In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
Global stablecoin supply has fallen 2.7% in two months to $177.9 billion, according to a report from HourNetwork. The decline in supply was driven by PayPal's dollar-pegged stablecoin PYUSD, which saw its supply drop by about 50% to $300 million from $6.6 billion last month. Compared to the...
According to DeCrypt, an AI bot Truth Terminal's conversation with Coinbase CEO Brian Armstrong sent the price of the meme coin Russell (RUSSELL) skyrocketing. During a conversation with Armstrong on X (formerly Twitter), Truth Terminal suddenly asked the question, “Specifically, what is the...
According to The Block, crypto custody firm Copper released a report that suggests Bitcoin may have reached a near-term price peak ahead of the U.S. presidential election. “On-chain indicators are showing signs of market overheating,” the report said, noting that ”98% of Bitcoin wallet addresses...
Cryptocurrency-based prediction market Kalshi has added non-U.S. election betting contracts, according to Cointelegraph. According to documents filed by Kalshi with the U.S. Commodity Futures Trading Commission (CFTC), the products are related to elections in Australia, Ecuador, and other...
On-chain analyst AmberCN reports via X that “The ETH/BTC ratio, which measures the price of ETH against BTC, is at 0.0377, the lowest since April 2021. The number one long ETH/BTC whale, Amaranth Foundation founder James Fickel, estimated address, sold 2000 ETH (approximately $5.06 million) seven...
In response to the NYSE and CBOE options approval for Bitcoin spot ETFs, The Block quoted several experts as saying that “the introduction of options on Bitcoin spot ETFs is likely to increase volatility.” Ed Tolson, CEO of crypto hedge fund Kbit, said: “It seems likely that retail investors will...
The market capitalization of Tether (USDT), the largest stablecoin, surpassed $120 billion on Nov. 21, hitting an all-time high. According to data from Tether's official website, the market capitalization of the U.S.-dollar-linked Tether reached $120.597 billion on Nov. 21. As Tether's market...
Total locked-up deposits (TVL) in the prediction markets have surpassed $250 million, according to data from DeFiLama. Predictive markets now have $253 million in TVL, led by Polymarket with $216 million. Other platforms with over $1 million in TVL include on-chain liquidity layer solution Azuro,...
According to Whalealert, an anonymous BTC whale address that has been dormant for about 10.9 years just transferred 21 BTC. It's worth about $1.51 million.
Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose two points from the previous day to 73. The greed phase persisted. The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close to 100. The Fear-Greed Index is calculated...
On October 14, 2024, Bitcoin (BTC) surged 2.5% to surpass the $64,000 mark due to massive liquidations in the Bitcoin futures market. According to data from on-chain analytics platform Glassnode, the Bitcoin surge on the afternoon of October 14 resulted in the liquidation of approximately $2.5...
According to the Daily Hodl, an anonymous analyst with about 216,000 Twitter followers, Inmortal, believes that “Bitcoin price is forming a parabolic trend, increasing the chances of a resumption of the upward rally.” “BTC's current behavior is following a similar pattern to that of 2023. Back...