Bharats Work shop

#NIKE
Key Points:

Nike shares tumble after weak sales forecast

Stock down 60% from its all-time high

Company expects sales to drop significantly due to tariffs and leadership changes

Nike Stock Takes a Hit

Nike (NKE) saw its stock drop over 5% in after-hours trading on Thursday following a gloomy sales outlook. The decline follows a 1.5% dip during regular trading, pushing the stock below $70 and reducing Nike’s market valuation to under $100 billion—its lowest since 2020.

Despite concerns, Nike’s latest earnings report, covering the three months ending in February, exceeded expectations.

Revenue Beats Projections

Quarterly revenue fell 9% to $11.3 billion, surpassing analysts’ forecasts of $11 billion. Earnings per share came in at $0.54, well above Wall Street’s estimate of $0.30. CEO Elliott Hill acknowledged the company’s struggles, stating, “While we met expectations, we’re not satisfied with our overall results. We can and will improve.”

However, Nike faces ongoing pressure to reverse its stock’s downward trend. Over the past year, shares have dropped 28%, and they remain 60% below their 2021 record high.

Tough Road Ahead for Nike

Investor concerns stem largely from Nike’s weak future outlook. CFO Matt Friend warned that tariffs imposed by Donald Trump and internal executive changes could significantly impact sales in the current quarter. Nike expects revenue for the May quarter to decline by a “mid-teens percentage,” exceeding analysts’ projected 12.2% drop to $11 billion.

The sportswear giant, which has the backing of activist investor Bill Ackman with a $1.4 billion stake, now faces the challenge of navigating these headwinds while reassuring shareholders about its long-term prospects.

#BTC
#xrp
Key Takeaways:

Bitcoin remains sluggish around $83,000.

Investor sentiment is dull, with little excitement in the market.

Ethereum down 55%, Bitcoin down 23% from its peak.

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Bitcoin Stuck in Limbo Near $83,000

Bitcoin (BTC/USD) hovered near $83,000 on Monday morning, struggling to gain traction as traders showed little interest in making significant moves. The excitement surrounding Trump’s potential crypto-friendly policies has faded, leaving a more somber mood in the market.

Currently, Bitcoin has dropped 23% from its all-time high of $109,000 set in December. That officially marks a bear market, defined as a decline of at least 20% from recent highs.

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Trump’s Crypto Stance Falls Flat

Hopes for a crypto boom under Trump’s leadership have so far led to disappointment. Instead of delivering clear regulatory policies, White House AI and crypto advisor David Sacks used the first major crypto gala to heap praise on Trump, without outlining any concrete steps for industry progress.

That said, Trump’s crypto working group is still in action, with expectations that a regulatory framework could be unveiled in the coming months. If successful, it could provide clarity and attract new investment to the space.

---

Market Outlook: Caution Ahead

From a technical perspective, Bitcoin has slipped below its 200-day moving average, signaling a potential long-term downtrend. If this level doesn’t hold, further declines could be in store, making traders wary of additional selling pressure.

Meanwhile, Ethereum (ETH/USD) has plummeted below $1,900, marking a staggering 55% drop from its December peak of $4,100. XRP (XRP/USD) has dipped to the $2.20–$2.30 range, and Solana (SOL/USD) has tumbled below $130.

With sentiment remaining weak and no immediate catalysts in sight, the crypto market could continue to face bearish headwinds in the near term.
Disclaimer
This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information provided in this article.

#BTC #UAECrypto
The United Arab Emirates has emerged as a global hub for crypto innovation, offering zero personal income tax, low corporate taxes, and one of the clearest regulatory frameworks in the world. Entrepreneurs from around the globe are flocking to Dubai, Abu Dhabi, Ras Al Khaimah, and other emirates to launch their ventures. The country’s modern infrastructure, business-friendly policies, and government-backed support for innovation make it an attractive destination for ambitious crypto startups.

Yet, beneath this success lies a critical issue: Many founders are unknowingly setting up their businesses incorrectly, and the

#xrp #bnb #ADA #solana
This week, we take a closer look at Ethereum (ETH), Ripple (XRP), Cardano (ADA), Binance Coin (BNB), and Solana (SOL) as the market continues to show signs of consolidation and potential shifts in momentum.
Ethereum (ETH)
Ethereum struggled to maintain its position above $3,300 and declined by 4% over the past week. However, sellers lacked the strength to push the price below $3,000, which remains a critical support level.

