Category: The Bull & The Bear
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Chainlink LINK processes $7B daily in stablecoin transfers for SWIFT and ANZ Bank
Chainlink LINK facilitates stablecoin transfers, processing $7B daily. SWIFT and ANZ Bank utilize its oracle network for tokenized asset settlements.
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Bullish traders lose $860M as ETH, BTC, XRP, DOGE drop 9% in 2024
Bullish traders lost $860M in liquidations as ETH, BTC, XRP, and DOGE prices fell 9%. Bitcoin dropped to $62K, Ethereum to $3.2K.
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Coinbase notes altcoin season signals as Ethereum rises 15% in March 2024
Coinbase reports early altcoin season signals with Ethereum up 15%, Solana rising 20%, and Bitcoin dominance dropping to 42% in March 2024.
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$5B Bitcoin options expiry today drives market volatility, says Deribit data
Bitcoin options worth $5B expire today, impacting BTC and ETH prices. Analysts note increased volatility as Deribit and CME see record open interest.
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Dogecoin whales buy 2 billion DOGE as crypto market cap hits $1.2 trillion
Dogecoin whales acquired 2 billion DOGE, signaling bullish sentiment. Bitcoin and Ethereum also rose, with crypto market cap reaching $1.2 trillion.
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Bitcoin dominance drops to 40% as altcoins surge in Q2 2024
Coinbase reports Bitcoin dominance dropped to 40%, signaling altcoin season. Ethereum, Solana, and Cardano gained 15% amid shifting market trends in Q2 2024.
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Bullish Exchange hits $13.2B valuation in NYSE debut amid crypto surge
Bullish Exchange debuts on NYSE with $13.2B valuation, joining Coinbase and Kraken in crypto trading surge amid SEC regulatory scrutiny.
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Circle faces USDC growth slowdown and rising costs in 2024 stablecoin market.
Analysts highlight risks for Circle as USDC growth slows to 5% and distribution costs rise, impacting stablecoin market share against Tether and USD Coin.
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Bitcoin nears 2021 peak of $69,000 amid mixed trader sentiment
Bitcoin mirrors its 2021 peak at $69,000, with traders divided on significance. Ethereum and Solana show volatility amid market uncertainty, reflecting 40% trading volume increase.
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Q4 2023 tests Bitcoin’s 4-year cycle with BTC at $30,000
Analysts debate Bitcoin’s 4-year cycle as Q4 2023 approaches, with BTC at $30,000. Historical patterns suggest potential shifts in crypto market dynamics.
