Bitcoin and altcoins continue to sell-off, but Solana’s fundamentals and accelerating institutional traction hint at a price recovery to $200. Key takeaways: Solana’s DeFi dominance and growing fees sustain network demand, boosting investors’ long-term confidence. Institutional investors’ interest in SOL futures, ETP exposure and staking yield add to SOL’s resilience. Read more Original
Bitcoin has pulled back to around $115,000, marking a 6.8% decline below its all-time high of $124,128, reached on Aug. 14. Summary Bitcoin retreats to $115K, about 7% below its Aug. 14 ATH of $124,128. Binance whale distribution and rising exchange reserves signal ongoing selling pressure. Analysts see $114K support as crucial before a potential renewed uptrend. The move comes as fresh macroeconomic data unsettled traders while large holders appeared to lock in gains near the top. Consumer prices in July had raised hopes that interest rate cuts were near, but the Producer Price…
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, XRP adoption rises in Latam, Meliuz posts record-breaking financial results, and Brazil unveils anti-tariff measures. Bitso Report: XRP Rises as a Dark Horse in Latam Portfolios While the cryptocurrency market in Latam […] Source CryptoX Portal
The crypto economy ended the week slightly higher, rising from $3.97T to $4.04T, but the real story was the volatility beneath the surface. Crypto Market’s Eventful Week After appearing to keep up the momentum from the previous week, the crypto economy ultimately ended this week marginally higher, rising from $3.97 trillion to $4.04 trillion. This […] Original
Bitcoin is trading at a decisive point after recently setting new all-time highs, but momentum appears to be shifting. Despite briefly pushing past $120,000, BTC failed to sustain levels above its record, and the breakout above ATH remains unconfirmed. This lack of follow-through has fueled bearish speculation, with some analysts warning that the market could be facing increased downside risk in the short term. Related Reading At the same time, on-chain data paints a more constructive picture for long-term stability. According to the latest insights, the Long-Term Holder (LTH) cohort—those…
New data from the cybersecurity firm PeckShield reveals that tens of millions of dollars worth of digital assets were stolen from the crypto exchange BtcTurk. In a new post on X, PeckShield says that the Turkish crypto exchange platform BtcTurk has been exploited to the tune of $49 million worth of crypto assets, $38.6 million of which was Ethereum (ETH), the second-largest cryptocurrency by market cap. Other notable digital assets stolen include $4.3 million worth of layer-1 blockchain Avalanche (AVAX), $1.9 million worth of the layer-2 scaling solutions Arbitrum (ARB),…
The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. […] Original
Bitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month, significantly exceeding the forecasted 0.2% increase. This marked a sharp acceleration from the prior […] Original
Bitcoin (BTC) price hit a new all-time high above $123,231 on Wednesday on Coinbase, following a similar performance from the S&P 500 which rallied to a record high of 6,457. Bitcoin’s ascent to new highs comes one day after the July US CPI print showed inflation holding at 2.7% year-over-year, which was unchanged from June and below the forecast 2.8%. The data showed overall CPI increasing 0.2% versus a 0.3% increase in June. Following the report’s release, the CME FedWatch tool showed the market odds of an interest rate cut…
XRP has experienced strong price performance in recent weeks, climbing over 12% in the past month and reclaiming notable price levels. However, as of the latest trading session, the asset is showing signs of correction. At the time of writing, XRP is valued at $3.17, representing a 1.2% decline over the past 24 hours from its recent high of roughly $3.22. The recent surge in XRP’s value was largely driven by a major legal development. On August 7, 2025, the long-running US Securities and Exchange Commission (SEC) lawsuit against Ripple…