On Friday afternoon, crypto markets appeared to catch their breath, though traders remained on edge, bracing for bitcoin’s next twist. At press time, BTC was trading at $96,800 to $97,150 per coin, while the broader crypto economy stood at $3.34 trillion—down 2.7% after some recovery. Bears Take a Breather Despite recent turbulence, the crypto market […] Original
Bitcoin’s supply dynamics are shifting dramatically, with demand surging and available sell-side inventory shrinking to its lowest levels in over four years, according to research from Cryptoquant and its analysts. Bitcoin Market Faces Supply Shock as Sell-Side Liquidity Hits Four-Year Low This evolving landscape suggests a tightening market that could have long-term implications for crypto […] Original
Quantum BioPharma Ltd., a Nasdaq-listed biotech and medical research company, has purchased $1 million in Bitcoin and other cryptocurrencies as part of a strategic move approved by its board of directors. The company plans to allow future financings and transactions in cryptocurrency, signaling confidence in the evolving crypto market. The company disclosed that the cryptocurrency assets are held with a compliant custodian to ensure adherence to financial and audit regulations. Its leadership believes the investment aligns with the growing legitimacy of digital assets and the potential for shareholder returns. Zeeshan…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Meme coins are taking a beating, with the market turning red as traders rush to cash out. But even in the midst of the selloff, two new projects are grabbing attention. Flockerz (FLOCK) and Crypto All-Stars (STARS), both in their ICO phase, offer a clear contrast to the declining fortunes of established meme coins. Meme […] Source CryptoX Portal
Este artículo también está disponible en español. Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC’s momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold. The current price action highlights growing uncertainty in the market, as bulls attempt to regain strength while bears capitalize on every opportunity to push prices lower. With $99,575 marked…
Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By […] Source
Crypto markets were under downward pressure on Friday, Dec. 20, driven by Bitcoin’s drop below $100,000, a broad spot price dip, and a funding flush. Cryptocurrency market prices corrected shortly after the U.S. Federal Reserve announced it would slow down rate cuts to address inflation concerns. Following the 25 basis point interest rate reduction, Bitcoin (BTC) slipped under $97,000, dragging the broader digital asset market with it, according to crypto.news price data pages. According to CoinGlass, Bitcoin’s descent triggered a $1.4 billion mass liquidation event, wiping out leveraged long positions…
The blockchain industry is on the brink of a major transformation, and 2025 will be the year everything truly starts to shift. But before we get there, it’s important to understand what’s been holding this technological revolution back. The current, traditional internet works because its infrastructure is scalable and connects users effortlessly, no matter where these users are located. The decentralized ecosystem, on the other hand, still struggles with issues stemming from fragmented liquidity and a clunky user experience that prevent the technology from reaching its true potential. For this…
Este artículo también está disponible en español. The Bitcoin price has dropped below the $100,000 psychological level and is now holding between the $96,000 and $98,000 range. Crypto analyst Ali Martinez provided insights into why Bitcoin could be holding well within this range. Why The Bitcoin Price Is Holding Steady Between $96,000 And $98,000 In an X post, Ali Martinez noted that one of the most important support levels for the Bitcoin price is between $98,830 and $95,830, where 1.09 wallets bought over 1.16 million BTC. This explains why Bitcoin…