Markets

Crypto market sell pressure was relentless on Tuesday, with Bitcoin’s price drifting as low as $61,000, triggering more than $1 billion in liquidations across the crypto market. Data from Coinglass shows that $1.17 billion in liquidations have occurred over the past 24 hours, including $876 million of long trades and $292 million of shorts. This follows Bitcoin’s brief and narrow reclaim of its all-time high on Tuesday morning, rising to $69,200 before the market dumped. Over...

Bitcoin (BTC)’s meteoric rise over the past few months has many long-term holders starting to cash out their positions, on-chain data suggests. In a research newsletter published on Tuesday, Glassnode noted that long-term investors have already distributed 480,000 BTC since December 2023, from which time BTC has appreciated 45%. Bitcoin’s Distribution Phase According to lead Glassnode analyst James Check, roughly half of the old coins to started changing in the last three...

Every holder of OP, the native token of the Ethereum-based layer-2 scaling solution Optimism, is currently in profit following the asset’s surge past its all-time high. According to data shared by crypto market intelligence platform IntoTheBlock, over one million addresses holding OP, including wallets that acquired the token at $4.01, are currently in the money. The feat comes as OP surges past $4.50, crushing a high of $3.54 recorded in February. 100% of OP Holders in...

CoinspeakerBitcoin Price Surpasses Its 2021 All-time High, Reaching Peak of $69,170 Bitcoin hits a new all-time high of $69,170 driven by US regulators' approval of ETFs and rising investor confidence. Analysts weigh in on Bitcoin's future amidst market euphoria. Bitcoin Price Surpasses Its 2021 All-time High, Reaching Peak of $69,170

CoinspeakerBinance to Cease All Nigerian Naira Transactions This Week Despite regulatory challenges, Nigeria has emerged as one of the fastest-growing crypto economies globally. Binance to Cease All Nigerian Naira Transactions This Week

CoinspeakerBaanx Secures $20 Million to Drive Innovation in Crypto Payments Baanx plans to expand its footprint outside the UK market to the United States and Latin America later this year at an undisclosed date. Baanx Secures $20 Million to Drive Innovation in Crypto Payments

CoinspeakerShiba Inu Declines Briefly on Coinbase Following Price Surge of 50% Despite the morning sell-off, Shiba Inu quickly bounced back, showcasing its resilience and defying the odds. Shiba Inu Declines Briefly on Coinbase Following Price Surge of 50%

Meet the new rival to PEPE, priced at just $0.0004. In the ever-evolving world of cryptocurrency, a new player has emerged, ready to disrupt the market and make its mark alongside established tokens. Meet BEFE, the groundbreaking digital asset that is positioned to be the next big rival to PEPE, with a current price tag of just $0.0004. Introducing to you the new meme coin that is beyond the hype of PEPE is BEFE.  It is not just another cryptocurrency; BEFE’s a...

Several years ago, Dogecoin started the meme culture in the crypto industry and paved the way for thousands of meme coins to enter the market and capture the investor’s imagination. The industry has seen immense success stories over the years, with the likes of Shiba Inu, BONK, PEPE, etc. One of the latest entries in this growing market is the BEFE token, which has surged over 500% since its launch only four months ago. This article explores whether the price...

Deutsche Börse Group, one of the world’s leading exchange organisations, has launched the Deutsche Börse Digital Exchange (DBDX), a crypto spot platform for institutional clients. DBDX offers a fully regulated and secure ecosystem for trading, settlement, and custody of crypto assets that leverages the existing connectivity to market participants. The offering fills a gap in the market and positions Deutsche Börse at the centre of the growing institutional market for digital assets, while...