FTX liquidation not expected to flood crypto market according to Coinbase research head. The upcoming liquidation of bankrupt cryptocurrency exchange FTX will likely be handled in an orderly manner that prevents sudden sell-off of assets, reducing impact on overall crypto market.
According to a popular crypto analyst, Bitcoin (BTC) could see another parabolic price surge to new all-time highs following its 2024 halving event. The trader believes Bitcoin is gearing up for a post-halving frenzy, but notes one key condition needs to be met first.
According to one crypto strategist, Bitcoin (BTC) is preparing to replicate its powerful mid-year rally when the flagship crypto surged nearly 30% in around one month. The analyst believes Bitcoin's weekly close has set the stage for the top cryptocurrency to mirror its bull run from June 2023.
Data from cryptocurrency exchanges, as analyzed by asset research firm Kaiko, reveals that significant buying demand for XRP was primarily instigated by large traders in the United States following Ripple's partial legal win against the U.S. Securities and Exchange Commission (SEC) in July.