Data analytics firm IntoTheBlock suggests a massive surge in stablecoin market capitalization could be a precursor to a significant cryptocurrency market rebound. Stablecoins Hit Record High The total market cap of stablecoins recently topped $220 billion, a new all-time high. While this reflects traders moving to less volatile, dollar-pegged assets, IntoTheBlock highlights the sheer amount…
An Ethereum-based altcoin, Across Protocol (ACX), saw a massive price jump after South Korea’s second-largest cryptocurrency exchange, Bithumb, announced it would support the token. A Quick 68% Surge The news sent ACX prices skyrocketing. In just a few hours, the price went from $0.275 to a high of $0.462 – a nearly 68% increase! While…
A popular crypto analyst, known only as Inmortal, is predicting a massive Bitcoin (BTC) price surge. Despite many believing a market downturn is coming, Inmortal sees things differently. Bitcoin’s Two-Stage Bull Run Inmortal, who boasts a large following on X (formerly Twitter), claims Bitcoin bull markets typically unfold in two stages. Based on historical data,…
Bitcoin’s price is always a rollercoaster, and figuring out what’s next is tricky. But one analyst, Axel Adler Jr., thinks we might be in for a bit of a breather. Investor Sentiment: The Key Indicator Adler Jr. looked at the “Bitcoin Fear and Greed Index.” This index measures the overall mood of Bitcoin investors, ranging…
US Bitcoin ETFs recently saw a major shift. After several weeks of investors pulling their money out, things took a positive turn. A $744 Million Influx The week ending March 21st saw a massive $744 million inflow into US Bitcoin ETFs. This marked a huge turnaround, ending a five-week losing streak where a total of…
A Hong Kong investment company, HK Asia Holdings, is making waves by significantly increasing its Bitcoin holdings. This isn’t just a small purchase; they’re seriously committed to crypto. Another Bitcoin Buy HK Asia Holdings recently announced they bought an extra 10 Bitcoin, adding to their existing stash. This latest purchase, worth roughly $858,581, brings their…
Orca’s recent price explosion shows how much a major exchange listing can boost a cryptocurrency. With meme coins and altcoins trending, several promising presales could be poised for similar success. Let’s look at three: Why Exchange Listings Are HUGE Orca’s 170% jump after its Upbit listing highlights a key factor in crypto success: major exchange…
Bitcoin’s been having a rough time lately. Global uncertainty, fueled by things like unpredictable political decisions and economic worries, is making investors nervous. This is impacting everything, including crypto. Traders in the Red Bitcoin’s struggling to break above $90,000, a key resistance level. Many traders are underwater, with an average unrealized loss of about 14%….
Binance is adding support for a new cryptocurrency focused on secure data storage. This new coin, called Nillion (NIL), will be available through Binance Launchpool. Launchpool Explained Binance Launchpool lets users stake their existing crypto to earn new tokens. This time, users can stake BNB (Binance’s coin), FDUSD, and USDC to get NIL. What is…
MicroStrategy, a major holder of Bitcoin, is planning to buy even more Bitcoin after a successful stock sale. A Big Stock Sale, Bigger Bitcoin Buys? The company recently sold $722.5 million worth of preferred stock. They’re planning to use this money, along with some extra cash, to boost their Bitcoin holdings. This follows a previous…
