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Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump
5.2.2024
Cryptocurrencies slid lower Monday with bbitcoin nearing $42K as soaring U.S. interest rates amid strong economic data, hawkish Powell weighed on prices
Peter Brandt Highlights Bitcoin Price Pattern Key to Keeping BTC’s Bull Trend Healthy
30.1.2024
Veteran trader Peter Brandt has highlighted a bitcoin price pattern that frequently appeared in past major bull runs. “It is the Hump …Slump …Pump… Dump [HSPD] that keeps a bull trend healthy,” he explained, emphasizing: “Study past major bull runs...
Chinese Investors Are Turning to Crypto Amidst a National Stock Market Slump
27.1.2024
Chinese investors are increasingly putting part of their portfolios in cryptocurrency due to the state of the national stock market. According to reports, investors are using exchanges like Binance or Okx, or Hong Kong local exchanges, to purchase crypto using payment methods like Alipay...
Bitcoin Price Drops Below $39k as Total Liquidation Reaches $320 Million in 24hrs
23.1.2024
Source: Pixabay Bitcoin (BTC) is facing another wave of volatility falling below the $39,000 mark on Tuesday, a 4.33% slump in the past 24 hours. The largest crypto by market cap is currently trading at $38,955 at press time. Bitcoin price has dropped slightly over 9% in the weekly charts and...
Meme Coin Market Bucks Crypto Downtrend With 3.2% Rise, Led by DOGE and BONK Gains
14.1.2024
Recent data indicates that despite a general decline in the crypto economy, the meme coin sector has experienced a 3.2% increase in the last 24 hours. Notably, dogecoin and bonk have observed respective surges of 1.2% and 9%. Additionally, Sunday saw several meme tokens achieving gains in...
Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners
26.12.2023
Source: AdobeStock / Photocreo Bednarek The hashrate of the Bitcoin (BTC) network has reached a new all-time high, putting additional pressure on miners who are already grappling with a slump in profitability. According to data from Blockchain.com and Bitinfocharts, Bitcoin’s hashrate soared...
Dogecoin’s Network Activity Slump; Render and InQubeta Set Sights on a Significant Surge
12.12.2023
InQubeta (QUBE) and Render (RNDR) are two of the best altcoins to buy now as both are expected to enjoy substantial price growth in the coming months and years. InQubeta prices have grown 175% since its presale started, raising over $6.4 million in token sales. Investors buying tokens now still...
XRP Price Prediction as XRP Climbs 2% Amid Trading Volume Slump – Will XRP Continue Its Upward Trend?
2.12.2023
In the dynamic tapestry of the cryptocurrency market, Ripple’s XRP has painted a streak of resilience, climbing 2% in value amid a broader slump in trading volumes. This modest yet significant rise positions XRP at $0.61399, as of December 2, portraying a market that is cautiously optimistic...
Worldcoin Price Rebounds as Sam Altman Stays as Developer’s Chairman
20.11.2023
Source: OpenAI Worldcoin’s valuation has shown a robust recovery from a recent slump, with the price rallying as Sam Altman continues in his role as chairman of Tools for Humanity, the developer behind the cryptocurrency. Source: CoinMarketCap Worldcoin (WLD) has made a significant comeback, seeing...
Dex Trade Volumes Jumped 32% in October; November’s First Week Ends With Strong Activity
8.11.2023
After experiencing a slump in September, with a trading volume of $30.22 billion, decentralized exchange (dex) activity saw a surge in October, climbing by over 32% to $39.98 billion. The momentum in dex trade volume has been consistent in November, with the past week alone accounting for...
Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump
3.11.2023
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the publicly-traded cryptocurrency...
Trading Slump Wiped $12 Billion From Binance Founder’s Fortune, Bloomberg Says
29.10.2023
Binance founder and CEO Changpeng Zhao (CZ) has reportedly lost nearly $12 billion from his wealth amid declining crypto trading volumes this year. According to Bloomberg’s estimates, the world’s largest trading platform for digital assets has seen a 38% decrease in revenues. Bloomberg Estimates...
‘Bond King’ Bill Gross Predicts Q4 Recession: Loan Delinquencies and Regional Banks in the Crosshairs
24.10.2023
Bill Gross, revered as Wall Street’s ‘Bond King,’ foresees a recession clouding the U.S. economy by the year’s final quarter. He pinpoints the burgeoning issue of overdue car payments and the financial strains beleaguering regional banks as catalysts for the impending...
NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue
16.10.2023
Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility
Bitcoin Drops Below $28K on Profit Taking; DOGE, TRX Lead Altcoin Slump
3.10.2023
BTC traded just over $27,600 in Asian afternoon hours on Tuesday, while Ether dropped 3.5% amid a dismal first day of ETH futures ETF trading in the U.S
GRO looks at ceasing official activity amid sector-wide slump
21.9.2023
GRO has decided to shut down all of its present business-related activities following the slow downfall of the DeFi arena. Their plan is to return the remaining treasury to the GRO token owners, who can then have the option of transferring it to a redemption contract. In the case of the DeFi arena...
Axie Infinity’s Stats Slump: A Play-to-Earn Reality Check
17.9.2023
Axie Infinity ranks among the largest blockchain-driven play-to-earn games ever. However, its luster has dimmed considerably from its January 2022 peak. Then, a robust 2.78 million average monthly players flocked to the game. Yet, today’s count stands at a mere 359,254 average monthly...
Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up
4.9.2023
Shibarium network activity has soared despite the price of SHIB falling more than 20% since the tumultuous launch of the layer-2 network
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
31.8.2023
The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said