A single anonymous trader saw the crash coming and capitalized on it, earning $192 million in just a few hours.
The FET token’s price fell by over 93% since the merger of the Artificial Superintelligence Alliance, a drop that is unrelated to Ocean Protocol’s actions, according to its founder.
The Australian crypto user base is expected to grow to 11.16 million by next year, with nearly 41% of Australians participating in crypto.
Crypto analysts believe the altcoin season could be arriving soon as liquidity shifts to risk assets, but altseason indicators currently stand at bear market lows.
The sharp rise in BNB’s price also has crypto traders speculating that altcoin season could be on the horizon.
The addition of SOL comes amid growing institutional interest in the Solana network, as the community positions it as the hub of internet capital markets.
BNB turned a sluggish October for Bitcoin into a breakout month, driven by memecoin trading, rising fees and Aster’s ascent despite renewed scrutiny on Binance.
Turkey’s $200 billion crypto market leads the MENA region, but has been fueled more by speculative activity than by sustainable adoption, according to Chainalysis.
Ripple co-founder and former CEO Chris Larsen has amassed millions in realized profits from XRP since 2018, potentially putting the price recovery at risk.
Peter Schiff reiterated that Bitcoin will “go to zero” and warned that the US dollar’s era as the global reserve currency is ending, predicting a return to a gold-based system.