For the past three weeks, ETH has been trading within a tight range, with every attempt to break above $3,300 quickly rejected. This prolonged consolidation phase may lead to a decisive breakout in the near future.

Looking ahead, Ethereum’s weekly MACD has turned bearish, suggesting that
Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The authors and publishers of this content are not responsible for any financial losses incurred

#ETH
$BTC

Ethereum (ETH) may have faced a challenging January, but experts argue that the long-term outlook remains highly positive. Vivek Raman, a former UBS bond trader and founder of Etherealize, believes that the market is underestimating Ethereum’s potential.

> “We are not bullish enough about Ethereum,” Raman stated on Jan. 29, highlighting what he sees as structural tailwinds for ETH in 2025 and beyond.

Despite recent price struggles, several key developments suggest Ethereum is poised for a strong rebound.

1. Trump’s DeFi Project Is Betting Big on Ethereum

The Trump-affiliated DeFi project, World Liberty Finance, has been accumulating and building on Ethereum. According to Arkham Intelligence, about 64% of the project's $400 million portfolio is in ETH and Lido-staked ETH (stETH).

Ethereum remains the gold standard for decentralized finance, with Raman emphasizing that ETH is the "primary reserve asset for the digital economy."

2. Institutional Adoption Is Accelerating

Investment managers and hedge funds are increasingly turning to tokenization, a process where real-world assets are represented on the blockchain. Raman points out that Ethereum is the go-to network for tokenization, making it an essential part of institutional adoption.

Major investment banks are also integrating crypto functionality, with Ethereum standing out as the safest, most secure blockchain capable of handling programmable finance.

3. Regulatory Changes Are Opening the Floodgates

A significant regulatory shift has created a major catalyst for Ethereum. The repeal of SAB 121, a Biden-era policy that limited banks from holding crypto, means that banks can now custody ETH, BTC, and tokenized assets on their balance sheets.

This change could bring a wave of institutional capital into Ethereum, further solidifying its role as the backbone of the digital financial system.

4. Staked Ether ETFs Are Coming

The potential launch of staked Ether ETFs is another bullish factor. The new SEC chair is seen as pro-innovation, increasing the likelihood that ETH-based financial products will gain regulatory approval.

If approved, these ETFs would further institutionalize Ethereum, attracting even more capital to the ecosystem.

5. Ethereum Is Becoming the Global Economic Operating System

Beyond price speculation, Ethereum's role in the global economy is expanding. Raman argues that Ethereum is evolving into the world's financial infrastructure, supporting everything from DeFi to tokenized real-world assets.

As more enterprises and governments integrate blockchain technology, Ethereum stands to benefit as the dominant smart contract platform.

ETH Price Outlook: A Turning Point Ahead?

Despite the structural tailwinds, ETH’s price action remains sluggish. At the time of writing, Ethereum has reclaimed $3,200, marking a 2.3% daily gain but still sitting 13.5% below its January high.

However, analysts remain optimistic. Investor Ted Pillows notes that Ethereum has been forming higher lows, with $4,000 as a key resistance level.

Similarly, Crypto Admiral believes Ethereum is on the verge of a major move:

> “Ethereum is on the verge of something big—buckle up!”
Historically, February has been a bullish month for Ethereum, and with improving sentiment, investors are hopeful for a strong recovery following a lackluster January.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The views and opinions expressed by analysts and individuals mentiond

#DOGE
$DOGE
DOGEUSD +2.36% | BTCUSD +1.37%

Dogecoin (DOGE) has found support at $0.3050 and is rebounding against the US Dollar. The meme-inspired cryptocurrency is showing signs of recovery and may aim for further gains above $0.350.

Key Highlights:

DOGE price has started a steady climb above the $0.315 and $0.320 levels.

Currently, the price is hovering around $0.3320, aligning with the 100-hour simple moving average.

A key bearish trend line was broken, with resistance at $0.330 on the hourly DOGE/USD chart (data source: Kraken).

DOGE could extend its rally if it surpasses the $0.340 and $0.3480 resistance levels.

