Cryptocurrency Remittances Spike 40% in Latin America
Cryptocurrency Remittances Spike 40% in Latin America
According to a report by Chainalysis and AUSTRAC, cryptocurrency rails for remittances are booming in Latam. This use case, which previously struggled to gain momentum, is currently experiencing significant growth, with volumes increasing by over 40% in 2024 and the potential for further growth as stablecoins go mainstream. Cryptocurrency Remittances Grow 40% in Latam With […]
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Bitcoin Coils Toward Key 4-Hour Inflection — Breakout Or Breakdown?
Bitcoin is approaching a key inflection point on the 4-hour chart, where recent price action has begun to tighten within a narrowing range. This area marks a crucial junction that could determine BTC’s next move. As momentum fades and volatility compresses, whether bulls reclaim control or bears push prices lower, this setup demands attention. Support […]
Corporate Bitcoin Holdings a ‘Blessing’ Now, Challenge Later, Says Roxom CEO
Roxom Global CEO Borja Martel Seward has warned that when the bull market eventually ends, it could trigger a bearish phase, potentially causing some bitcoin treasury companies to struggle. Bull Market to Persist for Months As global macroeconomic uncertainties continue to ripple through traditional financial markets, the bitcoin landscape is charting its own course, presenting […]
Ethereum Whale Snaps Up $127 Million In ETH Amid Market Crash
While fear grips the broader crypto market and many traders are panic-selling their Ethereum holdings, one whale is taking the opposite approach, snapping up as many ETH tokens as possible amid the market crash. New data from blockchain analytics platform Lookonchain reports that this Ethereum whale has just scooped up a staggering $127 million worth […]
Sonic Integrates Bubblemaps V2 to Enhance Onchain Intelligence
Responding to the surging demand for transparency in decentralized finance (DeFi), Sonic Labs is boosting its onchain intelligence by integrating Bubblemaps V2, giving users better visibility into wallet behavior and token flows. Deeper Visibility into Wallet Behavior and Token Flows Sonic, the high-performance EVM blockchain, is significantly bolstering its on-chain intelligence capabilities through the integration […]
Bitcoin Trapped Below Key SMAs As Bears Hibernate At $105,148 – Will Bulls Wake Up?
Bitcoin finds itself on the back foot once again, retreating below crucial short-term moving averages as bearish forces tighten their grip. Trading around $105,148, BTC has slipped beneath both the 25-period and 50-period SMAs, signaling a shift in short-term momentum. With key indicators leaning in favor of the bears, the bulls are now left defending […]