Bitcoin CME Futures Spread Slides to $490, Undoing The ‘Trump Bump’ in BTC
The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.
Japanese Tech Giants Sony and LINE Join Forces in Blockchain Deal
The integration will bring four gaming applications from Japan's largest social platform to Sony's blockchain network, Soneium.
Bitcoin Bearish Signal: Miner Deposits To Exchanges Spike
On-chain data shows that Bitcoin miner exchange inflows have shot up recently, something that could extend BTC’s price drawdown. Bitcoin Miner To Exchange Flow Metric Has Seen A Spike As pointed out by an analyst in a CryptoQuant Quicktake post, miners are upping their selling pressure. The on-chain indicator of relevance here is the “Miner […]
Is Ethereum Foundation’s 30,000 ETH Really At Risk? Here’s The Truth
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced renewed downward pressure amid a widespread market crash. After reaching a mid-December high of $4,107—still below its November 2021 all-time high of $4,868—ETH slipped below $1,800, marking a 53% drop from its December peak. But while traders scramble to assess the depth of this current […]
US Treasury Targets Bitcoin And XRP Growth—Big Win For Crypto?
David Sacks, the White House’s crypto czar, has disclosed the intentions of the Treasury Department to concentrate on increasing the value of Bitcoin, XRP, and other digital assets that the US government owns. This, after US President Donald Trump signed an executive order to establish a strategic reserve of cryptocurrencies by using tokens already held […]
Dogecoin’s 66% Pullback Not Out Of The Ordinary, Here’s What Happened The Last Two Times
Dogecoin’s price has been on a wild ride with a wave of steady declines in recent weeks. This decline has caused the meme coin to lose various support levels amidst a steady increase in selling pressure. Notably, this decline has resulted in a pullback of about 66% from the December 2024 high. Such a 66% […]
Ethereum Tests Critical MVRV Levels – Failure to Hold $2,060 Could Send ETH To $1,440
Ethereum (ETH) has officially lost the $2,000 mark, trading below this key level for the first time since 2023 and reaching its lowest point since October 2023. The price plummeted as low as $1,750, marking a dramatic drop from its December 2024 high of $4,100. This staggering 57% decline has created a difficult environment for […]
Bitcoin Price Crash: 6 Key Events To Watch Out For In Crypto This Week
The ongoing Bitcoin price crash is a testament to the growing volatility and uncertainty in the crypto market. As Bitcoin faces more downward pressure, the market braces for a wave of key economic reports this week that could influence prices. Bitcoin Price On Edge As Market Awaits Key Economic Reports After weeks of strong performance, […]
U.S. House Votes to Overturn IRS DeFi Broker Rule
The IRS broker rule would have been impossible to comply with for DeFi entities, one of the resolution's proponents said.
Dogecoin’s Price Drop Laying The Groundwork For A Major Upside Move, A New All-Time High Close?
Dogecoin’s recent bearish performance in the past several weeks has cast doubts about its potential in the ongoing bull market cycle and its long-term prospects. DOGE may have declined sharply toward key levels last seen in 2024, but many analysts foresee a price reversal, which could be part of a larger bull trend. Trader Tardigrade, […]