Dogecoin Price Targets Higher Levels

Unlike Bitcoin and Ethereum, Dogecoin faced a fresh decline after hitting resistance near $0.3850. It dropped below key support levels at $0.3500 and $0.3350, briefly touching a low of $0.3052.

However, DOGE has since rebounded, reclaiming over 50% of its losses from the $0.3599 swing high to the $0.3052 low. A break above a major bearish trend line at $0.330 suggests renewed bullish momentum.

Currently, DOGE is trading above $0.330 and the 100-hour moving average. The immediate resistance is at $0.3390, near the 61.8% Fibonacci retracement level of the recent decline.

The first major hurdle for bulls lies at $0.3480, followed by a key resistance at $0.3550. A successful close above $0.3550 could propel DOGE toward $0.3660. Further gains may drive the price to $0.3880, with the next bullish target potentially at $0.40.

Potential Pullback for DOGE?

If DOGE fails to break past $0.340, another decline may be on the horizon. Initial support is found near $0.3250, with a stronger safety net at $0.3150
Disclaimer
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information provided.

#Binance #CryptoNewss
The cryptocurrency sector experienced a transformative 2024, setting the stage for further innovation and expansion in 2025. With forecasts predicting Bitcoin's price to surge by 50% and altcoins potentially reaching a $3 trillion market cap, the year ahead holds significant promise for investors and developers alike.

Cointelegraph Research’s latest report provides an in-depth analysis of last year’s key trends and offers insights into what lies ahead, covering developments in Bitcoin, decentralized finance (DeFi), regulation, emerging technologies, altcoin performance, and real-world assets (RWA).

Bitcoin’s Growing Integration into Traditional Finance

Bitcoin solidified its role in the global financial system in 2024, driven by the introduction of spot Bitcoin exchange-tr

#BTC

Arthur Hayes, Chief Investment Officer at Maelstrom and co-founder and former CEO of BitMEX, has published a new essay titled “The Ugly”. In it, he argues that Bitcoin may experience a significant short-term pullback before surging to record highs. Hayes outlines two key scenarios for buying Bitcoin.
A Market Correction Before a Massive Rally?
Hayes begins by comparing market analysis to backcountry skiing on a dormant volcano—where sudden shifts in conditions can signal impending danger. He recalls a similar feeling from late 2021, just before crypto markets crashed from all-time highs.

He highlights subtle indicators such as central bank balance sheet movements, banking credit expansion, and the relationship between U.S. Treasury yields, stocks, and Bitcoin. These factors, he says, resemble market conditions before the 2022 and 2023 downturns. Despite this, Hayes does not believe the broader Bitcoin bull cycle is over. However, he anticipates a potential dip to the $70,000–$75,000 range before a sharp rebound, potentially pushing Bitcoin to $250,000 by the end of the year.

Hayes’ Strategy: Scaling Back to Reinvest Lower

Given the current macroeconomic environment—characterized by inflation concerns and rising interest rates—Hayes describes Bitcoin’s price movements as being closely tied to broader financial markets. His investment firm, Maelstrom, remains net long on Bitcoin while increasing its holdings in USDe stablecoins, positioning itself to buy back Bitcoin if it drops below $75,000.

Hayes sees a potential 30% correction as a realistic scenario. However, he also acknowledges that Bitcoin could continue rising. His second buy trigger? If Bitcoin breaks above $110,000 on strong volume with expanding perpetual futures open interest, he will “throw in the towel” and buy back at higher levels.

Central Banks, Interest Rates, and Bitcoin’s Future

Hayes attributes potential downside pressure to monetary policy decisions by major central banks, including the Federal Reserve (Fed), the People’s Bank of China (PBOC), and the Bank of Japan. These institutions, he notes, are either limiting money creation or allowing bond yields to rise—moves that could drain liquidity from speculative

#BTC
BTC Eyes Recovery Amid Market Volatility
After a rocky start to the week, Bitcoin (BTC) has bounced back above the $100,000 mark, recovering 4% from its recent dip. Following this rebound, some analysts believe BTC could be gearing up for a strong February surge.

Volatile January, Bullish February?

