Markets

Changpeng Zhao – the man behind Binance, the world’s largest and most popular digital currency exchange – has announced that he thinks 2025 will likely be the year in which bitcoin reaches a new high and goes through a bull run like nobody has ever seen. Binance CEO Changpeng Zhao on BTC’s Future This is very similar to an article that Live Bitcoin News recently published. In that article, it was suggested (as an opinion, of course) that 2024 would be the year in...

Optimism network-based decentralized credit market Exactly Protocol became the target of exploitation on August 18th. The breach resulted in a significant drop in the platform’s total value locked (TVL). Meanwhile, Exactly’s recently-announced native token – EXA – slumped by more than 27% over the past day. The protocol was halted temporarily. Another DeFi Project Hacked Blockchain security firm PechShield was the first to alert Exactly Protocol of the attack and warned users...

Despite a solid rally in the week prior, mid-July saw bitcoin experience something of a dip in its price. It fell to about $30K even after several weeks of trading above $31,000 per unit. Bitcoin Endured a Few Slips The crypto market experienced a few nasty hits, such as non-fungible tokens (NFTs) being dramatically sold off. Many major collections saw their prices slouch as more and more individuals begin to question whether these assets are worth anything at...

CoinspeakerXpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1 Xpeng shares fell because the company's loss increased in Q2 2023. However, deliveries and revenue are still looking good even for Q3. Xpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1

CoinspeakerJapan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022 As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell. Japan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022

CoinspeakerMastercard Joins Hands with Ripple on Its CBDC Partner Program As part of its CBDC Partner Program, Mastercard has joined hands with prominent CBDC leaders and payment giants to work along with the central banks to bring CBDCs to the market under a regulatory framework.  Mastercard Joins Hands with Ripple on Its CBDC Partner Program

Bitcoin cash price started a fresh decline below the $220 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $220 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $200 resistance zone. Bitcoin cash price is declining below the $200 zone against the US Dollar,...

Bitcoin’s price plummeted on Thursday to $25,300, touching lows the asset has not seen in the past two months. The event triggered nearly $1 billion in liquidations across the entire crypto market. Bitcoin slightly rebounded after the crash, trading for $26,386 at writing time. The last time Bitcoin traded this low was in mid-June, shortly after Binance and Coinbase were sued by the Securities and Exchange Commission (SEC), and shortly before BlackRock announced its bid for a...

Shiba Inu (SHIB), Pepe (PEPE), and Bone Shibaswap (BONE) are among the top five trending coins in the market today. Interestingly, none of them is making the headlines for a good reason. Data from CoinMarketCap indicates the three meme coins are currently all in the red. BONE is down 12.83% in the last 24 hours, and more than 20% over the last seven days. On its part, Shiba Inu is currently 8.16% below its price from the previous day and 10.5% over the week. At 2.15%, PEPE...

Blockchain analytics platform Santiment revealed that the increased short positions in the crypto market provide an opportunity for bullish investors to position themselves for an uptick in prices. In a recent tweet, Santiment said traders have doubled down on their short positions due to the market’s current downturn. Traders Bet Against Crypto Markets With many traders betting against the market, the likelihood of liquidation increases and, possibly, the prices of assets...