Recent Bitcoin price drops highlight the risks of derivatives and the 
influence of traditional finance on crypto markets.
The post Parker White: Bitcoin&#8217;s price drop linked to IBIT options stress, a Hong Kong hedge fund&#8217;s influence, and the risks of short volatility strategies | Unchained appeared first on Crypto Briefing.

Parker White: Bitcoin’s price drop linked to IBIT options stress, a Hong Kong hedge fund’s influence, and the risks of short volatility strategies | Unchained

Bitcoin price failed to stay above $70,000 and started another decline. BTC is 
now trading below $68,800 and might extend losses in the near term. Bitcoin is 
slowly moving lower below $68,800 and $68,000. The price is trading below 
$68,000 and the 100 hourly simple moving average. There is a bearish trend 
line forming with resistance at $68,200 on the hourly chart of the BTC/USD 
pair (data feed from Kraken). The pair might dip again if it trades below the 
$66,500 and $65,000 levels. Bitcoin Price Dips Again Bitcoin price failed to 
remain stable above the $70,000 zone. BTC started a fresh decline and traded 
below the $68,800 support zone. There was a push below $68,000. The price 
dipped below the 50% Fib retracement level of the upward move from the $60,500 
swing low to the $72,256 high. There is also a bearish trend line forming with 
resistance at $68,200 on the hourly chart of the BTC/USD pair. Bitcoin is now 
trading below $68,000 and the 100 hourly simple moving average. If the price 
remains stable above $65,000, it could attempt a fresh increase. Immediate 
resistance is near the $68,200 level and the trend line. The first key 
resistance is near the $69,000 level. A close above the $69,000 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $70,000 resistance. Any more gains might send the price toward 
the $71,500 level. The next barrier for the bulls could be $72,000 and 
$72,500. More Losses In BTC? If Bitcoin fails to rise above the $69,000 
resistance zone, it could start another decline. Immediate support is near the 
$66,000 level. The first major support is near the $65,000 level or the 61.8% 
Fib retracement level of the upward move from the $60,500 swing low to the 
$72,256 high. The next support is now near the $63,500 zone. Any more losses 
might send the price toward the $62,000 support in the near term. The main 
support now sits at $61,200, below which BTC might struggle to recover in the 
near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in 
the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD 
is now below the 50 level. Major Support Levels – $66,000, followed by 
$65,000. Major Resistance Levels – $69,000 and $70,000.

Bitcoin Price Bleeds Lower With $65K Becoming The Battleground

XMoney&#8217;s launch could transform X into a comprehensive platform, potentially 
increasing user engagement and daily active users significantly.
The post Elon Musk says X Money will launch external beta in 1–2 months 
appeared first on Crypto Briefing.

Elon Musk says X Money will launch external beta in 1–2 months

Binance and Franklin Templeton have activated tokenized money market funds as 
off-exchange collateral, accelerating institutional crypto adoption and 
tightening the bridge between traditional finance and blockchain-based trading 
infrastructure. Franklin Templeton and Binance Expand Off-Exchange Trading 
Infrastructure Digital asset firms and asset managers are expanding 
institutional infrastructure as tokenization gains momentum. Crypto exchange 
Binance announced on […]

Binance and Franklin Templeton Launch Tokenized Fund Collateral for Institutions

Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again declared his 
support for Bitcoin, this time making a direct comparison between the digital 
asset and gold. In a recent post on social media, the New York Times 
bestselling author said that if he were forced to choose between the two, he 
would select Bitcoin over gold, citing the cryptocurrency’s actual design as 
the deciding factor. His comments quickly led to reactions from his followers, 
not only because of the comparison but also due to his own recent activity in 
the crypto market. Bitcoin Is A Better Investment Than Gold According to 
Kiyosaki, investing in Bitcoin is a much better decision than buying gold, and 
this is mostly due to the supply dynamics of the two assets. On a surface 
level, Kiyosaki noted that it would be obviously better to invest in both gold 
and Bitcoin, while also adding silver for diversification of assets. However, 
if he had to choose only one asset, he would choose Bitcoin. Related Reading: 
Contrary To Popular Belief, This Is Not The Worst Bitcoin Crash In History – 
Here’s The List Kiyosaki’s view on Bitcoin as a better investment is based on 
its hard supply cap of 21 million coins. Unlike gold, whose total reserves are 
uncertain and expandable through technological advancements and exploration, 
Bitcoin’s issuance schedule is mathematically predetermined. The protocol 
behind BTC makes sure that no more than 21 million coins will ever exist. As 
of now, over 19 million coins have already been mined, which means the network 
is close to its maximum supply threshold. According to Kiyosaki, this design 
is brilliant, and that means the price of Bitcoin should only go up. Based on 
Kiyosaki&#8217;s perspective, engineered scarcity gives Bitcoin a structural 
advantage over gold. If demand is growing while supply remains fixed, basic 
economic theory implies upward price pressure over the long term. &#8220;Glad I 
bought my Bitcoin early,&#8221; Kiyosaki said. From Selling BTC To Defending His 
Early Entry Claims Robert Kiyosaki rose to prominence with his 1997 
bestselling book on personal finance called Rich Dad Poor Dad, which 
eventually rolled over into a series of personal finance books. Over the 
years, he has broadened his commentary to include real estate, precious 
metals, commodities, and, more recently, cryptocurrencies. Related Reading: 
Forget A Bitcoin Yearly Top, BTC Price Might Have Hit A 16-Year Cyclical Peak 
In late 2025, Kiyosaki disclosed that he had sold a portion of his Bitcoin 
holdings. The disclosure came in November, around the time the price of 
Bitcoin fell below $90,000. According to him, he sold roughly $2.25 million 
worth of Bitcoin, explaining that the coins had originally been acquired years 
earlier at about $6,000 each. Speaking of buying Bitcoin at $6,000, Kiyosaki 
is claiming he stopped buying Bitcoin at $6,000. However, he has faced 
backlash for this claim. Recent community notes show Kiyosaki said on January 
23, 2026, that he was continuously buying Bitcoin, alongside other assets like 
gold, silver, and Ethereum. Nonetheless, the gold-versus-Bitcoin discussion 
among investors is unlikely to stop anytime soon. Featured image from Getty 
Images, chart from Tradingview.com

Cryptocurrency price in CNY