Dogecoin’s Market-Value-to-Realised-Value (MVRV) Z-Score is printing just 0.28 – a level normally associated with capitulation, not euphoria. Yet the price of the ninth-largest cryptocurrency keeps carving a succession of higher highs and higher lows on the weekly chart, trading near $0.17 with a market capitalisation of roughly $26 billion in Monday’s late-New-York session. The juxtaposition…
Bitcoin Magazine Flash Releases Free Bitcoin Invoicing Tool with No Fees, KYC, or Custody Flash, a Bitcoin payment platform, just announced it has launched Flash Invoicing, a completely free, non-custodial, and KYC-free Bitcoin invoicing tool. Designed for freelancers, the platform allows users to send professional invoices without platform fees, identity checks, or third party custody….
As Bitcoin (BTC) and the broader cryptocurrency market show tentative signs of recovery following the most recent correction, a crypto analyst has made a bold statement suggesting that the market may have already reached its peak. BladeDeFi, in a recent post on X (formerly Twitter), warned followers that a significant downturn could be on the…
Traders on decentralized betting platform Polymarket have scaled back expectations for U.S. military action against Iran amid reports that President Donald Trump’s team is looking to mend fences. As of writing, probability that U.S. will strike Iran by June 30 stood at 46%, down sharply from the overnight high of 66.9%, according to trading in…
Early-stage project Bitcoin Pepe has continued to attract strong investor interest. The Bitcoin Pepe presale has raised over $14.6 million. The BPEP token is currently priced at $0.0416. The team behind the ambitious project is expected to make a listing announcement later today. Bitcoin edged higher on Tuesday even as broader cryptocurrency markets showed mixed…
Ethereum is already seeing a slowdown for the month of June, suggesting that it is sticking to established historical trends for the month. With half of the month already gone, the altcoin is likely to finish out the month in the same trend, and the previous cycle data warns of further price crashes. But how…
Cathie Wood’s ARK Invest trimmed its holdings on its sizable Circle (CRCL) position Monday, selling $51.8 million worth of shares, as the stablecoin issuer’s stock extended its rally. ARK sold a total of 342,658 shares across three of its actively managed exchange-traded funds (ETFs), according to a daily email. The ARK Innovation ETF (ARKK) offloaded…
The institutionalization of cryptocurrencies is accelerating rapidly. Crypto derivatives exchange Deribit’s on-demand liquidity tool, the Deribit Block Request-for-Quote (RFQ) interface, has registered a cumulative trading volume of over $23 billion in less than four months since its debut in early March. Deribit is a prominent derivatives exchange, offering the world’s largest options market for traders…
The number of whale wallets holding large amounts of XRP XRP has increased to a record high in a sign of confidence in the cryptocurrency’s price prospects. “There are now over 2,700 whale & shark wallets holding at least 1M XRP for the first time in the asset’s 12 plus year history,” blockchain analytics firm…
On-chain data shows the exchange inflows related to the stablecoins USDT and USDC have seen a sharp plunge. Here’s what this could mean for Bitcoin and other cryptocurrencies. Stablecoin Exchange Inflows Have Dropped Below Yearly Average In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the…
