XRP Goes Head-To-Head With Bitcoin In This Metric As South Korean Market Wakes Up

XRP’s growing momentum has not only intensified price speculations but has also placed it in direct comparison with Bitcoin in one surprising metric, especially in the South Korean market. Data shows that XRP is now challenging Bitcoin’s dominance in the South Korean crypto world, as evidenced by the reserves of Upbit, the biggest crypto exchange in the country in terms of trading volume and market share.  Upbit’s Unusual XRP Reserve Levels On-chain data shows how XRP is beginning to challenge Bitcoin’s long-standing dominance in South Korea, where trading activity is…

Live: Crypto Market Cap Falls to $3.89T and Other News on Sept. 22

The crypto market is in the red today. Bitcoin BTC $112 953 24h volatility: 2.5% Market cap: $2.25 T Vol. 24h: $36.49 B is trading at around $112K, down 1.5% in the past 24 hours. Meanwhile, the crypto market cap is down 3.9%, at $3.89 trillion. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your…

Bitcoin ‘Uptober’ Rally Prospects Remain Despite Crypto Market Dip

Crypto pundits are debating whether there will be a crypto rally in October — just 10 days away — after the markets went in an opposite direction on Monday.  Historically, October has been one of the most reliably positive months for Bitcoin (BTC), shooting into the green 10 out of 12 times since 2013, according to CoinGlass, earning it the moniker “Uptober.” The asset has not seen a loss in October since 2018, when it declined 3.8%. In the bull market years of 2017 and 2021, Bitcoin gained 48% and…

TOM LEE TALKS ABOUT $200k ETHEREUM

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DAT Treasuries Need Discipline to ‘Survive Any Market’

The survival of corporate crypto treasuries depends on governance and discipline, according to HashKey Capital CEO Deng Chao. In an interview with Cointelegraph, Chao argued that digital asset treasuries (DATs) are sustainable long-term, but “with an important caveat.” Those that lack risk frameworks, diversify poorly or treat digital assets like speculative bets tend to collapse in volatile cycles. “Resilience comes from discipline,” he said. “Digital assets themselves are not inherently unsustainable; it is how they are managed that makes the difference.” The remarks come just weeks after HashKey launched its…

Bitcoin: The Pattern That Historically Ended The Bull Market

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Analyst Says XRP Price Not Reaching $10+ Due To Market Cap Is Irrelevant

The arguments for the XRP being able to reach $10+ or not have ranged from how high the market cap would have to go, as well as there being too much supply of the token. However, crypto analyst XForceGlobal has debunked it and said that the market cap argument is not valid. In their view, the XRP price is definitely primed for the $10 mark and is only a matter of time before the digital asset reaches this level. Don’t Be Fooled By The Market Cap Argument In a post…

Crypto Will Surge On Fed Moves And Market Isn’t Ready: Economist

Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in the coming months in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate cuts in the coming months on the part of the Federal Reserve,” Economist Timothy Peterson told Cointelegraph on Friday. “There has never been a gradual reduction in rates like that currently envisioned by the Fed,” Peterson said, explaining that he expects “the surprise effect” to kick in and potentially catch the market offside. “It will…

MYX Token’s 1,400% Rally Likely the Result of Market Manipulation

Trading of the MYX token, the cryptocurrency of the MYX decentralized exchange (DEX), featured hallmarks of market manipulation, according to a report from AI infrastructure company Rena Labs and market intelligence company Insider.Cash. The report analyzed over 9,200 minute-by-minute data points between Sept. 9 and Monday, which found 249 trading anomalies regarding illiquidity, volume spikes, price ratios and trade intensity. The researchers found that MYX liquidity anomalies on the Gate exchange spiked by 433% on Sept. 9, with a total of 32 illiquidity events on Sunday and Monday, signaling either…