Tether CEO slams federal probe claims: ‘No knowledge of any such investigations’

Tether faces an investigation over alleged ties to illegal activities and sanctioned entities. Despite the scrutiny, Tether explores opportunities for growth in the commodity sector. Stablecoins have emerged as a transformative force in the cryptocurrency landscape this year, particularly highlighted by the competition between Circle’s USDC and Tether’s USDT. Visa on-chain analytics further indicated that…

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Is XRP primed for a breakout? Rising activity, strong metrics signal…

XRP’s price action shows signs of a potential breakout, supported by rising transaction count and wallet growth. Exchange reserves and open interest reflect mixed sentiment, but bullish indicators hint at possible upward momentum. Ripple XRP’s on-chain activity has reached a six-month high, with active addresses hitting 12,230 and new wallet creations surging by 10.39%, adding…

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Michael Saylor’s poll picks Trump for Bitcoin: 91% agree!

Trump leads Saylor’s Bitcoin poll with 91% of 61,238 votes, reflecting strong support. CoinShares reports $407 million in digital asset inflows, driven by a potential Republican win. With just a week remaining until the highly anticipated 2024 United States Presidential Election, the competition between the two leading candidates has intensified. Needless to say, this year’s…

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BlackRock’s Bitcoin holdings near Satoshi’s – Is a BTC battle brewing?

BlackRock’s Bitcoin holdings exceed 400,000 BTC, valued at $26.98 billion. BlackRock’s Bitcoin ETF sees consistent inflows, surpassing $23 billion in total value. Amid growing speculation that Bitcoin [BTC] ETFs may soon surpass the holdings of Satoshi Nakamoto, BlackRock has hit a significant milestone in its BTC accumulation. Blackrock’s Bitcoin accumulation According to a recent update…

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Shiba Inu: Can Shibarium’s rapid growth push SHIB beyond $0.000017?

Shibarium’s rapid growth and 65,530% burn rate spike underscore SHIB’s increasing value potential. Balanced MVRV and bullish long/short ratio suggest cautious optimism for future price gains. Shiba Inu’s [SHIB] Shibarium ecosystem has rapidly gained traction, boasting a whopping 430 million transactions and a user base of 2 million wallets. These figures spark optimism around SHIB’s…

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Bitcoin, Ethereum options expire: Mixed sentiments as BTC nears ATH

Bitcoin options see bullish sentiment, with rising whales hinting at potential gains in November. Ethereum options show indecision as prices hover near lows, contrasting Bitcoin’s strong momentum. The crypto options expiration, dated the 25th of October, yielded varied results for Bitcoin [BTC] and Ethereum [ETH], according to data from Greeks.live. The expiration event, involving a…

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Bitcoin eyes bullish breakout, but can BTC smash THIS major resistance?

Bitcoin struggled against $67,583 resistance; breaking this level could trigger a move toward $70,000. RSI and MACD show weakening momentum, while rising active addresses suggest potential bullish activity. Bitcoin [BTC] fell below $67,000, reaching an intraday low of $65,700 after losing its overnight gains. Priced at $66,972.95 at press time, it shows a 1.22% decline…

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15K Bitcoin removed from exchanges – Traders preparing for BTC’s rally?

Bitcoin has experienced its largest single-day exchange outflow since mid-September. Open Interest has surged to $20.3 billion, reflecting increased speculative activity. Bitcoin [BTC] has experienced its largest exchange outflows since mid-September, a key signal of increased buying activity as investors take their BTC off exchanges and into private wallets. The data comes as BTC hovers…

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USDT under fresh scrutiny: Impact on Bitcoin’s final Uptober week

USDT saw a surge in activity following regulatory scrutiny.  However, a common trading strategy that could have benefited BTC failed to materialize. The U.S. government has reportedly launched another investigation into Tether [USDT], a move some are calling the latest “Tether FUD” tactic.  The timing raises eyebrows, with some speculating this is an orchestrated attempt…

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Cardano’s new Bitcoin bridge – Enough to push ADA above $0.33?

Cardano formed a strategic partnership with BitcoinOS, enhancing its DeFi landscape Collaboration could be a crucial catalyst for an ADA breakout on the charts Recent discussions have centered around the potential expansion of Cardano’s [ADA] blockchain. Now, those conversations are taking a significant step forward.  In a significant development, EMURGO, the commercial arm of Input…

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Ethereum’s dominance crashes to 13% – A decline to 9% next before 2025 rebound?

Ethereum’s dominance dipped below 14% Short-term net inflows suggested selling pressure, while long-term outflows indicated potential accumulation Ethereum’s (ETH) dominance within the crypto market fell from 18.85% a year ago to 13.36%. This represented a considerable drop in ETH’s share of the total crypto market, as noted by analyst Benjamin Cowen. In fact, the aforementioned drop…

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Whale dumps 9.23 million GOAT, Is the meme coin craze over?

GOAT’s Long/Short ratio stands at 0.928 at the time of writing, indicating strong bearish sentiment among traders. A combination of on-chain metrics and technical analysis indicates that bears are currently dominating the asset. The popularity of Solana-based meme coins has resurfaced with the launch of Goatseus Maximus [GOAT]. This meme coin has attracted significant attention…

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MOODENG surges over 100% after Binance listing: Will the rally hold?

Moodeng skyrockets more than 100% after Binance listing. Liquidation levels suggested a correction is likely before a rally. Moo Deng [MOODENG], a hippo-themed memecoin deployed on Solana, recently saw a strong price breakout following its listing on Binance Futures. As trading volume continues to rise, indicating positive momentum, traders are wondering if MOODENG will maintain…

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