Advertisement     Cardano is showing alarm signals following a key technical breakdown, with analyst GainMuse warning that ADA could be heading into a classic trapdoor setup. Source: GainMuse Notably, Cardano has shattered its rising base and broken trendline support, triggering sharp downside momentum into a lower demand zone. This shift in short-term market…
Advertisement     Ethereum co-founder Vitalik Buterin appears to have finished his Ethereum selling spree, a move that has coincided with ETH’s surge above $2,000. Buterin has dumped more than 19,000 ETH in the market, and as selling pressure from his wallets eases, analysts are forecasting a bullish move. One noted that Ethereum’s price…
Advertisement     Traders are moving against Strategy following the prolonged crypto market downturn. With Bitcoin (BTC) price down 50% and altcoins also slipping through resistance levels, traditional investors are changing how they interact with crypto stocks. These are assets whose prices are largely influenced by the crypto market capitalization. Will Strategy Further Slide…
Advertisement     Richard Blumenthal, the leading Democrat on a Senate Homeland Security investigative panel, has initiated an investigation into Binance after reports raised concerns about potential sanctions violations by the crypto giant. Blumenthal, a Connecticut senator, sent a formal letter to Binance seeking clarification on the alleged $1.7 billion in transfers from platform…
Advertisement     XRP and Solana (SOL) traders have recorded slight wins despite tightening crypto market conditions. This month, the wider market cap hit multi-month lows, but a slew of altcoins showed green signals to start the week. XRP Top Altcoin Institutional Gains A new CoinShares report shows XRP and Solana led institutional gains,…
Advertisement     Five years after the euphoric 2021 bull run, Bitcoin’s on-chain data paints a far more subdued picture. According to leading analytics firm Santiment, network activity has contracted significantly since February 2021. Source: Santiment Unique BTC addresses participating in transactions have fallen 42%, while new address creation has dropped 47% over the…
Advertisement     SBI Holdings, one of Japan’s leading financial conglomerates, is introducing its first blockchain-based bond, offering individual investors rewards in XRP, currently the fourth-largest cryptocurrency by market cap. The news has generated significant buzz in the XRP community, representing a notable step forward in the cryptocurrency’s growing acceptance and use in conventional…
Advertisement     Satoshi Nakamoto, the pseudonymous architect who introduced Bitcoin in a 2008 white paper and solved the double-spending problem, remains one of the most enigmatic figures in modern finance. Nakamoto was active until roughly 2010, before disappearing, leaving behind what is widely considered the largest single Bitcoin holding: 1.096 million BTC spread…
Advertisement     U.S.-listed spot Bitcoin exchange-traded funds (ETFs) suffered more redemptions on Thursday, prolonging a five-week slide that has drained nearly $4 billion from the products amid the brutal BTC price crash. Persistent Institutional Outflows According to SoSoValue data, investors withdrew $165.8 million from the 11 spot Bitcoin ETFs on Feb. 19, pushing…
Advertisement     A major Bitcoin on-chain indicator is now showing its strongest capitulation reading since 2018, suggesting the market may be nearing a potential cycle bottom. Historic Rally Signal Just Flashed: Is A Bullish Reversal Coming? Fresh on-chain insights from Checkonchain reveal that Bitcoin’s short-term holder stress has declined to a multi-year low…