Cryptocurrency
Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sept. 1. Typically, a volatility squeeze is followed by an expansion in volatility, but it is difficult to predict the direction of the breakout with certainty. CoinGlass data shows that Bitcoin has fallen for six consecutive years in September. This historic data could keep the…
Read More “BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC” »
XRP’s price is down today, akin to declines witnessed elsewhere in the cryptocurrency market. XRP underperforms crypto market XRP’s (XRP) price dropped nearly 1.5% to $0.50 on Sept. 5, underperforming the broader crypto market, which fell about 1% in the same period. The drop coincided with a rise in the U.S. Dollar Index. The dollar’s correlation with…
Solana (SOL) investment products clocked $26 million worth of inflows since the start of 2023, outpacing all other altcoins, including Ether (ETH), suggesting it’s the “most loved altcoin amongst investors” according to CoinShares. In a Sept. 4 Digital Asset Fund Flows weekly report, CoinShares’ head of research, James Butterfill, noted that trading volumes for crypto investment…
Read More “Solana YTD inflows suggest it’s the ‘most loved altcoin’ — CoinShares” »
Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate. Stake confirmed that all services resumed at 9:28 pm UTC time on Sept. 4 — a few hours after the platform confirmed that…
Read More “Crypto casino Stake reopens withdrawals just 5 hours after $41M hack” »
