Yes, you read the title correctly, and it does appears contradictory. As bitcoin (BTC) nears the $100,000 milestone – a clear sign of strength – the reality is that its actually quite vulnerable to potential negative news. That’s according to the “order book skew ratio,” which shows that buyers have surprisingly pulled back their firepower…
Bitcoin (BTC) pared last week’s gains with a price drop from $98,500 to as low as $95,500 during late U.S. hours on Sunday, before recovering, in a move that sent the broader crypto market tumbling. BTC dropped more than 3.5% from its peak, with a technical and sentimental pullback on the back of profit-taking, which…
The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and Technology Group (TMTG) is primarily owned by U.S. President-elect Donald Trump, who promised to support crypto adoption during his presidential campaign. Trump Media to Expand Business…
The crypto prices today have triggered global investor speculations as Bitcoin (BTC) and major altcoins showed weakening price trends. Meanwhile, The Sandbox (SAND) and Decentraland (MANA) emerged as top gainers. The selloff is likely due to Bitcoin pullback. The global crypto market value dropped 2% to $3.3 trillion, while total market volume declined 5%, now…
In the rapidly fluctuating world of cryptocurrency, notable market movements by whales can set trends and indicate broader market sentiments. Recently, a significant crypto whale has made headlines by unstaking $6.5 million in USD Coin (USDC) from the Aave platform and reallocating the funds across various cryptocurrencies, signaling a strategic diversification amidst current market conditions….
Stellar’s practical use in real-world payments and its efficiency, processing 10x more transactions than Ethereum, sets it apart from speculative projects. With low transaction fees, built-in stablecoin features, and a focus on unbanked communities, Stellar’s growth and vision continue to attract confidence in the digital finance space. After Stellar (XLM) soared 30% amid XRP correlation,…
Huobi’s Heco Chain announces retirement, urging users to redeem HRC20 assets before Jan. 10, 2025.
The US PCE inflation report, FOMC minutes, and Q3 GDP data are crucial for assessing economic health and their impact on both traditional and crypto markets. Market optimism, institutional interest, and the Federal Reserve’s monetary policy decisions will influence the direction of crypto prices heading into December. Following a recent update by CNF on Crypto…
Tether, the world’s largest stablecoin issuer, has minted over $3 billion in USDT in the past 24 hours. This action accumulates the company’s mint in a month. According to LookOnChain’s Nov. 24 post on X, Tether has minted $3 billion…
Polkadot (DOT), the interoperability-focused blockchain network, has experienced a remarkable rally, climbing over 90% following a breakout from its previous downtrend. This surge in price is closely monitored by investors and analysts as DOT approaches critical resistance levels. $DOT Polkadot has rallied +90% since breaking out from its Downtrending Channel The Bullish Divergence has fully…
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