The global crypto market took a sharp turn Friday, shedding about 6.7% in value and knocking over $160b off its total market cap, now hovering around $3.84 trillion, according to data from CoinGecko. The drop comes after four consecutive green weekly candles, suggesting the bullish momentum that carried digital assets to near-record highs is beginning…
OSL Group, one of Asia’s leading digital asset platforms, has raised $300 million through an equity financing round, marking the largest publicly disclosed capital raise in the region’s crypto space to date. Key Takeaways: OSL Group raised $300 million in Asia’s largest disclosed crypto equity deal to date. Funds will support stablecoin infrastructure, global licensing,…
Luxury brokerage Christie’s International Real Estate, affiliated with the renowned Christie’s auction house, has unveiled a dedicated crypto division. The firm has created a specialized team of lawyers, analysts, and crypto experts to handle digital asset transactions, the New York Times reported on Thursday. Christie’s CEO Aaron Kirman said that the division was launched after…
The XRP price rally has already seen it reclaim the $3.6 level once this year before slowing back down again. This slowdown has raised concerns of a possible end to the rally. But the formation of a Cup and Saucer Pattern actually tells a different story. Since this pattern is yet to be completely fulfilled,…
A Bitcoin whale from 2011 has suddenly come alive, moving 3,962 BTC. Here’s how much profit the OG made on their ancient stack. Bitcoin Whale Has Shown Movement After 14.5 Years Of Silence In a post on X, on-chain sleuth Lookonchain pointed out how a Bitcoin whale wallet silent since 14.5 years ago finally broke…
BitMine Immersion Technologies has emerged as the largest corporate holder of Ether after acquiring more than $2 billion worth of ETH in just over two weeks, according to a statement released Thursday. Key Takeaways: BitMine has become the largest corporate holder of Ether, acquiring over $2 billion worth in just 16 days. The firm aims…
The crypto market is flashing bearish signals today amid a sharp sell-off. Overall, the market has dropped 6.9%, with Bitcoin sliding to $115.5K, a notable pullback from its all-time high of $123K recorded on July 14. Ethereum has broken below the key $3,600 support level, while XRP is hovering just above $3, down nearly 4%…
The Bitcoin short-term holder balance has often shown shifts near market tops and bottoms. Here’s what the metric’s trend is signaling right now. Bitcoin Short-Term Holder Balance Hasn’t Seen Any Major Shifts Recently In a new post on X, institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has shared a chart that shows how the holdings…
The list of companies embracing Ripple’s XRP for treasury holdings is steadily growing. Only a few contenders have utilized this strategy so far, but with easing regulations and increasing adoption, the trend could intensify soon. Institutional Interest Growing Nature’s Miracle Holding Inc., a publicly traded company (ticker: NMHI) specializing in farming technology, announced on Wednesday…
Nigeria has thrown open its doors to stablecoin businesses, marking a major policy pivot over a year after its crackdown on crypto giant Binance rattled the country’s digital asset ecosystem. Emomotimi Agama, director-general of Nigeria’s Securities and Exchange Commission (SEC), announced the shift on Thursday during the Nigeria Stablecoin Summit in Lagos, local outlet The…