Crypto World
Stablecore Taps Jack Henry to Expand Bank Stablecoin Access
Stablecore, a digital asset infrastructure company, has joined the Jack Henry Fintech Integration Network, enabling banks and credit unions on the platform to offer stablecoin and tokenized asset services through their existing systems.
Jack Henry supplies core processing and digital banking technology to approximately 1,670 banks and credit unions in the United States. Many of those institutions also rely on its Banno Digital Platform, which powers online and mobile banking services for more than 1,000 financial institutions.
On Monday, Stablecore said the integration will connect blockchain-based products to traditional core banking infrastructure.
Participating institutions could roll out stablecoin accounts with 24/7 payment capabilities, crypto on- and off-ramps for assets such as Bitcoin (BTC), digital asset–backed lending, tokenized deposits and staking features where permitted.
Embedding these services within existing banking apps would reduce reliance on standalone wallets or external crypto platforms. It also reflects a broader shift toward incorporating blockchain-based assets into regulated financial channels as demand for compliant, onchain cash-management tools continues to grow.
Related: Wall Street’s crypto debate is over as banks go all-in on BTC, stablecoins, tokenized cash
Stablecoin infrastructure race accelerates
As Cointelegraph reported, Stablecore raised $20 million last year to help smaller banks and credit unions integrate digital asset services, especially stablecoins, following the passage of the landmark US GENIUS Act, which established a federal framework for payment stablecoins.
Stablecore is part of a growing cohort of companies building stablecoin infrastructure to expand access to digital dollars. Proponents argue stablecoins can reduce settlement times, cut cross-border payment costs and provide uninterrupted transfer capabilities compared to traditional banking rails.
Momentum has been building across both fintech and traditional finance.
Last week, payments operations provider Modern Treasury unveiled an integrated payment service that supports stablecoin transactions alongside wire and ACH transfers through a partnership with the Paxos network, signaling greater interoperability between blockchain-based dollars and legacy payment systems.

Meanwhile, asset management giant Fidelity Investments has introduced the Fidelity Digital Dollar, a stablecoin due to launch this month and designed to facilitate faster and more efficient international settlements.
Large banks are also exploring in-house issuance. Citigroup executives have publicly discussed the possibility of launching a native stablecoin as financial institutions seek to modernize cross-border payments and liquidity management.
Related: USDCx appears on Aleo as privacy-focused blockchains seek stablecoin access
Crypto World
Will Ethereum price drop below $1,500 as multiple bearish patterns emerge amid crypto market crash?
Ethereum price formed a bearish engulfing candle on Monday and dropped over 6% amidst a market-wide crash led by Bitcoin.
Summary
- Ethereum price fell over 6% on Monday amid a broader crypto market blood bath.
- Multiple bearish patterns seem to suggest more potential downside over the coming weeks.
- Ethereum ETFs have hit a 5-week outflow streak.
According to data from crypto.news, Ethereum (ETH) price fell 6.3% to $1,855 on Monday during early Asian hours before stabilizing at $1,874 at press time. Ethereum price tanked amid a broader market crash as fresh U.S. tariff threats on all trading partners and potential military escalation in the U.S. and Iran conflict hurt investor appetite for crypto assets.
Notably, Bitcoin (BTC), the bellwether of the market, has dropped below the $65,000 psychological support level, wiping out millions of leveraged long positions with the shock extending to other major crypto assets such as Ethereum. CoinGlass data show that nearly $108 million worth of ETH long positions were liquidated in the past 24 hours.
On the daily chart, Ethereum price has formed a bearish engulfing candle amid its drop today. The largest altcoin in the market has so far fallen roughly 45% from its yearly high and 62% from its all-time high of $4,946 reached in August 2025.
ETH’s price action has formed a bearish pennant pattern characterized by a flag-like pole and a triangle formation at the bottom. A breakout from such patterns has historically been followed by massive downside risks.

At the same time, zooming out the chart also shows the formation of a multi-month descending parallel channel, another bearish pattern in technical analysis.
Based on these technical indicators, Ethereum could drop to $1,450 if it were to respect the lower boundary of the descending channel pattern. This would mean loss of the $1,500 level, which is an important psychological support.
