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CRYPTO MOVERS

Largest altcoin liquidation since 2021 hits amid crypto market selloff

The cryptocurrency market faced significant liquidations, particularly in altcoins, leading to a bearish trend while ETF inflows support a bullish mid-term outlook for Bitcoin and Ethereum.

theblock.co • 10/12/2024 - 16:11 PM

Analysts say altcoins’ resilience amid heightened Bitcoin volatility signals potential decoupling

Major altcoins outperform Bitcoin as volatility increases post-record high, with altcoins displaying stability amid a market shift influenced by investor interest and potential Federal Reserve policy decisions.

theblock.co • 06/12/2024 - 12:10 PM

CryptoQuant reports long-term bitcoin holder profit-taking as price pulls back from new all-time high

CryptoQuant cites evidence of long-term bitcoin holder profit-taking as the cryptocurrency pulled back slightly after hitting a new all-time high above $103,000 on Wednesday night. Future bitcoin price trends may be influenced by upcoming U.S. economic data, particularly November’s jobs report and the potential scale of future Fed rate cuts.

theblock.co • 05/12/2024 - 17:25 PM

Bitcoin surpasses $100,000 milestone in continued crypto optimism following Trump’s victory

Bitcoin surpassed $100,000, fueled by growing demand, institutional interest, and ETF inflows, marking a significant milestone in the cryptocurrency market.

theblock.co • 05/12/2024 - 03:07 AM

Bitcoin's path to $100,000 requires new buyers absorbing long-term holder sell pressure, analysts say

Bitfinex analysts highlight the importance of balancing short-term and long-term Bitcoin holder demand, with recent ETF inflows suggesting a potential rise to $100,000.

theblock.co • 04/12/2024 - 15:49 PM

CRYPTO MOVERS

Hyperliquid’s HYPE token has surged over 200% since launch, reaching $12 billion FDV

The HYPE token, launched by Hyperliquid, has surged over 200% since November 29, reaching a market cap of $4 billion and leading in decentralized trading volumes.

theblock.co • 04/12/2024 - 09:57 AM

Bitcoin exchange reserves drop to lowest levels in years: CryptoQuant

Bitcoin exchange reserves have hit a multi-year low as investors shift to long-term holdings, while recent price drops led to significant trader liquidations.

theblock.co • 03/12/2024 - 15:01 PM

Bitcoin price drops as profit taking and significant sell wall hinders rally, analyst says

Bitcoin is facing resistance near the $100,000 mark due to profit-taking and a stack of sell orders worth $384 million, an analyst said.

theblock.co • 02/12/2024 - 12:45 PM

CRYPTO MOVERS

Hyperliquid's HYPE surpasses Aave in market cap, claims nearly half of decentralized perpetual swaps volume

Hyperliquid, the decentralized perpetual swap trading platform that recently airdropped 310 million fully unlocked tokens to users who earned points by trading on the platform, has seen its HYPE token surge in price, flipping lending platform Aave in market capitalization. The platform has also risen to claim nearly half of all perpetual swaps trading volume, according to data from The Block.

theblock.co • 01/12/2024 - 21:47 PM

CRYPTO MOVERS

Ripple's market cap overtakes Solana's as XRP becomes fourth most valuable crypto token

Following its notable surge in price, Ripple’s XRP has become the fourth-largest crypto token by market capitalization, overtaking rivals Solana and BNB. XRP is currently trading at its highest price since early 2018 following its breakout above $2. The surge comes amid SEC Chair Gary Gensler’s announcement that he will depart the agency, which has engaged in a long-running legal battle with Ripple.

theblock.co • 01/12/2024 - 20:06 PM

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