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. Ethereum price started a recovery wave from the $4,050 zone. ETH is now back above $4,220 but it faces many hurdles near $4,400. Ethereum price extended losses after
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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,
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
Bitcoin’s brief recovery attempts from yesterday came to a halt as the asset dropped below $113,000 for the first time since August 3. Most altcoins are also in the red on a daily scale, with ETH struggling to remain above $4,200 and XRP dropping below a crucial technical support level. The current business week was
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
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
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
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
Rapper Kanye West, now legally known as Ye, has officially stepped into crypto.On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market cap within hours of its debut before rapidly shedding value. The launch, billed by Ye himself as the start of a new economy, built on
Bitcoin (BTC) is currently in a consolidation phase, and its investors have been reacting differently to the lack of positive momentum. The market research platform Glassnode has analyzed the reaction of several cohorts using the Bitcoin Supply by Investor Behaviour metric. According to a tweet thread, the metric offers insight into the behaviour of market
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
A prominent Ethereum (ETH) evangelist is interpreting the cryptocurrencys recent sharp decline as a beneficial pause rather than a bearish reversal. Tom Lee of Fundstrat sees the drop toward $4,150 not as a reason for alarm, but as a healthy development that could set the stage for a run toward $5,100. Lee shared analysis from
Bitcoins latest pullback has been met with a wave of accumulation from large holders, leading to speculation that the market may be setting up for another rally. According to market intelligence platform Santiment, since August 13, wallets holding between 10 and 10,000 BTC have added more than 20,000 BTC, possibly indicating that deep-pocketed investors view
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
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
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%
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)
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
After a larger period of consolidation, Ripples XRP may be gearing up for a breakout against Ethereum (ETH), according to a leading analyst. He says that market structure and trading patterns show XRP’s prolonged consolidation period could soon yield to a powerful upward move, coinciding with a potential pause in ETH’s recent uptick. Market strategist
Crypto markets have corrected by 7.3% with $340 billion leaving the space since their all-time high on August 14. Bitcoin has led the losses, retreating 7.5% from its peak price, while Ethereum has lost 10% from its 2025 high, having failed to notch a new peak. Remarkable how every time you get a correction from
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