Tag: Crypto

Record Outflows Hit Crypto Funds, But Ethereum May Be Turning the Tables on Bitcoin

Crypto asset investment products recorded their most significant outflows in months, as investor sentiment swung sharply amid signals from US monetary policymakers. According to the latest report from CoinShares, a total of $1.43 billion exited crypto investment vehicles last week, the heaviest weekly outflow since March. CoinShares noted that...
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Nearly $1B in Token Unlocks This Week Puts Pressure on These Altcoins

Crypto markets are preparing for a wave of selling pressure as more than $998 million worth of token unlocks hit circulation between August 25 and August 31, according to data from Tokenomist. The largest scheduled releases include Sui (SUI), Optimism (OP), Jupiter (JUP), and Huma Finance (HUMA). Heavy Unlock...
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XRP Ledger’s First File Storage Testnet Could Launch In Just 2 Months

An XRP Ledger (XRPL) developer building under the pseudonym “Vincent Van Code” says an MVP testnet for an “immutable forever file storage” service could arrive “likely 2 months” from now, after the idea evolved from simple document notarization to a compliance-oriented, globally mirrored archive that anchors control to popular...
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Saros Rockets Over 100% After Flash Crash: What’s Going On?

TL;DR SARO spikes 100% despite broader market decline, signaling unusual resilience in volatile trading conditions. Analysts highlight critical support near $0.20 and resistance around $0.38 for the asset’s price direction. Flash crash wick suggests liquidation-driven volatility, with traders debating bounce potential or further downside. Price Action and Market Context...
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OG Whale Flips $2.6B Bitcoin Into Ethereum Positions – Details

Bitcoin is entering a critical consolidation phase after a week of heightened volatility and selling pressure. Following its surge to a new all-time high of $124,500 just ten days ago, BTC has since retraced by more than 10%, now struggling to hold the $115K level as support. This pullback...
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Bitcoin Tumbles Back Below $110K as Crypto Bounce Fails, Ether Plunges 8%

Hopes for a quick reversal from the weekend crypto plunge faltered on Monday with bitcoin (BTC) slipping all the way back below $110,000, just barely ahead of its then-euphoric price of $109,400 touched ahead of President Trump’s Jan. 20 inauguration. The largest crypto’s recovery attempt was quickly rejected at...
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What’s Going On With Coinbase Shares Today?

Coinbase Inc. (NASDAQ:COIN) shares traded lower Monday as weakness across the cryptocurrency market weighed on crypto-linked stocks. What To Know: Bitcoin slipped below $112,000, down about 1.7%, while other major tokens including Ethereum, Solana, Dogecoin, Shiba Inu, and XRP also posted declines. The drop in digital assets comes amid...
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