The US Justice Department transferred 54.89 billion Shiba Inu (SHIB) tokens seized from FTX, but their value dropped 85% from $1.55 million to about $235,500 during legal proceedings, meaning the government retained only 15% of the original dollar value. Binance founder Changpeng Zhao emphasized Bitcoin's fixed supply as a true inflation hedge, unlike AI which boosts productivity but can't protect purchasing power. Meanwhile, large investors accumulated 70 million XRP tokens worth around $77 million, defending support near $1.08 as XRP price stabilized. The crypto market shows signs of recovery with Bitcoin holding above $65,000 amid easing US inflation and renewed interest in Bitcoin ETFs.
Bitcoin Cash surged 31.2% in 24 hours to $349.63, leading gains in a mostly stable crypto market where Bitcoin held above $86,000 and total market cap was $2.94 trillion. This sharp rise appears driven by targeted investor accumulation rather than br...
Bitcoin's recent rally has pushed prices back into the $85k-$90k range, with short-term holders recovering losses and ETF demand hitting record inflows. The Fear and Greed Index shows 'extreme greed,' signaling high market euphoria that could lead to...
Zcash surged about 10% to over $1,600, outperforming major cryptocurrencies while Bitcoin stabilized near $87,000 following recent gains. The broader crypto market benefited from declining oil prices and Treasury yields, boosting investor confidence ...
Bitcoin is on track to achieve a rare three-month winning streak from July to September, a feat last seen in 2012. The cryptocurrency rose 4.8% in July, 25.2% in August, and is currently up 10.9% in September, trading around $86,140. In 2012, a simil...
Zcash surged 10% to over $1,616, leading major cryptocurrencies higher as Bitcoin held steady near $86,900. The positive momentum follows the US House Financial Services Committee's approval of a bill to create a Strategic Bitcoin Reserve and the SEC...
