As of February 2025, the crypto market is valued at more than $3 trillion. This shows the massive growth in the industry in the past months. The DeFi sector is also growing, with 1Fuel leading in innovations. Most importantly, the launch of the 1Fuel (OFT) presale is ongoing, and it’s already in stage 4. OFT […]
A closely followed crypto strategist believes Bitcoin (BTC) will take a serious hit if it corrects below $90,000. In a new strategy session, pseudonymous analyst Cheds tells his 49,600 YouTube subscribers that Bitcoin appears to be currently trading in a sideways trend with a well-defined resistance at $107,000 and a clear support level at $90,000. […]
In a dramatic shift, hedge funds appear to be ramping up short positions in Ethereum at a rate not seen before, sparking questions on whether the second‐largest cryptocurrency by market capitalization could be facing troubled waters—or if something else is at play. According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum […]
Global cryptocurrency exchange spot volumes experienced a significant cooldown in January 2025, dropping 19.5% to $1.73 trillion from December 2024’s record-breaking $2.14 trillion. The decline occurred even though in January the market was reaching historical highs on the Bitcoin (BTC) chart; however, it soon transitioned into a correction. The outcome is also lower than that […]
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Short positions on ETH have increased dramatically by about 40% in one week and 500% since November, resulting in record levels. “Never in history have Wall Street hedge funds been so short of Ethereum, and it’s not even close,” exclaimed the Kobeissi Letter on Feb. 10. The effects of this “extreme positioning” were seen earlier […]
Former boss of world’s largest exchange, Binance, reminds followers of his golden rule for crypto wealth
We’re thrilled to announce that JAILSTOOL is now available for trading on Kraken! Funding and trading JAILSTOOL trading is live as of 17:00 UTC today, Feb 9, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens into networks […]
Donation funds and foundations have become one of the first institutional investors to accept cryptocurrency.
The new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. He remarked that individuals use these tools for cross-border payments to maintain an “opaque vision for taxation or money laundering.” Central Bank of Brazil States Stablecoin Volumes Linked to Tax Evasion and Money […]
XRP price struggled to continue higher above the $2.720 zone and recently corrected gains. The price is moving lower and might struggle to stay above $2.2650. XRP price started a fresh decline after it failed to clear the $2.780 level. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There is […]
A Welsh landfill site where a hard drive purportedly containing 8,000 Bitcoin is buried is set to shut.
Going through another major drop this week, ADA lost a psychological level and retraced deeply to a three-month low. This triggered a serious panic in the market and is now following a strong negative bias. ADA’s overall market remains bullish on the macro level, but the trend is subjected to a downward slope following a […]
Analysts at the crypto analytics platform CryptoQuant have released a Tron network review, outlining how the ecosystem grew from a Tether (USDT) “powerhouse” to a decentralized finance (DeFi) hub in 2024. According to the report shared with CryptoPotato, Tron experienced the diversification of its on-chain activity, evolving from just a network with dominant USDT activity […]
Shiba Inu breaks stagnation trend with 5,277% netflows surge
Bitcoin, the most widely recognizable cryptocurrency, has found an ally for itself in President Donald Trump. The Trump administration has brought …
Florida is moving to integrate bitcoin into its financial strategy, with a new bill proposing the state invest public funds in cryptocurrency as a hedge against inflation. Florida Explores Bitcoin Adoption for State Reserves Florida State Senator Joe Gruters filed a bill on Friday that would allow the state’s chief financial officer to invest public […]
Bitcoin price is consolidating above the $95,000 support zone. BTC is struggling and might slip further unless there is a close above $98,800. Bitcoin started a fresh decline below the $98,000 level. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]
A large entity is reportedly accumulating Uniswap’s native token UNI, according to blockchain tracking firm Lookonchain. Citing data from on-chain “de-anonymizer” Arkham, Lookonchain reports that an unknown deep-pocketed investor has begun withdrawing UNI from Binance, the largest crypto exchange in the world. “A giant whale is accumulating UNI! This whale has withdrawn a total of […]
Lower-cost AI could lead to lower-cost products but more expensive luxury items, according to OpenAI CEO Sam Altman.
After the recent market downturn, Floki and Sei holders find themselves in the red. Seeking the best altcoins to buy to recoup these losses, many are fixing their attention on 1Fuel, a utility-driven cryptocurrency that has raised nearly $2 million through its stage three presale. Read on to discover why experts call 1Fuel the best […]
Market starting recovery, but more support is needed
The cryptocurrency landscape in 2025 is witnessing remarkable developments with Ripple (XRP), Sui (SUI), and the emerging Cutoshi (CUTO) token …
Economist Henrik Zeberg believes Bitcoin (BTC) and altcoins are close to igniting the final phase of the crypto bull market. In a new interview on the Crypto Banter YouTube channel, Zeberg says he’s giving a less than 5% chance that crypto assets have already printed a bull market top. “There are no indications for me […]
A new study from the University of Georgia (UGA) has found that social media users are more likely to invest in crypto. The research concluded that engagement on platforms like YouTube, Reddit, and X increases the likelihood of investing in digital currencies. Social Media’s Influence on Crypto Investments The UGA review found that approximately half of […]
Tanzanian billionaire Mohammed Dewji’s social media account was recently hacked by crypto scammers who promoted a fake digital asset, the “Tanzania token.” Tanzania Token The social media account of Tanzanian billionaire Mohammed Dewji was recently hacked by crypto scammers, who promoted a fake digital asset to his 2.2 million followers. The scammers used a deepfake […]
XRP saw a double-digit drop in its futures open interest, but is it a sign that the altcoin’s triple-digit rally is ending?
Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support level within a parallel channel. His technical analysis, which is based on SOL price action on the daily candlestick timeframe, shows that the altcoin has been trading in an uptrend channel since July 2024. Notably, […]
Bitcoin (CRYPTO: BTC) has a market capitalization of about $1.9 trillion as of this writing. It represents more than half of the total value of …
Crypto expert Burniske shares ultra-bullish prediction amid current crypto market decline
A federal judge is reportedly ruling that top US-based crypto exchange Coinbase must face a class action lawsuit in New York. According to a new report from Reuters, Paul Engelmayer, a judge for the Southern District of New York, is rejecting Coinbase’s argument that it did not qualify as a “statutory seller” to dismiss a […]
A former deputy director of the Beijing Financial Bureau is reportedly facing a lengthy jail time for his involvement in crimes related to crypto. According to Caixin, Hao Gang was engaged in a Bitcoin (BTC) money laundering operation. He also assisted an executive of a leading crypto mining company by lifting border controls in exchange […]