This week, the crypto asset exchange Bullish reported a steep fourth-quarter 
net loss even as adjusted revenue, EBITDA, and activity in its bitcoin options 
market climbed sharply, pointing to a widening gap between headline results 
and underlying operating momentum. Bullish Earnings Reveal Options Growth 
Outpacing Accounting Pain On Thursday, Bullish said net income for the […]

Bullish Logs $564M Q4 Loss as Bitcoin Options Volume Breaks $9B

Tether acquires 12% of Gold.com as gold-backed XAUT surpasses $2.4B and leads 
$5.5B tokenized gold market after metal hit $5.5K in January.
The post Tether acquires 12% stake in Gold.com in $150M strategic investment 
appeared first on Crypto Briefing.

Tether acquires 12% stake in Gold.com in $150M strategic investment

Strategy suffers $12.4B Q4 loss as Bitcoin market downturn sinks BTC to $64K, 
stock down 17%, yet affirms its long-term Bitcoin strategy.
The post Strategy posts $12.4B Q4 loss as Bitcoin sinks to $64K and stock 
tumbles 17% appeared first on Crypto Briefing.

Strategy posts $12.4B Q4 loss as Bitcoin sinks to $64K and stock tumbles 17%

Crypto analyst Coinvo has revealed that the Bitcoin price has just hit a 
15-year trendline following its latest crash to around $70,000. He declared 
this a buying opportunity, noting that the trendline has historically held on 
four prior occasions in past cycles. Bitcoin Price Hits 15-Year Trendline 
Against Gold In an X post, Coinvo stated that the Bitcoin price has hit the 
same RSI trendline on its gold chart as in 2011, 2015, 2019, and 2022. He 
further noted that this development has historically created a buying 
opportunity, as BTC has consistently outperformed gold when this happens. He 
urged market participants not to miss this as it is the “biggest opportunity” 
they have ever had. Related Reading: Bitcoin Set To Test Resistance At $80,600 
After Bottoming At $74,000 His statement comes as the Bitcoin price crashed to 
a new yearly low at around $70,000, with the leading crypto asset now down 
over 19% year-to-date (YTD). Based on Coinvo’s analysis, this may mark the 
bottom for BTC despite concerns that the crypto market may be entering a deep 
bear market. In another X post, the analyst stated that the Bitcoin price is 
set to repeat the entire 2023 rally. He noted that the same pattern as in 2023 
is playing out now, with BTC hitting the 200-day EMA, which marked a bear- 
market bottom back then by flipping into support. Coinvo added that most 
people are too focused on the bearish noise, but urged market participants not 
to let it obscure the truth, as Bitcoin is going higher. However, crypto 
analyst Benjamin Cowen has suggested that the Bitcoin price could still drop 
lower, having crashed below its April 2025 low. He noted that in the previous 
cycles, when BTC fell below the 100-week SMA, it crashed straight to the 
200-week SMA before any relief bounce occurred. BTC Could Still Crash To As 
Low As $63,000 Veteran trader Peter Brandt shared an accompanying chart 
showing that the Bitcoin price could still drop to as low as $63,000. This 
came as he noted that the nature of BTC’s decline, with eight consecutive days 
of lower lows and highs, indicates campaign selling rather than retail 
liquidation. He noted that he has observed this pattern several times and that 
it is difficult to determine when it ends. Crypto analyst PlanB highlighted 
potential bear-market scenarios for BTC. He stated that an 80% drawdown from 
the current all-time high (ATH) could put the Bitcoin price at $25,000. 
Furthermore, a drop to the 200-week MA and current realized price could mean a 
crash to between $50,000 and $60,000. Meanwhile, a crash to the previous 
cycle’s ATH could mean that $70,000 is the bottom. Related Reading: Here’s 
What To Expect If The Bitcoin Price Maintains Support Above $74,400 At the 
time of writing, the Bitcoin price is trading at around $70,700, down over 7% 
in the last 24 hours, according to data from CoinMarketCap. Featured image 
from Getty Images, chart from Tradingview.com

Bitcoin Price Just Hit A 15-Year Trendline After The Crash, What This Means

Out with crypto, in with gambling. Gemini is laying off employees and shifting 
focus to Gemini Predictions, a platform that has processed over $24 million in 
volume since December.

Cryptocurrency price in BTC