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Render Network's RNDR Token Outperforms Broader Crypto Market, Mirrors Tech Stocks as NVIDIA Hits $1 Trillion Market Cap
31.5.2023
The decentralized GPU-based rendering solutions provider Render Network’s native RNDR token has seen a wave of interest over the past month as the narrative around artificial intelligence (AI) continues to strengthen.
In the past 30 days, the token has outperformed the broader crypto market...
Biggest Movers: SHIB Nears 6-Month Low, Whilst LTC Drops by 4% on Wednesday
31.5.2023
Shiba inu moved closer to a six-month low on Wednesday, as sentiment in cryptocurrency markets shifted bearish. Litecoin was another notable token to fall, slipping by over 4% today. The global market cap is currently down by over 2% at the time of writing. Shiba Inu (SHIB) Shiba inu (SHIB) fell...
Report: Global Blockchain Gaming Market to Reach $300 Billion by 2030
31.5.2023
The global blockchain gaming market will grow significantly during the next seven years and is expected to reach a market cap of $301.53 billion by 2030, according to a report issued by markets and intelligence firm Grand View Research. The “Blockchain In Gaming Market Size” report...
AI demand briefly catapults Nvidia into $1 trillion club
31.5.2023
Nvidia share prices have more than tripled since October last year as demand for AI tech surges
Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains
29.5.2023
Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover...
Bitcoin Price Bounces From 21 Weekly EMA - Risk on For Low Market Cap Tokens & Meme Coins?
29.5.2023
The Bitcoin price has risen by 2.5% in the past 24 hours, with its move to $27,896 helping the cryptocurrency market overall to gain by 2% in the same space of time.
BTC is now up by 4% in a week but down by 5% in the last 30 days, although its gain today means it has risen above its 21 weekly...
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
26.5.2023
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high
Biggest Movers: Tron Rebounds Towards Fresh 1-Year High, MATIC Also Higher
25.5.2023
Tron was a notable gainer on Thursday, as the token edged closer to a fresh one-year high in today’s session. This came despite the global cryptocurrency market cap mostly trading lower, falling by 1% as of writing. Polygon also rebounded today. Tron (TRX) Tron (TRX) was marginally higher...
Biggest Movers: SHIB, BNB Rebound From Key Price Floors on Tuesday
23.5.2023
Shiba Inu climbed to a two-week high on Tuesday, as bullish sentiment returned to cryptocurrency markets. The meme coin rose by as much as 2% in today’s session, as the global crypto market cap surged by the same amount. BNB was another notable gainer today. Shiba Inu (SHIB) Shiba inu (SHIB)...
Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko
22.5.2023
Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion
Biggest Movers: ATOM Falls on Friday, Hitting Key Support Level
19.5.2023
Cosmos fell to a key price floor on Friday, as bearish sentiment returned to cryptocurrency markets. Volatility has been high most of the week, with today seeing the global market cap drop by 0.95% as of writing. Chainlink also slipped in today’s session. Cosmos (ATOM) Cosmos (ATOM) dropped...
Biggest Movers: XRP Extends Bull Run, Jumping 5% on Thursday
18.5.2023
Xrp rose for a fifth straight session on Thursday, as the token moved close to a two-week high. The rise comes as cryptocurrencies rebounded from recent losses, with the global market cap up 1.38% as of writing. Cardano also surged, hitting an 11-day peak. XRP Xrp, formerly ripple, was once again...
Biggest Movers: DOGE, XRP Hit 1-Week Highs, Despite Wednesday’s Crypto Red Wave
17.5.2023
Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today’s session. Dogecoin (DOGE) Dogecoin (DOGE) was able to climb to a one-week...
Biggest Movers: LTC Hits 2-Week High, as APE Extends Gains
16.5.2023
Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is currently down by 1.28%, as overall market uncertainty remains high. Apecoin also rallied, extending recent gains. Litecoin (LTC) Litecoin (LTC) was once again...
Pepe Coin Price Prediction as PEPE Approaches Top 50 in Global Market Cap Rankings – Can PEPE Reach $1?
15.5.2023
The Pepe Coin price has dropped by 10% in the past 24 hours, falling to $0.00000173 as the cryptocurrency market as a whole enjoys a 1.5% gain.
Its current price means that it has declined by 25% in a week, although it remains up by 59% in a fortnight and by over 6,000% since CoinMarketCap began...
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
13.5.2023
Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy...
Floki Inu Price Retraces, More Buyers For Low Market Cap Meme Coin SPONGE – How to Buy Early?
13.5.2023
As the price of Floki Inu retraces, investors are turning their attention to another low market cap meme coin, SPONGE.
With growing interest in early-stage investments, many are seeking ways to buy SPONGE at the early stages.
In this update, we will explore the latest trends in the meme coin...
Biggest Movers: SOL up 5%, as LINK Breaks Key Resistance Level on Saturday
13.5.2023
Solana rose by as much as 5% in today’s session, as cryptocurrencies began to recover from Friday’s red wave. The global market cap was up by nearly 2% at the time of writing. Chainlink also rose, moving back above a key resistance level. Solana (SOL) Solana (SOL) moved back above the $20.00 mark...
Bitcoin, Ethereum Technical Analysis: BTC Plunges Under $27,000, Hitting 7-Week Low
12.5.2023
Bitcoin fell to a seven-week low on May 12, as prices dropped below the $27,000 level in today’s session. Friday’s decline came as a red wave swept through cryptocurrencies, with the market cap down 2.75% as of writing. Ethereum also slipped to its weakest point since March. Bitcoin...
First Mover Americas: Bitcoin Falls to 2-Month Low
12.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets