Bitcoin price recovery analysis sees BTC price gains

According to a recent on-chain analysis, Bitcoin (BTC) is showing signs of a potential short-term recovery, driven by rising demand in the United States. The increasing Coinbase premium plays a key role in this potential bitcoin price recovery In an analysis posted on October 3 by CryptoQuant, a leading on-chain analytics platform, experts highlighted the … Read more

Why Is XRP Price Dropping Today?

XRP has experienced a significant price drop today, falling by approximately 12.75% over the past 24 hours, hitting a monthly low of $0.511 on October 3. The price decline can be attributed to the SEC’s appeal in the Ripple lawsuit, coupled with increasing geopolitical tensions in the Middle East that are influencing investor sentiment and … Read more

Apple, Google to use AI to maintain dominance — Cathie Wood’s ARK Invest

ARK Invest, led by Cathie Wood, poses a significant question: Can Apple and Google deliver advanced AI features with their current approaches? Despite being at the forefront of the tech industry, these giants are under mounting pressure to utilize artificial intelligence (AI) to maintain their market leadership. ARK’s chief futurist, Brett Winton, explored this topic … Read more

Gold-backed Digital Asset

A new frontier is emerging in digital finance as a gold-backed digital asset provider seeks to integrate blockchain technology with traditional finance (TradFi). This innovation is opening new possibilities for gold as a form of payment, offering a novel way to unlock its value. The digital asset market is moving closer to everyday use, driven … Read more

Zilliqa blockchain malfunctions again, ‘permanent fix’ underway

The Zilliqa blockchain has once again faced disruptions, with critical system bugs affecting block production on September 27 and 29. These issues have forced the network to temporarily pause transactions while developers work to resolve the situation. On September 29, Zilliqa reported a bug that suddenly stopped the network from generating new blocks. At the … Read more

Crypto Fear & Greed Index Jumps Back into Greed Territory

The Crypto Fear & Greed Index has bounced back into “Greed” territory after spending most of August reflecting “Fear.” Last month, the index consistently showed signs of market caution, reaching a yearly low of 17 on August 6, with Bitcoin trading around $53,000. However, as of September 28, the index has risen to 64, the … Read more

Bitcoin sell-side risk hits 2024 low just $10K from BTC price record

Bitcoin holders are showing strong resolve, with minimal selling pressure at current price levels, even as Bitcoin inches closer to its all-time high. On-chain data reveals that sell-side risk has dropped to its lowest point in 2024, indicating that sellers are in no rush to offload their holdings. Bitcoin Sell-Side Risk Enters “Minimal Zone” Despite … Read more

Upbit to store user data on AWS: What users should know

UUpbit Transfers User Data to AWS: Everything Users Need to Know Upbit, South Korea’s leading cryptocurrency exchange, is making a big change to improve service and data security. As of October 1, 2024, Upbit will store user data on Amazon Web Services (AWS) servers in the United States. This update is part of Upbit’s efforts … Read more

Ethereum Gains 15% in a Week — Is a Recovery to $3K Back in Sight?

Ethereum (ETH) has seen a significant rally over the past week, with its price increasing by 18.7% between Sept. 17 and Sept. 23, outperforming Bitcoin in terms of weekly gains. Key indicators like open interest, funding rates, and network growth suggest strong demand for Ether, fueling speculation about a potential recovery to the $3,000 price … Read more