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Crypto markets extended losses on Friday, with Bitcoin dipping below $85,000 and total liquidations surpassing $2 billion in leveraged positions over 24 hours.
Institutional investors are ‘nibbling’ at dips, viewing the sell-off as a buying opportunity, per Bitwise CIO Matt Hougan.
Oversold RSI readings and retail capitulation suggest a tactical bottom may form near $82,000-$84,000, but hawkish Fed signals could prolong...
Bitcoin Plunges Below $83,000 as Strong US Jobs Data Dampens Rate Cut Hopes
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Bitcoin falls below $83,000: The cryptocurrency experienced a 7.32% drop in the past 24 hours amid macroeconomic pressures.
US jobs data impact: Stronger-than-expected employment figures suggest persistent inflation, lowering the odds of a December rate cut.
Market sentiment: The Crypto Fear & Greed Index hits ‘extreme fear,’ with the overall crypto market down 6.62%.
Bitcoin has tumbled below $83,000,...
Kraken Confidentially Files for US IPO After $800M Raise at $20B Valuation
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Kraken has confidentially filed a draft registration statement with the SEC for a proposed initial public offering.
The filing comes less than a day after announcing an $800 million funding round at a $20 billion valuation.
This move aligns with a broader trend of crypto firms pursuing public listings amid a more favorable regulatory environment under the Trump administration.
Cryptocurrency exchange Kraken has taken a...
Bitcoin Falls Below $90,000, Amid Extreme Market Fear
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Bitcoin price drop: BTC fell to $89,420, its lowest since February.
Market impact: Erased 2025 gains, with over $725 million in liquidations.
Technical indicators: Death cross formed, fear index at extreme lows.
Bitcoin has tumbled below the $90,000 mark for the first time in seven months, effectively erasing all gains made in 2025. 32 This sharp decline comes just six weeks after the cryptocurrency hit an all-time high of...
Japan Poised to Reclassify Cryptocurrencies as Financial Products, Ushering in Tax Relief
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Japan’s FSA plans to reclassify 105 cryptocurrencies as financial products, aligning them with traditional assets like stocks.
The move could introduce a uniform 20% capital gains tax on crypto profits, replacing the current progressive system that reaches up to 55%.
New rules will include insider trading prohibitions and mandatory disclosures from exchanges on listed assets.
Japan’s top financial regulator is...






