The Optimism Foundation and Coinbase-backed layer-2 platform Base eye shared governance of OP Chains. Base will receive 118 million OP token spread over six years. The Optimism Foundation and Base, a Layer 2 on the […]
Crypto custodian Prime Trust has admitted to losing $8 million in customer and corporate funds through the collapse of TerraUSD. The custodian lost $6 million in customer funds and $2 million from its corporate treasury. […]
Key Takeaways Bitcoin is outperforming Ethereum despite „the Merge“ approaching fast. Bitcoin’s dominance surged after hitting crucial support, and ETH:BTC seems to have topped at range high. If crypto history is any indication, Ethereum’s Merge […]
Bitcoin has suffered its worst weekly percentage loss since the collapse of FTX. Some of the factors behind the dip include reports of SpaceX selling its BTC holdings and the Chinese property giant Evergrande bankruptcy […]
The Solana (SOL) price has fallen since the $27 horizontal resistance area rejected it in July. The readings from the daily timeframe suggest that the decrease is expected to continue in the near future. Solana […]
Key Takeaways U.S. inflation hit 8.3% in August, the latest Consumer Price Index print has revealed. The price of goods rose 0.1% on a month-on-month basis. The print exceeded expectations of a cool-off to 8.1%. […]
Bitcoin price fell to $28,800 across major exchanges as Ethereum hit lows near $1,800. Equities also showed signs of uncertainty with mixed trading recorded. Crypto investment products saw outflows totaling $107 million, the primary focus […]
Hedge fund billionaire Dan Loeb, chief executive of Third Point, underlined an emerging trend in traditional markets that tops fundamental analysis. The renowned investor expressed his concerns over the rising dominance of retail traders in […]
Key Takeaways Bitcoin lost over 2,000 points in market value in the last 24 hours. Likewise, Ethereum took a 7.5% nosedive, erasing recent gains. The downturn put BTC and ETH at risk of a steep […]
Chainlink (LINK) traded to highs of $8.44 before retreating amid broader market uncertainty. A top crypto analyst says LINK seeing a weekly close below the macro downtrend line portends fresh losses. The “Macro Breakout is […]
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