XLM has experienced a solid 23% rally this month, surging to $0.451. However, the altcoin now faces potential headwinds owing to the rising outflows from investors and the declining strength of the uptrend. This raises concerns about the sustainability of this price movement, suggesting a reversal could be on the horizon. Stellar Investors Are Bearish…
BtcTurk, Turkey’s longest-running cryptocurrency exchange, has confirmed a security incident involving its hot wallets. Blockchain security platform Cyvers flagged around $48 million in unusual outflows across Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon. Most funds were sent to two addresses before being swapped into other assets. The exchange said the suspicious activity was detected…
Solana has surged 21% over the past seven days, pushing its price back above the $200 mark. This marks a significant recovery for the token, as it signals renewed investor confidence. As bullish momentum builds across the market, technical indicators on the daily chart suggest that SOL is likely to maintain its position above this…
Bitcoin (BTC) reached a new all-time high of over $123,700 during early Asian trading hours today, sparking a wave of bullish momentum across the cryptocurrency sector. Additionally, many experts suggest that further gains may be imminent for BTC. They predict that the largest cryptocurrency could likely continue rising, citing its positive correlation with gold. What’s…
Curve Finance (CRV) has become the center of market attention as the token’s price recently crossed the $1 mark for the first time. CRV’s short-term breakout comes amid significant developments tied to the founder’s large token sales. A Short Recovery of CRV Data from BeInCrypto shows that Curve DAO’s CRV briefly broke above $1 before…
Ethereum has been on a notable rally, with its price recently climbing to levels not seen in over three years. The altcoin king has broken through key resistances, steadily advancing toward the $5,000 mark. This ongoing uptrend has fueled optimism among investors, with ETH now approaching a significant psychological threshold that could open the path…
Over 98% of the circulating Ethereum supply is now in a profitable state, reaching a two-year high and signaling a heightened risk of a price correction as investors may look to cash in on their gains. Not-Seen Profit Level in Two Years According to on-chain data platform Glassnode, its “Percent Supply in Profit” metric for…
BNB has surged to a new all-time high (ATH) of $868.79, putting the token within striking distance of the psychological $1,000 mark. The rally cements BNB’s transformation from a 2017 ERC-20 exchange token into a global cross-border financial asset powering one of the most active public blockchains in the world. BNB Price Records New All-Time…
Two major Mainland Chinese financial groups are rushing into blockchain-based finance as the market heads toward explosive growth. Their moves signal that institutional adoption of real-world asset tokenization is accelerating faster than expected. Fosun Confirms Stablecoin License Push Fosun International has confirmed its application for a stablecoin license in Hong Kong. On August 6, founder…
Avalanche (AVAX) has seen a notable surge in price recently, benefiting from broader market bullish cues. However, the altcoin now faces a potential bearish event that could impact its price dynamics in the coming days. The upcoming token unlock could increase the circulating supply, potentially causing price fluctuations. Avalanche Awaits Token Unlock In the next…