Markets

The weekend isn’t treating Bitcoin’s price right as it has tumbled below $51K, erasing some of the gains achieved during the rally in the past few days. As seen in the chart below, the price took a turn for the worse in the past few hours. Source: TradingViewData from CoinGlass reveals that this has also sent ripples through the derivatives market, liquidating a total of $122 million in the past 24 hours. As it’s expected, the volume of these moves is significantly lower...

Dogecoin (DOGE) has seen an 8% price increase over the past three days, reaching its highest level since January 21. The OG meme cryptocurrency continues to see support from the retail community as traders look to capitalize on the market’s bullish momentum. However, another new meme coin, Sponge V2 (SPONGEV2), is also gaining traction and could be poised for a major breakout if its current trajectory can be sustained. Dogecoin Charges Towards $1 Milestone as Demand Keeps...

In spite of the fact that Coinbase has always been one of the most well-known trading platforms, business within the past few years hasn’t been much easier for them than lesser-known exchanges. Between crypto winter, an ongoing lawsuit, the need for personnel reductions, and the other expenses of running a business, Coinbase has suffered business contraction for about two years now. However, the exchange’s fortunes have changed. First Profitable Quarter in Two Years...

After numerous consecutive days of charting impressive gains, Bitcoin has calmed at just under $52,000. The altcoins have also stalled following the recent price surges, with ETH dipping below $2,800 and AVAX slipping below $40. BTC Calms Below $52K The primary cryptocurrency had a highly impressive run over the past ten days. It all started on February 7 when the asset finally broke out of its tight range in which it stood for a week – at around $43,000. The bulls took...

South Korea’s crypto landscape was dominated by Upbit for the longest time. However, there seems to be a shift underway as Bithumb gains momentum, gradually capturing Upbit’s market dominance. The latest development surfaces amid intensifying crypto trading activity in South Korea, particularly with the surge in Bitcoin trading. Bithumb’s Market Share Peaks at 72% Crypto trading activity in South Korea has seen a notable increase, particularly in light of the broader market...

Representatives from crypto giants Coinbase and Circle have urged the U.S. government to crack down on non-compliant international digital asset firms – some of which include their biggest competitors. Grant Rabenn, Legal Director of Financial Crimes at Coinbase, told Congress on Thursday that criminals are seeking out “offshore platforms” to avoid anti-money laundering rules enforced by “onshore regulated exchanges.” Coinbase VS Offshore Exchanges Such entities, Rabenn...

The interest in spot Bitcoin ETFs among financial institutions such as banks and brokerages is surging as they push for the Securities and Exchange Commission (SEC) to change the definition of crypto assets. Under the new definition, they would have a bigger role in crypto, such as being Bitcoin ETF custodians. Banks Petition SEC for Crypto Revisions On February 14, a coalition of trade groups, including the Bank Policy Institute, American Bankers Association, Financial...

The past seven days in the cryptocurrency market have been absolutely blasting. The total capitalization soared above $2 trillion for the first time in a long while, as the entirety of the market charts considerable gains. Bitcoin seems to be ahead of the pack for the most part, charting an increase of more than 10% in the last week. At the time of this writing, the price hovers right around $52K, but it went above it on numerous occasions in the past 24 hours. The massive...

CoinspeakerWorldcoin (WLD) Price Surges Over 20% amidst Bitcoin Uptick, Crypto Whale Nets $2.5M Profit The surge in WLD's price comes amid a broader uptick in the cryptocurrency market, with Bitcoin and Ethereum leading the way. Worldcoin (WLD) Price Surges Over 20% amidst Bitcoin Uptick, Crypto Whale Nets $2.5M Profit

CoinspeakerAI Crypto Nears $10 Billion Valuation as Bittensor Jumps 140% in 30 Days Bittensor, as well as other major AI crypto tokens, have pushed the market cap of AI-related digital assets close to $10 billion. AI Crypto Nears $10 Billion Valuation as Bittensor Jumps 140% in 30 Days