Bitcoin and altcoins plunged Thursday and into Friday, continuing a trend that has been unfolding over the past few days. Most altcoins were in the red, with the market capitalization of all cryptocurrencies excluding Bitcoin (BTC), Ethereum (ETH), and stablecoins dropping to $580 billion, the lowest level since June 5. Nansen data shows that some…
The broader crypto market faced a sharp jolt earlier today as geopolitical tensions between Israel and Iran triggered a wave of sell-offs. Among the tokens hit was Hyperliquid’s HYPE, which saw a steep intraday decline. However, the token is now showing signs of recovery. Trading at $39.63 at press time, HYPE (HYPE) is gradually rebounding…
Bitcoin’s sharp sell-off this week has sparked concerns across the market, with many pointing to escalating tensions between Israel and Iran as the primary catalyst. While macro headlines triggered panic selling, the charts had already laid out the roadmap. A bearish shark harmonic pattern, coupled with a breakdown from key volume levels, suggested that a…
Crypto prices crashed Thursday evening as investors embraced a risk-off sentiment following Israel’s attack on Iran’s nuclear sites, which could trigger a wider conflict in the region. Bitcoin (BTC) plunged below $105,000, while the market capitalization of all cryptocurrencies tracked by CoinMarketCap fell to $3.26 trillion. The 24-hour liquidations jumped by 252% to over $1.15…
Sonic’s price is likely to continue sliding in the coming weeks, as bearish technical indicators persist and momentum across its ecosystem slows down. Sonic (S) price fell 15% to an intraday low of $0.314 on June 13, down by over 68% from its highest point this year. This crash has brought its market capitalization close…
Is $170,000 still a valid projection when Bitcoin derivatives show concentrated open interest at $140,000, or is the market setting itself up for another correction? Softer CPI data fuels BTC recovery attempt Bitcoin (BTC) climbed to $110,400 on Jun. 11 after fresh U.S. inflation data showed prices rising at a slower pace than expected. The report…
The years-long legal drama involving basketball star Shaquille O’Neal and his ties to the now-bankrupt crypto exchange FTX is finally coming to an end. According to a recent CNBC report, Shaquille O’Neal has agreed to pay $1.8 million to settle the class action lawsuit that accused him of misleading investors by promoting FTX. The lawsuit,…
Marking a major reversal of Biden-era policy, the U.S. Securities and Exchange Commission has withdrawn key measures targeting crypto custody and decentralized exchanges. On Thursday, the commission confirmed it was formally rescinding 14 proposed rules introduced between March 2022 and November 2023, including several that sought to expand regulatory oversight of digital assets. In a…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Last December, decentralized exchanges reached a remarkable milestone, surpassing $462 billion in monthly trading volume. Although the volume has fluctuated during different market cycles over the past quarter, trading activity on DEXs…
Ripple and the U.S. Securities and Exchange Commission have jointly proposed a settlement that would split a $125 million civil penalty, potentially ending one of the longest-running legal battles in the crypto industry. According to a June 12 court filing shared on X by Crypto in America host Eleanor Terrett, the two parties are asking…
