Bitcoin surged above $103,000, causing a wave of forced exits that resulted in the liquidation of over $900 million in the last 24 hours. This represents a 200% increase in liquidations over the previous day, according to Coinglass data . Bitcoin ( BTC ) shorts accounted for $321 million in liquidations. At the same time, open interest increased by 5% to $133 billion, indicating that new leveraged bets are entering the market.The average crypto relative strength index has also risen to 70, signaling overbought conditions. The spike in liquidations followed a rapid market rebound. With risk-on sentiment returning to international markets, the total value of the crypto market reached $3.3 trillion, its highest level since early March. Bitcoin reached a peak of $103,460 during Friday’s Asian trading hours, up more than 6% in the past day. Ethereum ( ETH ) led the altcoin surge, climbing over 20% to reclaim $2,200 for the first time in two months, while Solana ( SOL ) and XRP ( XRP ) gained 8% and 5%, respectively. A tentative U.S.-U.K. trade agreement that President Donald Trump hinted at on May 8 sparked the rally and gave international markets new hope. This is the case even though the Federal Reserve did not change interest rates on Wednesday, May 6. But according to the CME FedWatch tool , markets are pricing in a 70% chance of a rate cut by July and a 95% chance of at least one cut by October. You might also like: What tariff shock? Bitcoin surges past $100k as market recovery continues On-chain data also shows that Bitcoin investors are becoming more confident. Bitcoin’s Realized Cap reached a new all-time high of $890.7 billion, its third consecutive weekly record, according to a May 8 post on X by CryptoQuant contributor Carmelo Alemán. Bitcoin Breaks Realized Cap All-Time High for the Third Consecutive Week “This pattern reflects growing confidence among both Long-Term Holders and Short-Term Holders, who are strengthening their positions as the market shows signs of recovery.” – By @oro_crypto pic.twitter.com/rQoWq1zqHy — CryptoQuant.com (@cryptoquant_com) May 8, 2025 This measure, which reflects the total amount of capital invested in Bitcoin based on its most recent price movement, points to a sustained accumulation trend by both short- and long-term holders. While sentiment remains bullish, some caution is warranted. Santiment reported that Bitcoin’s break above the $100K “psychological level” is drawing significant retail attention. However, the firm warned that excessive bullish sentiment can often mark local tops. 🥳 Cryptocurrency has continued its rally, with Bitcoin breaching the all-important $100K psychological resistance for the first time since Feb. 3rd. Sentiment is quite bullish at the moment, which can be a double-edged sword for upcoming price movement from here. On one hand,… pic.twitter.com/iGcLsY1cxN — Santiment (@santimentfeed) May 8, 2025 Meanwhile, Real Vision’s CEO Raoul Pal noted that BTC dominance might have peaked, citing DeMark indicators. If accurate, this might signal the beginning of what he refers to as the “Banana Zone,” a period of outsized gains in altcoins. Crypto markets might be preparing for their next major upward leg if the current momentum continues. Read more: Ethereum rallies 20% as ETH reaches its most undervalued level relative to BTC since 2019
In a recent analysis, Ki Young Ju, the founder of CryptoQuant, highlighted a noteworthy shift in the Bitcoin market dynamics. As of May 9th, the landscape is evolving from a
Binance supports the DOOD AirDrop for selected coin holders. The AirDrop eligibility is based on coin holdings in Binance accounts. Continue Reading: Binance Supports New AirDrop Initiative! The post Binance Supports New AirDrop Initiative! appeared first on COINTURK NEWS .
