207 billion SHIB tokens exit exchanges in 24-Hour period, largest outflow in months. Summary 207 billion SHIB tokens exited exchanges in 24 hours, marking the largest withdrawal in months. Despite major outflows, SHIB’s price remained stable due to weak market momentum and technical resistance. Investors show neutral stance, holding tokens as Shiba Inu awaits new…
Bitcoin price slid to its lowest level in over six months on Monday, weighed down by a wave of liquidations and ongoing outflows from its spot ETFs. Summary Bitcoin price is down over 10% in the last 7 days. Over $240 million has been liquidated from BTC futures market. Bitcoin has confirmed a death cross…
Regulators in Japan are planning to classify cryptocurrencies as “financial products” under the Financial Instruments and Exchange Act and introduce a tax overhaul for the sector. Summary Japan’s FSA plans to classify 105 cryptocurrencies as financial products. The agency wants to tax approved tokens at a flat 20% capital gains rate. Per local media, Japan’s…
Ethereum price crashed to an important support level as its open interest slipped and exchange-traded funds outflows accelerated. Summary Ethereum price has crashed by 35% from its highest level this year. The supply of exchanges has been in a strong freefall in the past few months. Ether has formed a small double-bottom pattern on the…
The AVAX price has crashed to a crucial support level after falling by 72% from its highest point in November as traders wait for the upcoming Avalanche Granite upgrade. Summary Avalanche price has tumbled to a crucial support level this month. The network will activate the Granite upgrade this week. Technical analysis suggests that it…
The crypto market continued its crash last week, with the total valuation of all tokens plunging to $3.24 trillion from over $4.27 trillion a few weeks ago. Summary The crypto market crash has accelerated in the past few months. Bitcoin and most altcoins have all moved to a bear market this year. A recovery will…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. There’s a funny thing about progress: it doesn’t always look like progress. Every year, new blockchains launch with sleeker branding, faster confirmation times, and bold promises to “finally fix” what came before….
Saylor denies Bitcoin sale rumors, DOJ convicts North Korean scheme helpers, BitMine names new CEO | Weekly Recap
Strategy moved 43,415 Bitcoin worth $4.26 billion across more than 100 addresses since 00:00 UTC on November 14. Summary Strategy transferred 43,415 BTC in custodian migration, not selling any holdings. Michael Saylor confirms Strategy continues buying Bitcoin at current levels. Custodian migration follows ongoing rotations; Strategy remains overcollateralized. The massive transfers caused speculation before blockchain…
Solana and XRP ETFs extended their inflow streaks on November 14, while Bitcoin and Ethereum ETFs recorded their third and fourth consecutive days of outflows. Summary Solana and XRP ETFs saw strong inflows as Bitcoin and Ethereum recorded continued redemptions. Bitcoin and Ethereum ETFs posted multi-day outflows with nearly $670M pulled on November 14. Solana…
