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Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary


Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...

Biggest Movers: BCH 6% Higher, as Price Nears $200 Level


Bitcoin cash was one of Tuesday’s biggest movers, as bullish sentiment returned to markets, following recent declines. After huge losses on Monday, bulls have seemingly moved to buy the dip in price, pushing the global market cap 1.55% higher as of writing. Solana also surged...

XRP Price Prediction as XRP Drops 1.2% in 24 Hours – Time to Buy the Dip?


In today's market update, Ripple has witnessed a decline of roughly 1.2%, bringing its current price to $0.4787.  Despite this dip, there seems to be a silver lining as the cryptocurrency displayed signs of recovery during the US trading session.  The trading volume for XRP over the last 24 hours...

Fourth Consecutive Week of Decline: NFT Sales Dip 6.75% 


Non-fungible token (NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to approximately $80.69 million, with a notable chunk...

Bitcoin Price Prediction as BTC Drops 1% – Time to Buy the Dip?


As Bitcoin takes the limelight once again, its live valuation stands at $25,702, experiencing a minor slump of nearly 1% over the past 24 hours.  According to the latest metrics from CoinMarketCap, Bitcoin proudly retains its #1 position with a monumental market capitalization of approximately...

Bitcoin Price Prediction as BTC Drops 4.6% – Time to Buy the Dip?


In recent developments, the ever-volatile Bitcoin price has witnessed a 4.6% dip, prompting investors and market enthusiasts to question: Is this the opportune moment to buy the dip?  As of now, Bitcoin is priced at $25,619, with an impressive 24-hour trading volume of $18.8 billion.  Retaining...

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