Everything web3, crypto, defi, degen
In brief Despite a crypto market crash that saw Bitcoin drop, large-scale investors are continuing to accumulate Cardano and XRP. On-chain data confirms this bullish whale activity, with transactions and cohort holdings for both cryptocurrencies hitting multi-month highs in August. The market recovery is tied to a potential end to the Russia-Ukraine conflict and a…
In brief Hyperliquid (HYPE) and SUI led losses among major altcoins as Bitcoin’s correction from $118,000 to $115,000 triggered widespread liquidations. The selloff comes ahead of Thursday’s Jackson Hole Economic Symposium, with analysts noting funding rates had been “warning of trouble” and higher-than-expected PPI data forcing markets to scale back September rate-cut expectations. Analysts called…
In brief $941 million worth of positions have been liquidated across the crypto market, most of which were longs. It comes as Thursday’s PPI report shocked the market, prompting major tokens including Dogecoin, Solana, and Cardano to retreat from recent highs. Experts say this is nothing out of the ordinary, as Ethereum and Bitcoin continued…
After saying earlier Thursday that the United States would not purchase Bitcoin for its planned strategic reserve, Treasury Secretary Scott Bessent apparently had a change of heart, again leaving the door open for potential purchases.”Bitcoin that has been finally forfeited to the federal government will be the foundation of the Strategic Bitcoin Reserve that President…
In brief Crypto markets are in correction mode, as PPI throws cold water on the rally. But Cardano traders had other ideas today. ADA pumped while XRP, BTC, and ETH dumped. Here’s why, and what the charts suggest may happen next. Crypto volatility is back. But while most of the majors are pulling back, with…
In brief Cardano’s ADA has climbed double digits on the day and is one of the biggest winners of the week as it hit a five-month high. It comes as Bitcoin set a new all-time high on Wednesday, while Ethereum closes in on its peak. Predictors on Myriad believe that it is almost certain that…
In brief Total crypto market cap surged $4.2 trillion today, a new record. Ethereum, Solana, and Cardano prices are pumping, with signs pointing to building momentum. Myriad users give ETH an 87% chance to hit $5K this year, smashing past its previous all-time high. Crypto degens today woke up with smiles on their faces.The cryptocurrency…
In brief Solana and Chainlink jumped over 12% as July CPI came in below forecasts, reinforcing bets on a September Fed cut. Institutional flows, not retail speculation, are driving this cycle, according to Presto analyst Min Jung. Analysts have warned rising leverage has increased systemic risk, making altcoins more vulnerable to sharp reversals. Solana and…
In brief Altcoins surged across the board Friday as major tokens, including XRP, XLM, and LINK, posted double-digit gains. Analysts called the rally a “rapid change in sentiment” driven by the removal of regulatory uncertainty, with XRP’s 10% jump leading broader crypto optimism. With the appeal dismissed and Trump’s crypto-friendly policies taking effect, traders are…
In brief Crypto markets are rebounding, with major altcoins Ethereum, XRP, and Solana all seeing notable gains. It comes as Bloomberg reports that President Trump is set to sign an executive order that will allow crypto to be held in 401(k)s. Approximately $8.7 trillion are held in 401(k)s and could potentially flow into crypto if…
