Although e-rupee transactions increased in late 2023, amassing to over 1 million a day, it has now reduced to between 100,000 to 200,000 per day.
The recent price drop has been accompanied by a bearish crossover on the two-day MACD, indicating that sellers currently dominate the market.
With Bitcoin price taking a dive under $50,000 earlier today, there’s going to be a similar reaction in MSTR price moving forward.
Stocks linked to cryptocurrency exchanges and technology investments have also taken serious hits as well.
Xapo Bank offers a unique 1% interest yield on Bitcoin without the need for staking, lending, or locking up assets.
The massive liquidations in the crypto market and the market instability caused the USDB value to drop to $0.94. However, it bounced back later to regain its peg to $1.
Regarding the heatmap analysis, liquidity between the $50,000 and $48,000 range is critical for the next phase of Bitcoin price action.
The AAVE lending and borrowing protocol made an overnight revenue of around $6 million amid the heavy crypto liquidations led by Ethereum.
Renowned XRP advocate lawyer Fred Rispoli strongly believes that any regulatory concern that may arise from Ripple’s launch of the USD-backed stablecoin would create a new lawsuit.
The dump of the Neiro token by Vitalik Buterin shows the influence and impact high-profile figures can have on these meme assets.
Australian Federal Police (AFP) teams up with blockchain firm Chainalysis to disrupt cryptocurrency crime. The Policing Cybercrime Coordination Center (PCCC) shares wallet data, trains officials on tracing stolen funds, and develops real-time scam detection strategies.
Justin Sun announced the creation of a $1 billion fund aimed at combating fear (FUD) in the crypto space during volatile times.
Technical analysis shows a bearish trend for BNB.
Miners who are unable to adjust to the changing market may be forced to exit.
More than $1 billion was liquidated from the crypto-leveraged market as Bitcoin price teased below $50K for the first time since February.