A long-term technical trend indicator for Bitcoin has turned bearish, leading at least one analyst to believe that the bull market may be over.
“From a technical standpoint, the bull market is over,” crypto analyst “Crypto₿irb” told his 700,000 X followers on Thursday.
Bitcoin
BTC
$91,345
exhibits a “persistent trend shift, confirmed by price percentage traveled, volume spikes, above-average volatility, time spent below the 200-day trend, and worsened breadth,” he said as he predicted 2026 to be a year of declines.
The analysis highlighted a downturn in the 200-day trend, a visual tool analysts use to connect specific points and gauge trend strength or breakouts.
Additionally, the 200-day moving average, a different indicator that shows the mathematical average price of BTC over the past 200 days, turned downward in mid-November when a “death cross” occurred as it dipped below the shorter-term 50-day moving average.
“From a technical standpoint, the bull market is over,” crypto analyst “Crypto₿irb” told his 700,000 X followers on Thursday.
Bitcoin
BTC
$91,345
exhibits a “persistent trend shift, confirmed by price percentage traveled, volume spikes, above-average volatility, time spent below the 200-day trend, and worsened breadth,” he said as he predicted 2026 to be a year of declines.
The analysis highlighted a downturn in the 200-day trend, a visual tool analysts use to connect specific points and gauge trend strength or breakouts.
Additionally, the 200-day moving average, a different indicator that shows the mathematical average price of BTC over the past 200 days, turned downward in mid-November when a “death cross” occurred as it dipped below the shorter-term 50-day moving average.
Bitcoin is now approaching major supply clusters that must be cleared to regain strong bullish momentum. Analysts say the next critical zones sit at $93k–$96k and $100k–$108k, areas where many recent buyers are likely to take profit or reduce exposure. Breaking above these levels is essential for Bitcoin to continue its upward trend and make a clean move toward a new all-time high. For now, traders are watching how BTC reacts as it tests these heavy resistance bands.
The blockchain ecosystem is home to several highly successful smart contract protocols, which makes the arrival of newcomers highly competitive.
Canton Network is one of the newest ‘next generation layer one’ to vie for users and capital from incumbents like Ethereum and Solana. Alongside SUI and Aptos, Canton’s rise challenges the assumption that we have too many blockchains.
Speaking exclusively to Cointelegraph’s Chain Reaction daily show, Yuval Rooz, co-founder of Digital Asset, recounted the backstory behind the Canton Network, which opted out of an initial coin offering (ICO) during its decade-long development journey to where it is today.
“Our thesis was focused on serving large-scale institutions. We’ve been very patient. We refused to do an ICO. We refuse to do a token pre-mine. We’ve really thought about the tokenomics,” Rooz told Cointelegraph.
Canton Network is one of the newest ‘next generation layer one’ to vie for users and capital from incumbents like Ethereum and Solana. Alongside SUI and Aptos, Canton’s rise challenges the assumption that we have too many blockchains.
Speaking exclusively to Cointelegraph’s Chain Reaction daily show, Yuval Rooz, co-founder of Digital Asset, recounted the backstory behind the Canton Network, which opted out of an initial coin offering (ICO) during its decade-long development journey to where it is today.
“Our thesis was focused on serving large-scale institutions. We’ve been very patient. We refused to do an ICO. We refuse to do a token pre-mine. We’ve really thought about the tokenomics,” Rooz told Cointelegraph.
Schwartz was part of a discussion on X space "Programmability on XRPL," alongside RippleX software engineer Mayukha Vadari, Bias Goose, Dan Fisher and others. Vet summarized insights offered by the Ripple CTO in four points. Weeks back, XRP reached a major smart contract milestone with the launch of the XRP Ledger Smart Contracts feature on AlphaNet, a dedicated development network.
