Tag: Market

Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk

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Bitcoin price is struggling below $105,000. BTC could continue to move down if it stays below the $104,200 resistance. Bitcoin started a fresh decline below the $104,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $103,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it fails to surpass the $105,000 zone. Bitcoin Price Faces Resistance Bitcoin price failed to stay…

Franklin Templeton brings tokenized USD money market fund to Hong Kong

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The launch marks Franklin Templeton’s latest step into digital assets, introducing a blockchain-based UCITS fund as Hong Kong accelerates its push toward real-world asset tokenization. Franklin Templeton has launched a tokenized US dollar money market fund for professional investors in Hong Kong, expanding its crypto offerings in Asia. According to a statement shared with Cointelegraph on Wednesday, the Franklin OnChain U.S. Government Money Fund is the first end-to-end tokenized structure by an asset manager to integrate issuance, distribution and servicing directly onchain in Hong Kong. The tokenized fund will be initially…

ETH price drop to $3K sets stage for $7B short squeeze if crypto market recovery holds

ETH’s flash crash to $3,050 cleared out $1.3 billion in leveraged long positions, creating a market imbalance with $7 billion in short liquidity. Will a short squeeze send ETH above $4,000? Key takeaways: Ether dipped to $3,055, wiping out $1.3 billion in long liquidations across exchanges. Over $7 billion in short positions near $4,000 sets up potential for a sharp squeeze. Read more Source BitcoincryptoexchangeExchanges CryptoX Portal

Trump Says US Stock Market Will Hit ‘Many More Record Highs’

U.S. President Trump told Republican senators that the United States is experiencing “the hottest economy we’ve ever had” and predicted that the stock market will continue breaking records despite a temporary dip tied to the government shutdown. President Trump Cites Construction Surge as Proof of Economic Expansion Speaking during a breakfast meeting with Republican senators, […] Source CryptoX Portal

Good luck suing crypto exchanges, market makers over the flash crash

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If a crypto exchange has tech glitches, or a market maker pulls liquidity, exacerbating a flash crash, there are few legal avenues to pursue. Almost twenty billion dollars in perpetual futures positions were liquidated during the Oct. 10 crypto crash, prompting traders to ask who should pay if platforms fail under pressure. Unlike regulated securities exchanges, crypto venues can pull liquidity, cut profitable positions and often rely on arbitration clauses that limit legal recourse as long as users have clicked I agree. In the latest liquidation frenzy, Binance was at…

ASTER Defies Crypto Market Drop: Next 1000x Crypto Now?

Key Notes Crypto experts highlight ASTER token’s “insane relative strength” and potential breakout toward $2.80. CZ’s repeated ASTER buys boost sentiment, with the Binance founder purchasing over $2 million worth of tokens in recent days. BNB-based decentralized exchange (DEX) has emerged as a strong competitor to dominant players like Hyperliquid. ASTER, the native token of the decentralized exchange (DEX) Aster, has staged a strong rally, gaining 13% over the last 24 hours. The ASTER token price is on a strong run, rising past $1.0, soon after Binance founder Changpeng…

Live: Crypto Market Fear Deepens, What’s Happening on Nov. 5?

November hasn’t been kind to the crypto market so far. Bitcoin BTC $101 913 24h volatility: 1.9% Market cap: $2.03 T Vol. 24h: $113.58 B is trading near the $100,000 mark, Ethereum ETH $3 306 24h volatility: 5.3% Market cap: $399.05 B Vol. 24h: $69.06 B is under $3,400. A lot of leading altcoins like Solana SOL $156.8 24h volatility: 2.1% Market cap: $86.64 B Vol. 24h: $11.13 B , XRP XRP $2.23 24h volatility: 1.1% Market cap: $134.17 B Vol. 24h: $8.87 B , and Cardano ADA $0.53 24h…

Ethereum: Dubious Speculation

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It is once again time for some #Ethereum dubious speculation! Into The Cryptoverse Premium SALE Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto Treasury Firms Aiding Market Downturn, Professor Says

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Conversations about Bitcoin’s price drop should include the impact of crypto treasury companies, which have contributed to the decline, argues Omid Malekan, a blockchain author and adjunct professor at Columbia Business School. “Any analysis of why crypto prices continue to fall needs to include DATs [digital asset treasuries],” Malekan said in an X post on Tuesday. “In aggregate they turned out to be a mass extraction and exit event — a reason for prices to go down.” He added that there are a few companies that have tried to “create…