Ripple is accelerating its push into institutional finance after deploying 
roughly $4 billion in acquisitions, as CEO Brad Garlinghouse positions the 
blockchain firm as core infrastructure linking traditional markets with 
digital assets. Ripple Channels Billions Into Powering the Next Era of 
Corporate Digital Assets, CEO Details Corporate adoption of digital assets 
continues to accelerate as […]

Ripple Deploys Billions to Transform Global Finance, CEO Says He’s ‘Incredibly Excited’

CFTC chair Mike Selig said the agency established a prediction markets 
advisory to help catch insider traders, warning there would be consequences.

Kalshi boots a US politician off the platform for insider trading

Tether’s market capitalization has declined for a second straight month, a 
rare occurrence last seen after the 2022 Terra collapse. This contraction, 
alongside muted bitcoin ETF demand, points to fragile market conditions. 
Stablecoin Slowdown Signals Crypto Capital Outflows Tether ( USDT) is flashing 
a signal the crypto market hasn’t seen in years. The world’s largest […]

USDT Market Capitalization Drops by Over $3 Billion, Raising Market Concerns

According to a new forecast from an Elliott Wave analyst, the Bitcoin price 
could be gearing up for more pain as bearish pressures continue to weigh 
heavily on it. As a final bear market move, the analyst has projected that 
Bitcoin could crash by more than 14% from its current price near $65,000. 
Bitcoin Price Readies For Final Bear Market Plunge Elliott Wave Strategy, a 
market expert on X who focuses primarily on Elliott Wave structures and 
analysis, has warned that Bitcoin is entering its final leg down of its 
current bear market cycle. In his updated post, the analyst declared that 
BTC’s corrective Wave 4 structure has ended precisely as projected. He 
summarized the outlook bluntly, stating that the relief phase is finally over 
and Wave 5 is now in motion. Related Reading: Bitcoin Dominance To Experience 
Major Crash? Pundit Shares What This Would Mean The accompanying TradingView 
chart shows Wave 5 beginning at the end of a triangle formation, which marked 
Wave 4. The projected target for the final wave has been clearly defined, with 
the first measured move expected to drag Bitcoin’s price down toward the 1.0 
Fibonacci Retracement level at $60,385. Elliott Wave Strategy has also 
forecasted a potential market bottom. He expects Bitcoin to decline further to 
the next bearish target at $55,759, marked by the 1.618 Fibonacci level. Based 
on the expert’s analysis, BTC’s current structure shows no clear signs of a 
possible recovery until it completes its correction. As a result, the analyst 
has urged investors and traders to brace for the potential decline to $55,759, 
which could wipe out more than 55% of BTC’s value from its ATH levels above 
$126,000. A Recap Of Bitcoin’s Wave 4 Performance Based on the wave count 
displayed on the Elliott Wave Strategy’s chart, Bitcoin has already completed 
Waves 1 through 4 of a five-wave bearish impulse. The structure shows an 
earlier price breakdown from above $90,000, slicing through the 0.382 
retracement at $90,601 before accelerating below $75,300, which coincided with 
the 0.5 retracement level. Following this, Bitcoin continued its downward 
spiral below the 0.382 Fibonacci Retracement at $71,689.20, marking the start 
of the Wave 4 consolidation. Related Reading: Here’s What’s Driving The 
Bitcoin Price Crash Toward $60,0000 In a previous analysis, Elliott Wave 
Strategy noted that Bitcoin had already entered its corrective Wave 4 
structure as of February 12. He warned that the temporary rally above $71,000 
that preceded the onset of Wave 4 should not be mistaken for a new bull market 
cycle, reinforcing his predominantly bearish stance on BTC. The now-completed 
Wave 4 triangle has been capped by descending resistance near $70,000 and 
supported by a rising trendline around $66,000. Elliott Wave Strategy 
characterized this trendline as a classic bearish continuation pattern, 
suggesting further downside pressure for BTC’s already weak price. Featured 
image from Pixabay, chart from Tradingview.com

Elliot Wave Analyst Predicts Bitcoin Price Will Crash In Final Move, What’s The Target?

A new research report from bitcoin-focused financial services firm River 
estimates that 23 nation-states now hold bitcoin, signaling a steady shift 
from fringe asset to sovereign balance sheet contender. River Report: Nearly 2 
Dozen Countries Now Hold Bitcoin as Nation-State Adoption Expands River’s 
latest adoption report paints a clear picture: bitcoin (BTC) is no longer […]

Cryptocurrency price in BHD