Tag: Crypto

Dogecoin’s open interest has been on a massive freefall for a while now as the memecoin continues to struggle to gain investor interest. As it stands, data shows that Dogecoin’s open interest has sharply declined since the beginning of March, plunging to levels not seen since November 2024. The...

Bitcoin’s (BTC) prolonged downturn over the last two months has raised speculation about the end of the bull cycle and the onset of a bear market. While several market analysts continue to predict the cryptocurrency’s short-term price trajectory, only on-chain data and metrics can paint a clear picture. A...

TL;DR Ever since it went live, Pi Network’s PI token has continued to be a controversial topic in the crypto community, but its price has slumped hard after the recent peaks. However, certain tokenomics and technical patterns point to a price reversal in the near future. The massive Pi...

Bitcoin and US equities are facing mounting pressure as macroeconomic uncertainty and erratic policy decisions from US President Donald Trump continue to shake investor confidence. With unexpected tariff announcements and unstable foreign policy stances dominating headlines, markets have become increasingly volatile. Bitcoin, often seen as a hedge against traditional...

After a slow start to the week, Shiba Inu’s burn activity has sprung back to life with a 33% spike in the last 24 hours, according to data from Shibburn.com. The jump comes amid a noticeable dip in the number of SHIB burn transactions, which raises the question of...

The Nigerian government has expressed its acceptance of the crypto industry despite ongoing legal battles with the Binance exchange. The West African nation has described the recent clashes with the world’s largest exchange as efforts to strengthen its regulatory environment. Binance Crackdown Necessary To Curb Crime, Uphold Regulatory Standards:...

Joseph Strange, a former sound engineer for acclaimed rapper Eminem, has been charged with stealing the rapper’s unreleased songs and selling them in exchange for the market’s leading cryptocurrency, Bitcoin (BTC).  The allegations, detailed in a criminal complaint filed in Michigan, reveal that Strange allegedly sold 25 unfinished tracks...

Now that the Strategic Bitcoin Reserve (SBR) is a formal government policy, its administrators are scrambling for ways to build and potentially sustain the plan. With an order to use budget-neutral strategies to manage the reserve, Bo Hines, US President Donald Trump’s Executive Director on Digital Assets, suggests using...

The price of Bitcoin has been stuck within the $81,000 to $86,000 consolidation range over the past week, showing a high level of indecisiveness between the bulls and bears. While most on-chain indicators are painting a bearish image for the premier cryptocurrency, the latest piece of data suggests that...

In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined...