XRP slid through short-term support Wednesday as sellers again showed up near $1.90, keeping the token pinned in a tightening range and pushing attention toward the $1.85 area. News background The move comes as crypto markets remain choppy into the year-end window, when liquidity often thins and positioning tends to dominate price action. Traders have … Read more
Dogecoin slipped under the $0.13 level Tuesday as heavy spot selling coincided with a sharp jump in derivatives activity, suggesting traders are positioning for wider swings rather than an immediate rebound. News background BitMEX reported Dogecoin futures volume surging 53,000% to $260 million as traders ramped up exposure into the move, a sign that volatility … Read more
Bitcoin BTC$89,081.59 has spent virtually all of December locked between $85,000 and $90,000, while U.S. equities rallied and gold hit all-time highs. That’s left bitcoin investors frustrated, and the explanation lies in derivatives mechanics. Now, those same mechanics indicate that the largest cryptocurrency could be making a break toward the high end of the range. … Read more
Prediction market Polymarket blamed an unidentified third-party login provider for recent account breaches reported by several users. The platform confirmed the security incident on its Discord channel after users reported missing funds and suspicious login attempts. Social media posts on Reddit and X show several users received unexpected login alerts and then discovered their balances … Read more
Newcomers are diving into crypto without learning what it is, veterans are watching their profits soar without spurring adoption and skeptics are judging crypto with little information, says OG Bitcoiner James Howells. Howells is famous for fighting in court to recover a hard drive from a landfill that contained 8,000 Bitcoin (BTC) worth $700 million. … Read more
Ethereum is unlikely to hit new highs in the coming year, given the current conditions for Bitcoin, says crypto analyst Benjamin Cowen. “If Bitcoin truly is truly in a bear market, which is what it feels like, it would be kind of hard for Ethereum to go up there,” Cowen said on the Bankless podcast … Read more
Crypto market sentiment remained in “Extreme Fear” on Friday, marking the 14th straight day that market sentiment has remained in the zone. The sentiment-tracking Crypto Fear & Greed Index fell three points to a score of 20 out of 100 on Dec. 26, hitting a two-week stretch of “Extreme Fear” that started on Dec. 13, … Read more
Avian Labs, the company behind crypto payments service Sling Money, received approval to operate as a crypto services provider from the U.K.’s Financial Conduct Authority, expanding its reach in Europe after securing a license from the Dutch regulator in April. The approval places the person-to-person payments app among a growing cohort of crypto payments firms … Read more
Gold is at a critical juncture when measured against U.S. money supply (M2SL), testing a level it last reached in 2011 and not surpassed since the 1970s, when the price more than tripled to a then-record $700 an ounce over the course of several years. In contrast, bitcoin BTC$87,736.43, referred to by some supporters as … Read more
HashKey Capital, a subsidiary of HashKey Holdings, said it closed the first round of fundraising for its fourth crypto fund, locking in $250 million from a mix of institutional investors, family offices and high-net-worth individuals. The fund, HashKey Fintech Multi-Strategy Fund IV, is targeting a final close of $500 million. It will invest in both … Read more