Crypto market capitalization has lost 18% over the past week, falling to its lowest level since the end of October at $2.75 trillion on Friday. Support lines have been broken, and all gains since the US presidential election in November have been wiped out as a whopping $600 billion has exited the space over the […]
Crypto market capitalization is down 8% on the day, plunging below $3.1 trillion on Feb. 25 following a wipeout of almost $200 billion in 24 hours. This is the lowest markets have been since mid-November, obliterating almost all gains since Donald Trump’s election victory. Total cap is now teetering on longer-term support levels, and a […]
Monday is a holiday in the US for Presidents’ Day, so traditional markets are closed. Crypto markets never close, but they are already showing signs of weakness as another week begins. There are several Federal Reserve speeches to look out for this week in addition to manufacturing and services purchasing manager’s indexes. “Inflation is officially […]
As bitcoin (BTC) continues to trade a few thousand dollars below $100,000, miners are struggling to run their operations, and as a result, most of them are capitulating. A report by CryptoQuant analyst Darkfost revealed that the Hash Ribbons metric, an indicator that tells the health of the Bitcoin network by tracking hash rate fluctuations, […]
Another volatile week is in store with two big inflation reports due alongside retail sales data. Last week’s mixed recent economic reports still reflect a robust economy and elevated inflation, supporting the case for the Federal Reserve to remain on hold with rate cuts for now. “Meanwhile, ongoing trade war headlines will carry over from […]
The Bitcoin network seems like a ghost town, with its activities falling to the lowest level in a year. A Bitcoin Network Activity Index from the market analytics platform CryptoQuant hovers around 3,760, the lowest since February 2024, indicating that activity on the leading blockchain has plunged 15% since its November 2024 record high. According […]
“Earlier today, we announced that we are now Strategy, a new name that powerfully and succinctly conveys the universal and global appeal of our company,” said Phong Le, President and Chief Executive Officer. The rebrand came to emphasize the firm’s focus on Bitcoin and AI as transformative technologies. “We have completed $20 billion of our […]
Crypto market capitalization has tanked around 12% over the past 24 hours, falling to around $3.1 trillion at the time of writing. It is the lowest level markets have seen this year, wiping out more than $400 billion in less than a day as the sell-off accelerated during the Monday morning Asian trading session, sending […]
Although the previous month (and the start of the new year) began on the wrong foot, with BTC standing firmly within fix-digit price territory, the asset managed to turn it around and charted a new all-time high a couple of weeks back. All eyes have now turned to February, which is historically a highly profitable […]
“We are not bulled up enough about Ethereum,” said former UBS bond trader and Etherealize founder Vivek Raman on Jan. 29. It has been more than a week since Donald Trump’s inauguration, and the “entire Ethereum ecosystem has been reborn,” he added, referring to the recent leadership shakeup at the Ethereum Foundation. Ethereum now has […]