Bitfinex released a report saying that Bitcoin saw a stunning rally last week, after briefly falling to a low of $89,698, before recovering to above $100,000. The rally reached a high of $105,800. The 18.2% rally from peak to trough highlights the relative strength of Bitcoin relative to stocks. The recovery was largely driven by active spot purchases, as evidenced by the significant increase in cumulative spot volume increments. The indicator shows...
In response to Jupiter's load issues, co-founder Meow posted on X: "I apologize for the system instability and scaling issues. Over the past few months, the team has been working hard to stabilize and scale all these subsystems, but under extreme market conditions, we obviously still have a lot of work to do. Due to the high volatility in the market earlier, many of our on-chain and off-chain components were affected.
According to an official announcement from Upbit, deposits and withdrawals have been temporarily suspended due to a problem with ADA's blockchain nodes.
Hack VC expects more large-scale acquisitions in 2025, as web2 companies interested in cryptocurrencies are likely to return due to the ongoing bull market. Ed Roman, co-founder and managing partner of Hack VC, said: "These Web2 buyers have been inactive for the past few years due to the NFT crash and FTX crash, but we expect them to return as cryptocurrencies enter peak season again, and since these companies often lack crypto expertise or technology, it is easier to acquire some companies than...
Santiment posted that the cryptocurrency market has seen a trend of whales moving stablecoins to exchanges after the general market decline after Christmas. According to Santiment's top CEX deposit dashboard, there have been seven different Binance deposits in the last 24 hours alone, each worth at least $9 million, including one deposit worth $50 million (2.33% of the total supply). When this dashboard primarily shows stablecoins deposited on exchanges, it is a...
How should gold be positioned in the short term? If a "perfect storm" occurs, oil prices may fall below $50! The threshold for the United States and Japan to rise driven by fundamentals is higher...
According to the official announcement, South Korean exchange Bithumb has seen a large number of XRP withdrawals, causing a temporary withdrawal delay on the exchange.
On December 19th, ByteDance issued a risk warning saying that recently, the capital markets have hyped the phenomenon of "bean bag concept stocks", and there are many exaggerated or even fictional content, involving ByteDance capital expenditure, data center spending, AI hardware, application cooperation and other aspects. Investors are advised not to believe market rumors to avoid unnecessary investment losses.
Gold has not shown a trend signal, and the real explosive market is expected to arrive at this time in 2025! Silver confirms a double-dip breakout, but the upward momentum may be blocked here; the downside risk of crude oil remains high...
At the Emergence conference in Prague, Dragonfly partner Rob Hadick and CoinFund managing director David Pakman expressed caution about projects at the intersection of crypto and AI. Hadick pointed out that investing in AI agency projects is extremely risky, and most investors may lose a lot of money, and said that many decentralized AI projects currently struggle to challenge mainstream centralized players. Pakman added that while AI has the potential to improve the efficiency of crypto develop...
At the Emergence conference hosted by The Block, experts discussed the impending "renaissance" of the stablecoin industry. Regional stablecoins will rise rapidly with the implementation of the European Crypto Asset Market Regulatory Framework (MiCA) and the assumption of pro-crypto politicians in the United States. Vishal Gupta, a former Circle executive, pointed out that the stablecoin market will shift from a dollar-dominated landscape to diversified development, such as stablecoins backing th...
PayPal: There is currently a problem with the system that may affect multiple products; merchants may be facing a high number of errors.
According to on-chain analyst Ember monitoring, half an hour ago, the market had a small correction. Band whale took advantage of the correction to get back on ETH to start his 16th wave: use 34.19 million USDT to buy 10,364.2 ETH at $3,300.