Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
JUP token has surged amid a bearish market, driven by Jupiter’s ambitious plans for a $3.6 billion token burn and a buyback program.
Nate Geraci foresees more crypto ETF product fillings in the coming weeks as SEC’s regulatory policy is shifting.
The large transaction volume has dropped from 3.43 million ETH tokens to 1.05 million ETH tokens.
Solana’s long-term outlook remains promising, buoyed by potential market catalysts.
Shiba Inu (SHIB) crashed by more than 11% in the past 24 hours, losing a crucial support zone between $0.0000185 and $0.0000212 and trades at $0.00001765.
Speculation intensified after rumors about a now-deleted post by Elon Musk. The Twitter/X owner allegedly commented that “XRP is looking quite promising” before removing the post within 20 seconds.
Ethereum price has dropped over 7.87% today, testing critical support levels, with $84.5 million in liquidations occurred in the past 24 hours.
The crypto market situation today appears to suggest that the enthusiasm around the Trump inauguration might already be settling down.
Heavy crypto liquidations in the recent past have increased the odds of a long squeeze in most digital assets led by Bitcoin (BTC) and Ethereum (ETH).
With long traders losing nearly $790 million in liquidations, the crypto market remains on edge as investors await further signals from Trump’s administration on regulatory policies.