Stay Informed with the Latest Updates, Trends, and Expert Insights in the World of Cryptocurrency and Blockchain Technology
Death cross in EMAs signals potential continuation of bearish momentum in Arbitrum prices. Fibonacci projections indicate $1 psychological target on a breakout rally. Strong demand zone at $0.62–$0.65 holds 7.04M ARB tokens, aiding bullish recovery. With the crypto market gradually turning bearish, the total crypto market cap excluding Bitcoin is down to $1.43 trillion. This…
Daily active addresses on the Bitcoin network are increasing, indicating a potential bullish trend. Bitcoin whales have accumulated over 22,000 BTC in the past three days, worth $2.24 billion. Long-term holders’ Bitcoin supply is at peak, reflecting strong confidence in the crypto’s future value. The Bitcoin network has shown robust activity, as both whale transactions…
Frax Finance proposes a $5 million investment in Trump-aligned DeFi platform WLFI. The partnership aims to integrate frxUSD into WLFI’s ecosystem, boosting adoption. The proposal has sparked both support and criticism within the crypto community. Renowned DeFi protocol Frax Finance has a $5 million investment in World Liberty Financial (WLFI), a decentralized finance platform tied…
Abstract, a consumer blockchain by Igloo Inc., went live on January 27. The protocol is built to simplify blockchain interactions for mainstream users. It already supports over 100 applications, with 400 more in development. It is designed to everage ZK Stack by ZKsync and Celestia for scalability and security. On Monday, January 27, the crypto…
Appointment of local crypto expert Matías Alberti signals Coinbase’s commitment to understanding and serving Argentina’s unique market needs. Research shows 5 million Argentinians use crypto daily, with 80% open to receiving payments in digital currencies. Economic instability drives crypto adoption, with Coinbase positioning itself as an educational leader in the region’s digital asset space. Leading…
Analyst Ali Martinez has predicted that Chainlink (LINK) could soon soar to the $50 price tag, breaking out of a bullish flag. The cryptocurrency has soared by 13.41% in the past week and faces resistance at $27. A monumental 80% of the holders of LINK are currently in profit, making the altcoin a profitable investment….
Phantom experienced delays due to a significant spike in user activity, processing millions of requests. Despite the congestion, Phantom handled $1.25 billion in volume and 10 million transactions in one day. Jupiter also faced high traffic, issuing an apology and working to restore service. Phantom, a self-custodial crypto wallet that allows users to buy, store,…
Bitcoin ETFs in the US saw a massive capital inflow on January 21, reflecting renewed institutional confidence. BlackRock’s IBIT led the pack with a record-breaking $661.9 million inflow, reaffirming its dominance in the space. Other ETFs, including Fidelity’s FBTC and ARK 21Shares, added to the surge, while Bitwise’s BITB faced outflows. The influx of capital…
The cryptocurrency market witnessed a brutal sell-off, erasing over $840 million in leveraged positions. HTX recorded the largest single liquidation order, closing a massive BTC-USDT position worth $98.46 million amid the market downturn. The coming months will be critical in determining whether Trump’s crypto-friendly stance translates into a regulatory environment that fuels innovation or further…
Binance faces mounting pressure in France following executive departures and compliance failures, leading to market withdrawal in 2024. The exchange confronts parallel legal challenges globally, with US prosecutors targeting anti-money laundering violations and sanctions breaches. Regulatory crackdown extends industry-wide as authorities worldwide demand stricter compliance, impacting major crypto platforms. In a surprising move, French investigators…