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Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
24.7.2024
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that...
Bitcoin Runes protocol sees sharp decline in popularity
18.7.2024
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance
Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year
7.7.2024
Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the resolution of the Mt. Gox overhang, potential...
Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%
11.6.2024
A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop
Hulk Hogan’s X Posts Vanish After HULK Meme Token’s Sharp Rise and Fall
6.6.2024
A new meme token, hulkmania (HULK), has recently entered the dynamic world of meme coins. It appears to have garnered attention from the legendary wrestler Hulk Hogan’s X account, which referenced it on the social media platform. However, the post on the @hulkhogan X account has been deleted...
Russian Central Bank Flags Sharp Rise in Crypto-related Activity
27.5.2024
The Russian Central Bank says it has noticed a rise in citizens’ transactions on crypto exchanges and peer-to-peer crypto trading platforms.
The post Russian Central Bank Flags Sharp Rise in Crypto-related Activity appeared first on Cryptonews
Bank of Canada Governor Warns of ‘Sharp Correction’ Risks in Markets and ‘System-Wide Stress’
12.5.2024
In his speech on the release of the Financial Stability Report, Tiff Macklem, Governor of the Bank of Canada, sought to emphasize the purported strength of Canada’s financial system while cautioning against ongoing risks that could precipitate a “sharp correction” in markets...
Sharp increase in Non-Fungible Token lending volume
6.5.2024
According to a recent industry report, Arcade and NFTfi are the leading NFT lending platforms of 2024. Both Arcade and NFTfi were successful in capturing above 1% of the monthly market share since the previous year. The report states that Arcade recorded a quarterly increase of $39.46 million...
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
1.5.2024
Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck...
$510 Million in Ethereum Longs at Risk Amid Potential Weekend Volatility – Massive Price Swing Incoming?
26.4.2024
Over $500 million in Ethereum longs could be liquidated if the cryptocurrency experiences another sharp price swing this weekend. Recent volatility highlights the risk, while the SEC's pending decision on spot Ether ETFs adds further uncertainty to the market.
The post $510 Million in Ethereum...
The Switch 2 Might Be Attempting To Harness The Mysterious Power Of Magnets
26.4.2024
A new wave of rumors are doing the rounds regarding the near-mythical Switch 2. Nintendo’s much-deliberated follow-up to its seven-year-old handheld console was most recently speculated to have an 8" screen, after Sharp Corp reportedly massively upped its LCD screen production. Now we have word...
Floki Inu Price Prediction as $170 Million Trading Volume Comes In – Sharp Drop Incoming?
11.4.2024
Despite $170 million in trading volumes coming in on Thursday, the Floki (FLOKI) price has declined 3% to below $0.00020, with some concerned that the meme coin could soon experience a deeper pullback.
The post Floki Inu Price Prediction as $170 Million Trading Volume Comes In – Sharp Drop...
Is It Too Late to Buy Jupiter? JUP Price Nears Record Highs After VR Web3 Coin Bags $3.5M – Still a Buy?
2.4.2024
Jupiter (JUP) hit record highs of $1.75 earlier this week on Monday, April 1, 2024, after a short, sharp rally pumped the price by nearly 25% over the course of 24 hours. The token has since pulled back about 13% and changes hands at $1.52 as of this writing, according to data by CoinGecko....
DogWifHat Price Prediction as WIF Plummets 22% in a Week – What’s Going On?
22.3.2024
DogWifHat's sharp decline sparks curiosity in the crypto world. Amid broader market downturns, WIF's resilience and potential for recovery capture investors' attention.
The post DogWifHat Price Prediction as WIF Plummets 22% in a Week – What’s Going On? appeared first on Cryptonews
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
15.3.2024
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis...
Crypto Funding Rates Reset After Bitcoin's Sharp Pullback From $69K
6.3.2024
The market-wide resetting of funding rates means potential for a more long lasting move to record highs in bitcoin
BEAM and KAS Rise This Week Snagging Double-Digit Gains; XMR, FXS, and RON Face Sharp Declines
12.2.2024
In the past week, bitcoin has risen over 10% and ethereum has seen a growth of more than 7%. Meanwhile, several cryptocurrency assets have posted significant double-digit increases. Notably, beam (BEAM) experienced a surge of over 49%, and kaspa (KAS) enjoyed a 37% uptick in its value within...
Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence
6.2.2024
The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-compliance with its listing criteria, Binance announced that monero, along with three...
Socialfi’s Shining Star Friend.tech Dims: A Tale of Decline and Disinterest
4.2.2024
Just a few months back, social finance (socialfi) platforms were the talk of the town, with Friend.tech leading the charge amidst surging popularity. Yet, as the curtains closed on October 2023, this once-celebrated socialfi platform witnessed a sharp decline in user engagement, and data from...
Crypto Bank Savior New York Community Bancorp Sees 40% Drop in Shares
1.2.2024
New York Community Bancorp (NYCB), the savior of failed Signature Bank, has witnessed a sharp decline of 40% in its shares. The bank’s shares took a hit on Wednesdau after the decision to cut dividend to strengthen its capital and the announcement of an unexpected loss, according to a report...