On April 7, the CBOE Volatility Index (VIX) posted a rare spike to 60, a level seen as a barometer of extreme market fear and uncertainty. According to Dan Tapiero, CEO of 10Tfund, the VIX has hit 60 only five times in the last 35 years, and data suggests a rebound for risk assets such as Bitcoin (BTC) in 6 to 12 months. CBOE Volatility Index. Source: Cointelegraph/TradingView The VIX, which is widely considered a “fear gauge,” reflects investor expectations of market turbulence based on S&P 500 options trading. As…
Tag: Market
Bitcoin Outshines Altcoins in Q1 2025 Market Slump, Coingecko Study Finds
The cryptocurrency market capitalization dropped 18.6% to $2.8 trillion in Q1 2025, with bitcoin consolidating its lead as altcoins stumbled, according to Coingecko’s quarterly report. Coingecko Data Shows Crypto Trading Activity Slowed Sharply in Q1 2025 The crypto market faltered in early 2025, shedding $633.5 billion amid muted trading activity, Coingecko researchers detailed in a […] Original
BNB Chain Dominates NFT Market, Daily Sales Reach $8.2M
Key Notes The NFT sales volume increased by 66% in 24 hours. BSC dominated the market with over $8 million in daily sales. NFT sales on the BSC network reached a new all-time high. Investors are showing strong interest in non-fungible tokens (NFTs), with BNB Smart Chain (BSC) stealing the spotlight from Ethereum and Polygon. According to data from CryptoSlam, the daily NFT sales volume increased by 66%, reaching $21.5 million. The rise comes with increased interest from buyers. CryptoSlam data shows that the number of buyers rose by 9%…
Binance held 36% CEX market share in Q1
Binance has maintained its position as the leading centralized exchange in Q1 2025, despite a wider market downturn and declining trading volumes. With a total trading volume of about $8.39 trillion, Binance accounted for 36.5% of the global CEX market share, according to TokenInsight’s Q1 exchanges report. This was a decrease from the $9.95 trillion volume in Q4 2024 in line with the general market trend. Because of the waning hype after Trump’s inauguration, overall cryptocurrency trading volumes dropped 12.5% during the quarter. Total spot trading volume across the top…
Bitcoin Recovery in Motion? Analyst Tracks Key Divergence Between US and Asia Market
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Ripple Whale Activity Surges—Will $273 Million XRP Transfer Shake The Market?
Recent happenings with whales have caused turbulence in the XRP market. A transaction of 131 million XRP tokens, which is around $273 million worth, has sent jitters among investors. This occurrence comes during the tough battle of XRP in attempting to cut through the resistance at $2.16. Large Wallet Transfers Raise Questions About Market Stability As per blockchain monitoring by Whale Alert, an unknown owner moved 131 million XRP between wallets in a single transaction. The activity prompted conversations on trading platforms as investors attempted to decipher the move. The…
Fartcoin Approaches $1B Market Cap as Whales Buy More
Key Notes A new wallet spent $1M USDC to buy 1.06M Fartcoin, adding fuel to the bullish momentum. If FARTCOIN breaks above $0.98, the next key Fibonacci targets are $1.095, $1.28, and $1.46. Polymarket shows a 73% chance of FARTCOIN claiming an FDV of $1 billion before July. Fartcoin FARTCOIN $0.89 24h volatility: 1.5% Market cap: $882.23 M Vol. 24h: $355.09 M is once again making headlines across the meme coin world. The token, currently priced at $0.9167, has gained 8.34% in the last 24 hours and now boasts a…
Solana price is up 36% from its crypto market crash lows — Is $180 SOL the next stop?
Solana’s native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin’s rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the short term. Blockchains ranked by total value locked, USD. Source: DefiLlama Solana has established itself as…
OKX reenters US market following $505M DOJ settlement
Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the launch of OKX’s centralized crypto exchange and OKX Wallet in the United States, alongside the establishment of our regional headquarters in San Jose, California.“ All existing Okcoin users will be migrated to the new platform, which Robert said…
Crypto market may stabilize in late Q2: Coinbase report
Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3. In its monthly report published on Apr. 15, Coinbase noted that the total crypto market cap, excluding Bitcoin (BTC), has fallen 41% from its $1.6 trillion peak in December 2024 to about $950 billion. At the same time, venture capital investment in crypto remains 50–60% below the highs seen during the 2021–2022 cycle. These developments, along with global tariffs and ongoing…