Today's Cryptocurrency Prices by Market Caps
The global cryptocurrency market cap today i $2.51T
Market Cap
$2.51T
24h Trading Volume
$56.88B
BTC Dominance
56.91%
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Latest Crypto News
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Spot Bitcoin ETFs Pull $53M in a Day; Monthly Inflows Top $1.16B as BTC Eyes $100K
Spot Bitcoin ETFs pulled in a fresh wave of cash this week — $53 million in a single day — pushing total monthly inflows past $1.16 billion. That marks a sharp reversal after four straight months of outflows that had drained more than $6 billion from the same funds, and analysts see it as evidence that investors are tentatively stepping back into Bitcoin after a prolonged selloff. Price and technicals Bitcoin was trading around $70,850 as of Saturday, comfortably above the lows seen earlier this year. Key technical indicators have turned more bullish: the Relative Strength Index (RSI) has climbed from an extreme low of 15 in January to about 56, and the Supertrend indicator has flipped from bearish to bullish on the daily chart. On shorter-term indicators, the Percentage Price Oscillator is approaching a bullish crossover of the zero line — a momentum signal many traders watch. Prediction markets and upside odds Sentiment in prediction markets has firmed as well. Kalshi now puts the probability of Bitcoin reaching $100,000 before January 2027 at 40% — its highest reading since February — while Polymarket shows odds around 50%. Reaching that six-figure target from current levels would require roughly a 35% gain. Macro backdrop and the safe-haven case Part of the bullish narrative is geopolitical. Tensions involving Iran, the U.S. and Israel have pushed oil above $100 a barrel at times, stoking inflation concerns and raising questions about whether the Federal Reserve will ease rates this year. Against that backdrop, some investors have been exiting gold and stock-market ETFs while allocating into Bitcoin, a pattern being cited as evidence that crypto is increasingly viewed as a safe-haven or inflation hedge by some market participants. News flow and market reaction That narrative shifted marginally on Friday after a cooler-than-expected PCE inflation reading and a modest pullback in oil prices. The decline in oil followed reports the U.S. waived certain sanctions, letting some companies purchase Russian oil — a development that eased an immediate supply-driven price spike. Bitcoin rose on the lighter inflation data. Key technical levels to watch On the charts, Bitcoin is fighting to reclaim its 50-day exponential moving average as support rather than resistance. The next near-term test for bulls is whether BTC can hold above $70,000 heading into next week. If buying pressure persists, the psychological milestones at $80,000 and $90,000 are the next hurdles on a path toward a possible six-figure print — a scenario prediction markets are increasingly taking seriously, even if a year-end arrival remains uncertain. (Chart: TradingView; featured image: Unsplash) Read more AI-generated news on: undefined/news
Legendary Investor Druckenmiller: Stablecoins to Become Core of U.S. Payments in 10–15 Years
Legendary investor Stanley Druckenmiller told Morgan Stanley in a recent interview that stablecoins are poised to become a core part of the U.S. payments system within the next decade to decade-and-a-half — even as he remains skeptical of broader cryptocurrencies as stores of value. Druckenmiller, the former chairman and president of Duquesne Capital (which he founded in 1981 and closed in 2010 with about $12 billion AUM), praised blockchain and stablecoins as “incredibly useful in terms of productivity.” He argued stablecoins could win mainstream payments adoption because they’re “efficient, quicker, and cheaper,” predicting large-scale integration into the U.S. payments rail over the next 10–15 years. His comments arrive months after President Trump signed the GENIUS Act into law, creating a formal regulatory framework for issuing and operating stablecoins in the U.S. That regulatory clarity has already spurred activity: Tether is planning a U.S.-focused product called USAT, and major financial institutions — including JPMorgan, Citigroup and the Bank of North Dakota — are developing their own stablecoin offerings to capture expected demand. For readers new to the term, stablecoins are cryptocurrencies pegged to an underlying asset (most commonly the U.S. dollar) designed to combine crypto rails’ speed with fiat-like price stability. Despite his bullish view on stablecoins’ utility, Druckenmiller dismissed broader cryptocurrencies as largely superfluous. “It’s a solution looking for a problem,” he said, adding he’s “very sad it ever happened as a store of value because it wasn’t needed. But it’s a brand that people love, so it’s going to be a store of value.” He also warned the dollar’s global dominance isn’t guaranteed, saying a replacement could emerge within the next 50 years — and that a cryptocurrency could be among the contenders. Market context: the total crypto market sits around $2.42 trillion, with stablecoins accounting for roughly 13% of that value. If Druckenmiller’s forecast is right, the next decade could see stablecoins shift from niche crypto infrastructure to mainstream payment plumbing — a transition likely to reshape banks, payment networks and regulators alike. Read more AI-generated news on: undefined/news
