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Bitcoin Bounces Back Above $43,000 After Strong US Retail Sales Data Prompts Brief Price Dip – Here’s Why BTC Could Soon Hit Fresh Yearly Highs
14.12.2023
Stronger-than-expected US November Retail Sales data released earlier on Thursday triggered a sudden near-$1,500 drop in the Bitcoin (BTC) price from just under $43,000 to around $41,500. Seemingly, the data, which showed an unexpected MoM leap in headline and core retail sales last month...
Xbox Series X Just Got A Massive Price Drop
13.12.2023
In case you still needed to do some last-minute Christmas shopping for the gamers in your life (or for yourself), Microsoft has temporarily slashed the price of its most powerful gaming console, knocking the cost down by $100.Read more
Shiba Inu Price Prediction as SHIB Experiences a 9.25% Drop – Start of a Downward Trend?
13.12.2023
Source: Dall•E 3 The Shiba Inu price has fallen by 2% in the past 24 hours, with the meme token’s slide to $0.00000941 also marking a 9.25% drop in the past week. Despite these losses, SHIB remains up by 14% in a fortnight and by 5% in the last 30 days, with the meme token […]
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Dogecoin Price Prediction as ‘Excess Bullish Leverage’ Leads to Sharp Drop – Is the Market Resetting?
12.12.2023
DOGE Chart / Source: TradingView Dogecoin (DOGE) has pulled back sharply from the multi-month highs it hit on Monday at $0.1075 amid a flushing out of excessive bullish leverage that had built up during the cryptocurrency’s push higher in the past few weeks. DOGE was last changing hands around...
From Dogecoin’s Peak to a Sharp Drop: Is This Investor Shifting Focus to Rebel Satoshi’s Growth?
12.12.2023
TLDR Dogecoin has shed 87% of its ATH thus far, and a resurgence is not coming soon. Investors flock to Rebel Satoshi to seize the projected 150% presale ROI. The crypto market is constantly evolving, with top altcoins like Dogecoin (DOGE) undergoing different price changes due to developments...
Bitcoin, Ether Drop Spurs $500M in Liquidations, But BTC Entering “Never Seen Before” Era
12.12.2023
“Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be bullish on the Bitcoin ecosystem. We are entering an era of Bitcoin that we have never seen before,” one market watcher told CoinDesk
Bitcoin's 4% Drop Cools Overheated Funding Rates, Data Show
11.12.2023
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls
The Game Awards Needs To Drop The Act And Just Become Winter E3
8.12.2023
And so that’s that. The Game Awards 2023 are over. 32 awards were handed out over three and a half hours. You might think, with that much time to spare, the show took its time and truly celebrated all the creators and games nominated for what the show calls “Gaming’s Biggest Night.” Nope. Instead...
Megadeth Drops NFT Collection, Offers Exclusive Access to Metaverse And Real World Events
6.12.2023
Megadeth’s new NFT drop enables exclusive metaverse and real-world access for fans. Image by Kerem Goktug Kaya, DALL-E 3. Yesterday, legendary American thrash metal band Megadeth announced the launch of a new non-fungible token (NFT) collection, offering fans exclusive access to digital...
BRN Metaverse Performs Unprecedented 90% Token Burn, Paving the Way for a New Era in Cryptocurrency
5.12.2023
PRESS RELEASE. [Istanbul- 05.12.2023] – BRN Metaverse, a groundbreaking project at the intersection of Artificial Intelligence, Metaverse and WEB3 Gaming, has officially announced a monumental token burn of 90% with a groundbreaking move. This strategic decision, announced through...
Number of Russians Trading Crypto Is Falling, Says Central Bank
5.12.2023
Source: prokop.photo/Adobe Russia’s Central Bank says there has been a drop in the number of citizens trading crypto – with citizens staying away from major overseas trading platforms. Per RBC, the bank’s data shows Russians’ crypto activity “decreased in the second and third quarters of 2023.”...
Pepe and Shiba Inu See Drop in Investor Interest While NuggetRush Soars in Presale
3.12.2023
TLDR Pepe and Shiba Inu are experiencing a drop in investor interest. Investors are opting for NuggetRush for its intriguing blend of GameFi and P2E. According to experts, its value will rise by 60x. The meme landscape is experiencing a shift in dynamics. A significant trend emerging from...
Report: Bitcoin Miners’ Revenue Down by More Than 30% in the Last 6 Months
2.12.2023
In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoin price volatility, increased competition, and higher electricity...
Dogecoin Price Prediction as Elon Musk’s ‘Doge-1’ Moon Mission Launch Approaches – Will DOGE Reach $1?
30.11.2023
Source: Bing Image Creator The Dogecoin price has dipped by 1% today, with its fall to $0.081625 coming as the cryptocurrency market as a whole has slipped by 0.5% in 24 hours. Despite its drop, DOGE has posted a 7% gain in a week, helped along by the news that the ‘Doge-1’ satellite...
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
30.11.2023
Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the operator’s net profit for the period. Operating Profit...
Is Pyth Network Going to Zero? PYTH Price Falls 11% as This New Crypto Raises $4.5 Million
30.11.2023
As price action continues to consolidate after the seismic launch of the Pyth Network airdrop, traders are on edge with a -11% PYTH price drop threatening technical structure, leading some panicked holders to ask ‘is Pyth Network Going to Zero?’. Market interest in airdrops is at an...
Upbit Crypto Exchange Operator Dunamu Suffers 82% Drop in Profits
30.11.2023
Source: piter2121/Adobe Dunamu, the South Korean operator of the Upbit crypto exchange, has seen year-on-year profits fall by a staggering 82% in the third quarter of FY2023. The South Korean media outlet Business Post reported that Dunamu published its financial report for the third quarter...
Crypto Miner Manufacturer Caanan Reports 48% Drop in Sales – What’s Going On?
28.11.2023
Source: Adobe / Photocreo Bednarek Canaan – a China-based Bitcoin (BTC) ASIC manufacturer and operator – lost nearly half its revenue from mining machine sales last quarter, according to its Q3 earnings. Released on Tuesday, the firm’s financial results showed just $33 million in revenue for...
Upbit parent Dunamu's profits drop 81% in Q3
28.11.2023
Dunamu reported a net profit of $23 million in the third quarter of 2023, a steep drop compared to the $123 million it earned in Q3 2022
Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop
27.11.2023
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $2,017 to $2,088, ethereum maintains a market capitalization of $243 billion. Current technical...