A breach of the $1,500 psychological floor would represent a significant structural breakdown, likely triggering a cascade of stop-losses. Given the current macro-driven volatility, it could result in a rapid capitulation phase in the coming sessions as liquidity dries up at lower levels.
ETH investors have turned bearish
The bearish prediction for Ethereum could gain further traction from the lackluster demand for its exchange-traded products over recent weeks. Data from SoSoValue shows that the nine-spot Ethereum ETFs have recorded back-to-back outflows for the fifth consecutive week, totalling around $1.38 billion.
Meanwhile, the weighted funding rate, which measures the cost of holding short positions, has fallen deeply into the red territory, suggesting that Ethereum bears are increasingly betting on further price declines while paying a premium to long holders.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto World
BTC, ETH, SOL, XRP extend losses as AI scare trade unsettles risk markets
Macro jitters from an emerging AI disruption trade are compounding crypto-native weakness, with majors posting 8-11% weekly losses across the board.
Bitcoin slid to around $62,900 on Tuesday, down 2.1% on the day and 7.5% on the week, extending a grinding move lower that has so far refused to produce either a clean breakdown or a strong bounce.
The price action has pinned the market inside the $60,000-to-$70,000 band that formed after the Feb. 5 flush — a range that is starting to feel less like a base and more like a holding pattern waiting for a catalyst.
Altcoins are faring worse. Ethereum traded near $1,829, down 8% on the week. XRP fell 10.8%, Solana’s SOL shed 11.3%, and dogecoin dropped nearly 10%. The underperformance across majors reflects a market where risk appetite is shrinking toward bitcoin and even that bid is thinning.
CryptoQuant flagged sell-side pressure among altcoins at five-year highs, suggesting holders are actively distributing into a market where buyers remain scarce outside of the largest cap.
That kind of structural selling tends to grind prices lower without the dramatic liquidation candles that attract dip buyers, making it a slower bleed that is harder for momentum traders to position around.
FxPro chief market analyst Alex Kuptsikevich said in an email bitcoin’s recent attempt at recovery is shaping up as consolidation rather than reversal. He pointed to a bearish pennant forming on the daily chart, noting that a move below the mid-$65,000 area would confirm downside continuation while a break above $70,000 would invalidate the pattern.
More broadly, he described the $60,000-to-$70,000 range as historically significant — a zone that acted as the ceiling for the entire 2021 cycle and now appears to be serving as a battlefield between long-term accumulators and newer holders cutting losses.
AI fears return
Adding to the pressure is a macro dynamic that has nothing to do with crypto directly but is draining the same pool of risk capital.
A Citrini Research report flagged an emerging “AI scare trade” this week, warning of widespread economic disruption from artificial intelligence across delivery, payments, and software sectors. The note triggered selling in tech-adjacent equities as investors reassessed which companies benefit from AI adoption and which face displacement risk.
That kind of broad risk recalibration tends to hit crypto on a lag. Digital assets don’t always sell off in lockstep with equities, but they are sensitive to the same shifts in liquidity and positioning that drive risk-off moves — and right now, the mood in both markets is pointing the same direction.
Bitcoin is now 48% below its October all-time high and sitting 5.5% below its 2021 peak of $69,000. The longer it trades in this range without reclaiming higher ground, the more the technical picture tilts toward the bears.
Crypto World
Satlantis Launches Bitcoin-Native Ticketing Platform with Lightning Wallets
Satlantis has launched as a Bitcoin-native events and ticketing platform that embeds Lightning wallets directly into user accounts and events, allowing organizers to issue tickets and receive payments in Bitcoin without relying solely on traditional payment processors.
According to an announcement shared with Cointelegraph, the platform functions similarly to services like Luma and Eventbrite, offering ticket tiers, attendee management and event pages, but automatically generates a unique Bitcoin (BTC) wallet for each event to facilitate direct payments and withdrawals.
Satlantis also integrates with Stripe to process fiat payments and said it plans to add stablecoin support, allowing organizers to accept Bitcoin, traditional currency or both through a single dashboard.
