Coinbase Support replied to users at X that Solana transactions were delayed due to wallet maintenance or blockchain issues, which the team is fixing.
The Stuttgart Digital Exchange says Germany's Federal Financial Supervisory Authority has granted it a Crypto Asset Service Provider (CASP) license under the MiCA regulation, which comes into effect at the end of 2024. It is the first German company to be granted a license that allows it to operate throughout the European Union.
In its "Bitcoin Monthly" report, ARK Invest said that while Bitcoin's volatility spiked at the end of the fourth quarter, it was "not significant in historical context". Bitcoin's monthly volatility in December was relatively modest compared to its annual volatility, and the low relative volatility is a sign that Bitcoin has not yet entered the frenetic phase of its cycle, meaning further gains are likely, especially in a bull market. "Indeed, these data points suggest further upside in 2025," t...
Fidelity Digital Assets said in its 2025 Outlook report that Ethereum outperforms Solana in the long term due to fundamental factors such as developer activity, total lock-up value (TVL), and stablecoin supply, but Solana has an advantage in the short term due to its rapidly growing transaction speed and low costs. The report points out that Solana's revenue and TVL are growing faster, but its trend of relying on memecoin trading is strong in a bull market and may weaken in a bear market. In con...
Average trading returns are a good indicator of whether "buying low" or "selling high" is really the right time, Santiment said in a post on X. Currently, wallets active in the past 30 days are in the negative range for BTC, ETH, ADA and DOGE, as well as the vast majority of counterfeit products. When MVRV is negative, it means buying or increasing a position, while others are already losing money. Historically, these "blood in the streets" moments are professional...
Crypto Dan, an analyst at CryptoQuant, said in a January 6 article that the bull market, which began in January 2023, is likely to reach a cyclical peak in Quarter 1, 2025, or by the second quarter at the latest. "With a significant influx of new investment and additional funding from existing investors, we can reasonably expect the market to be in the late stages of this cycle right now," the article said. The post said: "Therefore, the expected sharp rise in bitcoin and counterfeit products is...
MoonPay said in a Dec. 30 notice that the Dutch financial marekt authority has granted the cryptocurrency firm a license under the European Union Crypto Asset Market Regulation Act (MiCA) to operate as a licensed crypto business in the Netherlands.
Brentstone, a contributor to the privacy public chain Namada, said in the community forum that the Namada mainnet practice run will be extended until November 28, with mainnet genesis (phase 1) taking place next week (sometime between December 2 and 6).
Futures prices point to an imminent oversupply in the oil market, but active cash market buyers briefly supported prices; the short-term energy outlook sees crude oil inventories increasing in 25 years, putting long-term downward pressure on oil prices > >
Citing a tweet, Santiment said the sharp drop in the number of mentions of the October rally suggested that traders were becoming more pessimistic about making money in the market this month. The lack of optimism (at least) opens the door to a short-term rally.
Gold bulls are waiting for work, paying attention to key positions to break through and point out the direction; Saudi Arabia's production increase news has caused oil prices to fall rapidly, and the key buffer can be found here > >
In its market analysis, 10x Research said that after the Federal Reserve cut interest rates, the market trend has changed significantly, and investors' preference for DeFi and high-beta assets has begun to rise. Several key themes emerged at the Token2049 conference, hinting at the impact of interest rate cuts on the revival of DeFi. For example, the tokenization of physical assets showed that the market demand for tokens on the Treasury chain has decreased, because lower interest rates have mad...
S & P Global Ratings said in a report that it expected US economic growth to slow to 1.8 per cent next year from 2.7 per cent this year. S & P said it expected consumers to rein in spending in the coming quarters. While the Federal Reserve is expected to continue cutting interest rates, S & P said: "We see the coming period of gradual easing as more of a precautionary measure to prevent growth from falling too below potential rather than an immediate stimulus to the real economy." In addition to...
Barclays believes that the Federal Reserve has indicated that it can reduce its balance sheet while lowering interest rates, but recommends an early end to the reduction due to risk management considerations. Barclays still expects the Federal Reserve to end quantitative tightening in December and the FOMC (FOMC) to announce it in November. "In 2019, the scarcity of reserves exacerbated an already tense situation in the repo market, driving funding rates up sharply, causing severe disruptions to...
The Fed announced a 50 basis point rate cut last night and plans two more cuts this year and four more in 2025, QCP Capital said in its latest market analysis. With Powell vague about the size and pace of subsequent rate cuts, everyone will be watching the upcoming jobs data for signs. U.S. 2-year/10-year Treasury spreads, an indicator of recession, have been inverted since July 2022, but have recently increased to + 8 basis points, reflecting market optimism and a shift towards risk-averse asse...