SocksEscort/AVrecon Network Dismantled After Enabling Global Crypto Thefts, $3.5M Frozen
A New York resident’s near‑$1 million crypto loss has become a stark illustration of how a commercial proxy network called SocksEscort enabled global theft and fraud — until authorities shut it down this week. What SocksEscort was - SocksEscort operated as a for‑hire proxy service that let criminals hide their true locations by routing attacks through compromised devices. - The network worked by infecting routers and other internet‑connected gear with a malware strain called AVrecon, turning those devices into anonymous “cover points” for cybercrime. - According to the U.S. Department of Justice, the infrastructure had quietly infiltrated at least 369,000 devices across 163 countries, making attribution and tracing extremely difficult. How it was discovered and dismantled - AVrecon was publicly identified by cybersecurity firm Black Lotus Labs as early as July 2023, yet the network continued operating until this week. - Law enforcement agencies from Austria, France, Germany, Hungary, the Netherlands, Romania and the United States coordinated the takedown announced Thursday. - U.S. participants included the FBI’s Sacramento Field Office, the IRS Criminal Investigation Oakland Field Office, and the Defense Criminal Investigative Service. Europol and Eurojust provided cross‑border coordination. - Technical intelligence from Black Lotus Labs and the nonprofit Shadowserver Foundation helped investigators map the infrastructure. The business model and impact - SocksEscort ran like a commercial enterprise: customers paid anonymous fees — primarily in cryptocurrency — to access the proxy service and obscure their activities. - Europol estimates the platform pulled in at least €5 million (about $5.7 million) from paying users over its lifetime. - Authorities seized 34 domains, dismantled roughly two dozen servers across seven countries, and froze about $3.5 million in crypto connected to the operation. Crimes enabled and wider consequences - Investigators linked SocksEscort to a range of criminal activity, including bank fraud and cryptocurrency account takeovers dating back to 2020. - The New York victim’s almost $1 million loss drew attention because of its size, but officials say the harm was spread across multiple countries and target types. - “Proxy services of this kind give criminals the cover to carry out attacks, move illegal content, and dodge detection,” Europol Executive Director Catherine De Bolle said, praising the international cooperation that exposed the infrastructure. Why this matters for crypto users and platforms - The case highlights how proxy networks and compromised IoT devices can be weaponized to steal funds and hide criminal activity — and how attackers monetize anonymity with crypto payments. - It also underscores the importance of coordinated public‑private investigations: law enforcement plus security firms and nonprofit threat researchers were key to the disruption and asset recovery. Visuals: featured image from Pexels; chart from TradingView. Read more AI-generated news on: undefined/news
Ethereum, Solana Top Dev Activity — But Crypto Developer Momentum Is Slowing
Headline: Ethereum and Solana Still Lead Developer Activity — But Overall Crypto Dev Momentum Is Slowing Ethereum and Solana continue to top the list for developer activity in crypto, but broader ecosystem metrics are flashing warning signs as weekly commits and active developer counts slide — a trend coinciding with volatile macro conditions, including rising oil prices tied to the U.S.–Iran conflict. What the data shows - Artemis metrics put the Ethereum ecosystem in the lead, with the Ethereum Virtual Machine (EVM) recording roughly 31,620 weekly commits. Several Ethereum sectors rank among the top seven by activity. - Solana follows, led by the Solana Virtual Machine (SVM) across Layer 1 and Layer 2, with about 7,056 weekly commits. - Despite leading the pack, both networks have seen material pullbacks in short-term developer activity. Wider ecosystem slump - Weekly commits across the crypto industry plunged from a peak near 870,900 in March last year to about 217,500 in February. - The steep drop accelerated around the market’s October 10 crash, which produced the largest liquidation event in crypto history. - Weekly active developers fell from a yearly high of roughly 10,600 in May to about 4,000, a decline that has continued since October — suggesting developer sentiment is being affected by price action. Network-specific declines (last three months) - Ethereum: weekly commits down ~54%; developer activity down ~34%. - Solana: weekly commits down ~43%; developer activity down ~40%. Market context and outlook - Prices for ETH and SOL have struggled amid a broader bear market and geopolitical uncertainty. CryptoQuant Head of Research Julio Moreno emphasized that the bear market is still in force despite a recent Bitcoin-led relief rally. - Market analyst Doctor Profit predicts Bitcoin could find a bottom between September and October, implying Ethereum and Solana might face further downside. - Moreno also told The Block that ETH could fall to around $1,500 by Q3 or early Q4 if the bear market persists. Notable tension: “adoption paradox” Moreno flagged an “adoption paradox” for Ethereum — on-chain/network activity is rising, yet ETH’s market price is falling. That divergence underscores how developer and user activity don’t always translate immediately to price support, especially in turbulent macro and liquidity conditions. Takeaway Ethereum and Solana remain the most active development hubs in crypto, but the industry-wide fall in commits and active developers — amplified after the October crash and amid geopolitical headwinds — suggests a cooling of momentum. Watch on-chain activity vs. price action, analyst bottoms for Bitcoin, and whether dev engagement recovers as market conditions stabilize. Read more AI-generated news on: undefined/news
Could Shiba Inu Make You a Millionaire by 2028? Bull Case Needs ~$70K and 12.18B SHIB
Shiba Inu’s 2021 run created overnight millionaires — and the meme coin still sparks similar “what if” conversations today. But SHIB has suffered a brutal retreat since its October 2021 peak of $0.00008616, slumping more than 93% from that all-time high. With that context, here’s a clearer look at whether Shiba Inu could make someone a millionaire by 2028 — and what it would take. Quick snapshot - ATH: $0.00008616 (Oct 2021). Drop since ATH: >93%. - Telegaon 2028 forecast (bullish): $0.0000821 per SHIB. - Changelly 2028 forecast (bearish): $0.00000536 per SHIB (about an 8.6% drop from current levels). - At Telegaon’s $0.0000821 target, you’d need roughly 12,180,268,000 SHIB to equal $1,000,000 — buying that many SHIB today would cost about $70,646 (per current prices used in these estimates). What the forecasts mean - Bull case (Telegaon): If SHIB reaches $0.0000821 by 2028, holders who accumulate ~12.18 billion tokens now (costing roughly $70k at present prices) would see those holdings hit the $1M mark. In other words, Telegaon’s projection implies a path back near last cycle’s peak where relatively modest capital could again produce life-changing returns — but only if that upside materializes. - Bear case (Changelly): Changelly’s outlook is far more conservative, suggesting SHIB will trade near today’s levels in 2028 (forecast peak $0.00000536). Under that scenario, buyers at current prices would likely lose money over the time horizon. Why a breakout is difficult (and what could change it) - Massive supply: SHIB’s enormous circulating supply is a major headwind. Even big percentage gains in price require vast amounts of market demand to move the needle in dollar terms. - Supply reductions: Aggressive token burns or other supply-reduction mechanisms could amplify price moves if demand holds or increases. - Adoption and utility: Beyond burns, broader adoption (payments, integrations, real use cases) or ecosystem growth would be necessary to sustain meaningful, long-term price appreciation. Bottom line Becoming a Shiba Inu millionaire by 2028 is technically possible under bullish forecasts — but it depends heavily on which market scenario plays out. Telegaon’s model implies a ~$70k entry could become $1M if SHIB returns to near its prior highs; Changelly’s view suggests much more muted outcomes. As always, the token’s huge supply and the need for greater adoption mean outcomes are far from certain — investors should weigh the risks and do their own research before allocating capital. Read more AI-generated news on: undefined/news
Glassnode: Bitcoin's Sideways Trade Lacks Short-Term Accumulation — Rally Looks Fragile
On-chain analytics firm Glassnode says Bitcoin’s recent sideways trading hasn’t been matched by the kind of heavy short-term accumulation that typically precedes bullish breakouts. What Glassnode looked at - The team examined the Bitcoin Cost Basis Distribution (CBD) for short-term holders (STHs) — coins acquired within the past 155 days. The STH CBD shows where recent buyers established cost bases across historical price levels. Because the window is short, clusters thin naturally over time as coins are spent at different prices or age out into the long-term holder cohort. What the charts show - After November’s crash, a dense STH supply cluster formed at the lows, signaling substantial dip-buying and fresh accumulation. That cluster later helped stabilize BTC during the November–January consolidation, though the market later plunged beneath it, meaning those positions are now underwater. - The November–January range also filled some higher price levels with modest supply, indicating active trading, but nothing as concentrated as the low-price cluster. - In the current consolidation, however, Glassnode finds no comparable surge of dip-buying or a large new supply cluster. “An accumulation cluster is forming in the $62k–$72k range,” the firm notes, “however, its intensity is modest relative to prior phases that preceded sustained expansions.” Why it matters - A thin STH accumulation band implies weaker conviction from recent buyers and a less robust foundation for a mid-term breakout. In other words, without stronger short-term accumulation, any rally may be more fragile until more significant demand reappears. Price snapshot - At the time of reporting, BTC trades around $71,100 — up nearly 5% over the past week. Read more AI-generated news on: undefined/news