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…
Some of the most popular NFT projects are recording a surge in floor prices, inspiring speculation that the frenzy around these digital collectibles is rising. Ethereum kicked off a possible NFT season with the unveiling of its NFT Torch ahead of its 10-year anniversary tomorrow. CryptoPunks and Moonbirds Floor Price Surge Signals a Potential NFT…
Bitcoin is showing unusual strength this week. While the broader crypto market is down more than 5% day-on-day, the BTC price is down just 0.6%, holding around $118,000. That kind of flat performance in a weak market usually signals bullish intent. But despite a clear lack of selling pressure, Bitcoin hasn’t broken out. And the…
Coinbase, one of the leading cryptocurrency exchanges, has announced the addition of Bio Protocol (BIO) and Euler (EUL) to its asset listing roadmap. The announcement, posted on X, has triggered significant market reactions, with both assets experiencing notable price increases. Bio Protocol and Euler Join Coinbase’s Listing Roadmap The exchange notified users that the launch…
The new trading week is off to a bullish start, and some altcoins are already standing out with impressive momentum. While the broader market cooled off last week, a few assets weathered the pullback and have continued to post notable gains. This has positioned them for potential continuation rallies in the days ahead. ZORA ZORA,…