XRP holders are underwater by more, on average, than they have ever been, according to onchain data that some traders treat as a contrarian floor signal. The reading comes from MVRV, or market value to realized value, a ratio that compares XRP’s price with the… Read More
The crypto market enters the final stretch of the month in a perilous position with bitcoin BTC$59,832.96 still below $60,000 and ether (ETH) less than $1,600. The bitcoin price has now lost more than 50% of its value since October’s record high, with analysts suggesting… Read More
Bitcoin BTC$60,140.05 found some footing around $60,000 on Friday after this week’s selloff, but the biggest gains came from decentralized finance (DeFi) and the Solana ecosystem. Leading the advance was the native token of Aave AAVE$95.42, the largest DeFi lending protocol, which jumped 19% over… Read More
The largest cryptocurrencies remained under pressure for a fourth straight day, with bitcoin falling 2.5% in 24 hours to just below $62,400. It’s not alone. The CoinDesk 20 Index (CD20) has dropped 3.3%, with ether (ETH), XRP (XRP) and solana (SOL) all weaker. The CoinDesk… Read More
The months of waiting have ended, and SpaceX is set to begin trading on Nasdaq today after investors pumped $75 billion into the largest IPO in history. What happens next could ripple across financial markets, including crypto. One theory making the rounds is that recent… Read More
The crypto market remains under pressure ahead of the pivotal U.S. inflation data, which is expected to show the cost of living rose to a three-year high of over 4% in May. Tokens such as privacy-focused zcash (ZEC) and decentralized exchange Hyperliquid’s HYPE have each… Read More
