OKX has announced the launch of the OKX Card in Europe, expanding its payments footprint across the European Economic Area. The product allows users to pay with stablecoins at merchants that accept Mastercard, positioning crypto balances for direct everyday use rather than requiring prior conversion or preloaded fiat balances. Related Reading: XRP Derivatives Reset: Open Interest Drops Nearly...
The idea of the XRP price reaching $100 is usually dismissed almost instantly based on arguments of market capitalization and circulating supply. On paper, that math suggests a $100 value would imply a market cap valuation of at least $6 trillion, which is a figure many see as unrealistic when compared to today’s crypto market. Nonetheless, a few XRP enthusiasts are of the notion that such a...
Arthur Hayes says Bitcoin’s next leg higher is less about crypto-specific catalysts and more about whether US policymakers are forced to respond to mounting stress in Japan’s currency and government bond markets. stress he argues will ultimately translate into fresh dollar liquidity. In his latest essay, “Woomph,” published Wednesday, Hayes frames the recent yen weakness and a selloff in...
A rising share of shops in the US are now taking crypto at checkout. That shift is small in some places and big in others, but it is real. Reports say that roughly four in 10 US merchants accept cryptocurrency today, and customer interest is a clear reason why. Related Reading: Record Pain: Bitcoin Investors Suffer $4.5B Loss, Most In 3 Years Merchant Demand Is Rising According to a new survey...
The Bitcoin price is under increasing pressure ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting, which has historically corresponded with big price movements in the market’s largest cryptocurrency. Rate Cut Odds Fade The Federal Reserve (Fed) is widely expected to leave interest rates unchanged at this meeting. Economists surveyed by financial data provider FactSet...
A Glassnode analyst has pointed out how Ethereum is retesting a dense supply cluster that could set the tone for where the cryptocurrency heads next. Ethereum Is Trading At A Dense Level On The CBD In a new post on X, Glassnode analyst Chris Beamish has talked about how Ethereum is looking from the perspective of the Cost Basis Distribution (CBD). The CBD is an on-chain indicator that tells us...
Crypto analyst Matt Hughes is arguing the global liquidity cycle is stretching well beyond its usual rhythm and that the extension is precisely why staying structurally bearish on crypto has been so punishing since 2020. Hughes, who posts as “The Great Mattsby,” said Monday that the cycle is “now ~6 years strong post-2020 with no clear peak in sight as of early 2026,” framing the move as...
Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $128 zone. SOL price started a decent recovery wave above $122 and $125 against the US Dollar. The price is now trading above $125 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $124 on the hourly chart of the SOL/USD pair...
Reports note that Bitcoin holders realized large losses as prices slid, and the headline number is hard to ignore. According to on-chain tracker CryptoQuant, about $4.5 billion in net losses was recorded on January 23. Related Reading: Bitcoin Influencers Get Spotlight In X’s New ‘Starterpacks’ That number reflects moved coins sold at prices lower than when they were bought. It is a big transfer...
XRP price failed to surpass $2.00 and started another decline. The price is now correcting gains and might struggle to stay above $1.860. XRP price started a downside correction and tested the $1.90 zone. The price is now trading near $1.890 and the 100-hourly Simple Moving Average. There is a declining channel or a possible bullish flag pattern forming with support at $1.860 on the hourly chart...