Bitcoin
Bitcoin Poised for Rally as Reserves Dwindle, Stablecoins Rise
OnchainTerek highlighted that stablecoin reserves are increasing. The analyst also confirmed that Bitcoin reserves are on the decline. With the market supply tightening, Bitcoin will…
Bitcoin Funding Rates Plunge: Is a Market Correction Coming?
The CEX and DEX funding rates have turned negative and continue to fall. The funding rate of BTC on Binance was -0.0094% while on dYdX…
Central & Southern Asia and Oceania Lead Global Crypto Adoption
CSAO leads global crypto adoption with high activity in local exchanges and DeFi. Lower-income regions see increased stablecoin use, driving practical crypto adoption. U.S. Bitcoin…
Bitcoin Decouples from Gold as Investors Turn Risk-Averse
Bitcoin's decoupling from gold highlights investors' shift to risk-off assets in 2024. Social dominance spikes often signal major Bitcoin price shifts amid market volatility. Excessive…
Nubank Suspends Nucoin Trading, Offers Conversion to Bitcoin or USDC
Nubank will permanently halt the trading services of its native cryptocurrency, Nucoin. The bank cites potential market volatility to halt the purchase and sale of…
Goldman Sachs Exec: Bitcoin is a Distraction, XRP is the Key
XRP may play a crucial role in the new global financial system, surpassing Bitcoin. Coordinated rate cuts by global central banks could strengthen the US…
Fantom Surges 43%, Outshining Bitcoin’s 10% Gain
The cryptocurrency market staged a comeback this week. Fantom’s (FTM) 43.73% rally caught investors’ attention. BTC investors are cautious despite the flagship crypto’s rebound. The…
Bitcoin on the Cusp of a Breakout: Analyst Predicts CPI Impact
The US Bureau of Labor Statistics will release its CPI data later today. Michael van de Poppe expects Bitcoin momentum after the CPI release. BTC…
Standard Chartered Launches Crypto Custody in UAE, Eyes Institutional Market
Standard Chartered launches digital asset custodial services in the UAE. The bank secured the license from the Dubai Financial Services Authority. Via Brevan Howard Digital,…
Bitcoin Bounces Back 5%, Signaling Potential Market Reversal
Bitcoin rebounds 5% as the Greed and Fear Index hits historical low, signaling potential bottom. Recent bounce off lower downtrend channel boundary suggests key technical…
