Red alert: Shiba Inu price to crash as weighted funding rate sinks
Shiba Inu price has entered into a bear market after falling by 20% from its highest level this month, and is at risk of more downside after forming a risky pattern and as its funding rate slips. Shiba Inu (SHIB)…...
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Top Crypto Traders Flip Bearish on BTC, ETH in Major Sentiment Shift
In a sharp reversal from last week’s euphoric record highs and $300,000 bitcoin price targets, some of crypto’s most followed traders are now warning of looming downside risks for both bitcoin (BTC) and ether (ETH). Bitcoin is currently trading at $115,000, down nearly 3% overnight, but relatively comfortable within...
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BitMine Immersion’s Ether Holdings Top $6.6B, Stock Slides 7% Alongside ETH’s Tumble
BitMine Immersion Technologies (BMNR), the listed firm with a digital asset treasury strategy focusing on Ethereum and led by Fundstrat’s Tom Lee, said in a Monday SEC filing that its holdings surpassed 1.5 million ether (ETH) worth roughly $6.6 billion. With the latest purchases, it has become the second...
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Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan
The Bitcoin network hashrate rose 4% in the first two weeks of the month to an average of 937 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Monday. The hashrate refers to the total combined computational power used to mine and process transactions...
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Golden Cross Signal Fades as XRP Slumps Below $3
XRP slid to $2.97 in its sharpest decline in weeks, shedding 5.4% over a 23-hour stretch as retail selling overwhelmed order books. The move came on surging volumes that eclipsed daily averages, but whale wallets quietly absorbed the dip — scooping 440 million tokens worth $3.8 billion. The divergence...
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CoinDesk 20 Performance Update: Stellar (XLM) Drops 4.3%, Leading Index Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4068.44, down 1.6% (-66.75) since 4 p.m. ET on Friday. Seven of 20 assets are trading higher. Leaders: LINK (+16.3%) and POL (+8.2%)....
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Strategy’s Bitcoin Stash Hits 629,376 BTC—More Than Tesla, Coinbase, Marathon Digital Combined
Strategy Inc. (NASDAQ:MSTR) has added 430 Bitcoin (CRYPTO: BTC) to its corporate treasury for approximately $51.4 million at an average price of $119,666 per Bitcoin, according to its Aug.18 SEC filing. The company now holds 629,376 BTC acquired at an aggregate purchase price of $46.15 billion, translating to an...
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Quid Miner launches new contract, users can earn XRP every day
XRP’s renewed momentum, coupled with growing interest in cloud mining, is drawing investors toward income-generating platforms like Quid Miner. #sponsored...
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Strategy’s Bitcoin stack hits 629k BTC, $26b in profit
Strategy added another 430 Bitcoin last week at $119,666 per coin, bringing its total holdings to 629,376 BTC. With an average purchase price of $73,320, the company now sits on over $26 billion in unrealized profits as Bitcoin’s price hovers…...
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United States’ Bitcoin Holdings Top $24 Billion After Ruling Out Buying
On-chain data shows the US is one of the world’s largest Bitcoin holders, with its portfolio now exceeding $24 billion. However, recent events have shown that the possibility of the US government increasing its stash is very low. Particularly, the US government’s strategy for cryptocurrency took a new turn...
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