Cryptocurrency markets are slipping on Thursday as investors initiate selling to take profits. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $120,918.82 Ethereum (CRYPTO: ETH) $4,321.57 Solana (CRYPTO: SOL) $218.06 XRP (CRYPTO: XRP) $2.78 Dogecoin (CRYPTO: DOGE) $0.2458 Shiba Inu (CRYPTO: SHIB) $0.00001186 Notable Statistics: Coinglass data shows 179,931 traders were...

Filecoin (FIL) fell as much as 7% in the last 24 hours, tumbling from $2.39 to $2.23, according to CoinDesk Research’s technical analysis model. The model showed that the token posted a $0.19 range representing 7.9% volatility. Sellers dominated at the $2.41 resistance level as transaction volume exploded to...

The governance token of the prominent decentralized lending protocol Aave (AAVE) has faced substantial selling pressure through the past 24 hours, dipping briefly below the $270 level. The DeFi bluechip plunged 5% in the early Thursday session, sliding nearly 10% lower since this week’s high. It has modestly recovered...

The native token of oracle network Chainlink (LINK) encountered substantial institutional selling pressure over the 24-hour trading session, tumbling to its weakest price in more than a week. LINK tumbled 4% to a session low of $21.30, reversing over 8% from Monday’s local high, CoinDesk data shows. The decline...

Ethereum on-chain activity tops 9.5 billion daily contract calls while the total value locked in tokenized real world assets reached $11.7 billion. Will Ether price follow?...

Prediction market Polymarket has taken the world by storm and is currently disrupting the sports betting sector. With a new investment from New York Stock Exchange parent Intercontinental Exchange Inc (NYSE:ICE), the company’s founder has become the world’s youngest self-made billionaire. What Happened: Intercontinental Exchange’s $2 billion investment values...

The price of meme coin pioneer Dogecoin (CRYPTO: DOGE) continues its steady climb, posting 122.7% gains over the past year, driven by optimism around the newly launched DOJE ETF and increasing corporate treasury accumulation of the token. What Happened: A $1,000 investment in Dogecoin made on Oct. 10, 2024,...

Citigroup Inc. (NYSE:C) has quietly joined Wall Street’s stablecoin race, investing in U.K.-based BVNK as banks prepare for what could become a $1.9 trillion market for tokenized dollars. Citi Deepens Push Into Tokenized Money The deal came through Citi Ventures on Thursday. BVNK handles over $20 billion in annual...

On-chain analytics indicate that insiders are starting to sell YEPE, which prominent trader James Wynn promoted. Memecoin season, especially on BNB, seems to be coming back. But with it, there’s also an explosion of questionable projects. On Thursday, October 9,…...

Today, the price of Bitcoin (BTC) fell back to about $120,000 after trying and failing to stay above $124,000. At the same time as this movement, open interest on Binance fell by 7.9%, with analysts describing it as an important metric showing traders are closing their positions and being...