After a heated four-day run, the cryptocurrency market has taken a breather, with total market capitalization dropping 4% in the last 24 hours. Despite the broader pullback, Aerodrome Finance’s native token AERO has emerged as the top gainer, climbing 4% on the day. However, on-chain metrics reveal that this uptick is largely driven by speculative…
Bitcoin recently formed a new all-time high (ATH) of $124,474, before experiencing a 3.5% decline in the last 24 hours. This drop follows a trend observed by CryptoQuant data, indicating that whales (large holders) may be selling their positions. The selling activity is directly affecting Bitcoin’s price as it moves from the ATH. Bitcoin Whales…
The crypto derivatives market is facing a major test today as over $6 billion in Bitcoin (BTC) and Ethereum (ETH) options expire. Today’s expiring options sets the stage for strategic repositioning among traders and potential heightened volatility into the weekend. Bitcoin, Ethereum Options Expiry Looms with Over $6 Billion at Stake Data on Deribit shows…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Japanese corporations diverge on Bitcoin, with Remixpoint accumulating massive treasury holdings while Value Creation exits completely. Korean exchanges report mixed quarterly results amid market volatility. Hong Kong regulators…
A new study from Satoshi Action Education projects a 75% probability that Bitcoin will exceed $4.81 million by April 2036. The research, led by economist Murray A. Rudd, uses an updated probability model to examine how supply constraints and institutional demand could influence long-term valuations. Supply Shock Scenarios and Bitcoin Price The updated results show…
Citigroup is showing an unexpected interest in stablecoins and crypto ETFs; it might offer custody services for these assets’ collateral. Stablecoins might be the more viable option, as Coinbase already has an overwhelming head start in the ETF collateral market. Even if these plans don’t work out, the firm is nonetheless considering other stablecoin pilot…
Solana-based meme coin USELESS has surged more than 30% in the past 24 hours, emerging as one of the day’s top-performing digital assets. The rally stands out as major meme assets like Dogecoin (DOGE) and Shiba Inu (SHIB) have posted losses despite the broader market upswing. Coinbase, Binance US, Kraken Boost USELESS The recent rally…
Decentralized Physical Infrastructure Networks (DePIN) was one of the most talked-about sectors in crypto and experienced substantial growth in 2024. However, as crypto metas like meme coins, NFTs, and others regain traction, DePIN has struggled to maintain its momentum. This year, it has fallen behind in the race for investor attention. Nonetheless, Naman Kabra, CEO…
KAIA has emerged as one of the top-performing altcoins over the past 24 hours, surging more than 12% amid heightened market activity. Technical and on-chain indicators point to increasing buying pressure, suggesting the altcoin may be poised for further gains. KAIA Rally Builds Steam Readings from the KAIA/USD one-day chart show an uptick in the…
SKALE (SKL) has scaled over 100% in the past week, with the last 24 hours alone delivering a 44% gain. The token is currently trading near the $0.039 mark after briefly testing higher levels. While this explosive move has caught the eye of traders chasing momentum, few on-chain and technical indicators suggest the rally could…