Even though the global crypto market recently hit a valuation of more than $4 trillion, online searches for “buy Bitcoin” are still near multi-year lows. Analysts now suggest that the contrast could mean that while markets are expanding rapidly, mainstream participation may still be in its infancy. Social Media Debates Whether the Bull Market Has […]
Solana (SOL) is drawing attention following a recent price dip, with analysts monitoring whether the token is preparing to retest the $260 level. Despite short-term losses, several technical patterns are pointing to a potential move higher. Market participants are also watching liquidity zones and ETF filings, which may influence upcoming price action. Analysts Watch for […]
95% of all Ether held by public companies was purchased in the past quarter alone, reported Bitwise on Wednesday. “Watch this space,” stated the crypto asset manager. Public corporations added 4.4 million ETH in the third quarter, resulting in a 1,937% increase over the previous one. There are only 27 public companies holding the asset, which […]
Sam Bankman-Fried, the disgraced FTX founder now serving a 25-year sentence for defrauding billions from customers, has reignited controversy by framing his 2022 arrest as politically motivated. In a recent GETTR post, reportedly shared via a friend, SBF claimed that his shift from center-left to centrist political views and subsequent large donations to Republican causes […]
Ripple has announced a strategic partnership with South Africa’s Absa Bank. Under the agreement, Absa will integrate Ripple’s custody technology to manage tokenized assets, including cryptocurrencies. With this partnership, Absa gains access to Ripple’s institutional-grade technology, while the latter advances its broader mission of integrating digital assets into mainstream financial operations across Africa. Institutional Digital […]
Traders on Binance, the world’s largest cryptocurrency exchange, are becoming increasingly pessimistic, with data from the platform showing that sell orders and user deposits have been steadily rising. According to CryptoQuant analyst COINDREAM, it means that short-term confidence has fallen following last week’s historic market crash. Market Metrics Signal Waning Confidence COINDREAM’s analysis revealed that […]
Shiba Inu boasts one of the largest and most active communities in the crypto sector, making it a prime environment for fraudsters to target victims. In the following lines, we will raise the alarm about the latest threat that users should stay alert for. Scammers Drain Wallets The X account Shibarium Trustwatch recently warned that […]
Fed Chair Jerome Powell’s comments on Tuesday have rekindled some confidence in crypto markets, as the likelihood of rate cuts increases. In a speech about the central bank’s balance sheet, Powell openly acknowledged the rising “downside risks to unemployment” in a dovish signal that the central bank is preparing to ease monetary policy. “Rising downside […]
Last weekend, the crypto market experienced one of its most dramatic days in history. Bitcoin’s 18% pulldown triggered over $19 billion in liquidations within hours, the largest such event ever recorded. Cryptocurrencies and investor portfolios bled significantly, driving a massive wave of selling in the spot market. Now that the worst is over, the market […]
Binance has announced that it has compensated affected users with approximately $283 million following the recent October 10 market meltdown. The company also shared that the situation had been caused by a brief technical glitch on the same day that resulted in temporary disruptions and de-pegging in some cryptocurrencies. What Really Happened During the Crash […]