The crypto market faced turbulence on Monday due to a broader sell-off triggered by DeepSeek’s Artificial Intelligence (AI) news. This led to significant declines across major altcoins, with Ethereum (ETH) dropping 8.4% and Solana (SOL) falling 15%, while Bitcoin lost 5%.

BTC slipped below $100,000 for the first time in over a week, briefly touching $98,000 before rebounding. By Tuesday, the leading cryptocurrency had climbed to $102,000 but struggled to break past $103,000, fluctuating within the $102,000–$102,990 range.

Crypto trader Daan Crypto observed that Bitcoin remains within the mid-zone of its post-election range, suggesting the $100K level is still a crucial support area. “Right back into the high-volume area within this range. Doesn’t seem like the $100K mark is left behind so easily just yet,” he commented.

According to Daan, unless Bitcoin breaks decisively below $90,000 or above $108,000, it will likely continue its choppy but stable movement. However, based on historical data, February could bring stronger price action.

Statistics show that February has historically been BTC’s second-best performing month, only behind October. Data from CloinGlass reveals that in the past 12 years, Bitcoin has recorded positive gains in February 10 times, with returns as high as 61%.

Similarly, analyst Rekt Capital highlighted that in previous post-halving years, Bitcoin saw double-digit February gains:

2013: +61%

2017: +23%

2021: +36%

The analyst further noted that 8 out of the past 12 Februarys since 2013 have yielded double-digit gains.

Bitcoin’s Next Surge Just Weeks Away?

Rekt Capital also believes Bitcoin is preparing for its next major upward move. The analyst explained that BTC has completed its first post-halving price discovery uptrend and its subsequent correction, signaling the beginning of another rally.

Based on historical patterns, BTC is likely to embark on its second price discovery uptrend within the next two weeks. This aligns with Bitcoin’s parabolic phase, where past cycles saw new highs forming in the 16th week. Currently, Bitcoin is entering its 14th week of this cycle.

2017 Cycle: BTC rebounded from its first price discovery correction in Week 14 and hit new highs by Week 16.

2021 Cycle: BTC bottomed out in Week 14 and reached fresh highs in Week16.

#solana
$SOL
Solana (SOL) has dropped below the $250 support level, signaling potential further losses. The price is consolidating, encountering resistance near $235 and $242.

Key Points:

SOL price declined below $250 and $240 against the U.S. Dollar.

It is trading under $240 and the 100-hourly simple moving average.

A bearish trend line is forming near $235 on the hourly SOL/USD chart (data source: Kraken).

A breakout above $242 could trigger a fresh rally.

Solana Drops Below $250

SOL struggled to sustain gains above $260 and turned lower, mirroring Bitcoin and Ethereum. The price fell below $250 and $242, dipping as low as $225 before stabilizing.

It recently climbed past $230 and surpassed the 23.6% Fibonacci retracement level of the drop from $244 to $225. However, SOL remains below $240 and the 100-hourly SMA.

On the upside, immediate resistance stands at $235, aligning with the 50% Fibonacci retracement level. Additionally, a key bearish trend line at $235 presents further resistance.

A decisive break above $242 could open the door for a push toward $250. If SOL clears $250, the next
Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate significantly. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information provided.

#CryptoNews🚀🔥
David S. Goyer, the acclaimed screenwriter behind The Dark Knight and Blade franchises, is spearheading a groundbreaking sci-fi project that blends artificial intelligence, blockchain technology, and Hollywood storytelling. The project, Emergence, launched on January 28 via the Incention platform on Story Protocol, introduces a new model for creating and monetizing intellectual property (IP).

A Decentralized Sci-Fi Universe

Emergence is a collaborative science fiction franchise that leverages blockchain to track user contributions to its expanding universe. Through smart contracts, contributors are compensated for their ideas, fostering a decentralized creative ecosystem.

Goyer, who also worked on Batman v Superman: Dawn of Justice and served as the showrunner for Foundation’s first season, has written the project’s foundational story “bible.” The goal is to develop a vast, interactive universe akin to Star Wars or the Marvel Cinematic Universe (MCU), where both professional and amateur creators can develop their own projects.

