XRP was even surpassed by USDC as the fifth-largest crypto. Ripple’s native cross-border token has not been spared by the overall market-wide calamity that has only worsened today, with a fresh nosedive to a multi-month low. What’s particularly interesting about XRP’s crash toward $1.20 is that it comes on the token’s 14th birthday. XRPUSD…
Bitcoin has drawn a new valuation argument from Bitwise, as rising sovereign debt pressures keep bond markets under strain and strengthen the case for BTC as a macro hedge. Summary Bitwise said rising sovereign debt pressure could strengthen Bitcoin’s role as a hedge against macroeconomic risk. The OECD expects governments and companies to borrow about…
Mt. Gox has transferred approximately $739M in Bitcoin to a new wallet, a move confirmed by on-chain monitoring firms Arkham Intelligence and Whale Alert, who traced the transaction to cold storage addresses linked to the defunct exchange’s 2011–2014 holdings. The transfer signals the continuation of the long-awaited Bitcoin repayment process for creditors who have been…
“This old meme coin is about to do something insane,” one X user predicted. The largest meme coin by market capitalization has followed the broader crypto market’s decline, but that hasn’t stopped analysts from making bullish price predictions. Several technical indicators reinforce the optimistic outlook, suggesting bearish pressure may soon ease. Rebound Incoming? As…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Market volatility boosts interest in simplified AI compute platforms like SHRMiner as traders seek alternative exposure. Summary Bitcoin volatility is pushing some investors toward automated platforms that offer alternatives to active trading. SHRMiner aims…
MicroStrategy sold 32 bitcoin last week for roughly $2.5M, its first confirmed sale since late 2022, and the market noticed immediately, sending the company’s shares down 6% and bitcoin itself down 3% to approximately $71,486. The sale was disclosed in a regulatory filing and tied directly to funding distributions on the company’s preferred stock. It…
Numerous analysts believe that BTC has not yet reached its cycle bottom. The past few days have been rough for the primary cryptocurrency, whose price once again slipped below $69,000. One popular analyst believes the valuation could now be headed toward $65,000, while many others warn of even deeper declines ahead. The Worst Has…
A Polymarket trader has challenged the handling of a disputed market tied to Strategy’s Bitcoin sale, arguing that the written rules should count the sale date, not the disclosure date. Summary A trader says he bought 49,695.76 YES shares for about 35,000 USDC in the Strategy market. Strategy’s filing says it sold 32 BTC between…
Grayscale has filed its sixth amendment to its Hyperliquid ETF registration, disclosing a 0.29% management fee and the ticker HYPG, the clearest signal yet that a launch is days away. Bloomberg ETF analyst James Seyffart characterized the update as making the launch “likely imminent,” adding he was “expecting the launch this week.” Here is the…
The total crypto market cap is below $2.5 trillion once again. Bitcoin’s price troubles intensified in the past several hours as the asset dumped to its lowest levels in almost two months, under $70,000. Interestingly, there are some major altcoins posting gains or smaller losses than BTC, which has harmed its dominance over the…