According to Satlantis’s crowdfunding page, investors in the startup include Bitcoin Opportunity Fund and Timechain Capital, a venture capital fund dedicated to Bitcoin infrastructure projects.
Using Lightning Network to cut fees
The company said its model is a way to reduce ticketing fees and expand access in regions where traditional payment rails are limited, using Bitcoin’s Lightning Network to enable low-cost, cross-border transactions.
The Lightning Network is a layer-2 protocol built on Bitcoin that enables faster, lower-cost transactions by processing payments off-chain.
According to data cited recently by River marketing director Sam Wouters, the network’s transaction volume reached an estimated $1.1 billion across 5.2 million transactions in November.

Related: How many people actually pay with Bitcoin? Real use cases revealed
Crypto’s expanding role in ticketing and live events
Efforts to integrate cryptocurrency into ticketing predate many current Web3 platforms, with sports teams and travel companies experimenting with digital-asset payments for more than a decade.
In sports, the Sacramento Kings became the first NBA team to accept Bitcoin for tickets and merchandise in 2014. The Dallas Mavericks followed in 2019 after owner Mark Cuban signaled plans to support crypto payments, ultimately allowing fans to purchase game tickets with Bitcoin.
Beyond payment acceptance, blockchain companies are also experimenting with how live events are financed and settled. TIX, the onchain settlement network behind KYD Labs, aims to turn tickets into tokenized real-world assets that can be used to access upfront capital and automate repayment flows.
Major sporting bodies have also explored blockchain-based ticket-linked products. FIFA, the global governing body for soccer, has experimented with non-fungible token (NFT) initiatives tied to its tournaments. NFTs are unique blockchain-based tokens that verify ownership of a specific digital asset.
Ahead of the 2026 World Cup, FIFA sold “right-to-buy” NFTs granting holders a reserved window to purchase match tickets at face value if certain conditions are met. The tokens are not tickets themselves but can be traded on FIFA’s NFT marketplace.

Magazine: Is China hoarding gold so yuan becomes global reserve instead of USD?
Crypto World
Crypto.com gains conditional approval for trust bank charter
Global cryptocurrency platform Crypto.com has received conditional approval from the Office of the Comptroller of the Currency to launch a federally regulated trust bank in the United States.
Summary
- Crypto.com received conditional approval from the OCC to form a national trust bank focused on digital asset custody.
- The bank will offer regulated custody, staking, and settlement services but will not accept deposits or issue loans.
- The move reflects a wider industry push toward federal oversight and institutional-grade crypto infrastructure.
With this approval, announced on Feb. 13, the company can move ahead with its plan to establish Foris Dax National Trust Bank. Once fully authorized, the entity will operate under the name Crypto.com National Trust Bank.
The bank will mainly focus on providing institutional and corporate clients with trade settlement services, multi-chain staking, and digital asset custody.
Path toward federal oversight and institutional custody
Crypto.com initially applied for the charter in October 2025. To meet the operational, governance, and capital requirements necessary for a national trust bank, the company has since collaborated closely with regulators.
Before it can begin full operations, Crypto.com must satisfy several pre-opening conditions tied to the approval. These include finalizing its risk management systems, enhancing internal controls, and confirming that its compliance frameworks are fully in place.
Once approved, the trust bank will not operate like a traditional commercial bank. It will not accept cash deposits or issue consumer loans. Instead, it will serve as a qualified custodian, offering regulated storage and management of digital assets for institutional investors.
The planned services include custody of cryptocurrencies, staking across multiple blockchains, and settlement infrastructure. This includes support for Crypto.com’s own Cronos network alongside other major digital asset protocols.
The company said its existing custody business in New Hampshire will continue operating without disruption during this transition.
Leadership response and broader industry trend
Commenting on the development, CEO Kris Marszalek said the approval reflects the company’s long-term focus on compliance and security. He added that the charter brings Crypto.com closer to becoming a “one-stop shop” custodian for institutions seeking federal oversight.
The decision puts Crypto.com alongside a growing list of crypto firms seeking national trust bank status. Companies including Circle, Ripple, Paxos, and Fidelity Digital Assets have already received conditional or full approval for similar structures.
