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Stablecoin Market Capitalization Soars to 11-Month High, Taps $134 Billion


The stablecoin market capitalization has surged to its highest point in 11 months with increased network activity recorded at the start of the year. A recent market research by cryptocurrency analytics firm, CCData shows an increase in the stablecoin market as the wider digital asset market...

Bitcoin Technical Analysis: Deciphering BTC’s Complex Market Behavior


Bitcoin’s price dynamics on Jan. 24, 2024, present a complex picture of market fluctuations and investor sentiment. With prices oscillating between $39,878 and $40,069 in the past hour and a broader 24-hour range of $38,505 to $40,515, the cryptocurrency exhibits notable volatility. Bitcoin...

OKB Flash Crash Wipes Out $6.5B In Minutes, OKX Vows to Reimburse Traders


The OKB flash crash on the OKX exchange wiped out billions in market value within minutes before a swift rebound. Image by Dennis, Adobe Stock. In a major crash that shocked traders, the OKB price dropped over 50% within 15 minutes on January 23, wiping out $6.5 billion in diluted market...

Bitcoin Technical Analysis: BTC Navigates Through Bearish Currents


With market capitalization standing at $798 billion and a 24-hour trade volume of $16.58 billion, bitcoin’s current state remains consolidated just above the $41K zone. As bitcoin hovers around $41,088, a meticulous analysis of its 1-hour, 4-hour, and daily chart unveils a predominantly...

Ethereum Technical Analysis: ETH Stabilizes in a Narrow Range


Today’s trading session commenced with ethereum oscillating between $2,480 and $2,532 in the past hour, enclosed within a daily range of $2,472 to $2,544. This restricted range hints at a brief stabilization period after a spell of recent market swings. Ethereum maintains a strong market...

Solana Memecoins Continue Freefall of Over 70% After December Boom


Source: Pixabay Meme coins on the Solana blockchain have continued their rapid drop after a surge in December. The Solana blockchain previously drew attention in December after bonk tokens experienced a rally of over 1000%. SOL, Solana’s native token, even exceeded the market capitalization...

Bitcoin’s Flash Crash Sends Shockwaves Through Gaming Token Market


Source: Adobe/nuclear_lily Bitcoin’s recent flash crash has sent shockwaves across the cryptocurrency market, impacting various gaming-related tokens.  On Wednesday, Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a rapid decline of approximately 7%, prompting...

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