The greatly anticipated meeting at the highest levels between the presidents of the United States and Russia failed to reach a conclusion regarding a ceasefire between Ukraine and the world’s largest country by landmass. Nevertheless, Trump said both parties made some good progress on a few points, while Putin categorized the meeting as a “starting […]
Around 40,000 Bitcoin options contracts will expire on Friday, August 15, and they have a notional value of roughly $4.8 billion. This expiry event is slightly larger than last week’s, but it is still unlikely to be enough to influence spot markets, which have notched all-time highs in terms of market capitalization this week. Bitcoin […]
Bitcoin prices reached a new peak of $124,130 in early trading in Asia on Thursday morning, according to CoinGecko. It traded even higher on exchanges with a premium, such as Coinbase and Bitstamp. The asset has gained 3.4% on the day, climbing from an intraday low of $119,000 and exceeding its July 14 peak of […]
The blockchain analytics firm Glassnode shared its weekly report, which features various key metrics and on-chain data related to the leading cryptocurrency. Spot Metrics The spot price rebounded strongly over the past week, after re-testing the sub-$114,000 level and climbing back towards $121,000. This brought momentum back into the spot market, with several sectors showing […]
Crypto and stock markets have continued to rally despite ongoing tariff uncertainty. The rally may have been aided by some signs of economic softness and increasing odds of a rate cut in September. However, analysts tend to think that the path ahead may remain choppy, with trade, macro, and geopolitical developments still casting darker clouds […]
TL;DR XRP jumped by double digits after Ripple’s legal battle with the SEC officially ended. ADA climbed $0.80, with analysts eyeing breakouts toward $1.30, $1.60, or even $2.90 if bullish momentum continues. BTC briefly topped $117,500 before easing to $116,500, with historical trends suggesting further gains might be incoming. XRP Takes Center Stage Again Ripple’s […]
For the first time in 15 weeks, digital asset investment products saw net weekly outflows $223 million. The week started on a high note as $883 million poured in. Momentum, however, reversed sharply following the FOMC’s hawkish stance and strong US economic data. Despite Friday’s weaker payroll numbers hinting at a more dovish Fed approach, […]
Crypto markets tanked hard over the weekend as Bitcoin retreated back to support at $112,000 as trade tariff economic uncertainty returned, quashing risk appetite. Trump rolled out new “reciprocal” tariffs through an executive order, and a weak US jobs report caused markets to stumble late last week. Trade tensions are back in the spotlight as […]
Blockchain analytics firm Arkham has revealed that a previously unknown hack of Chinese mining pool LuBian in December 2020 resulted in the theft of 127,426 BTC worth around $3.5 billion at the time. This makes it the largest crypto theft in history, Arkham stated, and the haul today would be worth a whopping $14.5 billion. […]
TL;DR The primary cryptocurrency has been in a free-fall state for the past few days, dropping from $119,000 to a multi-week low of under $112,000 hours ago. A popular analyst has highlighted the most significant support zones that could be tested next. BTCUSD. Source: TradingView The chart above paints a clear picture. Bitcoin peaked in […]