The highest cryptocurrency’s short-term holders are as soon as once more realizing losses, mirroring the same occasion from earlier within the 12 months. Right here’s CryptoQuant’s view on the matter and the potential impression. Brief-Time period Losses Bitcoin’s short-term holders (cash held for about 5 months or much less, or lower than 155 days) have been selling…
Crypto markets have corrected by 7.3% with $340 billion leaving the area since their all-time excessive on August 14. Bitcoin has led the losses, retreating 7.5% from its peak value, whereas Ethereum has misplaced 10% from its 2025 excessive, having did not notch a brand new peak. “Outstanding how each time you get a correction…
After a larger period of consolidation, Ripple’s XRP may be gearing up for a breakout against Ethereum (ETH), according to a leading analyst. He says that market structure and trading patterns show XRP’s prolonged consolidation period could soon yield to a powerful upward move, coinciding with a potential pause in ETH’s recent uptick. XRP’s Long…
Tom Lee’s BitMine Immersion Technologies announced on Monday that it has become the second-largest crypto treasury in the world, behind Michael Saylor’s Strategy. The firm updated its Ether holdings figures to 1.52 million ETH worth around $6.6 billion. Even with the asset’s retreat, that huge stash is worth more than the $5.88 billion in Bitcoin…
Last week, digital asset investment vehicles recorded $3.75 billion in inflows, their fourth-highest figure historically, in what appears to be a recovery from the subdued momentum of previous weeks. Interestingly, the surge was almost entirely tied to iShares and one particular product under its umbrella. With market prices pushing higher, total assets under management (AuM)…
The blockchain focused on user privacy saw one of its mining pools take over the network’s hash rate. No damage has been reported yet, but history suggests that extensive losses could occur once the harm has been done. Taking Over Control The cryptocurrency exchange Kraken has temporarily stopped Monero deposits to the platform due to…
Thailand will launch a new scheme on Monday, August 18, to allow foreign visitors to convert cryptocurrency into Thai Baht for payments within the country. The initiative called “TouristDigiPay” is a direct response to a significant slowdown in tourism, primarily due to a decline in tourists from China, on which the country relies heavily, according…
The Amsterdam-based corporation will spearhead the initiative in the region, aiming for a public listing on its local stock exchange. The asset of choice, meanwhile, underwent a highly volatile period and has yet to regain lost ground. H1 In an announcement shared to Reuters, Amdax, a cryptocurrency platform, disclosed its plans to launch a BTC…
Bitcoin’s ongoing scaling dispute has taken a new twist as industry figures debate how to handle what many are calling a “spam epidemic” on the network. Long-time BTC advocate and Jan3 CEO Samson Mow has suggested that mining hardware manufacturers should consider refusing sales, or at least imposing penalties, on companies supporting transactions he describes…
In a milestone for the blockchain, Solana briefly surpassed 100,000 transactions per second (TPS) on its mainnet over the weekend. A block processed late Sunday recorded 43,016 successful transactions and 50 failures, giving a peak TPS of 107,540, according to data shared by Mert Mumtaz, co-founder of Solana developer tooling firm Helius. Solana Hits Six-Figure…