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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...
April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK
1.5.2024
As April concludes, the cryptocurrency industry experienced a significant downturn in combined losses from hacks and scams, reaching the lowest recorded figure.
The post April Records Lowest Crypto Hack and Scam Losses Since 2021: CertiK appeared first on Cryptonews
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...
Time to buy Bitcoin? Recent downturn shows off advanced Octoblock features
25.4.2024
The recent Bitcoin price drop has prompted astute investors to consider entering the market while simultaneously displaying the potential of Octoblock’s advanced features. Bitcoin price The Bitcoin price plunged below $60,000 on April 17, reaching levels last seen in February. This decline...
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...
Pepe Holders Shift to Exciting New Solana ICO, Targeting 100x Gains
17.4.2024
Holders of Pepe (PEPE) felt their bags get 24% lighter in the last seven days as meme coins took some of the hardest hits amidst a market-wide downturn. PEPE trades at $0.0553 as of the morning (UTC) of April 17, 2024. Other leading meme coins posted similar 7-day depreciation, including Dogecoin...
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...
Is Bonk Going to Zero? BONK Price Drops 33% While Rival Solana Meme Coin Snags $10M
15.4.2024
The price of the popular Solana meme coin BONK has fallen 33% over the last 7 days, according to data by CoinGecko. However, the worst of the downturn appears to have passed. BONK is now 2.4% higher than it was 24 hours ago. It’s still down about 1.5% in the last hour but with...
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...
Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off
14.4.2024
The cryptocurrency market experienced a significant downturn following an Iranian drone attack on Israel, leading to a widespread sell-off of digital assets.
The post Crypto Markets Crash as Iranian Drone Attack on Israel Sparks Sell-Off appeared first on Cryptonews
Bitcoin Technical Analysis: Price Consolidates Following Bearish Downturn
3.4.2024
On Wednesday, bitcoin’s trade volume and overall value provided insights into its current technical situation. With a daily trading volume reaching $45.30 billion and a total market value of $1.29 trillion, the cryptocurrency’s liquidity and market breadth still stands strong....
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.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign
18.3.2024
Amid Bitcoin fluctuations, Crypto.com CEO Kris Marzsalek views the downturn as a beneficial and “healthy” adjustment, setting the stage for sustainable growth in the cryptoc market.
The post Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign appeared first on Cryptonews
Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB
18.3.2024
Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in...
NFT Market Faces 16.55% Drop in Sales Amidst Cryptocurrency Downturn
16.3.2024
In tandem with the broader downturn of the cryptocurrency market this week, the non-fungible token (NFT) sector also experienced a downturn in sales over the preceding seven days. From March 9 to March 16, 2024, the NFT market witnessed sales amounting to $358,080,260, a decline of 16.55% from...
Nasdaq-Listed Bitcoin Mining Companies Bounce Back From Recent Downturn
9.3.2024
Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent decline. In the last five days, Marathon Digital Holdings’ stock fell over 15%, yet on Friday, it experienced a 7.71% increase in value against...
Pepe Coin Sets Record High, AI Meme Coin Secures $3M Funding for Future Growth
7.3.2024
As meme coin markets go into overdrive, Pepe has set a record high. But as PEPE price analysis suggests a looming downturn, could this AI meme coin be more promising? This article will provide an analysis of PEPE’s current price trends and look to see whether a newer AI meme coin, Scotty the...
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...
Is Injective on the Verge of a Downturn? INJ Price Dips as Anticipated Meme Coin SPONGE Sets Stage for Launch
20.2.2024
Leading AI-powered DEX project Injective Protocol has seen resistance trigger a downtick in price. This article will provide an analysis of INJ’s current price trends and look to see whether a newer meme coin, SPONGE, represents a more promising investment opportunity at this time. Injective...
Latest Solana Meme Coin ‘AI’ Blasts Up 649.38% and Traders are Now Stacking This Other Coin
19.2.2024
As Solana meme coin markets remain supercharged hives of activity amid high ETH gas fees, AI has broken out as the latest major coin pump, but with AI price analysis revealing a potential downturn despite AI narrative – could stacking this other coin offer better returns? This article will...