Jupiter's market cap has soared by 87% to $3.5 billion following a substantial airdrop of 700 million JUP tokens claimed by 503,000 wallets. This airdrop is part of Jupiter's strategy to deepen user engagement and decentralize its operations. The platform also announced a massive $3 billion token burn and a buyback program to boost token […]
Dogecoin (DOGE) could be on the cusp of a significant price move that might ignite a powerful short squeeze, according to analyst Ali Martinez (@ali_charts). He pointed out on January 27, via X, that “$766.45 million in short positions will be liquidated if Dogecoin DOGE rebounds to $0.35,” implying that bearish traders stand on precariously […]
Eight of the past twelve months of February going back to 2013 have seen double-digit gains for Bitcoin, according to Coinglass. The average gain for the second month of the year is 15.6%. Moreover, only two Februaries over the past twelve years have been months of decline, namely in 2014 and 2020. The asset remained […]
TL;DR XRP saw a significant 12% recovery, regaining momentum and outperforming many major cryptocurrencies. Check out some of the possible factors that may have fueled the pump. What’s Driving the Surge? Ripple’s native token took a major blow on January 27, with its price dropping from over $3.10 to below $2.80 in a matter of […]
The recent launch of DeepSeek, a Chinese artificial intelligence model, has stunned the U.S. stock market. It particularly impacted tech-heavy indices like the Nasdaq, which closed down 3.1% on Monday. Why were markets left reeling? This new AI assistant boasts lower operational costs compared to American counterparts such as ChatGPT and has topped Apple Store […]
In the past day, Cardano (ADA) has seen a 14% retrace amid the crypto market’s pullback. The cryptocurrency recently saw its price lose the $1 mark, descending below $0.90 on Monday morning. Despite the drop, some market watchers shared a positive outlook for ADA, asserting that a rebound to $1.30 could be around the corner. […]
On 31 January 2025 at 04:00:05 UTC, BitMEX will update the Index Multipliers of basket indices. The Index Multipliers will be scaled based on the Conditional Index Multipliers below to ensure that the index price has the same value as the previous Index Multipliers. Please refer to the respective index pages for the actual Index […]
Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael […]
On-chain data shows a Dogecoin whale has withdrawn a large sum from the cryptocurrency exchange Binance, a sign that may be bullish for the DOGE price. Dogecoin Whale Makes Massive Binance Withdrawal After Crash According to data from the cryptocurrency transaction tracker service Whale Alert, a massive transaction has been spotted on the Dogecoin blockchain […]
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed […]