Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For years, crypto promised to democratize finance, to bank the unbanked, to make finance more inclusive. But if we’re honest, that promise has largely remained rhetorical. Blockchain technology revolutionized settlement and ownership,…
Bitcoin price remained under intense pressure this weekend, and may be at risk of a deeper dive, potentially to $75,000 ahead of the Bank of Japan interest rate decision. Summary Bitcoin price could be on the verge of a strong bearish breakout. Odds of BoJ rate hike have jumped to 98% this week. Technical analysis…
Pi Network price continued its recent downward trend today, Dec. 14, as demand for the coin remained elusive and as an alarming pattern formed. Summary Pi Network price has continued the downward trend this month. The token has formed a double-top pattern on the daily chart. Volume data shows that the token’s demand has plunged…
Ethereum spot ETFs recorded $19.41 million in net outflows on December 12 as ETH price stalled near the $3,000 level. Summary Ethereum ETFs posted $19.41M in net outflows on December 12 amid mixed fund activity. BlackRock ETHA saw inflows, but Grayscale and Fidelity outflows dragged totals lower. Analysts flag bullish ETH setup despite short-term weakness…
The recent crypto crash resumed today, Dec. 13, with Bitcoin and most altcoins being in the red and the market capitalization falling by over 2% in the last 24 hours. Summary The crypto market is crashing today as a risk-off sentiment prevails. Bitcoin has also formed numerous risky patterns on the daily chart. The futures…
LUNC price dives after Do Kwon sentence: here’s why it may dive by 45%
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Financial institutions and big banks have had a decade to experiment with crypto rails for cross-border and interbank settlement. They could’ve run pilots, built internal expertise, and designed compliant models ready for…
Polygon price continued its steady downtrend this week, even as the network’s activity surged after the Madhugiri hard fork. Summary Polygon price has slumped to the lowest point this year. The network activated the Madhugiri hard fork this week. The number of transactions in the network has soared. Polygon (POL) token slumped to a new…
Bitcoin price retreated below $90,000 today, Dec. 12, as a senior executive at Vanguard warned that it was a ‘digital Labubu’ and as an alarming pattern formed. Summary Bitcoin price dropped below the important support at $90,000. A senior Vanguard expert called it a digital Labubu. The coin has formed a bearish flag pattern on…
XRP price continued its recent downtrend even after the Office of the Comptroller of the Currency granted Ripple Labs a conditional approval for a banking charter, and ETF inflows continued. Summary XRP price is stuck in a technical bear market after falling by ~45% from the year-to-date high. OCC granted Ripple Labs a national banking…
