A market analysis from cryptoQuant CEO Ki Young Ju suggests that the value of Ethereum’s native token (ETH) is currently undervalued. According to his analysis, based on 12 […]
China Reasserts Crypto Ban Amid Resurfaced Speculation
China’s central bank has reignited its crackdown on crypto trading by highlighting the risks associated with stablecoins and reaffirming a ban in place since 2021. The People’s Bank […]
Bitcoin Breaks $91,000 Barrier: Market Recovers Amidst Volatility and Fear
After a sharp decline that saw Bitcoin fall below $81,000, the leading cryptocurrency has regained strength. Bitcoin now trades above $91,000, gaining 4.18% in the last 24 hours. […]
Nasdaq Aims for SEC Approval of Tokenized Stock Listings
The Nasdaq stock exchange is accelerating its efforts to bring tokenized versions of listed stocks to the market, according to its head of digital assets strategy. Matt Savarese […]
Bitcoin Mirrors 2022 Bear Market, Correlation Soars to Record High
Bitcoin is exhibiting alarmingly similar behavior this year to its bearish market in 2022, with the correlation between BTC price and the 2022 bear market now at an […]
Bitcoin Takes Plunge of 5% in Sudden Market Crash
Bitcoin experienced a sharp downturn this Sunday, plummeting nearly 5% within just three hours. While it had been consolidating around $91,500 for much of the weekend, a sudden […]
Crypto Hack Losses Soar 10-Fold in November, Reaching $194 Million
November witnessed a dramatic escalation in crypto hacking losses, reaching a staggering $194.27 million according to blockchain security firm PeckShield. This surge reflects a concerning trend of major […]
Cocoon Decentralized AI Network Launches, Offering Privacy-Preserving Computing Power
Pavel Durov, co-founder of Telegram, announced the launch of Cocoon, a decentralized AI network built on The Open Network (TON) technology. This platform empowers GPU owners to rent […]
Japan’s Bond Surge Shakes Global Carry Trade, Impacting Crypto
Japanese government bond yields have surged to their highest levels in decades, raising concerns about a ripple effect across global markets, particularly the cryptocurrency industry. The yield jump, […]
Dogecoin Price Drops Below Key Support Levels Amidst Broader Crypto Weakness
Dogecoin (DOGE) has experienced a decline in price, falling below key support levels and breaking through a significant bullish trend line. This downward movement is being observed in […]
Tether’s U.S. Treasury Profits Raise Questions About Asset Liquidity
Tether, the leading stablecoin issuer, recently disclosed substantial holdings of U.S. Treasury bonds worth $135 billion, generating consistent profits estimated at over $500 million monthly. This disclosure fueled […]
Bitcoin Faces Volatility: Can It Break $91K to Climb Further?
Despite a positive stock market and rising gold prices, Bitcoin (BTC) failed to surpass $93,000. Traders are now searching for the catalyst to drive sustainable bullish momentum for […]
Rising Japanese Bond Yields Threaten Crypto Markets
Japanese government bond yields have been rising steadily, impacting global markets and particularly cryptocurrencies like Bitcoin and Ethereum. This change stems from the Bank of Japan’s policy shift […]
Crypto Market Takes Hit: What’s Next for Bitcoin & Altcoin Prices?
Last week brought a surge of optimism, as rate-cut expectations strengthened, with CME futures pricing an 87% chance of a December rate cut. However, cryptocurrency markets experienced a […]
Crypto Trading Volumes Plunge to Six-Month Low
November saw a significant slump in cryptocurrency trading volume, dropping to a six-month low of $1.6 trillion. This decline was mainly driven by heightened regulatory pressure and deleveraging […]