LIT Token Launch Boosts $200B Trading Volume
Lighter, a DEX for perpetual futures, hit $200B in 30-day volume, surpassing Hyperliquid amid LIT token launch; LIT now trades on Coinbase. #Update #Crypto
Token Distribution
About the process of distributing tokens, including initial coin offerings (ICO), security token offerings (STO), and other forms of token sales
Ethereum Price Drops Signals Bearish Trend
Ethereum price struggles after failing to sustain above $3,050, now trading below $2,950. Potential further decline if it breaks the $2,880 support. #Update #Crypto $ETH
XRP Price Drops to $1.85 Key Support Lost
XRP dropped to $1.85 after breaking the $1.87 support, with increased exchange inflows indicating profit-taking, while broader crypto momentum remains weak. #Update #Crypto $XRP
Fed Chair Race Tightens as Hassett Drops Below 50%
Prediction markets indicate Kevin Hassett’s odds of becoming the next Fed Chair have dropped below 50%, amid rising competition from candidates like Kevin Warsh and Christopher Waller. Investors expect rates to remain unchanged at the next meeting. #Update #Crypto $USDT
Bitcoin Rebounds Fades XRP Drops to $1.86
XRP fell to $1.86 as traders sold into resistance despite steady ETF demand, with total ETF assets reaching $1.25B; institutional interest remains strong amid market volatility. #Update #Crypto $XRP
Ethereum Bears Regain Control Amid Price Drop
Ethereum’s price declined below $3,000, showing bearish signs and trading under the 100-hourly SMA. Further declines are possible if it drops below $2,880. #Update #Crypto $ETH
Bitcoin Bull Market Potential Despite 20% Drop
Analysts, including @RanNeuner, express concern over crypto’s lack of a bull market despite positive factors; total market cap down 32% from October highs. #Update #Crypto $BTC
XRP Crashes Below $2 Amid 95% Volume Drop
A 5-7 year old XRP wallet realized $721.5M in profit as XRP fell below the $2 support level, highlighting potential market vulnerability. #Breaking #Crypto $XRP (-8) ↘
Bitcoin Struggles Amid $89K Price Drop
Bitcoin and ether ETFs face outflows, while $SOL and $XRP gain capital, reflecting cautious market rotation. #Update #Crypto $SOL
Solana Powers Bhutan’s Gold-Backed Token Launch
Bhutan launches TER, a gold-backed token on Solana, with DK Bank as distributor and Matrixdock providing infrastructure. Bhutan holds 5,984 BTC worth over $536M. #Update #Crypto $SOL
Bitcoin Drops 5% Amid Market Volatility
Bitcoin $BTC is down 2.4% at $90,368.33 following the Fed’s 25 basis point rate cut and mixed signals on future cuts, impacting market sentiment. #Update #Crypto $BTC
Bitcoin Treasury Firm XXI Drops 20% on NYSE Debut
French fintech @Lyzi enables crypto payments at Porsche Centre Montpellier and Lamborghini Bordeaux, allowing luxury car purchases with $BTC, $XTZ, stablecoins, and over 80 digital assets. #Update #Crypto
Octra Launches $20M Token Sale at $200M Valuation
Octra Labs is launching a $20M public token sale on Sonar, offering 10% of its OCT tokens at a $200M valuation. Unsold tokens will be burned. #Update #Crypto
Bitcoin Forecast Drops to $100K by 2025
@StandardChartered has lowered its Bitcoin forecast for 2025 from $200,000 to $100,000 due to reduced institutional demand and slower ETF adoption. Adjustments for subsequent years were also made. #Update #Crypto $BTC