According to analysts, this change is a reaction to the growing institutional demand for regulated custody. Large investors are favoring platforms that adhere to federal regulations as U.S. regulations become more transparent.
Under OCC oversight, Crypto.com plans to lower counterparty risk, improve transparency, and appeal to traditional financial institutions that require qualified custodians.
If the charter is finalized, the company would gain nationwide coverage without depending on multiple state licenses. Compliance would be streamlined, and its institutional presence would expand.
Crypto World
Falling Binance Stablecoin Reserves Signal Liquidity Crunch
Stablecoin reserves on the world’s largest crypto exchange, Binance, have fallen back to levels not seen since October amid a crypto liquidity drought, according to CryptoQuant.
The stablecoin reserves are down 18.6% since November, dropping around $10 billion from $50.9 billion to current levels of $41.4 billion, said CryptoQuant analyst Darkfost on Monday.
Stablecoin reserves on exchanges “typically adjust based on investor demand,” and crypto “liquidity dynamics can be proxied through stablecoin flows,” the analyst noted.
Despite the decline, Binance still accounts for roughly 64% of total stablecoin reserves across all exchanges.
However, when a platform of this scale begins to reflect such a shift in investor behavior, “it becomes a signal worth monitoring,” they cautioned.
“For the market to stabilize, a renewed inflow of stablecoins will likely be required to reverse the current liquidity trend.”

Crypto liquidity drought continues
A contraction in exchange stablecoin reserves generally means that investors are removing liquidity from crypto markets by converting back to fiat rather than leaving stablecoins on the sidelines for re-entry.
“One of the key headwinds currently weighing on the space is the lack of incoming liquidity,” commented Darkfost, who cautioned that “from a broader cross-market liquidity perspective, conditions are unlikely to improve in the near term.”
Related: Bitcoin’s tech stock divergence is a ‘fire alarm’ for fiat: Arthur Hayes
The total stablecoin market capitalization has plateaued at just over $300 billion since October, according to DeFiLlama. This has followed two years of solid gains that saw 150% increases in stablecoin circulation.
The last time the stablecoin market cap saw significant declines was in mid-2022 during the bear market that followed the Terra/Luna collapse, and they did not recover until November 2023, 18 months later.

Fed rate reduction in March unlikely
Liquidity is also highly influenced by US interest rates, and policymakers do not appear to be ready for another reduction.
Federal Reserve Governor Christopher Waller said on Monday he was open to leaving rates on hold at the March meeting if upcoming February labor market data indicates “pivoting to a more solid footing,” reported Reuters.
CME futures markets currently predict a 95.5% probability of rates remaining unchanged in March, further adding to crypto market liquidity woes.
Magazine: Bitcoin may take 7 years to upgrade to post-quantum: BIP-360 co-author
Crypto World
Jane Street faces claims of insider trading that sped up Terraform’s 2022 collapse
High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the downfall of crypto project Terraform Labs in 2022, which destroyed billions in investor wealth.
Todd Snyder, the administrator winding down Do Kwon’s Terraform Labs, has sued Jane Street, seeking damages from its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang, according to a report by Wall Street Journal.
Snyder has accused the trading firm of using material nonpublic information from Terraform insiders to front-run trading that sped up Terraform’s demise. That means trading on private, price-swinging facts before they’re public and then jumping ahead of big orders to pocket profits first.
“Jane Street abused market relationships to rig the market in its favor during one of the most consequential events in crypto history,” Snyder said in a statement.
“On behalf of injured parties, we will pursue all avenues supported by the facts and the law against those who exploited their position and reaped substantial profits at the expense of Terraform Labs’ creditors.
Terraform Labs was a Singapore-based blockchain company founded in 2018 by Do Kwon and Daniel Shin, best known for creating the Terra blockchain, it’s native token luna and the algorithmic stablecoin TerraUSD (UST). The company filed for bankruptcy in January 2024, with a wind down trust taking control later that year. Do Kwon was sentenced 15-year prison after pleading guilty to two criminal counts in August.
