Tag: Market

Crypto Market Structure Bill Will Be Law By 2026

boss

Wyoming Senator Cynthia Lummis, one of the Republicans leading the charge in support of legislation for digital asset market structure, has said a bill will end up on US President Donald Trump’s desk “before the end of the year.” Speaking at the Wyoming Blockchain Symposium in Jackson Hole on Wednesday, Lummis said Republicans’ goals included having a market structure bill passed through the Senate Banking Committee by the end of September, followed by consideration in the Senate Agriculture Committee in October. Both committees will address how the US financial regulators,…

Crypto Market correction driven by investor ‘fear spikes’ ahead of Powell speech

boss

Cryptocurrency investors are bracing for the US Federal Reserve’s annual gathering in Jackson Hole on Friday, where Chair Jerome Powell’s remarks may provide key signals on interest rate policy heading into September’s Federal Open Market Committee meeting. Bitcoin (BTC) briefly fell to $112,565 on Wednesday, a two-week low last seen on Aug. 3, Cointelegraph data shows. Bitcoin’s dip below $113,000 is a snapshot of “rising nerves in the market” as macroeconomic tensions surrounding Powell’s speech are causing “fear spikes” among digital asset traders, according to Ryan Lee, chief analyst at…

Bitcoin Nearing Profit Zones That Marked Past Market Tops

boss

Bitcoin (BTC) has once again slipped under the $120,000 price mark, retracing after reaching a new all-time high above $124,000 last week. As of the latest market data, BTC is trading around $115,557, down 2.5% in the past 24 hours and nearly 7% below its peak. This price movement suggests that the asset is currently consolidating after its recent rally, leaving market participants watching closely for the next directional move. Meanwhile, analysts are turning to on-chain data for signals on Bitcoin’s potential trajectory. One such perspective comes from PelinayPA, a…

Crypto market sell-off accelerates, but SOL data predicts recovery to $200

boss

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

LATAM Crypto Exchange Flows Surge 9x to $27B as Bitso Dominates Market

boss

Latin America’s (LATAM) centralized crypto exchanges grew from niche platforms into critical financial infrastructure in three years, with flows increasing ninefold, according to new research. Dune Research’s LATAM Report revealed that 2021 annual crypto exchange flows in the region totaled $3 billion. In 2024, the total exchange flows for LATAM reached $27 billion, up by 800%, signaling strong regional digital asset growth.  In its early years, LATAM crypto activity was modest by global standards. Still, a fragmented ecosystem of small brokers and over-the-counter (OTC) desks grew into integrated exchanges serving…

Market Bottom Signal Emerges Amid Short-Term Panic Sell-Off

Key Notes On-chain data shows that short-term Bitcoin holders are selling at a loss. A key indicator, showing the market bottom, has surfaced. The market sentiment remains in the neutral zone with bearish consolidation. Bitcoin (BTC) saw a sharp decline from its new all-time high of nearly $124,500, triggering fear, uncertainty, and doubt among investors and traders. Short-term Holders Sell Bitcoin at a Loss Some short-term BTC holders have been selling at a loss, similar to the January correction, according to data from CryptoQuant. Bitcoin’s Short-Term Holders Selling at a…

Ethereum Price Retreats, Market Watching $4,200 for Next Move

boss

Ethereum price started a downside correction below the $4,550 zone. ETH is showing some bearish signs and might decline toward the $4,120 support zone. Ethereum started a fresh decline below the $4,550 and $4,420 levels. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,200 zone in the near term. Ethereum Price Dips Again…

ETH Trader turns $125k into $43M, locks in $7M after market downturn

boss

A cryptocurrency investor turned a $125,000 stake into a multimillion-dollar profit trading Ether on a decentralized exchange, even as whales began locking in gains after the recent rally. The savvy trader turned an initial investment of $125,000 into over $43 million at its peak in just four months before the latest market downturn hit his Ether (ETH) long position. Despite the market downturn, the savvy trader closed all his positions, locking in a net profit of $6.86 million on Monday, generating an impressive 55-fold return on his initial investment, according…

NFT Market Cap Drops $1.2B as Ether Declines; Penguins Overtake Apes

boss

The non-fungible token (NFT) market lost more than $1.2 billion in value in less than a week as Ether’s rally slowed, according to sector data. On Monday, NFT Price Floor data showed that the total valuation of NFT collections had dropped to $8.1 billion, a 12% decline from Wednesday’s NFT market cap of $9.3 billion, which had surged 40% since July.  NFTs losing $1.2 billion in valuation in less than a week coincided with a 9% drop in Ether (ETH) prices. At the time of writing, Cointelegraph data showed ETH…

BITCOIN – BLACKROCK IS GIVING YOU 48 HOURS!!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Check out BTCC! THIS IS ONE OF THE BEST PLACES TO TRADE TODAY! Get a 10% deposit bonus and lower trading fees with this link! Trade Long or Short on Bydfi. No KYC. No VPN. GET UP TO $10,000 of free XRP with this link! 👉 🚀 TRADE ON BLOFIN IF YOU WANT ONE OF THE BEST UIs AND SOME OF THE BIGGEST BONUSES IN CRYPTO! (I’VE BEEN TRADING HERE THE LONGEST!) I JUST POSTED AN EXCLUSIVE TELEGRAM ONLY VIDEO! JOIN OUR…