Kategorie: Uncategorized
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Biggest red weekly candle ever: 5 things to know in Bitcoin this week
Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer.Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle.CPI and PPI are due as markets enter a broad risk-off phase an…
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Is XRP price going to crash again?
XRP (XRP) price has recovered from its low of $1.94 reached on Feb. 28, but it’s still trading below a key resistance zone. Will XRP’s price drop further in the coming days?XRP/USD daily chart. Source: Cointelegraph/TradingViewXRP price must hold above $2.00Today’s drop …
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Bitcoin ‘Monte Carlo’ model forecasts $713K peak in 6 months
Bitcoin (BTC) registered a daily and weekly close at $80,688 on March 9, the lowest close since Nov. 11, 2024. Bitcoin also dropped below its key 200-day exponential moving average (200-D EMA) for the second time in two weeks, indicating further high time frame (HTF) weakness in the…
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Crypto ETPs see 4th straight week of outflows, totaling $876M — CoinShares
Cryptocurrency exchange-traded products (ETPs) recorded a fourth straight week of outflows, with $876 million in losses during the past trading week.After posting record weekly outflows of $2.9 billion last week, crypto ETPs continued their downward trend, bringing the four-week tot…
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Crypto firms spent $134M on 2024 US elections, raising influence concerns
Cryptocurrency companies spent more than $134 million on the 2024 US elections, fueling concerns about their growing political influence and potential risks to regulatory stability, according to a report by the Center for Political Accountability (CPA).The growing connection of cryp…
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Crypto mixers and crosschain bridges: How hackers launder stolen assets
What are coin mixers, and how are they used in high-profile hacks? Crypto mixers, or tumblers, are basically smart contracts used to hide the origin of crypto transactions. Hackers send their cryptocurrency to a mixe…
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Unichain, Berachain lead blockchain growth in past month — Nansen
Uniswap’s newly launched Ethereum layer-2 network, Unichain, was the fastest-growing blockchain in its debut month, according to blockchain data firm Nansen.Unichain, which launched its mainnet on Feb. 11, saw 236,452 active addresses in its first month, according to blockchai…
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Strategy’s Bitcoin stash still up over $7B despite market downturn
Software intelligence firm turned Bitcoin investment behemoth Strategy remains $7.8 billion in profit on its Bitcoin holdings despite the cryptocurrency’s recent drop to $80,000.On March 10, Bitcoin (BTC) recorded its largest weekly decline on record, shedding more value in th…
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Michael Saylor’s Strategy to raise up to $21B to purchase more Bitcoin
Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, is looking to raise up to $21 billion in fresh capital to purchase more BTC.On March 10, Strategy announced that it had entered into a new sales agreement that would allow the firm to issue a…
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Singapore Exchange to list Bitcoin futures in H2 2025: Report
Singapore Exchange (SGX), the largest exchange group in Singapore, reportedly plans to debut Bitcoin perpetual futures in the second half of 2025.SGX is working to introduce Bitcoin (BTC) perpetual futures for institutional and professional investors in an effort to “expand in…