Bybit’s analysis notes the initial tailwind from Fed easing was quickly tempered by Powell’s refusal to pre-commit for December, leaving institutional options traders firmly in a defensive, hedged posture. Summary Bybit says the Fed’s October rate cut briefly lifted crypto before Powell’s cautious tone cooled sentiment. Treasury yields reversed higher as traders priced in a…
Solana trades below $190 support as RSI weakens, open interest rises, and ETFs drive new interest. Analysts watch $300 target closely. Solana (SOL) is trading below a key level that many traders are watching, as the $190 mark has become a critical support zone. If the asset remains under this level, upward movement toward…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s Chief Technology Officer (CTO), David ‘JoelKatz’ Schwartz, has reignited the long-running debate over decentralization by pitting the XRP Ledger (XRPL) against other major blockchains. His recent statements have drawn sharp attention across the broader crypto community, particularly for their bold claims…
Tech entrepreneur and billionaire Elon Musk is set to launch a standalone messaging app called “X Chat” to compete with Telegram and WhatsApp, with a rollout expected within the next few months. “On X, we just rebuilt the entire messaging stack into what’s called ‘X Chat,’” said Musk during The Joe Rogan Experience podcast, which…
Key Takeaways BitMine predicts the stablecoin market will grow to $2 trillion as Ethereum continues to anchor issuance and liquidity. The firm’s Ethereum accumulation strategy reflects increasing institutional confidence in blockchain-based stability assets. Share this article BitMine, a publicly traded company transitioning from mining operations to Ethereum treasury building, projects stablecoins could grow from a…
Payments-focused blockchain platform Stellar plans to leverage oracle network Chainlink’s solutions, including data standards and cross-chain interoperability protocol, to boost decentralized finance traction on the blockchain network. Summary Stellar is integrating Chainlink to tap into Data Feeds, Data Streams, and the Cross-Chain Interoperability Protocol. Developers and institutions will benefit from the same solutions powering over…
Spent Output Age Bands (SOAB) data confirmed that the recent panic selling came from “hot money,” not diamond hands. When the U.S. Federal Reserve cut interest rates on October 29, the price of Bitcoin (BTC) dropped sharply, prompting traders to send more than 10,000 BTC to Binance and raising questions about whether it was…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Even though the price of Cardano has shown robust weakness over the past few days, the network’s activity remained strong, delivering a notable performance during this period. A recent report has revealed that the leading blockchain has experienced a sharp growth in…
Key points: For the first time in seven years, Bitcoin is at risk of ending October in the red. Several altcoins have dropped to their crucial support levels, indicating selling on rallies. Bitcoin (BTC) bulls are attempting to maintain the price above $110,000, but the bears have continued to exert pressure. That increases the risk…
Key Takeaways Galaxy Digital recorded a 1,531 BTC outflow as institutional investors continue adjusting crypto allocations. While Galaxy sold, Jump Crypto increased exposure, swapping $205M in Solana for $265M in Bitcoin. Share this article Galaxy Digital, a leading institutional crypto asset manager, recorded an outflow of 1,531 Bitcoin today as market pressures continue to weigh…
