Jan 23 2025
Einstein: ETH is trapped between the 100-day MA ($3.1K) and the $3.5K resistance level. A decisive move in either direction will likely determine the mid-term trend. The Funding Rates metric offers valuable insights into the sentiment within the perpetual futures markets, helping to gauge the likelihood of a recovery. ETH broke down from an ascending …
Jan 21 2025
A Russian national has been handed a prison sentence for utilizing cryptocurrency to aid the Ukrainian Armed Forces financially. The individual, an employee of a diamond mining company, was found guilty of transferring funds to Ukrainian forces via cryptocurrency. The financial assistance was directed toward a unit of the Armed Forces of Ukraine (AFU), aiding …
Jan 20 2025
Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football and he is a keen fan of …
Jan 16 2025
Bitcoin’s price is currently losing a key level, which could lead to a deeper correction in the coming weeks. On the daily timeframe, the asset has been rejected from the $100K resistance level twice in the last couple of months. This failure to continue higher has led to a drop toward the $92K support zone, …
Dec 26 2024
Ripple is navigating a pivotal range between $1.8 and $3, with recent price action highlighting the likelihood of a consolidation phase. A breakout from this range will likely determine its next significant trend. During the 4-hour timeframe, XRP consolidates within a descending wedge pattern, which often signals a potential bullish breakout if breached upward. While …
Dec 25 2024
The total capitalization dropped by more than $300 billion as Bitcoin’s price went on a complete rollercoaster. The first few days of the week started as we are more or less used to by know – up only. The market was anticipating the results of the meeting of the US Federal Result. During the meeting, …
Dec 25 2024
Metaplanet Inc. plans to issue ¥5.0 billion ($31.9 million) in ordinary bonds to accelerate its Bitcoin buys. The offering will carry no interest and be redeemed at face value, with each bond worth 100 yen per 100 yen principal amount. The scheduled issuance date is December 20, 2024, with the maturity date set for June …
Dec 25 2024
On Dec. 23, Chainlink announced a novel oracle solution designed to enable DeFi applications to “recapture non-toxic Maximal Extractable Value (MEV)” Currently, when DeFi protocols use price oracles, such as during liquidations, value is captured by third parties, including searchers and validators. None of this value returns to the protocols or oracles that created these …
Dec 24 2024
Sam Bankman-Fried is serving a 25-year sentence for his role in the collapse of FTX. Speculation of a presidential pardon has been fueled by high-profile figures and shifting political tides. A major Trump ally, Elon Musk, for one, will be “shocked” if US President Joe Biden does not grant an early pardon to the disgraced …
Dec 21 2024
BlackRock’s iShares Bitcoin Trust (IBIT) reached $58.57 billion in assets under management (AUM) in less than a year. This is nearly double the figure that the BlackRock iShares Gold Trust (IAU) took 20 years to attain. Earlier this month, Ki Young Ju, the founder and CEO of the market analytics platform CryptoQuant, tweeted that IBIT …