Tag Archives: crypto market

China Greenlights Launch Of Its First Crypto Stablecoin—Report

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As part of an initiative to internationalize the renminbi (Chinese Yuan) and enhance its competitiveness against the US dollar, China is poised to launch its first stablecoin. Meanwhile, the US is making significant progress toward its mission of becoming the crypto capital of the world. Despite this ambitious plan, concerns about potential capital flight are… Continue reading China Greenlights Launch Of Its First Crypto Stablecoin—Report→

The $200 Million XRP Play: CEO Spills What Traders Overlook

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A CEO thinks XRP is one of the most misunderstood tokens out there. Jake Claver, chief executive of Digital Ascension Group, marked his YouTube channel hitting 100,000 subscribers by talking about what might push XRP’s price higher. Institutional Bets On XRP Backing According to Claver, Digital Wealth Partners now holds over $200 million worth of… Continue reading The $200 Million XRP Play: CEO Spills What Traders Overlook→

Galaxy Digital Stock Drop: Analyst Argues For Higher Valuation Despite Poor Earnings

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Shares of Galaxy Digital faced a significant decline on Tuesday following the release of disappointing quarterly earnings and revenue figures. The crypto-investment and data-center company reported earnings per share of $0.8 for the second quarter, falling short of Wall Street’s consensus estimate of $0.18. Galaxy Digital Shares Plunge 10% Revenue for the period totaled $9.1… Continue reading Galaxy Digital Stock Drop: Analyst Argues For Higher Valuation Despite Poor Earnings→

Bitcoin’s Technical Correction Sparks $200K Price Speculation for 2025

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Bitcoin is currently undergoing a period of downward movement after briefly setting a new all-time high earlier last month. Over the past week, the world’s largest cryptocurrency has declined by nearly 4%, trading at $113,993 at the time of writing. This represents a drop of approximately 7.2% from the peak price of above $123,000 reached… Continue reading Bitcoin’s Technical Correction Sparks $200K Price Speculation for 2025→

Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO

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Barry Silbert has made a notable return to Grayscale Investments, the asset management company and crypto exchange-traded fund (ETF) issuer, as chairman, just weeks after the crypto asset manager filed confidentially for an initial public offering (IPO) in the US.  Silbert, who founded Grayscale in 2013, takes over from Mark Shifke, who will remain on… Continue reading Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO→

When Will The Bitcoin Correction End? The Support Level That Holds The Key

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After crashing below the $115,000 territory over the weekend, Bitcoin has reached an important level that could determine where the crypto market is headed next. Eventually, it comes down to the support levels and how much buying is going on to actually counter the effects of massive sell-offs that continue to drive down the price.… Continue reading When Will The Bitcoin Correction End? The Support Level That Holds The Key→

Satoshimeter Shows Where Bitcoin Price Is In This Cycle

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The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term… Continue reading Satoshimeter Shows Where Bitcoin Price Is In This Cycle→

Bitcoin Bull Run Stumbles: Analysts Predict a Possible $111K Retest Soon

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Bitcoin (BTC) has continued to face resistance below the $120,000 level, with price action showing little momentum to push the asset toward a new high. At the time of writing, the world’s largest cryptocurrency is trading above $118,000, reflecting a slight pullback of around 3.6% from its most recent all-time high. With the asset still… Continue reading Bitcoin Bull Run Stumbles: Analysts Predict a Possible $111K Retest Soon→

Bitcoin Drops Below $115K as Traders Rush to Exit, But a Rebound Could Be Next

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Bitcoin (BTC) is navigating a period of heightened uncertainty as its price struggles to regain upward momentum following recent declines. Over the past 24 hours, the world’s largest cryptocurrency recorded a dip to $114,326 before slightly recovering above the $115,000 mark. Despite this rebound, the asset remains under pressure, with recent market movements highlighting potential… Continue reading Bitcoin Drops Below $115K as Traders Rush to Exit, But a Rebound Could Be Next→

Bitcoin’s $115K Struggle: Is a Deeper Drop on the Horizon?

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Bitcoin (BTC) is facing renewed downward pressure as it struggles to maintain levels above $115,000. At the time of writing, the cryptocurrency is trading around $115,745, down approximately 2.2% in the past 24 hours and nearly 6% below its July all-time high of $123,000. The latest market movement has raised questions about short-term price stability,… Continue reading Bitcoin’s $115K Struggle: Is a Deeper Drop on the Horizon?→