Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Kraken Chief Security Officer stresses on importance of crypto self custody, traders express concern
Kraken Chief Security Officer Nick Percoco shared his thoughts on crypto self custody in a recent tweet. Percoco said never keep all of your assets on an exchange or web platform. Kraken Security lead’s tweet raised concerns among crypto … [Continue reading]
Solana and meme coins bleed after whistleblower alleges hidden FTX wallets hold 8% of SOL supply
Solana erased nearly 25% of its value in the past week, dropped to $140 low on August 4. A whistleblower alleged that bankrupt FTX exchange holds 8% of Solana supply in secret wallets, per news that surfaced on X. Solana-based meme coins … [Continue reading]
Bitcoin bleeds close to $60,000, further decline could liquidate over $1 billion
Bitcoin extends losses on Saturday, dips closer to psychological support at $60,000. BTC price decline under the support level could usher over $1 billion in liquidations, per Coinglass data. Crypto fear and greed index goes from fear to … [Continue reading]
Crypto market hit by correction, Ethereum, Solana, Dogecoin slip under key support
Crypto market cap suffered a decline with the correction on Friday, Ethereum, Solana, Dogecoin struggled at key support levels. Ethereum, Solana and Dogecoin noted between 2% and 5% drop in their prices on the day. Open interest dropped in top … [Continue reading]
FLOKI holders earn rewards from BNB-based meme coin, double-digit drop likely
Simon’s Cat, animated cat brand has planned a meme coin launch on the BNB Chain, in partnership with Floki. FLOKI traders will receive a portion of the new meme coin’s supply as a reward. FLOKI could extend losses by nearly 11% and sweep … [Continue reading]
Meme coins dominate 35% of Bitcoin transactions as BTC eyes $70,000 target
Meme coins account for 35% of over 99 million transactions on Bitcoin blockchain since January 1, per Galaxy Research data. Runes, meme coins on Bitcoin failed to boost activity on the chain, after two years of positive price action, monthly active … [Continue reading]
Ethereum plunges further as Genesis Trading begins repayment of creditors
Ethereum ETF net inflows could begin to affect ETH's price as Grayscale outflows slow down. Genesis Trading's headwind could outweigh ETH ETF impact in the coming weeks. Ethereum could form a W chart pattern if it bounces around key support. … [Continue reading]
Bitcoin down as Morgan Stanley and Genesis Trading make major market moves
Morgan Stanley has begun informing its financial advisors of a move for clients to begin purchasing Bitcoin ETFs. Genesis Trading moved over $1.5 billion to several addresses as it's suspected to have begun creditors' repayments. BTC is down to $61K, … [Continue reading]
Wormhole, XAI, IMX set to partake in next week’s token unlocks worth over $200 million
Next week's unlocks will see $206 million worth of new tokens added to circulation. Wormhole and IMX will see the highest share of unlocks, with a combined $180 million worth of new tokens entering circulation. August to experience a total of over … [Continue reading]