The BTC price is trading at a three percent loss today, March 21st. In the following, we take a look at some of the most important Bitcoin news of the past couple of days. Bitcoin and US interest rates: is there a correlation? Do changes in US interest rates impact Bitcoin’s price and how? According...Read More
Prominent on-chain investigator ZachXBT has claimed that William Parker, a UK man linked to a $1 million casino theft and previous hacking scandals, is the mysterious Hyperliquid whale. The entity allegedly manipulated crypto markets, profiting around $20 million using highly leveraged positions. Shady Trades and Suspicious Profits In a thread on X, ZachXBT detailed how...Read More
Since bitcoin (BTC) hit its all-time high (ATH) of $109,000 in mid-January, the leading cryptocurrency has plummeted by roughly 30%. This decline has extended beyond the asset’s price to the network’s open interest. According to data analyzed by the market intelligence platform Glassnode, Bitcoin Futures open interest is seeing a significant decline in speculation and...Read More
Earlier this week, Ripple CEO Brad Garlinghouse made the groundbreaking announcement that the SEC has decided to drop its appeal against the latest developments on the lawsuit, which he said means the case is now over. The statement had a dramatic and immediate effect on XRP’s price, even though the asset has calmed since then....Read More
South Korean prosecutors have launched an investigation into Bithumb over allegations that company funds were misused to purchase an apartment for its former CEO. The Seoul Southern District Prosecutors’ Office conducted a search and seizure operation on March 20 at the company’s headquarters in Yeoksam-dong, Seoul. The Alleged Purchase According to local media reports, Bithumb...Read More
In crypto trading, timing is everything and can be the difference between huge profits or disappointing losses. This was made quite clear recently when a crypto whale pocketed $1.8 million in profits from Aave (AAVE) trades but left a staggering $10.9 million on the table due to a poorly timed exit. The whale, identified by...Read More
Ripple CEO Brad Garlinghouse expects the native token to be included in the White House’s proposed digital asset reserves and anticipates an XRP exchange-traded fund (ETF) to debut before 2025 ends. His comments, made in a Bloomberg Markets interview, followed news that the U.S. Securities and Exchange Commission (SEC) has abandoned its appeal in its...Read More
The cryptocurrency market is still bleeding, but there may be signs that bitcoin (BTC) could likely be recovering soon. One of them is the asset’s hot supply, which refers to the amount of BTC that is available for trading. According to a tweet from the on-chain intelligence platform Glassnode, Bitcoin’s Hot Supply, a metric that...Read More
The Federal Reserve’s interest rate decisions have become make-or-break moments for crypto markets. Since 2022, when the Fed started aggressively hiking rates to combat runaway inflation, digital assets have mirrored the volatility in traditional markets. Santiment’s latest analysis suggests this correlation isn’t fading soon; if anything, it is becoming the new normal. Interest Rates and...Read More
Bitcoin’s recent price movement has sparked debate among analysts over whether the original cryptocurrency has entered a bear market. Renowned analyst Ali Martinez recently shared an in-depth analysis assessing Bitcoin’s (BTC) trend using multiple technical indicators and on-chain data. In his study, Martinez suggested that while BTC might be shifting into a bearish phase, certain...Read More
Coinbase has released its first Ethereum Validator Performance Report, providing a detailed breakdown of its staking operations. It shows that the platform operates 120,000 validators, with 3.84 million ETH staked to them, representing 11.42% of the total staked supply. An additional 581,500 ETH is also staked through its partners. 99.75% Validator Uptime and Zero Slashing...Read More
The XRP army finally got the news it had been waiting for over four years yesterday when Ripple CEO Brad Garlinghouse announced that the US SEC would drop its legal case against the company. Although this sounds like good news for everyone on the Ripple side, could it actually mean it’s time to short XRP?...Read More
The crypto market is stuck in “no man’s land,” with stagnation and speculation shaping its uncertain future. This is according to crypto analyst Aylo, who says the sector is struggling to find direction, with prices dropping significantly and triggers for bull runs becoming rare. Stagnation and Weak Demand Weigh on Crypto In a lengthy post...Read More
David Sacks, AI and czar for the White House, has criticized the media for what he described as an unfair portrayal of his decision to liquidate his digital asset holdings. He clarified that the move was not a reflection of lost confidence in digital assets but a necessary step to comply with government ethics rules....Read More
Recently, both North Carolina and Minnesota have introduced legislation aimed at expanding Bitcoin adoption amidst a growing trend among US states to explore cryptocurrency reserves. In North Carolina, the State Senate has passed SB327, a bill that authorizes the State Treasurer to allocate up to 10% of its public funds into Bitcoin. North Carolina, Minnesota...Read More
