Bitcoin plummets 20% post-ETF approvals: what’s behind the crash?
The recent approval of several spot Bitcoin exchange-traded funds (ETFs) by the SEC was expected to usher in an era of mainstream adoption and sky-high prices for the flagship Cryptocurrency. Instead, Bitcoin has crashed over 20% from its 2024 high…
RippleX Announces Major Update For XRP Ledger EVM Sidechain, Can This Trigger A Price Recovery
The XRP Ledger ecosystem is currently buzzing with new exciting developments that could potentially propel the price of XRP to new heights. RippleX, an extension of Ripple and an open developer platform has announced new updates for the upcoming…
XRP Faces Bearish Pressures Amid Market Downturn: Analysts Divided On Next Move
XRP, the native cryptocurrency of the Ripple network, became a focal point in the face of the recent downturn in the broader market, facing the consequences of breaching a crucial support level and prompting uncertainties regarding its immediate…
Bitcoin Whales Go On Buying Spree As Price Dips, Here’s How Much They Bought
A recent development shows that Bitcoin whales have refused to be deterred by the recent price action of the flagship cryptocurrency. Instead, they have chosen to see it as an opportunity to accumulate more BTC. This move could turn out to be…
The Solana (SOL) price has witnessed an 11% increase, rebounding to $89.21, following a local low of $78 yesterday. This surge comes amidst a broader market recalibration and can be largely attributed to an announcement from the Solana Foundation…
Recovery Dim? Ethereum Faces Potential Slide Towards $2,000
Ethereum, the linchpin of the decentralized application ecosystem, finds itself navigating a precarious path this week. The cryptocurrency’s value, having breached the pivotal $2,250 support level, now teeters on the edge of a decisive…
SOL Price Recovery Could Soon Fade If Solana Fails To Clear This Hurdle
Solana is attempting a recovery wave from the $80 zone. SOL price could struggle to clear the $92 and $94 resistance levels in the near term. SOL price started a fresh decline from the $104 resistance against the US Dollar. The price is now trading…
Ethereum Price is Primed For a Correction And Only 1 Thing is Holding it Back
Ethereum price is attempting an upside correction from the $2,150 support. ETH could gain pace if it clears the $2,240 resistance zone. Ethereum started an upside correction from the $2,165 zone. The price is trading below $2,240 and the 100-hourly…
Bitcoin Price At Make-Or-Break Moment, Key Levels To Watch
Bitcoin price started an upside correction from the $38,500 support zone. BTC could gain bullish momentum if it clears the $40,500 resistance zone. Bitcoin price is attempting a recovery wave from the $38,500 support zone. The price is trading…
Bitcoin ETF Day 8 Update: Market Rebound Signals Bottom As Grayscale Selling Slows Down
Since the approval of Bitcoin ETF applications by the US Securities and Exchange Commission (SEC) on January 11, followed by the commencement of trading a day later, the ETF race has witnessed impressive trading volumes on each trading day. As the…
Ethereum Is The Biggest Winner In Post-ETF Approval Market: Glassnode
While Bitcoin has struggled since the much-anticipated spot ETFs have gone live, Ethereum has emerged as a winner in the sector. Ethereum Has Done Better Against Both Bitcoin And Altcoins Recently In its latest weekly report, the on-chain analytics…
Solana Unveils Token Extensions As SOL Bounces Back, Surging 5%
The Solana Foundation, a non-profit organization dedicated to decentralization, adoption, and security on the Solana network, has launched token extensions. Solana Token Extensions Gains Traction According to a January 24 announcement, token…
Crypto Wallets Drained Off $600K Due To Ignored Phishing Attack
On January 23, Wallet Connect and other web3 companies informed their users about a phishing scam using official web3 companies’ email addresses to steal funds from thousands of crypto wallets. A Massive Phishing Campaign Wallet Connect took…
Bitcoin Fear & Greed Index Reaches Lowest Level In Three Months, Is The Bleed Over?
Amid the current market turmoil, the Bitcoin Fear & Greed Index has continued on a sharp decline. This decline has seen the index fall to its lowest level in over three months as crypto investors become more fearful and hold their investments…
The ongoing saga of the Mt. Gox exchange casts a shadow over the Bitcoin community, even years after its dramatic collapse. Recent developments have stirred the pot again, with Mt. Gox reaching out to former users to confirm ownership of accounts…
FTX Unloads $1 Billion GBTC Shares; Will The Bitcoin Rally Be “Vicious”?
