Despite recovering above $120,000 again, Bitcoin has not been able to completely shake off the bearish pull. This has resulted in what looks like the beginning stages of a price pullback that could result in a notable crash. There are also fair value gaps (FVGs) that are yet to be fully filled, suggesting that the…
Bitcoin reached a new all-time high above $124,000 early this morning, surpassing its previous peak set in July, while Ethereum approached $4,800, a level not seen since late 2021. Both assets surpassing or reaching key historical thresholds creates market momentum, which is supported by macroeconomic expectations, regulatory changes, and derivatives positioning. The latest surge coincided…
Full-stack, vote-escrowed decentralized exchange (veDEX) infrastructure, Kyo Finance announced a strategic investment and an ecosystem partnership with Startale Ventures, part of Startale Group, a prominent entity shaping the future of the Soneium and Optimism Superchain ecosystems. This collaboration further solidifies Kyo’s position as a leading liquidity hub on Soneium, having achieved a peak total value…
The Bitcoin dominance has now fallen below 60% for the first time in six months. But despite altcoins moving to grab more market share, this high dominance has remained a hindrance for the altcoin market. Given this, the Bitcoin dominance is expected to continue to determine where the crypto market will be headed from here,…
Analysts are discussing the XRP Ledger (XRPL), with backers hailing it as a battle-tested backbone for the future of cross-border payments. Meanwhile, critics say it is a dangerously overvalued bet on unrealized potential. Is XRP Ledger Ready for Global Scale or Overvalued? Analysts Debate Standing among the XRP Ledger advocates, Ripple CTO David Schwartz outlined…
OKB, the native token of OKX, has delivered an eye-popping 160% surge in just 24 hours, briefly setting a new all-time high above $135. The OKB price rally comes on the back of bullish narratives, from quarterly token burns and a shrinking circulating supply to speculation about a potential OKX IPO. Yet, beneath the surface,…
Thumzup Media Corporation, a social media marketing firm that pivoted into crypto investments earlier this year, is ramping up its digital asset strategy following a $50 million capital raise. Key Takeaways: Thumzup raised $50M to expand into large-scale crypto mining and targeted blockchain investments. The firm holds 19.1 BTC and plans to diversify into six…
Ethereum (ETH) is attempting to reclaim a crucial area as price nears its 2021 all-time high (ATH). However, an analyst suggested that this week’s performance will be key for the long-awaited price discovery rally. Ethereum Eyes Last Major Resistance Over the past week, Ethereum has had a remarkable performance, jumping nearly 30% to a multi-year…
The Google Play Store announced on Wednesday a new policy mandating that developers of cryptocurrency wallet applications secure a license before their software can be published. This policy is particularly focused on 15 jurisdictions, including the European Union (EU) and the United States, and delineates specific regulatory frameworks that developers must adhere to in order…
Venture Capital (VC) firm Andreessen Horowitz (a16z) and nonprofit research and advocacy organization DeFi Education Fund (DEF) have jointly submitted a key proposal to the Securities and Exchange Commission (SEC) to protect developers and innovation. A16z, DeFi Group Partner For Crypto Policies On Wednesday, a16z and the DeFi Education Fund sent a letter to SEC…