Investor confidence in Bitcoin saw a powerful comeback as the asset drew $2.4 billion in inflows. This figure is its biggest weekly tally since July. Meanwhile, short-Bitcoin products lost ground, with outflows trimming their assets under management to $86 million. Ethereum also benefited from the change in sentiment. After eight days of consistent withdrawals, it […]
TL;DR Pi Network is rolling out protocol upgrades, aiming to boost stability, performance, and introduce protocol-level KYC features. Despite the progress, PI is in red territory today, while the multi-million token unlocks scheduled for the next month and the major supply stored on exchanges signal heavy potential selling pressure. Moving Forward as Scheduled The controversial […]
Crypto markets are preparing for a wave of new digital assets between September 15 and 22. Data from the Tokenomist website shows that major projects, including Solana (SOL), Avalanche (AVAX), and Dogecoin (DOGE), will unlock more than $790 million in tokens during this period. Key Unlocks Major token activations exceeding $5 million over the next […]
America is coming on-chain, and it is using Ethereum as its ledger, said Ryan Sean Adams from Bankless on Thursday. “In the coming decades, I believe Ethereum could become the root of trust for $100 trillion in American capital markets,” he added. He said that America’s real-world asset tokenization drive could see as much as […]
In its latest report, BitMEX Research examined how BRC-20 Tokens and Ordinal images are affecting Bitcoin node verification. The study looked at Ordinal-related data on Bitcoin, including the transaction count and data size, to determine their impact on node operators. BRC-20 Tokens Strain Bitcoin Nodes More Than Images The September 8 report revealed that BRC-20 […]
Crypto markets ended last week on a high note with total capitalization topping $4 trillion again, but momentum waned over the weekend. Stock markets in the US reached record highs last week as markets fully priced in a 0.25% rate cut this week. However, the job market continued to signal weakness with a sharp jump […]
Bitcoin continues to trade with renewed strength, supported by a decisive rebound from demand zones and a confirmed market structure shift. While momentum remains bullish, traders should remain mindful of potential pullbacks into key support zones before continuation higher. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC recently staged a strong […]
Ripple’s XRP has recently experienced an influx of buyers, driving the price above the crucial wedge’s upper boundary. This move marks a significant bullish signal, though a temporary pullback to the broken level remains a likely scenario. Ripple Price Analysis By Shayan The Daily Chart On the daily timeframe, XRP benefited from intense buying pressure, […]
Bitcoin’s gradual price recovery over the past week or so saw some resistance at $116,000, and the asset has failed to reclaim that level decisively. Expectedly for a weekend trading, most altcoins are quite sluggish with little to no moves in either direction. However, there are a few exceptions. BTC Keeps Calm at $116K The […]
After a brief hiatus, Ripple’s native token has returned to the top 100 global assets by market cap as its own has jumped to roughly $185 billion. At the same time, bitcoin has lost some ground to silver, and it’s currently in the 8th position. Ripple Is Back CryptoPotato reported back on August 23 that […]