admin

Bitcoin’s trajectory sits at a delicate balance as the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) hovers near the neutral 1.0 mark, as prices traded around $113,600 in August. In previous instances, this indicator has offered a reliable context for market turning points. According to CryptoQuant’s latest analysis, SOPR remained under 1 in early 2023,
0 Comments
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has retreated from last weeks record high above $124,000, slipping by over 8% in recent days. At the time of writing, the cryptocurrency trades around $113,867, reflecting
0 Comments
Bitcoin (BTC) sentiment on social media turned sharply negative on August 19 after the top cryptocurrency slipped below $113,000. However, analysts now suggest that the crowds sudden bearish tilt could create a potential setup that historically favors contrarian investors. According to data analytics platform Santiment, the mood across crypto communities on social platforms has turned
0 Comments
In a pioneering press release announcement, TRM Labs, the blockchain intelligence firm that assists businesses and law enforcement in combating crimes involving cryptocurrency, has unveiled Beacon Network, the first dedicated response network to real-time crypto fraud. It’s designed toprevent illicit assets fromleavingthe blockchain and was developed in collaboration with law enforcement, stablecoin issuers, exchanges, and
0 Comments
Ethereum rally this month has given traders strong opportunities, by helping them boost portfolio values and unlock profitable exits. The subsequent downtrend, however, has proven equally damaging. A trader once celebrated for turning a modest $125,000 deposit into tens of millions of dollars through aggressive Ethereum longs has seen their fortunes unravel dramatically. Just three
0 Comments
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, the payment system is experiencing what I have called a technology-driven revolution. He added that this includes instant payments, digital wallets, mobile payment apps, stablecoins, and other digital assets, and AI. He specifically cited stablecoins, or fiat-pegged crypto assets, as the
0 Comments
Donald Trumps crypto wallet and branding empire earned tens of millions of dollars last year, with World Liberty Financial netting the U.S. President $57.4 million, according to a newly released federal financial disclosure. The document, published by the Office of Government Ethics, shows Trumps personal crypto holdings are estimated to be between $1 million and
0 Comments
In a press release shared withCryptoPotato,Tether, the company behind the largest stablecoin per market capitalization, announced that it has designated the former Executive Director of the White House Crypto Council under President Donald Trump as its new advisor. Bo Hines, who will be spearheading the firm’s Digital Assets and the United States (U.S.) Strategy will
0 Comments
Around $120 billion has exited crypto markets over the past 24 hours, dropping total capitalization to a two-week low of $3.86 trillion during early trading in Asia on Wednesday. Bitcoin fell below $113,000 to its lowest level for 17 days while Ethereum dipped below $4,100, eroding all of last weeks gains. The market sell-off is
0 Comments
The blockchain focused on user privacy saw one of its mining pools take over the network’s hash rate. No damage has been reported yet, but history suggests that extensive losses could occur once the harm has been done. The cryptocurrency exchange Kraken has temporarily stopped Monero deposits to the platform due to the ongoing 51%
0 Comments
Last week, digital asset investment vehicles recorded $3.75 billion in inflows, their fourth-highest figure historically, in what appears to be a recovery from the subdued momentum of previous weeks. Interestingly, the surge was almost entirely tied to iShares and one particular product under its umbrella. With market prices pushing higher, total assets under management (AuM)
0 Comments
Thailand will launch a new scheme on Monday, August 18, to allow foreign visitors to convert cryptocurrency into Thai Baht for payments within the country. The initiative called TouristDigiPay is a direct response to a significant slowdown in tourism, primarily due to a decline in tourists from China, on which the country relies heavily, according
0 Comments