News

Grayscale Files to Convert Zcash Trust to Exchange-Traded Product

Delphi Digital's Simon Shockey highlights a significant development in the Zcash (ZEC) market, emphasizing the emergence of a GBTC-style discount...

Bitcoin Hyper Presale Gains Attention Amid Potential $93K BTC Rally

Key Points: Bitcoin is trading in a tight range, with potential upside towards $93,000. Traders are seeking higher-beta alternatives that track...

Bitcoin Hyper Presale Raises $28.5M Amid Bitcoin Layer 2 Interest

Key Highlights: Bitcoin Hyper integrates Solana's Virtual Machine to deliver high-speed smart contracts within the Bitcoin ecosystem....

Bitwise Files Updated S-1 for Spot Avalanche ETF with SEC

Bitwise Asset Management is set to launch a spot Avalanche ETF, filing an updated S-1 with the US SEC. Key details include: Management fee of...

XRP Price Predicted to Surpass $4 Amid ETF Launches

The XRP price is facing challenges, but investor optimism remains due to recent XRP ETF launches. Despite predictions of a bear market based on the...

Bitcoin Strategy Shows 5.9x Debt Coverage, Institutions Shift to ETFs

Strategy's Bitcoin Rating indicates its $BTC stack covers convertible debt by approximately 5.9 times at the average cost and retains a 2x coverage...

Bitcoin Surges to $91,000 Amid Speculation of Fed Rate Cut

The price of Bitcoin has reached $91,000, indicating a potential market rebound after previous declines. However, analysts remain cautious as...

Ethereum Tests $3,000 as Analysts Predict 50% December Surge

Ethereum (ETH) is attempting to rebound from the Q4 market correction and retest the $3,000 level. This follows a 4.4% daily surge after trading...

Bitcoin Price Recovers to $91,390 Amid High-Risk Market Environment

Bitcoin Recovery Phase Bitcoin price has recovered to $91,000 after a 30% drop to an 8-month low of $80,000. The critical price range...

ETH Price Reclaims $3,000 Ahead of Ethereum Fusaka Upgrade Next Week

Ethereum's Recent Price Movement and Market Sentiment The price of Ethereum has increased by 4%, reaching $3,000. This rise is...

Cardano Open Interest Jumps 6% as ADA Targets $0.50 Retest

Cardano's open interest increased by 6%, indicating leveraged traders may expect a continuation rather than a brief rally. The price is nearing a...

Bitcoin Analyst Suggests $82,000 as Potential New Bottom Level

An analyst suggests that Bitcoin's current cycle bottom may not align with historical bear market patterns. Bitcoin Bottoming Analysis Alec...

1.55B USDC Flows to Coinbase Amid Bitcoin Surge to $91K

Significant USDC inflows into Coinbase have triggered a market-wide buying spree, with a reported net inflow of 1.55 billion USDC over 24 hours,...

Metaplanet Faces 17% Loss as Bitcoin Price Plummets

Metaplanet's Bitcoin Strategy Faces Challenges Metaplanet, likened to Japan's MicroStrategy, holds over 30,000 BTC, valued at $2.7...

Best Wallet Token Raises $17.65M; Presale Ends Tomorrow

Current crypto wallets often face issues of centralization, technical complexity, and lack of user-friendly interfaces. Fragmented tools...

Upbit Faces $38 Million Outflow, Suspends Solana Asset Transactions

On November 27, Upbit, South Korea's leading crypto exchange, reported an unusual outflow of $38.5 million on the Solana blockchain. This affected...

Crypto Trader Opens $44.15M Ethereum Long After Converting 10M USDC

A prominent crypto trader, known as "1011short," converted 10 million USDC into Hyperliquid and opened a long position with five-fold leverage,...

Kevin Hassett Emerges as Frontrunner for Next Fed Chair

Kevin Hassett: Potential Fed Chair Impact on Crypto Market Kevin Hassett, head of the White House National Economic Council, is a...

Bitcoin Faces Critical $89,000 Resistance to Trigger Rally

Bitcoin is at a crucial point, closely approaching a liquidity level that might lead to further losses if not supported by buyers. Current...

Dogecoin Price Rises Above $0.150 Amid Bullish Trend

Dogecoin (DOGE) has shown a steady increase above $0.150 against the US Dollar. DOGE price rose above key levels at $0.1450 and $0.150,...

Dogecoin ETF Debuts with $1.4 Million Trading Volume on NYSE Arca

Grayscale's new spot Dogecoin ETF, ticker GDOG, launched on NYSE Arca with a trading volume of $1.4 million on the first day. Initial...

XRP Price Climbs Above $2.20, Facing Resistance at $2.280

XRP price has increased above $2.20, currently consolidating gains and may rise further if it surpasses $2.280. XRP is trading above $2.20 and...

XRP Rebounds From Channel Bottom, Analyst Predicts Surge to $2.60

Analyst Ali Martinez highlights XRP's recent support at the lower line of a Parallel Channel, suggesting a potential move towards its midpoint. Key...

Ethereum Price Surges Over 5% Above $3,000 Resistance

Ethereum's price has initiated a recovery, rising above $3,000, driven by positive momentum similar to Bitcoin. The price surpassed...

XRP Institutional Inflows Surge With ETFs, Analysts Predict Major Rally

The cryptocurrency market is witnessing an emerging narrative that positions XRP for a significant institutional-driven surge, potentially...

Bitcoin Price Surpasses $90K Amid Recovery Wave and Consolidation

Bitcoin is experiencing a recovery wave, climbing toward $92,000 after breaking a key bearish trend line at $88,000. The price is trading...

Bitcoin Struggles Below $90K Amid Major Long-Term Holder Sell-Off

Bitcoin is currently facing challenges below the $90,000 level, with ongoing selling pressure influencing market sentiment. Recent price declines...

Ethereum Steadies Near $2,900 as Fed Rate-Cut Odds Fuel Rebound Hopes

Ethereum's Position and Market Outlook Ethereum is stable around $2,900 due to improving macroeconomic sentiment and increased whale...

Tether Downgraded to Weak Rating by S&P Global Over Asset Concerns

Tether's USDT stablecoin has been downgraded by S&P Global due to "persistent gaps in disclosure" and an increased allocation of "high-risk...

Bitcoin Breaks 50-Week MA, Analyst Predicts Possible Crash to $38,000

Crypto analyst Tony Severino reports that the Bitcoin price has fallen below the 50-week Moving Average (MA) for the first time in the current...