Bitcoin Traders Warn of 12% Monthly Drop as Solana Leads Majors Gains
Bitcoin’s (BTC) slide into September comes with an uncomfortable reminder for traders that history is not on their side. The largest token by market capitalization has declined in nine of the last 14 September months, with an average monthly loss of around 12%. This seasonality looms large again in...
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Crypto Exchange OKX Fined $2.6M in Netherlands for Failing to Register With Dutch National Bank
Global cryptocurrency trading firm OKX was fined 2.25 million euros ($2.6 million) by the Dutch National Bank (DNB) for offering crypto services in the Netherlands without having registered with the financial regulator. The fine on the company, whose official name is Aux Cayes Fintech Co., relates to the period...
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Coinbase to launch futures product tracking Mag7 stocks and crypto
Coinbase Mag7...
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Venus Protocol recovers $13.5M lost in phishing attack
Venus Protocol announced it recovered $13.5 million from a phishing attack after pausing the platform and force-liquidating the exploiter’s position....
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Ethereum Price More Influenced By Off-Chain Markets Than Bitcoin, Data May Suggest
Glassnode data could imply Ethereum price dynamics are more influenced by derivatives and other off-chain markets compared to Bitcoin. CBD Data Shows Divergence In Spot Activity For Bitcoin & Ethereum In a new post on X, on-chain analytics firm Glassnode has talked about how the Cost Basis Distribution (CBD)...
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Shiba Inu Token Now Eligible For Cross-Chain Lending, Borrowing Supported By Chainlink
Shiba Inu (CRYPTO: SHIB) edged higher on Tuesday as it became the first meme coin to be listed on the leading cross-chain decentralized finance protocol, Folks Finance. Cross-Chain Trading For SHIB SHIB’s official X handle confirmed that the coin will now be available for lending and borrowing on Folks...
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Insufficient Stablecoin Supervision? Nobel Economics Laureate Warns Of Potential Financial Crisis
As stablecoin’s momentum continues to surge worldwide, 2014 Nobel Prize-winning economist Jean Tirole recently warned about the risks of a potential financial crisis due to the “insufficient supervision” in the sector. Economist Warns Of Multibillion-Dollar Crisis On Monday, Jean Tirole shared his concerns about inadequate stablecoin oversight amid the...
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Bitcoin Correction Could Deepen Before Recovery as Only 9% of Supply at Loss
Only around 9% of the Bitcoin supply is currently in the red, carrying up to 10% unrealized losses, according to Glassnode. Comparatively, the local bottom of this cycle saw more than 25% of supply at up to 23% losses, the analysts noted. BTC fell to around $75,000 on April...
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Solana (SOL) Price Predictions for This Week
Solana is one of the few cryptocurrencies that is making higher highs right now, but the key resistance awaits. Solana Price Predictions to Watch This Week Key Support levels: $185 Key Resistance levels: $227 1. Strong Uptrend Defies the Market While market leaders such as Bitcoin or Ethereum are...
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Cardano (ADA) Price Predictions for the Week Ahead
After several failed attempts to stay above $1, ADA is back around $0.80 – what’s next? Key Support levels: $0.77, $0.70 Key Resistance levels: $0.90, $1 1. Sellers Took ADA to the Key Support Cardano’s native token tried to hold above the support at $0.90 in late August, but...
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