Bitcoin is currently navigating rough waters, facing a significant downtrend that has resulted in over $260 million in long liquidations within the past 24 hours. This decline isn't just an isolated event; it often sends ripples throughout the cryptocurrency market.Â
Emotion and sentiment play a crucial role in the crypto universe. The Crypto Fear & Greed Index, which measures these sentiments, recently hit its lowest level in a year and a half, stabilizing at 27. This figure reflects extreme fear among investors, a stark contrast to the extreme greed seen last March. What does this drop mean for the Bitcoin market and other major cryptocurrencies? Let's delve into the details to understand the implications of this index and what it holds for the future.
Tether (USDT) has recently crossed a historic milestone in the crypto market, leaving Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Solana (SOL) far behind in terms of 24-hour transaction volumes. This outstanding performance highlights the growing importance of stablecoins in an ever-evolving crypto ecosystem. Facing increased volatility and broadening adoption, USDT is emerging as a key player, reshaping liquidity and trust dynamics in digital financial markets.
In a context of fierce international competition, Brazil has adopted a new policy that could well redefine its trade relations with a long-standing partner, China. This initiative affecting the Middle Kingdom with which it shares the BRICS bloc is part of a series of measures aimed at protecting local industries, facing a significant economic challenge. The implications of this decision promise to be vast and profound.
The German federal government is not responsible for this widespread liquidation of Bitcoin! Here is the culprit.
The crypto universe is gearing up for a major event: the launch of the Solana ETF, scheduled for March 2025. This news comes as the market begins to recover from recent turmoil. Solana (SOL), in particular, has seen a significant increase of 6.36% in the past 24 hours, outperforming many other assets.
After a sharp rise, Shiba Inu undergoes a significant correction in its price. Let's examine together the future prospects for SHIB.
The Bitcoin ETFs are attracting record net inflows! This is driving up the price of BTC despite market volatility.
After a dramatic drop, Bitcoin rebounds and reaches $59,400. This impressive recovery comes despite significant sales of BTC by governments and concerns about the distribution of Mt. Gox's estate. Let's explore the factors behind this resurgence and what it means for the future of Bitcoin.
The Bank of Italy announces the imminent publication of its crypto guidelines, marking a crucial step in the implementation of the European Union's MiCA regulation. Governor Fabio Panetta promises a forthcoming clarification of the regulatory framework.