Vet explained Schwartz's rationale for limited smart contracts on the XRPL. According to the Ripple CTO, the XRP Ledger might not need full general purpose smart contracts, adding that it might need just a little bit of programmability via smart contracts: "We don't need to be the best SC platform, just a little bit programmability via SC."
Vet explained Schwartz's rationale for limited smart contracts on the XRPL. According to the Ripple CTO, the XRP Ledger might not need full general purpose smart contracts, adding that it might need just a little bit of programmability via smart contracts: "We don't need to be the best SC platform, just a little bit programmability via SC."
Ripple has secured approval from Singapore’s Monetary Authority (MAS) to expand its payment activities under its Major Payment Institution (MPI) license. This allows Ripple to offer fully licensed, end-to-end payment services across Singapore, one of the world’s leading fintech hubs. The move marks another step in Ripple’s global expansion strategy, strengthening the XRP ecosystem and enabling broader adoption of its payment solutions. Analysts see this as a major boost for Ripple’s presence in Asia and its continued fintech growth.
MetaMask introduced Transaction Shield, a premium opt-in security upgrade that adds transaction loss protection and 24/7 priority support to its wallet.
The service extends MetaMask’s security stack by covering losses up to $10,000 per month for transactions the platform deems safe through automated contract checks and simulations.
The subscription costs $9.99 per month or $99 annually, with a 14 day free trial and a $20 discount for annual plans. Coverage is currently available on MetaMask Extension, with mobile support coming later.
Transaction Shield applies to approved actions on networks such as Ethereum, Linea, Arbitrum, Avalanche, Optimism, Base, Polygon, BSC, and Sei. Supported interactions include DeFi swaps, lending activity, NFT mints and sales on trusted marketplaces, and verified airdrop claims.
The service extends MetaMask’s security stack by covering losses up to $10,000 per month for transactions the platform deems safe through automated contract checks and simulations.
The subscription costs $9.99 per month or $99 annually, with a 14 day free trial and a $20 discount for annual plans. Coverage is currently available on MetaMask Extension, with mobile support coming later.
Transaction Shield applies to approved actions on networks such as Ethereum, Linea, Arbitrum, Avalanche, Optimism, Base, Polygon, BSC, and Sei. Supported interactions include DeFi swaps, lending activity, NFT mints and sales on trusted marketplaces, and verified airdrop claims.
Bitcoin continues to move inside a tight consolidation range, but the overall structure still supports the idea of one more move to the upside. The price is holding above a support in the low $90,000 region, and there are no signs of a bearish breakdown. Analysts say BTC still has room to push toward the $96,700 to $96,850 area, which aligns with the next technical extension.
The sideways movement seen over the past few days is normal for this stage of the pattern. Until Bitcoin breaks below support or shows a clear five-wave decline, the outlook for one more high remains intact.
The sideways movement seen over the past few days is normal for this stage of the pattern. Until Bitcoin breaks below support or shows a clear five-wave decline, the outlook for one more high remains intact.
Tether has launched a new platform that aggregates data from multiple wearables and wellness apps into a single, locally processed dashboard, aiming to give users control over their biometric information.
The platform, called QVAC Health, aggregates data from fitness trackers, nutrition apps and other wearables into an encrypted dashboard that works offline, using on-device AI and peer-to-peer model downloads to analyze activity, meals, symptoms and medication logs without relying on external servers.
The app includes experimental computer-vision tools that can estimate calories and macronutrients from meal photos and can correlate those logs with data from multiple wearables to identify patterns in activity, recovery or sleep, all processed locally on the user’s device, according to a Wednesday announcement.
The platform, called QVAC Health, aggregates data from fitness trackers, nutrition apps and other wearables into an encrypted dashboard that works offline, using on-device AI and peer-to-peer model downloads to analyze activity, meals, symptoms and medication logs without relying on external servers.
The app includes experimental computer-vision tools that can estimate calories and macronutrients from meal photos and can correlate those logs with data from multiple wearables to identify patterns in activity, recovery or sleep, all processed locally on the user’s device, according to a Wednesday announcement.
