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Markets
Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.
Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says
U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.
Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound
Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.
WOO X Now Lets Traders Bet on Upcoming Tokens
The ORDER token of Orderly Network, an on-chain liquidity provider, is being offered as the first on the market, with prices down 5% since its listing at 08:00 UTC.
Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K
According to a blockchain data tracking service, Jump Trading moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.
Solana-Based Memecoins Surge as SOL Jumps 38% From Monday's Lows
The memecoins on the Solana network rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.
Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack
“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post.
Bitcoin's Death Cross Is Looming Again
Indicators like the death cross are inherently lagging and offer limited predictive power.
Ethereum ETFs Scored $49M Inflows as ETH Plunged
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.
