HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO
Ultra-low fees kept monetization in the basis-point range, leaving revenue unable to offset steep losses despite surging Hong Kong trading volumes.
Is This Why Ripple’s XRP Dropped to $2 Today?
Another month has started on a similar note as the previous, with the cryptocurrency market bleeding heavily, and nearly $200 billion leaving the space in less than 12 hours. There seems to be no actual catalysts behind the latest crash, aside from over-leveraged market participants. Nevertheless, some altcoins have been hit worse than others, such […]
Elon Musk Predicts the Death of Money, Suggests Energy-Based Bitcoin Will Survive
Elon Musk painted a future where money fades from everyday life, while energy-based value takes its place as the key measure of wealth and power. Speaking on a recent podcast with Indian entrepreneur and investor Nikhil Kamath, Musk said that he thinks “money disappears as a concept” eventually. He called that idea “kind of strange,” […]
Grayscale to Launch First US Spot Chainlink ETF This Week, Says Nate Geraci
Grayscale is set to roll out the first US spot exchange-traded fund tied to Chainlink as early as this week, according to Nate Geraci, co-founder of ETF Institute. Key Takeaways: Grayscale plans to launch the first US spot Chainlink ETF this week, converting its private LINK trust into a publicly traded fund. Bloomberg Intelligence analyst […]
4 Things That Could Further Impact Crypto Markets in Week Ahead
The focus this week is on labor markets and backdated PMI reports, with September’s PCE inflation report also due. Investor outlook mostly improved last week as rate-cut expectations firmed, with CME futures pricing an 87% chance of a rate cut on December 10. Meanwhile, President Trump says he has decided who will be the next […]
Dogecoin (DOGE) Turns Red Again — Are Traders Bracing for Deeper Declines?
Dogecoin started a fresh decline below the $0.150 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1420. DOGE price started a fresh decline below the $0.150 level. The price is trading below the $0.1450 level and the 100-hourly simple moving average. There was a break below a key […]
Yearn Finance Confirms $9 Million Loss After Unauthorized yETH Minting Incident
Yearn Finance reported a major security incident after an attacker gained access to a custom pool and created an unlimited volume of yETH tokens. The event caused nearly $9 million in losses and prompted immediate investigation efforts. The platform stated that the issue involved a legacy product and did not affect active vaults. The breach […]
Bitcoin Tumbles Toward $85K, Crypto Markets Shed Close to $200 Billion
Bitcoin’s price dropped by close to $6,000 a few hours ago, decreasing from over $91,000 to almost $85,000 on Binance. The sharp decline happened in less than a few hours, leaving over $650 million worth of liquidated positions – a stark 390% increase as opposed to the previous 24 hours. Source: TradingView As CryptoPotato reported yesterday, the […]
Rising Japanese bond yields could shake global carry trade, crypto
Japan’s 10-year bond yields surged to 1.86%, the highest since 2008, threatening to unwind the yen carry trade that funneled trillions into risk assets.
XRP Price Dips Under Crucial Support, Putting Spotlight on Lower Price Targets
XRP price started a fresh decline below $2.150. The price is now struggling and faces resistance near the $2.10 pivot level. XRP price started a fresh decline below the $2.150 zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with […]
Crypto Markets Track Powell’s Tone as Rate-Cut Expectations Reach High Levels
Jerome Powell’s December 1 speech enters focus as markets weigh upcoming policy shifts and track crypto reaction. Traders expect fast responses as new signals could change short-term momentum and guide pricing across Bitcoin and altcoins. Bitcoin Outlook Before Powell’s Speech According to a post on X by Crypto Rover, markets track Powell’s approach as the […]
Bitcoin Didn’t Crash From Selling—It Crashed Because Buyers Disappeared. Can BTC Price Recover?
Bitcoin remained within a range-bound consolidation and closed the monthly trade above $90,000, raising hopes for a bullish yearly close. Yet, the BTC price crashed hard below $86,000 and created a ripple effect within the markets. The global crypto market cap slumped below $3 trillion, wiping out nearly $140 billion, while the ETF accumulation also […]