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Crypto ‘relief rally’ may be just beginning with sellers exhausted
2.7.2024
The crypto market could bounce back this month after a rocky June, with stablecoin outflow from exchanges showing slowing selling pressure
Top underrated crypto: BlockDAG’s $54.9M presale thrives beyond Arbitrum & Optimism
2.7.2024
Despite a dip in its price, Arbitrum (ARB) has shown remarkable market resilience, reaching a market cap of $2.23 billion. At the same time, the price of Optimism has steadily risen, reflecting ongoing improvements and expansion in its Layer 2 solution capabilities. Amidst these market movements...
Bitcoin Bulls Advance Price, Face Resistance at $64K
1.7.2024
The price of bitcoin (BTC) hit an intraday peak of $63,794 on Monday, reflecting a 2% gain against the U.S. dollar in the past 24 hours. Currently, BTC is trading at $63,070 per unit. The day’s upward movement led to $124.64 million in crypto short and long liquidations, with bitcoin shorts...
Steno Research: Spot ETFs Will Take Ether to $6,500 Later This Year
1.7.2024
Steno Research, an independent macroeconomics, geopolitical, and crypto research house, has predicted that the spot ether ETF, presumed to start trading in early July, will take ETH to $6,500. Steno’s latest post on the subject forecasts that Ether ETFs will perform better than leading...
Report: Market Analyst John Hussman Warns of Major Downside for S&P 500
1.7.2024
John Hussman, a prominent market strategist known for predicting the 2000 and 2008 crashes, warns of a significant downside for the S&P 500. Hussman highlights elevated asset prices and narrow market participation, suggesting a potential decline of 50-70%. Analyst Predicts Major Stock Downturn...
NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May
1.7.2024
Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging...
Crypto Market Bounces Back, Mog Coin and ENS See Double-Digit 7 Day Gains
1.7.2024
On Monday, July 1, 2024, the overall crypto economy rose by 2.31%, reaching a total value of $2.31 trillion. Bitcoin increased by 2.8% this week, and ethereum climbed 4.8%, while several digital assets posted double-digit gains. Leading the performance chart over the past seven days was mog coin...
Tidal Investments Proposes Bitcoin and Gold ETF to Mitigate Market Volatility
1.7.2024
Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term market volatility through dual exposure to these asset classes. Tidal...
Crypto Spot ETFs Will Have More Influence on Market's Price Action: Canaccord
1.7.2024
Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said
Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations
1.7.2024
BIS, the umbrella body for central banks highlights, highlights risks from mounting fiscal debt worldwide and premature rate cuts
Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance
1.7.2024
Bitcoin’s price on July 1, 2024, stands at $62,769, with a 24-hour intraday price range of $61,261 to $63,694. The cryptocurrency’s market capitalization is $1.23 trillion, and the 24-hour trade volume is $21.98 billion. Bitcoin Bitcoin’s hourly chart presents a strong upward...
Joe Fortune Ascends as a Leader in Australia’s Online Casino Market
1.7.2024
Joe Fortune has quickly become a notable figure in the Australian casino market, praised for its high payout rates and dedication to Australian gamblers. This news unravels the elements that have taken Joe Fortune to the pinnacles of the digital gambling industry. From the start, Joe Fortune...
Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports
1.7.2024
Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit
3 ways traders can avoid trading tokens with manipulated volumes
30.6.2024
Manipulated trading volumes are rampant on some crypto exchanges. Here are three ways to use data to avoid being washed out
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
30.6.2024
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows...
The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?
30.6.2024
As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching...
Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation
30.6.2024
This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June...
Double-Digit Swings Dominate June Crypto Market Performances
30.6.2024
According to market data, crypto assets struggled throughout June, with only a select few recording gains. The largest gainer was the meme coin brett (BRETT), which surged 64.9%, while the biggest loser was the meme token maga (TRUMP), plummeting 55.29%. Select Coins Rise Despite Overall Decline...
Unlocking Value: Fair Price Discovery, the Role of Market Makers
30.6.2024
Getting a token from inception to market is no mean feat and more often takes years of planning and commitment. Achieving fair price discovery and stability requires just as much commitment and energy. Generally speaking, market makers categorize the token pricing journey into four main phases:...
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
30.6.2024
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end...