Latest from Shaurya Malwa
Solana, Avalanche Tokens Slide as Bitcoin Traders Target Eye Support at $38K
Over half of the profits accumulated by short-term bitcoin holders have been wiped out, Bitfinex analysts said in a Tuesday note.
FTT Bucks Market Turmoil as FTX Estate Revealed to Be Behind GBTC Sales
FTT was up 11% in the past 24 hours as the broader market tracked by CoinDesk 20 slumped 4%.
Solana, Cardano Lead Crypto Market Lower as Traders Grapple With Bitcoin Headwinds
CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours.
Dogecoin, Floki Bullish Bets Rise on X Payments Speculation
DOGE has the tendency to surge on payments-related developments at any Elon Musk-owned companies, such as X or Tesla. Floki, named after Musk’s dog, moves as a beta bet among midcap traders.
Manta Network Hit by 'DDoS' Attack Amid Token Issuance
The network’s MANTA token went live on Thursday and has reached a $550 million capitalization.
Crypto Bulls Lose $217M Amid Concern About Grayscale Outflows
Bloomberg's Eric Balchunas pointed out that GBTC shares flipped to a 0.9% discount versus net asset value amid "likely due to selling pressure."
BlackRock's Bitcoin ETF Hits $1B AUM in One Week
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows.
TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues
TUSD went as low as 97 cents as Binance data shows traders apparently sold over $300 million worth.
Dogwifhat Zooms to Nearly 50 Cents as Solana Meme Coins Make a Comeback
A bump in network activity and usage could contribute to an upside for Solana’s SOL.
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say
Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.
