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Search Results for: crypto market

Bitcoin (BTC) Price Striving Hard Post Brief Retracement

In a recent study, crypto market data analytics company CryptoQuant concluded that widespread interest in Bitcoin (BTC) is a positive sign for its value. Nonetheless, researchers have concluded that interest is low and that no fresh capital is being poured into the ecosystem, suggesting that the bull market’s top is

October 4, 2023 2 mins read

Ethereum Fumbles as Price Fails to Continue Bullish Momentum

Initial trading activity for Ethereum futures exchange-traded funds (ETFs) was much lower than expected. Recent Ether futures exchange-traded funds failed to make a major impression despite being billed as revolutionary products. On its first day of trading, less than $2 million was traded across all nine ETFs. Valkyrie’s BTF futures

October 3, 2023 1 min read

Cardano Faces Pivotal Moment Amid Mixed Indicators for Short Term

Analytics provider Santiment has flagged Cardano as an altcoin primed to potentially decouple from broader crypto market trends. Alongside AAVE and CRV, Santiment suggests Cardano could benefit from volatile short-term windows, ideal for savvy traders. But conflicting indicators currently signal both opportunities and risks for ADA. At the time of

October 3, 2023 2 mins read

XRP Liquidations and Lagging Price Cast Doubt on Overhyped Rally

Despite recent legal victories, on-chain data suggests the perceived resurgence of XRP may be overhyped. Liquidation figures and lackluster price action indicate the disputed cryptocurrency has yet to see the hype translate into renewed bullish momentum. According to CoinGlass, around $1.35 million worth of XRP positions have been liquidated amid

October 3, 2023 1 min read

Tether Transfers 100 Million USDT to ‘Tether Treasury’ boosting Stablecoin Holdings

In a surprising turn of events on October 2, 2023, prominent whale data collector Whale Alert reported two substantial Tether (USDT) transactions worth $50 million each, originating from renowned crypto exchange Bitfinex and directed towards the “Tether Treasury” address. These transfers took place within a span of just two minutes,

October 3, 2023 1 min read

CZ & Binance Sued Over FTX Downfall

Changpeng Zhao (CZ), CEO of the largest cryptocurrency exchange, Binance, and its U.S. subsidiary, Binance.US, find themselves at the center of a class-action lawsuit filed by California resident Nir Lahav. The lawsuit, which was filed on October 2 in the District Court of Northern California, alleges various violations of federal

October 3, 2023 2 mins read

AETH and BTOP, Two First-of-Their-Kind Ethereum Futures ETFs From Bitwise, Launch Today

“AETH and BTOP unlock access to the world’s most interesting crypto asset with confidence, through regulated ETFs,” said Bitwise CEO Hunter Horsley. “The two funds continue to expand Bitwise’s leading suite of crypto products, providing investors with a wide set of options for accessing opportunities in the space.” SAN FRANCISCO–(BUSINESS

October 2, 2023 11 mins read

Toncoin (TON) Witnesses Brief Correction; Further Decline Likely?

The crypto market is showing signs of life as Bitcoin’s value rises. After failing to break over $26,500 earlier this week, BTC is hovering around the $27,000 mark at the time of writing. Moreover, Toncoin had been in news lately for defying the market trend and registering a strong rally.

September 30, 2023 2 mins read
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