Bitcoin Hovers at ‘Critical’ Support Level as Analysts Debate Next Move

Bitcoin prices are stuck around the $90,000 support level, leaving analysts to question where it will head next.  Bitcoin has traded in a very tight range around the $90,000 level this weekend, with a brief dip below it in late trading on Saturday. There have been a few possibly manipulated leverage flushes over the past couple of weeks, but no clear direction for the asset. Bitcoin is at a “critical on-chain support” level, observed Alphractal CEO Joao Wedson on Saturday. He cited the “Realized Cap Impulse,” which is testing a…

How HashKey Plans to Become Hong Kong’s First Crypto IPO

Key takeaways HashKey is aiming to become Hong Kong’s first fully crypto-native IPO by listing 240.57 million shares under the city’s virtual asset regulatory regime. The business extends beyond a spot exchange by combining trading, custody, institutional staking, asset management and tokenization into a single regulated platform. Revenue is growing, but the company is still incurring losses as it invests heavily in technology, compliance and market expansion. Most IPO proceeds are expected to fund infrastructure and international growth, positioning the listing as a long-term bet on regulated digital asset markets.…

Altcoin Winners and Losers of the Week as BTC’s Fight for $90K Continues: Weekend Watch

M and ZEC are in one corner, QNT and KAS are in the other. Bitcoin’s overall underwhelming price performance continued in the past 24 hours as the asset is close to breaking below $90,000 decisively. Most larger-cap alts are also slightly in the red daily, as ETH is down to $3,100, while XRP sits at a pivotal support level at $2.00. Will BTC Lose the $90K Support? The primary cryptocurrency began the business week with high hopes of substantial price resurgance due to the FOMC meeting on Wednesday. A…

Bitcoin’s Four-Year Cycle Now Driven by Politics, Not Halving: Analyst

Bitcoin’s long-debated four-year cycle is still playing out, but the forces behind it have shifted away from the halving toward politics and liquidity, according to Markus Thielen, head of research at 10x Research. Speaking on The Wolf Of All Streets Podcast, Thielen argued that the idea of the four-year cycle being “broken” misses the point. In his view, the cycle remains intact, but it is no longer dictated by Bitcoin (BTC)’s programmed supply cuts. Instead, it is increasingly shaped by US election timelines, central bank policy and the flow of…

Bitcoin Price Risks Falling to $70K Due to a Hawkish BoJ: Macro Analysts

Bitcoin (BTC) could face a continued correction toward the $70,000 level if the Bank of Japan (BoJ) proceeds with an expected interest-rate hike on Dec. 19, according to multiple macro-focused analysts. Key takeaways: BoJ tightening could pressure Bitcoin by draining global liquidity. Macro and technical signals align around a $70,000 downside target. BOJ hikes preceded 20-30% BTC price corrections Every BOJ rate hike since 2024 coincided with Bitcoin price drawdowns exceeding 20%, according to data highlighted by AndrewBTC. In an X post on Saturday, the analyst highlighted BTC declines of…

Why Twenty One’s First-Day Slide Shows Waning Appetite for BTC Firms

Key takeaways Twenty One Capital’s NYSE debut saw a nearly 20% drop, signaling cautious investor sentiment toward Bitcoin-heavy public listings. XXI traded close to its net asset value, suggesting the market did not assign a meaningful premium beyond the value of the firm’s Bitcoin holdings. The decline reflected broader market pressures, including Bitcoin volatility, fading enthusiasm for SPAC-backed listings and weakening mNAV premiums. The muted reaction suggests investors may now expect Bitcoin-focused firms to show clear, durable revenue models rather than relying primarily on large BTC holdings. The public debut…

Is Ripple (XRP)’s Price Undervalued? Two Reasons to Consider (Opinion)

XRP traced support at the $2.00 line the last week of Nov. and first week of Dec. But Ripple bulls think it could have an addressable market as vast as Bitcoin’s. Ripple’s XRP ranks #3 among all non-stablecoin cryptocurrencies for market cap weight. The company claims that the coin is not just a speculative asset, but also a very powerful utility token. Ripple developed the XRP network and launched it in June 2012 to make it easy for large banks and corporations, and even governments, to send huge payments internationally. By…

Why Michael Saylor Says Countries Should Launch Bitcoin-Backed Banks

Michael Saylor’s pitch to integrate Bitcoin reserves into regulated banking Michael Saylor, executive chair of Strategy, has suggested that national governments consider developing a novel type of financial system: regulated digital banking platforms backed by Bitcoin reserves and tokenized credit tools. These comments, shared during Saylor’s keynote at the Bitcoin MENA conference in Abu Dhabi, align with his broader view that digital assets could be integrated into mainstream financial frameworks. Saylor’s proposal comes as Strategy continues to expand its Bitcoin holdings, including a recent purchase of 10,624 Bitcoin (BTC) valued…

Standard Chartered, Coinbase Expand Institutional Crypto Deal

Standard Chartered and Coinbase have expanded their partnership to build crypto infrastructure for institutional clients. As part of the partnership, the duo will explore offerings across trading, prime services, custody, staking and lending, the British multinational bank announced on Friday. “We aim to explore how the two organisations can support secure, transparent and interoperable solutions that meet the highest standards of security and compliance,” Margaret Harwood-Jones, global head of financing and securities services at Standard Chartered, said. The two firms said the partnership combines Standard Chartered’s cross-border banking and custody…

XRP Bulls Gaining Confidence as Social Sentiment Turns Positive

Trader sentiment toward XRP has been shifting into bullish territory on social media this week, according to market intelligence platform Santiment, and at the same time, the streak of inflows into the token’s exchange-traded funds has continued. Retail traders are staying optimistic toward XRP (XRP) as it hovers around the $2 mark, with the week recording the seventh highest number of bullish comments for the year, Santiment said on Friday, citing data from its analytics platform Sanbase, which monitors social interest across cryptocurrency social channels, including Telegram, Discord, subreddits, and…