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Exchange Token FTT’s 200% Spike in 2 Weeks Defies Bankruptcy and Bankman-Fried’s Fraud Conviction Woes
19.11.2023
FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $3 per unit mark. Ranking as the fifth largest exchange coin in terms of market capitalization, FTT stands below...
Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge
19.11.2023
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number...
AI-Driven Crypto Market Rebounds Back to $3 Billion Amid Surge in Leading Tokens
18.11.2023
In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $4 billion. Yet, by the end of July, this sector experienced a notable decline, dropping to $2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto...
Dogecoin Price Pumps on Moon Plans, But Is GROK For Real Or is $1.8m Meme Kombat the Best of the Meme Coin Bunch?
17.11.2023
Friday, November 17th, 2023 – The Dogecoin price is up 17% to $0.089 in a community-inspired surge, while new coin GROK hit a $200 million valuation before it was brought low by scam accusations and Meme Kombat raises $1.8 million, as meme coins strut their stuff. A plan by the Dogecoin community...
Bitcoin Transaction Fees Skyrocket, Reaching Second Highest Point of 2023 Amidst Backlog Woes
17.11.2023
On Thursday, November 16, 2023, Bitcoin saw its average transaction fees peak at $18.69 per transfer, marking a high of 0.00051 BTC. This surge represented the second-largest increase in 2023. However, the following day saw a reduction in onchain fees. Despite this, as of 8:13 a.m. Eastern Time...
Star Atlas: A New Era in Gaming and Blockchain
17.11.2023
PRESS RELEASE. Launching with LBank: A Promising Beginning Star Atlas, a pioneering force in the fusion of gaming and blockchain, has taken a significant leap forward with the listing of its ATLAS token on LBank. This milestone not only marks a new chapter in its journey but has also sparked...
South Korean Traders Drive Recent Crypto Surge as Exchanges’ Market Share Jumps to 13%
16.11.2023
Source: Pixabay Traders in Asia, especially in South Korea, have emerged as key drivers behind the recent rally in crypto market over the past two months. Data compiled by CCData reveals a substantial increase in the market share of South Korean-based exchanges, reaching 12.9% in November compared...
Why does Dogecoin prefer to stay low amid the crypto surge?
16.11.2023
Over the last few days, Dogecoin seems to be everyone’s favorite cryptocurrency as the world is experiencing a boom and making great strides. Although other cryptos like Bitcoin and Ethereum are approaching an all-time high, Dogecoin chooses to remain modest. The weird movement of the coin...
Solana Soars 19% Amid Market Consolidation, Commands Notable ‘Kimchi Premium’ in South Korea
15.11.2023
Bitcoin and ethereum have remained stable on Wednesday, showing little change in their values recently. In contrast, solana (SOL) experienced a notable surge, climbing over 19% against the U.S. dollar, moving from a low of $52.92 to a peak of $63.32. Despite a minor decrease following its rise into...
Futures Funding Rates Normalize After Crypto Surge Forced Traders to Pay High Fees to Maintain Long Positions
15.11.2023
Image Source: Pexels Funding rates on major token futures have started to return to normal levels after recent rally forced traders to pay unusually high fees to sustain their long positions. Amid the recent surge in crypto prices, open interest in futures skyrocketed to over $35 billion, according...
Best Crypto to Buy Now November 14 – Frax Share, Polygon, Immutable
15.11.2023
FXS, MATIC, and IMX log strong gains with crypto presales Bitcoin ETF Token and Bitcoin Minetrix offering potential as the best crypto to buy now. Image by cryptonews.com. Frax Share’s recent market surge has positioned it as one of the best cryptos to buy now with a not insignificant 25.55%...
Don’t Miss: Bitcoin Minetrix Nears $4M Raised As Bitcoin Rally Fuels Surge in Bitcoin Mining Activity – Just 2 Days Until $BTCMTX Price Increase!
14.11.2023
Tuesday, November 14, 2023 – As Bitcoin (BTC) price finds its feet above $36k, market interest in Bitcoin mining is hitting all-time highs, fuelling an explosion in the Bitcoin Minetrix presale as retail investors race to participate in Bitcoin Cloud Mining. A huge influx of funding into...
Crypto Mining Profitability Soars as Miners Rake In Record $32 Million in Revenue in One Month
14.11.2023
Image Source: Pixabay The crypto mining industry is experiencing a surge in profitability, with miners earning a record $32 million in revenue in the past month. The hashrate, a measure of the computational power needed to mine a coin, has reached an all-time high, indicating that miners are using...
Tether credits USDT growth surge to ETF excitement, emerging markets
14.11.2023
Tether USDT added at least $20 billion to its market capitalization in 2023, while rival stablecoin USDC lost the same amount so far this year
Business2Community: Cryptocurrency Adoption Soars in Emerging Markets
14.11.2023
The trajectory of cryptocurrencies, from their inception as a novel digital medium of exchange, has been nothing short of transformative. Initially tethered to the sphere of finance, offering an alternative to conventional banking paradigms, cryptocurrencies have transcended these boundaries...
XRP Price Briefly Rallies After Fake BlackRock ETF Filing
14.11.2023
Source: Adobe XRP price witnessed a brief surge in its price following a fake business registration for a BlackRock XRP trust. The deceptive filing, still accessible on Delaware’s Division of Corporations website, mimics legitimate registrations made by the renowned asset management giant....
THORChain becomes third largest DEX as Rune surges 50% in a week
13.11.2023
THORChain $1.32 billion in trading volume over the last week only trails Uniswap and PancakeSwap among non-centralized exchanges
Spot Bitcoin ETF Approval Could Come ‘This Week’ – Nate Geraci
13.11.2023
Source: AobeStock/24K-Production President of advisory firm The ETF Store, Nate Geraci, thinks that the long-awaited approval for a spot Bitcoin ETF could get approval from the SEC this week. Bitcoin has experienced an impressive 40% surge over the past month fueled by heightened anticipation...
Bitcoin, Ethereum, and Crypto Google Searches Surge, Peaking in October Before Tapering Off
12.11.2023
Over the 90-day stretch from August 13 to November 11, 2023, bitcoin (BTC) along with a broad array of crypto assets have posted substantial increases. Data from Google Trends in this timeframe indicates a surge in searches for “bitcoin,” “crypto,”...
Solana’s Rally Hits 184% Gain in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours
11.11.2023
This weekend, the crypto community’s buzz centered on solana (SOL) and its notable surge in value against the U.S. dollar over the previous week. SOL has posted an 11% gain in the last 24 hours, with a striking 45.2% uptick over the week, ascending to the rank of the sixth largest asset...