Bitcoin
Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump
One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts. Source link
Month: August 2023
Market Analysis
Warren Davidson Puzzled By XRP Holders Supporting CBDCs
United States Congressman Warren Davidson voices his surprise at the response from the XRP community regarding Ripple’s work with Central Bank Digital Currencies (CBDC). Davidson, an outspoken critic of CBDCs, is determined to challenge the […]
Market Analysis
Ripple Labs Refutes SEC Move to Appeal Court Ruling
Ripple Labs has responded to the Security and Exchange Commission’s filing of an interlocutory review of the court ruling in July. The legal team claims that no “extraordinary circumstance” exists to warrant an appeal. On […]
Ethereum
SHIB Prices Fall as Shibarium Bridge Fails to Work Properly
Blockchain data shows transactions on the network were stalled for at least five hours as of writing time. Users had transferred 954 ether (ETH), worth $1.7 million at current prices, and $750,000 worth of bone […]
Market Analysis
Can Axie Infinity Hit $6 Target?
Axie Infinity (AXS) bears finally broke down the $6 support level on Aug 12 after nearly a month of multiple attempts. Amid growing bearish momentum, on-chain data examines the bulls’ chances of forcing an early […]
Market Analysis
Ben Mckenzie Wants Cryptocurrencies to Be Classed as Securities
Actor and author Ben Mckenzie, known for his prominent role in ‘The OC,‘ states that cryptocurrencies ought to be classified as securities. He also cautions against the rising occurrence of wash trading in the industry. […]
Market Analysis
Dubai Regulator VARA Issues Notice Against OPNX Exchange
Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a notice against the OPNX exchange after the company failed to pay a $2.7 million fine for violating marketing rules. Dubai has been one of the favorite […]
Market Analysis
BlackRock Under Fire for Owning Zambian Debt
In recent years, BlackRock has attempted to reinvent itself as a socially conscious investor. However, this week activists have gathered outside the asset manager’s headquarters in New York City. They protest the firm’s ownership of […]
Ethereum
Files For ETH Futures ETF With SEC
Asset management firm Valkyrie has taken a significant step by filing for an Ether or Ethereum (ETH) futures exchange-traded fund (ETF) called “Valkyrie Ethereum Strategy ETF” with the United States Securities and Exchange Commission (SEC). […]
Market Analysis
APE, LUNC, PEPE Crashing, While Sonik Meme Coin Hits $26k
Major coins like ApeCoin, Luna Classic, and Pepe have seen their prices crash dramatically in recent days as negative momentum in the crypto sphere intensifies. This bearish momentum comes hot on the heels of a […]