News

$2 Billion in Long Positions at Risk Amid Ethereum Price Crash

Key Points on Ethereum Price Dynamics Up to $2 billion in long positions are at risk of liquidation if ETH falls to $4,200. Currently, a...

Crypto Prices Stabilize as Derivatives Indicate Unwinding of Long Positions

Major cryptocurrencies exhibited little movement amid stable U.S. stock index futures, despite positive outcomes from the meeting involving European...

Polkadot Introduces Capital Group to Connect Traditional Finance and Web3

Polkadot is launching Polkadot Capital Group, aimed at connecting traditional finance with Web3 infrastructure. Key points include: The initiative...

ETH ETFs Expected to Surpass BTC ETFs in Supply Held by September

Ethereum ETFs may soon surpass Bitcoin ETFs in supply held, indicating a shift in institutional crypto markets. Bitcoin ETFs hold 6.38% of total...

1 Million Contracts of $4 XRP Call Options Traded Despite Price Decline

XRP call options at the $4 strike have seen significant trading activity this week, despite a price decline. One million contracts of the $4 call...

Wyoming Launches U.S. Dollar Stablecoin Frontier Token on Multiple Blockchains

Wyoming has launched the mainnet for its Frontier Stable Token (FRNT), claiming it as the first fully-reserved stablecoin issued by a public entity...

Royal Bank of Canada Increases MSTR Shares to 188,657 in Q2

The Royal Bank of Canada (RBC) increased its investment in Bitcoin by acquiring more shares of Strategy Inc. (MSTR), a company focused on Bitcoin...

Bitcoin Faces Pressure as Fresh Demand Emerges in Market

Bitcoin (BTC) is currently under pressure, having breached its bullish trendline from April, with support around $114,600. Fresh demand is emerging...

Bitmine Technologies Becomes 10th Most Traded Stock in US Markets

Bitmine Technologies (NYSE: BMNR) has seen a surge in trading activity, becoming the 10th most traded stock in the U.S. on August 18 with a daily...

Analyst Predicts XRP Outperformance Over Ethereum Based on Market Structure

CrediBULL Crypto (@CredibleCrypto) indicates that market structure analysis suggests XRP may outperform Ethereum. Key points include: XRP/ETH has...

Tassat Appoints Glen Sussman as CEO to Drive Institutional Growth

Tassat Group appointed Glen Sussman as CEO, replacing Zain Saidin, who will remain on the board as a senior adviser. Sussman joined Tassat in 2021...

Tether Appoints Bo Hines as Strategic Advisor for U.S. Market Entry

Tether has appointed Bo Hines as a strategic advisor for its U.S. strategy. Hines previously served as executive director of the White House Crypto...

All Bitcoin Wallet Cohorts Enter Distribution Mode, Glassnode Reports

Current data from Glassnode indicates a shift in Bitcoin (BTC) sentiment across all wallet cohorts, now in distribution mode. The Accumulation...

Dogecoin Analysts Predict 40% Price Move Amid Market Speculation

Dogecoin (DOGE) Market Analysis Analysts suggest Dogecoin may be preparing for a major price move, currently consolidating within a...

Key Levels to Watch as XRP Faces Bear Pressure

XRP faces bearish pressure, with key price levels emerging for investors to monitor. Analyst EGRAG CRYPTO identifies critical support and resistance...

UAE Positioned to Make Crypto Its Second-Largest Industry

The United Arab Emirates (UAE) is becoming a global hub for cryptocurrency due to: Strong regulatory clarity Business-friendly policies Strategic...

U.K. 30-Year Government Bond Yield Surges to 5.61% Above U.S.

The U.K. faces heightened fiscal concerns as long-term government bond yields have surpassed U.S. yields for the first time this century. The...

Bitcoin Risks Drop Below $110,000 After Recent Price Correction

Bitcoin (BTC) is attempting to reclaim support after falling below $115,000. Analysts predict a corrective phase that may result in a 15%-25% drop. ...

New U.S. Nonprofit AIP Launches to Educate Crypto Policymakers

The American Innovation Project (AIP) has launched as a nonprofit 501(c)(3) organization focused on educating U.S. lawmakers on crypto policy,...

Bitlayer Launches YBTC on Solana with Kamino Finance and Orca Partnership

Bitlayer, a bitcoin DeFi infrastructure project, has partnered with Kamino Finance and Orca to introduce its bitcoin-backed token, YBTC, to the...

Lumber Prices Drop Indicates Economic Slowdown Impacting Crypto Markets

Lumber prices have sharply declined, indicating a reduction in builder activity, tightening financing, and consumer hesitation on large purchases....

Chainlink (LINK) Surges Above $26 Amid Record On-Chain Activity

Chainlink (LINK) has risen over 130% since June, reaching $26.6 on August 19, its highest in seven months, and currently trades at $24.17 with a...

Tapzi Launches Presale Focusing on Skill-to-Earn Model in Web3 Gaming

The GameFi sector has struggled with poor gameplay and unsustainable tokenomics, leading to a decline in user engagement. Recent data from DappRadar...

Bitcoin Experiences Short-Term Sell-Off as Market Signals Potential Rebound

Bitcoin experienced a decline from its all-time high of nearly $124,500, leading to increased fear and uncertainty among investors. Short-term...

Ethereum Price Drops 10% After Hitting Key Resistance Level

On-chain data indicates Ethereum faced resistance at historically significant price levels, specifically the Active Realized Price model. Key...

Ripple Provides $75 Million Credit Line to Gemini Amid IPO Plans

Gemini's IPO filing has highlighted its financial struggles and its relationship with Ripple. Key points include: Gemini reported a net loss of...

Crypto and Nasdaq Market Breadth Shows Short-Term Weakness in Bull Run

Market breadth indicators reveal short-term weakness in both the crypto market and the Nasdaq index, while maintaining a long-term uptrend. 63 of...

South Korea Orders Crypto Exchanges to Halt New Lending Products

South Korea’s Financial Services Commission (FSC) has mandated a suspension of new crypto lending products until formal guidelines are established,...

Bitcoin Drops Below $115,000 Amid Declining Binance Buying Power Ratio

Bitcoin (BTC) has dropped below $115,000 for the first time since August 6, indicating potential weakening of bullish momentum. This decline raises...

Crypto Market Sees $270 Million Liquidations Amid Rate Cut Concerns

Crypto markets experienced a significant unwind, resulting in $270 million in liquidations, primarily affecting longs in ETH and BTC. ...
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