$1 Billion Liquidation Storm Hits as BTC, ETH, XRP Collapse
The past day wasn’t kind to the cryptocurrency markets, as bitcoin slumped below a crucial support level and dipped to a three-week low of under $109,000 yesterday. Most altcoins crashed…
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SBF’s ‘gm’ Tweet Sparks Speculation of Comeback Amidst New Solana-Based Perp Dex
A “gm” tweet from Sam Bankman-Fried has sparked speculation of his crypto comeback, linking him to a new Solana-based perpetual futures DEX launched by a former FTX COO. The project…
XRP’s Perfect Support Test Hints at a Potential Breakout Ahead
XRP was one of the top crypto assets that suffered massive declines at the beginning of this week. Its attempt to reach $3 on Thursday was quickly thwarted by the…
Ethereum’s $470M Liquidation Isn’t August All Over Again: Here’s Why This Drop Feels Different
Ethereum’s latest liquidation event may look similar on the surface to August’s flush-out, but the underlying market pattern tells a very different story. Data suggest that the previous wipeout reset…
Sharpe vs Sortino: The Data Proving Bitcoin Outperforms Gold Despite Volatility
Bitcoin’s risk-adjusted performance continues to stand out against gold, even amid periods of extreme volatility. This has raised questions about the traditional role of gold in investment portfolios. Year-to-date, gold…
Whale Turns $300K Into $7M Profit on ASTER
A whale has turned a $300,000 investment in Aster (ASTER) into a $7 million profit, according to on-chain data. The token’s surge in value coincides with Aster’s perpetual trading volume…
Ethereum Sees Red, Crashes to $4K in a 7-Week Low, Where to Next?
Ether prices fell to $3,994 during Thursday morning trading in Asia, its lowest level since early August. The asset was trading marginally above $4,000 at the time of writing, after…
Good News for Ripple? Flare Launches First FAssets for XRP on Mainnet
The layer-1 decentralized finance (DeFi) interoperability network, Flare, has launched the first FAsset on its mainnet. This product, called FXRP v1.2, is designed for XRP holders, enabling them to leverage…
Bitcoin Loses Correlation With M2 Money Supply, Which Hits ATH
Bitcoin has not tracked global M2 money supply with such a large lag since May, observed the head of growth at Theya, Joe Consorti, on Wednesday. BTC is now lagging…
The Bitcoin Bear Market is Here… or at Least That’s What Peter Schiff Thinks
Bitcoin critic Peter Schiff has doubled down on his stance, this time claiming the flagship cryptocurrency is in a bear market. However, the crypto community pushed back against his remarks,…