Author: James Wilson

$566M in token unlocks this week may trigger increased volatility and price stress, as crypto markets face weak demand and reduced liquidity. Summary Three major crypto projects are releasing restricted tokens, increasing circulating supply and potentially stressing prices. The week’s unlocks represent one of the month’s heaviest schedules, with clustered events linked to past volatility spikes. Analysts say price impact depends on buyer demand; low liquidity may worsen price movements after these major unlocks. Cryptocurrency markets face potential volatility as $566 million worth of token unlocks are scheduled to enter circulation this week, according to data from blockchain analytics platforms…

Institutional investors withdrew $1.94B from crypto funds in a week, marking the third-largest outflow streak since 2018, per CoinShares data. Summary Crypto funds saw four consecutive weeks of outflows, totaling $4.92B, with bitcoin and ethereum hardest hit. Outflows accounted for 2.9% of total assets under management; year-to-date inflows remain positive at $44.4B. XRP recorded inflows of $89.3M, defying broader negative trends as bitcoin, ethereum, and solana faced withdrawals. Institutional investors withdrew a total of $1.94 billion from Bitcoin and cryptocurrency assets during a one-week period, according to data released by CoinShares. The outflows marked the fourth consecutive week of withdrawals,…

Cardano price stands at risk of dropping to its 2024 lows, with technicals largely pointing to a bearish outlook in the short term. Summary Caradano price has remained in a downtrend for nearly four weeks. Network activity on Cardano has been declining. ADA price has lost a key support area in recent trading sessions. According to data from crypto.news, Cardano (ADA) has continued its downtrend for the fourth straight week, now down nearly 31% from its monthly high and 63% below its highest point this year. The 11th-largest cryptocurrency by market cap has seen its market cap drop to $15.4…

Technical analysis shows Bitcoin dominance at resistance and ETH/BTC near support, often signaling capital rotation and major altcoin rallies in past cycles. Summary Bitcoin dominance nears key diagonal resistance; ETH/BTC trades at historical support, mirroring 2017 and 2021 rally setups. Past altcoin seasons began when these indicators aligned, sparking multi-month outperformance for alternative cryptocurrencies. Analysts warn selling pressure persists and historical patterns don’t guarantee future rallies, but current chart signals suggest a setup. Cryptocurrency market indicators are showing patterns similar to those that preceded major altcoin rallies in 2017 and 2021, according to technical analysis shared by trader Merlijn The…

Ethereum is the second-largest cryptocurrency by market cap, and it looks like it will solidify its position even more in the future. From the moment it was launched, Ethereum has influenced a lot of digital assets, and it has benefited from notable growth, experiencing a 60% price increase in 2023. The ETH price prediction varies, where the short-term forecast prices can be between $2K and $5K in 2024, while for the long-term perspectives, prices can reach up to $20,000 by 2030. So, there is optimism regarding Ethereum’s evolution, which can be impacted by numerous factors, including Layer 2 scaling solutions,…

With today’s rapidly changing marketplace, shoppers now approach buying goods and paying for them quite differently. Indeed, “Buy Now, Pay Later” services enable consumers to spend their money with greater flexibility. Afterpay has been at the forefront in this area through ensuring ease of use on its website and offering payment in installments interest-free. However, the BNPL market is growing, with many competitors that offer unique features and advantages to fit diverse consumer needs. We explore the top 8 Afterpay alternatives and competitors in 2024. What is Afterpay? Afterpay is a financial technology company providing BNPL service, which allows buyers…

AscendEx, previously known as Bitmax, is the global crypto exchange platform, which supports over 100 cryptocurrencies, including BTC, ETH, LTC, DOGE, etc. This article will focus on staking services — AscendEx Staking (Bitmax Staking), Defi Yield Farming, and other features like Curve (Polygon) Yield Farming. Summary (TL;DR) Staking is a way to earn digital asset mining rewards without investing in expensive hardware having high processing power.AscendEx Staking supports instant unbounding, which allows users to un-stake assets to place orders or withdraw immediately.AscendEx offers around 50 staking projects like DOT (Polkadot), ASD (AscendEx Native Token), ATOM (Cosmos), CUDOS (Cudos), BOND (Bonded Finance), SWINGBY…

Key Takeaways:  Coinbase granted U.S. permission to list crypto futures after a two-year application process. Coinbase Financial Markets authorized as a Futures Commission Merchant (FCM) by the National Futures Association (NFA). In an unforeseen development for the cryptocurrency world, Coinbase, a leading digital currency exchange, has received regulatory approval to introduce crypto futures trading within the United States.  This decision comes as a result of Coinbase’s successful engagement with the National Futures Association (NFA), a key regulatory body overseeing derivatives markets. This entitles the company to function as a Futures Commission Merchant (FCM), enabling it to provide investments in cryptocurrency…

There is a lot of hype in the crypto market about automated cryptocurrency trading bots. For people asking, “What is a Crypto Trading Bot?” Well, a bot is a software program that performs a specified set of tasks within some defined rules, and so, a crypto trading bot is a software program that conducts trading within the rules defined by traders. Moreover, since it’s a software program, it runs automatically after the initial setup. Check out these 16 Best Paid and FREE Crypto Trading Bots. Why do we need Crypto trading bots? The answer is pretty simple; crypto bots overcome…

A prop trading firm is a company that gives individual traders a chance to trade using the firm’s money, rather than having to risk all of their own capital. In the futures space, this means trading contracts on assets such as indices, commodities, and currencies, using the firm’s account after passing an evaluation. How Futures Prop Trading Firms Work? Traders first sign up for an evaluation or challenge offered by the prop firm. They trade on a simulated (demo) account following strict rules such as profit targets and drawdown limits. The goal is to prove trading discipline, strategy, and risk…