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Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million
7.9.2023
While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past month, Ordinal inscriptions continue unabated. The number of inscriptions linked to the Bitcoin blockchain is nearing 30 million. On September 3, a record...
Chainlink Price Prediction as $200 Million Trading Volume Comes In – Are Whales Buying?
7.9.2023
The Chainlink price has risen by 1.5% in the past 24 hours, with its jump to $6.22 coming as the cryptocurrency market as a whole declines a little.
LINK is now up by 3% in the past week, with the altcoin bucking market trends by virtue of the recent news that payment network Swift has used...
First Mover Americas: Crypto Trading Volume Hits 4-Year Low
7.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity
7.9.2023
Volatility following the Grayscale's court victory over the SEC failed to translate into trading volumes on centralized exchanges, CCData said
Shiba Inu Price Prediction as Daily Trading Volume Surges Past $100 Million – Are Meme Coins Back?
5.9.2023
The price of Shiba Inu (SHIB) has declined by 1.5% in the past 24 hours, with its drop to $0.00000758 coming on what is also a disappointing day for the market as a whole.
SHIB is now down by 6% in a week and by 21% in the last 30 days, with the meme token also down by 6% since the beginning...
Deribit Sees 17% Growth in Crypto Derivatives Trading Volume in August, Led by Options
5.9.2023
Options tied to ether recorded their highest volumes since March of this year, Deribit's Luuk Strijers told CoinDesk
Shibarium Surpasses 1 Million Wallets in Meteoric Rise, But SHIB and Associated Tokens Face Turbulent Waters
4.9.2023
Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline of over 4% in the past week and a substantial drop...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, ETH Avoids Falling Below $1,600 on Labor Day
4.9.2023
Sentiment in bitcoin remained bearish to start the week, as the cryptocurrency remained below $26,000 on Monday. Market volume was relatively low in today’s session, as a result of the U.S. Labor Day celebration. Ethereum was slightly higher, as the price managed to remain above $1,600....
XRP Price Prediction as $700 Million Trading Volume Comes In – Can XRP Reach $1?
4.9.2023
The XRP price has remained more or less stable today, with its 0.2% gain in the past 24 hours coming as the wider cryptocurrency market moves by a similarly modest percentage.
At $0.502512, XRP is down by 2% in a week and by 20% in the last 30 days, although the altcoin is still up by 47% since...
NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn
2.9.2023
Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the broader crypto economy’s downturn and...
IOTA Price Prediction as $10 Million Trading Volume Comes In – Are Whales Buying?
1.9.2023
IOTA's price landscape is becoming increasingly intriguing. As of today, IOTA stands at $0.162407, marking a modest increase of 0.63% within the past 24 hours.
With a significant trading volume of $14,380,606, speculations about potential whale investments are rife.
CoinMarketCap ranks IOTA...
Binance to Gradually Phase Out Support for BUSD Stablecoin
31.8.2023
The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets. BUSD Support Ending on Binance...
CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?
31.8.2023
BTC trading volume at CME recently eclipsed Bybit but what does this mean for Bitcoin price?
August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction
31.8.2023
Over the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125 billion threshold, continuing a trend...
Is It Too Late to Buy EOS? EOS Price Rallies 5% with $100 Million Trading Volume and Crypto Startup LPX Secures $1.5 Million – Time to Buy?
31.8.2023
Top 100 ranked blockchain Eos (EOS) has pumped +5% in the aftermath of news that the digital asset has been approved for trading by Japan's Virtual and Crypto Asset Exchange Association (JVCEA), with markets going live in mid-September.
The bullish announcement ignited a frenzy of activity...
Litecoin Price Prediction as 24-Hour Trading Volume Shoots Past $300 Million – Time to Buy?
31.8.2023
The price of Litecoin (LTC) has remained stable in the past 24 hours, with its current level of $67.70 representing a 3% gain in the past week.
LTC had risen with the rest of the market over the past couple of days after Grayscale won its appeal against the SEC, yet the altcoin remains down by...
Bitcoin Price Prediction as BTC Blasts Up 5% After Huge Volume Spike – Can BTC Reach $40,000 Soon?
31.8.2023
Bitcoin (BTC) has broken its downward trend and surged above the $27,000 mark, marking an impressive comeback after two weeks. However, this surge can be attributed to a legal victory for Grayscale in the United States.
The court ruled favorably for Grayscale in its legal battle against...
No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto
30.8.2023
Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise
Report: Tether Pivots to Bahamas’ Britannia Bank Amid US Banking Strains
30.8.2023
In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%, leaving 82.85 billion USDT in circulation....
XRP Price Prediction as $1.5 Billion Trading Volume Floods In – Are Whales Buying?
30.8.2023
The XRP price has risen to $0.529853 today, representing a 3% gain in 24 hours as the cryptocurrency market benefits from Grayscale's successful appeal against the SEC.
XRP is now up by 1.5% in the past week, yet the altcoin remains down by 25% in the last 30 days, following a difficult few weeks...