Tag: NYSE American

The KelpDAO attacker has cross-chain converted 75,000 ETH to BTC.

The XRP Ledger network's daily transaction volume surged to 3 million, with Ripple transferring 75 million XRP to addresses including exchanges during the same period. Despite large transfers often being seen as a signal for selling, the price of XRP defied the trend and rose, shifting market focus towards its enhanced network utility and growing interest in spot ETFs.

Bitcoin breaks through a key resistance level and may test $84,000.

Shiba Inu's open interest surged over 20% in a single day, surpassing Bitcoin and XRP, indicating accelerated capital inflow into its futures market. Traders may be shifting towards this meme coin for leveraged bullish bets.

Blockchain Capital is raising $700 million for two new funds, doubling down on crypto investments against the trend.

Bollinger points out that the cryptocurrency market needs to shake off the pressure of capital being siphoned away by politically-linked projects, calling for a focus on market fundamentals rather than acting as a political ATM.

The Ethereum Coinbase Premium Index has turned positive and is above its 14-day moving average, indicating strong demand from U.S. institutional investors and serving as a key support for the recent price rebound.

Multiple institutions have vastly different predictions for Bitcoin's future price, ranging from over a hundred thousand to five hundred thousand dollars, highlighting significant remaining market divergence regarding its upside potential.

The US military runs Bitcoin nodes to research blockchain technology for cybersecurity.

MicroStrategy's Bitcoin holdings have surpassed BlackRock's, making it one of the largest corporate holders, highlighting intensifying competition among institutions. Although on-chain indicators suggest the bear market may not be over, the company's holdings have turned profitable and are nearing its circulating supply holding target.

The SUI chain DeFi protocol Volo lost $3.5 million due to a security vulnerability. The team has committed to fully compensating users and has frozen the vault to control the loss. This incident exposed issues with DeFi risk isolation design but did not affect other assets.

Solana's price has been rejected and pulled back three consecutive times at the key resistance zone of $88-$90. Whether it can effectively break through will determine its short-term trend. If it can close above $89 with significant volume, it may open up upward space; otherwise, it could face a deep correction.