The crypto market is facing one of its toughest tests yet with bitcoin BTC$97,014.68 price breaking below the crucial support level of $98,000 after a wave of selling pressure in a low liquidity environment. The selloff brought more than $1.1 billion in liquidations, about half of which occurred on bitcoin trading pairs, according to CoinGlass. […]
BTC Price Breaks $98K As Liquidations Top $1.1B Read More »
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. It is unusual to see ether ETH$3,207.31the world’s second-largest cryptocurrency by market capitalization, showing relative strength against market leader bitcoin on a day when the market is under pressure. Today is precisely that rare case. While bitcoin BTC$97,312.27 is down
3 Charts to Track as Ether Strengthens Against Bitcoin Read More »
The Monetary Authority of Singapore (MAS) plans to trial tokenized bills settled with wholesale central bank digital currency (CBDC) as the next phase of integrating blockchain-based finance into its economy. Singapore’s central bank is also preparing draft legislation for a stablecoin regulatory regime, MAS chief executive Chia Der Jiun said at the Singapore Fintech Festival
Singapore central bank to trial tokenized bills, introduce stablecoin laws Read More »
A fresh drop in the Asian morning compounded losses for hopeful traders as bitcoin lost the $98,000 level for the first time since May, extending a week-long bleeding that has dragged the majors down sharply. Ether fell more than 8% to around $3,500, while XRP, DOGE$0.1647Solana’s SOL and Cardano’s ADA had similar declines. The tone
Bitcoin Dips Below $97,000, $880M In Liquidations Read More »
Brutal selling breaks psychological bottom of $2.30 and erases recent gains as distribution overwhelms historic XRPC debut. News background XRP’s worst intraday drop in weeks coincided with a major industry milestone: the launch of the first US spot XRP ETF, Canary Capital’s XRPC, now officially effective on the Nasdaq from 5:30 PM ET. The listing
XRP ETF Fails to Bump Bulls as Ripple-Linked Token Falls 7.3% Amid BTC Selloff Read More »
The 11 US-listed spot bitcoin exchange-traded funds (ETFs) collectively soaked up $869.86 million on Thursday, recording their second-highest outflow ever, according to data source SoSoValue. Investors have withdrawn $2.64 billion over three weeks, signaling increasing caution and changing sentiment in the market. Thursday’s outflow coincided with Bitcoin’s drop below the key $100,000 support level and
$869M Outflow Hits Spot ETFs Read More »
Bitcoin price today: falls to 6-month low below $100,000 as December rate cut bets fade
Bitcoin price today: falls to 6-month low below $100,000 as December rate cut bets fade Read More »
Tether’s dominance of the cryptocurrency market has surged, reaching its highest level since April, underscoring risk aversion in the broader crypto market. Tether is the world’s largest dollar-denominated stablecoin, trading at a market cap of $184 billion at press time. While stablecoin is widely used to finance crypto purchases and for lending and borrowing activities,
Tether reaches highest dominance since April, underscoring BTC downtrend Read More »
Canary Capital’s XRPC, the first U.S. spot exchange-traded fund (ETF) pegged to payments-focused token XRP, marked an impressive debut Thursday with $58 million in trading volume — the highest for any ETF launched this year across more than 900 fund launches, according to Bloomberg ETF analyst Eric Balchunas. The volume numbers narrowly edged out Bitwise’s
Canary’s XRP ETF Tops 2025 Debuts With $58M Day-One Volume Read More »
Self, a zero-knowledge identity and proof-of-humanity protocol used by Google ( GOOG ) and Aave, said it raised $9 million in seed funding and introduced a points-based rewards program to promote on-chain identity verification. Investors include Greenfield Capital, Startup Capital Ventures x SBI Fund (SoftBank), Spearhead VC, Verda Ventures, Fireweed Ventures and angel backers such
Zero-Knowledge Identity Startup Self Raises $9M, Introduces Points Program Read More »
