Curve Finance has executed a significant proposal, with the announcement made via Twitter by the organization itself. The tweet expressed gratitude to voters and highlighted the next steps for the decentralized autonomous organization (DAO). This proposal’s successful passage reflects active community engagement and governance within Curve Finance, as detailed in their official tweet. Inside the […]
Traders scanning the order books got a surprise when Binance reported over 166,000 Ethereum withdrawal transactions in a single day, marking a peak not seen in three years. This surge could signal shifts in market sentiment as users react to the current crypto landscape, increasing demand for Ethereum, as highlighted by CryptoQuant.com. More details can […]
CryptoQuant.com recently highlighted a critical shift in the altcoin market, reporting that sell pressure has reached a multi-year low. According to their analysis, the cumulative buy/sell volume difference for altcoins, excluding Bitcoin and Ethereum, has hit a five-year extreme and has now fallen even lower. This observation raises important questions about the market’s current dynamics […]
Iran’s toll enforcement in the Strait of Hormuz could escalate regional tensions, impacting global oil trade and diplomatic relations. The post Iran enforces tolls in Strait of Hormuz amid US-Iran tensions appeared first on Crypto Briefing.
ARK Invest recently tweeted a forward-looking statement, encouraging stakeholders to focus on future innovations with its ‘Big Ideas 2026’ initiative. The tweet emphasized the importance of not just chasing past trends, but rather embracing new opportunities. This announcement can be found in detail on the official source here. The Latest The crypto market just witnessed […]
Uniswap has announced that its DualPool hook is currently undergoing audits and will be open-sourced once completed. This development comes as part of Uniswap’s ongoing efforts to enhance market structures in decentralized finance (DeFi). For more details, refer to the official announcement here. Key Takeaways Uniswap, announces DualPool hook undergoing audits, effective_date: TBD Price Action […]
Berserker’s breakthrough win highlights the potential of strategic international talent acquisition in reshaping North American esports dynamics. The post Berserker leads LYON to matchpoint with career first win appeared first on Crypto Briefing.
Revolut has officially announced via app notifications and emails that it will delist USDT effective August 31. Users can purchase USDT until July 6, after which the platform will no longer accept new USDT transactions. This announcement was shared by Wu Blockchain on Twitter, highlighting a significant change for users of the platform. Breaking It […]
Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said.The Bitcoin realized P&L ratio — which measures the net percentage of Bitcoin (BTC) in profit or loss relative to total supply — hasn’t fallen this low since December 2022, shortly after FTX shockingly collapsed and sent Bitcoin below $16,000.“Historically the indicator has marked BTC bottoms with extreme precision,” CryptoQuant said on Thursday. In 2015 and 2019, the Bitcoin realized P&L ratio also fell below -0.35 before price rallies followed. Change in Bitcoin’s P/L ratio since 2012. The data was taken when Bitcoin was trading at $59,000. Source: CryptoQuantThe data could lift market sentiment, which has repeatedly fallen to near-record lows during the course of Bitcoin’s latest 50% drawdown from $126,080, set in October. Market sentiment has risen cautiously over the last 10 days, with Bitcoin up more than 7% since tanking to a near two-year low of $58,190 on June 25.Many analysts blamed that drop on Strategy — the largest corporate Bitcoin holder — after its top perpetual preferred stock offering, Stretch (STRC), broke from its $100 par value to below $75, raising fears that its dividend model was unsustainable.Related: Crypto Biz: Bitcoin maximalism meets the realities of capital markets On Thursday, Bitwise chief investment officer Matt Hougan said the STRC incident squeezed out excess leverage and likely moved the market one step closer to a bottom.“As the market continues to sort things out, I’m convinced the bottom is closer than ever — and that we will enter a new bull market in the fall.”Don’t wait for the bottom, analyst saysSwan Bitcoin analyst Adam Livingston noted that Bitcoin is currently trading only 16% above the realized price — the network’s aggregate on-chain cost basis — a level that has historically coincided with strong forward returns of 41% at six months and 81% at 12 months.Livingston acknowledged that buying Bitcoin right now “feels awful,” but that’s precisely why it’s trading at a discount, he argued.“Waiting for ‘the bottom’ is a wonderful plan with one flaw. The bottom never announces itself,” Livingston said, recommending investors buy now rather than overpay at the top.Magazine: Bitcoin slides to $58K, XRP hits $1 but onchain data promising: Market Moves Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
In a Brazilian Congress hearing, Fábio Araújo, consultant for the Financial System Regulation Department (Denor), stressed that, unlike other crypto assets, stablecoins have specific traits that would be better regulated if they were classified as monetary instruments instead of as digital assets. Central Bank of Brazil pushes for electronic money regulation for stablecoins The debate […]
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