Bitcoin

Bitcoin, the world’s largest cryptocurrency, has faced both progress and setbacks over the past year. These fluctuations have also been reflected in digital asset investment products. However, recent data from Coinshares indicates that despite overall outflows from digital investment products, Bitcoin has managed to show resilience by recording a weekly inflow of $3.8 million. Despite

Following the FTX crash back in November 2022, a significant amount of crypto remained in the exchange’s wallets due to the ongoing legal battle between the exchange and its creditors. These idle tokens, worth over $3.5 billion, have now caught the attention of crypto enthusiasts as recent activities indicate that a large chunk of them

The once vibrant crypto market has recently lost its glitter, with bitcoin futures trading volume dwindling and the flagship cryptocurrency struggling to stay afloat. Data from Glassnode reveals that bitcoin futures open interest, which indicates the excitement surrounding upcoming contracts, has plummeted to a 5-month low of $11.3 billion. This downward trend suggests that traders

Bitcoin has always been subject to speculation and analysis, with experts constantly trying to predict its future performance. Renowned cryptocurrency analyst Benjamin Cowen recently shared his data-driven insights on Bitcoin’s historical performance in September and its potential trajectory for the current year. While Cowen acknowledges that September has traditionally been a challenging month for BTC,

The recent Bitcoin rally has captured the attention of investors and enthusiasts alike. However, a closer look at the trend in the total supply of stablecoins suggests that this surge may not be sustained. This article analyzes the relationship between stablecoin supply and Bitcoin price, raising questions about the long-term viability of the current rally.

Ripple’s XRP token price is currently facing bearish signs as it struggles to recover above $0.540 and $0.550 against the US dollar. Despite starting a recovery wave after a sharp decline, the price is now trading below $0.550 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with

Bitcoin has recently approached the short-term holders’ realized price, indicating a potential resistance level at $28,100. The realized price is a metric that represents the average investor’s cost basis in the Bitcoin market. When the spot price falls below this indicator, most holders incur losses, while a break above this level signifies a profitable state

The Ripple community is currently abuzz with anticipation as the company’s founder and CEO announced plans to host a celebratory party in honor of the cryptocurrency’s triumph against the United States Securities and Exchange Commission (SEC). This declaration by Ripple, a leading global payments network, marks a significant milestone in the cryptocurrency industry, not only

Binance, one of the leading cryptocurrency exchanges, recently dropped a bombshell by announcing the suspension of 39 liquidity mining pools. This decision comes after a comprehensive assessment of the platform’s liquidity mining performance. Although Binance claims that this move aims to concentrate liquidity for users and optimize their trading experience, it has generated significant controversy

Cryptocurrencies are constantly evolving, and one coin that has recently gained significant attention is Toncoin (TON). Within the past week, Toncoin has experienced an impressive price surge of over 8%, reigniting interest in the cryptocurrency market. This surge has prompted many to inquire about the potential for sustained growth in the future. At present, Toncoin

Shibarium, the layer 2 blockchain, has recently relaunched after a temporary shutdown, and it has brought about positive changes for the BONE token. The token has experienced a massive price increase of approximately 17% within the last 24 hours following Shibarium’s official relaunch on Thursday, August 24. Not only has the price surged, but the

Back in July, Judge Analisa Torres made a significant ruling, declaring that XRP programmatic sales do not qualify as securities. This ruling initially caused a rally in the XRP token price. However, as the excitement surrounding the ruling has worn off and the United States Securities and Exchange Commission (SEC) has begun to fight back,

The crypto market has witnessed significant gains in AI-based cryptocurrencies, surpassing other assets in terms of performance. Chipmaker Nvidia, known for its investments in the AI sector, has reached an all-time high in its stock price, leading to the positive movement of these crypto tokens. The recent data from Coingecko reveals double-digit gains for Render

The crypto space is on the verge of another potentially historic moment with the first Ethereum Futures ETF in the US. Volatility Shares, a pioneer in the ETF space, has announced its intention to launch the Ether Strategy ETF (Ticker: ETHU) on October 12, 2023. If all goes as planned, this could mark the first

In the ever-volatile world of cryptocurrencies, Bitcoin’s recent low volatility has caught the attention of experts and analysts alike. Founder of Capriole, Charles Edwards, presents a compelling analysis that draws parallels between the current state of Bitcoin and its behavior back in 2016. With Bitcoin’s price hovering around $29,000, traders and investors are eagerly watching

Bitcoin mining has experienced significant growth in recent times, with the blockchain network achieving a new all-time high in hash rate during the second quarter of 2023. As a result, Riot Blockchain, one of the leading publicly traded Bitcoin mining companies in the United States, has observed a surge in its operations in the same

The blockchain community has been captivated by the potential of Toncoin (TON), a digital currency that offers innovative solutions to longstanding issues in decentralized finance. With its rapid rise in popularity, Toncoin has garnered significant attention and enthusiasm. At the time of writing, Toncoin is trading at $1.46, showcasing a remarkable 10.4% increase in the

The GMX token, which powers GMX, a decentralized perpetual exchange for trading complex crypto derivatives, is currently experiencing intense selling pressure. This article delves into the recent downturn, examines the impact of whales selling GMX, and analyzes the implications for the GMX and DeFi communities. The Downturn and Whales Selling GMX As of August 11,

Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing a correction in its price after failing to break through the $1,880 resistance zone. The digital asset is now trading below $1,850 and the 100-hourly Simple Moving Average, indicating a bearish sentiment in the market. Formation of Bullish Flag Pattern A bullish flag pattern is forming

Following Ripple’s recent legal victory against the United States Securities and Exchange Commission (SEC), there has been a surge in activity on the XRP Ledger. This increased activity has resulted in XRP surpassing Ethereum as the blockchain with the highest number of daily transactions. While the initial excitement from Judge Analisa Torres’s ruling has subsided,

ARK Invest CEO Cathie Wood has recently made a bold prediction regarding the United States Securities and Exchange Commission (SEC) potentially approving multiple Spot Bitcoin exchange-traded funds (ETFs) simultaneously. This departure from the conventional sequential approval process has sparked speculation and could revolutionize the regulatory landscape. A Game-Changing Approach While previous practices have seen the

The world of cryptocurrency continues to evolve at a rapid pace, and investors are constantly seeking new opportunities to diversify their portfolios. Valkyrie, a leading investment firm, has recently applied to the US Securities and Exchange Commission (SEC) to include Ethereum (ETH) futures contracts in its Valkyrie Bitcoin Strategy ETF (BTF). This bold move sets

In a bold move to solidify its position within traditional financial systems, Ripple has joined the prestigious International Swaps and Derivatives Association (ISDA). This membership places Ripple alongside industry giants like J.P. Morgan and Goldman Sachs, and marks a significant step forward in the company’s ambitions and potential growth. Joining the ISDA, an association that

In the world of cryptocurrencies, Shiba Inu has been making waves with its recent surge in value. Far from being just another meme coin seeking attention, Shiba Inu has proven its ability to come out stronger, even in a bear market. With a solid 15% increase over the weekend, Shiba Inu is capturing the interest

In recent days, massive XRP whale wallets have been making waves in the cryptocurrency market. These large holders of XRP have dumped over 100 million tokens, creating significant selling pressure and affecting the price of XRP. This article explores the implications of whale activity and how it influences market sentiment and price movements. Whale Selling

XRP, the cryptocurrency associated with Ripple Labs, saw a surge in price following a recent legal victory against the US Securities and Exchange Commission (SEC). However, this upward momentum has slowed down in recent weeks as XRP encounters resistance and begins a downward trajectory. As per the latest data from CoinGecko, XRP’s value stands at

In a discussion with Bloomberg, MicroStrategy co-founder and former CEO, Michael Saylor, shared his perspective on the potential approval of spot Bitcoin ETFs and its impact on the company’s Bitcoin strategy. Saylor firmly stated that even if the U.S. Securities and Exchange Commission (SEC) were to approve spot Bitcoin ETF applications, it would not affect