Fred Krueger, an investor and crypto analyst, is predicting a “vicious” Bitcoin (BTC) rally shortly. He cites the recent unprecedented accumulation of the coin by Wall Street heavyweights. This surge in institutional interest coincides with the…
Bitcoin Repayments: Mt Gox Starts Verifying Addresses For 200,000 BTC In Payouts
Defunct Japanese-based cryptocurrency exchange, Mt. Gox has taken the next steps toward its Bitcoin distribution process to customers who were previously affected by its 2014 hack attack. The crypto exchange has delivered mass emails to account…
Shiba Inu Team Teases ‘Next Big Thing’ As ‘Big Money’ Eyes SHIB
Shiba Inu marketing lead Lucie has ignited the community’s excitement with a teaser about the project’s future. On X, the platform that has taken the place of Twitter, Lucie dropped a tantalizing hint about what’s to come for the…
Crypto Carnage: OKB Flash Crash Wipes 25% Off Value In Minutes – Here’s What Happened
Yesterday, the cryptocurrency market went through a tumultuous ride, witnessing an overall dip of 5%. However, amidst the chaos, one token stood out: OKB, the native token of the OKX exchange. It experienced a dizzying flash crash followed by a…
Analysts Reveal Next Steps As Solana Corrects Hard After 1000% Rally
Several analysts have given their opinion on what lies ahead for Solana (SOL). Based on their prediction, the crypto token could experience a further move to the downside as part of a price correction that seems overdue following its parabolic rise…
When Will Bitcoin Downtrend End? This Signal Could Be One To Watch
An analyst has explained that a futures market signal could be one to wait for before the latest Bitcoin drawdown can finish. Bitcoin Funding Rates Are Still In The Positive Territory As pointed out by an analyst in a CryptoQuant Quicktake post…
Post-ETF Pain: Bitcoin Plunges 20% – And Drowns The Crypto Market In A Sea Of Red
Bitcoin has dropped over 20% from its three-year high reached shortly after the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded funds (ETFs) in January. Analysts cite a combination of profit-taking…
Bitcoin Goes To The Doctor: 5 Key Metrics For BTC In 2024
The Bitcoin network and its underlying assets have evolved since its launch in 2009, and keeping up with the changes and updates can be challenging. In a post, financial strategist Lyn Alden broke down five key metrics to help BTC investors assess…
US Bank Foresees Major Bitcoin Price Drop To $20,000
The crypto space is currently facing bearish signals as the price of Bitcoin has failed to maintain crucial levels at $42,000, slipping to $39,909 at the time of writing. United States financial service provider Deutsche Bank, foresees even more…
XRP Bears Looming: Analyst Predicts Potential Drop To $0.28
Amid the bearish sentiment encompassing the crypto market, XRP has experienced a notable decline to the pivotal $0.51 price, which has led to several predictions from analysts concerning the price action of the token. Could The Price Of XRP Fall To…
Real Reasons For Bitcoin Price Crash Revealed, Not GBTC: Arthur Hayes
In his latest essay, Arthur Hayes, the founder of BitMEX, articulates a contrarian perspective on the recent downturn in Bitcoin’s price, refuting the mainstream narrative that attributes the decline to outflows from the Grayscale Bitcoin…
Lone Survivor: Ronin (RON) Rallies 20% As Top 100 Cryptos Bleed
Today’s surge in the price of RON has caught the attention of the cryptocurrency market, with the Ronin token going up by more than 200% in the last month. In its first nine months, Ronin has racked up 250,000 unique daily active addresses…
BNB Price Could See Major Drawdown If It Fails To Stay Above This Support
BNB price started a fresh decline from $320 resistance zone. The price is now retesting the $290 support and is at risk of more downsides. BNB price is gaining bearish momentum from the $320 resistance. The price is now trading below $310 and the…
Ethereum Price Plunge To $2K Imminent as Key Support Line Crumbles
Ethereum price extended losses and tested the $2,150 support. ETH is struggling to recover and might continue to move down toward the $2,000 support zone. Ethereum started a fresh decline below the $2,350 and $2,250 levels. The price is trading…
Bitcoin Price At Risk? Grayscale’s $335M Coinbase Transfer Stirs $30,000 Plunge Potential
The Bitcoin price has experienced a notable shift as selling pressure mounts, with BTC bears gaining the upper hand. Asset manager Grayscale, the owner and manager of the Grayscale Bitcoin Trust (GBTC), is a significant contributor to this trend. …
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