In Brief ETH price has risen over 7% in a week, though cautious whale activity suggests mixed sentiment. Positive EMA lines hint at a bullish trend, with possible gains if ETH uptrend holds steady. A large outflow of 361,000 ETH from exchanges on Oct. 25 signals long-term holder confidence. Ethereum (ETH) price has climbed more…
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In Brief Bitcoin’s market dominance has reached its highest since 2021, reducing chances for a near-term altcoin rally. Bitcoin ETFs attract significant capital, possibly pushing BTC toward $100,000 by January 2025. Altcoin performance lags, with only 29% surpassing BTC recently, falling short of the 75% needed for an altcoin season. As the US Presidential Election…
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In Brief 1Inch, TEN Finance, and others hit by a supply chain attack due to a compromised Lottie Player frontend library. Injected malicious code enables unauthorized transactions, posing risks to users’ funds and personal data. Users are advised to avoid any interactions with the websites; Lottie Player team is working on a fix. …
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In Brief The crypto market cap dipped, unable to breach $2.40 trillion, facing potential support at $2.29 trillion amid cautious sentiment. Bitcoin pauses near ATH at $73,800; a further dip to $71,367 could delay a new high, though investor optimism may sustain the uptrend. Celestia fell 11%, losing $4.96 support; holding $4.52 is key, with…
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In Brief The crypto market cap rose to $2.38 trillion, nearing $2.40 trillion resistance; surpassing this could lead to a $2.50 trillion target. Bitcoin is less than 2% away from its all-time high at $73,773, but a fallback to $71,367 support may delay the bullish rally. SUI’s 17% rise brings it to $2.08; breaching its…
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In Brief Bhutan transferred $65.66 million in Bitcoin to Binance, likely signaling an intent to sell part of its holdings. Despite planned sales, Bhutan continues its state-run Bitcoin mining operations through Druk Holdings and Investments. Bhutan is the first government to select Binance for asset sales, while others like Germany chose Coinbase, Kraken, or others.…
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Bitcoin reached $70,000 today for the first time in over four months. BTC’s daily trading volume has also jumped by nearly 135% on Monday, according to CoinMarketCap data. This is only the third time that the largest cryptocurrency has hit the $70,000 mark, as it reached a new all-time high earlier this year. Bitcoin ETFs…
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In Brief XRP dipped to $0.51, with LTHs showing panic, evidenced by increased asset movement amid falling prices. Network growth initially rose as XRP’s price declined but has since slowed, reflecting weakening interest from buyers. XRP aims to reclaim $0.52 as support, targeting $0.55 resistance; losing $0.47 support risks further downside. XRP price recently struggled…
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In Brief Polymarket’s Shayne Coplan has responded to allegations of bias in the platform’s US election prediction markets. Coplan explained that claims of favoritism often arise from market reactions rather than any manipulation. Coplan highlighted its peer-to-peer structure and transparency as key advantages over traditional prediction platforms. Polymarket CEO Shayne Coplan has addressed recent allegations…
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In Brief Worldcoin dropped 19%, reducing the profitable supply from 87% to 70%, impacting investor confidence and sentiment. GIOM data shows $5.58 billion in WLD turned unprofitable after an 18% drawdown, highlighting market sensitivity to price shifts. WLD needs to reclaim $2.11 support for recovery; failing this, it risks falling to $1.74, further eroding investor…
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