If successful, Incention hopes to encourage traditional studios to open

#Binance
#CryptoNews
#xrp
XRP has surged more than 12% in the past 24 hours, currently trading at $3.11. The cryptocurrency’s price rebounded from a low of $2.66 on January 27, reaching an intraday high of $3.21 on January 28, according to data from Cointelegraph Markets Pro and TradingView.

This rally is driven by several key factors, including:

Ripple’s regulatory advancements in the U.S.

Liquidation of overleveraged short positions in XRP futures

Technical indicators signaling a potential breakout

Ripple Expands Regulatory Compliance in the U.S.

A major catalyst for XRP’s price increase is Ripple’s recent acquisition of Money Transmitter Licenses (MTLs) in New York and Texas. These states are known for their stringent regulatory frameworks, and securing MTLs strengthens Ripple’s foothold in the U.S. financial ecosystem.

Why This Matters

Ripple now holds over 50 MTLs across the U.S., adding to its 60+ global licenses, which include:

A Major Payment Institution License in Singapore

Registrations as a Virtual Asset Service Provider in Ireland and the Cayman Islands

These licenses allow Ripple to legally facilitate cross-border payments, boosting trust and potentially increasing XRP’s real-world adoption. This growing regulatory approval helps solidify XRP’s use case, contributing to its price rally.

XRP Short Liquidations Surpass $3.3 Million

XRP’s price surge has triggered a wave of liquidations in the derivatives market, wiping out short positions and intensifying the rally.

Key Highlights

In the past 12 hours, $4.1 million in short XRP positions were liquidated, compared to just $847,000 in long liquidations.

Short sellers were forced to buy back XRP to cover their positions, fueling the price jump.

This cascading liquidation effect mirrors January 13-16, when XRP’s price surged 46% to $3.40 following $56 million in short liquidations.

Technical Analysis: XRP Targeting $4.62

Despite a recent dip to $2.66, XRP is showing strong bullish momentum, forming a bull flag pattern on the daily chart.

Key Technical Indicators

The bull flag pattern suggests a continuation of the rally if key support levels hold.

XRP is currently testing resistance at $3.10. A breakout above this level could trigger another rally.

The bull flag’s upside target is approximately $4.62, representing a potential 49% gain from the current price.

The Relative Strength Index (RSI) has risen from 58 to 62 in the last 24 hours, indicating increasing bullish momentum.

Conclusion

XRP’s price surge is fueled by Ripple’s regulatory progress, short liquidations, and strong technical indicators. If the bull flag breakout materializes, XRP could be on track for another major rally toward $4.62 in the coming weeks.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always co
nduct your own research before making investment decisions.
Disclaimer:
This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and trading involves significant risk. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.

#Binance
#Dogecoin‬⁩

DOGEUSD +0.12%

On-chain data indicates that a significant amount of Dogecoin (DOGE) has been withdrawn from Binance by a whale investor, a move that could signal a bullish outlook for the cryptocurrency.

Whale Moves $54 Million in DOGE After Price Decline

According to data from Whale Alert, a blockchain transaction tracking service, a massive Dogecoin transfer was detected in the past 24 hours. The transaction involved 175,274,112 DOGE, valued at approximately $54.7 million at the time of execution.

Given the sheer size of this transfer, it is likely that a whale—an entity holding a substantial amount of the cryptocurrency—was behind the transaction. Whales can exert significant influence on the market due to the volume of assets they control, making their actions closely watched by investors.
Disclaimer
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate significantly. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. Neither the author nor this publication is responsible for any financial losses incurred based on the information presented.

#bnb
#Binance
BNBUSD +0.33%

BNB price is recovering from the $635 support level, showing signs of strength. The cryptocurrency is on an upward trajectory and may attempt another push toward the $700 resistance level.

Key Highlights:

BNB price is facing resistance near the $685 level.

The price is currently trading above $675 and the 100-hour simple moving average.

A breakout occurred above a key bearish trend line at $674 on the hourly BNB/USD chart (data from Binance).

The price must stay above $668 to sustain its upw
ard momentum
Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. Neither the author nor this publication is responsible for any financial losses incurred as a result of trading or investing in cryptocurrencies.

#xrp

XRPUSD +2.99%
XRPBTC +1.57%
XRPUSDT +2.98%
XRP experienced a sharp decline, testing the $2.650 support level before staging a strong recovery. The price is now showing bullish signs, trading above the $3.00 mark.

