Ethereum is undergoing one of the most significant resets in over a year, caused by its price breaking below $4,000. This retest has been most visible in futures open interest, where billions of dollars in positions have been wiped out across major exchanges. This rapid unwinding comes as a correction move to weeks of excessive…
The cryptocurrency market remains in disarray following widespread declines, yet the XRP price continues to attract the attention of analysts who maintain an optimistic outlook. One expert noted that XRP has just printed a rare and bullish setup, with multiple chart indicators aligning in support of upward momentum. XRP Price Forms Rare Multi-Layered Bullish Setup…
As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant…
Ethereum’s institutional narrative is strengthening as US-based Spot ETF trackers witnessed another week of inflows last week. BlackRock’s ETHA fund captured the majority of this activity with more than half a billion dollars in new investments, while other ETFs struggled with minor outflows. At the same time, technical patterns are aligning with this buying pressure,…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
The integration of cryptocurrency payments is transforming global commerce, offering businesses the chance to expand their market reach and accelerate growth. By adopting Web3 payment gateways, companies can engage with a broader audience and enhance their presence in the digital economy. The adoption of cryptocurrency payments provides businesses with numerous opportunities to widen their consumer…
Bitcoin (BTC) has surged from around $108,000 on September 1 to above $115,000 at the time of writing – recording a gain of roughly 4% over the past two weeks. However, fresh on-chain data suggests that Bitcoin may be on the cusp of a fresh rally that could propel it to new all-time highs (ATH).…
After a summer marked by cautious investor sentiment and shifting priorities across the sector, new figures show that capital flows into crypto are starting to cool. Overall funding for crypto protocols was down 30% in August, sliding to nearly $2 billion from July’s $2.67 billion, according to DeFiLlama. Related Reading Funding Dips Yet Quarter Gains…
Bitcoin is back in the spotlight after reports confirmed that coins untouched since 2012 have been moved for the first time. Related Reading The reactivation of an old wallet came at a moment when the market is already buzzing with strong ETF inflows and record levels of stablecoin liquidity. Wallet Reactivates After 13 Years According…