Shiba inu (SHIB), the world’s second-largest meme token by market value, faced selling pressure alongside losses in the broader crypto market and U.S. stocks. SHIB fell over 3.5% to 0.00001134, the level last seen on April 9, according to data source CoinDesk. Bitcoin, the leading cryptocurrency by market value, slipped nearly 3% to $103,800. The…
The price of Pi coin has dropped 60% amid a weak response to the .pi domain update. Exchange inflows and token unlocks signal bearish pressure. Users have raised concerns over security and stalled ecosystem growth. The Pi Network ecosystem is facing growing uncertainty as concerns over its .pi domain auction weigh heavily on the price…
Crypto analyst Daan Crypto has provided an analysis of the rising Bitcoin dominance, explaining why this will likely continue to surge. Based on his analysis, the altcoin season is unlikely to come anytime soon, with many alts suffering significant selling pressure while BTC accumulation increases. Bitcoin Dominance Surge Dashes Hopes Of Altcoin Season In an…
Bitcoin Magazine BBVA Tells Wealthy Clients to Invest Up to 7% in Bitcoin Spanish bank BBVA is now advising its wealthy clients to invest up to 7% of their portfolios in crypto and Bitcoin, showing how traditional banks are starting to see the potential of Bitcoin. JUST IN: Spain’s second largest bank BBVA is telling…
The U.S. may soon go to war against Iran, and crypto markets aren’t liking the prospect. Bitcoin BTC is down 3.8% in the last 24 hours, trading under $104,000 yet again. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, exchange coins and memecoins — lost 6.1% in…
Am I the only one feeling a growing sense of cognitive dissonance in crypto right now? The crypto industry has always had revolutionary roots. It emerged in 2008 with the Bitcoin whitepaper, a direct response to the financial crisis that decimated livelihoods while protecting a systemically flawed, corrupt banking system. Bitcoin wasn’t just a technical…
Escalating tension in the Middle East between Iran and Israel continues to ripple through the cryptocurrency market, prompting significant downside for a number of altcoins. Despite NEAR Protocol’s impressive milestone of reaching 46 million monthly users, the token has struggled to maintain price stability in the current geopolitical climate. It currently trades at $2.11 after…
BNB, the native token of BNB Chain, fell 1.7% over the past 24-hour period, rattled by growing market unease as the conflict between Israel and Iran escalates and after U.S. President Donald Trump called for the National Security Council to prepare in the situation room. BNB swung between $659 and $646 during the day, marking…
Ethereum ETF holdings hit an ATH as institutional inflows surge. SPX6900 cools after 230% rally, holds key $1.30 support level. XRP remains bullish despite the US SEC case delay to August 15. Ethereum, XRP, and SPX6900 are moving in different but equally significant directions this week, revealing major developments across the crypto market. The market…
Key takeaways HYPE is up 48% in the last 30 days, overtaking several cryptocurrencies to grab the 11th spot in the market. The coin risks turning the $40 support into a resistance following its recent all-time high achievement. HYPE down 12% from all-time high HYPE, the native coin of the Hyperliquid ecosystem, has been one…
