Decentralized finance (DeFi) cryptocurrency Cardano (ADA) has recorded an uptick in whale activity, a shift that remains key to helping the asset sustain its price above $1. The whales accumulated over 100 million ADA in the past 24 hours, coinciding with a period when the token attempted to stabilize around the $1.22 spot, according to data shared by
Given the historic run, investors are now wondering how far the rally has to go before President-elect Donald Trump regains a second term. This year’s crypto market rally continues to post impressive gains following a significant surge late Wednesday evening from the world’s largest digital asset. Bitcoin breached the vaunted $100,000 at 9:45 pm ET,
The cryptocurrency market experienced a significant wave of liquidations, totaling over $588 million in the past 24 hours, with XRP, Bitcoin, and Ethereum being the most affected. XRP’s price surge and subsequent correction led to over $69 million in liquidations, while Bitcoin and Ethereum saw $60 million and $57.94 million in losses, respectively. The market
The former head of the world’s largest crypto exchange Binance, Changpeng Zhao, also known as CZ, has shaken the crypto space with an interesting post today. CZ, in his address to the public, attached a photo of a keyboard with the Alt key in focus. Zhao accompanied his post with a caption asking the question, “which
XRP is on an upward tear, with the cryptocurrency trading at its highest price level in about seven years while sustaining significant capital inflows. To put this momentum into perspective, in the last 24 hours, XRP has recorded an inflow of about $26 billion, bringing its market cap to $133 billion as of press time. This inflow
Altcoin season seems to be in full swing — while Bitcoin (BTC) has struggled to breach the $100,000 price point and retreated to $95,546, as of press time, cryptocurrencies with smaller market caps have not faced similar headwinds.In this environment, many traders divert their attention, choosing instead to focus on either altcoins or meme coins.
As Bitcoin (BTC) hovers near the $100,000 mark, on-chain data indicates increased demand for the pioneer cryptocurrency, a move likely to act as a catalyst for achieving the six-figure valuation. Particularly, open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached record-breaking levels, exceeding 40,000 contracts for the first time in history, according to data
The cryptocurrency market currently navigates in a slightly bearish momentum, with most cryptocurrencies accumulating losses in a downtrend. Bitcoin analysts, (BTC) could break from its six-month “reaccumulation” sideways range between mid-September and early-October if history repeats. A historical analysis from Rekt Capital on X highlighted the chart pattern that uses the bitcoin-halving as a breakout baseline. As posted, the trader explained that BTC tends to break from consolidation
BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows.
Bit coin The drop in mining difficulty should spell relief for the largest mining firms