What Sent Bitcoin, Gold, and Wall Street Tumbling?
Here’s why trillions of dollars were erased from capital markets in a single day despite a very solid US Jobs report. Friday was a brutal day for essentially all financial markets, even though the only notable news that went…
Bitcoin Risks $55K Slide as Analyst Doubles Down on $100K Target
Key Takeaways A crypto strategist said bitcoin could revisit $55,000 if the $60,000 support level breaks. The $55,000 level aligns with bitcoin’s realized price and has held during major downturns. Despite recent pressure, the strategist maintained a $100,000 year-end target…
What 13 days of Bitcoin ETF outflows really means
It is the longest losing streak the spot Bitcoin ETFs have ever recorded. Summary U.S. spot Bitcoin ETFs recorded a record 13 consecutive trading days of net outflows, with roughly $4.37 billion leaving the funds between May 15 and June…
Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500
Key Takeaways U.S. spot bitcoin ETFs lost $326 million while ether ETFs shed $5.97 million yesterday. The redemptions resumed selling pressure barely a day after both products snapped outflow streaks. Persistent outflows signal cooling institutional appetite as bitcoin trades near…
Zcash Plunges After Four-Year Bug Could Have Allowed Unlimited Token Minting
Zcash (the token is known as ZEC) is facing a massive wave of skepticism after the development community published details about a critical vulnerability in Orchard, the network’s latest shielded pool. ZEC plunged over 50% at one point following this…
Will Solana price slide to $50 next as whales cut exposure?
Solana price has fallen to a multi-year low as a major corporate holder moved $31.9 million worth of SOL to Coinbase Prime, adding to fears that whales are reducing exposure during the market selloff. Summary Solana price fell to a…
Cardano Foundation CEO Urges Calm as ADA Slides to Late-2020 Lows
Frederik Gregaard points to on-chain governance, DeFi expansion, and real-world asset programs as ADA erases nearly a third of its value in a week — even as key ecosystem projects shutter around him. Cardano’s native token ADA hit a price…
OG Bitcoin Holder Wakes Up, Redeems Casascius Coin For 25 BTC After 15 Years
The Casascius coin that was redeemed within the week was created in December 2011 alongside thousands of other coins. As bitcoin (BTC) continues to weather the storms of the bear market, the asset’s OG holders are waking up. A…
NEAR and WLD Round-Trip as Zcash Rebounds 18% From Its 50% Drop
Key Takeaways Zcash fell nearly 50% from its $624 June 4 high before rebounding about 18% over the past 24 hours. An Orchard pool flaw cost ZEC its privacy-coin lead, dropping it from 11th to 16th by market cap. NEAR…
Dogecoin price under pressure as giant H&S pattern targets deeper losses
Dogecoin has fallen to its lowest level in years after a decisive breakdown from a multi-year head-and-shoulders pattern added fresh selling pressure during the latest crypto market rout. Summary Dogecoin price has broken below a multi-year head-and-shoulders neckline, putting the…
