XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures […]
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Apr
Apr
Bitcoin (BTC) is eyeing new April highs as macro instability suddenly delivers a tailwind for BTC price performance. Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves. A new macro week dawns in the shadow of the US trade war, with Federal […]
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Apr
Apr
Crypto, stocks and bonds: Are they the same? When you dive into investing, you’ll find three frequently utilized investment options: Crypto is the risky thrill-seeker’s choice, stocks offer a middle ground with growth potential, and bonds are for those who prefer a steadier, more predictable path. While both stocks and crypto offer growth potential, regulation […]
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Apr
Apr
Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don’t take up a newly launched staking mechanism to help fix the protocol’s ongoing sUSD (SUSD) depeg. Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it […]
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Apr
Apr
OpenAI CEO Sam Altman says users sending “please” and “thank you” messages to ChatGPT is costing the company tens of millions of dollars. “Tens of millions of dollars well spent — you never know,” Altman said on April 16 after being asked to estimate the cost on X. Source: Sam Altman Altman’s response sparked discussion […]
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Apr
Apr
The Solana network briefly surpassed Ethereum in total staked value of their respective native tokens, SOL and ETH, sparking debate over whether it is actually bullish or bearish for Solana. More than $53.9 billion worth of SOL is now staked on the Solana network from 505,938 unique wallet holders, who are making an 8.31% annualized […]
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Apr
Apr
A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England. Dead Bruv, the creators of the narrative-driven NFT project Meatbags, plan to mint 100,000 NFTs, with Meatbags holders being airdropped 10,000. The the rest will be sold off starting April 21, starting […]
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Apr
Apr
Bitcoin prices appear to be breaking out of an extended period of consolidation as the asset climbs to its highest level since late March. Bitcoin (BTC) surged above $87,400 on April 21, its highest price since March 28, according to TradingView. It has climbed by more than $3,000 from an intraday low of just over […]
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Apr
Apr
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase by Strategy and said that more than 13,000 institutions now have direct exposure to the company. The company’s most recent acquisition of 3,459 BTC, valued at over $285 million at the time of purchase, on April 14, brought Strategy’s total holdings to 531,644 BTC, […]
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Apr
Apr
Bitcoin (BTC) has risen roughly 1% for the week, indicating a balance between supply and demand. Analysts expect a quiet easter weekend but are divided about the next directional move in Bitcoin. Network economist Timothy Peterson said that the US High Yield Index Effective Yield has gained over 8%. There have been 38 such instances […]