Crypto

The current market condition has left many new Bitcoin investors facing financial stress. Various metrics suggest a bearish environment, highlighting factors that may increase market volatility, selling pressure, and further price declines. According to a Bitfinex Alpha report, metrics such as the Short-Term Holder MVRV and the standard deviation (SD) of short-term holder Cost-Basis indicate
0 Comments
The liquidators of Three Arrows Capital (3AC) have recently taken legal action against TerraForm Labs, a bankrupt digital assets company co-founded by Do Kwon, in pursuit of a $1.3 billion lawsuit. The lawsuit stems from the allegations that TerraForm Labs manipulated the market for Luna and TerraUSD, resulting in artificially inflated prices for these tokens.
0 Comments
The US spot Ethereum ETFs saw a significant inflow of $4.9 million on Monday. Notably, Grayscale Ethereum Trust (ETHE) did not experience any withdrawals, marking a notable shift since its conversion to an ETF after 14 days of outflows. This positive trend in inflows showcases a growing interest in Ethereum among US investors. Monday’s trading
0 Comments
Sui (SUI) has experienced a remarkable 70% increase in price over the past week, reaching around $1. This surge was primarily attributed to the launch of Grayscale’s Sui Trust, which focused on investing in the underlying asset. The introduction of the Grayscale Bittensor Trust also contributed to the excitement surrounding SUI. Industry experts and analysts
0 Comments
Binance, the world’s largest cryptocurrency exchange, recently announced the delisting of six altcoins from its platform. This decision has had a significant impact on the prices of these assets, leading to sharp declines in value. Delistings like these often result in reduced liquidity and market panic, causing prices to plummet. Binance periodically reviews each digital
0 Comments
As bitcoin experiences another retreat, analysts are closely monitoring various technical indicators and signals to determine the future trajectory of the cryptocurrency market. According to a recent report by CoinGlass, the liquidity heatmap is currently indicating key first-test lines at approximately $56,800. If BTC prices manage to bounce off this level, they could potentially test
0 Comments