šŸ” šŸŸ”šŸ™‚ Market Analysis: 6-12-18

The crypto market is undergoing a dramatic shift as regulatory winds, macro signals, and ecosystem developments converge. Coinbase’s urgent call for Congress to 'finish the job' on crypto regulation comes just as the US CFTC greenlights spot crypto trading on registered futures exchanges—a la... ... Read full šŸŸ”šŸ™‚ Market Analysis: 6-12-18

 BitMine buys $199M in Ether as smart money traders bet on ETH decline

BitMine buys $199M in Ether as smart money traders bet on ETH decline

BitMine Immersion Technologies, the world’s largest corporate Ether holder, continues buying the dip, despite the industry’s most successful traders betting on Ethereum's price fall.BitMine acquired $199 million worth of Ether during the past two days, through a $68 million ETHĀ acquisition on Satur…

XRP Burn Metric Headed to Zero, Is Rally Over?

XRP Burn Metric Headed to Zero, Is Rally Over?

Amid the declining crypto market trend, the XRP network activity has also taken a sharp turn from the decently high levels it has seen in recent days to a very low level.As of Saturday, Dec. 6, data from XRPSCAN shows that the total number of XRP burned as fees has dropped from 462 XRP on Dec. 5 to …

Ethereum Shows Strength: Indicators Suggest Bigger Moves Ahead

Ethereum Shows Strength: Indicators Suggest Bigger Moves Ahead

Ethereum is gaining momentum, and several technical signals suggest that a significant move could be on the way. With key support levels holding and bullish patterns forming, the market may be setting up for a notable upside.Golden Pocket Rejection: Confirming The High-Risk ScenarioIn a recent updat…

Jupiter exec acknowledges ā€˜zero contagion’ claim was ā€˜not 100% correct’ after backlash over vault design

Jupiter exec acknowledges ā€˜zero contagion’ claim was ā€˜not 100% correct’ after backlash over vault design

Jupiter Exchange's "Cat-Herder" (chief operating officer) Kash Dhanda addressed community concerns over the protocol's lending product on Saturday, acknowledging that deleted social media posts claiming Jupiter Lend vaults had "zero risk of contagion" were inaccurate.Some prior social media posts fr…

Ripple, XRP Won: SEC Lawsuit Filed This Date 5 Years Ago

Ripple, XRP Won: SEC Lawsuit Filed This Date 5 Years Ago

The XRP community is doing a victory dance this December as the Ripple lawsuit filed by the SEC about five years ago totally becomes a thing of history.On Dec. 22, 2020, the Securities and Exchange Commission (SEC) filed a high-profile enforcement action against Ripple, alleging that it broke securi…

ā€˜European SEC’ proposal sparks licensing concerns, institutional ambitions

ā€˜European SEC’ proposal sparks licensing concerns, institutional ambitions

The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.On Thursday, the Commission …

Crypto Market Panic Grows as Fear Index Hits Extreme Lows, Is Bitcoin Entering a Bear Market?

Crypto Market Panic Grows as Fear Index Hits Extreme Lows, Is Bitcoin Entering a Bear Market?

The crypto market is very scared right now. The Fear and Greed Index is at 21, and it was even lower at 10 before. Fewer people are searching for Bitcoin on Google, and many investors have become careful after the big crash on October 10.With interest dropping and ETF flows reversing, everyone is as…

This December Could Decide the Fate of Digital Asset Treasuries: Here’s CoinShares’ Survival Warning

This December Could Decide the Fate of Digital Asset Treasuries: Here’s CoinShares’ Survival Warning

After a turbulent few weeks in the crypto market, Digital Asset Treasury (DAT) companies have been thrust back into the spotlight, and not for the reasons they’d hoped.Bitcoin, Ethereum, and the broader market have suffered sharp declines amid macro fears, including a potential unwind of the yen car…

Bitcoin Bull Season Hinges On Key $82,150 Level – Here’s Why

Bitcoin Bull Season Hinges On Key $82,150 Level – Here’s Why

The Bitcoin market continues to experience high levels of investor uncertainty, as indicated by the unstable price action of the past week. In the last month alone, the leading cryptocurrency has lost about 14% of its value, strengthening fears of an impending bear market. Notably, renowned market e…

Terra Classic (LUNC) Price Rallies Over 150%: Will the Bullish Momentum Last Long?

Terra Classic (LUNC) Price Rallies Over 150%: Will the Bullish Momentum Last Long?

Terra Classic and Terra are back in the headlines after sharp price spikes over the past 24 hours, reigniting a debate the crypto market thought it had moved beyond. Both the prices have delivered impressive short-term gains, and social chatter around them has exploded.Ā But after everything that u…

Kraken Launches Local COP Deposits in Colombia, Boosting Crypto Access

Kraken Launches Local COP Deposits in Colombia, Boosting Crypto Access

Kraken has expanded its services in Colombia with the launch of local payment rails, enabling users to deposit Colombian pesos (COP) via domestic banking methods. This update removes the need for international wire transfers, a major pain point that previously slowed Colombian users from entering cr…

CoinShares Debunks Tether Collapse Fears After Hayes Warning

CoinShares Debunks Tether Collapse Fears After Hayes Warning

CoinShares head of research James Butterfill has insolvency concerns surrounding Tether following warnings from BitMEX founder Arthur Hayes, who claimed a 30% drop in the stablecoin issuer’s Bitcoin and gold holdings could wipe out its equity.Butterfill’s December 5 market update affirmed that Tethe…