Tag: Crypto

Coinbase In Late-Stage Talks To Acquire Stablecoin Startup BVNK In $2 Billion Deal

According to a report from Bloomberg, US-based cryptocurrency exchange Coinbase (COIN) is reportedly in advanced negotiations to acquire BVNK, a startup specializing in stablecoin infrastructure, in a deal valued at approximately $2 billion. This acquisition is pending due diligence and could see closure later this year or early next year....
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Ripple’s XRP Nears Key Levels After Historic Technical Breakout

Ripple’s XRP is trading at $2.51 at press time, showing a slight increase over the past 24 hours. The price action follows a major breakout from a long-term technical pattern that had kept the asset in a range for seven years. Since that move, XRP has been trading within...
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Ethereum Funding Rate Turns Red: Short Squeeze Brewing?

Data shows the Ethereum Funding Rate has declined into the negative zone. Here’s what has usually followed this trend in the last two months. Ethereum Funding Rate Suggests Traders Are Now Bearish As explained by analytics firm Santiment in a new post on X, shorts are dominating the Ethereum...
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History Says Caution: BTC Price Eyes Drop to $70K After a Red October

October began with big promises of price increases, new records, and a bull run’s continuation. And, it delivered in the first week. Bitcoin’s price, which was already on the rebound in late September, broke past $120,000 and its previous all-time high and set a new record of just over...
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