Crypto and the wider markets tumbled on Monday as the US and Iran escalated threats toward one another for the fourth week, sending oil prices seesawing. US President Donald Trump posted to Truth Social on Sunday that the US would “hit and obliterate” Iranian power plants, “starting with the biggest one first,” if the country …
Continue reading “Crypto, stocks fall as oil chops after Iran vows response to Trump threat”
Strategy executive chair Michael Saylor has hinted that his company bought more Bitcoin despite a market tumble over the weekend that has now pushed his company’s Bitcoin bet into a 10% loss. “The Orange March Continues,” Saylor posted to X on Sunday, alongside a chart showing Strategy’s roughly $52 billion worth of Bitcoin (BTC) purchases …
Continue reading “Michael Saylor signals BTC buy as Strategy’s stack slips 10% into the red”
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …
Continue reading “XRP Ledger Signals Growth With $1M Unlock And Activity Surge”
Altcoin trading activity has continued to weaken across the crypto market, which is another sign of the current investor appetite for altcoins. New data shared by CryptoQuant analyst Darkfost shows spot trading volume on Binance and other major exchanges is now at extreme lows compared to levels seen during the crypto market’s more active phases …
Continue reading “Altcoin Trading Volumes Hit Multi-Month Lows, Market Interest Waning”
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …
Continue reading “Shiba Inu Flirts With $0.0000052 Support As Exchange Supply Swells”
After a poor performance in the first two months of the year, the XRP price appears to have steadied its movement, rousing the hopes of relief among investors. However, the latest on-chain analysis suggests that the altcoin might not have hit its true local price bottom yet. Number Of Days Spent At A Profit Still …
Continue reading “On-Chain Data Shows XRP Price Bottom Might Be Further Below — Here’s Why”
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing …
Continue reading “Gear Up! New Bitcoin Bull Market Is About To Begin — Time To Buy?”
Two New York Stock Exchange-affiliated exchanges have removed the 25,000 contract position limit on options tied to 11 crypto exchange-traded funds. NYSE Arca and NYSE American each filed three rule changes in the Federal Register on March 10 to remove contract position limits and price discovery restrictions for options linked to Bitcoin (BTC) and Ether …
Continue reading “NYSE exchanges scrap crypto options cap on 11 Bitcoin, Ether ETFs”
Banks are exploring tokenized deposits as they test ways to move commercial bank money onto blockchain-based payment and settlement infrastructure, according to a new report from real-world asset data platform RWA.io The report, which was authored by RWA.io with contributions from industry participants including UK Finance, Citi, BNY, JPMorgan’s Kinexys, Standard Chartered, ABN Amro and …
Continue reading “Banks push tokenized deposits as onchain cash race intensifies: Report”
The current Bitcoin (BTC) bear market can be explained by the four-year cycle and long-term BTC holders selling at the $100,000 psychological level, according to Anthony Scaramucci, managing partner of the SkyBridge investment firm. Bitcoin’s four-year market cycle has been “muted” by institutional investors and inflows from BTC exchange-traded funds (ETFs) that have cushioned volatility, …
Continue reading “Scaramucci says BTC’s 4-year cycle still in play, forecasts rise in Q4”
A US bank is preparing to hand out millions of dollars after a data breach exposed customers’ personal information. The Nebraska-based Union Bank and Trust Company (UBT) has agreed to shell out $2.4 million to settle a class action lawsuit accusing the lender of failing to implement or maintain adequate data security measures to protect …
Bitcoin (BTC) traded below $69,000 on Sunday as the market faced a critical weekly candle close. Key points: Bitcoin approaches its 200-week trend line after sinking throughout the weekend. BTC price action leaves traders firmly bearish on the immediate and long-term outlook. A golden cross on the daily chart may provide some relief, analysis says. …
Continue reading “Crypto liquidations near $400M after $68K Bitcoin price dip”
Fidelity Investments told the US Securities and Exchange Commission (SEC) on Friday that it should continue to develop the regulatory framework for broker-dealers to offer, custody and trade crypto assets on alternative trading systems (ATS). The letter from the US’ third-largest asset manager was in reply to a call for comments earlier this month by …
Continue reading “Fidelity urges SEC to move further on crypto activity by broker-dealers”
Bitcoin (BTC) erased much of its US-Iran war-driven gains this week, moving back in sync with the broader downtrend in risk assets, mainly US equities. Key takeaways: Bitcoin’s positive flip in S&P 500 correlation has historically preceded average declines of around 50% since 2018. BTC is exposed to a broader risk-asset sell-off due to rising …
Continue reading “Bitcoin risks 50% drop as BTC’s positive correlation with US stocks grows”
Indian crypto exchange CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal have reportedly been arrested in India following a police complaint alleging their involvement in a crypto investment fraud. The Economic Times reported Saturday that the pair were arrested by the Thane Police on allegations of criminal breach of trust, citing local officials. Other local media, …
Continue reading “Coinbase-backed CoinDCX founders questioned in fraud case: Report”
