Bitcoin’s inability to overcome the $120,000 resistance resulted in another nosedive over the past 12 hours or so, as the asset fell toward $116,000. While that might be somewhat worrisome, the altcoins have charted even more substantial losses, with multiple double-digit losers such as XRP and DOGE from the larger caps. Alts Crash The alternative…
TL;DR Upbit offloads 75M XRP, dragging the price down to $3.05 in a sharp correction. Whale wallets scoop up 280M XRP in the past few weeks, pointing to an increasing demand from large players. XRP sees $14.2B in trading volume as charts point to $15 if $3 support stays firm. Large Sell Order Triggers Sharp…
The status of Bitcoin (BTC) held by the US remains contentious, following recent reports that it had sold off up to 85% of the portfolio. However, new findings suggest otherwise, hinting that the government’s BTC bucket remains intact. While the development brings clarity, it raises concerns about the possible market impact if the government moves…
BeInCrypto has teamed up with CoinGecko, one of the world’s most trusted crypto data aggregators, to provide our readers with even deeper market insights, backed by independently sourced and verified data. As part of this collaboration, users browsing BeInCrypto’s crypto price section and individual coin pages, such as Bitcoin or Ethereum, will now benefit from…
Speculation is growing that Pi Network’s Pi Coin (PI) could potentially be listed on Binance, the largest cryptocurrency exchange. This comes following reports from several Pioneers who noticed Binance support options appearing in the Pi Wallet. However, neither Binance nor the Pi Core Team has confirmed or commented on the development, leaving the rumor mill…
LetsBONK has drawn strong attention from the community after announcing its commitment to use 1% of total revenue to buy back top tokens in the BONK ecosystem. Is this a strategic move to redefine the role of meme coins within the Solana ecosystem, or merely a PR-driven statement? Self-reinvestment strategy: Is LetsBonk on the right…
Brazilian securitization firm VERT has rolled out a blockchain-powered private credit platform on the XRP Ledger, debuting with a R$700 million ($130 million) issuance of an Agribusiness Receivables Certificate (CRA). Key Takeaways: VERT launched a blockchain-based credit platform on the XRP Ledger with a $130M tokenized certificate. The system enables real-time, on-chain tracking of loan…
Bitcoin continues to hover below its all-time high, with current trading levels near $118,000 reflecting a 0.6% daily drop and a 3.8% pullback from the peak above $123,000 recorded earlier this month. While the broader trend remains uncertain, analysts have assessed on-chain activity for signs of the next major move. Recent data from CryptoQuant analysts…
EVM-compatible ZK rollup platform Zircuit has introduced a new solution called “Hyperliquid for AI Trading,” an AI-powered trading engine designed for high-speed, cross-chain execution. The platform enables real-time signal discovery and trade automation across both EVM and Solana networks, allowing users to deploy active strategies with a single click while maintaining the security and reliability…
Ethereum’s recent price rally is being fueled by a significant structural shift in demand, according to a recent investor note from Bitwise Chief Investment Officer Matt Hougan. Since May 15, a surge in buying activity from exchange-traded funds (ETFs) and corporations has resulted in the acquisition of nearly 2.83 million ETH, valued at over $10…