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Financial News

Stablecoins see biggest drop since 2022 crypto winter led by Tether (USDT), Circle’s USDC decline

Stablecoins see biggest drop since 2022 crypto winter led by Tether (USDT), Circle’s USDC decline

2 months ago by Crypto InsightsCrypto

The combined market capitalization of major stablecoins fell from roughly $166 billion in March 2022 to $122 billion by September 2023, RWA.xyz data shows — a decline of over 26% as investors pulled money from the digital asset market. Tether’s USDT fell from $78 billion… Read More

Bitcoin, ether little changed as U.S. launches fresh Iran strikes

Bitcoin, ether little changed as U.S. launches fresh Iran strikes

2 months ago by Crypto InsightsCrypto

The muted response is the pattern now. When Iran first closed the Strait of Hormuz in early March, Brent crude jumped past $100 a barrel for the first time in four years and later peaked near $120, and bitcoin sold off sharply on each escalation.… Read More

Crypto IPO pipeline slows amid weak market conditions

Crypto IPO pipeline slows amid weak market conditions

2 months ago by Crypto InsightsCrypto

Despite these headwinds Lopez says regulatory clarity is no longer the primary obstacle for companies considering public listings. “That’s less relevant than before. Companies went public before there was regulatory clarity,” he said. “For companies like Bullish, Circle or BitGo, it’s more about access to… Read More

Bonzo Lend’s total value locked plunges 77% as $9 million oracle exploit rattles Hedera

Bonzo Lend’s total value locked plunges 77% as $9 million oracle exploit rattles Hedera

2 months ago by Crypto InsightsCrypto

Bonzo Lend, a decentralized lending protocol on the Hedera network, suffered an estimated $9.05 million loss after an attacker exploited a verification flaw in a third-party Supra oracle contract, allowing them to borrow assets far exceeding the value of their collateral. The attacker deposited 250… Read More

Bitcoin halving cycle history challenges $300,000–$500,000 moonshot forecasts

Bitcoin halving cycle history challenges $300,000–$500,000 moonshot forecasts

2 months ago by Crypto InsightsCrypto

Veteran trader Peter Brandt anticipates a peak between $300,000 and $500,000. Bernstein analysts Gautam Chhugani and Mahika Sapra expect prices to hit $500,000 by 2029, citing booming demand for spot exchange-traded funds (ETFs). Reality check However, while the four-year cycles have consistently produced new all-time… Read More

Bitcoin’s gets bullish signal from MACD. Next stop above $70,000?

Bitcoin’s gets bullish signal from MACD. Next stop above $70,000?

2 months ago by Crypto InsightsCrypto

Traders typically do not rely on a single indicator to determine market trends. But this particular MACD has proved reliable as a standalone gauge through the price crash from the record high of $126,000. Since October, negative crossovers have reliably marked the start of steeper… Read More

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