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Daily Crypto Update: Memecoins rule while altcoins stay stagnant
22.7.2024
The crypto market is undergoing a restructural phase with most cryptocurrencies struggling to find a footing. With the exception of Bitcoin and Ethereum, most coins are undergoing unplanned fluctuations. Pixelverse experienced 99.21% growth, while RealGOAT demonstrated a 174.38% growth spurt....
Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
19.7.2024
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak
WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH
19.7.2024
Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native token has no built-in means to get frozen
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
Time for altseason? Analysts say altcoin market is near ‘momentum bottom’
15.7.2024
Altcoin prices have been in a rut, but a key alteason indicator hints that the “strongest wave” is yet to come
Digital Asset Funds Achieve Record $17.8B Inflows in 2024, Reports Coinshares
15.7.2024
Digital asset investment products experienced significant buying activity last week, resulting in inflows of $1.44 billion. This brings the year-to-date total to a record $17.8 billion, far exceeding the 2021 figure of $10.6 billion, according to Coinshares. Record Inflows in Digital Asset Funds...
Why is Solana (SOL) price up today?
15.7.2024
Solana price climbs to two-week highs after pro-crypto Donald Trump survives an assassination attempt
4 altcoins trading under $1 that have the potential to reach $100 in 2024
12.7.2024
Major price action analysts have tipped four (4) altcoins, ETFSwap (ETFS), KASPA, Tron (TRX), and Polygon (MATIC), to hit $100 in 2024. These altcoins are all under $1, making an early buy the smartest crypto investment option to be well-placed for maximum returns on investment. Tron (TRX)...
Bitcoin sentiment hits most bearish levels, but this could be great news for Ethereum altcoins
11.7.2024
With Bitcoin’s (BTC) ongoing downturn and strong bearish sentiment from traders, this is great news for Ethereum (ETH) altcoins. As a result, many investors are turning to altcoins on the Ethereum blockchain, like RCO Finance (RCOF), which currently has more stability and potential...
Why is Solana (SOL) price up today?
9.7.2024
Solana price is up today as investors’ excitement over a potential spot SOL ETF turns traders bullish on the altcoin
Ethereum and altcoins plunge as bear market takes hold
5.7.2024
The price of Ethereum and other altcoins has dropped to levels not seen in weeks. The Bitcoin (BTC) market and other DeFi token markets likewise recorded this pessimistic forecast. If the entire crypto space is considered, there has been an overall downfall of 4.8%, with the figure standing...
High expectations from Altcoins as Ethereum ETF Approval nears
4.7.2024
The launch of the Spot Ethereum ETF will be a boom time for altcoins due to their association with Ethereum. The crypto market is currently undergoing a consolidation phase, and altcoins show mixed responses from investors. Experts in the digital asset market expressed the belief that the altcoin...
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
4.7.2024
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities
South Korea crypto body says mass token delistings ‘unlikely’ amid new laws
3.7.2024
South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months
Aave DAO Launches GHO Stablecoin on Arbitrum Network
2.7.2024
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on the Arbitrum network. This move marks the first step in the DAO’s phased strategy for cross-chain expansion. Aave DAO Begins Cross-Chain Expansion With GHO on Arbitrum According to an announcement, Aave DAO has launched...
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...
Bitcoin and altcoins fail to rally even as U.S. inflation cools down
28.6.2024
For years analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why
Assangedao’s JUSTICE Token Surges and Dips Amid Julian Assange’s Release
26.6.2024
In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent release of Wikileaks founder Julian Assange, igniting renewed interest and speculative trading in the token....
First Mover Americas: Germany Moves 750 BTC, Altcoins Bleed Liquidity
26.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand
25.6.2024
Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand...