Bitcoin’s crash triggered cascading sell-offs, leading to sharp declines across Ethereum, XRP, Dogecoin, and Solana.$1.17B liquidations highlight market volatility, with Bitcoin’s dominance influencing broader crypto movements. The cryptocurrency market faced a sharp pullback as Bitcoin tumbled 7% to $97,020, just two days after reaching a record high above $108,000. Previously, after Bitcoin crashed below $53,500,...
The Bitcoin bullish wave continues with support levels identified at $80K, $90K, and $100K for daily and weekly trends.Accumulation remains the primary strategy for whales, signaling long-term optimism for Bitcoin and the broader crypto market. Bitcoin momentum in the crypto market continues to attract traders and investors, with analysts providing insights into the top digital...
ASIC sues Binance Australia for misclassifying over 500 retail clients, denying them proper consumer protections for derivatives.Binance compensates affected clients with $8.29 million, while ASIC seeks further penalties to enforce compliance and investor safeguards. The Australian Securities and Investments Commission (ASIC) has filed legal action against Binance Australia Derivatives, accusing the company of misclassifying over...
Bitfinex analysts project Bitcoin could reach $145,000 by mid-2025, with a best-case scenario pushing its price to $200,000 due to growing institutional adoption.Spot Bitcoin ETFs have attracted $36 billion in institutional investments, bolstering Bitcoin’s bullish outlook and 2025 all-time high predictions. After crossing $108,200 yesterday, Bitcoin is gaining significant traction, with analysts at Bitfinex forecasting...
XRP is reported to be poised for an explosive run due to six main factors, including the recent approval of the RLUSD and Donald Trump’s re-election. Another catalyst for a potential surge is the significant increase in daily transactions on the XRP Ledger. XRP has currently reclaimed its position as the third largest crypto by market...
The WBTC delisting faces criticism for unclear reasons tied to Justin Sun’s legal issues.Many question the fairness, as the platform behind the move is also under investigation. Coinbase’s decision to delist Wrapped Bitcoin (WBTC) in November raised quite a stink in the cryptocurrency community. The exchange mentioned in its announcement that Justin Sun, the founder...
Litecoin’s price surged 30% in a month, reaching $129.50, driven by miners accumulating $18 million worth of LTC within a week.Miners’ $17.7M investment tightened supply during strong demand, fueling bullish sentiment and positioning Litecoin for a potential breakout above $135. Litecoin (LTC) has seen a meteoric rise, with its price surging to $129.50 on Binance...
Arthur Hayes has predicted that Bitcoin and the broader market will dump hard in the coming weeks.Despite this, the BitMEX co-founder sees a bigger Bitcoin boom ahead. As the US Presidential inauguration on January 20, 2025, approaches, former BitMEX CEO Arthur Hayes has predicted a pessimistic outcome for crypto. In his latest essay, Hayes stated that...
Bitwise has predicted Ethereum could lead the growth of tokenized real-world assets.Large holders are accumulating Ethereum, with 104 wallets controlling 57% of its circulating supply. Ethereum’s position in the tokenization of real-world assets (RWA) is gaining momentum, supported by predictions from Bitwise’s Senior Investment Strategist, Juan Leon. Tokenized assets are now mostly held in the...
Omni Core’s launch simplifies Ethereum rollup interactions using innovations like restaking and cross-chain messaging, addressing $58 billion in fragmented TVL.Backed by $18 million, Omni integrates Ethereum’s EVM with Cosmos’ CometBFT to boost interoperability, laying the groundwork for advanced DeFi solutions. Omni Network has launched its Omni Core mainnet, a pivotal step in addressing Ethereum Layer...