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Daily Crypto Update: Market Revives as BTC and ETH Regain Value


The crypto market has made an unexpected mid-week comeback. Most of the top 10 cryptocurrencies have earned back some of their lost value. Bitcoin is leading the pack with an example, earning 4.15% value in the past 24 hours. Ethereum and Solana are also supporting the market leader with their...

Daily Crypto Update: Market Gains Stability with Rare Outliers


After an unexpectedly bullish session, the crypto market has entered a slump. The market has been sluggish for the past week, with most cryptos gradually dropping in value. Most of the top 10 cryptocurrencies have lost value in the past 24 hours, with the exception of Solana and Ripple, which have...

Daily Crypto Update: Correction stance stands with minimal grace


The week has not been favorable for the crypto market as it continues to showcase bearish tendencies. Ever since Biden made a surprising exit from the presidential race, the financial market has remained uncertain. Even the stablest cryptocurrencies, such as Bitcoin and Ethereum, are gradually...

Daily Crypto Update: Bearish day puts top tokens in a minor slump


After a quick bullish session, the crypto market is showing signs of correction. The majority of the top cryptocurrencies have been unable to establish a consistent rhythm over the past 24 hours. From Bitcoin and Ethereum to Cardano, the top 10 cryptocurrencies (barring USDC and USDT stablecoins)...

Daily Crypto Update: Memecoins rule while altcoins stay stagnant


The crypto market is undergoing a restructural phase with most cryptocurrencies struggling to find a footing. With the exception of Bitcoin and Ethereum, most coins are undergoing unplanned fluctuations. Pixelverse experienced 99.21% growth, while RealGOAT demonstrated a 174.38% growth spurt....

Daily crypto updates: BTC nears $64k, XRP loses 5% value, and more


The crypto market is going through a rollercoaster phase, with tokens making unexpected switches. Over the past week, most cryptos have amassed a decent growth spree. However, on the 24-hour trading chart, cryptocurrencies appear to be struggling. Some of the key reasons for this are market...

Worldcoin Reports 2M WLD Unlock Daily till 2028; Price Impact


Worldcoin’s price has barely begun recovering, and before the altcoin could reclaim its lost profits, the developers made a major announcement. Could Worldcoin token unlock impact price negatively? Worldcoin’s price is presently trading at $2.56 after a 63% increase throughout June and early July....

Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low


Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...

Blackrock’s IBIT Leads as Spot Bitcoin ETFs See $73M in Daily Net Inflow


Spot bitcoin exchange-traded funds (ETFs) trading in the United States experienced their fourth straight day of net inflows on Friday. Data from sosovalue.xyz shows $73.05 million was added during the trading sessions, with Blackrock’s IBIT leading the pack. Spot Bitcoin ETFs Enjoy Four-Day...

TRON hits 2.5M daily active users: Green days ahead for TRX


Recently, the TRON blockchain saw a spike in daily active users, reaching 2.5 million—a landmark that may tell a bullish story for its native cryptocurrency, TRX. TRON’s user base has steadily swelled as its decentralized applications (dApps) and offerings gain favor, demonstrating the sound...

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