Bitcoin plunged 12% after Trump’s new China tariffs. Crypto market saw $19B in liquidations amid panic selling. Analysts predict possible strong rebound this week. Bitcoin took a sharp plunge on Friday, falling more than 12% after President Trump announced a 100% tariff on Chinese imports, sparking fears of a new trade war. The news sent shockwaves through the crypto market, wiping out over $19 billion in liquidations and causing panic selling among millions of traders. Bitcoin briefly dropped below $105,000 […]
The collaboration aims to merge NFTs with institutional funds. Sharp’s Solana-based treasury network will enhance cross-chain interactions and capital efficiency. PENGU has gained more than 2% after the announcement. NFT brand Pudgy Penguins has entered a strategic alliance with publicly listed Sharps Technology to explore how to integrate non-fungible tokens into on-chain treasury strategies. The development is crucial as it marks a significant move in Pudgy Penguin’s growth beyond Web3. 🚨NEW: @pudgypenguins has partnered with Nasdaq-listed Sharps Technology to integrate […]
Deutsche Bank says gold now makes up 24% of central bank reserves, the highest share since the 1990s. Analyst Marion Laboure sees parallels between gold and Bitcoin as safe-haven, low-correlation assets. Deutsche Bank predicts both Bitcoin and gold could join central bank reserves by 2030. Global central banks are expanding their gold holdings at a pace not seen in decades, a trend that could have major implications for Bitcoin, according to a new report from Deutsche Bank. The bank’s strategists […]
Solana price maintains near the $220 level amid market volatility, buoyed by ETF hopes. Daily network transactions drop 50% from July’s 125 million peak. The total value locked hovers above $32 billion despite reduced on-chain activity. Solana’s price hovers around $220 even as on-chain data reveals a significant contraction in network activity. While a 50% dip in transactions is a factor to pay attention to, anticipation surrounding potential spot exchange-traded funds approvals and growing corporate interest provide bullish fuel for […]
Canary files updated XRP and Solana ETF registrations, cutting fees to 0.50%. SEC’s crypto-friendly shift speeds up ETF approvals under new listing standards. Pending crypto ETFs may see faster approvals once the US government reopens. Canary Capital is moving closer to securing approval from the US Securities and Exchange Commission (SEC) for its proposed exchange-traded funds (ETFs) tracking XRP and Solana (SOL). The firm recently updated two of its registration statements, signaling that it may be nearing the final stages […]
Dash price exploded 44% to near the $50 mark, its highest level since December 2024. Tornado Cash also spiked as tokens like Verge, Decred mirrored the Zcash price. Privacy coins are signalling a bullish comeback as the crypto market embraces older coins. Privacy-focused cryptocurrencies staged a strong comeback this week, with Dash (DASH) soaring more than 44% and notable gains also seen in Verge (XVG) and Tornado Cash (TORN). The rally follows a sharp rise in Zcash (ZEC) over recent […]
Litecoin price jumped more than 10% to breach resistance at $130 The altcoin is trending among top gainers today as traders ride spot exchange-traded funds sentiment. If LTC goes parabolic amid ETF approval, analysts target gains to $400 and higher in coming months. Litecoin (LTC) has posted a decent intraday gain of over 10%, climbing from lows of $115 to hits of $132. The uptick in the altcoin’s price signals fresh investor enthusiasm amid broader cryptocurrency market bullish sentiment. However, […]
Key takeaways XRP is down 1% in the last 24 hours and risks dropping below the $2.70 support level. The bearish performance comes as Bitcoin and other leading altcoins underperform. XRP continues to struggle below $3 XRP, the native coin of the Ripple ecosystem, is the worst performer among the top 10 cryptocurrencies by market cap this week. The coin lost 7% of its value in the last seven days and gave up its spot in the market list to […]
Bitcoin has dropped below the key 120,000 dollar level amid a fresh sell-off. The market is showing signs of low volume and a lack of upward momentum. Key on-chain data shows a lack of bid support below the 120,000 dollar mark. The triumphant return of the bulls has proven to be a fleeting and fragile affair. Just as the market was beginning to celebrate a new era of price discovery, a wave of determined selling has sent Bitcoin tumbling back […]
Timothy Peterson’s market simulation shows a 50% chance Bitcoin hits $140K in October. Bitcoin recently hit $126K, needing a 14.7% rise to reach $140K. Other analysts, however, note likely short-term pullbacks before potential sustained gains. Economist Timothy Peterson has projected that Bitcoin could reach $140,000 before the end of October, citing data-driven simulations that indicate a 50% probability of the world’s largest cryptocurrency closing the month above that mark. The analysis, grounded in more than a decade of Bitcoin’s historical […]