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Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low
22.9.2023
ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency
Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Ethereum Whales Send $60M ETH to Exchanges
19.9.2023
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 3-Month Low, as Bulls ‘Buy the Dip’
12.9.2023
Bitcoin dropped below the $25,000 mark late on Monday, as bearish sentiment intensified to start the week. The cryptocurrency has since rebounded, and as of writing is hovering marginally above the $26,000 level. Ethereum also declined, hitting its lowest level since March. Bitcoin Bitcoin fell...
Biggest Movers: SHIB Plunges to Multi-Month Low on Monday
11.9.2023
Shiba inu started the week by dropping to its lowest point since June, as a red wave swept through cryptocurrency markets. This has pushed the global market cap 1.20% lower at the time of writing. XRP fell by as much as 5%, as Ripple’s battle with the Securities and Exchange Commission (SEC)...
Biggest Movers: CRO Moves From 3-Month Low, XLM Extends Recent Gains
8.9.2023
Cronos rose for a second consecutive session, as the token continued to move away from a recent three-month low. Volatility in the marketplace was high on Friday, after several days of price consolidation. Stellar also surged, moving to a three-day high. Cronos (CRO) Cronos (CRO) continued to move...
Ethereum Transaction Fees Fall To Levels Not Seen Since Late 2022
28.8.2023
Ethereum’s total daily transaction fees hit an eight-month low after it plunged to 1,719 ETH approximately $2.1 million on Aug 27.
The recent decline in total gas fees can be attributed to low network activity and the rise of layer 2 scaling solutions.
According to data from on-chain analytics...
Ethereum's Daily Transaction Fees Hits 8-Month Low of $2.8M
28.8.2023
Ethereum's daily total transaction fees fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26
Biggest Movers: MATIC 5% Lower on Tuesday, Hitting a 2-Month Low
22.8.2023
Polygon was one of the biggest movers in crypto markets on Tuesday, as the token fell by over 5% in today’s session. The decline saw the token fall to its weakest point in two months, breaking out of a key support point in the process. Cardano was also in the red today. Polygon (MATIC)...
Bitcoin price drops to a two month low — Did pro traders benefit?
18.8.2023
A massive amount of traders were liquidated as BTC price dropped to $25,300, but was it primarily retail traders that were washed out?
Bitcoin, Ethereum Technical Analysis: BTC Plummets Below $26,000 on Reports Elon Musk’s Spacex Liquidated Bitcoin Holdings
18.8.2023
Bears ran through crypto markets on Friday, following reports that Elon Musk’s Spacex had sold all of its bitcoin holdings. It has been suggested that Spacex liquidated over $370 million worth of the cryptocurrency last year. Ethereum dropped below $1,600. Bitcoin Bitcoin (BTC) bears pushed...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Near 2-Month Lows as Bears Regain Momentum
17.8.2023
Bitcoin extended recent declines on Thursday, as the cryptocurrency moved towards a two-month low. Bearish sentiment increased following the latest Federal Open Market Committee (FOMC) minutes, where the Federal Reserve hinted at further rate hikes. Ethereum fell below $1,800 today. Bitcoin Bitcoin...
Bitcoin bulls risk trading range loss as BTC price nears 2-month lows
17.8.2023
Bitcoin almost breaks down from its sideways construction in place for months, and Bitcoin bulls are struggling to prop up the market
Biggest Movers: DOGE, XRP Fall to Multi-Week Lows, as Bearish Sentiment Intensifies
16.8.2023
Dogecoin dropped to a one-month low on Wednesday, as a red wave swept through cryptocurrency markets. Bearish sentiment remained high as the session progressed, with the global market cap falling by nearly 2% today. XRP also plunged in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) fell...
Russian Ruble Plunges to 16-Month Low vs the US Dollar — Experts Cite Oil Price Cap
15.8.2023
The Russian currency’s exchange rate versus the U.S. dollar recently dropped below RUB100 per greenback — its lowest in 16 months. Economists attribute the ruble’s latest plunge to the effectiveness of a price cap imposed on Russian oil by Western countries. Russ Mould said...
Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing
1.8.2023
Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem
First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low
25.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC, ETH Find Price Support Ahead of US Consumer Confidence Report
25.7.2023
Bitcoin rebounded from a one-month low Tuesday, as markets prepare for the upcoming U.S. consumer confidence report. The confidence index is expected to increase to a reading of 111.5 in July, up from 109.7 the month prior. Ethereum also bounced higher, after colliding with a key price floor....
XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low
19.7.2023
Bitcoin’s stall despite the recent wave of positive news is a cause for concern, one observer said
Bitcoin, Ethereum Technical Analysis: ETH Over $1,900 as Greenback Weakens on Tuesday
11.7.2023
Ethereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies. The biggest fall came versus the British pound, with USD/GBP hitting a 15-month low. Bitcoin also rose higher, climbing past $31,000 earlier in the day. Bitcoin Bitcoin (BTC) moved...
Bored Ape Yacht Club NFT Collection Floor Price Sinks to 20-Month Low
3.7.2023
The floor price of the Yuga Labs NFT collection fell to 27.4 ETH, or about $53,000 on Sunday evening before rebounding slightly