Author: Digicoinvision
Key points:Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.Several altcoins are striving to hold on to their support levels but may face solid selling on rallies.Bitcoin (BTC) fell to $111,800 on Monday but has since recovered above the $112,700 level. The nasty fall was due to liquidation of leverage positions. CoinGlass said in a post on X that traders faced $1.62 billion in long liquidations in 24 hours, which was the biggest long liquidation of this year.Select analysts are not perturbed by the fall as they anticipate BTC to…
President Javier Milei has again raised the prospect of dollarizing Argentina — a key plank of his political campaign. Milei, who touts dollarization as a solution to inflation, said it could be implemented only if the Argentine people vote for it. President Javier Milei Consider Dollarization as Argentine Peso Sinks After seemingly having controlled the […]
Token generation events (TGEs) are increasingly criticized as exit ramps for crypto founders, leaving behind blockchains with little real activity.Projects often debut with thin circulating supply and inflated valuations, giving genuine supporters little chance to see sustainable returns. Industry sources argued that low floats and automated market makers (AMMs) help sustain prices temporarily, but once vesting unlocks begin, sell pressure typically overwhelms the market.Some tokens spike at launch on hype and scarcity, but most slide steadily as supply enters circulation.“It’s a never-ending cycle,” Brian Huang, co-founder of crypto management platform Glider, told Cointelegraph. “A new chain becomes irrelevant, talent leaves,…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Ethereum (ETH) has slipped 6.1% in the past 24 hours, falling below $4,300 after bulls failed to defend the crucial $4,500 resistance zone. The decline comes despite fresh institutional buying, with Tom Lee–led BitMine purchasing approximately $84 million worth of ETH in just 24 hours, lifting its holdings to over 2.15 million coins. Related Reading BitMine’s aggressive accumulation, executed in five separate tranches, proves the growing institutional adoption. However, the market remains in “fade-the-rally” mode, as short-term traders continue to sell into strength. Fed Rate Cut Bounce Fizzles Ethereum (ETH) initially spiked above $4,600 after the U.S. Federal Reserve announced…
Key Takeaways Why does Polygon matter now? Polygon matched Ethereum with 29% USTBL TVL, cementing its institutional role. What’s next for POL’s price? Traders watched $0.22 support and $0.2899 resistance. A rebound could extend toward $0.3426 and $0.4209 if accumulation holds. Polygon’s native token, POL (ex-MATIC) [POL], drew investor attention as it matched Ethereum [ETH] in U.S. Treasury Bill TVL, with both holding 29%. This milestone highlighted the rising demand for institutional-grade exposure through Polygon’s network, which has steadily attracted inflows due to its lower fees compared to Ethereum. As capital rotates toward efficient blockchains, the surge in TVL has…
As Argentina grapples with soaring inflation and a run on the peso that has battered domestic asset prices, the United States has stepped in with the promise of a financial lifeline — though Bitcoin proponents remain skeptical it will make a difference.The peso tumbled roughly 4.5% last week as investors questioned President Javier Milei’s ability to deliver fiscal and structural reforms following his party’s poor showing in Buenos Aires provincial elections earlier this month. The sell-off was compounded by a corruption investigation involving a family member of Milei, deepening political uncertainty.Investor unease triggered heavy outflows from Argentine markets. The central…
Key points:Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.Several altcoins are striving to hold on to their support levels but may face solid selling on rallies.Bitcoin (BTC) fell to $111,800 on Monday but has since then recovered above the $112,700 level. The nasty fall was due to liquidation of leverage positions. CoinGlass said in a post on X that traders faced $1.62 billion in long liquidations in 24 hours, which was the biggest long liquidation of this year.Select analysts are not perturbed by the fall as they anticipate BTC…
If you’re looking at presale crypto coins, this is the moment to dig in. 2025 has unlocked a new chapter in early-stage crypto investing, and some of the names on this list are pulling in millions before even hitting exchanges. What makes these coins interesting isn’t just their tokenomics or whitepapers, it’s that they’re already rolling out real tools, attracting communities, and building products before launch. While some projects are still figuring things out, others like BlockDAG are actively shipping miners, growing their testnets, and onboarding millions of users globally. Early participants in these presales aren’t just buying coins; they’re…
ASTER, the native token of the decentralized perpetual exchange Aster, officially launched last week and immediately made waves across the crypto market. Backed by Yzi Labs (formerly Binance Labs) and carrying the public endorsement of former Binance CEO Changpeng “CZ” Zhao, the token quickly drew massive attention from traders and investors. Upon launch, ASTER surged to nearly $1.94, sparking excitement around its potential to rival leading decentralized derivatives platforms. However, the enthusiasm was quickly tested as the token dropped 33% to lows of $1.33 within days, reflecting the volatility often seen in new market entries. Despite this sharp correction, ASTER…