Bitcoin’s recent price correction appears driven by market rotation rather than panic, according to key risk indicators and on-chain data analytics. The cryptocurrency faces critical support at the $115,000 level as significant whale activity emerged, involving approximately $9.6 billion in BTC transfers to exchanges.
Nigeria’s Securities and Exchange Commission introduced a new legal framework regulating stablecoins, marking a pivotal advancement for Africa’s cryptocurrency regulatory landscape. The rules establish clear compliance requirements for stablecoin issuers operating within the country.
Ethereum demonstrates sustained bullish momentum despite recent 15% price pullbacks, with technical analysts suggesting potential for extended gains following its breakout from a five-year trading range. This strength coincides with rising adoption across decentralized finance applications.
The Hyperlane ecosystem witnessed a milestone as its native HYPER token reached new all-time highs after launching Warp Routes 2.0. This upgrade provides enhanced cross-chain liquidity solutions, improving interoperability between blockchain networks.