Tag: stalled
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Bitcoin Faces Renewed Uncertainty as On-Chain Demand Metrics Turn Negative Amidst Stalled Rally
Despite a recent bullish setup, Bitcoin’s price trajectory is facing renewed headwinds as key on-chain demand indicators have shifted back into negative territory, according to analyst DarkFost. The cryptocurrency, currently trading around $77,000, has stalled in its ascent below the significant $80,000 resistance level, prompting concerns about its short-term future. This development comes after a…
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Citi Slashes Bitcoin and Ethereum Price Targets Amidst Negative ETF Flows and Stalled Legislation
Citigroup has significantly reduced its 12-month price targets for Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization. This downward revision, reported by Reuters, stems from a confluence of negative developments impacting the digital asset market, most notably a reversal in the positive inflows into spot Bitcoin Exchange-Traded Funds (ETFs) and a lack of…
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Jheioff’s $1.7 Million Gate.io Crypto Theft Escalates with Six-Figure Bounty Amid Stalled Investigation and Exchange Silence
While many disputes within the volatile cryptocurrency landscape often recede from public view after an initial period of outrage, the protracted case involving Gate.io user @jheioff has defied this trend. What began as a claim of a $1.7 million theft against the exchange has escalated significantly, culminating in the recent announcement of a public, six-figure…
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