that target would represent an additional drop of roughly 43% from current levels and would place Bitcoin back at prices last seen in January 2024. Related Reading: Ripple Throws Weight Behind Hyperliquid, Fueling HYPE’s Rally Toward Crucial Levels Stifel’s forecast is built on several macro and market‑sp...

Bitcoin falls to $67K as $1.4B in liquidations, $800M in BTC ETF outflows, and crypto stock losses hit markets.
The post Bitcoin crashes to $67K erasing gains since 2021 as liquidations top $1.4B appeared first on Crypto Briefing.

SpaceX's expansion into direct-to-device internet and new tech markets could significantly boost its valuation ahead of a potential IPO.
The post Musk’s SpaceX plans Starlink phone and direct-to-device internet as IPO nears: Reuters appeared first on Crypto Briefing.

Solana’s market looks like a tightly wound spring right now. Prices have been slipping while futures activity is picking up, and that gap is what traders are watching most closely. Related Reading: Russia’s Biggest Exchange To Launch XRP Indices And Futures It’s a setup that can keep losses rolling — or flip fast if a wave of short covering hits. Either way, the scene is driven more by bets than by steady buying. Derivatives Betting Intensifies According to reports, more futures contracts for SOL are being opened even as the price moves lower. That means fresh bets are being placed, not just old ones being closed. Funding rates for perpetual contracts have moved into negative territory. When funding is negative, those backing short positions are paying those on the l...

Gemini restructuring involves cutting 25% of staff, exiting UK, EU and Australia, focusing on US market and AI-driven platforms.
The post Gemini cuts 25% of staff and exits UK and EU markets amid ongoing crypto downturn appeared first on Crypto Briefing.