Analysts discuss the cartoon-themed price action as prices for major cryptocurrencies wilt.
- Bitcoin, XRP and other cryptocurrencies are showing signs of a potential “Bart Simpson” pattern, in which a sharp rally and sideways trading are followed by a steep reversal.
- Bitcoin surged from about $64,420 on Aug. 19 to nearly $80,700 on Aug. 25 before retreating to around $76,500, though some analysts doubt the pattern will be complete unless the price falls at least 20%.
- Analysts warned that Bitcoin could slide toward $70,000 or even $58,000 if selling intensifies, while XRP could fall as low as $0.46 in the more bearish scenario.
- 1 The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking 34 minutes ago
- 2 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 21 hours ago
- 3 Crypto job postings triple to over 1,200 in September, but applications fall 21 hours ago
- 4 Cathie Wood says smart investors need to start watching where AI agents spend money 22 hours ago
- 5 Crypto's Sisyphean struggle 1 day ago
- 6 BlackRock offers a glimpse of how tokenization may change your investment portfolio 1 day ago
- 7 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
- 8 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
- 9 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
- 10 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
Original sourceCoinDesk
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