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Bitcoin Miners Anticipate Relief: Upcoming Difficulty Reduction Projected After August’s Challenges
1.9.2023
While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the network’s hashrate is about 367.58 exahash per second (EH/s), with an average of 380.90 EH/s over the past ten days. After...
August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction
31.8.2023
Over the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125 billion threshold, continuing a trend...
Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
30.8.2023
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted
NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded
27.8.2023
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during...
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
26.8.2023
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this proposal. Consequently, Celsius’s...
PEPE whale seizes dip opportunity, buys $529k worth of tokens
25.8.2023
This transaction followed this same whale’s previous transactions on 5 June 2023 where he spent 280 Ethereum (worth $507,000) to acquire 500 billion PEPE
XRP Price Prediction as Bulls Defend $0.51 Level – Time to Buy the Dip?
25.8.2023
The XRP price has declined by nearly 3% in the past 24 hours, with its drop to $0.510528 also marking 27% decline in the last 30 days.
XRP's losses have come amid a difficult time for the cryptocurrency market, which has declined by 11% in the past month, following negativity caused...
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week High, as Bulls Move to Buy the Dip
24.8.2023
Bitcoin rebounded from recent lows on Thursday, as bulls moved to buy the dip, following a drop below the $26,000 level. The rally comes as traders rejected a full breakout below a key support point of $25,600. Ethereum was also back in the green during today’s session. Bitcoin Bitcoin...
Bitcoin difficulty jumps 6% to new peak as miners ignore BTC price dip
23.8.2023
BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see
Analysis Suggests Bitcoin’s 2024 Halving Could Propel Price to $400,000
22.8.2023
The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand for bitcoin. The report highlights how a dynamic...
Ethereum Price Prediction as ETH Falls 10% – Time to Buy the Dip?
22.8.2023
The Ethereum price has dropped to $1,664 today, representing a 0.4% fall in 24 hours and a 10% loss in the past week.
ETH is also down by 11% in the last 30 days, with the altcoin's losses coming amid a period of market-wide negativity that has been caused macroeconomic fears (e.g. China)...
XRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as 'Buy the Dip' Mentions Fade
22.8.2023
Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets
Bitcoin Price Prediction as BTC Falls to $26,000 Support Level – Dip-Buying Opportunity?
22.8.2023
In the ever-evolving landscape of cryptocurrency, the price of Bitcoin price currently hovers at $26,051, experiencing a marginal decrease of 0.25% on Tuesday.
While market dynamics remain fluid, recent developments and factors have caught the attention of both investors and enthusiasts. ...
THORChain Price Prediction as RUNE Becomes Best Performing Coin of the Week – Time to Buy the Dip?
21.8.2023
THORChain (RUNE) stands apart with its distinctive cross-chain liquidity system, and in the current week, it has captured considerable attention for a compelling reason.
Coingecko reports the current price of THORChain at $1.74, reflecting an impressive 33% surge over the span of the last seven...
Weekly NFT Sales Dip by 1.18% Despite Rising Buyers and Transactions
20.8.2023
Based on the most recent week-long data, non-fungible token (NFT) sales experienced a slight decline of 1.18% from the previous week. Despite a recorded $107.05 million in NFT sales, there was a noteworthy rise of 86.71% in the number of buyers. Additionally, NFT transactions increased by...
Top 10 Stablecoins Witness Massive Supply Reductions, Yet Dominate 61% of Global Trade Volume
18.8.2023
For the first time in months, the entire list of top ten stablecoin assets has experienced supply shrinkage in the last 30 days. The stablecoin market now stands at $124 billion, following notable reductions across several projects. Yet, stablecoins still dominate in terms of global trade volume...
Bitcoin Price Prediction as Fundstrat's Tom Lee Says BTC Could Reach $180,000 Next Year – Time to Buy the Dip?
17.8.2023
Amidst the fluctuating cryptocurrency markets, Bitcoin's future value remains a topic of fervent discussion.
Recently, Fundstrat's Tom Lee has projected that BTC could soar to a staggering $180,000 by next year.
This prediction has left many wondering if now is the opportune moment to invest...
SHIB, BONE, LEASH tokens dip amid rumors of $2.5M Shibarium gaffe
17.8.2023
Shiba Inu and related-token prices plunged since Shibarium's launch, while rumors of a significant technical error in the new Shibarium network have been swirling
Dogecoin Price Prediction as DOGE Falls 5% in 24 Hours – Time to Buy the Dip?
16.8.2023
The Dogecoin price has dropped by 5% in the past 24 hours, falling to $0.070500 as the cryptocurrency market reacts badly to speculation that the SEC has delayed all decisions on recent Bitcoin ETF applications.
DOGE is now down by 7% in a week and by 8% in a fortnight, with the meme token...
XRP Price Prediction as $800 Million Trading Volume Floods In – Are Whales Buying the Dip?
15.8.2023
The XRP price has remained stuck at $0.626890 this morning, in line with a cryptocurrency market that also hasn't really moved in the past 24 hours.
This puts XRP at a 1% gain in a week and a 12% loss in the last 30 days, with the altcoin having risen by 84% since January 1, largely as a result...