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According to CryptoQuant, the cryptocurrency market is currently in an oversold state following a strong correction. Bitcoin holdings for less than one month saw a notable surge in March and December 2024, reaching 23% and 24.5%, respectively. This pattern was accompanied by a market correction, which drove Bitcoin’s Market Value to the Realized Value (MVRV)

Bitcoin market dominance is currently at a 4-year high of more than 62%, its highest level since March 2021, despite its 29% correction. There was a brief spike above this level on Feb. 3, but that appears to be an isolated wick, whereas recent increases have been more sustained,according to Tradingview. Moreover, BTC market share

European regulators are closely examining the role of OKX in laundering funds from a massive cyber heist on Bybit. National regulatory bodies across the European Union deliberated on the issue during a meeting led by the European Securities and Markets Authority’s (ESMA) Digital Finance Standing Committee on March 6. The focus of the inquiry is

I am proud to reintroduce landmark legislation that will codify President Trumps bold vision to establish the United States Strategic Bitcoin Reserve and strengthening our nations economic foundation for generations to come, said Senator Lummis on March 11. The Bitcoin Act, or Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act, as it is

Crypto market capitalization has tanked to its lowest point since early November with $240 billion getting wiped out over the past day. This has resulted in a 6% fall to $2.6 trillion as all post-US election gains have now been wiped out. Ethereum has taken the brunt of the fall, losing a whopping 16% over

One of the worlds largest asset managers, Franklin Templeton, is planning to launch an ETF that will track the spot price of the Ripple cross-border payment token XRP. The firm made a preliminary prospectus filing for the product with the Securities and Exchange Commission on March 11. The filing is the latest in a slew

A widespread outage hit X on Monday which affected users across the world. Many experienced connectivity problems early in the day, with error messages appearing on their screens. Downdetector tracked a peak of 40,000 complaints as the service remained unstable for several hours. A hacker group with alleged Russian ties, known as Dark Storm, has

Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed. He argues that BTCs correlation with traditional stocks is overstated, and maintains that the assets long-term trajectory remains intact. The recent dip in the price of Bitcoin, where it dropped below $80,000, has sparked debate over

Bitcoin’s (BTC) latest dump has market participants speculating whether there will be more bloodshed in the coming weeks or if the asset’s value will record a significant recovery. Market analytics firm Santiment has identified some on-chain indicators that can offer insight into bitcoin’s movement in the short term. According to Santiment, several on-chain metrics signal

Michael Saylor-led business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock, according to a filing with the US Securities and Exchange Commission (SEC). The shares, which carry a $0.001 par value, are convertible into Strategy’s class

The bullish narrative of this cycle has been put to a serious test lately as the cryptocurrency sector continues to sink. Its total market capitalization plummeted below $2.7 trillion, while Bitcoin (BTC), Ethereum (ETH), and many other leading digital assets tanked to multi-month lows. Several hours ago, the primary cryptocurrency collapsed below $77,000 for the

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. XRP price started a fresh recovery wave from the $1.90 zone. The price is now consolidating and might struggle to clear the $2.10 resistance zone. XRP price started

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. Dogecoin started a fresh decline below the $0.1850 zone against the US Dollar. DOGE tested $0.1450 and is now consolidating below the $0.1650 resistance. Dogecoin price started a

Binance released an official report detailing actions taken against a market maker involved in irregular trading activities for GoPlus Security (GPS) and MyShell (SHELL). Following an internal investigation, the crypto exchange identified misconduct by the market maker, who serviced both projects. In response, Binance has offboarded the market maker and permanently barred them from conducting