Vaibhavv Ali
As the cryptocurrency exchange Gemini made its public market debut, co-founder Tyler Winklevoss reiterated his long-term bullish view on Bitcoin (BTC). He stated that the cryptocurrency is still in the early stages of its growth and could potentially reach $1 million within the next decade. Winklevoss framed Bitcoin as “Gold 2.0,” arguing that if the … Read more
XRP has seen a 7% price jump over the past week, reaching above $3 amid a general crypto market rally. Despite this gain, the token faces a significant resistance level at $3.05 due to a lack of support from large investors (whales) and institutions. According to CoinShares, institutional inflows into XRP have dropped, and on-chain … Read more
Solana’s (SOL) price is gaining significant momentum as major corporations acquire large amounts of the cryptocurrency for their treasuries. The recent rally is highlighted by new data from CoinGecko, which shows that DeFi Development Corp is currently the largest single holder of SOL, with more than 2 million tokens valued at $480 million. However, the … Read more
Polygon has officially replaced its original token, MATIC, with the new token, POL, to support its evolution into an interconnected network of blockchains called Agglayer. The upgrade is a 1:1 swap, meaning users will not lose any value during the transition. Coinbase has outlined its migration plan for users, which will take place between October … Read more
On September 12, both spot Bitcoin ETFs and spot Ethereum ETFs experienced significant net inflows for the fifth and fourth consecutive days, respectively. According to data from SoSoValue, Bitcoin ETFs recorded a total inflow of $642 million, while Ethereum ETFs brought in $406 million. Bitcoin ETF inflows were led by Fidelity’s FBTC with $315.18 million … Read more
Despite being delisted by major exchange Binance, Hifi Finance (HIFI) has experienced a dramatic and unexpected price rally. The cryptocurrency posted a gain of 600% in just 24 hours, with a weekly increase of over 851%. This surge has caught many short sellers by surprise, leading to significant liquidations. The unexpected rebound is likely due … Read more
BlackRock is actively shifting its institutional capital from Ethereum [ETH] to Bitcoin [BTC]. The firm’s iShares Bitcoin Trust (IBIT) recorded significant net inflows of $366.2 million, while its iShares Ethereum Trust (ETHA) experienced net outflows of $17.39 million. This is not the first time BlackRock has made a similar move, and the scale of the … Read more
The crypto market surged on Friday, September 12, with BNB reaching a new all-time high of over $926. This milestone makes BNB the sixth-largest cryptocurrency by market capitalization, following a remarkable 70% increase over the past year. Major altcoins also saw significant gains. Dogecoin (DOGE) jumped over 8% in one day, reaching more than $0.27, … Read more
MYX Finance [MYX] recently saw a sharp decline, with its liquidity experiencing a 33% outflow in a single day. This was a result of investors, both long and short, closing their positions, which led to a total of $74 million in closed positions. Despite this decline, there are signs of a potential bullish rally. Data … Read more
On September 12th, as Bitcoin [BTC] and other cryptocurrencies rallied, Chainlink’s Total Value Secured (TVS) surpassed an all-time high of $100 billion. This milestone indicates the growing trust and adoption of Chainlink’s decentralized oracle network within both the DeFi and traditional finance sectors. The TVS, which was at around $38 billion at the start of … Read more