The crypto market continued its crash last week, with the total valuation of all tokens plunging to $3.24 trillion from over $4.27 trillion a few weeks ago. Summary The crypto market crash has accelerated in the past few months. Bitcoin and most altcoins have all moved to a bear market [...]
Teresa Goody Guillén, Changpeng Zhao’s personal attorney, denied pay-to-play allegations surrounding the Binance founder’s presidential pardon. Summary CZ’s attorney says pay-to-play allegations are baseless and fueled by unverified reports. Guillén stresses CZ faced regulatory charges only, with no fraud, victims, or laundering. Attorney rejects claims linking CZ’s pardon to Trump-related [...]
Can the Ripple price hold near $2.15, or is the market preparing for another move toward lower levels? Summary XRP is trading near $2.15 after a steep slide from its July peak, with weak buying interest across key levels. Technical indicators show soft momentum, and analysts warn that losing $2.12 [...]
The crypto market crash continued its downtrend today, Nov. 17, as the Fear and Greed Index plunged to extreme fear and stablecoin exchange outflows jumped. Summary The crypto market crash continued on Monday, with Bitcoin falling below $93,000. Stablecoin exchange outflows have accelerated in the past few months. The decline [...]
BitMEX co-founder Arthur Hayes transferred $2.5 million worth of Ethereum and ecosystem tokens to institutional market makers including Flowdesk, FalconX, and Wintermute. Blockchain analyst EmberCN reported the moves and questioned whether Hayes is selling assets to add to his Zcash position. Hayes has been vocal about his ZEC (ZEC) holdings [...]
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. I’ve always loved the rush of uncertainty — especially in sports. Years ago, as a performance coach, I’d watch athletes and analysts debate who would win the [...]
Dormant Cardano wallet loses $6M swapping ADA for stablecoin A dormant Cardano wallet executed a large cryptocurrency swap that resulted in a loss of millions of dollarsblockchain investigator ZachXBT due to low liquidity conditions, according to on-chain data reviewed by…source [...]
In this week’s edition of the weekly recap, Strategy’s Michael Saylor rejected speculation about Bitcoin sales while affirming continued accumulation despite price declines. In other developments, the Justice Department secured multiple convictions for assisting North Korean cryptocurrency operations, and Ethereum…source [...]
Chainlink price has formed multiple bearish patterns that suggest its ongoing downtrend could extend over the coming weeks. Summary Chainlink price is down nearly 50% from its yearly high. LINK price is close to confirming a death cross on the 1-day chart. According to data from crypto.news, Chainlink (LINK) hit [...]
XRP price is currently consolidating above the key $2.00 support level while forming a pennant structure, raising the possibility of a bottom forming ahead of a major breakout. Summary XRP forms a pennant above key $2 support after capitulation. Structural support confirmed by two retests, signalling accumulation. Breakout direction likely [...]
