Over on Bybit, the world’s second-largest cryptocurrency exchange by trading volume, we’re experiencing a monster breakout. During the past week, perpetual futures open interest exploded by an astounding 20%. This increase is especially significant in the diverse world of tokens, with Ethereum (ETH) at the forefront. The momentum in the...
As you may have heard, the cryptocurrency market skyrocketed by 52% last week. Almost $9 billion flooding in is a clear sign that investors are getting their confidence back. During this same period, there were no 30-day capital outflows, with total inflows at a positive net of $10.7 billion by...
As long as the entire cryptocurrency market capitalization keeps increasing, SHIB’s price might make big gains. At the time of writing, total crypto market cap stood at $2.97 trillion, up by 0.87% in the last 24 hours. Should the global crypto market cap continue to rise to $30 trillion, Shiba...
Second, XRP is riding a major wave in transaction activity and renewed speculation regarding the future value of its token. In July 2023 XRP took a partial legal victory that sent bulls to the top analysts in a frenzy. Now, with improvements in its underlying tech, they’re betting on XRP...
Ethereum, the “default smart-contract” platform, is having one of its most important years. It needs to address increasing competitiveness, scaling issues and complexities of restaking. Ethereum still holds overwhelming dominance over the DeFi space and has a strong developer community. Indeed, as it stands today, it is still well behind...
Bitcoin had a huge run-up this week, up 12% on the week as bullish sentiment returned to the crypto space. This increase took place despite the ongoing inflation of Bitcoin mining costs and the sustained accumulation by large stakeholders, or “whales.” The overall bullish trend of Ethereum, XRP, and Dogecoin...
After taking a particularly hard momentary hitting, Bitcoin has shown some heavy recovery with an almost 11% recovery in the last week. On April 4, the US stock market lost its value in a single day down $3.5 trillion. This revenue drop led to a crash in value, driving prices...
XRP’s future price is one of the most controversial topics in the cryptocurrency world. It’s hard to understate how much uncertainty there is around AI even a few years down the line. Forecasts for 2030, 2035, and 2040 vary significantly, illustrating just how much uncertainty remains about this potential digital...
Bitcoin’s price has stayed stable at around 85,000k. It continues to tread water while other markets are in a state of high uncertainty. The cryptocurrency market, including Bitcoin, is grappling with the economic effects of U.S. President Trump's tariffs and ongoing trade tensions. The world’s biggest crypto exchange, Binance, has...