Key Takeaways:

XRP dropped below the $3.00 support but quickly rebounded.

The price remains below $3.120 and the 100-hourly Simple Moving Average.

A break above a bearish trend line at $2.950 was seen on the hourly chart of XRP/USD (data from Kraken).

The pair faces key resistance at $3.10 and $3.12.

XRP Dips Before Rebounding Strongly

XRP struggled to break past the $3.050 resistance, leading to a downside correction similar to Bitcoin and Ethereum. The price fell below key support levels at $3.00 and $2.80, even briefly dipping under $2.720.

A low was established at $2.6562 before XRP rebounded sharply. The price surged past $2.80 and $2.85, breaking through the 50% Fibonacci retracement level of the drop from $3.207 to $2.6562.

Additionally, the price surpassed a bearish trend line at $2.950. Currently, XRP is still trading below $3.120 and the 100-hourly SMA, signaling ongoing resistance.

On the upside, the price faces resistance around $3.10, aligning with the 76.4% Fibonacci retracement level of the recent downward move. The first major resistance stands at $3.120, followed by a key barrier at $3.150.

A decisive move above $3.150 could trigger further gains toward $3.20. If momentum continues, XRP could aim for $3.250 or even $3.350 in the near term. The next significant bullish target would be $3.450.

Potential Downside Risks

If XRP fails to overcome the $3.10 resistance, another downward correction could begin. Initial support lies at $3.00, with stronger support at $2.950.

A break below $2.950 might push the price further down to $2.880, with the next key support around $2.750.

Technical Indicators:

Hourly MACD: Gaining momentum in the bullish zone.

Hourly RSI: Holding above 50, signaling positive momentum.

Major Support Levels: $3.00, $2.950
Major Resistance Levels: $3.100, $3.120

XRP remains at a critical juncture, with bullish momentum aiming for higher levels while downside risks persist. Traders should watch key resis
tance zones for confirmation of further gains.
Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always conduct your own research and consult with a financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information presented. Trading and investing in cryptocurrencies involve significant risks, and past performance does not guarantee future results.

#bitcoin #DOGE #MarketPullback
Bitcoin Crashes by $7K

Bitcoin’s calm weekend took a sharp turn on Monday as the leading cryptocurrency plummeted by $7,000 within just an hour, sparking a broader market downturn.

The drop follows last Monday’s similar volatility when BTC briefly fell below $100,000 before rebounding to a new all-time high of over $109,000. Throughout the past week, BTC remained highly volatile, with price swings occurring during and after Donald Trump’s inauguration. Notably, the lack of any mention of cryptocurrency in his speech led to a temporary correction, though BTC managed to hold above the $100,000 mark.

Over the weekend, Bitcoin stabilized around $105,000 before the Monday Asian trading session triggered a sharp decline. The cryptocurrency briefly dipped below $98,000, causing millions in liquidations. Although BTC has since recovered to $99,000, it remains 5% down on the day, with its market capitalization shrinking to $1.96 trillion. However, Bitcoin’s dominance over altcoins has risen to over 56% as alternative cryptocurrencies suffered even greater losses.

Altcoins Suffer Heavy Losses

As Bitcoin tumbled, altcoins were hit even harder. Ethereum led the downturn with a 7% drop, bringing its price below $3,100. XRP lost the $3 threshold, falling to $2.80. Other major altcoins, including Solana, Dogecoin, Cardano, Chainlink, Avalanche, Stellar, and SUI, have all recorded double-digit losses.

Even steeper declines—up to 20%—have affected VIRTUAL, XCN, SOS, RAY, PEPE, OP, BONK, and several other smaller-cap assets.

The total market capitalization of all cryptocurrencies has lost over $250 billion in the past 24 hours, dropping to a multi-week low of
$3.5 trillion.

Disclaimer
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate significantly. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information provided.

#bitcoin #bnb
$BTC

Wall Street-based Bitcoin miner Argo Blockchain (LSE: ARB, NASDAQ: ARBK) has secured a new hosting agreement with Merkle Standard LLC for its mining operations in Memphis, Tennessee, while also expanding its presence in Quebec.

