Search
Analyst Warns of US Banking Sector Troubles, Foresees Stock Market and Bitcoin Slide
24.6.2024
While U.S. federal regulators, including the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, have identified concerns with the crisis management tactics of four banks, in a recent interview with Kitco, market strategist Gareth Soloway expressed concerns. Soloway suggests...
Meme Coin Meltdown: Presidential Tokens TRUMP and BODEN Tumble Amid Market Slump
20.6.2024
Amid a general downturn in the cryptocurrency market, meme coins have experienced notable losses over the past week. Dogecoin and shiba inu declined by 13.9% to 15.6% respectively in the last seven days, while presidential meme coins such as TRUMP and BODEN also suffered substantial double-digit...
Despite Crypto Market Downturn, TON Achieves All-Time High
15.6.2024
While bitcoin and the broader cryptocurrency market experienced declines over the past three days, The Open Network’s toncoin (TON) hit an all-time high on Saturday morning, reaching $8.25 per unit. TON has climbed into the top ten rankings with a current market valuation close to...
Meme Stocks GME, AMC and Related Meme Coins Take a Hit as Roaring Kitty’s Influence Wanes
4.6.2024
The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC Entertainment Holdings, or AMC, has also experienced...
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard
1.5.2024
During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in...
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
27.4.2024
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred...
Elon Musk-Themed Meme Coin Skyrockets 26,896% on Solana, as Another Hidden Meme Coin Hits $5.5M
17.4.2024
Solana meme coin markets remain explosive despite the crypto market downturn, and now Elawn Moosk token is the latest Elon Musk-themed token to explode. This article will provide an analysis of MOOSK’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse...
Shiba Inu’s burn rate Soars 25,000% amid market downturn
17.4.2024
The prominent meme-based cryptocurrency, Shiba Inu, has shown an exceptional surge in token burning rate, rising by 25,035.22% in a single day based on Shibburn’s confirmation. This showed an instant the community’s efforts to diminish the token and scalp it during the challenging...
9 Altcoins to consider during the crypto market downturn
15.4.2024
A popular crypto YouTuber and analyst, Matt, revealed the top 9 altcoins in 2024 that will bring potentially high returns even as the crypto market faces a major downtown. Matt is optimistic about the following altcoins, considering their historical market behavior, and is expecting 100x gains...
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
19.3.2024
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings...
Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend
21.2.2024
On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the $53,000 mark the day prior, while ether soared past the $3,000 threshold...
Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General
9.2.2024
Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Trust, offered customers up to 8% interest on crypto loans. But it was suspended amid the crypto market downturn...
Affected by the National Stock Market Downturn, Chinese Investors Have Flocked to Gold
1.2.2024
Chinese investors have been buying gold as an investment, motivated by the poor performance of traditional stock and property options. According to World Gold Council (WGC) reports, China had the largest demand for gold for jewelry and investment purposes in 2023. This, and the demand from central...
Biggest Crypto Gainers Today on Uniswap – $CHECKS, $VV, $BIDEN2024
25.1.2024
$CHECKS, $VV and $BIDEN2024 are the biggest crypto gainers today on Uniswap, as the broader market downturn worsens. Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day. That’s because their low level of liquidity means that relatively small buy pressure...
Top Crypto Gainers Today on DEXTools – XETH, TWEET, KABO
23.1.2024
Top Crypto Gainers Today on DEXTools $XETH, $TWEET and $KABO are the top crypto gainers today on DEXTools, as the broader market downturn worsens. Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day. That’s because their low level of liquidity means that...
Cardano shows resilience amid market downturn, eyes $1 in 2024
23.1.2024
As the euphoria that has driven the crypto market fades, huge names like Cardano are becoming sluggish. ADA is trading around $0.4825, with a 3.23% dip in the past 24 hours. The crypto has lost over 9% value in the past week alone. Despite the dip, Cardano has not stopped its market advancements...
Bitcoin Price Prediction as ETF Approval Date Approaches – Quick Pump to $50,000 Incoming?
3.1.2024
In the volatile world of cryptocurrencies, Bitcoin recently experienced a sharp decline, losing over 7% in just 24 hours, and dragging other major cryptocurrencies down with it. Ethereum, Solana, XRP, Cardano, and Avalanche all suffered significant losses following Bitcoin’s drop to below...
XRP Price Prediction: Drops to 6th in Market Cap Rankings – What’s Behind the Shift?
28.12.2023
Ripple’s XRP coin, defying the overall market trend, has shown remarkable resilience, maintaining an upward momentum well above the $0.630 mark. This sustained growth comes amidst a broader market downturn, which saw the total cryptocurrency market cap fall by 2.6% to $1.71 trillion over...
Bitcoin Price Prediction as BTC Holds Strong Amidst Marketwide Selloff – When Will the Next Leg Up Begin?
20.11.2023
Bitcoin, the cryptocurrency market’s standard-bearer, has demonstrated remarkable tenacity, maintaining a position firmly above the critical $37,000 mark despite a general market downturn. The electoral victory of Javier Milei, a staunch Bitcoin proponent in Argentina, has energized investor...
Chainalysis Lays Off Another 150 Employees Amid Ongoing Market Downturn
3.10.2023
In response to the ongoing market downturn and reduced commercial demand, blockchain analytics firm Chainalysis is laying off another 150 employees, representing over 15% of its workforce.
CEO Michael Gronager informed employees of the decision in an email on Monday evening, according to a recent...