Stablecoin Market Cap Tops $200B as U.S. Sees Industry Helping Maintain Dollar Dominance
The combined market capitalization of the five biggest stablecoins passed $200 billion for the first time after Treasury Secretary Scott Bessent pledged on Friday to use the digital assets to help maintain the greenback as the world’s reserve currency. The market cap of the coins, whose value is pegged...
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Successful Bitcoin Short Trader Places Take Profit Levels Between $70,000-$74,000: Further Drop Incoming?
A Bitcoin (CRYPTO: BTC) whale accumulated about $7.5 million in unrealized profit by successfully shorting the apex cryptocurrency amid the ongoing market correction. What Happened: According to an X post by on-chain tracking platform Lookonchain Sunday, the trader shorted Bitcoin at approximately $96,500 on Feb. 22 and closed the position...
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Internal Ripple Emails Expose Anti-Bitcoin Smear Campaign
Internal Ripple emails from 2018—submitted in the US Securities and Exchange Commission (SEC) lawsuit over alleged unregistered securities sales—have resurfaced. These documents show that Ripple executives and staff actively discussed promoting the narrative that Bitcoin is “controlled by China,” a claim often referred to as “China FUD” (Fear, Uncertainty,...
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Trump-backed World Liberty Financial’s portfolio down $110M in unrealized losses
World Liberty Financial, the cryptocurrency investment platform backed by U.S. President Donald Trump, has seen its portfolio drop by $110 million in unrealized losses. According to data from Arkham Intelligence, WLFI’s investment of $336 million across nine cryptocurrencies is now…...
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HIVE Digital shares rise as Bitcoin reserves grow 23% YoY
Shares of HIVE Digital jumped following the company’s announcement of a 23% year-over-year rise in Bitcoin reserves. Canadian crypto mining company HIVE Digital has released its February production results, revealing that its Bitcoin (BTC) holdings increased by more than 20%…...
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Why is the Ripple (XRP) Price Down Today?
TL;DR XRP dropped below $2.20, mirroring a broader crypto market decline. However, some analysts remain optimistic, predicting a rally to $5 and beyond if the price holds key support. XRP Bleeds Heavily Ripple’s XRP witnessed a substantial resurgence on March 3, with its valuation climbing to just over $3....
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Why is the crypto market crashing today?
A wave of sell-offs has gripped the crypto market, dragging prices lower as macroeconomic uncertainty spooked traders on March 10. The downturn followed comments from U.S. President Donald Trump in a March 8 Fox News interview, where he acknowledged that…...
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Bitcoin Traders Now Target $70K as Japan Bond Yields Surges to 17-Year Highs
Crypto bulls may need to brace for some turbulence as Japan’s 20-year government bond yield surged to its highest level since 2008 in a move that has historically led to aversion from risk assets such as bitcoin (BTC). The Japanese Government Bond (JGB) yield climbed to 2.265% last week,...
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Japan’s 40Y Bond Yield nears all-time high, here’s how it impacts the crypto market
Japan’s 40Y Bond Yield has hit 2.85%, dangerously close to its historic 3% high. Japan’s predicament could cause a trickle-down effect that can spike U.S. yields and eventually send the crypto market into a downward spiral. According to data from…...
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Should Crypto Traders Ignore Eric Trump? Data Suggests His Views Aren’t for Short-Term Speculators
If you have followed traditional markets, you might have heard the phrase, “Don’t fight the Fed.” It’s been a long guiding principle in conventional markets, suggesting that traders should align their strategies with the Federal Reserve’s policy, as the central bank’s actions significantly influence the direction of asset markets....
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