Analysts at the crypto exchange Bybit have highlighted factors that contributed to bitcoin ($BTC) recording its worst single-week percentage decline since the FTX collapse in November 2022. According to the report, the decline was not triggered by random panic from the market, but was a result of a structural breakdown that had been building for
The cryptocurrency market has only partially recovered from the major declines of previous weeks, and at the time of writing, Bitcoin is trading at $63,739, having risen by 2.5% in the past week. A significant part of the recovery stemmed from an agreement between Iran and the US that was reportedly going to be signed
The cryptocurrency projects that generated the most revenue in the last 30 days have been revealed. According to the data, stablecoin issuer Tether topped the list with $438.7 million in revenue. Tether was followed by Tron with $242.8 million and Circle with $194.7 million. While stablecoin issuers dominate the top of the list, projects from
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While $USDT and $USDC remain dominant today, he argues that growing competition from banks, fintechs, and new issuers will eventually break the stablecoin duopoly and create a more diverse market built around specific use cases. Key Takeaways: Dragonfly’s Rob Hadick says $USDT and
U.S. President Donald Trump said a peace deal with Iran could be signed on Sunday, setting up a direct clash with Tehran over the timing of the agreement. The claim drew attention across crypto markets because the draft deal is expected to reopen the Strait of Hormuz. Traders are watching whether lower energy stress could
ULTILAND, a well-known blockchain-based RWA issuance protocol, has partnered with PayGo, a popular decentralized payment infrastructure entity. The collaboration endeavors to link artistic value and programmable blockchain payment solutions. As ULTILAND and PayGo mentioned in their official social media announcements, the initiative will explore unique opportunities dealing with tokenized assets, expansion of machine economy, and
In the latest episode of All Things Markets, SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz predicted that the flagship cryptocurrency is poised to reclaim the $70,000 threshold by the end of July 2026. Both investors believe that macroeconomic pressures and upcoming regulatory milestones will be powerful catalysts for a price reversal.
Saudi Arabia’s Kingdom Holding Co., a publicly traded, globally diversified investment holding company headquartered in Riyadh, said the value of its stake in SpaceX has climbed to about $6.83 billion after the aerospace company’s debut on Nasdaq, marking an unrealized gain of roughly $2.36 billion.
$XRP exchange-traded funds (ETFs) have continued to attract fresh capital, outpacing both Bitcoin and Ethereum for five consecutive weeks. Despite an overwhelming blanket of bearish sentiment covering the broader cryptocurrency market, institutional demand for $XRP is growing at a slow and steady pace. $XRP’s continued net flows $XRP ETFs captured a weekly total net inflow