Ethereum Defends $1.5K Support Amidst Weak Demand
Ethereum continues to trade within a firmly bearish market structure despite showing signs of stability. The cryptocurrency has been hovering around the $1.5K mark. This price level has become a…
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Jefferies flags crypto turbulence as Senate weighs the Clarity Act
Washington—Jefferies analysts warned on Thursday that the U.S. crypto market could see heightened volatility as the Senate debates the Clarity Act. The bank highlighted the bill’s uncertain path and…
TD Cowen Cuts Strategy’s Price Target by 35% Amid Ongoing Bitcoin Weakness
TD Cowen lowered its price target for Strategy on Tuesday, citing persistent weakness in Bitcoin. The move follows a renewed slide in Strategy’s stock, which fell again after a nine‑day losing…
Ethereum Price Decline Blamed on Quarter-End Positioning
Tom Lee, chairman of Fundstrat Global Advisors, attributes Ethereum's recent price drop to quarter-end window dressing. Ethereum's value plummeted in the second quarter. This decline has sparked…
Bitcoin Capital Framework Sparks Industry Debate as Shares Rise
Strategy, a major player, has unveiled a new Bitcoin capital framework, sparking mixed reactions from industry observers. Shares of MSTR and STRC surged following the announcement. The development…
XRP Holds Steady at $1 as On-Chain Activity Surges
XRP is trading above $1, despite stagnant price action, as on-chain activity and market dynamics undergo significant changes. The cryptocurrency's price has been steady. Daily active addresses have…
XRP and XLM Test Breakout Levels Simultaneously
XRP is holding steady at $1.04-$1.06, while Stellar's XLM has risen 3.91% to $0.18, with both cryptocurrencies testing breakout levels. Both XRP and XLM are currently facing a crucial test as they…
Strategy Shares Tumble 41% in June, Marking Eleventh Losing Month in a Year
Strategy (MSTR) stock is set to close June down about 41%, its steepest monthly drop since 2022. The decline makes June the eleventh month of loss for the company in the past twelve. The slide comes…
Ethereum Price at Risk as Support Weakens
Ethereum traded around $1,579.64 on June 30, near a crucial support area for short-term traders. The cryptocurrency has been struggling to gain momentum. Eight of its last ten monthly candles are…
Bitcoin Falters Below $60,000
Bitcoin's price remains under $60,000 as the monthly close approaches, with traders eagerly awaiting today's closure to gauge July's direction. Liquidations have slowed significantly. The…
XRP Ledger Sees Strongest Growth in Three Months
The XRP Ledger has experienced its most significant network expansion in over three months, sparking interest among investors. New wallet creations have surged, indicating a rise in user engagement.…
Gold Prices Fall Amid US-Iran Tensions
Traders are struggling to read the signals from Washington and Tehran as ceasefire talks approach, causing uncertainty in precious metals and cryptocurrency markets. Gold prices dropped in early…
BlackRock's Aladdin Platform Supports Ethena's Stablecoin Products
BlackRock's enterprise investment platform, Aladdin, now supports Ethena's stablecoin products, making USDe accessible to investment professionals. This development is a significant step in the…
Elo Ratings for Prediction Market Traders Introduced
Arkham, a blockchain analytics firm, has launched a rating system for prediction market traders. The new system assesses traders based on accuracy. It measures the difficulty of their successful…
Coinbase Plummets 62% a Year After Jim Cramer's PARC Basket Launch
Coinbase's stock price has dropped significantly over the past year, with a 62% decline since Jim Cramer's PARC basket was introduced. The cryptocurrency exchange's shares are now trading near their…