Retail traders spooked by the massive crypto liquidation event in October fled back to major cryptocurrencies as their hopes for an altcoin season were dashed, according to Wintermute.Since around 2022,…
Crypto was supposed to go out with a bang this year.Heading into the fourth quarter, bitcoin was riding a wave of strong ETF inflows, digital asset treasuries (DATs) pitching themselves…
Ethena’s synthetic dollar USDe has shed about $8.3 billion in net outflows since the major liquidation event on Oct. 10, as confidence in leveraged and synthetic collateral structures continues to…
The administrator of Terraform Labs’ bankruptcy, Todd Snyder, has filed a lawsuit seeking $4 billion in damages from trading company Jump Trading and multiple executives.According to a Friday Wall Street…
XRP’s (XRP) drop toward $2 was preceded by a significant drop in transaction fees, which analysts said may fuel a deeper price correction.Key takeaways:XRP transaction fees have dropped to 650…
Crypto veteran Arthur Hayes has issued a warning over Monad, saying the recently launched layer-1 blockchain could plunge as much as 99% and end up as another failed experiment driven…
Bitcoin BTC$84,003.00 has fallen sharply, dropping over 25% to $83,700 this month, and data suggests some traders are bracing for a further decline.According to blockchain analytics firm Glassnode, traders have…
Key takeaways:Long-term investors have been selling 45,000 ETH daily, increasing sell-side pressure.Ether’s 50-week EMA and bear flag breakdown target $2,500.Ether’s (ETH) drop toward $3,000 on Friday was preceded by a…
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$110,131.09 has held above $100,000 for four consecutive months, a price stability that can be interpreted…
Key takeawaysUnlike Bitcoin, many altcoins have low liquidity and limited oversight, making them prone to price manipulation and insider exploitation.Sudden spikes in trading volume, large whale transfers to exchanges, token…
