Bitcoin’s Decline Below $60,000 Seen as Unlikely Amid Strong Holder Accumulation
Data suggests Bitcoin’s price is unlikely to drop below $60,000 as long-term holders increase their supply share and technical indicators turn bullish.
Crypto & Fintech
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XRP Surpasses Ethereum and Solana in Real-World Asset Growth and Market Ranking
XRP’s blockchain has achieved the fastest growth in tokenized real-world assets recently, outpacing Ethereum, Solana, and other leading networks in market value expansion and ranking.
Crypto & Fintech
Bitcoin Long Positions Climb Amid Economic Uncertainty and ETF Outflows
Despite weak US economic signals and ongoing Bitcoin ETF outflows, top traders have increased bullish bets, supporting Bitcoin’s $76,000 floor amid speculation of a possible rally to $82,000.
Crypto & Fintech
Institutional Bitcoin Outflows Signal Selling Amid Persistent Market Optimism
Despite ongoing bullish sentiment, large Bitcoin withdrawals from major exchanges suggest significant selling pressure, challenging the crypto market's recent resilience.
Crypto & Fintech
South Korea’s Crypto Community Reaches Threshold to Challenge 22% Capital Gains Tax
A petition opposing South Korea’s planned 22% tax on cryptocurrency gains surpassed 50,000 signatures, triggering a parliamentary review amid concerns about industry impact and investor burdens.
Crypto & Fintech
Blockchain.com Advances Toward US IPO Amid Renewed Crypto Market Interest
Blockchain.com has confidentially filed for a US IPO, joining other crypto firms seeking public listings as the sector gradually returns to equity markets.
Crypto & Fintech
US Treasury Sanctions Ethereum Addresses Linked to Sinaloa Cartel Money Laundering
The US Treasury sanctioned six Ethereum addresses tied to a Sinaloa Cartel network that allegedly converted drug money into cryptocurrency, raising compliance risks for crypto platforms.
Crypto & Fintech
Bitcoin Holders Shift to Selling as Realized Losses Surge Above $600 Million
Bitcoin’s price drop triggers a broad move from accumulation to selling among investors, with realized losses hitting over $600 million amid historic whale outflows.
Crypto & Fintech
IG Europe Expands Crypto Trading Across EU Through Partnership with Bitpanda
IG Europe collaborates with Austrian exchange Bitpanda to deliver crypto trading services to EU investors, leveraging Bitpanda's infrastructure amid rising regulatory demands.
Crypto & Fintech
Bitcoin Poised for Significant Move as It Consolidates Near $77,000 Level
Bitcoin hovers around $77,000, with analysts anticipating a breakout of at least 5% amid reduced short positions and mixed macroeconomic factors influencing risk assets.
Crypto & Fintech
Nakamoto to Execute 1-for-40 Reverse Stock Split Amid 99% Stock Collapse
Nakamoto plans a major reverse stock split to increase its stock price and meet Nasdaq listing requirements after a steep decline over several months.
Crypto & Fintech
SpaceX Discloses Over $1.4 Billion in Bitcoin Ahead of Potential Record IPO
SpaceX reveals ownership of 18,712 Bitcoin worth approximately $1.46 billion as it prepares for a historic IPO that could value the company up to $2 trillion.