The overall cryptocurrency market capitalization has dropped to around $2.86 trillion, near its lowest level in over three years.
Bernstein analysts see a potential bitcoin entry point below $80,000, viewing the current price correction as temporary.
The cryptocurrency market's decline over the past day comes amid wider market uncertainty following new U.S. tariff plans.
Derivatives traders brace for further ether downside in the wake of the Bybit hack, which resulted in $1.5 billion worth of ETH being stolen.
The prior rise in memecoin activity was driven by a pushback against the regulatory crackdown on utility token and NFT projects, they said.
KIP Protocol has released a statement denying any involvement in the initiation or management of the Libra cryptocurrency launch.
A Copper analyst suggests that plans to audit Fort Knox's gold reserves could potentially drive investors toward bitcoin.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin has posted slight gains over the past 24 hours as investors digest the Fed’s cautious stance on inflation and interest rate policy.
JPMorgan analysts say a lack of positive catalysts and fading momentum drive lower demand for bitcoin and ether futures.
Traders are positioning for an Ethereum recovery ahead April's Pectra upgrade as derivatives data shows investor optimism.
Bitcoin remains in a low-volatility regime, with risk-averse traders driving down yields, volumes, and futures premiums, K33 Research said.
Gold prices have increased amid calls for a Fort Knox audit, sparking debates over asset oversight and the potential for blockchain tracking.
"The 13F filings for Q4 show that process is underway," Kendrick said in an email to The Block on Tuesday. "It is happening."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The collapse of the Libra memecoin has prompted some market participants to shelve expectations for a much-anticipated altseason.
Bitcoin's market dominance is now above 60% as while Solana grapples with heightened volatility following the collapse of the Libra memecoin.
Chief among the catalysts is the new Crypto Task Force’s focus on delivering a National Bitcoin Reserve, Bernstein said.
Argentina's President has announced an investigation into the token's launch as a key advisor says he plans to buy back and burn the token.
The CEO of KIP Protocol, a Web3 firm associated with the project, denied profiting from the token in an X space following rug pull accusations.
Negative headlines have caused bitcoin to lose value over the past 5 weekends in a row, but that trend may soon reverse.
President Trump's official memecoin has risen 30% over the last 24 hours, with $3.4 billion of trading volume.
A memecoin sniper earned over $10 million by buying and selling newly launched “Broccoli” memecoins, according to a blockchain developer.
With the DXY in decline and central banks ramping up gold purchases, an analyst weighs the potential implications on bitcoin's price.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
CZ hinting he will unveil his pet dog's name and likeness has ignited a wave of speculation over the potential launch of a new memecoin.
Crypto led Robinhood’s record revenue figures with 487% quarter-over-quarter growth — 733% year-over-year, the analysts noted.
Momentum for a Fed audit is building, driven by social media support for Ron Paul to spearhead the effort and an endorsement from Elon Musk.
BNB has seen strong gains despite a broader cryptocurrency market downturn, as major tokens like bitcoin and ether experience price declines.
In a year or two, the transformation in the crypto market will be “self-evident” and “overwhelming,” Matt Hougan predicted.