The post German Authorities Seize €34 Million from Crypto Laundering Hub eXch: ZachXBT appeared first on Coinpedia Fintech News Germany has dealt a severe blow to the dark side of crypto, shutting down the notorious eXch crypto swapping service. Authorities, including the Frankfurt Public Prosecutor’s Office (ZIT) and the Federal Criminal Police Office (BKA), seized €34 million in digital assets and eight terabytes of data, marking the country’s third-largest crypto seizure. Why Was €34 Million Seized? Operating since 2014, eXch was allegedly a central node in global cybercrime. On-chain sleuth ZachXBT exposed its ties to high-profile crypto hacks, including the Bybit multi-signature exploit and the $243 million Genesis Creditor heist. The platform’s refusal to freeze stolen assets or cooperate with authorities made it a haven for cybercriminals. eXch operated with no oversight, no KYC, and full anonymity, making it a hotspot for illicit activity. It was mainly advertised on the darknet and allowed users to convert stolen or scammed coins into legitimate assets. Before the takedown, investigators estimated $1.9 billion had flowed through the platform. Though eXch announced a voluntary shutdown on May 1, law enforcement moved swiftly, coordinating with Dutch authorities to secure evidence. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : North Korea’s Crypto Heists May Force G7 to Launch Global Security Overhaul , A New Era of Proactive Crypto Enforcement This operation signals a new phase in international crypto enforcement. German authorities emphasized that cybercrime has become an industrial operation, and they are now targeting criminals before they act. With eXch’s takedown, enforcement agencies across borders are showing that the blockchain leaves a trace—and so does justice. 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eXch was a darknet crypto swap service tied to major hacks; Germany shut it down for enabling large-scale crypto laundering. How are governments reacting to rising crypto crime? The U.S. Treasury and G7 nations are focusing on strengthening crypto regulations and cybersecurity to combat increasing crypto hacks and ransomware attacks.
State Governor Katie Hobbs had previously vetoed a slightly different bill that would have allowed state entities to invest up to 10% of their funds in crypto. Arizona Joins New Hampshire with State Bitcoin Reserve Initiative Just a day after New Hampshire passed a law allowing the state to purchase bitcoin ( BTC) or any
Strategy, the leading corporate Bitcoin holder, has reached a historic milestone as the USD value of its Bitcoin holdings hit $53.9 billion, following BTC’s rise above $100,000. Bitcoin’s recent rally
Cardano ( ADA ) often sparks debate, embodying a deliberate, research-intensive contrast to the fast-moving crypto market. While founder Charles Hoskinson avoids direct claims of replacing fiat, his consistent narrative positions Cardano as foundational plumbing for a future financial system. This grand vision, coupled with ambitious technological upgrades, fuels extreme speculation, including analyst whispers of ADA reaching $50 by 2028 – a target that demands scrutiny given Cardano ‘s current market position. Can its methodical construction justify such hyper-bullish long-term forecasts? Cardano’s Foundational Ambitions: Building Beyond Bitcoin From its genesis, Cardano differentiated itself through a commitment to peer-reviewed research and formal methods, aiming to overcome the perceived limitations of earlier blockchains like Bitcoin. This philosophy continues to guide its development towards becoming a versatile, multi-asset settlement layer. Recent moves underscore this ambition: the Lace wallet’s integration of native Bitcoin support allows seamless management across chains. Discussions with Ripple about incorporating the RLUSD stablecoin signal intent to bridge different blockchain ecosystems. Furthermore, successful demonstrations like BitcoinOS transferring BTC directly onto Cardano without traditional bridges showcase its potential as an interoperable hub, laying the necessary groundwork for handling diverse financial assets on a global scale. Scaling for Global Finance: Ouroboros Leios Upgrade A cornerstone of Cardano ‘s potential to underpin a future financial system is its approach to scalability. Recognizing the limitations of its current transaction throughput compared to rivals, the network is gearing up for the Ouroboros Leios upgrade . This isn’t just an incremental tweak, it can be seen as a fundamental redesign aimed to boost the capacity. By decoupling key processes like transaction transmission, validation, and ordering, and introducing parallel processing, Leios targets speeds potentially exceeding 10,000 transactions per second (TPS), with theoretical limits pushing