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Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M
30.8.2024
After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped by 4.6%, while ether (ETH) saw a 5.4% decline. Friday Crypto Slide: Bitcoin Falls, Ether Sinks,...
This Week’s Crypto Winners and Losers: SUN Skyrockets While TON Stumbles
26.8.2024
This week delivered a solid performance for the crypto economy, with several coins posting impressive double-digit gains over the past seven days. Leading the charge was sun token (SUN), which skyrocketed by 187%, claiming the top spot among the week’s best performers. However,...
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
18.8.2024
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug....
Crypto’s Top Gainers: Ecash and Bitcoin Cash Show Strong Weekly Rises
29.7.2024
Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over...
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
22.7.2024
On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The top performers this week were the two meme coins MEW and WIF, which gained 129.3% and 56.7%, respectively. MEW and WIF Lead Gains This...
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...
Biden-Trump debate: Crypto goes completely unmentioned
28.6.2024
Joe Biden and Donald Trump didn’t discuss crypto in their first head-to-head debate even as the industry raised a multibillion-dollar war chest to influence the elections
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
17.6.2024
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto...
This Week’s Crypto Gainers and Losers: NOT Leads With 214% Gain, BTC and ETH Remain Flat
3.6.2024
Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising 214% against the U.S. dollar. NOT Tops the Charts With 214% Increase,...
Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep. 332
8.5.2024
Backpack CEO Armani Ferrante talked about taking a long, winding path toward Solana and establishing Anchor, creating the Backpack super app, the future of the crypto economy, and why it will be ten times better.
The post Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep....
UK Parliament Member Lisa Cameron Pushes For Greater Digital Skills Training, Blockchain Technology Partnerships
17.4.2024
UK Member of Parliament (MP) Lisa Cameron has called for increased digital skills training in order to increase the country’s “necessary talent pipeline,” the MP said in a debate Tuesday. Cameron's remarks come amidst the country's push to be at the forefront of Web3, AI, and blockchain...
Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 Hour
13.4.2024
The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value Declines Amid Market Instability; Extensive Liquidations...
Leveraged Crypto Traders Hit Hard: $872M Liquidated in a Single Day Amid Bitcoin Price Drop
12.4.2024
On April 12, bitcoin briefly reached above the $71,000 threshold, but its value plunged by more than $3,000 after a substantial sell-off at 2:00 p.m. Eastern Time. The price of bitcoin in USD tumbled to an intraday low of $65,230. Over the past 24 hours, leveraged crypto positions totaling $871.88...
Crypto Economy Rebounds With 2.13% Gain; Newcomers W, CORE, and ENA Face Downturns
4.4.2024
The cryptocurrency market experienced a positive uptick on Thursday, reclaiming its position at $2.55 trillion, marking a 2.13% gain against the U.S. dollar. Despite a decrease in trading activity, with volumes at $90.78 billion over the past day, bitcoin rose by 2.3%, surpassing the $68,000...
Binance Nigeria Case Postponed Until April 19th Amidst Criminal Charges
4.4.2024
Tigran Gambrayan and Nadeem Anjarwalla, two Binance executives held against their will by Nigerian authorities, has been postponed until April 19 as the country seeks criminal charges against the duo, a Thursday court hearing reveals. However, only Gambrayan appeared before Judge Emeka Nwite in...
Tether (USDT) – The leading stablecoin and the backbone of the crypto economy
4.4.2024
Tether (USDT) is a stablecoin linked to the value of fiat currencies, such as the US dollar, and it is a crucial pillar in the unstable Bitcoin environment. Tether is a dependable means of exchange and store of value in the turbulent cryptocurrency market, unlike its more unpredictable peers....
KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth
3.4.2024
Investment banking firm KBW has hailed Coinbase for offering investors a unique opportunity to tap into the long-term growth potential of the crypto economy.
The post KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth appeared first on Cryptonews
Crypto Economy Dips by 4.38% Amidst Mixed Fortunes for Top Coins
22.3.2024
As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed...
BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy
17.3.2024
Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore,...
Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL
12.3.2024
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by...