Around $205 billion has exited crypto markets over the past 24 hours, sending total market capitalization plummeting back to $3.84 trillion. It is the lowest level total cap has been since August 6, but it still remains within a six-week sideways channel despite the massive sell-off. CoinGlass reported that around 205,000 traders were liquidated over […]
Crypto markets are preparing for a wave of selling pressure as more than $998 million worth of token unlocks hit circulation between August 25 and August 31, according to data from Tokenomist. The largest scheduled releases include Sui (SUI), Optimism (OP), Jupiter (JUP), and Huma Finance (HUMA). Heavy Unlock Schedule The token activations consist of […]
XRP struggled to sustain its recent momentum as it failed to reclaim the $3 mark. After enjoying a relatively strong weekend that kept sentiment leaning positive, selling pressure emerged on Monday, which pushed the price back down to $2.95. The correction phase may not be over yet, as on-chain data points to rising exchange inflows […]
TL;DR SARO spikes 100% despite broader market decline, signaling unusual resilience in volatile trading conditions. Analysts highlight critical support near $0.20 and resistance around $0.38 for the asset’s price direction. Flash crash wick suggests liquidation-driven volatility, with traders debating bounce potential or further downside. Price Action and Market Context Saros (SAROS) climbed sharply in the […]
Today’s recovery attempt by most cryptocurrencies turned out to be a fakeout as the market has turned red once again. This time, Ethereum has taken the painful main stage, dumping by over 11% since its all-time high registered just over 24 hours ago. ETHUSD. Source: TradingView The landscape around the world’s second-largest cryptocurrency changed for […]
The Ethereum Foundation (EF) has revealed a plan for the next stage of its Trillion Dollar Security (1TS) project. This follows an ecosystem survey conducted to identify the most urgent issues within Ethereum’s infrastructure. Wallet Security Standard In an August 20 blog post, the EF announced that the security initiative’s first actions will mostly target […]
Social engineering scams have proved to be one of the damaging attack vectors in crypto, which are capable of bypassing technical defenses and draining platforms or users of staggering sums. In the latest development, a victim lost 783 Bitcoin, worth approximately $91 million, in such an attack. Hackers Impersonate Wallet Support Prominent on-chain investigator ZachXBT […]
Authorities from the island nation have issued a notice for a substantial amount of Bitcoin lost due to a sophisticated attack. This event adds to the already long list of similar attacks the year has seen so far, and worryingly, continues to see. The Losses Increase Financial crime continues to weigh heavily on the crypto […]
The three largest cryptocurrencies by market capitalization now have a spot among the top 100 global financial assets by that metric. That became possible as Ripple’s native token jumped to a market cap of almost $180 billion, which helped it surpass several well-known names such as Allianz SE, Accenture, and Boston Scientific. Ripple Enters Top […]
TL;DR Following the recent delays by the US Securities and Exchange Commission, several filings for Ripple ETFs have been updated by the companies behind them. The asset’s price has also staged a remarkable recovery following the recent local bottom, especially after yesterday’s update on the legal case against the securities regulator. ETF Updates Recall that […]