Crypto

The cryptocurrency landscape is constantly evolving. Two major players in the smart contract space, Ethereum and Cardano, compete for dominance. Cardano recently surged, jumping 62% in a single day and rising 48% over the past week. Meanwhile, Ethereum, the long-established leader in decentralized applications, dropped 11% over the past seven days despite minor recoveries. With […]

Bitcoin price stabilizes as sellers lose momentum, signaling a possible recovery. Bitcoin (BTC) has recently stabilized after a significant price drop. It found support at the 200-day simple moving average (SMA), a key level for buyers. The cryptocurrency market has been highly volatile, with BTC briefly dropping below $90,000 before recovering. This movement has left […]

President Donald Trump has announced the formation of a U.S. Crypto Strategic Reserve, marking a major shift in the country’s approach to digital assets. As a result, the reserve will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), signaling strong government support for the cryptocurrency industry. Market Surge Following the Announcement Following […]

President Donald Trump will host the first White House Crypto Summit on March 7. This event marks a key moment in the relationship between the U.S. government and the digital asset industry. Moreover, it will bring together industry leaders, policymakers, and experts to discuss crypto regulation, adoption, and innovation. Strengthening Ties with the Crypto Industry […]

The cryptocurrency market is set to experience a significant influx of tokens this month, with major projects unlocking assets worth approximately $755 million. This mass release of tokens is poised to impact the market dynamics considerably, as over 40 projects conclude their vesting periods. Key Token Unlocks AltLayer (ALT): The largest unlock will occur on […]

In a significant move reflecting the growing apprehensions within the financial sector, HSBC Australia has announced a complete block on payments to cryptocurrency exchanges. This decision stems from the bank’s increasing concerns over the rise in fraudulent activities associated with digital currencies. The measure aims to protect customers from potential scams and ensure the security […]

A key technical indicator traders and analysts use to predict Bitcoin’s long-term price trends has reached an all-time high, suggesting a bullish outlook for the cryptocurrency’s future. Bitcoin’s 200-day moving average, which aims to smooth out short-term price fluctuations by taking the average of the last 200 days’ closing prices, hit $50,178 on May 6th, […]

Grayscale’s spot Bitcoin exchange-traded fund (GBTC) saw its second daily net inflows on May 6, drawing in $3.9 million into the converted trust, according to data from Farside Investors. As a result, the overall US spot Bitcoin ETF market recorded net positive inflows of $217 million. GBTC ended its 78-day streak of net outflows last […]

In a surprising move on Monday, a Bitcoin whale awoke from over a decade of dormancy to transfer their stack worth tens of millions of dollars. This came amidst a steady Bitcoin rally over the weekend that saw the cryptocurrency’s price surge above $64,000. Bitcoin, the largest crypto asset by market cap, made a remarkable […]