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Crypto News within the week

Balancer Set to Refund Investors After Recovering Funds From $128M Exploit

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Balancer has started off plans to return the funds to the victims of its $128 million exploit which occurred earlier in the month. The team has shared a detailed reimbursement plan after recovering some of the lost tokens. Balancer Prepares to Refund LPs After Major Recovery of Funds In a new proposal, the team announced

The post Balancer Set to Refund Investors After Recovering Funds From $128M Exploit appeared first on CoinGape.

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How Will Crypto Market React to Over $15B in Bitcoin, ETH, XRP Options Expiry?

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Crypto market participants are bracing for the monthly options expiry after a recent rebound in Bitcoin, Ethereum and XRP. Traders anticipate massive volatility as the crypto market still remains under โ€˜extreme fearโ€™ sentiment. BTC price rebounded by more than 10% in a week amid massive buy-the-dip sentiment and a seasonal boost between Thanksgiving and Christmas.

The post How Will Crypto Market React to Over $15B in Bitcoin, ETH, XRP Options Expiry? appeared first on CoinGape.

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Altcoin News

Bitcoin

Michael Saylorโ€™s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments

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Michael Saylorโ€™s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase despite the panic in the crypto market and the current BTC price action. This latest purchase also comes as the MSTR stock continues its decline, down over 5% today in premarket trading. Strategy Buys 130 Bitcoin for $11.7 Million In a press release,

The post Michael Saylorโ€™s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments appeared first on CoinGape.

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Ripple Price Analysis: Whatโ€™s Next for XRP After 9% Drop to $2?

XRP has been struggling to find bullish momentum after its mid-year rally faded out. Despite positive sentiment across parts of the crypto market, the...

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โ€œThe Market Got It Wrong,โ€ CryptoQuant Analyst Says Strategyโ€™s MSTR is Massively Undervalued

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A CryptoQuant analyst has disagreed with the marketโ€™s current outlook for Strategy. In his argument, he claims that investors are mispricing the firmโ€™s Bitcoin treasury. He said the true value of MSTR can be way higher than the traders might think. โ€œMarket Misread the Signalโ€: Analyst Says MSTR Is Deep in Undervaluation CryptoQuant analyst Carmelo

The post โ€œThe Market Got It Wrong,โ€ CryptoQuant Analyst Says Strategyโ€™s MSTR is Massively Undervalued appeared first on CoinGape.

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Top Cryptocurrency Market Events to Watch This Week

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The cryptocurrency market has seen a notable sell-off as December begins. Bitcoin has dropped below $90K, reflecting a 5% decline. Ethereum is trading under $2,900, down by 5%.ย  Further selling is as a result of the market slump triggered by the proposed 20% flat tax on crypto by Japan.ย  Meanwhile, the People Bank of China

The post Top Cryptocurrency Market Events to Watch This Week appeared first on CoinGape.

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Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms

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Jupiter:- Recent flashpoints like the Monad token controversy โ€“ where Arthur Hayes blasted its FDV, insider-heavy allocations, and opaque early rounds โ€“ have done more than enough to show how broken crypto token launches still are. However, this isnโ€™t a new debate. Major industry players have been racing to reinvent how new tokens are brought

The post Jupiter Launches DTF Platform As Industry Vies for Fair Token Mechanisms appeared first on CoinGape.

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Michael Saylorโ€™s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments

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Michael Saylorโ€™s Strategy, previously known as MicroStrategy, has made another Bitcoin purchase despite the panic in the crypto market and the current BTC price action. This latest purchase also comes as the MSTR stock continues its decline, down over 5% today in premarket trading. Strategy Buys 130 Bitcoin for $11.7 Million In a press release,

The post Michael Saylorโ€™s Strategy Buys 130 Bitcoin, Establishes $1.44B Reserve For Dividend Payments appeared first on CoinGape.

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Cardano (ADA) Plunges by 8% Daily but This Important Indicator Flashes the Buy Signal

The start of December brought another substantial correction, affecting most leading cryptocurrencies. Cardanoโ€™s ADA was among the worst-hit, with its price slipping by 8% over...
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Todays Highlights

The focus this week is on labor markets and backdated PMI reports, with Septemberโ€™s PCE inflation report also due. Investor outlook mostly improved last week...
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