Category: Peer to Peer

Bitcoin miners are facing a widening gap between production costs and market prices, yet data shows a marked slowdown in selling activity, raising questions about strategy and resilience across the sector.Bitcoin has been trading near $68,000, while estimates of the average cost to mine a single coin have climbed towards $85,000 or higher for many operators. The divergence has been driven largely by a sharp rise in energy prices, with crude oil approaching $100 per barrel and electricity costs following

Concerns over the practical use of XRP have resurfaced after Evernorth chief executive Asheesh Birla said sustained demand for the digital asset will depend on banks adopting it as working capital rather than treating it as a speculative instrument.Birla’s remarks come amid renewed scrutiny of XRP’s real-world adoption, with market participants questioning whether the token’s usage aligns with its original proposition as a bridge currency for cross-border payments. While Ripple, the company closely associated with XRP, has secured partnerships with

Pi Network’s digital token is facing sustained downward pressure, with its price falling about 5 per cent over a 24-hour period to hover near $0.19, extending a prolonged decline that has erased more than 90 per cent of its peak valuation. Market participants tracking the project say a combination of token unlocks, delayed ecosystem development and weak exchange traction is weighing on sentiment, raising concerns that the downtrend could persist over the coming months.Trading data indicates that the token, which

Rhino.fi has introduced a cross-chain settlement product designed to simplify how financial technology firms handle dollar-pegged digital assets, seeking to address persistent pricing inconsistencies and operational complexity in stablecoin transactions.The platform, branded Stablecoin 1:1, enables neobanks and fintech companies to accept and settle USD-linked stablecoins across more than 25 blockchain networks while maintaining a one-to-one conversion rate. The offering aims to eliminate hidden spreads and opaque fees that have long affected multi-chain transfers, particularly where liquidity fragmentation and routing inefficiencies

Pi Network’s native token rose about 7 per cent on March 20, with trading volumes picking up sharply as investors positioned ahead of a scheduled token unlock that could materially expand circulating supply.The move places the relatively young digital asset at the centre of a familiar crypto market dynamic: price momentum colliding with looming supply increases. Market participants are weighing whether demand can absorb the additional tokens without triggering a pullback.Data from major exchanges tracking Pi’s secondary market activity indicated

Gemini Trust Company is facing a lawsuit from shareholders who allege the cryptocurrency exchange misled investors about its financial health and internal stability, intensifying scrutiny on one of the sector’s most prominent platforms during a period of heightened regulatory pressure and market volatility.The complaint, filed in a United States court, centres on claims that Gemini overstated its growth prospects while failing to disclose operational challenges and governance concerns. Investors argue that the company painted an overly optimistic picture of its

Shiba Inu token advanced close to 4 per cent on March 20, buoyed by a surge in bullish positioning among large traders on Binance, as derivatives data pointed to strengthening risk appetite in the broader crypto market.Market trackers showed SHIB gaining momentum through the session, supported by a sharp rise in the long-to-short ratio on Binance, one of the world’s largest cryptocurrency exchanges. The ratio, which reflects the balance between bullish and bearish bets, tilted decisively towards long positions, suggesting

Large bitcoin holders widely regarded as early adopters have sold more than $100 million worth of the cryptocurrency, reflecting a shift in sentiment as expectations of prolonged high interest rates ripple across global markets.Blockchain tracking data indicates that several long-dormant wallets moved substantial volumes of bitcoin to exchanges over a short period, triggering speculation about coordinated selling by so-called “OG” investors. Market analysts say such movements often precede liquidation, and the timing has coincided with a renewed reassessment of monetary

Bitcoin dropped below the $70,000 threshold, signalling renewed volatility in the cryptocurrency market as traders reacted to shifting macroeconomic signals and a wave of profit-taking following a sustained rally earlier in the year.The world’s largest digital asset fell sharply during active trading hours, breaching a level that had been viewed as a psychological support zone. Market participants pointed to a combination of factors, including tightening liquidity expectations, elevated bond yields, and cautious sentiment across risk assets, as key drivers behind

Open interest on Hyperliquid’s HIP-3 permissionless derivatives market has climbed past $1.43 billion, underscoring intensifying appetite among traders for decentralised perpetual futures and signalling a shift in how digital asset markets are evolving beyond traditional crypto pairs.The milestone reflects a rapid expansion in activity on the decentralised exchange, where traders can create and trade perpetual contracts without centralised oversight. Market participants have been drawn to the platform’s flexibility and the ability to access leveraged exposure across a broader range of

Michael Saylor’s business intelligence firm Strategy has acquired 22,337 bitcoin valued at roughly $1.6 billion, strengthening its position as the largest corporate holder of the cryptocurrency and signalling continued institutional confidence in digital assets despite ongoing market volatility.The purchase, disclosed through regulatory filings and company statements, adds substantially to Strategy’s already vast bitcoin reserves and underscores the company’s long-standing approach of treating the cryptocurrency as a primary treasury asset. The acquisition was financed through a combination of corporate cash and

Shiba Inu has begun to recover momentum in the cryptocurrency market as traders focus on a key technical threshold that could determine the token’s next direction. The digital asset has been trading around $0.0000059, approaching a resistance level near $0.0000062 that analysts say could trigger a stronger bullish move if broken.Market participants have increasingly highlighted the importance of this price band following weeks of consolidation that followed a prolonged downturn across several altcoins. Analysts monitoring trading patterns say the token’s

