The metric couldn’t reach such high levels even during the January and May runs. Bitcoin’s price went on a tear in the past few days, surging to its highest level since mid-May of just under $80,000 after being stuck below $65,000 for weeks and weeks. Naturally, this has changed the overall market sentiment, with…
The NFT market recorded $95.48 million in sales over the past seven days, rising 170% as a single $55.03 million transaction involving the hybrid NFT project Pandora accounted for most of the increase. Summary NFT sales rose 170% to $95.48 million, while transactions increased 7.5% to 962,992. Buyer addresses climbed 49% to 172,739, as seller…
In this week’s edition of the weekly recap, Bitcoin climbed above $72,000 as more than $3 billion in leveraged positions were liquidated, President Donald Trump urged Congress to pass a “fair” CLARITY Act, and the SEC proposed new crypto offering exemptions covering raises of up to $75 million. Summary Bitcoin crossed $72,000 as more than…
Richard Wyckoff published his market framework before the Great Depression, yet his distribution schematic remains one of the most referenced tools in crypto trading circles. This article breaks down how the method works, where it has appeared in Bitcoin price history, and what it actually tells traders about supply and demand. Summary Richard Wyckoff developed…
Here’s who was the most bullish AI to answer our question and why. The cryptocurrency markets have the tendency to change the overall sentiment and narrative in very short periods of time. Although some might have forgotten about this quality due to the prolonged sluggishness over the past several months, what transpired in just…
Bitget CEO Gracy Chen has put the chance of the U.S. government buying Bitcoin for its strategic reserve before President Donald Trump leaves office at close to zero. Summary The U.S. reserve holds an estimated 198,000 BTC obtained mainly through forfeiture proceedings. Trump’s order permits additional acquisitions only through strategies that impose no extra taxpayer…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP rebounds to $1.40 as ETF inflows boost optimism, while MoneySimpler AI trading offers automated market analysis and trading. Summary XRP rebounds near $1.40 as trading activity and ETF inflows rise, fueling hopes that…
CFTC officials are already preparing an alternative regulatory framework if lawmakers remain deadlocked and fail to pass the CLARITY Act. Coinbase CEO Brian Armstrong expects US crypto regulation to move forward by mid-September, either through a Senate vote or new SEC and CFTC rules. His comments came after a White House meeting with President…
Digital Asset and the American Idea Foundation have selected Canton Network for a three-state US benefits pilot scheduled to begin in the first quarter of 2027, subject to federal approval. Summary Three US states are expected to begin testing the RISE program in early 2027. RISE would combine separate benefits into monthly or twice-monthly payments….
Ethereum and Cardano are among the assets the analyst believes could benefit if the 2020 comparison holds. Altcoins could deliver returns ranging from 10x to 1000x after the latest market pullback, according to analyst Matthew Hyland. He compared the June sell-off with March 2020 and argued that many alts could recover within months rather…
