Amidst a broader market downturn, Bitcoin investment products faced $719 million in outflows over the past week, but there was no significant uptick in short-bitcoin product demand. This meant that bearish sentiment may lack conviction and could prove short-lived. Crypto Funds Shed $812M Across the broader digital asset market, outflows reached $812 million, driven by […]
The SEC and FINRA have launched an investigation into suspicious trading activity before publicly traded companies announced plans to acquire crypto. Regulators believe some investors may have profited from having prior, non-public knowledge of these crypto-treasury announcements, potentially violating fair disclosure rules. Possible Breach of Fair Disclosure Rules The investigation focuses on publicly traded digital […]
Smart money is flowing into BNB Chain, with on-chain data showing over $700,000 invested in new projects within 24 hours. The network is also experiencing a surge in developer activity and infrastructure improvements, which analysts believe could position it to compete with networks like Base and Solana. Strong Token Inflows And Increased Activity Blockchain analytics […]
Aster (ASTER) has emerged as a top trending token on CoinGecko, with its value surging over 2,400% since its launch. The project’s popularity is fueled by its Season 2 points program and key endorsements from industry figures, including former Binance CEO Changpeng Zhao (CZ). ASTER Climbs Rankings The crypto data aggregator reported via X that […]
Bitcoin’s latest pullback, roughly 12% below its all-time high of $124,000 all-time high, has sparked debate over whether this is a natural correction or an early warning of deeper risks. But data shows that the dip shows a maturing market where corrections reset leverage, not destroy momentum. Natural Cool-Off or Warning Shot The decline is […]
Around 146,000 Bitcoin options contracts will expire on Friday, September 26, and they have a notional value of roughly $17 billion. This expiry event is a big one because it is the end of the month and the end of the third quarter, so there could be some volatility on spot markets, which have tanked […]
The past day wasn’t kind to the cryptocurrency markets, as bitcoin slumped below a crucial support level and dipped to a three-week low of under $109,000 yesterday. Most altcoins crashed even harder, which is why the leveraged liquidations have skyrocketed to nearly $1 billion, according to CoinGlass. BTCUSD. Source: TradingView It was less than a […]
The layer-1 decentralized finance (DeFi) interoperability network, Flare, has launched the first FAsset on its mainnet. This product, called FXRP v1.2, is designed for XRP holders, enabling them to leverage their assets across the DeFi ecosystem. According to a press release shared with CryptoPotato, FXRP minting will be capped at 5 million tokens for the […]
Bitcoin has not tracked global M2 money supply with such a large lag since May, observed the head of growth at Theya, Joe Consorti, on Wednesday. BTC is now lagging behind money supply growth by around 70 days, whereas gold has maintained an almost perfect correlation. It is a tale of “cross-asset correlations amid secular […]
Bitcoin critic Peter Schiff has doubled down on his stance, this time claiming the flagship cryptocurrency is in a bear market. However, the crypto community pushed back against his remarks, with many arguing that his analysis relied too heavily on short-term data. BTC Down 20% against Gold The economist dismissed Bitcoin in a September 24 […]