The crypto market is experiencing a rare period of calm following Tuesday’s massive sell-off that swept away bitcoin. BTC$76,015.23 and ether ETH$2,253.90 to new multi-year lows. BTC was recently trading at $76,100 after rebounding from $72,870, the lowest since November 2024, while ETH is at $2,255 after falling to a level not seen since May […]
The hype around cryptocurrency companies going public is fading as the markets are still considered insufficiently large for traditional financial companies (TradFi) which are increasingly interested in the sector. Fewer investors are feeling as confident as last year, according to a report from the influential CfC St. Moritz crypto conference in Switzerland, which recorded the
Wealthy Investors and Crypto Industry Leaders See IPO Hype Diminish in 2026 Read More »
Crypto press release distribution services have become a tool for questionable projects to avoid third-party scrutiny and create an illusion of legitimacy, a new report from Chainstory shows. Researchers looked at 2,893 news releases sent between June and November last year. They found that more than 60% came from projects with “classic red flags,” such
Tether has quietly pulled out of plans to raise up to $20 billion in new capital after facing investor resistance to a valuation proposal that would rank the stablecoin issuer among the world’s most valuable private companies, according to an FT report published on Wednesday. The company, which issues the USDT stablecoin with more than
Tether cuts funding ambitions by $20 billion after investor resistance: FT Read More »
Rui-Siang Lin, the alleged operator of the dark web drug marketplace “Incognito Market,” was sentenced Tuesday to 30 years in U.S. federal prison, according to a statement from the U.S. Attorney’s Office for the Southern District of New York, ending one of the largest online drug market prosecutions since Silk Road. Lin, a 24-year-old Taiwanese
Savvy traders use many tools to analyze the markets. The relative strength index (RSI) is one of the most popular, detecting the strength of trends and extremes of momentum. Currently, the RSI is signaling that bitcoin is oversold, suggesting that the recent sell-off has been too intense and prices could see a relief rebound. But
Bitcoin’s “RSI” screams oversold. Here’s what it means Read More »
Bitcoin Price Today: Down to $76,000 After Hitting 15-Month Low Following Heavy Liquidation
Bitcoin exchange-traded funds saw further outflows on Tuesday even as ether and U.S.-listed spot Bitcoin ETFs saw net outflows of about $272 million on Feb. 3, according to data compiled by SoSoValue, continuing a distribution pattern that emerged during recent Bitcoin price swings. (SoSovalue) The withdrawals came as bitcoin fell sharply, sliding toward $73,000 before
Bitcoin ETF outflows deepen as Ether and XRP funds quietly attract inflows Read More »
There is always a bull market somewhere. While Bitcoin and Bitcoin Holder Strategy stocks are falling, an exchange-traded fund designed to move in the opposite direction of the MSTR and double its daily change has hit an all-time high. This exchange-traded fund is the GraniteShares 2x Short MSTR Daily ETF, trading under the symbol MSDD
ETF that feasts on MSTR carnage hits record high Read More »
Cryptocurrency prices stabilized on Wednesday after a volatile start to the week, following a modest improvement in overall risk sentiment, although traders remained cautious about the short-term direction. The total crypto market cap increased by around 1.7% over the past 24 hours to around $2.65 trillion, according to data from CoinMarketCap. The rebound follows sharp
What’s next for Bitcoin, Ether and Solana traders after BTC rebounds to $76,000 Read More »