The stablecoin lost its 1:1 USD peg in May 2022 and within days the luna token also crashed to zero. The result: An astonishing $40 billion in market cap evaporated in just one week, leading to massive wealth destruction worldwide. It also led to collapse of other crypto companies who had an exposure to the project.
It all started on May 7 with Terraform quietly withdrawing 150 million TerraUSD from decentralized stablecoin-focused trading platform Curve3pool. The lawsuit alleges that within 10 minutes, before Terraform informed anything to the public, a wallet linked to Jane Street also withdrew 85 million TerraUSD from the same pool. This supposedly triggered the market panic.
Kwon clarified on the following day that the 150 million withdrawals was mean to move coins to a new liquidity pool for stablecoins, but it was too late.
Then, On May 9, with TerraUSD starting to slip, Jane Street’s Pratt fired off a group chat to Kwon and team, floating offers to buy bitcoin or Luna. Kwon shot back that Jump’s co-founder Bill DiSomma should have clued them in earlier about Terraform’s fundraising push.
Jan Street has called the lawsuit an attempt to extract money from the trading firm while vowing to defend vigorously against “baseless, opportunistic claims.”
“This desperate suit is a transparent attempt to extract money when it is well-established that the losses suffered by Terra and Luna holders were the result of a multibillion-dollar fraud perpetrated by the management of Terraform Labs,” said a spokesman for Jane Street.”
Crypto World
Terraform Accuses Jane Street of Insider Trading
The court-appointed administrator overseeing the bankruptcy of crypto company Terraform Labs has sued trading firm Jane Street, accusing it of insider trading that worsened the collapse of the multibillion-dollar Terra ecosystem.
On Monday, Todd Snyder, Terraform’s court-appointed administrator, sued Jane Street, its co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang in a Manhattan federal court, accusing them of “misappropriating confidential information and manipulating market prices.”
The heavily redacted complaint claimed Jane Street used connections with “Terraform insiders to learn material non-public information” about the company and used the information to sell tokens tied to the Terra blockchain that worsened its collapse.

Jane Street told Cointelegraph it will defend itself over the “baseless, opportunistic claims.”
“This desperate suit is a transparent attempt to extract money when it is well-established that the losses suffered by Terra and Luna holders were the result of a multi-billion dollar fraud perpetrated by the management of Terraform Labs,” the firm said.
Terraform collapsed in May 2022 after its token, TerraUSD, an algorithmic stablecoin, lost its peg to the US dollar, leading to a death spiral that also saw the Terra token collapse and wipe out $40 billion.
Terraform filed for bankruptcy in the US in 2024, and its co-founder, Do Kwon, was later arrested and pleaded guilty in the US to two fraud charges. He was sentenced to 15 years in prison in December.
Jane Street sold hours before collapse, suit claims
Snyder’s lawsuit claimed Jane Street got information that allowed it to sell off “hundreds of millions of dollars in potential exposure at precisely the right time, mere hours before the Terraform ecosystem collapsed.”
According to the suit, Jane Street onboarded Terraform for trading in 2018, but its trading of Terra tokens “did not take off” until 2022, after Pratt, a former Terraform intern, reestablished communication with his old teammates.
Pratt also set up communications with Terraform’s business development lead, which Jane Street used as “a back-channel source for material non-public information about Terraform,” Snyder claimed.
Related: Jump Trading hit with $4B lawsuit tied to $50B Terra crash
The lawsuit said that on May 7, 2022, Terraform withdrew 150 million TerraUSD tokens from a liquidity pool for trading stablecoins without publicly announcing the move.
Within 10 minutes of Terraform’s withdrawal, Snyder claimed Jane Street sold 85 million TerraUSD into the same liquidity pool, which was its largest-ever single swap that kicked off a fire sale of the token that “ultimately led to the collapse of the Terra ecosystem.”
The lawsuit alleged that Jane Street continued to use sensitive information to inform trades of the TerraUSD stablecoin as it was collapsing to garner more profits, with Pratt setting up a group chat with Kwon.
Snyder is seeking damages from Jane Street, along with disgorgement and interest, at a jury trial.
Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026
Crypto World
Benchmark slashes Metaplanet target as BTC slump drives losses
Benchmark cut Metaplanet’s target after BTC-driven losses despite stronger BTC income.
