Bitcoin’s recent performance has raised eyebrows among investors and traders alike. After a momentary surge above the 100-day moving average, the cryptocurrency faced a sharp rejection, indicating that the bullish momentum is all but absent. This false breakout signals not only a frailty in market sentiment but also a growing concern for the future trajectory
Crypto
Ethereum (ETH) has rapidly devolved from a beacon of innovation within the cryptocurrency world to what some are calling a “financial zombie.” The rhetoric surrounding ETH’s viability as an investment has grown increasingly critical, with prominent voices like Quinn Thompson labeling it “completely dead.” At the crux of this disillusionment is a stark decline in
In the world of cryptocurrency, resilience is a prized trait, but HyperLiquid’s recent risk management struggle has unveiled a shocking vulnerability that even the most astute traders must grapple with. The significant incident surrounding the Hyperliquidity Provider (HLP) vault and its JELLY perpetual contracts exhibits the perilous nature of trading in volatile markets. This incident
In an astonishing twist, Cronos (CRO) has shown a remarkable leap of nearly 11% within just 24 hours, briefly surpassing the $0.11 mark on March 28th. This surge of excitement, however, is more akin to a double-edged sword. While the current stabilization at around $0.10 still reflects significant weekly gains of nearly 40%, the broader
The cryptocurrency landscape is a volatile and unpredictable arena, evolving at breakneck speed. Right now, the Curve DAO token (CRV) is garnering attention, seemingly on the cusp of a breakout. However, this potential isn’t solely dependent on its own performance but heavily tied to Bitcoin’s (BTC) trajectory. If history is a guide, those who place
In a world increasingly dominated by digital currencies and decentralized finance, the striking case surrounding Infini and its staggering $50 million hack serves as a harsh reminder of the vulnerabilities inherent in the blockchain space. On February 24, a crippling breach was reported, initially perceived as an external hacking incident. However, as investigations deepened, a
The cryptocurrency market has often served as a double-edged sword—on one side, it beckons with the allure of revolutionary technology and rapid wealth creation; on the other, it bears the scars of speculative bubbles and the disillusionment of countless investors. Enter Pi Network, a project that debuted with tremendous fanfare yet has rapidly exposed the
On March 23, a cryptocurrency whale experienced a monumental setback, suffering a staggering loss of $207,000 within just one hour after indulging in the Official Trump (TRUMP) meme coin. This case serves as a critical reminder of the volatility pervasive in the world of digital currencies. This particular investor had an earlier fortune, transforming an
Last week’s crypto market witnessed a dramatic surge as Ripple’s XRP responded vehemently to a pivotal shift in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). With the SEC reportedly retracting its appeal against Ripple, the token’s price leaped to an impressive $2.60. This spike, though, was short-lived, and XRP’s current
In the fourth quarter of the previous fiscal year, Helium’s native token, HNT, recorded a staggering 20% decline in circulating market capitalization. This sharp decrease from $1.3 billion to $1.0 billion and a corresponding drop in token price from $7.54 to $5.88 should raise alarm bells for investors and enthusiasts alike. These figures reflect more
