An analyst warns Bitcoin could revisit ~$38k if past 70% drawdown patterns repeat, while others argue deeper institutional flows may cap the correction nearer 55%–60%. Summary Analyst “Sherlock” maps past drawdowns of 93%, 86%, 84%, and 77% to project a roughly 70% drop this cycle, implying a Bitcoin bottom near $38,000.​ Critics on X counter

Cardano founder Charles Hoskinson sought to steady market sentiment during a sharp crypto sell-off, arguing that short-term price pain does not undermine the long-term case for blockchain-based financial systems. Summary Cardano founder Charles Hoskinson warned that crypto markets could face further losses, telling viewers, “It’ll get worse. It’ll get redder,” as digital assets extended a

South Korean crypto exchange Bithumb was thrust into the spotlight on Friday after claims surfaced on social media that an internal error led to the accidental distribution of 2,000 Bitcoin to users, triggering a sharp price dislocation on the platform. Summary Bitcoin on Bithumb briefly traded more than 10% below other major exchanges following reports

Ethereum price could be preparing a strong rebound after forming a giant hammer candle and confirming the inverted head-and-shoulders chart pattern as the staking queue jumps to a record high. Summary Ethereum price dropped for three consecutive weeks. The staking queue has jumped to a record high. ETH has formed an inverted head-and-shoulders pattern. Ethereum

Pi Network price continued its strong downward trend this week and is nearing its lowest level on record as traders anticipated a big token unlock this week. Summary Pi Network price continued its strong downward trend last week. The network will unlock 82 million tokens in the next seven days. A potential catalyst for the