After several days of decreases, the crypto market is up today, with the majority of the top 100 coins turning green over the past 24 hours. Overall, the cryptocurrency market capitalization has increased by 1.1%, now standing at $3.95 trillion. At the same time, the total crypto trading volume is at $154 billion, maintaining a…
Two Bitcoin mining swimming pools now make up for 51% of the community Hashrate, elevating potential issues in regards to the centralization of the blockchain. Foundary & AntPool Make Up For The Majority Of The Bitcoin Hashrate As identified by X person Leo Lanza in a post, two mining swimming pools have gained management of…
Bitcoin’s near-term path, argues macro commentator Bruce Florian–founder of the Bitcoin Self-Custody Company Schwarzberg and a bestselling author–is being set far from crypto order books and deep inside the US money markets, where a once-enormous pool of excess cash has finally run dry. In a thread on X, Florian frames the Federal Reserve’s overnight reverse…
Bitcoin has entered a precarious situation after falling beneath $114,000, and sellers proceed to mount strain on it. This comes after an increase to new all-time highs, and sticking to earlier tendencies, Bitcoin appears to be like to be testing earlier assist ranges earlier than persevering with on its journey. Nonetheless, as the value continues to battle,…
The US Treasury Secretary has reportedly contacted leading crypto industry players to discuss the potential impact of the stablecoin sector on the demand for US government bonds in the coming years. Treasury Secretary Bets On The Crypto Industry On Wednesday, the Financial Times (FT) reported that the US Treasury Secretary, Scott Bessent, is “betting” on…
An early Bitcoin whale has resurfaced with main strikes, shifting a whole bunch of tens of millions in crypto between Bitcoin and Ethereum. Key Takeaways: A dormant Bitcoin whale shifted over $90M in BTC, promoting on Hyperliquid and rotating into Ethereum. The whale opened huge leveraged lengthy positions value $295M throughout 4 wallets. This comes…
Chainlink (LINK) is attempting to reclaim a crucial area after recovering 10%, surpassing most of the market in the past day. Some analysts suggested that the altcoin is ready to break out to new highs, but warned that a rejection from the current levels could lead to volatile retests. Chainlink Reclaims Key Levels On Wednesday,…
Yesterday, a federal decide in New York ordered Eddy Alexandre, founding father of the now-defunct cryptocurrency platform EminiFX, to pay $228 million in restitution for orchestrating a Ponzi scheme that defrauded tens of 1000’s of traders. EminiFX CEO To Pay $228 Million In Restitution In line with a court docket submitting revealed on August 19,…
Data shows the Bitcoin Fear & Greed Index has seen a bearish flip following the plunge in the cryptocurrency’s price to $113,000. Bitcoin Has Continued Its Recent Drawdown Since setting a new all-time high (ATH) above $124,000 one week ago, Bitcoin has been facing a downtrend. The bearish momentum has only furthered during the past…
Crypto market is showing mixed signals today, with Bitcoin climbing back to $114,000 after dipping below $113,000 yesterday. Ethereum surged more than 4% in the past 24 hours, reclaiming $4,300. Sector-wide gains ranged between 2% and 6%, led by CeFi’s 6.35% rally, where OKB soared nearly 49% while BNB, BGB, and GT also saw strong…