New Hosting Arrangements

Under the agreement, Merkle Standard will host 5,293 S19J Pro miners at its Tennessee facility, with deployment expected in February 2025 for a minimum term of one year. Meanwhile, Argo will allocate 2,500 additional miners to its Baie-Comeau, Quebec site.

These miners, previously housed at the Helios facility, are currently being converted from immersion-based to air-cooled systems. Argo expects the refurbishment to be completed by the end of March, with shipments to both locations set for February.

This move represents about one-third of the 23,000 miners previously operated at Helios. Argo also revealed ongoing discussions with Merkle Standard regarding potential expansion of the current hosting deal.

As the miners become operational, Argo anticipates a gradual increase in its overall hashrate throughout February. The company continues to
It looks like you might be asking for a disclaimer regarding the information about Argo Blockchain. Here's a general disclaimer for this situation:
Disclaimer:
The information provided above is based on publicly available data as of the time of writing. While efforts have been made to ensure its accuracy, circumstances may have changed since then. For the latest updates and detailed information, please refer to official company announcements or reliable news sources. The content shared here does not constitute financial or investment advice.

Let me know if you need a specific disclaimer or more details on any topic!

#BTC☀ #Cardano #xrp
$SHIB
Market Overview

The cryptocurrency market is experiencing a sharp downturn, with most assets in the red. However, meme coins like Shiba Inu (SHIB) have been hit even harder, posting significant losses. SHIB has declined by 11% in the past 24 hours, plunging to a multi-month low and breaking below a crucial support level.

SHIB’s Recent Performance

Shiba Inu enjoyed substantial gains during the post-election crypto rally, surging from approximately $0.000016 to a multi-month high above $0.000033. This represented a 100% increase within a month, with its peak occurring on D
ecember
Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information provided in this article.

#bnb #Cardano #xrp
BTC Plummets to Weekly Low

Following a relatively quiet weekend in which Bitcoin hovered around $105,000, the cryptocurrency took a sharp downturn, falling to a weekly low below $100,000.

The broader crypto market also suffered, with major altcoins such as DOGE, XRP, ADA, and SOL experiencing significant losses.

Bitcoin’s 5% Drop Shakes the Market

Similar to last Monday, the start of this week has been rough for crypto investors. After holding steady at $105,000 for over 36 hours, Bitcoin nosedived during the Asian trading session, hitting a low of $99,700. This 5% decline brought Bitcoin’s market capitalization below the critical $2 trillion threshold.

Altcoins Bleed Heavily

While Bitcoin’s drop was steep, altcoins faced even harsher declines:

Ethereum (ETH) fell 7% in a day, dropping to $3,100 after recently challenging $3,400.

XRP sank below $3 for the first time in weeks.

BNB dropped to $650.

Cardano (ADA) plunged to $0.90.

Chainlink (LINK) tumbled to $23.

Other major losers included SOL, DOGE, SUI, PEPE, HBAR, SHIB, LTC, APT, and AAVE, all experiencing double-digit percentage losses.

Over $600M in Liquidations

Data from CoinGlass highlights the brutal volatility, showing that total liquidations have surpassed $600 million in the past 24 hours. Within just 12 hours, $560 million worth of positions were liquidated, affecting nearly 230,000 traders.

The most devastating single liquidation was nearly $98.46 million, occurring on HTX in the BTC/USDT trading pair.

As market turbulence continues, investors remain on edge, watching closely to see whether Bitcoin can reclaim its previous levels or if fu
rther declines are on the horizon.
Disclaimer:
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and investing in digital assets carries significant risk. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. The author and publisher are not responsible for any financial losses incurred from reliance on this content.

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$BTC
Cardano (ADA) remains under pressure as its price continues to trade below the $1.00 mark. Despite attempts to recover, ADA is facing strong resistance, making it difficult for the bulls to regain momentum.

Cardano’s Price Drops Below $1.00

After failing to sustain above the $1.050 level, Cardano entered a fresh decline, diverging from Bitcoin and Ethereum. The price fell below key support levels at $1.00 and $0.9750, signaling continued weakness in the market.

Disclaimer:
The information provided in this article is for informational and educational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The author and publisher are not responsible for any financial losses incurred based on the information provided.