Bitcoin’s Price Is Running the Same Playbook That Led to a 400% Surge But There’s a Catch
Popular analyst Merlijn The Trader outlined in a recent post on X that bitcoin’s current setup resembles, to a large extent, its market behavior in late 2022 when the asset actually skyrocketed by triple digits from bottom to top. To even have the theoretical chance of doing so, though, Merlijn outlined the key level BTC […]
Hong Kong Nears First Stablecoin Licenses as HSBC and Standard Chartered Lead Approvals
Hong Kong regulators are preparing to grant the city’s first stablecoin issuer licenses as the government advances its regulated digital asset strategy. HSBC and Standard Chartered are major banks that would be amongst the first approved institutions. Regulators are still screening applications as they complete the first licensing procedure. Hong Kong approving stablecoin licenses for […]
Bitcoin Foundation For A Mid-Term Breakout Remains Thin, Cost Basis Data Shows
On-chain analytics firm Glassnode has highlighted how Bitcoin has only seen a relatively thin accumulation band form during the recent consolidation range. Bitcoin STH CBD Shows Accumulation Remains Thin In a new post on X, Glassnode has talked about the latest trend in the Bitcoin Cost Basis Distribution (CBD) of the short-term holders. The CBD […]
Dogecoin Price Can Still Cross $1: Historical Cycle Performance Points To 750% Rally
The dogecoin price trending below $1 means that the meme coin is still around a 1,000% rally from hitting the coveted $1 level. Despite the expectations over the years, the digital asset has not performed well, instead ending its 2024 rally before it even got to its present all-time high of $0.74. However, this poor […]
Is XRP Basically a Bank Wearing a Hoodie? Analysts Clash Over Ripple’s True Role
Ripple and its native non-stablecoin have a substantial community, but also a fair share of critics due to some of the core implementations. Its growth in popularity over the past several years has been quite astonishing, which sometimes even surpasses its market rise. As such, whenever someone, especially a high-profile figure within the crypto industry, […]
KuCoin Launches Tesla and Strategy Stock Perpetual Contracts Settled in USDt
KuCoin has introduced equity-linked perpetual derivatives that track major company stocks including Tesla and Strategy. The contracts allow traders to speculate on stock price movements without holding the shares. The exchange settled the contracts in USDt stablecoins. Traders can access the markets at any time through continuous crypto trading infrastructure. 📣 NEW: #KuCoin launched stock-linked […]
US Appeals Court Denies Custodia Bank Rehearing in Fed Case
The U.S. appeals court has denied a rehearing for Custodia Bank’s legal challenge against the Federal Reserve over access to the U.S. banking system. The decision maintains a previous court ruling that allows Reserve Banks to make their own decision regarding access to master accounts. The Tenth Circuit Court of Appeals ruled on March 13.
Custodia Bank Loses Final Court Appeal Over Federal Reserve Master Account
A US federal appeals court has rejected Custodia Bank’s final attempt to challenge the Federal Reserve’s authority over granting master accounts, bringing an end to the crypto-focused bank’s five-year legal fight for direct access to the central bank’s payment infrastructure. Key Takeaways: A US appeals court refused to hear Custodia Bank’s final appeal, ending its […]
Tether Launches USAT Stablecoin in the U.S. While Exploring Fundraising Near $500 Billion Valuation
Tether is expanding its operations in the United States as the stablecoin sector enters a new regulatory phase. The company recently introduced a new digital dollar designed for the American market. At the same time, Tether is studying fundraising plans that could value the firm near $500 billion. The strategy shows the company’s intention to […]
Hyperliquid (HYPE) Could See Prices Reach $190 In Optimistic Market Capture Scenario
Decentralized exchange (DEX) Hyperliquid (HYPE) is experiencing a notable surge in its key metrics, positioning itself as a preferred trading platform amid rising tensions in Iran. This increased activity has propelled HYPE to outperform the market’s leading cryptocurrencies, boasting a major 23% gain over the past week. However, market analyst Ali Martinez has indicated that […]
Bittensor (TAO) Surges Toward $286 Following Strong Parabolic Support Hold
Bittensor (TAO) is showing strong bullish signals as its price experienced a recent surge. It is currently holding its support levels, which indicates that its bullish trend is still intact. Its technical indicators are showing signs of increased buying, which could mean that its uptrend will persist. At the time of writing, Bittensor (TAO) is
Ethena (ENA) Set to Surge to $0.75 After Strategic Infrastructure Pivot
Ethena (ENA) is navigating a period of market volatility as the project consolidates within a key technical pattern. Traders and analysts are closely watching recent developments, including a strategic shift in the company’s business model, which could reshape its position in the stablecoin ecosystem and influence investor sentiment in the weeks ahead. ENA is currently