The crypto market capitalization fell by nearly $27 billion on July 23, amid a notable sell-off in the Nasdaq 100 index and broader technology stocks. On Thursday, the crypto market cap declined by $26,909,225,074, down from $2,327,831,630,015 at the beginning of the day to about $2,300,922,404,941 at the time of reporting, according to data from […]
A Bitcoin address on-chain analysts believe is tied to the crypto investment firm Abraxas Capital has deposited 2,211 $BTC, valued at approximately $144 million, into the Kraken exchange. The transaction, flagged by blockchain analytics platform Arkham, occurred earlier this week and has drawn attention from traders monitoring large holder movements. On-Chain Signal and Market Implications […]
Bitcoin ($BTC) extended its recent correction on Thursday, trading below $65,800 after posting modest losses in the previous session. While institutional investors continue accumulating Bitcoin through spot exchange-traded funds (ETFs), growing geopolitical tensions in the Middle East have dampened investor sentiment and limited the cryptocurrency’s upside. The latest decline comes as higher oil prices and […]
Daddy Tate (DADDY) memecoin has seen its market capitalization crash by nearly $4 million since Andrew Tate was arrested and charged with more criminal charges. The token’s market cap has plunged by $3,945,584, down from $8,819,958 on July 18 to about $4,874,374 on July 23, according to data from CoinGecko. As such, Daddy Tate coin […]
Japan may approve its first spot Bitcoin exchange-traded fund as early as 2028, according to a report from Nihon Keizai Shimbun. The development follows the enactment of a landmark bill on July 15 that legally classifies cryptocurrencies as financial products, marking a significant shift in the country’s regulatory approach to digital assets. New Law Paves […]
As XRP price gained bullish momentum over the past few weeks, macro analyst Investor Jordan informed his followers that the token has started a parabolic rally. The U.K.-based swing trader stated that XRP price, in the higher time frames (HTF), is back to a support level that could yield a parabolic growth to at least […]
While Bitcoin has been fluctuating near the $65,000 level, market analysts have highlighted critical support and resistance levels that should be closely monitored in the short term. The world’s largest cryptocurrency, Bitcoin, fell as low as $65,484 during the day, according to Coinbase and TradingView data. Thus, Bitcoin continues to trade approximately 50% below its […]
Public financial companies are significantly adopting Bitcoin ($BTC), with 1,201,521 $BTC (nearly $79.02B) in total holdings of the top 151 firms. This marks a notable landmark in the inclusion of digital assets within conventional finance, as Bitcoin dominates 5.72% of public companies’ holdings. As per the data from Phoenix Group, Strategy, Twenty One Capital, and […]
While Elon Musk’s latest interaction with a Dogecoin-related post drew attention, traders were more focused on a rare series of weekly buy signals that have yet to translate into price strength. It was the first Dogecoin [$DOGE]-related memecoin the billionaire has liked since the biggest memecoin, $DOGE itself, Whale Insider reported on X. Technical analyst […]