TL;DR Ripple’s XRP has dropped 10% in two weeks, with declining transaction activity and a broader market downturn suggesting that its correction may continue. The ongoing Ripple v. SEC lawsuit could introduce more volatility for XRP, with recent legal developments sparking speculation of a potential appeal by the regulator. XRP to Bleed Even More? The past two weeks have been unpleasant for Ripple’s XRP, whose price tumbled by 10% and is currently trading at around $0.53...
Read More »Séminaire de cryptofinance : les contraintes de sécurité du réseau Lightning
Le prochain séminaire de cryptofinance organisé par Martino Grasselli, Ricardo Pérez-Marco et Cyril Grunspan aura lieu jeudi 19 septembre 2024 à 17H30 à l’Institut Henri Poincaré, salle Pierre Grisvard (ex salle 314). Orateur : Fabrice Drouin, fondateur et CTO d’ACINQ. Titre : Pourquoi les solutions de sécurité traditionnelles sont mal adaptées au réseau Lightning et à la plupart des applications Bitcoin. « À travers l’exemple...
Read More »Bitcoin UTXOs in Profit Fall to Lowest Level Yearly, Here’s What it Means
The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge in bitcoin’s (BTC) price and the downward trajectory of the broader crypto market. According to a report by CryptoQuant analyst EgyHash, this could be a sign of an incoming massive rally. Bitcoin UTXOs in Profit Decline A Bitcoin UTXO refers to the amount of cryptocurrency that...
Read More »$150M in Liquidations as Bitcoin (BTC) Price Falls $2.5K in Minutes
Bitcoin had finally seen a minor relief rally that drove it to $57,000 after the US jobs report when the bears reminded of their presence and pushed it south hard. The total liquidations have skyrocketed to about $150 million on a daily basis. The primary cryptocurrency has faced its fair share of adversity in the past week or so, as its price tumbled from $65,100 last Monday to $55,500 earlier today. This is when some positive news affected the market. As reported earlier...
Read More »Zest Protocol Launches BTCz, Offering Bitcoin Holders New Way to Earn Yield
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Read More »Bybit Web3 Launches Babylon Season to Boost Bitcoin Ecosystem Rewards and Liquidity
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Read More »Core Foundation Rolls Out LstBTC for Bitcoin Staking Solutions
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Read More »Arthur Hayes Predicts Bitcoin May Fall to $50K in Worst Case
Arthur Hayes has issued a stark warning for Bitcoin investors, suggesting that the cryptocurrency could fall to $50,000 in a worst-case scenario. In his latest article titled “Boom Times… Delayed,” Hayes expresses a cautious outlook on Bitcoin and the broader cryptocurrency market. He has projected continued declines until a possible intervention later this month. Hayes expects the macroeconomic factors and policies of the Federal Reserve to influence his forecast. While the Fed has recently...
Read More »Bitcoin to Face Critical September After 8.75% Drop in August
As September opens, Bitcoin confronts a pivotal moment with significant challenges looming. The cryptocurrency concluded August at $58,975, marking an 8.75% drop for the month—its sharpest decline in six months. This represents a reverse of the upward trend and a far cry from the high US stocks that reached almost record levels in August. These divergences are areas that have raised more questions on issues like valuation and investor sentiment, and these should pave the way for more...
Read More »Cantor Fitzgerald CEO: Bitcoin Dipping its Toe into Global Finance
In a post on X on Sept. 4, the American billionaire businessman said that Bitcoin has been an outsider to the TradFi community over the past five years, and it’s only now “dipping its toe into global finance.” He added that his firm, Cantor Fitzgerald, will help the traditional finance sector onboard Bitcoin as it wants new asset classes. “Cantor will help tradfi bring Bitcoin all the way in. Tradfi wants new asset classes, and BTC is here to stay.” TradFi Companies Want...
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