Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. In a December 23 post on X, Sankin noted a trend where smaller market-cap
U.S. President-elect Donald Trump has appointed former college football player Bo Hines to the new crypto council. Announced Sunday, Hines will be onboard as the executive director of the Presidential Council of Advisers for Digital Assets. The 29-year-old acknowledged the appointment in a December 23 post on X, writing: Thank you, Mr. President! It will
After a 9.8% drop in Bitcoin’s value over the past week, investors are showing signs of caution, worried about the potential for further declines. Despite this, Japan-based Metaplanet has reaffirmed its confidence by buying nearly 620 BTC. Interestingly, the latest acquisition marks its largest Bitcoin purchase to date. According to the company’s official press release,
Institutional investors now account for 31% of all known Bitcoin (BTC) holders, reflecting a sharp increase from 14% in 2023. The uptick has been largely driven by spot Bitcoin exchange-traded funds (ETFs), government acquisitions, and MicroStrategys ramping up of its BTC strategy, which has seen its stash grow to over 440,000 BTC. According to statistics
Institutional investors are getting cold feet as the crypto market correction deepens with spot Bitcoin ETFs in the US reversing a fifteen consecutive trading day trend of inflows. For the past three trading days, the eleven spot Bitcoin ETFs have shed $1.17 billion as the asset fell more than 14% from its all-time high a
On Dec. 23, Chainlink announced a novel oracle solution designed to enable DeFi applications to recapture non-toxic Maximal Extractable Value (MEV) called Smart Value Recapture (SVR). Currently, when DeFi protocols use price oracles, such as during liquidations, value is captured by third parties, including searchers and validators. None of this value returns to the protocols
One of the most famous sayings on Wall Street is that a bull market tends to stay in motion unless an external force acts upon it. Bitcoin [BTC] has historically lived up to the adage modeled along Sir Isaac Newtons third law of motion and could do so again, rising as high as $56,000 by
Solanas SOL has rallied over 50% in two weeks, with Nasdaq-listed digital assets exchange Coinbase (COIN) proving to be a significant source of bullish pressures for the cryptocurrency, according to data tracked by Paris-based Kaiko. Since Oct. 25, SOLs cumulative volume delta (CVD) has increased by nearly $1 million on Coinbase, indicating net capital inflows.
Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone. Bitcoin price failed to start another increase and extended losses below the $100,000 zone. BTC gained bearish momentum below the $98,000 and $96,500 levels. The price even spiked below
Ethereum price extended losses and dropped below the $3,550 zone. ETH is showing bearish signs and might decline further below the $3,150 level. Ethereum price struggled to start a fresh increase above the $3,550 level and extended losses like Bitcoin. ETH gained bearish momentum below the $3,450 level and traded below $3,300. It even dived
XRP price started a fresh decline from the $2.38 zone. The price is consolidating and might struggle to start a fresh increase above the $2.30 resistance zone. XRP price started a fresh increase from the $2.00 support level, unlike Bitcoin and Ethereum. However, the bears were active near the $2.38 and $2.40 levels. A high
BNB price is consolidating above the $620 support zone. The price is consolidating and might aim for a fresh increase above the $675 resistance. After a downside correction, BNB price found support at $620. It is now recovering losses like Ethereum and Bitcoin. There was a move above the $675 level before the bears appeared
The XRP price has continued its steep correction into the past 24 hours, with it currently hovering around the $2.2 price level. Nonetheless, analysts are still concerned about the possibility of the XRP price reaching new highs sooner than later, with some giving projections into the two-digit threshold at $10 and beyond . Interestingly, crypto
In his latest video published on December 21, crypto analyst Rekt Capital tried to answer the question Whats The Worst Case Scenario For Bitcoin Right Now?. After reaching a new all-time high at $108,374 on December 17, the BTC price is down more than -11%. Rekt Capital put the Bitcoin price pullback in a historical
Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the companys total reserves to over 10,096 BTC, valued at more than $1 billion at current market prices. The Miami-headquartered cryptocurrency mining firm continues to increase its Bitcoin reserves, undeterred
XRP price remained stable above the $2.20 support zone. The price is consolidating and might aim for a fresh increase above the $2.40 resistance. XRP price remained well-bid above the $2.20 support level, unlike Bitcoin and Ethereum. A low was formed at $2.17 and the price traded in a range below the $2.40 level. There
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