Summary
- Benchmark trimmed its Metaplanet target from ¥2,400 to ¥1,100 while reiterating a buy view.
- Metaplanet booked a sizeable net loss on late‑2025 BTC price declines despite higher BTC income revenues.
- Shares trade near post‑April 2024 BTC‑treasury lows as large holders sit on deep unrealized BTC losses.
Benchmark has reduced its price target for Tokyo-listed Bitcoin treasury company Metaplanet while maintaining a “buy” rating, according to a recent analyst report citing mixed performance indicators from the firm’s earnings and bitcoin-focused strategy.
Metaplanet shares, which trade on U.S. over-the-counter markets, are trading near their lowest levels since the company began purchasing bitcoin in April 2024, according to market data.
The company reported a net loss for the fiscal year ended December 31, driven primarily by non-cash valuation losses on its bitcoin holdings following price declines in late 2025, according to the company’s financial statements. Revenue and operating profit showed improvement due to bitcoin-related financial services, the report stated.
Benchmark highlighted Metaplanet’s Bitcoin (BTC) Income Generation business, which generates revenue through options and yield strategies tied to bitcoin. The business model allows for potential dividends on new perpetual preferred shares without requiring the sale of core bitcoin holdings, according to the analyst report.
Metaplanet holds tens of thousands of bitcoin purchased at a high average price, resulting in a substantial unrealized loss, according to company disclosures.
Analysts stated that investor demand for preferred shares will determine the company’s ability to expand its bitcoin treasury while managing dilution risk. Large holders face substantial losses, reflecting the sector-wide impact of bitcoin volatility on corporate treasuries, the report noted.
Benchmark stated that upside potential remains if Metaplanet successfully scales both its bitcoin holdings and income-generating operations, but cautioned that price volatility and shareholder dilution represent significant concerns for investors.
Crypto World
Bitcoin advocate Erik Voorhees makes major Ethereum comeback
Veteran crypto advocate Erik Voorhees, an early supporter of Bitcoin and founder of ShapeShift, has repurchased a significant amount of Ethereum after selling a large stake roughly one year ago, according to on-chain data shared by analytics account Lookonchain.
Summary
- Erik Voorhees repurchased 9,911 ETH for $20.38 million at an average price of $2,057, according to on-chain data shared by Lookonchain.
- Roughly a year earlier, he sold 11,616 ETH for $33.94 million at around $2,922, effectively buying back at about a 30% lower price.
- The move follows his recent diversification into tokenized gold, signaling a broader strategy of tactical timing and portfolio hedging.
Erik Voorhees buys back $20M in Ethereum after last year’s sale
In a widely circulated tweet, Lookonchain reported that Voorhees spent 20.38 million USDC to acquire 9,911 Ethereum (ETH) at an average price of about $2,057.
About a year earlier, he had sold 11,616 ETH for roughly $33.94 million when the price was near $2,922.
The move suggests tactical timing. His prior sale at nearly $2,922 per ETH brought in about $33.94 million, while the recent repurchase cost $20.38 million, allowing him to reaccumulate a large position at a roughly 30% lower price.
The transaction also marks a notable return to Ethereum for Voorhees, who has built his reputation as one of crypto’s long-standing figures. Active in the space since at least 2011, he became a vocal Bitcoin proponent, championing BTC as “digital gold” and helping shape early crypto adoption.
Voorhees has also drawn attention recently for diversifying into other assets outside Bitcoin and ETH, including millions worth of tokenized gold. On-chain data shows he spent around $6.8 million in USDC to buy 1,382 ounces of PAXG, a gold-backed token, underscoring a broader strategy of hedging against market volatility with traditional safe-haven assets.
The ETH buyback could reflect renewed confidence in Ethereum despite price volatility and macro uncertainty. Buying near $2,057 at a lower entry point than his prior sale signals long-term accumulation rather than short-term trading.
Voorhees’ actions highlight a continuing theme among experienced crypto investors: balancing digital asset exposure with strategic diversification amid shifting market conditions.
