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Author: James Wilson
Multiple cryptocurrency wallets that used to store Libra meme token funds have resumed operations after several months of inactivity to buy Solana using stablecoins during market downturns, according to blockchain tracking data. Summary Multiple wallets that were previously inactive after the collapse of the Libra meme token have started buying Solana using stablecoins during market downturns. The wallets, which were tied to a failed token project endorsed by Milei, are under scrutiny due to their association with the token’s rug pull and ongoing legal issues. Major investors bought large amounts of Solana, leading to significant market movement and changes in…
Crypto exchange KuCoin has entered the Australian market with a new office in Sydney as it continues to grow its global footprint. Summary KuCoin has opened a new regional headquarters in Sydney. James Pinch, a former executive at OKX and CMC Markets, has been appointed managing director to lead the Australian operations. KuCoin launched in Thailand earlier this year. According to the official Nov. 17 press release, the Sydney office will serve as the exchange’s regional headquarters while it tries to establish its presence in one of the world’s most closely watched and fast-evolving crypto markets. KuCoin will begin hiring…
Crypto prices continued their downtrend on Tuesday, Nov. 18, as Bitcoin dipped to a nearly 7-month low and altcoins bled, with crypto liquidations topping $1 billion. Summary The crypto market fell over 5% on Tuesday amid the ongoing bear market. Bitcoin’s drop below $90k amid other macroeconomic concerns triggered the losses. The Crypto Fear and Greed Index has dropped to its lowest level since February. Bitcoin (BTC), the world’s largest crypto asset, sharply fell from $95,903 to an intraday low of $89,455, its lowest level since April. Trading at $89,812 when writing, it is down 5.1% in the past 24…
Can Bitcoin regain momentum after forming a death cross, or will the setup echo the extended weakness seen in 2022? Summary Bitcoin has formed a death cross after falling below its 50-day and 200-day moving averages. Analyst Ali Martinez points to historical cycles and MVRV data to outline possible lower levels if weakness continues. Egrag Crypto disagrees, arguing that moving averages have lost reliability and that the market remains intact above long-term support. Bitcoin has entered a technical pattern commonly known as a death cross, as its short-term moving average has fallen below its long-term moving average. The formation appeared…
Hyperliquid price showed strength despite the broader market sell-off on Tuesday. However, multiple bearish patterns forming on the daily chart signal a potential crash may be on the horizon. Summary Hyperliquid price bucked the bearish market trend and rallied over 6% today. The rally was supported by project-specific developments. Bearish patterns, such as a head and shoulder and a death cross, formed on the daily chart. According to data from crypto.news, Hyperliquid (HYPE) rose 6.1% in the past 24 hours to settle at $40.4 at last check on Nov. 18, afternoon Asian time. The 15th-largest crypto asset, with a market…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Blockchain developers have been banging on for years about the need to decentralize the web with the goal of mainstreaming more robust, shock-resistant systems. Decentralized infrastructure, they insist, offers greater redundancy by eliminating reliance on the monopolistic providers that currently form the backbone of the internet. Summary The AWS outage on October 20 revealed how dependent the internet is on a few cloud giants—causing global disruption and highlighting the dangers of single points of failure. Blockchain-based infrastructure…
Bitcoin price stabilized today, Nov. 18, as investors bought the dip and waited for the upcoming FOMC minutes and Nvidia earnings. Summary Bitcoin price has crashed to its lowest level since April. The Crypto Fear and Greed Index has moved to the extreme fear zone. Technical analysis suggests that Bitcoin is about to bottom. Bitcoin (BTC) rose to $93,700, up modestly from this week’s low of $88,790. It remains in a deep bear market after falling by ~26% from its year-high. Crypto Fear and Greed Index A potential catalyst for BTC’s price is the ongoing crash, which has driven market…
A growing political storm is brewing around World Liberty Financial, as Senators Elizabeth Warren and Jack Reed call for an investigation into the Trump family’s crypto company over alleged ties to high-risk foreign actors. Summary Watchdog report claims WLFI tokens reached wallets tied to North Korea, Russia, Iran, and Tornado Cash. Trump-affiliated entity holds 22.5B tokens, receiving 75% of sale proceeds. Senators warn WLF may lack strong AML and sanctions controls. World Liberty Financial (WLFI) — one of the most prominent and controversial crypto ventures in the U.S. — is backed and operated by several members of the Trump family.…
ICP, HYPE, ASTER Gain as Bitcoin Falls Below $90,000 Bitcoin fell below $90,000, hitting its lowest level in seven months, with most major cryptocurrencies losing value. Despite the market slump, ICP, HYPE, and ASTER posted notable gains, defying broader crypto declines. The total crypto market capitalization slid sharply, but weekend trading was quieter, with select altcoins showing resilience. Bitcoin experienced continued price declines over several days, dropping below $90,000 in recent trading, according to market data. Most altcoins followed the downward trend, though several tokens posted gains against the broader market movement. The primary cryptocurrency entered November at elevated levels…
Analysts shift 2025 XRP outlook as funds eye liquidity models. Summary Institutional funds are now valuing XRP based on liquidity, compliance, and infrastructure maturity, rather than brand recognition or hype cycles. XRP Tundra implements DAMM V2, introducing features like exponential fee scheduling, NFT-based liquidity positions, and permanent liquidity locks to stabilize early market phases. The project roadmap includes GlacierChain for XRPL Layer-2, enhanced governance via TUNDRA-X, audited security, and a dual-token system to foster cross-chain and staking innovations. Cryptocurrency analysts have begun revising their 2025 market outlook, with XRP appearing prominently in several pricing models, according to recent industry reports.…
