Crypto prices today (Dec. 8): BTC, SUI, TAO, ENA recover after brief weekend crash
Crypto prices today (Dec. 8): BTC, SUI, TAO, ENA recover after brief weekend crash
Category: Bitcoin
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Altcoin season delayed as Crypto Fear and Greed Index remains in red
The much-anticipated altcoin season remains elusive as the Crypto Fear and Greed Index remains in the fear zone and Bitcoin Dominance continues. Summary The Altcoin Season Index has slumped in the past few months. Similarly, the Fear and Greed Index has moved to the fear zone. The crypto industry may benefit from the upcoming rate…
“Backed by nothing?” inside the epic Bitcoin battle between Changpeng Zhao and Peter Schiff
CZ and Peter Schiff spar over Bitcoin and tokenized gold, exposing a deeper fight about utility, trust, and what really backs the money of the future. Summary Peter Schiff argues tokenized, fully allocated gold is superior money, calling Bitcoin a faith based asset backed by nothing. CZ defends Bitcoin as scarce, borderless infrastructure with real…
Bitcoin price market now mirrors early 2022: Glassnode
Bitcoin price now resembles early‑2022 sideways market, with rising supply in loss and shrinking long‑term holder profits, Glassnode says. Summary Glassnode’s cost basis model shows Bitcoin price below key 0.75, 0.85 and 0.95 profitability quantiles, putting over 25% of supply at a loss. Total Supply in Loss has surged to about 7.1 million BTC on…
Bitcoin bulls face make-or-break test at $98k–$100k
Bitcoin is pressing up against one of its most consequential resistance zones of the cycle, and popular crypto analyst Trader Mayne says the next few days will determine whether bulls reclaim momentum—or watch the rally stall into a lower high. Summary Bitcoin’s ability to clear the heavy confluence zone at $98K–$100K will dictate whether the…
Can the MSTR stock double as Wall Street experts predict?
The MSTR stock price has stabilized over the past few days as Bitcoin has recovered from last week’s low of $83,000 to $93,000 today, boosting the value of Strategy’s Bitcoin holdings to over $60.45 billion. Summary The MSTR stock price has recovered a bit this week as Bitcoin rose to $93,000. Wall Street analysts believe…
count Bitcoin mining as an official Russian export
A senior Kremlin adviser wants Russia’s crypto mining classified as an export, arguing tens of thousands of Bitcoins and import payments must be reflected in trade data. Summary Kremlin aide Maxim Oreshkin says mined crypto effectively flows abroad and should be recorded as an export impacting Russia’s balance of payments and FX market. Industry leaders…
Florida court reopens $80M lawsuit against Binance
Binance is once again at the center of a legal dispute following a 2022 incident that led to the loss of significant user funds. Summary Florida’s appeal court has reinstated a lawsuit claiming Binance failed to freeze and recover roughly 1,000 BTC stolen in 2022. The ruling found Binance maintained sufficient U.S. and Florida contacts…
Is the Gemini stock a buy after the $2.6 billion wipeout?
Gemini stock price crashed to a record low, continuing a trend that started soon after its initial public offering in September. Summary Gemini share price has crashed and triggered a $2.6 billion wipeout. Its drop coincided with the sell-off in Bitcoin treasury companies. Technicals points to more downside, potentially to $5. Gemini Space Station, which…
Bitcoin ETFs hit 5-day inflow streak as price climbs back above $93k
U.S. spot Bitcoin exchange-traded funds recorded their fifth straight day of inflows today as BTC recovered to nearly $94,000, its highest level in nearly two weeks. Summary U.S. spot Bitcoin ETFs have drawn in $288 million over the past 5 trading sessions. BlackRock’s IBIT led the inflows with over $120 million flowing in on Tuesday….