towards one million TPS. Achieving such scale is non-negotiable if Cardano hopes to handle the kind of volume associated with global finance, lending a sliver of plausibility to the long-term vision of challenging traditional infrastructures. This scalability piece, combined with other planned enhancements like Hydra (Layer 2) and Midgard (rollups), forms the technical bedrock of Cardano’ s grand ambition. Path to $50 ADA: Examining the Bold 2028 Prediction While the long-term vision is grand, the current market reality grounds expectations. Cardano trades around $0.65-$0.70, significantly below its $3.10 all-time high. Near-to-mid-term analyst targets, based on current technical patterns (like bull flags and potential double bottoms) and fundamental catalysts (like potential ETF approval or BTC staking features via Lace), typically range from reclaiming $1.00, pushing towards resistance at $1.30, or optimistic calls reaching $5 or even $10 during a peak bull market phase. The $50 target by 2028, however, exists in a different stratosphere. Requiring roughly a 70x increase from today’s price, this hyper-bullish forecast likely assumes near-perfect execution of Cardano ‘s entire roadmap, including the successful deployment and mass adoption of Leios and other scaling solutions. It implies Cardano not only thrives technologically but also captures immense market share, becoming a dominant global platform for DeFi, RWA tokenization, and potentially even challenging traditional settlement systems – implicitly fulfilling the “replace the dollar” narrative. While not impossible in the volatile world of crypto, $50 remains an extremely speculative fringe prediction for Cardano within the next four years. Cardano is doing well, but nowhere near that $50 mark. Source: CoinMarketCap While Cardano meticulously constructs its complex infrastructure for a potential long-term systemic role, other projects focus on immediate solutions bridging crypto with today’s financial reality. Remittix (RTX), for example, targets the present-day friction in cross-border payments using its PayFi protocol for efficient crypto-to-fiat transfers. Its ongoing, successful presale (over $14.8M raised, ~$0.0757 price) highlights investor appetite for practical applications offering tangible utility now, presenting a different investment thesis focused on near-term market penetration. Discover the future of PayFi with Remittix by checking out their presale here: Website : https://remittix.io/ Socials : https://linktr.ee/remittix Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Cardano’s Founder Hints ADA Could Replace the U.S. Dollar — Analysts Predict $50 ADA by 2028 appeared first on Times Tabloid .
In a significant milestone for the Ethereum ecosystem, data from Coinglass reveals that total Ethereum contracts now hold over 12 million ETH, which translates to roughly $27.6 billion U.S. dollars.
Are you feeling optimistic about the crypto market lately? You’re not alone. The latest reading from the Crypto Fear and Greed Index shows a significant shift in sentiment, potentially offering valuable insights for your trading and investment decisions. What is the Crypto Fear and Greed Index, Anyway? Provided by software development platform Alternative, the Crypto Fear and Greed Index is a popular tool designed to gauge the prevailing emotional state of the cryptocurrency market. Emotions can significantly influence market behavior, often leading to irrational decisions. This index attempts to quantify these emotions, presenting them on a simple scale. The index operates on a scale from 0 to 100: 0-24: Extreme Fear – This typically suggests investors are overly worried. It could signal a potential buying opportunity for those who believe the market is oversold. 25-49: Fear – Still cautious sentiment, but less intense than extreme fear. 50-74: Greed – This indicates increasing optimism and potentially aggressive buying. While positive, it can also suggest the market is becoming overheated. 75-100: Extreme Greed – This is often seen when the market is experiencing euphoric rallies. It can be a warning sign of an impending correction, as sentiment might be unsustainably high. As of May 9th, the index stands at 73, an increase of eight points from the previous day. This places it firmly within the ‘Greed’ zone, suggesting that positive crypto market sentiment is currently dominant among participants. How Does the Index Calculate Crypto Market Sentiment? The index isn’t based on just one factor. It aggregates data from six different sources, each weighted differently to provide a comprehensive view of market psychology: Volatility (25%): Measures the current volatility and maximum drawdowns of Bitcoin compared to its average values. Higher volatility often indicates fear. Market Momentum / Volume (25%): Compares the