Alongside the rest of the crypto market, Ripple’s cross-border token tried to break out in the middle of the business week, surging to a monthly peak of over $1.60. However, the subsequent rejection pushed it south to under $1.50 as of press time. Even the most recent developments on the Ripple adoption and partnership front […]
Bitcoin briefly climbed past $71,000 early Friday, as it slightly bounced back from earlier weakness. This comes as authorities worked to address oil supply disruptions in the Strait of Hormuz and restore market stability. Amid these developments, Bitcoin is nearing a long-standing support trendline that has “guarded” its price action since 2017. Support Floor According […]
Morgan Stanley has filed a second amended S-1 with the U.S. Securities and Exchange Commission (SEC) to launch its spot Bitcoin ETF. The update adds operational details and signals progress in the bank’s application, even though approval is still uncertain. Morgan Stanley Adds Structure to Bitcoin ETF Filing In its filing, the bank outlined plans […]
Many leading cryptocurrencies have posted slight declines or negligible increases over the past 24 hours, but this isn’t the case for Bittensor (TAO), whose price soared by 15%. The question now is whether this momentum can hold or if a pullback is coming next. Further Gains Ahead? Earlier today (March 20), TAO’s price soared to […]
Bitcoin has broken above the upper boundary of its February-March trading range after climbing past $70,000 to touch $74,000 briefly. On-chain data indicates that the asset has moved beyond a dense accumulation cluster formed between $59,000 and $72,000. However, it has recently returned below the upper boundary, even though the daily closure is not here […]
Around 24,600 Bitcoin options contracts will expire on Friday, Mar. 20, with a notional value of roughly $1.7 billion. This event is smaller than last week’s, which was also quite negligible, so it is unlikely to affect spot markets. Crypto prices have been in decline over the past few days following the Federal Reserve’s hawkish […]
A mix of geopolitical escalation, inflation data, and Federal Reserve signals has rattled global markets. According to analyst Ash Crypto, the combined pressure from rising oil prices, hotter-than-expected producer price inflation, and a cautious Fed stance is also weighing on crypto alongside traditional risk assets. What Happened In a March 19 post on X, Ash […]
Solana’s SOL token jumped past a key technical resistance level at about $93, turning what analysts called a “39-day distribution zone” into a structural floor. The move has brought two price targets into focus, one being an initial level near $103 and a secondary one near $113. Breakout Above $93 Shifts Sentiment In a March […]
Bitrefill disclosed that it was targeted in a cyberattack on March 1, which resulted in the theft of cryptocurrency funds, and said its investigation found multiple indicators linking the incident to tactics used by the DPRK-associated Lazarus/Bluenoroff group. The company stated that similarities in the attackers’ methods, malware, on-chain tracing patterns, and the reuse of […]
Total market capitalization has declined by almost $100 billion in less than 24 hours before and after the Federal Reserve’s meeting on Wednesday. The metric is now at around $2.52 trillion after falling from just below a six-week high of $2.61 trillion on Wednesday. Over the past 24 hours, around 136,000 traders were wrecked, with […]