Cryptocoins News / CoinJournal - 1 week ago
SkyBridge will tokenize $300M of hedge funds on the AVAX blockchain.
The move positions Avalanche as a leading platform for RWAs.
AVAX charts suggest a potential 45% price jump if broader sentiments improve.
While cryptocurrencies retreated from th...
Cryptocoins News / CoinJournal - 1 week ago
SoFi will enable instant cross-border transfers using Bitcoin and UMA.
Transfers will convert USD to Bitcoin via Lightning, then to local currency.
The service will first launch in Mexico with lower fees than traditional remittances.
SoFi Bank is p...
Cryptocoins News / CoinJournal - 1 week ago
Data from SoSoValue showed spot Bitcoin ETFs recorded daily net outflows of $523 million on Tuesday.
Spot Ether ETFs experienced $422.3 million in total net outflows, according to SoSoValue.
Investors are now waiting for additional cues, includin...
Cryptocoins News / CoinJournal - 1 week ago
Key takeaways
Cardano’s ADA is the worst performer among the top 10, losing 8% of its value in the last 24 hours.
The coin could recover above $1 soon after retesting the $0.84 low.
ADA retests $0.84 amid bearish PA
The cryptocurrency market...
Cryptocoins News / CoinJournal - 1 week ago
Key takeaways
ETH is down 1.6% in the last 24 hours and has dropped below $4,200.
The bears are aiming for $4k as the broader crypto market experiences a sell-off.
ETH fails to defend its price above $4,200
Ether, the second-largest cryptocurrency...
Cryptocoins News / CoinJournal - 1 week ago
Bitcoin and Ether prices are falling despite positive industry news.
A key disconnect exists between weak price action and strong fundamentals.
Glassnode warns of market fragility and stretched leverage in the short term.
A profound and unsettling...
Cryptocoins News / CoinJournal - 1 week ago
Foundry USA and AntPool now control over half of Bitcoin’s hash power.
Bitcoin price is slipping toward $110,530, a crucial support level.
Macro fears and Fed shifts add pressure to already weak crypto markets.
After Monero’s 51% takeov...
Cryptocoins News / CoinJournal - 1 week ago
Crypto markets show a split between institutional bulls and retail bears.
Prediction markets signal a bearish end to August for Bitcoin.
Derivatives data shows caution, with funding rates turning negative.
A profound and unsettling divide is splitt...
Cryptocoins News / CoinJournal - 1 week ago
The exchange has confirmed plans to halt deposits and withdrawals on Neo Legacy.
The phase-out will begin on August 25, with a complete shutdown scheduled for October 15.
NEO has plummeted amidst community uncertainty.
The digital assets landscape...
Cryptocoins News / CoinJournal - 1 week ago
Bio Protocol price rose more than 50% as bulls defied broader market selling to hit $1.46
Despite overall sell-off pressure, BIO price is up double-digits in 24 hours as volume spikes 720%.
BIO has benefited from key network developments, including...
Cryptocoins News / CoinJournal - 1 week ago
Ke takeaways
Solana is the worst performer in the top 10, down 6% in the last 24 hours.
The coin could retest the $174 support level as BTC and others underperform.
SOL dips 6% as the broader market sheds nearly $200b
The weekend was bearish for Bi...
Cryptocoins News / CoinJournal - 1 week ago
Key takeaways
LINK is the best performer among the top 20 cryptocurrencies by market cap, up nearly 2%.
Chainlink’s native coin is now trading above $25 per coin.
LINK up nearly 2% as the broader market underperforms
The crypto market was ext...
Cryptocoins News / CoinJournal - 1 week ago
Dogecoin price is down 5% in 24 hours to hover near $0.22.
The DOGE price movement is similar to that of most altcoins that are seeing profit-taking.
Analysts are bullish on DOGE as whale accumulation continues.
Dogecoin (DOGE) has experienced a sl...
Cryptocoins News / CoinJournal - 1 week ago
Simon Gerovich said the company acquired the bitcoins at an average cost of $120,006 each.
Metaplanet began implementing its Bitcoin accumulation strategy in April 2024.
With the latest purchase, Metaplanet’s total bitcoin holdings have ris...
Cryptocoins News / CoinJournal - 1 week ago
The Launchpad has transferred PUMP worth around $9.19M to OKX.
The transaction sparked concerns about market confidence and bearish pressure.
PUMP price plunged on the daily timeframe.
Digital currencies traded in the red on Monday as Bitcoin and E...
Cryptocoins News / CoinJournal - 1 week ago
Crypto leverage surges 27% to $53.1 billion, its highest since early 2022.
A recent Bitcoin dip triggered a massive $1 billion liquidation of long bets.
Stress points are emerging in DeFi lending and key dollar markets.
A ghost from bull markets pa...
Cryptocoins News / CoinJournal - 2 weeks ago
The DEX’s 24-hour trading volume tops $29B, the highest ever.
The $7.7 million in daily fees indicates significant user engagement and improved liquidity.
HYPE’s price has soared over 10% in the past day amid optimism.
Cryptocurrencies...
Cryptocoins News / CoinJournal - 2 weeks ago
NBIM now holds the equivalent of 7,161 BTC through listed equities.
Institutional interest in Bitcoin grows through ETFs and corporate holdings.
The move may signal early stages of sovereign-backed Bitcoin adoption.
Norway’s sovereign wealth...
Cryptocoins News / CoinJournal - 2 weeks ago
Single-hour volume hits 436.98M units, one of Q3’s highest.
Support holds at $3.05&-$3.09 amid heavy selling.
Resistance at $3.13 and $3.20 eyed for short-term reversal.
XRP’s price fell in the last 24 hours, sliding from $3.34 to $...
Cryptocoins News / CoinJournal - 2 weeks ago
Key takeaways
The cryptocurrency market reversed its recent gains, with bullish traders losing over $800 million in the last 24 hours.
DOGE dropped by 6% after failing to hit $0.26.
DOGE dips lower on poor PPI data
The cryptocurrency market reverse...
Cryptocoins News / CoinJournal - 2 weeks ago
Ripple CTO says XRPL’s maturity, low fees, and flexibility make it ideal for future global finance.
XRPL offers a permissionless design with optional regulated features for broad financial use cases.
Proof-of-Authority consensus gives XRPL fas...
Cryptocoins News / CoinJournal - 2 weeks ago
US spot Ethereum exchange-traded funds drew $729.1 million in net inflows on Wednesday.
BlackRock’s ETHA led with $500.9 million, followed by Fidelity’s FETH with $154.7 million.
Standard Chartered’s Geoff Kendrick lifted his ye...
Cryptocoins News / CoinJournal - 2 weeks ago
Key takeaways
Bitcoin hit a new all-time high of $124,457 a few hours ago as the broader crypto market rallied higher.
BTC could be looking to continue its upward momentum and target the $130k mark next.
BTC hits a new all-time high
The cryptocurre...
Cryptocoins News / CoinJournal - 2 weeks ago
Bitcoin smashes its record, climbing to a new all-time high of $124,002.
Hopes for a significant Federal Reserve rate cut are fueling the rally.
A new executive order opens the door for crypto in 401(k) retirement plans.
Bitcoin blasted through to...
Cryptocoins News / CoinJournal - 2 weeks ago
Sign Foundation has wrapped its first buyback of SIGN coins.
It acquired $8M via the open market and $4M through private settlements.
SIGN has gained 11% in the past day amidst revived optimism.
Digital currencies performed well on Monday, and posi...