It was less than ten days ago when the popular cross-border token challenged the $1.55 resistance. The subsequent rejection, though, was both immediate and violent. The past 24 hours have only intensified the retracement. Although almost the entire market is in the red today, with BTC sliding to $75,000 for the first time in three […]
BitGo and Galaxy Digital are continuing their courtroom battle over the collapse of a $1.2 billion acquisition agreement that was once expected to become the largest merger in the crypto industry. During proceedings this week in Delaware Chancery Court, BitGo argued that Galaxy backed out of the transaction in 2022 and is now seeking at […]
Bitcoin traded above $82,000 during the previous business week, but it was violently rejected and dropped by over seven grand in the following days to a monthly low of $75,000 marked during the night. Here are some of the possible reasons behind this correction. Trump Media, Cuban Sell Off CryptoPotato reported yesterday that one of […]
The past 24 hours (and several days) haven’t been kind to the cryptocurrency market, with many leading assets posting substantial losses. The largest and oldest meme coin has not been spared, as it slips to just over $0.10 for the first time since April 30. Its momentum has stalled after it neared $0.12 last week, […]
After operating for around 1.5 years, the Ethereum Layer 2 project Zero Network announced that it is shutting down its standalone chain and pivoting toward expanding the Zerion API and wallet products. The team said the network was originally launched with the belief that gas fees remained one of the biggest barriers to mainstream crypto […]
US President Donald Trump made some bold and bullish promises during his election campaign in 2024 for the cryptocurrency industry, but the actual implementation has been controversial to say the least. Although his team has launched certain digital asset projects and initiatives, such as accumulating BTC for one of their companies, they continue to sell […]
One year after launching XRP futures, data from the Chicago Mercantile Exchange (CME) show the product has gained steady traction in the derivatives market. Since trading began on May 19, 2025, the exchange has recorded almost $63 billion in notional trading volume across its XRP futures suite as of May 15, 2026. XRP Sees Heavy […]
Around 20,500 Bitcoin options contracts will expire on Friday, May 22, with a notional value of roughly $1.5 billion. This event is smaller than usual, so it is unlikely to have any impact on spot markets. Crypto markets have been in decline all week, with around $50 billion leaving the space as Bitcoin continues to […]
Syndicate Labs, an on-chain development startup backed by Andreessen Horowitz, announced that it is winding down operations after five years of building infrastructure for on-chain developers. It cited major shifts in the rollup market as the primary reason behind the decision. EVM Rollups No Longer the Standard In a statement on X, Syndicate Labs said […]
Bitcoin has hit resistance at its 200-day moving average and is showing signs of a trend reversal, according to CryptoQuant on Wednesday. The move closely mirrors a March 2022 pattern where a 43% rally stalled at the same level before prices declined further. “Overall, Bitcoin demand has flipped into contraction,” the analyst wrote. The platform’s […]