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…
According to data from blockchain analytics firm Glassnode, a group of mid-sized Bitcoin holders has stepped up buying this week, taking in roughly 65,000 BTC over the past seven days. Related Reading At a spot price of $113,595, that haul equals about $7.35 billion. Reports have disclosed that these investors — wallets holding between 100…
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…
Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City,…
Elliott Management, the activist investment firm led by Paul Singer, has raised concerns regarding the cryptocurrency market, suggesting that it may be on the brink of an “inevitable collapse.” In a recent investor letter reported by Fortune, the firm attributed the inflation of this so-called “crypto bubble” to the perceived endorsement from the White House,…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
This week is shaping up to be critical for the broader crypto market, marked by a prevailing sense of caution as prices consolidate ahead of their next direction. According to market analysis firm Bull Theory, the forthcoming Federal Open Market Committee (FOMC) meeting is on the horizon, and its outcome will largely hinge on the…
Conversations across the crypto space are circling back to blue-chip tokens, with Bitcoin, Ethereum, and Dogecoin taking the spotlight. Data from on-chain analytics platform Santiment shows that top market cap cryptocurrencies are dominating the surge in social chatter, with discussions ranging from institutional adoption and ETF speculation to technical barriers and ecosystem growth. Alongside them,…
Data from multiple blockchain trackers shows that Coinbase has drastically cut its XRP holdings, a move that has taken many crypto investors by surprise. Analysts say such a huge reduction points to large outflows from institutional investors, but others have gone further by alleging manipulation. However, pro-XRP lawyer Bill Morgan has poured cold water on…
Ethereum (ETH) has just made history with a development that could reshape its market trajectory. For the first time, the Ethereum exchange balance has turned negative, meaning more tokens are being withdrawn from trading platforms than deposited. This structural shift in supply dynamics has analysts labeling it a key bullish signal for the market’s next…