Pi Coin has seen significant price movement recently, experiencing a notable drawdown that brought it close to crucial support levels. Despite this decline, the altcoin managed to hold its ground above a potential all-time low (ATL). Inflows from investors are now providing the much-needed momentum for Pi Coin’s recovery. Pi Network Is Gaining Traction The…
$1.9 billion in FTX repayments could soon enter the crypto market, providing a bullish outlook for crypto prices. This follows an announcement by the estate of the defunct exchange regarding the resolution of undisputed claims, clearing the way for the next repayments. The Market Awaits Next FTX Payouts Of $1.9 Billion In a press release,…
Bit Digital, a Nasdaq-listed crypto firm, is deepening its commitment to Ethereum as it pivots from its previous Bitcoin-centric operations. In a July 25 filing with the US Securities and Exchange Commission (SEC), the company proposed a significant increase in authorized share capital, from 340 million to 1 billion ordinary shares. Bit Digital Proposes $10…
Providing fresh market insight on X, Cryptowzrd revealed that Chainlink ended the session on a bullish note, with signs pointing to further upside pressure. As LINKBTC gains momentum and Bitcoin’s dominance trend declines, the setup appears promising. Cryptowzrd noted he will be monitoring the intraday chart closely for the next scalp opportunity, particularly if LINK…
Decentralization was blockchain’s founding promise—but in finance, milliseconds move markets. Unless Web3 can match Wall Street’s sub-second speed, users will keep choosing the faster rails of traditional finance. We see this in decentralized networks like Ethereum, which processes around 15 transactions per second, compared to Visa’s 24,000. Ever since the internet irrevocably changed finance, the…
The Nigerian Securities and Exchange Commission (SEC) has announced the nation’s willingness to embrace stablecoin businesses within its borders. This event marks a crucial development in Nigeria’s crypto regulation after the West African giant began to change its hostile approach against the virtual asset industry in 2023. We Will Deal With Stablecoins But On Our…
Bitcoin’s muted volatility phase continues, with structural support holding firm. The market’s next decisive move will likely be shaped by reactions at the $114,000 and $111,000 support zones. BTC Price Analysis: Technicals By Shayan The Daily Chart Bitcoin continues to consolidate within the narrow $116K–$120K range, marked by low volatility and subdued price action. This…
BitMEX co-founder Arthur Hayes has declared that the OG NFT collection CryptoPunks will outperform Ethereum (ETH) in this cycle, citing internet status culture as the primary driver. With NFT market volumes exploding and Ethereum showing bullish momentum, his forecast has ignited debate among analysts and collectors alike. Scarcity, Status, and Sentiment Hayes believes that as…
With the crypto market exhibiting strong signs of an altcoin season ahead, investors are accumulating their choice of tokens. Dropstab data currently shows 59 altcoins that are flashing the accumulation sign. During the accumulation phase, trading volumes surge, and the price stays within a specific range for a prolonged time. This often leads to unsuccessful…
Bitcoin faced renewed volatility after a minor pullback interrupted two weeks of tight consolidation just below its all-time high of $123,000. The price briefly dipped near the $115,000 support level but has already begun to recover, signaling that bullish momentum remains intact despite recent selling pressure. Market participants appear to be reacting calmly, with strong…