Cryptocurrency - news

While Bitcoin’s volatility may seem intense, this correction is healthy and normal.

Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off.

According to data from DefiLlama, restaking protocol EigenLayer currently has approximately $15.4 billion in total value locked.

The cryptocurrency market is facing a tough week, with Dogecoin taking the brunt of the losses. Dropping 11% in just 24 hours, the meme-coin's sharp decline is part of a broader sell-off that has seen Bitcoin, Ethereum, and other major coins struggle. The sell-off could be attributed to profit-taking after a recent bullish phase and market reaction to a hawkish Federal Reserve stance. The drop in Dogecoin's price is significant, extending its weekly losses to over 20%.Market Sentiment Takes a Hit The coin's sharp fall contrasts with its earlier rally, where it surged more than 200% between November 4 and December 9. Could Dogecoin maintain its momentum, or is the current slump a sign of things to come?Dogecoin is only one of the struggling cryptocurrencies. The top cryptocurrency, Bitcoin, once hitting a historic high above $108,000, dropped to $92k on Friday. Other major assets, including Ethereum and Solana, also experienced substantial declines. Ethereum declined 1% and 12% in the [...]

Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.

Bitcoin’s supply dynamics are shifting dramatically, with demand surging and available sell-side inventory shrinking to its lowest levels in over four years, according to research from Cryptoquant and its analysts. Bitcoin Market Faces Supply Shock as Sell-Side Liquidity Hits Four-Year Low This evolving landscape suggests a tightening market that could have long-term implications for crypto […]

A memecoin bearing Haliey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.

The company announced the acquisition of $1 million in Bitcoin and other cryptocurrencies on Dec. 20, triggering a 10% drop in its stock.

Bitcoin is under intense bearish pressure as it struggles to reclaim the $99,575 mark, a key resistance level that has proven to be a significant hurdle. After an impressive rally earlier in the month, BTC’s momentum has slowed, with sellers taking control and keeping the cryptocurrency in a tight range below this critical threshold. The current price action highlights growing uncertainty in the market, as bulls attempt to regain strength while bears capitalize on every opportunity to push prices lower. With $99,575 marked as a pivotal point, the next moves could set the stage for Bitcoin’s short-term trend. Will the bulls manage a breakthrough, or will bearish dominance prevail? The coming days hold the answer. Bitcoin Struggles Below The Critical $99,575 Resistance Level Bitcoin is currently facing significant resistance at the $99,575 level as its price fights to break above this critical threshold. Despite attempts to rally, bearish pressure has kept BTC confined below this key [...]

Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins. Gate.io to Delist Privacy Coin Perpetuals Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By […]

BTC price weakness finds support at familiar levels with Bitcoin traders seeing historical patterns playing out.

Bitcoin’s price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains. Over the past 48 hours, BTC has dipped by over 13%, dropping from an […]