The cryptocurrency market has staged an evident resurgence over the past 24 hours, with Zcash (ZEC) once again among the top performers. Many analysts believe this marks the start of a major new rally, while some whales opened long positions worth millions of dollars. Explosion to $2,000 Comes Next? As of this writing, ZEC is […]
Cardano’s ecosystem continues to evolve, with the team introducing several advancements that have drawn the crypto community’s attention. ADA, the project’s native token, is up 4% on a daily basis, yet a combination of bearish factors suggests it may soon head south again. The Latest Updates Earlier this week, several sources revealed that Charles Hoskinson […]
XRP is attempting a recovery after buyers defended the $1.25-$1.30 demand zone earlier this week. Now trading around $1.36, the asset is approaching the upper boundary of its short-term descending channel. This level could decide whether the rebound develops into a broader recovery or fades into another lower high. XRP Price Analysis: The USDT Pair […]
Bitcoin is pushing back toward $86K after buyers defended the $80K short-term demand zone once again, with BTC trading close to $85K. The rebound comes as markets price in roughly a 25% chance of another Fed hike at the late October meeting, following September’s quarter-point increase. Meanwhile, the NVM Ratio has climbed to its highest […]
CryptoQuant contributor MorenoDV_ warns in a new analysis that Bitcoin’s rebound is outrunning stablecoin supply, as Tether’s USDT lost nearly $1 billion in market capitalization in five days. With less fresh dollar supply entering the market, the recovery leans more heavily on buyers already in it. USDT Supply Is Lagging Bitcoin’s Rebound Bitcoin’s recovery “is […]
Although the cryptocurrency markets are open during the weekends, they have become prone to volatility over the past several months, which returns on Monday morning. However, something strange happened over the past several hours: most digital assets experienced a sudden flash crash. It wasn’t an isolated case, as major AI stock perpetuals plunged by up […]
It was a packed week for Ripple and XRP, with Evernorth making its long-anticipated Nasdaq debut after a major merger, Standard Chartered and Cross River expanding RLUSD access, and Ripple Prime pushing further into Wall Street. None of those developments helped the company’s native asset mark any gains – just the opposite. Wall Street and […]
Turkish authorities have arrested Richard James Schueler, better known as Richard Heart, in an Istanbul operation targeting an internationally wanted crypto fugitive. Heart was detained on Wednesday morning along with his wife, identified as A.K., according to local media reports. An update from the country’s Justice Minister, Akın Gürlek, confirmed the news today. The operation […]
Solana’s on-chain economy is growing beyond meme coins. In fact, a new report suggests that real-world assets (RWAs) are emerging as one of its fastest-growing sectors. Castle Labs found that Solana’s tokenized RWA market grew by more than 600% over the past year as it rose from $700 million to $4.3 billion. That puts it […]
The analysts at the Kobeissi Letter argued that Wall Street is in a rare “bull-bear market,” with key indices, such as the S&P 500, hovering near record highs even as most of its components trade well below their peaks. The KL’s analysis believes this divergence could eventually fuel another powerful rally if inflation, energy prices, […]