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Ethereum is attempting to regain stability after the sharp selloff on Tuesday that sent its price plunging below $3,100. The drop triggered widespread liquidations across the crypto market, with ETH briefly touching multi-week lows before finding support. As of today, bulls are trying to reclaim the
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By Dean SealShares of Block dropped after the company's third-quarter results fell short of Wall Street forecasts.The stock was down 9.6% at $64.10 after hours. Shares were already down more than 16% year-to-date when the market closed.The payments company behind Cash App and Square said revenue ros
Ethereum traders have quickly pivoted to extreme bullishness after the recent crypto market crash. According to market data analysis from Santiment, Ethereum traders have been expecting a strong rebound in the coming days following a series of deleveraging.Source: SantimentHowever, Santiment cautio
Key takeaways:Over 21,000 new XRP wallets were created in 48 hours, the fastest growth in eight months.Record decentralized exchange transactions coincided with XRP’s price weakness, hinting at non-organic activity.Whale wallet outflows have stabilized after $650 million in selling, suggesting a pot
Bitcoin fell to a five-month low before staging a modest recovery, testing a crucial support line that traders say could decide the short-term fate of the bull market.According to Crypto Onchain, Bitcoin hit an intraday low of $98,900 before buyers pushed the price back above $101,000 and later to $
Japan's Financial Services Agency has decided to support a project by the country's three megabanks to jointly issue stablecoins, Finance Minister Satsuki Katayama said on Friday.Katayama, who also oversees the FSA, made the comment in a news briefing after a regular cabinet meeting.
Banking behemoth JPMorgan has suddenly turned bullish on Bitcoin, predicting that the price of the leading cryptocurrency could potentially reach $170,000 within the next six months. The banking giant now believes that Bitcoin is actually undervalued against gold after persistently underperforming t
A key on-chain metric used to assess Bitcoin’s upward potential, the Bull Score, has plunged to zero out of a possible 10 points. This marks the first time the score has hit zero since January 2022, the period that preceded the last major bear market.Data from the on-chain analytics platform CryptoQ
The US Federal Reserve’s decision to ease monetary policy is inflating an economic bubble that could drive up the prices of hard assets, but also marks the final phase of a 75-year economic cycle, according to former hedge fund manager Ray Dalio.Typically, the Federal Reserve eases interest rates wh
Ethereum’s recent decline has drawn attention across the crypto market as the second-largest cryptocurrency struggles to recover from its 15% weekly loss. The ongoing bearish conditions have dragged ETH down to levels not seen in months. However, this sharp correction may signal the start of a recov
Shiba Inu faces heavy sell-off as 1 bllion SHIB flood exchangesSHIBÂ faces a substantial sell-off on the market, which could become a foundation for a further price downslide.Massive liquidation. Roughly 1 billion SHIB have been sold on exchanges in the past 24 hours, marking a major sell-off phase.W