The Bitcoin treasury company Strategy offloaded 3,588 BTC last week for approximately $216 million. The asset briefly plunged below $61,500 before recovering quickly. While the sale initially drew attention, the decision to sell more of the cryptocurrency could be a positive step that strengthens confidence in the company’s financing structure, according to Grayscale Research Head […]
Bitcoin is showing “early signs of stabilization” as the price momentum exits an extreme negative regime, reported analytics firm Swissblock on Tuesday. It added that on-balance volume (OBV) is also starting to support the regime shift and “recovery begins with momentum, but a new trend requires buyers to follow.” OBV is a momentum indicator that uses […]
Coinbase CEO Brian Armstrong has said the exchange is investigating an AI-generated prediction market alert after the platform mistakenly sent users a “breaking news” notification of a supposed Norway 3-2 win against Brazil in the ongoing FIFA World Cup before the match had even kicked off at the MetLife Stadium. The flash news also showed […]
Prominent blockchain investigator ZachXBT said that several meme coins using his name and likeness were launched across multiple blockchains over the past week to capitalize on the recent attention surrounding him. He clarified that he had no involvement with any tokens and reiterated his longstanding position that he would never endorse or launch a meme […]
Crypto analyst Credible Crypto believes many of the beaten-down altcoins could offer better risk-reward than Bitcoin (BTC) at current prices. According to him, projects trading 80% to 90% below their all-time highs may deliver outsized returns if the market turns. Market Is Building a Base as Attention Moves to Altcoins Speaking in the July 5 […]
Ripple’s cross-border token has gained over 9% in the past week and now sits near $1.15 after bottoming (for now, at least) at $1.01 a few weeks ago. Such a notable resurgence in a relatively short timeframe has given wings to the perma-XRP-bulls, as new predictions of bigger rallies and peaks emerged over the weekend. […]
The gradual price recovery that began in early July continued over the past 12 hours or so, as bitcoin jumped to $64,000 for the first time in almost two weeks. Although it was stopped there for now, analysts seem more confident that the overall market environment has improved and outlined the cryptocurrency’s next big resistance […]
Meme coin momentum has far evaporated from the peaks of a couple of weeks ago, even though there are some that are still making waves. However, most turn out to be owned by a few wallets that later dump on unsuspecting investors. The situation with the leader of this niche is quite interesting. It continues […]
Bitcoin (BTC) closed June near its weakest level in almost two years after falling to around $58,000 on June 30, while spot Bitcoin ETFs extended a weeks-long run of heavy outflows. The month, according to a Santiment market report, was less about one single crash and more about capital quietly leaving crypto for AI stocks […]
The FIFA World Cup’s round of 16 matches are set to kick off on July 4, and football, or soccer as it’s known in the United States, has become the biggest driver of activity on prediction platforms, diverting attention from the political and macroeconomic markets they were originally built around. This is according to data […]