US President Donald Trump’s namesake meme token has tumbled hard, slumping nearly 90% from its all-time high set six months ago. Today, TRUMP is trading at $8.80, down 6% in the last seven days. Traders are on edge after the project’s team yanked $4.4 million in USDC from liquidity pools and a single whale lined…
Tag: crypto
Bitcoin Net Taker Volume Spikes as Billions Exit Derivatives, What Going On?
Bitcoin has regained some upward momentum, with its market price currently hovering around $107,155 at the time of writing. This marks a 0.4% decrease in the past 24 hours, and a 4.3% drop below its all-time high of $111,000, set in May. Despite the rebound, analysts are closely watching for potential shifts in momentum as…
World Liberty Financial Receives $100 Million from UAE Crypto Investment
A fund based in the United Arab Emirates (UAE) has announced a significant investment of $100 million in the Trump-backed decentralized finance (DeFi) platform World Liberty Financial, and its native token WLFI. The investment was confirmed in a joint statement by Aqua 1 and World Liberty Financial, highlighting the collaboration as a step towards developing…
XRP Price Declines Back To $2 As Legal Dispute With SEC Continues
The XRP price experienced a significant decline on Thursday following new developments in the ongoing legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC). Judge Analisa Torres’ decision to deny the joint motion from Ripple and the SEC for an indicative ruling halted the XRP price recovery as it aimed to…
Bitcoin Short-Term Holder Floor Rises Toward $100,000, Reinforcing Bullish Sentiment
Following a quick drop to nearly $98,000 over the weekend, Bitcoin (BTC) has recovered most of its recent losses and is now trading above $107,000 at the time of writing. Fresh on-chain data suggests that the short-term holder (STH) floor for BTC has been steadily rising toward the $100,000 level. Bitcoin STH Floor Approaching $100,000…
Bitcoin Eyes $120K? Analyst Reveals What Comes After BTC’s 50-Day EMA Breakout
Bitcoin has resumed its upward movement, maintaining strength above the $107,000 level as market momentum builds toward the asset’s recent all-time high above $111,000. As of this writing, BTC is trading at $107,242, reflecting a 1.3% gain over the past 24 hours and a 2.7% rise in the past week. The market’s rebound comes after…
Fast-Tracking A Bitcoin Rally: Expert Identifies 3 Bullish Catalysts
The cryptocurrency market is currently experiencing heightened volatility, particularly with Bitcoin (BTC) fluctuating dramatically. Recently, the price dipped below $99,000 before rebounding to over $106,000 within a span of just 24 hours. Bullish Bitcoin Setup Amid Geopolitical Tensions In a recent post on social media platform X (formerly Twitter), analyst Cyclop suggested that despite the…
Trump’s Truth Social Officialy Files For Bitcoin And Ethereum ETFs With NYSE
Trump Media and Technology Group Corp (TMTG) has officially filed for its second crypto exchange-traded fund (ETF), focusing on Bitcoin (BTC) and Ethereum (ETH), as detailed in a recent filing to the Securities and Exchange Commission (SEC). Trump Media Files For Second Crypto ETF If the SEC approves this new investment product, it will trade…
Crypto Rally Or Crash? Powell Just Made July The Market’s Make-Or-Break
Federal Reserve Chair Jerome Powell’s appearance on Capitol Hill Tuesday left risk-asset traders with a single, binary question: does the most interest-sensitive summer in years end with a crypto breakout or a macro-driven crash? In a prepared statement, Powell stressed that “inflation has eased significantly from its highs in mid-2022 but remains somewhat elevated,” adding…
Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else
Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past…