Crypto World
Bitcoin (BTC) dips under $63,000 and history says more pain ahead before bottom forms
Bitcoin dipped below $63,000 during Asian trading hours, extending overnight weakness amid President Donald Trump’s tariffs and AI jitters that have soured investor sentiment.
The leading cryptocurrency by market value is already down nearly 7% for the week, trading at levels last seen on Feb. 6 when prices nearly dropped to $60,000, CoinDesk data shows.
“Similar to equities, Bitcoin has had a sharp pullback today, driven largely by renewed tariff-related uncertainty, similar to the events of April 2025. Furthermore, ratcheting geopolitical tensions could likely prove bearish for BTC in the short-term,” Matt Howells-Barby, vice president at Kraken, Pro Trader, and host of Trading Spaces, told CoinDesk in an email.
He added that the $60,000 level is a key support that bulls are watching closely. “If that level fails to hold, we could potentially see a move into the mid-to-low $50K range,” he noted.
The U.S. stocks fell Monday after Trump said he would place temporary 15% tariffs on imports from other countries, up from the 10% rate announced Friday following the Supreme Court’s decision to struck down his tariffs strategy. Meanwhile, investors continued to sell shares in companies that stand to lose the AI revolution.
History favors a deeper sell-off in BTC
History shows BTC rarely bottoms until the 50-week average price crosses below the 100-week average price. This so-called bear cross has marked the end of every major bear market, including those in 2022 and 2018.
We’re nowhere near that signal today, as the 50-week average price remains well above the 100-week.
So, if past data is a guide, the market could slide further, potentially to $50,000 or lower, as several experts told CoinDesk at Consensus Hong Kong before the averages cross bearish and capitulation sets in.
The pattern may seem counterintuitive: The 50-week average dropping below the 100-week signal further weakens momentum.
But it fits the moving averages’ lagging nature perfectly: crossovers confirm what’s already happened – not predict what’s next – so long-term ones have tended to market bear market bottoms in bitcoin.
That said, as with any indicator, the past record offers no assurance of future results.
-
Crypto World7 days agoCan XRP Price Successfully Register a 33% Breakout Past $2?
-
Video4 days agoXRP News: XRP Just Entered a New Phase (Almost Nobody Noticed)
-
Fashion3 days agoWeekend Open Thread: Boden – Corporette.com
-
Politics2 days agoBaftas 2026: Awards Nominations, Presenters And Performers
-
Sports11 hours agoWomen’s college basketball rankings: Iowa reenters top 10, Auriemma makes history
-
Politics12 hours agoNick Reiner Enters Plea In Deaths Of Parents Rob And Michele
-
Business6 days agoInfosys Limited (INFY) Discusses Tech Transitions and the Unique Aspects of the AI Era Transcript
-
Entertainment6 days agoKunal Nayyar’s Secret Acts Of Kindness Sparks Online Discussion
-
Video7 days agoFinancial Statement Analysis | Complete Chapter Revision in 10 Minutes | Class 12 Board exam 2026
-
Tech6 days agoRetro Rover: LT6502 Laptop Packs 8-Bit Power On The Go
-
Sports5 days agoClearing the boundary, crossing into history: J&K end 67-year wait, enter maiden Ranji Trophy final | Cricket News
-
Business2 days agoMattel’s American Girl brand turns 40, dolls enter a new era
-
Business2 days agoLaw enforcement kills armed man seeking to enter Trump’s Mar-a-Lago resort, officials say
-
Entertainment5 days agoDolores Catania Blasts Rob Rausch For Turning On ‘Housewives’ On ‘Traitors’
-
NewsBeat20 hours ago‘Hourly’ method from gastroenterologist ‘helps reduce air travel bloating’
-
Business6 days agoTesla avoids California suspension after ending ‘autopilot’ marketing
-
Politics7 days agoEurovision Announces UK Act For 2026 Song Contest
-
Tech2 days agoAnthropic-Backed Group Enters NY-12 AI PAC Fight
-
NewsBeat1 day agoArmed man killed after entering secure perimeter of Mar-a-Lago, Secret Service says
-
Politics2 days agoMaine has a long track record of electing moderates. Enter Graham Platner.
