Author: Digicoinvision
XRP is dominating a record-breaking surge as CME crypto derivatives smash past $30 billion in open interest, signaling explosive institutional demand and maturing market momentum. XRP Leads as CME Crypto Derivatives Blow Past $30B Milestone CME Group announced on social media platform X on Aug. 25 that its crypto futures suite crossed $30 billion in […]
Join Our Telegram channel to stay up to date on breaking news coverage Parallel Finance, a renowned non-fungible token lending protocol, has reportedly shut down after four years of service delivery. Unfortunately, hundreds of thousands of dollars’ worth of high-profile non-fungible token collections have remained stuck inside Parallel Finance contracts after the NFT platform quietly shut down its lending product earlier this month. In this article, we will discuss this news bulletin in depth. Parallel Finance Quits NFT Space Earlier this week, speculations emerged that Parallel Finance had shut its doors after four years. On-chain sleuth 0xQuit drew attention to…
The World Federation of Exchanges has urged securities regulators to take action against tokenized stocks, citing concerns over market integrity and investor risks. Mismatched Products and Regulatory Gap The World Federation of Exchanges (WFE), which represents major stock exchanges globally, has called on securities regulators to crack down on tokenized stocks, arguing they pose a […]
Ethereum price is consolidating just below its all-time high, holding critical support at $3,900. If this zone holds, price action could accelerate toward the Fibonacci extension target at $5,790. Summary Key Support: $3,900 acts as critical support after Ethereum’s breakout above its all-time high. Bullish Structure: Higher highs and higher lows reinforce continuation potential. Upside Target: Sustained demand could drive ETH toward the $5,790 Fibonacci extension target. Ethereum (ETH)’s breakout above its previous all-time high has shifted market structure decisively into bullish territory. Price action is now consolidating, with $3,900 emerging as the crucial support that needs to be defended.…
Key takeaways:Ether rallied 5% after a “Monday trap,” but leverage risk is rising with Binance’s ELR at record highs.$1.65 billion in stablecoin inflows and 208,000 ETH withdrawals show strong accumulation.ETH holding $4,700 keeps the door open to $5,000, while losing it risks a sharper correction.Ether (ETH) is showing resilience against Bitcoin (BTC) after shaking off the latest “Monday Trap,” a recurring pattern where leveraged longs face steep liquidations at the start of the week. While ETH rallied as much as 5% on Tuesday, BTC’s return has been limited to only 1%.Data reveals that Monday has consistently recorded the highest long…
Users of the Binance cryptocurrency exchange deposited $1.65 billion in stablecoins, a large inflow often seen as a precursor to renewed demand for spot cryptocurrencies following the recent market sell-off.The deposit coincided with nearly $1 billion in Ether (ETH) withdrawals from Binance, according to onchain analytics provider CryptoQuant. It also marked the second time this month that net stablecoin deposits on the exchange exceeded $1.5 billion, “underscoring a renewed wave of capital entering the spot market,” wrote CryptoQuant’s Amr Taha.Stablecoin net daily inflows into Binance have spiked recently. Source: CryptoQuantBinance, the world’s largest cryptocurrency exchange by trading volume, is closely…
Animoca Brands has teamed up with Antler’s corporate innovation arm, Ibex Japan, to launch a dedicated Web3 entertainment investment fund aimed at bringing Japan’s anime and manga intellectual property (IP) onchain.The announcement was made on Tuesday at the WebX conference in Tokyo, Animoca Brands revealed in a post on X.Animoca’s co-founder and chairman, Yat Siu, senior adviser Keyvan Peymani, and Ibex Japan partner Sandeep Casi outlined the project during the conference, according to a report by Japanese crypto news outlet CoinPost. Per the report, Casi noted that “90% to 99% of Japan’s IP is lying dormant on the shelves and has…
The crypto market has been rocked by a wave of liquidations totaling nearly $808 million in the past 24 hours, with Bitcoin (BTC) dipping below the critical $110,000 threshold. Related Reading This mass sell-off erased nearly all gains sparked by Federal Reserve Chair Jerome Powell’s dovish comments at Jackson Hole just days earlier, leaving investors questioning whether the dip signals opportunity, or danger. Bitcoin Flash Crash Triggers Massive Liquidations Data from CoinGlass shows that long positions accounted for $696 million of the $112 million liquidated, underscoring how overleveraged bullish traders were caught off guard. Bitcoin alone saw $272 million liquidated,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is holding steady above the $4,400 mark after a weekend surge that briefly carried it to fresh all-time highs. The rally, fueled by strong institutional demand and broader market optimism, has been tempered over the past two days as the price retraced to test lower levels. Despite the pullback, ETH remains one of the most closely watched assets in the market, with bulls and bears both eyeing the next decisive move. Analysts are divided. Some argue that ETH’s ability to maintain support above $4,400 signals resilience…
Key Takeaways Derivative and on-chain investors recorded a major market outflow worth $138 million. Spot investors attempted to counter the sell-off with a notable buyback, but purchasing power remained weak. Curve DAO [CRV] posted one of the steepest losses in the market over the past day, with its price falling 12%. Both on-chain and off-chain data aligned, showing that while pressure mounts, expert spot investors are holding on. AMBCrypto analyzes how this could play out for the token as it faces a critical downside hurdle. CRV faces liquidity hurdle The recent downturn intensified as more liquidity exited the market from…