Despite a sharp 10% correction from its five-month high, Hedera (HBAR) price is starting to show signs of internal strength that could set the stage for a surprise bounce. While retail traders continue to short the asset, data reveals whales have been quietly adding to their stacks, hinting that the recent dip might be more…
Top meme coin Shiba Inu is showing signs of an extended bearish trend as large investors ramp up profit-taking activities. This wave of selling pressure has triggered a decline in the meme coin’s value, pushing it below its ascending parallel channel—a key structure that had supported its price action from June 22 through July 27….
The dark side of crypto surfaces occasionally, this time in the form of two disturbing kidnap-for-crypto schemes on opposite sides of the Atlantic. In South Florida, a man allegedly plotted the abduction and mutilation of an entire family over a $3 million debt. Meanwhile, in London, a Belgian barber was held hostage by a gang…
In their latest presentation, BitMine Immersion Technologies suggested an implied value of $60,000 for Ethereum (ETH), citing consultations with unnamed research firms. The valuation comes amid ETH’s notable bullish rally. The price has surged 57% over the past month, even outpacing Bitcoin’s (BTC) 10% monthly gains. BitMine’s $60,000 Ethereum Valuation On Monday, BitMine, the largest…
As July comes to an end, several significant developments in the Bitcoin (BTC) market have emerged. Notably, profit-taking pressure has resurfaced in the final week of the month, raising concerns about a potential turning point in August. Based on analysis from market experts and on-chain data, four main sources of selling pressure could soon shape…
CFX, the native coin of Conflux Network, which claims to be China’s only regulatory-compliant public blockchain, has surged by 12% today, making it the top-performing token across the crypto market. This rally comes despite a broader market pullback. It appears to be fueled by mounting optimism ahead of the highly anticipated Conflux 3.0 upgrade, set…
Ray Dalio, an American billionaire and hedge fund manager, recommended holding around 15% of one’s portfolio in either gold or Bitcoin (BTC) as a hedge against currency devaluation amid a debt-driven crisis. While Dalio emphasized that he personally favors gold over Bitcoin, he highlighted that both assets serve as crucial hedges in an environment where…
PayPal announced the expansion of its “Pay with Crypto” platform, allowing US merchants to accept over 100 cryptocurrencies, settle transactions instantly, and reduce international fees by up to 90%. While PayPal’s stablecoin PYUSD is the clearest winner, the ripple effect across altcoins could be significant. PYUSD Sees Immediate Surge, Unlocks 4% Yield on Holdings At…
XRP has recently faced a sharp drop from its all-time high (ATH), with the price stabilizing within a sideways trend. The altcoin is currently holding above the crucial $3 support, which has acted as a psychological level for investors. However, with increasing sell-offs, XRP could struggle to maintain this support in the coming days. XRP…
In recent weeks, the Bitcoin Dominance Index (BTC.D), which measures Bitcoin’s market share relative to the entire cryptocurrency market, has recorded a sharp decline of 6.30%. According to technical analysts, this could be an early signal of an upcoming “Altseason” expected to unfold within 3–6 months. Bitcoin Dominance Gives Way, Altseason Nearing? According to observations…