Upbit operator Dunamu reported a surge in profitability for the third quarter of the year, posting 239 billion won ($165 million) in net income. The figure marks an increase of more than 300% compared to the same period last year, which stood at $40 million, local news outlet Chosun Biz reported, citing regulatory filings with
As Bitcoin (BTC) struggles to hold above the $95,000 support zone, the cryptocurrency appears primed for deeper losses toward the $80,000 region. According to analysis by Ali Martinez, Bitcoin has broken below a key ascending channel, a structure that had supported price action throughout previous months. The breakdown is significant because it signals a shift
According to a recent report by The Information, crypto and artificial intelligence have dominated the US initial public offering (IPO) market. The market saw 51 U.S. tech IPOs, which is a high number of companies successfully going public that raised a combined $16.8 billion. This performance was “well above the average over the past three
With bitcoin drifting under the $100,000 line, plenty of folks are side-eyeing the charts and debating whether this is the opening act of a bear cycle or just a quick dip before one last bull leap. The following is a rundown of five drivers that could lift the bull further and five triggers that could
Baron Capital’s Chairman and CEO, billionaire investor Ron Baron, made important statements about the latest trends in the markets, long-term investment strategies, and Tesla’s future in an interview with CNBC. Baron argued that investors should see the bigger picture and seize opportunities rather than focusing on short-term dips. Ron Baron noted that the market has
Peter Schiff’s latest warning that bitcoin could sink lower has amplified attention as strengthening demand, broadening global adoption, and expanding network activity underscore accelerating momentum that positions the digital asset for interest despite his criticism. Peter Schiff Ramps up Pressure on BTC Investors With Calls for a Shift Into Gold Economist and gold advocate Peter
LunarCrush, a platform that uses artificial intelligence (AI) to analyze digital assets like cryptocurrencies, has revealed the list of Top 10 Layer-1 Projects by social activity. Social Activity consists of Engaged Posts and Interactions. These two measures are used to check the Social activity of cryptocurrencies. Bitcoin ($BTC) leads the Top 10 Layer-1 Projects by
Avalanche took to X on Thursday to highlight a milestone: “Avalanche is the number 2 chain by distributed RWA Value.” The claim is backed by a snapshot from RWA.xyz that paints a clear picture of how real-world assets are spreading across different blockchains, and how competitive the field has become. According to the table, Ethereum
WisdomTree’s head of digital assets, Will Peck, anticipates that exchange-traded funds (ETF) that hold diversified baskets of cryptocurrencies will fill a significant gap in the market in the coming years. “It does seem like that’s going to be one of the next waves of adoption,” Peck told Cointelegraph at The Bridge conference in New York
The Bitcoin price has ostensibly continued down in its bearish direction, which started in the second week of October. After slipping beneath the psychological $100,000 support, worries have surfaced among Bitcoin market participants regarding the broader market structure. Interestingly, the latest on-chain evaluation justifies this worry, as the downside bias for the Bitcoin price seems