Bitcoin has pushed firmly above its 50-day moving average, signalling strengthening bullish momentum in the digital asset market as traders and institutional investors watch for confirmation of a sustained upward trend.The move above the widely followed technical benchmark is viewed by market participants as a sign that buying pressure is building after months of volatile trading. Analysts say the development could encourage additional inflows into the cryptocurrency sector, particularly from institutional investors that rely on technical indicators to guide trading

Chainlink’s native token LINK climbed more than 2 per cent as Bitcoin surged beyond the $73,000 threshold, reinforcing a broader recovery across the cryptocurrency market and drawing renewed attention to blockchain infrastructure projects tied to decentralised finance.Market data shows LINK trading near $9.2–$9.3 during the rally, giving the token a market capitalisation of roughly $6.5 billion and placing it among the leading digital assets by value. Trading volumes also expanded sharply, reflecting stronger investor participation across global exchanges.Momentum in

Former UK prime minister Boris Johnson has triggered a sharp debate across financial and technology circles after describing Bitcoin as a “giant Ponzi scheme”, drawing swift rebuttals from leading cryptocurrency advocates including MicroStrategy chairman Michael Saylor and other industry figures.Johnson made the remarks in a newspaper column in which he questioned the long-term value of cryptocurrencies, arguing that their prices rely heavily on a continuous influx of new buyers rather than underlying economic fundamentals. He wrote that he had long

Bitcoin surged past the $72,000 mark on 13 March, buoyed by a sustained inflow of institutional capital into spot exchange-traded funds and improving market sentiment following a volatile start to the year. The rally lifted the world’s largest cryptocurrency to its highest level in more than a week, strengthening a rebound that has unfolded alongside growing interest from large investors and asset managers.Market data showed Bitcoin briefly trading above $73,000 during the session before stabilising near the $72,000 range,

Bittensor’s native cryptocurrency TAO climbed sharply on March 13, posting gains of about 12 per cent as enthusiasm around decentralised artificial intelligence networks and new training activity on its Templar subnet drew fresh investor attention.Market data showed the token breaking above the $210 resistance level and trading near $230 during the session, outperforming several major digital assets during the same period. The rally was accompanied by a notable rise in trading volumes and increased participation from traders positioning around projects

Digital asset markets received renewed attention after Coinbase chief executive Brian Armstrong argued that tokenisation of financial assets could remove entrenched inequities in global finance by widening participation in investment markets and lowering structural barriers that historically limited access.Armstrong, speaking in comments circulated across financial and crypto industry platforms, said tokenisation could “strip away a huge amount of unfairness from the system by increasing asset access worldwide.” The statement reflects a growing belief among technology firms and financial institutions that

Shiba Inu has staged a modest rebound after a prolonged slide, prompting speculation among crypto traders that the meme-inspired token could be approaching a technical breakout. The price movement has revived debate about whether the digital asset can escape months of bearish pressure or whether the uptick represents only a short-lived relief rally.Market data shows the token climbing from levels near $0.0000055 to around $0.0000060 during the latest trading sessions, supported by increased trading volumes and short-term buying activity. The

BlackRock has introduced a new exchange-traded fund offering investors exposure to ethereum alongside staking-based income, marking another step in the expansion of institutional products tied to digital assets. The fund, trading under the ticker ETHB, opened with more than $100 million in assets and generated over $15 million in trading volume during its first day on the market, signalling strong early demand from investors seeking yield in the evolving crypto investment landscape.Launch of the ETHB fund reflects a growing push

XRP has drawn renewed market attention as Ripple accelerates regulatory expansion in the Asia-Pacific region, with a planned financial services licence in Australia viewed by analysts as a strategic step that could deepen institutional adoption and potentially strengthen the digital asset’s market trajectory.Ripple’s pursuit of regulatory approval in Australia forms part of a broader global strategy that has unfolded over the past year, with the blockchain payments company securing or advancing licences across several jurisdictions. The firm has sought to

Bitcoin could one day reach a valuation of $1 million per coin as it steadily positions itself as a rival to gold, according to Matt Hougan, chief investment officer at asset manager Bitwise. The assessment reflects growing confidence among institutional investors that the cryptocurrency’s long-term trajectory is becoming clearer as it matures into a mainstream financial asset.Hougan’s outlook highlights the expanding role Bitcoin is playing in global investment portfolios. Once viewed primarily as a speculative digital token, the cryptocurrency has

Mastercard has launched a sweeping initiative aimed at linking blockchain-based payments with the traditional banking and card network ecosystem, unveiling a programme that brings together more than 85 companies from across the cryptocurrency, fintech and payments industries.The programme, described as a crypto partner network, includes major digital-asset firms such as Circle, Paxos, Ripple, PayPal, Gemini and Binance. Mastercard says the collaboration is designed to integrate blockchain infrastructure with the company’s global payments network, which processes transactions for banks, merchants and

Binance has filed a defamation lawsuit against the publisher of the Wall Street Journal, escalating tensions between the world’s largest cryptocurrency exchange and one of the most influential financial news organisations.The legal complaint, submitted in the United States District Court for the Southern District of New York, accuses Dow Jones & Company, which publishes the Wall Street Journal, of publishing a report containing multiple false and misleading statements about the exchange. Binance argues that the article damaged its reputation, harmed