In the last day, Shiba Inu is experiencing a dramatic decline in on-chain activity as exchange outflows are below one billion $SHIB. It clearly indicates that this level is a loss of momentum across the network, as it does. This kind of slowdown is not a neutral development for an asset that depends on retail participation and continuous circulation. Rapid …
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Rising tensions in the Middle East and global geopolitical pressures continue to negatively impact Bitcoin, Ethereum, and other cryptocurrencies. This has led to a significant slowdown in the capital flowing into the cryptocurrency market. Wall Street giant JPMorgan has analyzed the current state of the cryptocurrency market in a new report. JPMorgan said that capital flows into cryptocurrencies “slowed significantly …
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However, as geopolitical developments in the Middle East continue to intersect with cryptocurrency markets, it has been claimed that Iran demanded Bitcoin payments through the Strait of Hormuz have sparked interest from people who want bitcoin. An analysis has suggested that if Iran were to demand transit fees in Bitcoin for oil tankers and the current ceasefire would continue, it …
Read More »Solana is among the fastest networks in the cryptocurrency ecosystem, and its foundation has taken a major step towards quantum computer preparations — one of the biggest threats to the future “The most important thing that we can do is prepare for this next generation.” With the cryptography firm Project Eleven, the network started to test quantum-resistant signature systems. However, …
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According to a live interview with Fox News Chief Foreign Correspondent Trey Yingst, he had 15 minutes of phone contact with US President Donald Trump. Trump also issued a strong warning about ongoing nuclear and regional negotiations with Iran. President Trump said the following to Yingst: “If they don’t make a deal, and if they do not I think of …
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Drift Protocol, a decentralized cryptocurrency exchange (DEX), says the recent exploit against the platform was a six-month-long, highly coordinated attack. In an X post on Saturday, Drift said ‘The preliminary investigation shows that D drift was part of a structured intelligence operation with organizational support, significant resources and months of deliberate preparation. The decentralized exchange was exploited on Wednesday, with …
Read More »In a major development in the cryptocurrency markets, Ethereum derivatives market had its first net inflow since long-term hiatus. It’s the first major structural change since the 2023 bear market,” said Darkfost, an analyst at the analytics platform CryptoQuant. The data shared by Darkforth show that net trading volume in the Ethereum derivatives market, which had been largely negative throughout …
Read More »***Cryptocurrencies such as $XRP and $BTC are advantageous in global use, control (and long-term growth), while Ripple CTO emeritus David Schwartz points to key differences that they have developed against stablecoins. **** Key Takeaways: Ripple’s David Schwartz favors $XRP and $BTC over USD for escrow, citing stronger upside. He warns issuers can freeze funds, exposing users to centralized control risk. …
Read More »Bitcoin, the first cryptocurrency to be coined as Bitcoin on Saturday, March 4, remained silent with its price trading around $67,000. During the weekend, such low volatility trading is common as institutional investors from traditional markets are offline. Nevertheless, the new on-chain data shows that Bitcoin’s network use has gone down to its lowest level since it was recorded, which …
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In the two months after major global crises, new analysis from Brazilian crypto exchange Mercado Bitcoin shows that Bitcoin tends to outperform traditional safe haven assets such as gold. Rony Szuster, head of research at the Latin American crypto platform, led the study that looked at 60-day windows after economic or geopolitical shocks like the COVID-19 outbreak and U.S. S, …
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As tensions between the US and Iran rapidly escalate, Donald Trump has drawn attention with his harsh statements. Trump reaffirmated his ultimatum to Iran in his latest statement, saying “I gave Iran 10 days for a deal or open the Strait of Hormuz.” The time is running out; if there is no result within 48 hours, all hell will be …
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The most visible bitcoin buyers in the world are buying at near-record pace. It is not enough. In a weekly report by CryptoQuant that showed overall 30-day apparent demand at 63,000 $BTC as of late March, the market is selling much faster than institutions can absorb. During the 30-day window that is rolling, ETF purchases were at about 50,000 $BTC …
Read More »In the Silver State on Friday, a state judge in Nevada temporarily suspended prediction market provider Kalshi’s sports-related contracts from his predictions markets. The First Judicial District Court heard that he would also order the Nevada Gaming Control Board to issue a preliminary injunction against Kalshi banning some of its prediction markets until ‘a larger court case from the state …
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Lighter, a DEX focused on perpetual (perps) trading, has been tapped to power Telegram’s native leveraged trading. Wallet in Telegram said users on the privacy-focused messenger can now trade crypto, stocks, metals and oil with up to 50x leverage as of 2nd April. The wallet has seen strong adoption with over 150 million registered users. In P2P transfers and fiat …
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Jack Dorsey, co-founder of Twitter (now X) and CEO of Block, has hinted at the return of a Bitcoin faucet. It has quickly received the attention of crypto community members following the announcement, which is a short-lived and highly publicized version of the news. It’s a simple question is it possible for users to earn small Bitcoin once again? One …
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