What Crashed the Crypto Market on November 4 and Should You Be Worried?

The total crypto market cap fell by more than $400 billion in just a few days. But what’s behind it? The broader economic perspective shows little sign of concern and it certainly couldn’t predict what happened in the cryptocurrency markets at the start of the current business week. Bitcoin traded at $111,000 on Sunday evening, […]

Hut 8 increases Bitcoin holdings by more than 50% year-on-year

Hut 8 grew its Bitcoin reserves by over 50% annually. This achievement makes it a top-tier listed BTC holder. Bitcoin miner and energy infrastructure company Hut 8 (ticker HUT) significantly increased its value Bitcoin to book. In particular, holdings have expanded by more than 50% in the past year. At the end of the third […]

Bitcoin’s Support Appears Vulnerable Amid Weak Demand, Says Bitfinex Alpha

The recent price action underlines a lack of conviction in the market, with traders choosing to wait for clearer signals before taking new positions. According to Bitfinex Alpha, the world’s largest cryptocurrency by market capitalization has failed to stay within its consolidation range between $106,000 and $116,000, while its purchasing power is declining. The price […]

Cardano Founder Reveals Who Is Responsible for ADA’s DeFi Decline | Bitcoinist.com

Trusted editors content reviewed by leading industry experts and seasoned editors. Advertising Disclosure Cardano has attracted attention again after the current price drop that pushed it below $0.57, with network activity and investor confidence weak. Reports have suggested so co-founder Charles Hoskinson blamed the Cardano community for the blockchain’s DeFi stagnation. However, Hoskinson has now […]

Coinbase fights back against bank lobby pressure to block trust charter – Blockonomi

TLDR Coinbase has applied for a National Trust Company Charter to bridge the gap between crypto and traditional finance. The Independent Community Bankers of America (ICBA) strongly opposes Coinbase’s trust charter application. ICBA raised concerns about untested crypto custody practices and the possibility of Coinbase struggling during market downturns. Coinbase’s legal officer criticized the ICBA […]

Solana just posted the second-biggest week in history, despite the choppy market

The Fed’s aggressive stance froze the market, leading institutions to dump Bitcoin last week, but Solana funds soared. Digital asset investment products recorded outflows of $360 million last week, despite the market recently digesting yet another US interest rate cut. The selling pressure was not caused by the rate cut itself, but by the way […]

Bitcoin’s liquidity is declining as the US government shutdown drives an on-chain flight to Stablecoins

Analysts say rising Bitcoin reserves, miners selling their holdings and abandoning stablecoins indicate a broad retreat from risk. Bitcoin liquidity is drying up as the ongoing US government shutdown enters its second month, freezing federal flows and sending crypto prices rattling. This fiscal stalemate is forcing a major shift in investor behavior, moving capital toward […]

Ripple focuses on big business and buys Palisade to stimulate global crypto use

Trusted editors content reviewed by leading industry experts and seasoned editors. Advertising Disclosure Has wrinkle bought Palisade, a London-based company that offers wallet-as-a-service and institutional custodial assets. According to company statements and industry reports, the deal adds capabilities for businesses and fintech customers who want out-of-the-box wallets and custody support. The price was not disclosed. […]