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Key point:BNB Smart Chain’s Maxwell upgrade has acted as a catalyst in starting an uptrend toward $719.BNB Smart Chain’s Maxwell upgrade, which, according to the BNB Chain team, is “a technical leap forward for faster blocks, better validator coordination, and smoother network performance,” went liv…
OpenAI issued a statement on Wednesday clarifying that OpenAI tokens distributed to European Union users by the trading platform Robinhood do not represent equity in the company."We are not involved in this and do not endorse it,” representatives of the company wrote on social media. “Any transfer o…
Key point:The launch of REX Shares staked Solana ETF had a positive impact on SOL price, but trading above $159 would mark the start of a trend change.REX Shares launched the first-ever US-staked cryptocurrency exchange-traded fund on Wednesday, giving investors direct exposure to Solana and an opp…
Key point:Selling accelerated on Tuesday, raising the chance for a Bitcoin price drop to $104,000.Bitcoin pulled back to $105,250 on Tuesday after failing to cross above the $109,000 mark on Sunday and Monday. Bitfinex analysts said in a market report that Bitcoin could have formed a local top or m…
Key takeaways:SOL’s 5% ETF-driven rally to $160 was reversed entirely within 24 hours, exposing persistent technical weakness on the lower and higher time frames.SOL trades near a key $144.5–$147.7 supply cluster. A breakdown below $144 could trigger a drop to $124 or even $95–$100, where support th…
Key points:The recent announcement of two major features has failed to arrest the fall in PI price, but a bounce could start from $0.47.Pi (PI) announced the release of two major features on Friday, but the news has failed to ignite the markets. While the price action was positive leading up to the …
Bitcoin has been stuck just above $100,000 for months and the question now is whether that level marked the top of the cycle, or if there’s still room to run.In our latest interview, macro analyst Lyn Alden breaks down where we might be in the current Bitcoin cycle, and why this one could look diffe…
BNB Smart Chain’s Maxwell upgrade appears to have gone live, with average block times falling to 0.8 seconds, down from 1.5 on Monday.The Maxwell hard fork was set to cut block times in half, among other upgrades. BNB Chain said on Thursday that the Maxwell upgrade will make transactions faster for …
Japanese Bitcoin treasury firm Metaplanet has surpassed mining company Cleanspark in becoming the fifth-largest corporate holder of Bitcoin (BTC) after buying another 1,005 BTC for $108 million.The firm now holds 13,350 BTC acquired for around $1.31 billion at around $97,832 per Bitcoin. At current …
South Korea’s central bank has reportedly postponed the testing of a central bank digital currency (CBDC) as the country’s government has increasingly aired support for local currency stablecoins.On Sunday, the Bank of Korea told banks taking part in CBDC tests that started in April that it was temp…
An unlucky trader was liquidated eight times in the last week, according to blockchain analytics service Lookonchain. The trader, under the handle qwatio, saw a total loss of $12.5 million. In the latest liquidation on Monday, Lookonchain said qwatio was partially liquidated for an Ether (ETH) posit…
Hacked Iranian crypto exchange Nobitex has begun the process of restoring services after it was attacked by pro-Israel hacker group Gonjeshke Darande earlier this month.The exchange stated that only users who have completed identity verification will have access to the wallet, with spot exchange use…