Analysts say that an altcoin season is unlikely anytime soon, citing factors such as a lack of dovish Fed policy, macroeconomic uncertainty, and insufficient liquidity drivers. According to Matrixport analysts, Ethereum’s (ETH) dominance has plunged nearly 50% since the launch of the U.S. Ethereum spot ETF, which failed to reignite sustained interest in the altcoin…
Bitcoin is consolidating at a key resistance within a descending channel. With volume declining and price nearing a pivotal area, traders are watching closely for either a strong rejection or a volume-backed breakout. This move could define the short-term trend going into next week. Bitcoin (BTC) has spent most of the week consolidating at a…
Market turbulence has left many in loss, but long-term Bitcoin holders remain largely unaffected, analysts at Glassnode say. Bitcoin’s (BTC) long-term holders are still in a strong position despite ongoing market uncertainty, according to a new report from on-chain analytics firm Glassnode. Although many new investors are currently facing the “largest unrealized losses on record,”…
Spar, an international grocery chain, has begun accepting Bitcoin in a Swiss store, potentially paving the way for wider crypto adoption across its global retail network. In its April 17 LinkedIn post, DFX Swiss, a company which offers crypto-to-cash solutions, announced that the Spar location in the Swedish city of Zug has officially gone live…
Singapore’s current tone of caution on crypto could limit its future competitiveness, Coinbase warned, urging a more ambitious national strategy. U.S.-based crypto exchange Coinbase has urged Singapore to take a bolder approach to digital assets, warning that the country could fall behind if it continues to view crypto mainly as a risk. In a recent…
Curve DAO is experiencing a decent uptrend after continuous months of red. Investors are keen to see when this token can reclaim the $1 level again. Let’s find out in this Curve DAO price prediction. Since its launch, Curve DAO (CRV) has seen an all-time high of $15.37 followed by a 96.2% drop in price….
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Over the past decade, the tokenized credit market has soared to new heights. The industry, which converts traditional credit products, such as loans, bonds, or other debt instruments, into digital tokens that…
Locals in Yemen have turned to decentralized finance as a way to navigate sanctions imposed by the United States that have cut off access to traditional banking services. According to blockchain intelligence firm TRM Labs, some Yemenis are increasingly using DeFi protocols to send and receive funds, manage remittances, and bypass disruptions to local financial…
EPT, the native token of Balance, an AI-powered Web3 gaming and social platform, is set to debut on Binance’s Alpha and Futures platforms next week. Binance’s announcement comes ahead of the project’s long-awaited Token Generation Event, which is expected to take place shortly before the listings go live. While the exact timing hasn’t been confirmed,…
XRP rallied 2% in the past week, and nearly 1% on the day, bucking the typical trend of correction in the crypto market. The second-largest altcoin by market capitalization ranks among the top 10 gainers, according to Grayscale data. XRP (XRP) is the third-largest cryptocurrency by market capitalization and is the only altcoin with positive…
