Author: Digicoinvision
Key Takeaways XRP held firm at $2.90 while CME Open Interest surged past $1.27 billion. A $150 million daily jump in OI, muted profit-taking, and a $2.80 supply floor now set the stage for a potential push toward $3.70. The altcoin market sat in consolidation as Bitcoin [BTC] stayed trapped in a volatility squeeze without a clear direction. Naturally, that left bulls across majors focused on defending support and waiting for a breakout trigger. For Ripple [XRP], that battle played out at $2.90. Bears tested the level three times this month and failed, confirming resilient buy-side demand. With this base…
Key takeaways: Retail traders are aggressively buying BTC price dips in spot and futures markets, but net selling from larger order investors is preventing a robust price recovery.Risk of another liquidation cascade to $105,000 seems less likely, but investor sentiment is misaligned with the trend seen in assorted cumulative volume data cohorts. Bitcoin (BTC) and Ether (ETH) are attempting to recover the price ranges that each cryptocurrency lost during the sharp sell-off seen on Saturday through Monday. Bitcoin price is up a mere 2.4% from its $108,665 low, while ETH fared better, rising 8.26% to a daily high at $4,663…
Join Our Telegram channel to stay up to date on breaking news coverage Black Mirrors, the team behind the popular science fiction anthology series aired on Netflix and an AI-powered game, ‘The Black Mirror Experience,’ has integrated the Camp Network, a Layer 1 blockchain network, to launch a new non-fungible token badge collection. This NFT integration shows that NFTs are finding new use cases beyond digital art into areas like NFT gaming, supply chain management, real estate, loyalty programs, and intellectual property rights. Black Mirror Drops An NFT Collection In an August 27 blog post, the Black Mirror press team…
Key takeaways: Retail traders are aggressively buying BTC price dips in spot and futures markets, but net selling from larger order investors is preventing a robust price recovery.Risk of another liquidation cascade to $105,000 seems less likely, but investor sentiment is misaligned with the trend seen in assorted cumulative volume data cohorts. Bitcoin (BTC) and Ether (ETH) are attempting to recover the price ranges that each cryptocurrency lost during the sharp sell-off seen on Saturday through Monday. Bitcoin price is up a mere 2.4% from its $108,665 low, while ETH fared better, rising 8.26% to a daily high at $4,663…
It’s been a rough patch for crypto. A Fed-fueled flash crash has sent Bitcoin down to $110,000, a whale has dumped thousands of coins, and more than $900 million in liquidations rippled across the market yesterday. For a brief period, the space looked shaky. But things might be changing. Solana has rebounded aggressively, blasting through the $200 mark today and putting in one of the strongest performances among major altcoins. Traders are rediscovering their appetite for SOL. And while Solana is leading the market comeback, it isn’t the only crypto that people are talking about. A presale project called Snorter…
Bitcoin price is showing bearish signs below $113,000. BTC is struggling to recover and might start another decline below the $110,500 zone. Bitcoin started a recovery wave from the $108,750 zone. The price is trading below $112,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $111,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $113,000 resistance zone. Bitcoin Price Attempts Fresh Increase Bitcoin price extended losses after close below the $112,000 level. BTC gained…
Update (Aug. 27 at 5:44 pm UTC): This article has been updated to reflect that a blockchain analyst retracted a claim linking Justin Sun to a whale wallet.Four whales, or big cryptocurrency investors, were accused of price manipulation that resulted in a $4.59 million loss for one unfortunate trader, raising questions about the reliability of decentralized trading platforms over their centralized counterparts.Four whale addresses profited a combined $47.5 million after the recently launched Plasma blockchain’s (XPL) token soared 200% to over $1.80 in minutes on the decentralized exchange Hyperliquid. The largest of the four, wallet 0xb9c, profited more than $15 million…
After a year of explosive stablecoin growth, Google Cloud has unveiled its Universal Ledger (GCUL), a programmable, compliance-ready platform designed to modernize payments and digital asset settlement for banks and institutions. From Stablecoin Surge to GCUL: Google Cloud Reimagines Financial Infrastructure Stablecoins proved their staying power in 2024, processing $30 trillion in transactions, a staggering […]
Testing a fork The Spurious Dragon hardfork is scheduled for the coming week; block 2675000 is likely to occur Tuesday evening (CET). The block number for the testnet “Morden” was scheduled at block 1885000. Performing the fork in the test network prior to performing it in the main network was an important measure taken in the testing process to ensure a smooth rollover into the post-fork state. The Morden fork occurred on Nov-20-2016, 06:12:20 +UTC, at block 1885000 as planned. A bit later, at block 1885074, there was a consensus issue between Geth and Parity. Morden replay protection The Morden…
Update (Aug. 27 at 5:44 pm UTC): This article has been updated to reflect that a blockchain analyst retracted a claim linking Justin Sun to a whale wallet.Four whales, or big cryptocurrency investors, were accused of price manipulation that resulted in a $4.59 million loss for one unfortunate trader, raising questions about the reliability of decentralized trading platforms over their centralized counterparts.Four whale addresses profited a combined $47.5 million after the recently launched Plasma blockchain’s (XPL) token soared 200% to over $1.80 in minutes on the decentralized exchange Hyperliquid. The largest of the four, wallet 0xb9c, profited more than $15 million…