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Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
9.10.2023
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets....
Dogecoin Price Prediction as Hopes for $1 Linger – Is a Bull Market on the Horizon for DOGE?
9.10.2023
The price of Dogecoin (DOGE) has dropped today as the cryptocurrency market continues to weather poor conditions, with the meme token falling by 2% in the past 24 hours.
At $0.060220, DOGE is also down by 6% in a week and by 5% in a month, with the original meme coin having fallen by 14% since...
Uptober Crypto Prices Phenomenon: Historical Trends Meet Market Speculation
9.10.2023
As October unfolds, crypto markets are still wrestling with the term 'Uptober' - for the uninitiated, "Uptober" is an amalgamation of “up” and “October”, describing the historical trend where Bitcoin, and often other major cryptocurrencies, witness a price surge in October.
As Bitcoin kicks...
Crypto Market Stable, Oil Prices Surge as Hamas Attack on Israel Jolts Markets
9.10.2023
The U.S. pre-market futures slid Monday morning, while stock indexes in Asia slumped
South Korea's Crypto Market Cap Nearly Doubles in First Half of 2023, Surpasses $21 Billion
9.10.2023
South Korea's virtual asset market has experienced a significant surge during the first half of 2023, reaching a total market cap of $21.1 billion.
The Financial Services Commission (FSC) of South Korea revealed that the country's crypto market cap witnessed a 46% increase compared to the previous...
NFTs Can’t Catch a Break as Protracted Drop in Sales Continues
8.10.2023
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...
Bitcoin Lingers in a ‘Neutral’ Phase as the Fear and Greed Index Signals Market Consolidation
8.10.2023
On Sunday, October 8, 2023, bitcoin’s price teeters just below the $28K threshold, marking a 2.6% rise from the previous week. Presently, the Crypto Fear and Greed Index (CFGI) hovers at a “neutral” 50 out of 100, a stance it’s held over the past week. Technical data...
SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1-7
7.10.2023
Sam Bankman-Fried trial is underway, Alex Mashinsky trial data is set, and Binance’s market share shrinks
Biggest Movers: BCH, TRX Snap Losing Streak to Start the Weekend
7.10.2023
Bitcoin cash was one of the big gainers to start the weekend, as the cryptocurrency ended a two-day losing streak. Overall, the momentum in the market was marginally higher, as traders continued to consume the latest U.S. nonfarm payrolls report. TRON also returned to the green on Saturday. Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000 Following Comments from Joe Rogan, Sam Altman
7.10.2023
Bitcoin traded above $28,000 to start the weekend, after Joe Rogan commented that it had a chance of becoming a “universal viable currency.” Additionally, traders also reacted to yesterday’s U.S. nonfarm payrolls, which rose by 336,000 in September, more than the 170,000 many...
ProShares Launches Six Ether Futures ETFs, Expanding Crypto ETF Market
7.10.2023
Investment management firm ProShares Advisors has introduced six new futures products for Ether, marking the cryptocurrency's debut in the ETF market.
The newly launched ETFs, released on Monday, offer investors exposure to Ether through futures contracts rather than direct investment in...
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
7.10.2023
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...
What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano
7.10.2023
On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender....
Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker
7.10.2023
Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in compliance with European regulations,” the exchange...
Bitcoin Grapples with $28K Resistance, but ‘Uncorrelated Asset’ Allure Could Mean Higher Prices, Says Analyst
6.10.2023
Bitcoin is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent the crypto down nearly 2%
Binance's Spot Market Share Dips to 34.3% – What's Behind the Decline?
6.10.2023
According to yesterday's report by cryptocurrency data provider CCData, Binance's spot market share has seen a notable decline, falling from 38.5% in August to 34.3% in September. This marks the seventh consecutive month of decreasing spot market share for the world's leading cryptocurrency...
Biggest Movers: AVAX 7% Higher, TON Maintains Bullish Momentum on Friday
6.10.2023
Avalanche rose to a six-week high on Friday, after the token climbed above a key resistance level. The move saw price rise by as much as 7%, despite the global crypto market cap mostly in the red in today’s session. Toncoin remained higher, following recent gains. Avalanche (AVAX) Avalanche (AVAX)...
Canada’s Regulators Clarify Interim Stablecoin Regulations Amid Market Concerns
6.10.2023
The Canadian Securities Administrators (CSA) has released interim terms and conditions to guide cryptocurrency exchanges and asset issuers on stablecoin investments following its previous decision.
The umbrella regulatory body seeks to clarify the issues raised in its intern approach...
Bitcoin, Ethereum Technical Analysis: ETH Ends 4-Day Losing Streak, BTC Briefly Above $28,000
6.10.2023
Ethereum snapped a four-day losing streak on Friday, as markets reacted to the latest nonfarm payrolls in the United States. Payrolls came in at 336,000, which is nearly double the 170,000 jobs many thought would be added in September. Bitcoin retreated from a brief stint above the $28,000 level....
Binance spot market share drops for 7th consecutive month: Report
6.10.2023
Binance’s lost spot trading volume has been reportedly distributed among exchanges like HTX (formerly Huobi), Bybit and DigiFinex