Bitcoin and the major altcoins witnessed solid buying at lower levels, but a sustained relief rally is unlikely as the bears are expected to sell at higher levels.
Bitcoin and the major altcoins witnessed solid buying at lower levels, but a sustained relief rally is unlikely as the bears are expected to sell at higher levels.
TL;DR ETH is up 8.5% in the last 24 hours and is now trading above $4,100. The coin could extend its recovery if the daily candle closes above $4,232. ETH tops $4,100 after Friday’s flash crash Ether, the second-largest cryptocurrency by market cap, is recovering excellently following Friday’s crash. The market crash saw ETH briefly touch the $3,500 region as it lost over 30% of its value within an hour. However, the coin has now added 8.5% to its value […]
Key takeaways Binance’s BNB is up 11% in the last 24 hours and has set a new all-time high of $1,370. The crypto exchange paid $283M in compensation to users affected by the depegging of three assets on its platform. BNB hits a new ATH as Binance comes under fire BNB, the native coin of the Binance ecosystem, has continued its excellent performance by hitting a new all-time high earlier today. The coin touched $1,370 early on Monday, setting a […]
The Hyperliquid Improvement Proposal 3 (HIP-3) upgrade enables permissionless perpetual market creation. Jeff Yan’s transparency push boosts trust in on-chain trading. Hyperliquid (HYPE) price has held above $40, eyeing resistance near $43.82. Hyperliquid (HYPE) has rallied sharply today, with HYPE jumping about 13% to $41.67 as markets reacted to a major protocol upgrade and a renewed debate over exchange transparency. The HYPE token price surge pared a weekly decline and sent market-cap metrics higher as traders digested both the technical […]
Aster is rebounding after a sharp market crash, regaining key price levels. DeFiLlama delisting, however, sparked trust concerns across the DeFi community. Upcoming token unlock and delayed airdrop also pose new volatility risks. After suffering one of its steepest crashes to date, the Aster (ASTER) cryptocurrency is once again showing signs of life. The decentralised exchange token has rebounded more than 13% in the past 24 hours, recovering from a deep selloff that wiped out over half of its market […]
Strategy acquires 220 BTC, boosting holdings to 640,250 BTC total. Bitcoin rebounds above $115,000 after record $19 billion crypto liquidations. Ethereum and Ripple recover as crypto market capitalisation surpasses $4 trillion. Bitcoin treasury company Strategy (formerly MicroStrategy) acquired an additional 220 BTC between October 6 and October 12 for approximately $27.2 million, paying an average price of $123,561 per coin, according to a company press release on Monday. The purchase increases Strategy’s total Bitcoin holdings to 640,250 BTC, worth around […]
Crypto fundraising hits record $3.5B across 28 deals, led by blockchain services. Bitcoin peaks at $126K before a sharp crash wipes $20B in crypto liquidations. Pantera, Coinbase Ventures lead amid rising investor confidence in crypto. Crypto fundraising surged to an all-time high last week, with startups in the digital asset space raising a record $3.5 billion across 28 funding rounds, according to data from Cryptorank released on Monday. The milestone marked the strongest week on record for crypto venture activity, […]
CME has added SOL and XRP to its crypto derivatives offerings. The regulated products allow traders to choose between micro and standard contracts. Contracts are “physically settled” into their corresponding futures. The Chicago Mercantile Exchange Group has expanded its derivatives trading with Solana and XRP options. The new products, approved and monitored by the US Commodity Futures Trading Commission, are open for trading today. The team has confirmed: CFT-regulated options on Solana and XRP are now live and trading today. […]
Cosmos Health boosts Ethereum investment to $1.8M under $300M digital asset plan. CEO Greg Siokas says firm remains committed to accelerating crypto acquisitions. Stock up 200% in six months as Cosmos expands in healthcare and digital finance. Cosmos Health Inc. (NASDAQ: COSM) has strengthened its position in digital assets with a fresh $300,000 purchase of Ethereum (ETH), bringing the healthcare group’s total investment in the cryptocurrency to $1.8 million. The move, announced Monday, forms part of the company’s broader $300 […]
A reported $600 million BNB fund signals a shift in Asia’s crypto strategy. Asian institutions are favoring ‘infrastructure tokens’ over store-of-value. The West tokenizes TradFi, while the East builds crypto-native liquidity. On the surface, it looks like a straightforward bet on a crypto behemoth. The reported plan by China Renaissance to raise 600 million dollars for a BNB-focused investment vehicle, with Binance founder Changpeng Zhao’s own YZi Labs investing alongside, seems like a simple vote of confidence in the world’s […]