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Nalezeno "market sentiment": 251

Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap


Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...

LBank Announces Second Launchpad Project – MetaExpand (UMM)


PRESS RELEASE. Recently, market sentiment and expectations for the GameFi sector (also known as ‘X to Earn’) have soared again. LBank’s first Launchpad PINS (Chat to Earn) from last month has seen an increase of 1600% even in a bear market. According to the announcement, LBank...

Biggest Movers: DOGE Snaps a 6-Day Winless Run


After six consecutive days of trading in the red, dogecoin rose higher on Tuesday, after bouncing at a key price floor. The meme coin was a notable gainer in today’s session, despite market sentiment mostly tracking lower. Polygon was also in the green, extending recent gains in the process....

Market sentiment and Ethereum’s price: Bulls vs. Bears


Ethereum co-founder Vitalik Buterin made a noticeable move on Monday, August 21. He transferred 600 ETH, which is worth about $1 million, to a Coinbase exchange wallet. This wallet belongs to his Ethereum Name Service pseudonym, Vitalik.ETH. Currently, the wallet holds 3,935 ETH, valued at around...

Bitcoin Halving: Analyzing the Effects on Price and Market Sentiment


Bitcoin’s next “halving,” an event that reduces the asset’s inflation rate roughly once every four years, is now only 9 months away.  At Block 840,000 (which is expected to occur on April 26 2024), the number of Bitcoin (BTC) produced every ten minutes will fall from 6.25 BTC to 3.125 BTC....

Biggest Movers: XRP 9% Lower, as Price Falls From 10-Week High


XRP plunged by over 9% on Wednesday, as traders moved to secure profits following a recent ten-week high. This decline comes as overall market sentiment remains bearish, following last week’s actions by the U.S. Securities and Exchange Commission (SEC). Cardano was also back in the...

Bitcoin Price Prediction: BTC Slides 4.50% Amidst Mixed Market Sentiment


The price of Bitcoin has experienced a decline of 4.50% in the last seven days as mixed market sentiment continues to impact its performance.  Bitcoin, the leading cryptocurrency, has faced a challenging period as investors grapple with conflicting views and uncertainties in the market.  This...

Biggest Movers: DOGE Extends Declines on Thursday, Falling by Nearly 9%


Dogecoin was one of Thursday’s biggest movers, as the meme coin fell by as much as 9%. The decline comes as market sentiment begins to shift, following huge gains to start the week. Litecoin was also in the red today, with prices hovering near the $90.00 level. Dogecoin (DOGE) Dogecoin...

Biggest Movers: XRP Hits 2-Week High, SHIB Marginally Higher


Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today’s session. XRP XRP, formerly...

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