ZachXBT says AscendEX users are experiencing withdrawal delays, with some requests not being processed at all. Several individuals reported that the transactions have been stalled for days, sometimes even weeks. AscendEX Users Report Withdrawal Issues The on-chain sleuth issued a warning in his Telegram group, alerting members to potential liquidity challenges. “I have observed multiple reports that the […]
Almost every major altcoin has taken a beating in recent months, and Ethereum is no exception, with its price plunging to a 14-month bottom. Analysts now warn that it could be on the verge of a further slump, with some floating the idea of a crash to a multi-year low of around $1,000. The Red […]
XRP is trading near the $1.00 level, down about 9% in the last seven days and more than 52% over the past year. But UK-based technical analyst ChartNerd is suggesting that the deeper the Ripple token falls from here, the better the potential risk-reward setup becomes, with a possible demand zone between $0.90 and $0.70 […]
Bitcoin’s price volatility around and just under $60,000 continued at the end of the business week, but the asset has managed to climb above this level as of Saturday morning. Most larger-cap alts are slightly in the green, with XRP trading above $1.05 and ETH standing close to $1,600. SOL has risen the most from […]
There has been a sharp increase in Chainlink tokens moving to exchanges just days before the project announced a major banking initiative. According to on-chain data from the Ethereum network, Binance recorded a net inflow of more than 10.2 million LINK on June 19. This pushed the exchange’s LINK reserves from 84.1 million to 94.3 […]
DeXe (DEXE) has recorded a major increase in on-chain activity as the protocol continues to rank among the strongest-performing large-cap crypto assets in recent months. According to data shared by Santiment, DEXE recorded 18 whale transactions worth over $100,000 and 298 active addresses, both all-time highs. The network also added 86 new wallets, which is […]
Around 153,500 Bitcoin options contracts will expire on Friday, June 26, with a notional value of roughly $9.3 billion. This event is much larger than usual, being the end of the month and end of quarter, so it may induce more volatility in the already battered spot markets. Crypto markets fell to an almost two-year low […]
The prolonged bear market has been brutal for countless altcoins, with Cardano’s ADA being particularly affected. Several hours ago, it dropped below $0.14 for the first time since late 2020, and it currently trades at around $0.147. Meanwhile, ADA’s market capitalization fell to approximately $5.5 billion, meaning the token is no longer among the 20 […]
Analyst ‘Reflection’ warned of a brutal Bitcoin liquidation cascade below $59,000, claiming over $1.6 billion in long leverage is stacked in one zone around $58,000 based on CoinGlass data. “In all my years trading, I’ve never seen this much long-side liquidity stacked in one single zone,” they said on Wednesday. That liquidation zone is not […]
By extending its collaboration with long-term local partner SBI Group, Ripple has received approval from the Japanese Financial Services Agency (JFSA) to launch its stablecoin available in the country. The company’s Senior Vice President of Stablecoins praised the Japanese regulatory environment and called it a leader in cryptocurrency adoption. RLUSD in Japan The green light […]