
EU regulators probe OKX`s Web3 platform for connection to the ByBit attack. Discussions focus on whether OKX`s services meet MiCA regulatory requirements. Continue Reading: Regulators Scrutinize OKX’s Web3 Platform Following ByBit Attack The post Regulators Scrutinize OKX’s Web3 Platform Following ByBit Attack appeared first on COINTURK NEWS .
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Glassnode Revealed the Real Reason for the Fall in Bitcoin, Warned Investors for This Level! "The Risk Is Not Over!"

While Bitcoin has been on a downward trend in recent weeks that has caused billions of dollars to be wiped out of the market, Glassnode has explained the real reason for the decline. In its latest analysis, on-chain cryptocurrency analytics platform Glassnode argued that the Bitcoin price is under constant selling pressure from short-term investors. He said that these investors bought BTC at its peak of $109,000, but started to panic sell after a small drop. Stating that the decline in BTC and altcoins was deepened by the panic sales of short-term investors, Glassnode said that if the sales continue, there may be a further decline. Glassnode also said that there is a large disconnect between the average purchase price of these investors and the current market value of Bitcoin. According to the data, the average purchase price of investors in October was $62,000, while that price has currently risen to $91,362. With Bitcoin trading at $81.9400, these investors are facing an unrealized loss of approximately 10.6%. Specifically, Glassnode analysts added that selling pressure due to market panic caused short-term investors’ SOPR indicator (on-chain data that measures whether holders are selling their assets at a profit or loss) to drop below 1. “A drop in SOPR below 1 is a sign that short-term investors are cutting their losses because they are unable to overcome their fears. If the sell-off continues, Bitcoin could fall to $70,000.” *This is not investment advice. Continue Reading: Glassnode Revealed the Real Reason for the Fall in Bitcoin, Warned Investors for This Level! "The Risk Is Not Over!" CoinTurk News

Potential Impact of the Bitcoin Act of 2025 on U.S. Reserves and Market Sentiment
The recent legislative push known as the BITCOIN Act of 2025 aims to establish a U.S. Strategic Bitcoin Reserve, potentially reshaping the country’s economic landscape. This initiative could not only CoinTurk News