Tag Archives: crypto market

Behind The MEXC Drama: Is Bankruptcy Inevitable?

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Seychelles-based cryptocurrency exchange MEXC found itself in the midst of controversy on Friday as users on social media site X (formerly Twitter) called for immediate withdrawals amid speculation about the exchange’s potential bankruptcy.  What Happened At MEXC? Market analyst J.A. Maartun was among the first to draw attention to the situation, sharing a chart on… Continue reading Behind The MEXC Drama: Is Bankruptcy Inevitable?→

Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers

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In a recent financial disclosure, two of the crypto industry’s giants, Coinbase (COIN) and Strategy (MSTR), reported significant gains in their third-quarter (Q3) results.  Coinbase Surges Past Profit Expectations Coinbase exceeded analysts’ expectations for its Q3 profit, buoyed by increased volatility in digital assets that elevated trading volumes on its platform. The company reported a… Continue reading Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers→

dYdX Eyes US Market Entry: Decentralized Crypto Exchange Plans Year-End Debut, Reuters

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dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US market by the end of the year, following the recent shift in crypto policies by the Trump administration.  dYdX Expands Amid Supportive Legislation  In an interview with Reuters, Eddie Zhang, the president of dYdX, emphasized… Continue reading dYdX Eyes US Market Entry: Decentralized Crypto Exchange Plans Year-End Debut, Reuters→

Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto?

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On Wednesday, the Federal Reserve (Fed) announced a 25-basis-point rate cut from the previous rate of 4.25%, aligning with market expectations. Despite this bullish development being highly anticipated by top experts as the best catalyst for the remainder of the year, Bitcoin (BTC), XRP, and Ethereum (ETH) led the market downturn following the announcement.  Fed… Continue reading Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto?→

Bitcoin Poised For New Run Beyond $125,000? Nasdaq’s Record Recalls 2021 BTC Pattern

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The second part of the year has seen a notable surge in the US stock market, while Bitcoin (BTC) and the broader cryptocurrency market has faced its share of uncertainty and significant corrections.  With the Nasdaq recently surpassing the 26,000 mark, leading analysts are now suggesting that this milestone could be a clear indicator for… Continue reading Bitcoin Poised For New Run Beyond $125,000? Nasdaq’s Record Recalls 2021 BTC Pattern→

China Intensifies Crypto Crackdown With Latest Warning Against Stablecoins

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Despite facing criticism for lagging behind the United States in creating a more accommodating environment for cryptocurrency growth and adoption, China reaffirmed its stringent stance on crypto once again this week.  Authorities issued warnings about the alleged risks posed by stablecoins, particularly amid concerns that the US may have solidified its dollar dominance through these… Continue reading China Intensifies Crypto Crackdown With Latest Warning Against Stablecoins→

The Next Chapter For Crypto: Legislative Clarity, Institutional Support Set Stage For Major Growth

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The crypto market, despite experiencing throughout the year major price fluctuations, security incidents, and legal hurdles, has experienced remarkable growth. This can be attributed to the expansion of digital asset treasuries (DATs), increased institutional adoption, and new initiatives aimed at integrating digital assets, particularly stablecoins, into traditional financial sectors. Andreessen Horowitz (a16z) recently shared their… Continue reading The Next Chapter For Crypto: Legislative Clarity, Institutional Support Set Stage For Major Growth→

Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%

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The next Federal Open Market Committee (FOMC) meeting is fast approaching, and the bets are already pouring in as to what it would mean for the Bitcoin and crypto industry. The last FOMC meeting took place in September, when the Federal Reserve ended up cutting rates down to 4-4.25% after months of no rate cuts.… Continue reading Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%→

Canary Capital’s CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow

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After months of growing uncertainty and anticipation, the debut of exchange-traded funds (ETFs) for Hedera (HBAR) and Litecoin (LTC) is set to commence tomorrow, as confirmed by Canary Capital’s CEO Steven McClurg on Monday. Hedera And Litecoin ETF Launches Imminent Crypto reporter Eleanor Terret shared the news on X (formerly Twitter), revealing that the ETF… Continue reading Canary Capital’s CEO Confirms Spot Hedera And Litecoin ETFs Will Begin Trading Tomorrow→

100% Of Bitcoin Bull Market Peak Indicators Remain Untouched, Is There Still Room To Run?

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Over the years, a number of indicators have emerged that have often helped to pinpoint the Bitcoin bull market peak. These indicators have been triggered in previous cycles, and their triggers have often been a signal that it was time to get out of the market, as a new bear market is underway. However, this… Continue reading 100% Of Bitcoin Bull Market Peak Indicators Remain Untouched, Is There Still Room To Run?→