The bitcoin price drop to $80,000 last week reflected a mix of macro pressure, fading regulatory momentum and thinning liquidity that has tested bitcoin’s maturity.
Crypto is stuck in a second-year post-halving slump, with ETF outflows and jittery long-term holders pushing bitcoin toward the bank’s bear-case outlook.
The deal between Upbit and Naver was reported in September, with suggestions that the former's parent Dunamu would be brought under Naver's financial arm.
Enlivex Therapeutics is raising $212 million to invest in RAIN, the token of a blockchain-based prediction market, which will become its main treasury reserve asset.
Spot bitcoin ETFs have seen persistent outflows ($3.55 billion in November), and stablecoin supply has declined, indicating capital is leaving the market, NYDIG Said.
Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.