Bitcoin Rebounds From ‘Extreme Oversold’ Levels; XRP Jumps 7%, ZEC Surges 14%
Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.
Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.
Not all agree with some recent sentiment that stablecoins pose a threat to global financial stability.
This gap could create a “price dislocation” between on-chain and traditional markets, leading to potential losses or arbitrage opportunities.
The divergence emerged when newer nodes accepted a malformed transaction that older nodes rejected.
Jan van Eck questioned whether Bitcoin offers enough encryption and privacy, saying some longtime holders are examining Zcash as the market reassesses long-term assumptions.
Grayscale’s report comes shortly after it filed to convert its Chainlink Trust into an exchange-traded fund (ETF) that would trade on NYSE Arca.
Michael Saylor’s company’s balance sheet isn’t at imminent risk of collapse, but further capital-raising efforts could surely be hindered unless conditions improve.
Technical indicators suggest oversold conditions, but a break above $1.96 is needed to reverse the current downward trend.
Institutional BTC investors may explore whether bitcoin-native yield, collateral and liquidity opportunities could offer the next stage of strategic deployment.
The exchange plans to introduce U.S. perpetual-style futures for altcoins, settling on a five-year expiry.
The winning miner controls just 0.0000007% of Bitcoin’s total network hashpower, which recently hit a record 855.7 exahashes per second.
Strategy’s 650,000 BTC holdings make it a ‘pressure valve’ for the broader market, said the Bitmine Immersion chairman.
This inefficiency disproportionately affects retail liquidity providers, with 50% losing money due to impermanent loss, and net deficits exceeding $60 million, a new report finds.
Bitcoin is on track for its worst weekly performance since March, while U.S. demand indicators weaken as the Coinbase premium declines and spot ETFs reach a record volume.
A billion-pound laundering network spread across the UK used cryptocurrency to move criminal proceeds and help Russian interests evade sanctions, according to the NCA.
The attack did not compromise the underlying smart contracts, but users are advised to avoid the compromised domains and instead use decentralized ENS domains.
The chief of crypto-focused multi-family office Digital Ascension Group talks about his VIP services for wealthy holders of digital assets.
As the bitcoin treasury frenzy fades, the HODL pitch isn’t completely dead, but firm should consider active reserve management to stand out, analysts say.
Peak fear suggests a tactical low may be near.
Rival crypto asset manager Bitwise launched its XRP ETF earlier this week.
A steep selloff pushed ICP below the $4.33 floor, with exceptional volume marking the session’s decisive breakdown.
Tom Lee’s company could trap shareholders amid low staking yields, hefty embedded fees and vanishing NAV premium, 10x Research founder Markus Thielen warns.
While U.S.-listed bitcoin treasury firms struggle to outperform ETFs, Japan’s harsh crypto tax code sends investors into DAT stocks, making outperformance easy.
Trading volume explodes 98% above average as institutional sellers drive Hedera token through critical technical barriers.
JPMorgan warning on potential MSCI exclusion sparks fresh pressure, prompting another public response from the executive chairman.
Rep. Warren Davidson introduced legislation that allows bitcoin tax payments without incurring capital gains to beef up the U.S. Strategic Bitcoin Reserve.
The product is set to launch in the next couple weeks, Fanatics CEO Michael Rubin said on CNBC.
The exchange’s latest deal folds Solana-native Vector into its consumer trading arm, extending a rapid M&A streak.
Put options have dominated trading activity over the past week.
Bitcoin Cash (BCH) was also trading lower, down 2.3% from Thursday.