Phemex CEO Federico Variola says AI has been a ‘net negative’ for crypto, despite the crypto exchange announcing an AI-focused transformation earlier this year. Speaking on Cointelegraph’s Chain Reaction, Variola said AI has diverted …
Negative
- Bitcoin & Ethereum
Ethereum (ETH) Sets a Historic Negative Record: More Pain Ahead?
by adminby admin“Could we go below $1,200? Maybe,” one analyst stated. The second-largest cryptocurrency has been severely damaged by the prolonged bear market, closing Q2 firmly in the red. Even more striking is that this marks …
- NFT & Metaverse
XRP Price Prediction: Funding Rates Have Been Negative for 3 Months While XRP Is Up 27%
by adminby adminRipple (XRP) is showing a rare divergence in the derivatives market: funding rates have remained negative for nearly three consecutive months, while the token’s price has recovered approximately 27% since the sharp correction in …
- Bitcoin & Ethereum
CZ Pushes Back on Negative Narratives, Sees U.S. as Future Crypto Hub
by adminby adminCZ argues that for the U.S. to become the global crypto capital, it must increase competition and liquidity, alongside improved infrastructure. Changpeng Zhao (CZ), one of the most prominent figures in the crypto industry, …
Key takeaways: SOL recovered above $200, but weak onchain activity and rising competition limit the odds of a sustainable rally. Traders show little bearish conviction, yet stagnant network growth and shifting market share keep …
VanEck Flags Dual Bullish Signals For Bitcoin As Funding Turns Negative, Hash Rate Slips
Bitcoin’s latest onchain and derivatives data point to a constructive setup, with VanEck highlighting negative funding rates and a clustered hash rate drawdown alongside softer volatility and cautious positioning. The firm notes in their …