Key Takeaways The Coinbase premium gap has fallen to -$90, indicating unexpected market behavior. A negative premium gap suggests selling pressure and less demand from institutional investors on Coinbase. Share this article Coinbase’s premium gap has dropped to -$90, reflecting a significant shift in Bitcoin market dynamics as institutional demand weakens. A negative Coinbase Premium…
Crypto’s main value proposition is that base networks are supposed to be online, all the time. Out of this ultra-high reliability, DeFi platforms, whether lending or decentralized exchanges, can function at any time of the day, all without censoring transactions, another big plus. True, Bitcoin, Ethereum, and mainnets powering some of the next 100X cryptos…
“A drop of 20% or more from a peak is the conventional definition of entering bear market territory,” Gemini stated. After a promising start to October, bitcoin’s price has plunged hard in the following weeks, dropping by roughly 30% to dip below $90,000 yesterday. Some analysts believe this marks the start of a bear…
Hive Digital Technologies’ stock price has entered a bear market, down over 53% from its year-high. Summary Hive Digital stock price has tumbled by 53% from the year-to-date high. The decline is because of the ongoing Bitcoin price retreat. Rosenblatt and H.C. Wainwright analysts believe it can jump to $10. The stock, listed on NASDAQ…
Key Takeaways Short-term Bitcoin holders moved 65,200 BTC to exchanges, mostly at a loss, signaling panic selling. This kind of capitulation reflects renewed market stress among recent buyers who bought at higher prices. Share this article Short-term Bitcoin holders transferred 65,200 BTC to exchanges, signaling renewed market stress as investors move assets at a loss….
The cryptocurrency market has been in a freefall all November, erasing nearly all of the gains from earlier in the season. As of today, the total market cap has come down from $4Tn in October to around $3.09Tn, a loss of almost $1Tn in just one month. But why did crypto crash? Lets find out….
Binance, the world’s largest cryptocurrency exchange by volume, is joining forces with tokenized real-world assets platform Securitize to expand access to BlackRock’s tokenized fund as collateral asset for institutional traders. Summary Binance has integrated the BlackRock USD Institutional Digital Liquidity Fund as collateral. Collaboration with Securitize allows BUIDL use as off-exchange collateral for institutional users….
Key Takeaways Taurus, a Swiss crypto infrastructure company, has opened a new office in New York. The expansion is part of Taurus’s strategy to strengthen its position in the US market. Share this article Taurus, a Swiss crypto infrastructure firm, today announced the opening of a new office in New York as part of its…
It’s a busy start to the week for crypto today, with Bitcoin quietly heating up just as markets brace for the news on the upcoming FOMC meeting. Most traders are betting on a 25 bps rate cut, and that tiny policy tweak could end up lighting a serious spark across crypto. Right now, the prediction…
Whales are buying ETH as exchange reserves drop by 1M. Price holds near $4K, just 19% below ATH. Is Ethereum preparing for a breakout? Ethereum (ETH) is trading near $4,000 after bouncing from a low of $3,900 earlier this week. While the token is up about 4% over the past seven days, it has…
