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Bitcoin Price News: Sell-Off Likely 'Complete', Year-End Rally in Play

Bitcoin's recent sell-off is potentially nearing its end, according to Geoffrey Kendrick of Standard Chartered. He identifies this pullback as the third major 30% correction following the introduction of spot bitcoin ETFs in the U.S. Bitcoin fell below $90,000, marking a significant decline from its all-time high of over $126,000 in October. This pullback has raised concerns about a potential bear market phase emerging. Kendrick argues that key market indicators, including the modified net asset value of MicroStrategy, indicate seller exhaustion, suggesting that the market may be ready for a rally. He believes a rebound into year-end is likely, supported by signs of a market bottom forming and a slowdown in realized losses for short-term holders. The BTC price has already seen a bounce back to just below $93,000, demonstrating positive movement in the market.

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Bitcoin recovery expected as liquidity conditions change, but US macro remains a threat

Bitcoin's recent downturn is attributed to broader economic stresses, yet improved liquidity and a favorable outlook for 2026 could lead to a potential recovery. With the upcoming US Federal Reserve decision on interest rates looming, market sentiment is divided between a possible rate cut and maintaining the current

Kraken Scores $800M Raise Backed by $200M Citadel Investment

Kraken, a prominent crypto exchange, has raised $800 million in funding, including $200 million from Citadel Securities, aiming to bridge traditional financial markets with blockchain infrastructure. This funding round values Kraken at $20 billion and marks a significant shift in the relationship between cryptocurrency firms and traditional finance. The capital

Kraken Scores $800M Raise Backed by $200M Citadel Investment

Kraken has raised $800 million in new funding, which includes a $200 million investment from Citadel Securities. This funding values the crypto exchange at $20 billion and aims to enhance Kraken's capacity to integrate traditional financial markets with blockchain technology. The recent capital injection comes as Kraken pursues

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