Polygon’s sharp sell-off may be nearing its end as exchange reserves plunge and network activity rises, hinting at a quiet build-up toward recovery. At the time of writing, Polygon was trading at $0.1809, down 12% over the previous week and…
btcmanager.com
Changpeng Zhao refutes claims of a crypto bank launch in Kyrgyzstan [btcmanager]
Binance founder Changpeng Zhao has distanced himself from rumors linking him to the launch of a crypto bank in Kyrgyzstan. Changpeng Zhao (CZ), the former CEO of Binance, has publicly denied claims suggesting he proposed the creation of a private…
Chainlink price risks sharp drop to $11 as symmetrical triangle support gives way [btcmanager]
Chainlink price is testing a critical support level as bearish technical signals emerge, raising the risk of a breakdown toward the $11 zone. Chainlink price technical analysis Chainlink (LINK) price has just wicked below the ascending trendline support, which marks…
Hong Kong allows crypto exchanges to tap global liquidity under new rules [btcmanager]
Hong Kong’s top market regulator wants to allow licensed crypto platforms to tap into global order books to spur market activity, which has been relatively muted compared to more active hubs like the United States in recent years. Hong Kong…
Ethereum momentum slows as BitMine becomes main buyer [btcmanager]
Matrixport predicts that the Ethereum price may continue to consolidate as ETH ETFs lose steam and BitMine continues to be its main consistent buyer. According to a recent report by Matrixport, institutional demand for ETH has gone down in the…
Why is crypto market down today? (Nov. 3) [btcmanager]
Crypto markets tanked on Monday, Nov. 3, after a wave of liquidations wiped out nearly $400 million in leveraged positions. Global market capitalization slid 3.1% over the last 24 hours to $3.69 trillion. Bitcoin (BTC) dipped 2.3% to $107,901, while…
Why is crypto market down today? (Nov. 3) [btcmanager]
Crypto markets tanked on Monday, Nov. 3, after a wave of liquidations wiped out nearly $400 million in leveraged positions. Global market capitalization slid 3.1% over the last 24 hours to $3.69 trillion. Bitcoin (BTC) dipped 2.3% to $107,901, while…
Solana price sinks below $180 despite $199m weekly ETF inflows [btcmanager]
Solana price is sliding even as new ETF products tied to the token draw hundreds of millions in fresh capital, highlighting a widening gap between institutional inflows and price performance. Solana price is currently trading at $177.15, marking a 5.25%…
Bitcoin price slides below $108K as Binance data shows falling bullish momentum [btcmanager]
Bitcoin fell below $108,000 as rising reserves on Binance and cooling institutional demand indicate a loss of short-term momentum. Bitcoin was trading at $107,607 at press time, down 2.7% in the past 24 hours. The asset has moved between $106,786…
Aster price gains 30% amid CZ’s $2M purchase but whale shorts signal caution [btcmanager]
Aster price rose sharply after Binance co-founder Changpeng Zhao disclosed buying 2.09 million ASTER tokens, worth roughly $2 million, at around $0.91 per token on Nov. 2. The token experienced a brief 35% surge, peaking at $1.26, before a slight…