Latest news from the Web3 ecosystem
XRP's price volatility has reached its lowest point in 2024, leading technical analysts to identify key support and resistance levels. The asset's movement now hinges on these critical price points.
House Democrats are seeking answers from Treasury Secretary Scott Bessent regarding World Liberty Financial's pursuit of a national trust bank charter and its stake in the UAE.
Tether's USDT supply is experiencing its most significant monthly decrease since November 2022, as large holders divest their positions.
Bitwise Asset Management asserts Bitcoin's current price significantly understates its value, even as 'extreme fear' characterizes market sentiment. This outlook suggests a potential for substantial upside.
Spot Bitcoin ETFs have experienced substantial outflows totaling $2.7 billion year-to-date, approaching a five-week trend of net withdrawals.
Despite Bitcoin's recent recovery above $68,000, options market data indicates that investor caution, often termed a 'panic premium,' persists. This suggests underlying apprehension even as the asset shows signs of stabilization.
The privacy-focused layer-2 token AZTEC experienced an 82% price surge after being listed on major South Korean exchanges Upbit and Bithumb with local currency trading pairs.
Metaplanet CEO Simon Gerovich has addressed accusations of withholding information regarding the company's Bitcoin transactions and potential losses, as concerns about leveraged crypto treasuries mount among investors.
South Korean lawmakers are criticizing the Financial Services Commission following a significant Bitcoin crediting error by the Bithumb exchange, which has also led to delays in a related probe.
Brad Garlinghouse, CEO of Ripple, expressed confidence in the upcoming CLARITY bill, estimating a 90% probability of its passage by April. This legislation aims to define regulatory frameworks for digital assets.
Bitcoin's mining difficulty has seen its most significant increase since 2021, rising 15%. This adjustment occurred as the network's hashrate recovered to 1 ZH/s, despite a sustained low hashprice.
The decentralized trading platform Parsec has announced its immediate shutdown, citing the challenging conditions within the current cryptocurrency market. This marks the end of its operational journey that began in early 2021.