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Market Dip Indicates Deleveraging Rather than Fundamental News: Crypto Analyst
11.12.2023
Source: Adobe Bitcoin’s brief but sharp tumble toward $40,000, accompanied by a broader selloff in the crypto market, signals a potential deleveraging phenomenon rather than a fundamental news catalyst. On Monday, the largest cryptocurrency plunged as much as 7.5% to $40,521 before...
Cardano Price Prediction as ADA Drops Below $0.38 – Is a Rebound on the Horizon?
28.11.2023
Source: Bing Image Creator The Cardano price has dipped by 1.5% in the past 24 hours, dropping to $0.374679 on a day when the market as a whole has suffered a 1% loss. ADA is now down by 2% in a week, but remains up by 3.5% in the past fortnight and by 27.5% in […]
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MicroStrategy’s Bitcoin Holdings Drive Stock to Two-Year High – Here’s the Latest
26.11.2023
Source: Adobe/monticellllo MicroStrategy, the enterprise business firm known for its bullish stance on Bitcoin (BTC), has seen its stock soar to a two-year high. The technology company’s shares closed above $500 on Black Friday, a level not seen since December 2021, according to data from...
Dogecoin Price Prediction as Technical Indicators Signal Increased Whale Activity – How High Could DOGE Go?
24.11.2023
The Dogecoin price has lifted by 2.5% in the past 24 hours, reaching $0.078085 on a day when the wider market is just shy of an overall 1% gain. DOGE is now down by 7.5% in a week, yet it remains up by close to 20% in the last 30 days, with the meme token […]
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XRP Price Prediction as Value Drops 7.5% in 7 Days – What’s Behind This Sharp Decline?
20.11.2023
The XRP price has recovered by 2% in the past 24 hours, rising to $0.624010 as the altcoin tries to recover from a 7% drop in a week. Despite correcting downwards over the past fortnight, XRP remains up by 20% in the last 30 days and by an impressive 83% since the beginning of the […]
The...
Bitcoin Ordinals Project Taproot Wizards Raises $7.5 Million in Seed Funding
17.11.2023
Source: Adobe / Daniel Krasoń The Bitcoin Ordinals project known as Taproot Wizards has successfully secured $7.5 million in seed funding in a round led by venture capital firm Standard Crypto. Additional contributions in the round came from prominent investors including Geometry, Collider...
Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round
16.11.2023
Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money."
TORN Token Rises 50x Overnight as This Lesser-Known Crypto Secures $800,000 in Funding – What Does it Do?
16.11.2023
The TORN token has risen by as much as 7.5% during the last 24 hours, with its price currently standing at $3.77 on a day when the market as a whole has gained by 1.5%. TORN has now risen by 10% in a week and by 31% in the last 30 days, although it remains […]
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Solana Price Prediction as SOL Blasts Through Resistance at $47.50 – $100 SOL Incoming?
11.11.2023
Solana (SOL) Chart / Source: TradingView The price of Solana (SOL), the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer 1 blockchain protocol, continues to melt higher on Saturday, taking its rally since the start of the week 44% as the price tests $60. SOL/USD...
Cardano Price Prediction as ADA Volume Reaches Highest Level in 6 Months – Are Whales Accumulating?
10.11.2023
The Cardano price has risen by 2% in the past hour and by 2% in the past day, with the coin’s move to $0.379427 coming as the wider market gains by 1.4%. ADA has also risen by 17.5% in the last seven days and by 54% in the last 30, with the altcoin standing on […]
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Marathon Digital Reports $97.5 Million Revenues in Q3 2023 With Massive Surge in Bitcoin Production
9.11.2023
Source: AdobeStock / Photocreo Bednarek Marathon Digital Holdings, a prominent Bitcoin mining company, has announced a remarkable financial performance in the third quarter of 2023. The company reported a substantial 670% year-on-year increase in profit, primarily driven by a nearly five-fold rise...
DeFi Protocol Elixir Raises $7.5M in Series A Round Led By Hack VC
19.10.2023
DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the protocol’s valuation to $100 million.
Other participants in the round included AngelList Ventures, NGC Ventures, Bloccelerate, Hudson River Trading, Genesis Trading, and angels...
Bitcoin Hovers Over $27.5K, Crypto Bulls Face $100M Liquidations as Altcoins Drop
10.10.2023
The ongoing conflict in the Middle East impacted prices of riskier assets, such as bitcoin, on Monday
Bitcoin price posting best September since 2016 as BTC sellers eye $27.5K
30.9.2023
Bitcoin remains on track to produce surprisingly solid September performance, but BTC price remains down over 11% in Q3
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....
Bitcoin Miners Anticipate Relief: Upcoming Difficulty Reduction Projected After August’s Challenges
1.9.2023
While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the network’s hashrate is about 367.58 exahash per second (EH/s), with an average of 380.90 EH/s over the past ten days. After...
Shiba Inu Price Prediction as SHIB Drops 7.5% After Shibarium Launch – What's Going On?
17.8.2023
The Shiba Inu price has dropped by more than 7.5% today, with its slide to $0.00000888 coming after the full public launch of the much-anticipated Shibarium layer-two network.
This means SHIB is down by 9% in the past week, with Shibarium's arrival being plagued by technical issues that have...
Dinari Raises $7.5M for Decentralized Stock Trading Platform
15.8.2023
Backers for the dShares platform, which will be available ex-US, included a Susquehanna subsidiary
Sei Mainnet is Live After Testnet Sees More Than 7.5M Wallets Created
15.8.2023
The trading focused layer 1 blockchain is backed by Jump Crypto and Flow Traders
South Korea arrests Bitsonic CEO for stealing $7.5 million of users’ money
9.8.2023
The Vice President of the crypto exchange would also be put on trial, but without preliminary detention