The price of Raydium’s RAY token shot up 28% after reports emerged that the Solana-based decentralized exchange (DEX) was planning to launch a rival meme coin platform, LaunchLab, to compete with Pump.fun. It follows rumors that Pump.fun is testing its own automated market maker (AMM), potentially threatening the exchange’s revenue stream. The Battle for Solana’s...Read More
Binance has maintained a reserve ratio above 100% for 29 consecutive months despite rumors of the crypto exchange selling off a significant portion of its Bitcoin reserve, according to blockchain analytics firm CryptoQuant. The reserve ratio is a key metric that shows whether an exchange holds enough assets to match customer balances. A ratio above...Read More
EOS Network has announced it will rebrand to Vaulta as part of a strategic shift toward Web3 banking. The transition includes a new token ticker and a swap portal, which is slated for the end of May 2025, although the date is subject to change. The company said that the objective is to bridge the...Read More
The past 48 hours saw quite a few interesting developments, and in the following section, we will summarize the most important Ripple (XRP) news from that period. Ripple Mints $25 Million Worth of RLUSD As CryptoPotato reported, Ripple minted a whopping 15% of RLUSD’s total supply (roughly $25 million coins) in one go earlier this week. This...Read More
Cardano (ADA) is experiencing declining momentum amid a broader market downturn. Over the past month, the crypto asset has shed nearly 12% and is currently hovering around $0.70. Recent on-chain data reveals that whales offloaded more than 100 million ADA tokens last week, which further contributed to increased selling pressure and uncertainty over the asset’s...Read More
The entire meme coin market, including its leader, was annihilated in the past few months due to the ongoing broader crash, which pushed the market capitalization south by over $1 trillion. Recall that Dogecoin stood close to $0.5 in early December, then peaked above $0.42 in mid-January but slumped to $0.14 on March 11. Even...Read More
Prominent business intelligence firm and the world’s largest corporate holder of the Bitcoin Strategy has announced plans to bid 5 million shares of its Series A Perpetual Strife Preferred Stock (PSPS) through a public offering. The company plans to use the proceeds for general corporate purposes, including working capital and the acquisition of Bitcoin. However,...Read More
The Solana Foundation has removed an advertisement from its official X account following criticism over its political messaging on gender identity. The ad, posted on March 17 to promote the Solana Accelerate conference, attracted negative commentary from the crypto community for its references to gender and pronouns. Solana Co-founder Disapproves of the Campaign The video...Read More
The BNB Chain-based meme coin launch platform Four.Meme was attacked once again. PeckShield has reported a fresh attack that resulted in the theft of approximately 200 BNB (worth around $130,000). The stolen funds have already been transferred to FixedFloat, a non-custodial exchange. Four.Meme Falls Victim Once More Blockchain security firm SlowMist was the first to issue...Read More
Metaplanet Inc. announced on March 18 that it had issued ¥2 billion ($13.3 million) in zero-interest ordinary bonds to finance further Bitcoin acquisitions. The development is part of the company’s broader strategy to expand its holdings of the number one cryptocurrency. Details From the Bond Issuance According to the announcement, the 9th series of ordinary...Read More
Vitalik Buterin sold 5,000 Dohrnii (DHN) tokens, which he had received for free from Dohrnii Labs, for $124,000, causing the token to lose half its value. This comes after repeated warnings from the Ethereum co-founder, advising projects not to send him tokens and instead donate directly to charity. DHN’s Price Drops by 50% According to...Read More
The Bitcoin market has been down for two months, with selling pressure from investors keeping prices supressed. While this represents a bearish trend for the leading crypto network, there may be a silver lining after all. A tweet from the market intelligence platform CryptoQuant revealed that the Bitcoin market is deleveraging. Historically, such events have...Read More
Dogecoin (DOGE), the world’s largest meme coin by market capitalization, is likely to rally when crypto market sentiment improves and the prices of digital assets stabilize, according to signals picked up by the on-chain analysis platform Santiment. Santiment said Dogecoin’s utility and rising smart money signal a potential turning point and a bullish outlook for...Read More
Bitcoin’s price has fallen more than 22% from its all-time high of over $109,000, recorded on January 20, the day of US President Donald Trump’s inauguration. The sharp decline has sparked concerns among investors, with several key technical indicators signaling bearish momentum. The downturn comes as new liquidity inflows slow, which has prompted speculation that...Read More
The crypto market has been bleeding for weeks, which is evident in the outflows recorded by Bitcoin and Ethereum exchange-traded funds (ETFs) and products. Last week alone, the financial vehicles tracking both assets saw outflows exceeding $1.2 billion across several countries, including the United States, Switzerland, and Canada. Withdrawals from other digital asset products brought...Read More
