Bitcoin Price Prediction: How Far Could BTC Slide in Early February?

Bitcoin is entering February under renewed pressure. Although prices have bounced slightly, uncertainty continues to dominate market sentiment. In this Bitcoin price prediction, we look at where BTC stands now, what is driving the weakness, the key downside zones to watch, and what might support a rebound in the opening days of February. Current Bitcoin … Read more

Bitcoin drops back toward $74,000, remaining weak as AI worries hit tech shares

AI infrastructure-linked names such as HUT 8, IREN, and Cipher Mining also moved lower after AMD fell 14% following its fourth-quarter update. What to know: During the early part of the U.S. trading session, Bitcoin slipped below $74,000 again. The bounce seen after Tuesday’s lows faded quickly, because renewed weakness in tech stocks pressured the … Read more

Bullish Reports Q4 Loss as Bitcoin Options Trading Grows, Shares Whipsaw After Earnings

Bullish reports Q4 loss despite stronger operating performance and rapid growth in its bitcoin options business. The institution-focused digital asset exchange posted a fourth-quarter net loss of nearly $564 million, a sharp reversal from roughly $159 million in profit a year earlier. The company linked the swing to the recent crypto market downturn, which erased … Read more

Bitcoin Price Hits $116K — Signs of a Possible Bull Trap Emerging

The Bitcoin price recently touched $116,000, testing a crucial resistance level that aligns with several key technical indicators. Although this move has stirred excitement among traders, repeated rejections around this zone hint that momentum could be slowing — raising concerns of a potential bull trap if price fails to stay above important support levels. Key … Read more

Bitcoin Climbs Above $113,800; U.S. Indexes Dip: Midday Update

As of midday Wednesday, Bitcoin price climbed above $113,800, while the S&P 500 and Nasdaq both experienced minor declines. Summary Wall Street seemed to be in a positive mood, especially after Alibaba’s announcement to surpass its initial $50 billion AI investment, leading to a 7.34% increase in its stock. Alibaba’s stock had surged by over … Read more

XYO Crypto to List on Kraken Following $8.8M Revenue Report in 2024

XYO crypto is set to make its debut on Kraken Exchange, adding to its growing portfolio of top-tier centralized exchange listings. The move follows the project’s strong financial performance in 2024, with reported revenue of $8.8 million, and marks another milestone in its mission to bring real-world data to blockchain. Kraken Listing Expected to Boost … Read more