Ethereum’s market activity has picked up again after a sharp move to the downside. Following a drop to near $2,800, open interest in ETH futures rose by more than $653 million. As of press time, ETH is trading at around $2,800. The asset is down 8% in the past 24 hours but remains slightly up […]
“I do think Bitcoin can make an all-time high by the end of January,” said Tom Lee on CNBC on Monday. “I’m pretty bullish into December even with the first day being rocky,” he said. The BitMine chairman added that a lot of it will depend on equities recovering, which he expects, and a new […]
Chainlink (LINK) is trading lower this week as sellers regain control. The price has slipped to around $12 at press time, following a 7% drop in the past 24 hours. Meanwhile, the focus now turns to whether it can stabilize or if the path lower toward $8 is now open. Breakdown Signals Weakness in Structure […]
According to CryptoQuant analyst Carmelo Alemán, the market is mispricing Strategy (MSTR), arguing that the firm’s 649,870 BTC stash now implies a value that’s about 78% above where the stock currently trades. He bases that view on on-chain metrics and CryptoQuant’s MSTR “price bands,” which he says now show the stock sitting deep in its […]
Zcash is under pressure after a steep price decline, falling more than 32% over the past week. The token is trading around $365 after dropping over 20% in the last 24 hours. The move follows the loss of key support levels, with traders watching whether the downtrend will continue. ZEC had recently posted strong gains, […]
Another month has started on a similar note as the previous, with the cryptocurrency market bleeding heavily, and nearly $200 billion leaving the space in less than 12 hours. There seems to be no actual catalysts behind the latest crash, aside from over-leveraged market participants. Nevertheless, some altcoins have been hit worse than others, such […]
The quick rise of AI has undoubtedly turned computing into one of the world’s most contested resources. Clouds are now being heavily crowded, hardware is becoming scarce, and traditional infrastcuture is challenged under unprecedented demand. In our conversation, Andrew Sobko, the CEO of Argentum AI, reveals that these structural challenges point to an even deeper […]
The focus this week is on labor markets and backdated PMI reports, with September’s PCE inflation report also due. Investor outlook mostly improved last week as rate-cut expectations firmed, with CME futures pricing an 87% chance of a rate cut on December 10. Meanwhile, President Trump says he has decided who will be the next […]
Binance, HashKey, and other crypto giants have pledged a combined HK$57 million ($7.3 million) in emergency aid following a fire that broke out in a residential tower in Hong Kong’s Tai Po earlier this week. The funds will be used to provide the district’s relief teams with essential support in the early stages of recovery. […]
Bitcoin’s price dropped by close to $6,000 a few hours ago, decreasing from over $91,000 to almost $85,000 on Binance. The sharp decline happened in less than a few hours, leaving over $650 million worth of liquidated positions – a stark 390% increase as opposed to the previous 24 hours. Source: TradingView As CryptoPotato reported yesterday, the […]