Bitcoin miners, which can acquire the cryptocurrency at below-market costs, could be in the best position to shape corporate adoption as accumulation by crypto treasury companies slows, says BitcoinTreasuries.NET.
Bitcoin BTC$92,133 treasury companies are projected to buy 40,000 BTC in the fourth quarter, the lowest since Q3 2024, BitcoinTreasuries.NET President Pete Rizzo said in a corporate adoption report released on Thursday.
Despite the slowdown, Rizzo said Bitcoin mining companies continue to “anchor public‑market Bitcoin holdings” and accounted for 5% of new additions and 12% of aggregate public company balances in November.
Bitcoin BTC$92,133 treasury companies are projected to buy 40,000 BTC in the fourth quarter, the lowest since Q3 2024, BitcoinTreasuries.NET President Pete Rizzo said in a corporate adoption report released on Thursday.
Despite the slowdown, Rizzo said Bitcoin mining companies continue to “anchor public‑market Bitcoin holdings” and accounted for 5% of new additions and 12% of aggregate public company balances in November.
Just one Bitcoin treasury company managed to outperform the bellwether S&P 500 — which returned investors 16% — in 2025, according to a new report from BitcoinTreasuries.net.
The Blockchain Group, a France-based treasury company, has soared roughly 164% since January 1.
Every other major treasury has underperformed — Strategy is down 12%, Metaplanet has lost nearly one-third of its stock price, and Nakamoto, the self-proclaimed treasury company for treasury companies that raised over $600 million to buy Bitcoin, has bled out over 98%.
The Blockchain Group, a France-based treasury company, has soared roughly 164% since January 1.
Every other major treasury has underperformed — Strategy is down 12%, Metaplanet has lost nearly one-third of its stock price, and Nakamoto, the self-proclaimed treasury company for treasury companies that raised over $600 million to buy Bitcoin, has bled out over 98%.
Bitcoin has historically moved in a four-year cycle, with three significant “up” years followed by a sharp pullback year. According to this cycle, 2026 should be a pullback year.
We don’t see that happening.
In our view, the forces that previously drove four-year cycles—the bitcoin halving, interest rate cycles, and crypto’s leverage-fueled booms and busts—are significantly weaker than they’ve been in past cycles.
We don’t see that happening.
In our view, the forces that previously drove four-year cycles—the bitcoin halving, interest rate cycles, and crypto’s leverage-fueled booms and busts—are significantly weaker than they’ve been in past cycles.
The euro-denominated stablecoin market is experiencing rapid growth against the trend, with its total market capitalization recently surpassing $400 million, representing a growth rate of over 170% since the beginning of the year. This growth is primarily driven by regulatory impetus from the EU's Crypto Asset Markets Act (MiCA) and the demand for market diversification.
Two House members seeks to overhaul key aspects of crypto taxation by introducing a safe harbor for small stablecoin transactions and offering a compromise approach to taxing rewards from blockchain validation activities.The framework, developed by Representatives Max Miller and Steven Horsford, proposes exempting regulated, dollar-pegged stablecoin transactions below $200 from capital gains taxes, while leaving other crypto trades subject to existing rules.
After a new governance alignment proposal was moved to a Snapshot vote, the Aave DAO is once again experiencing tension. The shift provoked resistance from major players in the ecosystem and coincided with a drastic drop in the price of its native token.The price of AAVE dropped due to a rushed governance vote which is currently dividing the DAO.
Bitget has doubled its Bitcoin reserves over the past year, now holding 34,055 BTC worth around $3 billion as of December 2025. The 114% year-over-year increase underscores the exchange’s push to fortify its balance sheet amid rising institutional interest.From 28,022 BTC in August, Bitget grew its holdings to 30,300 BTC by October, and added another 4,000 BTC by December, marking a steep rise in accumulation momentum.