Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI […]
“Short-term holders are in extreme pain right now,” said market analyst and 21st Capital co-founder Sina on X on April 8. He observed that the biggest accumulation zone around current prices was at $98,000 for the amount of 245,000 BTC. “These people are in deep, dark pain,” he said. “All cohorts of short-term holders (STH) […]
Crypto investigator ZachXBT has publicly criticized Coinbase, calling out the popular crypto exchange for repeated account lockouts and an undisclosed data breach, which he claims led to thefts. In the latest tweet, the on-chain sleuth expressed his dissatisfaction and stated that Coinbase had locked him out of his account twice in the past month without […]
Ethereum briefly plummeted to $1,415 on Monday amidst a broader market bloodbath. The crypto asset has since recovered and is currently trading at $1,505. Despite this, its price was still down by 15% over the past 24 hours. This sharp decline comes as the broader cryptocurrency market reacts negatively to the Trump administration’s intensified global […]
Elon Musk advocates for no tariffs on international trade between the United States and the European Union. During an event hosted on Saturday by Italy’s Deputy Prime Minister Matteo Salvini, Musk said: I hope it is agreed that both Europe and the United States should move, ideally, in my view, to a zero-tariff situation, effectively […]
The bankruptcy estate of the defunct cryptocurrency exchange FTX has revealed that it will not be paying roughly $2.5 billion in claims to victims of its collapse as creditor repayments continue. According to a filing with the U.S. Bankruptcy Court for the District of Delaware, customers affected by the latest development are those who failed […]
Bitcoin’s price nosedived by six grand in the past day as markets anticipate a highly bloody Monday trading session in traditional finance. The altcoins have it worse, with even more painful declines. The total liquidations have skyrocketed to $900 million on a daily scale. BTCUSD. Source: TradingView It was just several days ago, on Wednesday, […]
In Q1 2025, the dapp industry maintained its strength despite a mild dip in activity. Although the crypto market had solid momentum leading up to Trump’s presidency, sentiment shifted quickly afterward and ended up triggering a decline in asset prices. Historically, such downturns reduce user engagement with decentralized applications. Still, daily unique active wallets (dUAW) […]
Bitcoin’s price dropped suddenly in the past few hours, tanking from slightly less than $83,000 to below $79,000. In doing so, the market saw a spike in liquidation levels, as leveraged positions worth almost $600 million were wiped off, according to data from CoinGlass. Source: TradingView The move comes following a few ‘calm’ days during […]
Bitcoin’s price movements took a minor detour yesterday when the asset slipped to $82,400, but it managed to recover most losses and now sits above $83,000 once again. The altcoins are also quite sluggish on a daily scale, aside from PI, which has maintained its recovery session. BTC Calm at $83K The primary cryptocurrency went […]