Bitcoin is trading at $103,891 with a market capitalization of $2.065 trillion. Over the past 24 hours, its trading volume reached $28.02 billion, moving within a narrow intraday range of $102,624 to $106,087. Bitcoin On the daily chart, bitcoin has shown a distinct bearish bias following a rejection from the $112,000 level. The formation of […] Original
Ethereum price remained inside a tight range this week as inflows into its exchange-traded funds slowed. Ethereum (ETH) dropped to a low of $2,400 this week as the crypto market crash continued. Its lowest level was down by 16% from its highest level this month, meaning it is in a technical correction. SoSoValue data shows that spot Ethereum ETFs added $40 million in inflows this week, down from $528 million a week earlier. It was the smallest increase since the week of May 16. There are two likely reasons for…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After another strong play for its all-time high in the past week, the price of Bitcoin has struggled to build on its recent bullish momentum. Over the last few days, the premier cryptocurrency has been specifically…
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The UKโs unclear regulatory stance on digital assets is drawing sharp criticism from market participants, with some citing โpolicy procrastinationโ as a key reason the country is falling behind both the European Union and the US in the race to define digital finance. In a Friday blog post, John Orchard, chairman, and Lewis McLellan, editor of the Digital Monetary Institute at the Official Monetary and Financial Institutions Forum (OMFIF), an independent think tank, argued that the UK has wasted its early-mover advantage in distributed ledger finance. The post, titled โThe…
Key Notes APT surged 5% amid a market-wide crash after being shortlisted for Wyomingโs state-backed stablecoin pilot program. Technical breakout from a descending triangle hints at a potential 100โ150% rally toward the $10โ$11 range. New partnerships with Flipster and Chainalysis strengthen Aptosโ ecosystem, security, and global adoption. While Bitcoin and Ethereum nurse losses amid a broader crypto market downturn, Aptos (APT) has outperformed, surging over 5.2% in the past 24 hours. According to CoinMarketCap data, its trading volume spiked a remarkable 150%, reaching $214 million. The Catalyst: Wyomingโs Stablecoin Pilot…
Key takeaways: XRPโs most-profitable investors are realizing over $68M in profits daily, mirroring the run-up to the 2017 market top. Over 70% of XRPโs realized cap has formed since late 2024, making the market top-heavy and vulnerable to sharp sell-offs. If selling from newer holders continues, XRP risks a 35% decline toward the $1.35โ$1.60 range. XRP (XRP) traders who bought before the November 2024 rally, when the Ripple-associated token was trading under $0.50, are now realizing profits at a pace of $68.8 million per day (7-day average), per Glassnode data.…
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Norway will temporarily ban the launch of new crypto mining data centers in an effort to reduce energy usage. Norway is cracking down on energy-intensive crypto mining operations. On Friday, June 20, the Norwegian government announced a temporary ban on new data centers that mine crypto. The ban, which will take effect in August, is intended to curb the significant energy consumption associated with mining activities. โThe Labour Party government has a clear intention to limit the mining of cryptocurrency in Norway as much as possible,โ Minister for Digitalization and…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Tron (TRX) has captured investor attention once again with major developments surrounding its future. On Monday, Nasdaq-listed SRM Entertainment (SRM.O) confirmed a strategic agreement with Tron founder Justin Sun. The deal will see SRM acquire Tron…