Ripple Forms Spinning Bottom Pattern: What Does it Mean for XRP’s Price?
XRP has formed a candlestick pattern that suggests a potential bullish reversal. The asset has been in a nosedive state for the past several weeks, dropping by more than 20% since its peak in mid-July. New Leg Up? The technical term spinning bottom occurs when the underlying asset’s price goes through wide swings in both […]
No Fireworks, Just Grind: Bitcoin Could Drift To $1M Over 7 Years: Analyst
According to pseudonymous Bitcoin analyst PlanC, the road to $1,000,000 per coin might look a lot less pronounced than many expect. PlanC floated the idea that, instead of sharp parabolic runs, Bitcoin could “slow-grind” higher — inching upward over the next seven years and quietly reaching $1 million by 2032. What if the earlier “Bitcoin […]
Citi Says Stablecoins and AI Could Drive Post-Trade Shakeup
The global post-trade industry is entering a new phase of transformation driven by digital assets and AI, according to Citi’s latest “Securities Services Evolution” whitepaper. The bank’s fifth annual survey, which gathered input from 537 market participants including custodians, broker-dealers and asset managers, highlights how tokenization, accelerated settlements and AI-driven automation are reshaping trade processing. […]
Bitcoin short-term holders spark rare BTC price bottom signal at $107K
Bitcoin speculators are driving a market reversal signal only seen during two long-term BTC price bottoms over the past year.
[LIVE] Crypto News Today, September 2 – Bitcoin Again Above $110K And WLFI Crypto Price Recovers +17% From The Bottom: Next Crypto To Explode?
BTC ▲0.80% is back above $110K, trading around $110,300 after dipping as low as $107K yesterday. The bounce comes even as both Bitcoin and Ethereum spot ETFs showed outflows, keeping the overall market cautious. On September 1, crypto ETFs saw strong outflows. (Source: BTCUSDT) Bitcoin ETFs lost 631 BTC ($68.8M), mostly from VanEck (627 BTC), now […]
David Bailey Says Bitcoin Needs to Slay ‘Two Massive Whales’ Before Hitting $150K – Who Are They?
Bitcoin CEO and Trump crypto policy adviser David Bailey claims two massive whales are preventing Bitcoin from reaching $150,000, with one down and another halfway eliminated. The cryptic reference points to large-scale Bitcoin holders who executed multi-billion-dollar sales, creating downward pressure that has kept prices below Bailey’s ambitious target, despite the momentum of institutional adoption. […]
Night of Terror For Paid Crypto Influencers: ZachXBT Spotlights The Dirtiest Players in Crypto Twitter
Once again, 2D crypto investigator ZachXBT shook the crypto Twitter space by revealing that more than 200 influencers had not disclosed their paid promotions. A spreadsheet with how much they charge and links to wallets where they have received the funds makes it even spicier. ZachXBT claims that at max, only five out of those […]
ETH Price and Altcoin Market Show Multiple Interesting Signals Sending Traders Into Action
The crypto community remains in a relatively stable condition despite the $524.87 million being wiped out in crypto liquidations over the last 24 hours. Most analysts and traders are prepared for a much deeper market correction later this month and have been taking a cautious approach since BTC and ETH both set new ATH prices […]
BNB Chain-Based Venus Protocol Drained of $27M on Suspected Contract Compromise
Venus Protocol, one of the largest lending platforms on the BNB Chain, was hit by a suspected exploit on Tuesday with attackers seemingly draining an estimated $27 million worth of assets. On-chain sleuths said they suspect the protocol’s Core Pool Comptroller contract was updated to a malicious address, which then siphoned off tokens including vUSDC […]
Bitcoin Hits Lowest Since July with Support at $105,000 in Focus
Bitcoin has dropped to its lowest position since July 9, and because of that, it creates discussions about whether the current market cycle is robust or not. The concatenation by some investors believe that the concatenation signals the commencement of a more corrective swing, while the view that the move is a natural cooling of
Federal Reserve Rate Cut Could Spark a Revival in Bitcoin’s Basis Trade
The big question for bitcoin (BTC) is whether the basis trade, an attempt to profit from the difference between the spot price and the futures market, will return if the Federal Reserve cuts interest rates on Sept. 17. There’s a 90% chance the Federal Open Markets Committee will cut the federal funds target rate by […]
MemeCore (M) Enters Top 100 Alts With 30% Surge as BTC Reclaims $110K: Market Watch
Bitcoin’s gradual price recovery continued as the asset jumped past $110,000 for the first time since Friday, when it was violently rejected. Most altcoins have failed to produce any gains over the past day, including CRO, which continues its substantial correction following the recent mind-blowing rally. BTC Eyes $111K It’s been a tough few weeks […]