current market volume and momentum to the long-term averages. High buying volume in a rising market can signal greed. Social Media (15%): Analyzes tweets for specific hashtags and checks the speed and volume of posts. High levels of enthusiastic chatter can indicate greed. Surveys (15%): Polls users to gather their sentiment (this factor is currently paused by Alternative). Bitcoin Dominance (10%): Measures Bitcoin’s share of the total crypto market cap. Increasing Bitcoin dominance can sometimes signal fear (as investors flee riskier altcoins) or greed (if BTC is leading a strong rally). Google Trends (10%): Looks at search queries related to Bitcoin and other cryptocurrencies. Rising search interest for terms like “Bitcoin price manipulation” might signal fear, while terms like “buy crypto” could signal greed. By combining these factors, the index aims to provide a balanced snapshot of current crypto market psychology . What Does a Reading of 73 (Greed) Mean for You? A reading of 73 is high and signifies strong optimism. Historically, periods of extreme greed (above 75) or even just high greed (above 50) have sometimes coincided with market tops or preceded significant pullbacks. The underlying principle here aligns with contrarian investing: when others are greedy, it might be time to be cautious. Think about it: When everyone is rushing to buy, prices are likely already elevated. The pool of potential buyers might be shrinking, and any negative news could trigger a wave of selling as optimistic investors quickly turn fearful. For Bitcoin sentiment specifically, a high index reading often reflects strong positive price action and bullish news surrounding the leading cryptocurrency. Given Bitcoin’s influence on the broader market, its sentiment heavily impacts the overall index. Is ‘Greed’ Always a Sell Signal? Navigating Trading Psychology Crypto Not necessarily. The Crypto Fear and Greed Index is a tool, not a crystal ball. A market can remain in the ‘Greed’ zone for an extended period during a strong bull run. Simply seeing a high number shouldn’t be your only reason to sell or avoid buying. However, it serves as a valuable warning sign. It tells you that the emotional temperature of the market is high. This is where understanding trading psychology crypto becomes crucial. High greed means many participants might be acting on FOMO (Fear Of Missing Out) rather than careful analysis. Benefits of using the index: Provides a quick snapshot of market sentiment. Can act as a contrarian indicator (buy when fearful, be cautious when greedy). Helps you manage your own emotional response by showing you the prevailing mood. Challenges and limitations: It’s backward-looking; it reflects *current* sentiment, not future price movements. The market can stay in extreme zones for longer than expected. It doesn’t replace fundamental or technical analysis. The weighting of factors might not perfectly capture all market dynamics. Actionable Insights: Using the Index in Your Strategy How can you practically use this information? Here are a few ideas: As a Confirmation Tool: If your technical analysis suggests the market is overbought, a high Greed index reading can add weight to that signal. As a Contrarian Prompt: When the index is in Extreme Greed, it might prompt you to reconsider adding new positions or to take some profits off the table, especially in riskier assets. Conversely, Extreme Fear might be a time to look for buying opportunities if your research supports it. For Risk Management: High greed often correlates with increased volatility. This might be a time to tighten stop-losses or reduce position sizes. Understanding the Narrative: A high index suggests the dominant market narrative is bullish. Be aware of this but question whether the optimism is justified by fundamentals. Remember, the rise to 73 suggests sentiment has improved rapidly. This could be fueled by recent positive price movements in Bitcoin and altcoins, favorable news headlines, or increasing retail interest. While this optimism is positive, the proximity to the ‘Extreme Greed’ zone warrants careful observation. Summary: Stay Informed, Stay Rational The Crypto Fear and Greed Index reaching 73 is a clear signal that optimism and ‘Greed’ are currently dominating the crypto market sentiment . While this reflects positive momentum, historical data suggests that periods of high greed can be precarious. Use this index as one piece of your analytical puzzle. Combine it with thorough research, technical analysis, and a strong understanding of your own trading psychology crypto to make informed decisions and avoid getting swept up in the market’s emotional tides. To learn more about the latest crypto market sentiment trends, explore our articles on key developments shaping Bitcoin price action and institutional adoption.
