In the past week, Bitcoin’s price fell sharply from around $43K, approaching the $40K mark. This decline affected many altcoins, but emerging ones like Chainlink, ASTR, and BNB saw increased buying pressure as capital shifted from Bitcoin to these markets.…
The latest TokenInsight report reveals that 2023 witnessed shifts in market share and trading volume among top exchanges, with Binance’s numbers decreasing from 54.2% to 48.7% while OKX’s and Bybit’s increasing by 4.3% and 2.2%, respectively. Binance, Upbit, and OKX…
The meme coin sector remains under bearish pressure as Bitcoin experiences a significant decline, threatening to drop below the $40,000 level. In this situation, the price of Shiba Inu (SHIB) is caught in a downward consolidation trend, facing a low…
According to blockchain analyst firm Santiment, Ethereum has experienced a significant surge in price dominance against Bitcoin, marking a remarkable +22.4% increase over the past week. This bullish momentum has been accompanied by a rise in the creation of new ETH…
A federal appeals court has sided with Grayscale Investments in its lawsuit against the SEC. The court rules that the SEC must reverse its rejection of Grayscale’s spot Bitcoin ETF and review the application. Top cryptocurrencies including Bitcoin, Ethereum, and…
A judge in the U.S. District Court for the Southern District of New York is now deciding whether or not to toss out the Securities and Exchange Commission’s case against Coinbase. The ruling will hinge on whether the transactions in…
Grayscale’s Bitcoin exchange-traded fund (ETF), GBTC, has seen an estimated $1.1 billion in outflows over the past three days of trading. This trend comes as the fund’s long-standing discount to net asset value has narrowed to its lowest level in…
Bybit, the world’s third most visited cryptocurrency exchange, teams up with artist Rik Oostenbroek for the much-anticipated NFT launch of the Velocity Series. This partnership intertwines Bybit, Oracle Red Bull Racing, and digital artists, fusing technology and artistry. Bybit collaborates…
The analysis begins with a review of Bitcoin’s current situation. Despite a dip due to ETF news, Bitcoin is holding support around $42,000. The analyst identifies a critical resistance area between $40,000 and $43,000, suggesting a potential sideways movement. They…
Optimism allocated a massive amount of tokens for incentivizing growth in the community. Despite positive developments, OP faced challenges with declining price and increasing short positions. In a recent move showcasing commitment to community support, Optimism [OP] distributed 30 million…