Analysts suggest the crypto bear market is approaching its end, with $60K seen as a crucial support level for bitcoin.
Cryptocurrency markets might be close to hitting the low point of their current slump, but analysts at Compass Point suggest that a larger risk-off event is necessary for Bitcoin to climb again. In a report released Monday, analysts Ed Engel and Michael Donovan indicated that while immediate risks seem to tilt downward, the crypto bear […]
White House crypto meeting explored the stablecoin yield discussion related to the market structure bill
Talks on Crypto Regulation Stalled by Banking Concerns During a recent White House meeting intended to bridge the gap between crypto companies and Wall Street bankers, it became clear that the two groups are still at odds. Many crypto advocates were present, and, feeling frustrated with the slow pace of negotiations, they decided to leave. […]
Investments in Bitcoin and Ethereum ETFs Turn Negative for 2026 as Crypto Funds Lose $1.7 Billion
Simply put Digital asset funds experienced outflows of $1.7 billion last week, marking a negative trend in outflows for the year. Most of the redemptions came from American products, with only a small fraction going into Europe. This outflow trend coincides with a broader market downturn. Last week, investment products linked to digital assets saw […]
Analyst suggests that the recent drop in crypto prices is likely caused by a lack of liquidity in the US.
Market Downturn Attributed to U.S. Liquidity Issues, Not Crypto Problems Raul Pal, the founder and CEO of Global Macro Investor, suggests that the recent significant downturn in the crypto market, which saw a $250 billion loss in capital, is more a result of liquidity challenges in the U.S. rather than issues specific to cryptocurrencies. On […]
Concerns About Ethics Arise from UAE Royal’s Reported Investment in Trump Crypto Project
Simply put Right before Trump’s inauguration, a company connected to the UAE decided to purchase a 49% stake in World Liberty Financial, a cryptocurrency firm linked to Trump. The Wall Street Journal notes that a significant portion of the funds went to Trump and the Witkoff family’s organizations. This agreement precedes a shift in U.S. […]
$2B Loss in Crypto: Bitcoin and Ethereum Prices Plummet
The cryptocurrency market witnessed a significant wave of forced liquidations on January 31, leading to a sharp drop in derivatives trading across various major exchanges. In just 24 hours, crypto liquidations surpassed $2 billion, marking one of the largest deleveraging events in recent memory. Most of the positions harmed were leveraged long trades that found […]
Crypto trader loses more than $12 million in a tough error
A cryptocurrency trader accidentally sent $12 million worth of Ethereum (ETH) to a fraudulent wallet, falling victim to what appears to be a successful address poisoning attack. Blockchain records indicate that the trader, identified by the wallet address 0xd674, had been transferring significant amounts of ETH to Galaxy Digital’s deposit address regularly. An insight shared […]
Ongoing intense fear in crypto signals strong optimism, according to Santiment
Crypto Market Sentiment Shows Signs of Low Confidence The sentiment in the cryptocurrency market has fallen to its lowest point this year, which, interestingly, may hint at a possible rebound, as noted by the analysis platform Santiment. Santiment mentioned in a recent update, “This sentiment data is one of the few strong bullish signals currently […]
Silver’s 35% drop surpasses Bitcoin in an unusual crypto sell-off
Liquidation Hits Tokenized Silver Futures Hard In an unexpected turn of events, tokenized silver futures experienced the largest liquidation in the cryptocurrency markets over the last day, surpassing both Bitcoin and Ether. This unusual shift in risk dynamics illustrated how the decline in silver’s price affected commodity-related crypto futures. Data from CoinGlass indicated that around […]
Supporters of Trump invested $550 million in his family’s crypto token and are now hoping to exit.
Trump Fans Invest Big in WLFI Tokens But Face Trading Challenges Supporters of Trump bought $550 million worth of WLFI tokens. Many have yet to trade the majority of their holdings. The project’s founders control who can sell and when. When fans of Trump acquired $550 million in WLFI, a token linked to the Trump […]