Ripple’s cross-border token was hit hard after the US Senate’s failure to advance the CLARITY Act, dumping from a weekly peak of $1.50 to under $1.30 before it rebounded to just over the latter. Analysts now point to improving momentum and a possible rotation toward altcoins, which aligns with a major technical signal tailored for […]
Fresh moves from the two largest regulators in the United States suggest the local crypto industry is still advancing on the regulatory front even without Congress. The CFTC’s move coincided with the broader market’s price resurgence on Friday, leading to the question of whether BTC and the alts jumped because of regulatory developments. SEC and […]
The popular privacy coin has been unstoppable lately, briefly surpassing a 10-year high of $1,500. It currently trades at roughly $1,470 (per CoinGecko), up a staggering 190% in a month. Check out where the next bullish targets stand. Far From Being Done? Zcash has become crypto’s rock star after starting a major bull run over […]
Binance users should prepare for a temporary interruption to some main services at the start of next week due to scheduled maintenance. On the bright side, the disruption is expected to last only about an hour, after which all operations should return to normal. Cause for Concern? Binance announced it will perform an infrastructure wallet […]
Ripple’s cross-border token was at the forefront of gains toward the end of August when its price reached $1.70. Since then, though, bears have regained control, and it has experienced a substantial pullback. The CLARITY Act’s failure only worsened XRP’s position, driving it down to roughly $1.26. It has regained some ground and now trades around […]
JPMorgan analysts led by Nikolaos Panigirtzoglou said in a note this week that Bitcoin (BTC) could draw more price support than gold if hedging demand in the ETF market eases, with short interest in BlackRock’s iShares Bitcoin Trust (IBIT) sitting near its highest level of the year. IBIT’s put-to-call open interest ratio runs above that […]
The popular privacy coin has once again emerged as a top performer, up double digits in the past 24 hours to briefly touch $1,400 before retracing to $1,330. ZEC’s bull run has triggered painful losses (albeit some on paper) for traders who previously opened short positions, while several analysts believe the rally is far from […]
Charles Hoskinson says the cryptocurrency industry is about to do to artificial intelligence what it once did to cryptography, and he thinks the spending spree behind today’s AI data centers is heading for a bust. In the September 16 episode of the Deeptech Insights podcast, the Cardano founder argued that blockchains could give AI payment […]
Crypto.com is moving closer to launching single-stock futures in the United States after the SEC acknowledged a Form 1-N filing from North American Derivatives Exchange (Nadex). CEO Kris Marszalek revealed the company is now “authorized” to bring single-stock futures to the market through OG.com, which is its CFTC-regulated standalone prediction market platform launched in February. […]
Trader Matthew Hyland says Bitcoin is sitting at a daily cycle low with a bullish divergence forming on the charts, and he’s calling for prices above $90,000 by early November. He’s making that call even as BTC trades near $76,000, down sharply since the Senate failed to advance the CLARITY Act, and while most of […]