Key highlights: The Bitcoin price is expected to form its cycle bottom at $53,600, stated CryptoQuant analyst. The significant decline in individual and institutional demand cast a shadow over BTC’s sustained rally. The analyst also highlights that Bitcoin capitulation is not yet evident. While the Bitcoin price’s recent rebound from a low of $59k has […]
Tag: FTX
By admin The memecoin sector is currently experiencing a severe contraction, with its total market capitalization slipping below the thirty billion dollar threshold amid a broader risk aversion across the cryptocurrency landscape. In a single 24 hour period, the sector shed over six and a half percent of its value, bringing the total market cap […]
“Not your keys, not your coins” has been the crypto industry’s most repeated axiom for years now, and for good reason. The collapses of FTX, Celsius, and Voyager Digital in recent years have not been technical failures in the traditional sense but rather custody lapses as users have had to hand their assets to centralized […]