Tag Archives: crypto market

Zcash (ZEC) Rockets 1,200%—Expert Says ZEC Could Soon Outgrow Cardano (ADA)

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Zcash (ZEC), the market’s leading privacy-focused cryptocurrency, has delivered a massive performance, with year-to-date data showing ZEC is up more than 1,200%, dramatically outpacing major coins. Cardano (ADA), by contrast, has been in a very different posture, with the same period showing a roughly 66% retrace.  The divergence has been so pronounced that Zcash briefly… Continue reading Zcash (ZEC) Rockets 1,200%—Expert Says ZEC Could Soon Outgrow Cardano (ADA)→

Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet

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Cryptocurrency markets rallied sharply on Thursday after the Senate Banking Committee delivered a major win for the industry by advancing the long-anticipated CLARITY Act.  The market reaction was visible across the largest coins: Bitcoin (BTC) jumped to $81,899 at the time of writing, representing about a 2.7% gain, while XRP led among the top ten… Continue reading Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet→

Coinbase CEO Unpacks The Crypto Bill’s Biggest Promise For The US Financial System

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As the Senate Banking Committee prepares to mark up the long-anticipated CLARITY Act on Thursday, Coinbase CEO Brian Armstrong has argued that the newest version of the bill represents a workable “compromise” and could meaningfully improve the US financial system.  Speaking to FOX Business, Armstrong said the updated draft reflects concessions on both sides—what he… Continue reading Coinbase CEO Unpacks The Crypto Bill’s Biggest Promise For The US Financial System→

Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Markets

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Bitmine Immersion (BMNR) said on Monday that its Ethereum (ETH) holdings have continued to climb, reaching 5 million tokens and getting closer to the company’s longer-term goal of owning 5% of the total ETH supply.  The firm described the update as evidence that a “crypto spring” has begun, and used the announcement to reinforce why… Continue reading Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Markets→

USDT On Ethereum Sees Largest Exchange Outflow Since February — Details

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According to the latest on-chain data, the Ethereum-native iteration of USDT, the world’s largest stablecoin, has just witnessed its largest exchange outflow in recent months. 1.29 Billion USDT Flow Out Of Crypto Exchanges In a May 9th post on the X platform, blockchain analytics firm Santiment revealed that USDT on the Ethereum network recently recorded… Continue reading USDT On Ethereum Sees Largest Exchange Outflow Since February — Details→

Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000

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Bitcoin’s price recovery is not a new beginning: it is a familiar ending. That is the warning from a crypto analyst, who is of the notion that the current Bitcoin price action is playing out a bull trap the market has seen before and that the setup is pointing to a destination that sees the… Continue reading Analyst Predicts Biggest Bitcoin Bull Trap Of The Cycle, Calls Out 50% Crash To $42,000→

XRP Analyst Reveals The Question No One Asks And Why It’s Important

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XRP is drawing renewed attention in the crypto community after an analyst raised a key question about the driving force behind demand for the asset in a global settlement system. The discussion focuses on how XRP would function if the XRP Ledger (XRPL) were widely adopted for payments, and whether the cryptocurrency’s value comes from… Continue reading XRP Analyst Reveals The Question No One Asks And Why It’s Important→

Hyperliquid Policy Center Praises SEC Chair Atkins’ On-Chain Agenda Featuring 4 Key Proposals

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The Hyperliquid Policy Center (HPC) praised Securities and Exchange Commission (SEC) Chair Paul Atkins on Friday for what it described as an ambitious effort to improve clarity for on-chain markets.  SEC’s On-Chain Guidance Agenda Atkins’ remarks centered on four key areas where he said the Commission should provide more guidance on how regulatory principles translate… Continue reading Hyperliquid Policy Center Praises SEC Chair Atkins’ On-Chain Agenda Featuring 4 Key Proposals→

Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107

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Coinbase (COIN) opened the quarter with a rough financial showing. After the exchange reported major losses in its first-quarter earnings, Barclays responded by cutting its price target for COIN, while Bank of America trimmed its target more modestly.  Two Wall Street Takes On Coinbase Barclays lowered its Coinbase price target to $107 from $140, maintaining… Continue reading Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107→

Bitcoin At $82K, But Metrics Don’t Smile: Network Activity Down, Spot Demand Negative—What’s Next?

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On Wednesday, Bitcoin reached its highest level since January, crossing above the $82,000 threshold. However, one analyst has warned that the latest upswing may not be driven by genuine demand.  Instead, he describes it as a so-called “speculative trap” and points to signals suggesting there may be little underlying momentum before the market potentially retraces… Continue reading Bitcoin At $82K, But Metrics Don’t Smile: Network Activity Down, Spot Demand Negative—What’s Next?→