El Salvador has increased its Bitcoin holdings, purchasing 6 BTC on March 10 instead of its usual 1 BTC per day. This is occurring against a backdrop of increased pressure from the International Monetary Fund (IMF) to stop its BTC accumulation strategy. The National Bitcoin Office announced the development on March 10 via X, revealing
Ethereum (ETH) continues to struggle as its price remains in a steep decline amidst a broader market drawdown. The leading altcoin has dropped by more than 48% from its mid-December 2024 high above $4,000 to a current value of $2,068. While prices trend downward, significant accumulation by whales points to a contrasting sentiment building in
For the third week in a row, digital asset investment products have seen investors pull out funds. This past week alone marked a historic $2.9 billion in outflows which pushed the cumulative figure to $3.8 billion over three weeks. CoinShares stated that this reversal is likely influenced by the recent security incident at Bybit, hawkish
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. Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses and might struggle to recover above the $145 resistance. Solana price struggled to
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 started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity. The cryptocurrency
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 is hovering around $2.52 on the daily chart, maintaining a delicate balance between bullish momentum and the potential for a major reversal pattern. Renowned crypto analyst Josh
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. According to a key on-chain indicator, Ethereum (ETH) may be undervalued at its current market price. The last time ETH was this undervalued was in October 2023, after
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. As Bitcoin (BTC) attempts to reclaim the $90,000 mark, some market watchers have warned investors about Fridays potential market volatility. Various analysts suggest that the flagships crypto performance
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. On-chain data shows the exchanges have witnessed net Bitcoin outflows through the latest volatility, a sign that could be positive for BTC’s price. According to data from 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 is hovering around $2.52 on the daily chart, maintaining a delicate balance between bullish momentum and the potential for a major reversal pattern. Renowned crypto analyst Josh
BioNexus Gene Lab (BGLC) has adopted an Ethereum-focused treasury strategy, thus becoming the first Nasdaq-listed company to prioritize ETH. The exact percentage for its Ethereum allocation has not been divulged by the company but the move follows the leading altcoin’s inclusion in the US “Crypto Strategic Reserve.” BGLC has released its Ethereum Strategy Whitepaper, which
March has been a rollercoaster for Bitcoin, yet the network’s growth remains strong as the blockchain has seen a notable rise in the number of smaller wallets. During the same period, large holders have exhibited signs of strategic movements. Bitcoin has finally rebounded above $90,000 amid heightened volatility in March. The network has seen significant
Michael Saylor, founder of Strategy (formerly MicroStrategy), has said that a Bitcoin strategic reserve will position the United States as a leader in cyberspace. In an interview with Fox News Channel, Saylor argued that Bitcoin is a secure means of savings for individuals, companies, and governments. Saylor, whose company owns nearly 2.4% of the total
According to VanEcks February crypto report, Solanas decentralized exchange (DEX) volumes have shown resilience despite declining meme coin trading. The report shows that Solanas trading activity briefly surpassed that of the Ethereum ecosystem, including its Layer 1 (L1) and Layer 2 (L2) networks. VanEcks analysts revealed that the price of Solana (SOL) increased by 191%
Around 29,000 Bitcoin options contracts will expire on Friday, March. 7, and they have a notional value of roughly $2.5 billion. This weeks event is much smaller than last weeks end-of-month expiry, but a mammoth end-of-quarter contract expiry is due on March 28. The impact on spot markets is likely to be minimal as all
Ethereum price started a recovery wave from the $2,000 support zone. ETH is now rising and might aim for a move above the $2,350 resistance zone. Ethereum price started a fresh decline below the $2,350 zone, like Bitcoin. ETH gained bearish momentum below the $2,220 and $2,250 support levels. A low was formed at $2,003
XRP price started a fresh recovery wave from the $2.20 zone. The price is now rising and might clear the $2.550 resistance zone. XRP price started a fresh decline below the $2.80 zone, like Bitcoin and Ethereum. The price dipped below the $2.60 and $2.50 levels. The bears were able to push the price below
Ethereums price has mirrored Bitcoins recent market movements. ETH experienced a rollercoaster performance earlier this week before rebounding with a 10% increase in the past 24 hours. This recovery follows a broader market correction that initially led to fear among investors. While Ethereum’s performance remains closely linked to Bitcoins price action, recent on-chain data suggests
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
Ethereum (ETH), the second-largest cryptocurrency by market cap, is flashing multiple bullish signals that suggest a potential upside move. However, rising exchange reserves are tempering this optimism. Ethereum has dropped nearly 20% over the past two weeks, falling from approximately $2,805 on February 23 to just above $2,200 at the time of writing. This decline
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