FTX Recovery Trust Unlocks $1.6B for Creditors This Month
The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to…
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ETH Rally To $5K Likely As TradFi, ETF Flows Continue
Key takeaways:Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure.Spot Ether ETFs' growth…
MYX Token’s 1,400% Rally Likely the Result of Market Manipulation
Trading of the MYX token, the cryptocurrency of the MYX decentralized exchange (DEX), featured hallmarks of market manipulation, according to a report from AI…
Nasdaq Firm Targets $500M SOL Reserve As Corporate Crypto Treasuries Boom
Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of…
Bitcoin Price Capped At $117K, Will Altcoins Rally?
Key points:Bitcoin faced significant resistance at $117,500, indicating that the bears are unlikely to give up easily.Several major altcoins tried to break above…
XRP Fails to Break Downtrend But Bullish Plan Remains Valid
Key takeaways:XRP failed to hold $3.12 and faces immediate resistance at $3.30.Onchain data shows strong accumulation between $2.70 to $3.00.Chart fractals…
EU Sanctions Seek to Block Russian Crypto Platforms For First Time
The European Union will include cryptocurrency platforms in its latest financial sanctions against Russia, marking the first time digital asset services are…
Cardano Price Charts Signal a 40% Rally to $1.25
Key takeaways:ADA technical chart setups converge on a price target around $1.25.Cardano’s open interest has rallied to a record high of $1.95 billion, signaling…