Polygon is facing mounting pressure as MATIC trades around $0.38 in a broader crypto market slowdown. The token continues to… For the full story, head over to TheCurrencyAnalytics.com.
While many crypto market participants are debating what it might take to trigger a significant Bitcoin daily candle, ProCap chief investment officer Jeff Park has narrowed it down to one key catalyst. “A black swan event for Bitcoin upside would be sovereign adoption,” Park said during a podcast interview published to YouTube on Thursday. “If…
ICP$4.3014 extended its slide over the past 24 hours, trading near $4.369 after a sharp break below long-standing support at $4.33. The decline followed one of the steepest intraday drops in recent sessions, with price moving from $4.97 to $4.30 in a fast, technically-driven cascade, according to CoinDesk Research’s technical analysis data model. Activity surged…
The UK fraud office arrests two people connected to a $28 million failure of Basis Markets, the initial big investigation of crypto by the agency. The Serious Fraud Office (SFO) indicated that the arrests represent a growing area of attention to high-value crypto fraud. The two men aged between 40 and 30 years had been…
The Bitcoin market is undergoing a downward correction triggered by technical structural breaks (no new highs, falling below old lows). The movement is being amplified by the liquidation of leveraged positions, while market sentiment is characterized by uncertainty and fear. A sustained trend reversal first requires a bottoming phase (prolonged sideways movement) in the identified…
Dogecoin continues to trade quietly after several weeks of muted activity, with price drifting toward $0.155 as the market waits… For the full story, head over to TheCurrencyAnalytics.com.
Investor and “Rich Dad, Poor Dad” author Robert Kiyosaki disclosed on Friday that he sold his $2.25 million in Bitcoin (BTC) and is reinvesting the money into businesses he owns to generate additional cash flow. Kiyosaki said that he acquired the BTC “years ago” when it was trading at around $6,000 and sold it at…
Grayscale’s two new crypto exchange-traded funds (ETFs) will go live on NYSE Arca on Monday, offering U.S. investors simplified access to DOGE$0.1394 and XRP for the first time through regulated public markets. The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) are each structured as spot ETPs that hold their respective underlying…
The company declined FG Nexus shares by more than 7% when the company sold 10,922 Ethereum to support its current stock repurchase program. With a sale of about 31.3 million, it created a value of about $10 million that, along with a loan of $10 million, was utilized in the repurchase of about 3.4 million…
Ondo has taken advantage of Liechtenstein’s passporting rules under the MiCA regime to expand its coverage to 500 million retail investors across 30 EEA countries. Ondo continues its advance in bridging traditional and onchain finance. The company announced this week that it’s expanding its tokenized solutions in the European market. Ondo’s Liechtenstein Approval for Tokenized…
