Tag: Coin Surges
Blockchain
XRP Price Facing Another Drop: Understanding The Key Drivers
XRP price started a recovery wave from the $04620 support The price is now struggling to clear $04780 and might restart its decline XRP price is attempting a recovery wave from the $04620 support
Blockchain
Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time
Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight These outflows have coincided with the decline in the Bitcoin price, suggesting that the sell-offs
Blockchain
Ethereum Price Faces Recovery Hurdle: Examining The Roadblocks Ahead
Ethereum price started a recovery wave from the $3,230 zone ETH climbed above $3,350, but it now faces strong resistance at $3,420 Ethereum started an upside correction from the $3,240 support zone
Blockchain
Bitcoin Whales Quietly Buy $439 Million In BTC While Market Panics
On-chain data shows that large investors in the Bitcoin network have been buying while the market has been in a panic state about the latest crash Bitcoin Large Holders Netflow Has Been Positive
Blockchain
Bitcoin Price Reaches Rejection Zone: Can It Overcome the Resistance?
Bitcoin price recovered above the $62,000 resistance zone BTC must clear the $62,500 resistance zone to continue higher in the near term Bitcoin started a recovery wave above the $61,500 and $62,000
Blockchain
India’s Digital Rupee Usage Drops Drastically After Initial Surge
India’s central bank digital currency (CBDC), the digital rupee, has experienced a significant decline in usage, decreasing to a tenth of its peak in December 2023, according to sources involved in
Blockchain
Japanese Investors Embrace Crypto: Majority of Institutions Ready to Invest, Survey Finds
Recent insights from a survey conducted by Nomura Holdings and Laser Digital Holdings shed light on the evolving attitudes of Japanese institutional investors towards cryptocurrency The survey, which
Blockchain
FTX Seeks Customer Consensus: Multi-Billion Dollar Compensation Plan Goes To Vote
FTX, the failed crypto exchange, will seek customer approval for its Chapter 11 plan to compensate victims and resolve government penalties stemming from the platform’s fraudulent collapse in
Blockchain
STHs faced substantial losses as Bitcoin briefly fell below $60k
Bitcoin’s volatility over the weekend translated to a sharp drop to below $60,000 on June 24, leading to over $537 million in realized losses for the market As with most spikes in realized
Blockchain
ECB Publishes Digital Euro’s First Progress Report
The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments The report emphasizes high
Blockchain
Bitcoin Community Bullish: Majority See Over 40% Annual Growth For The Next Decade
Recently, Michael Saylor, Chairman of MicroStrategy and a notable advocate for Bitcoin, conducted a poll to gauge community expectations on Bitcoin’s potential growth over the next decade The poll
Blockchain
FTX granted court approval to solicit votes on liquidation plan; some creditors continue to object
A US bankruptcy court has granted FTX approval to solicit votes on a liquidation plan that pays customer claims in cash, Reuters reported on June 25 The cash payment plan would pay customers based on
