Investors are considering their stance on the crypto market going into the weekend after a bullish wave triggered modest increases across the board on Friday. Bitcoin price settled above $41,000 up 5.5% in 24 hours while Ethereum ticked up by 4% to $2,277, CoinGecko revealed. Solana-built meme coin BONK exploded in double-digits to trade at […]

Spot Bitcoin ETFs in the United States recorded one of the biggest outflows so far in the month of April on Thursday. Yesterday, the total outflows across all ten spot Bitcoin ETFs stood at a staggering $217 million. The Grayscale Bitcoin ETF GBTC led the pack with $140 million in outflows. Multiple Bitcoin ETFs See […]

ALT, the native cryptocurrency of the Altlayer blockchain, has witnessed a strong rally since its long launch earlier this month. The Altlayer (ALT) price is up by 8% in the last 24 hours and is currently trading at $0.3452 with a market cap of $380 million. On the weekly charts, the ALT price is trading […]

In a strategic maneuver reminiscent of industry giant MicroStrategy, Metaplanet Inc., a prominent Japanese company, has made its foray into the cryptocurrency market. The firm recently disclosed its decision to allocate a significant sum, amounting to ¥1 billion ($6.25 million), towards the acquisition of Bitcoin. This move, disclosed in a recent announcement, reflects Metaplanet’s strategic […]

Bankrupt FTX has been long-struggling to repay its former customers. However, the embattled crypto exchange is now riding the “sell-to-pay” route to help reduce its debt. According to Bloomberg reports, FTX is now offloading its assets that are related to cryptocurrencies to pay back customers. FTX to sell its crypto assets to repay former clients […]

LUNC News: Terra Luna Classic community has unanimously approved a key proposal to update the interblochain communication (IBC) client between Terra Classic and Kujira (from 07-tendermint-178 to 07-tendermint-246), allowing the connection between the two chains to work again. This improves Terra Classic revival effort by increasing liquidity and freeing frozen funds. Terra Classic Community Approves […]

Over the past week, Bitcoin (BTC) price action has been sluggish. However, it has now moved above the $40K mark, indicating a potential recovery path. Ethereum (ETH) also clocked significant losses over the week but has now managed to neutralize its position. On Saturday, Bitcoin’s price stood at a level close to $42,200, marking a daily increase […]

As the Bitcoin (BTC) network navigates through the aftermath of its fourth Halving event, a key metric providing insight into the profitability of BTC mining has plummeted to an all-time low. The hashprice, coined by Luxor, descended to $57.09 on Friday, April 26. This echoes levels last seen in the wake of the FTX collapse […]

Markus Thielen, chief executive officer of 10x Research, on Monday said new highs for Bitcoin price are coming. He was one of the first few analysts who predicted a BTC price retracement to $38,000 post-spot Bitcoin ETF approval based on Bitcoin wave patterns. The crypto market rally faced headwinds amid uncertainty due to low trading […]

In a tumultuous turn of events, the recent crypto market selloff has sparked discussions in the digital asset market while resulting in the liquidation of a staggering $70 billion within a span of 24 hours. Meanwhile, this latest downturn follows a period of heightened volatility in recent days, raising concerns among investors and analysts alike. […]