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The crypto market was buoyed by a softer than expected CPI print, with bitcoin BTC$111,174.86 rising back above $110,000 as ether ETH$3,930.53 moves back towards $4,000.Positive investor sentiment appears to be strongly aligned with bitcoin, with CoinMarketCap’s “altcoin season” indicator hitting its lowest level in more than 90 days, as bitcoin dominance continues to rise.Derivatives PositioningBy Jacob JosephBitcoin’s 30-day implied volatility, as measured by Volmex’s BVIV index, has eased to 45% from 52% over two days, partially retracing the spike experienced on October 10. This decline signals a soothing of market anxiety alongside a similar reset on Wall Street.Options data…
Crypto industry executives and analysts are speculating whether Binance, the world’s largest crypto exchange by trading volume, will re-enter the United States following the pardon of Binance founder Changpeng “CZ” Zhao on Thursday.“Will do everything we can to help make America the capital of crypto and advance Web3 worldwide,” CZ wrote in an X post after he received a pardon from US President Donald Trump.He also changed his X social media bio from “ex-Binance” to just “Binance” in recent days, adding more fuel to rumors of CZ’s return to Binance and the exchange’s prospects of staging a return to the…
Crypto industry executives and analysts are speculating whether Binance, the world’s largest crypto exchange by trading volume, will re-enter the United States following the pardon of Binance founder Changpeng “CZ” Zhao on Thursday.“Will do everything we can to help make America the capital of crypto and advance Web3 worldwide,” CZ wrote in an X post after he received a pardon from US President Donald Trump.He also changed his X social media bio from “ex-Binance” to just “Binance” in recent days, adding more fuel to rumors of CZ’s return to Binance and the exchange’s prospects of staging a return to the…
Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy.The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels.JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth. The bank estimated that the launch of a Base token could represent a $12 billion to $34 billion market opportunity, with Coinbase’s retained share potentially worth…
Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy.The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels.JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth. The bank estimated that the launch of a Base token could represent a $12 billion to $34 billion market opportunity, with Coinbase’s retained share potentially worth…
[Major Industry News] As market rumors spread about Ripple’s $1 billion acquisition of GTreasury, BlackchainMining, a UK-registered green cloud mining platform, announced the launch of a global incentive program. This program offers a reward pool of up to $77.77 million to XRP holders and new users, ushering in a new era of digital asset appreciation!Say goodbye to the dilemma of holding coins: the moment of wealth awakening for XRP holdersUnlike Bitcoin, XRP is fully distributed from its inception, requiring no traditional mining. This puts many long-term holders in a dilemma: continue to wait for appreciation, or choose the right time…
SEC decision deadline for Cardano and XRP ETFs elapsed this week.The US government shutdown enters its third week.A flood of crypto ETFs is expected in the next six to 12 months.Hopeful investors in crypto exchange-traded funds have seen their dreams of altcoin ETFs securing approval mired in Washington’s political gridlock.This week, the deadline for the Securities and Exchange Commission’s decision on three XRP ETFs and Grayscale’s Cardano ETF passed without any announcement from the SEC.The US Federal Government’s shutdown since October 1 has meant the SEC has been operating at reduced capacity, and ETF approvals are frozen for the time…
Regression model suggests a return to trend midline could lift Bitcoin to $175K, with the upper band targeting $300K. A prominent analyst is pushing back against growing fears that Bitcoin (BTC) is entering a prolonged downturn. The market technician is using historical price models to show that the current weakness is a typical pause within a larger upward trend, setting the stage for a future peak that could exceed $300,000. The Case for a Continued Bull Run In an October 24 post on X, EGRAG CRYPTO pointed to a linear regression model on a logarithmic scale, a tool used…
Cambria, the team behind the popular risk-to-earn game, “Cambria,” has officially launched its non-fungible token collection. This much-anticipated non-fungible token mint has just gone live on OpenSea, the leading non-fungible token marketplace by sales volume, a few hours ago. The Cambria Islands NFT collection has taken down prominent NFTs and become the most traded NFT in the global daily NFT market chart. Cambria Islands Tops Daily NFT Market Chart Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a non-fungible token explorer, tracking non-fungible token collections from more than 20 blockchain networks, indicates that Cambria Islands is the…
Dogecoin’s (DOGE) reputation as a meme coin often overshadows the sophisticated economic design built into its protocol. Despite an annual inflation rate of roughly 3.49%, analysts confirm that the steady increase in supply is intentional and not a bug. This built-in inflation mechanism is designed to promote long-term stability and sustainability, making it a “feature” that keeps the Dogecoin network thriving. Dogecoin’s Controlled Inflation Reinforces Stability Crypto market expert and DogeOS supporter Jimmy has presented a detailed technical analysis, shedding light on Dogecoin’s predictable and carefully structured inflation model. He referenced a former X social media post by SpaceX and…
