37 / 43 Relevant items tagged with #altcoins

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First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets

[Jun 5, 2023 6:18 PM] ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko. What's behind its ascent?

Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities

[Jun 5, 2023 10:55 AM] The SEC on Monday charged the crypto exchange and its CEO with violating a number of securities laws, including offering unregistered securities to the public.

First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

[Jun 4, 2023 7:01 PM] ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.

USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum

[Jun 2, 2023 5:30 AM] Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged…

First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst

[Jun 1, 2023 7:42 PM] ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

Tether Surpasses Previous Market Cap Record, Reaching $83.23 Billion

[Jun 1, 2023 8:30 AM] On June 1, 2023, the stablecoin issuer Tether exceeded the dollar-linked token USDT’s previous all-time market capitalization record of $83.2 billion, which was set in May 2022. In the last 186 days, USDT’s market value has surged by…

XRP $1 Threshold On The Horizon? Noted Trader Fuels Speculation

[Jun 1, 2023 1:29 AM] XRP is no stranger to volatility and the excitement it brings. However, when a prominent trader like DonAlt raises the possibility of the crypto reaching the elusive $1 mark, it piques the interest of investors and enthusiasts alike.  The last time…

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

[May 31, 2023 8:02 PM] ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?

Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months

[May 31, 2023 8:30 AM] Three months have passed since Paxos made the decision to cease the production of new BUSD tokens, complying with the directive issued by the New York Department of Financial Services (NYDFS). Since February 13, 2023, 10.62 billion BUSD tokens have…

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

[May 30, 2023 7:03 PM] Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip.

First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?

[May 29, 2023 6:44 PM] ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.

Shiba Inu Network Records 2,538 New Addresses In A Day, Surpassing 3-Month Record

[May 28, 2023 10:00 PM] Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has witnessed a remarkable surge in network activity as it recently recorded an unprecedented number of new addresses. According to data shared by prominent analyst Ali Charts, 2,538 new…

First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal

[May 28, 2023 7:06 PM] ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next…

Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months

[May 28, 2023 12:00 PM] In the past 21 months following Ethereum’s London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute. Standing out as a…

Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes

[May 28, 2023 12:00 AM] The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title…

Whales Flock To XRP, Accumulate 52 Million Tokens In Just 3 Weeks – Here’s Why

[May 27, 2023 7:18 PM] In the world of crypto, the actions of large investors, known as whales, can often provide valuable insights into the market sentiment surrounding a particular digital asset. Recent data has revealed a common trend in the XRP market, as whales have…

Altcoins Across The Sector Are Underbought: Santiment

[May 26, 2023 6:29 AM] On-chain data from Santiment suggests that altcoins across the entire cryptocurrency sector may be underbought right now. MVRV Of The Various Altcoins Suggests Underpriced Conditions According to data from the on-chain analytics firm Santiment…

Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain

[May 25, 2023 9:30 PM] On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are…

First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers' Make Progress in Debt Limit Negotiations

[May 25, 2023 5:45 PM] ALSO: Graphics-chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining, but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology, which is rising in importance.

First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties

[May 24, 2023 6:45 PM] ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.

First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All

[May 23, 2023 6:52 PM] ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes?

Ethereum: Experts Predict Imminent Bull Run Toward $1,900

[May 23, 2023 1:21 AM] Ethereum (ETH), the second-largest cryptocurrency by market capitalization, appears to be on the verge of a potential reversal. Technical analysis shows a compelling case for Ethereum’s potential reversal toward the $1,900 mark. The coin has…

These Top 5 Cryptos Are Seen Making Big Moves This Week

[May 22, 2023 11:43 PM] The top 5 cryptos are treading cautiously as Bitcoin enters its narrowest trading range, reminiscent of July 2020 prices, according to Glassnode. Consolidating within its tightest seven-day range in three years, Bitcoin’s movement indicates…

First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

[May 22, 2023 6:30 PM] ALSO: Former CoinDesk head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge.

First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?

[May 21, 2023 6:53 PM] ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.

Crypto Expert Predicts Ethereum (ETH) To Reach $457,000 – Here’s How

[May 21, 2023 8:45 AM] The world of crypto is filled with fascinating possibilities and unexpected growth. In a recent series of tweets, Adam Cochran, a partner at CEHV, sparked a wave of Ethereum discussions by presenting a compelling case for Ethereum’s token…

Gas Crisis Averted: NFT Marketplaces Witness Dramatic Reduction in Ethereum Fees

[May 19, 2023 2:50 PM] Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in…

First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds

[May 18, 2023 7:46 PM] PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem.

Litecoin Network Surges With Activity as Ordinal Inscriptions Drive Transaction Volume

[May 18, 2023 3:00 PM] Based on recent data, the Litecoin (LTC) network has seen a considerable surge in activity due to an increase in Ordinal inscription minting happening on its blockchain. The cryptocurrency’s value has risen by more than 13% in the past week…

Ethereum Whale Resurfaces After 2-Year Hiatus, Stakes $7.4 Million In ETH

[May 18, 2023 8:20 AM] Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community. An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than…