Bybit opens “Vault of Legends” with 500,000 USDT in exclusive VIP rewards
Bybit opens “Vault of Legends” with 500,000 USDT in exclusive VIP rewards
Bybit opens “Vault of Legends” with 500,000 USDT in exclusive VIP rewards Read More »
BTC Hashprice Falls to Five-Year Low
The Bitcoin hash price fell to its lowest level in five years, according to Luxor, now sitting at $38.2 PH/s. Hashprice, a term introduced by Luxor, measures the expected daily value of one terahash per second of computing power. The metric reflects the amount of revenue a miner can expect from a specific amount of
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Solana (SOL) rises 5.8%, leading index on the rise
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2947.42, up 1.5% (+43.33) since 4 p.m. ET Monday. Sixteen out of twenty assets are trading upwards. Leaders: SOL (+5.8%) and APT (+5.3%). Lagging behind: ICP (-3.0%) and
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Global Disruption Takes Crypto Sites Offline
A global outage of Cloudflare’s internet services led to an outage of several crypto front-ends on Tuesday. Block explorer Abritrum Arbiscan reports “major outage”, with several other sites including social media platform X and data platform DefiLlama reporting intermittent “internal server errors”. “Cloudflare is aware and investigating an issue affecting multiple customers: widespread 500 errors,
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Fear Grips Market as BTC Price Tests Support and Altcoins Weaken
The crypto market showed little to no signs of recovery on Tuesday, along with bitcoin. BTC$91,380.91 trading at $91,400 while ether ETH$3,051.96 was trading around $3,060. The Fear and Greed Index now reads 15/100, a low not seen since April, before the price of Bitcoin defied bearish expectations by jumping from $76,000 to over $100,000
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German Stock Exchange to Add SocGen’s MiCA Stablecoins to Core Market Systems
Deutsche Börse Group (DB1) and Société Générale-FORGE plan to introduce euro- and dollar-regulated stablecoins into systems that support some of Europe’s largest financial markets, the companies announced on Tuesday. The groups signed an agreement to integrate SG-FORGE’s CoinVertible euro and dollar tokens with Deutsche Börse’s post-trade operations, including Clearstream. Today, most settlements are made through
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Bitcoin Dominance Bleeds With Prices, But Market Watchers Say Altcoin Season Is On Hold
Bitcoin BTC$91,568.78 saw a sharp decline this month, accompanied by a decline in its dominance rate, the share of BTC’s market capitalization relative to the total cryptocurrency market. A lower dominance rate is often interpreted as investors moving away from bitcoin and into altcoins, fueling speculation that an “alt season” is coming. Analysts caution, however,
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Record $1.26 Billion Outflow Hits BlackRock Bitcoin ETF (IBIT) as Cost of Bearish Options Skyrockets
BlackRock’s bitcoin spot ETF, IBIT, saw record outflows this month amid falling prices and a sharp rise in the cost of bearish options used to protect against further market declines. Nasdaq-listed BlackRock Bitcoin ETF IBIT has seen a net outflow of $1.26 billion so far this month, marking the largest monthly redemption since its launch
Mastercard Chooses Polygon to Bring Verified Usernames to Self-Service Wallets
Mastercard (MA) has chosen Polygon to power a new system that lets people send cryptocurrencies to verified usernames instead of long wallet addresses, the companies announced Tuesday. Mastercard Crypto Credential standardizes how blockchain addresses are verified by enabling human-readable aliases that match a verified person, the company said in an emailed press release. Mercuryo, a
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Pulls back from the $2.27 peak while maintaining its uptrend structure above $2.15
Technical outage accelerates despite institutional product rollout as XRP tests critical support amid broader market weakness. News context Several XRP ETFs launched throughout November, including Franklin Templeton’s EZRP on November 18, joining Canary Capital’s XRPC and several Bitwise products. Combined first-week ETF flows exceeded $245 million, signaling substantial institutional interest during the rollout. Despite strong
Pulls back from the $2.27 peak while maintaining its uptrend structure above $2.15 Read More »