The post Cryptomus Exchange Review: Is Cryptomus Safe? appeared first on Coinpedia Fintech News Thinking of opening an account on Cryptomus for secure cryptocurrency investment and trading? This review has you covered, providing all the important details, including fees, trading options, supported cryptocurrencies, and safety features for a secure experience. Overview of Cryptomus Cryptomus is a quite young but rapidly growing cryptocurrency exchange. In 3 years of existence, the platform has already become popular in 200+ countries and has more than 800,000 active users. With a focus on security, user-friendly interface and advanced trading tools, Cryptomus is designed to meet the needs of both new and experienced traders. Feature Details Official Website Cryptomus.com Founded 2022 Headquarters Vancouver, Canada Total Listed Coins 110+ Trading Pairs 100+ Supported Fiat No Trading Fees Maker: from 0.08 to -0.01; Taker: from 0.1 to 0.04 Native Token CRMS Mobile App Yes Customer Support 24/7 Telegram bot and E-mail Geo Restrictions Unavailable in 47 countries Key Features 1. Versatile Crypto Trading Platform Spot Trading: Competitive fees starting from -0.01% for makers, and 0.1% for takers and more than 100 trading pairs. P2P Exchange : Direct buy and sell crypto to users in over 100 countries with fees of 0.1%. 2. Wide Cryptocurrency Support Cryptomus supports 110+ cryptocurrencies, including such liquids, as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL), and others. 3. Staking and Balance Rewards Freeze your crypto and earn up to 20% APR from staking on Cryptomus. The income appears directly in your wallet. 4. Security-First Infrastructure Cryptomus implements strong security protocols to ensure safe transactions. SSL Encryption: Keeps user data safe from cyber threats. 2FA Support: User accounts are protected as early as the registration stage. AML Policy: The anti-money laundering procedures are part of the platform security. KYC Procedure: Protects against unverified users and possible fraudsters. CERTIC Audits: Reflects the commitment to security and user trust. 5. Available Across Devices Cryptomus Web Platform : Clean dashboard for users with real-time balance and transaction views. Mobile App: Manage payments and wallets on the go via iOS and Android. Fee Options Cryptomus provides fee transparency and favorable options for spot traders, presented in a tiered system. Tier 30-day Trading Volume (USD) Maker Fee Taker Fee LVL 0 0 – 100,000 0.08% 0.1% LVL 1 100,001 – 250,000 0.06% 0.095% LVL 2 250,001 – 500,000 0.055% 0.085% LVL 3 500,001 – 2,500,000 0.05% 0.075% LVL 4 2,500,000 – 5,000,000 0.04% 0.07% LVL 5 5,000,001 – 10,000,000 0.00% 0.06% LVL 6 10,000,001 – 20,000,000 -0.01% 0.05% LVL 7 20,000,001+ -0.01% 0.04% How to Use Cryptomus To utilize the features of Cryptomus and enjoy its security measures, you can follow the following instructions. Creating an Account Visit cryptomus.com . Click “Sign Up” and register using your email, phone number, or third-party options like Telegram, Apple ID, or Facebook. Set a strong password and confirm your account. Log in and pass the KYC procedure to access your dashboard. Buying Cryptocurrency You can buy cryptocurrency in two ways on Cryptomus. By Card. Go to the “Buy Crypto” section, click on “Buy by Card”, then choose the preferred cryptocurrency and enter the details of your debit or credit card. Confirm your purchase and get your coins! On P2P Exchange. Navigate to the P2P section, set the filters, including the crypto you intend to buy, choose the most suitable offer, and contact the seller to make the deal. There, you can also purchase crypto for fiat. Once you have cryptocurrency, you can start trading it on the exchange . You can do it at any time without worrying about the safety of your funds, as your wallet is protected by encryption technology. Selling Cryptocurrency Go to the P2P section. Select “Sell” and choose the crypto and fiat currency. Pick a buyer from the list or post your own offer. Transfer crypto to the buyers’ wallet by entering the 2FA code, and receive the payment in fiat to your card. Withdrawing Funds You can withdraw cryptocurrency in two ways on Cryptomus. Transfer to Another Wallet. Go to your wallet and click on “Send”. In a new window, choose the crypto you want to withdraw, enter the recipient wallet address, select the network, and notify the amount of coins. Confirm the action, and your crypto will be withdrawn. Sell on the P2P Exchange. Navigate to the P2P section, set the filters, or create your offer about selling. When a buyer is found, send him the crypto using the same principle as when sending it to another wallet. Confirm the action and receive fiat equal to the sent crypto. Why Cryptomus? Cryptomus stands out as a multifunctional crypto platform tailored for both new and experienced users thanks to its intuitive interface. What is more, with its strong focus on safety and transparent operations, Cryptomus is trusted by users across the globe. Conclusion Security is one of the most important factors when choosing a crypto payment platform, especially when handling large transactions. Cryptomus fits that criterion perfectly: creating a strong password and identity verification at the beginning, as well as passing the 2FA verification step with every transaction, shows the platform’s commitment to protecting user data. You can enjoy Cryptomus’s variety of features and its user-friendly interface while the platform’s encryption technology further protects your funds.