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Crypto's Long-Tail Disruptive Trends
19.6.2024
Interoperability between blockchain networks. Restaking. EVMs. Some major trends giving digital assets markets a lift in the new cycle, Santiago Velasco, Senior Trader, Nonco
XRP price could break out as open interest increases
19.6.2024
Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple
Controversial Figure Martin Shkreli Allegedly Behind New Trump-Themed Crypto Token DJT
19.6.2024
Martin Shkreli, known for his previous securities fraud conviction, has reportedly claimed to co-create the DJT token, a new crypto asset themed after Donald Trump. The revelation comes as the token’s association with the Trump campaign remains unverified, stirring significant speculation...
NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 Days
19.6.2024
Based on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49 ether, but 90 days later, it dropped to 25.45 ether....
Ethereum NFT market slides as Blur farming scheme raises concerns
19.6.2024
Ethereum-oriented NFT collectibles like Pudgy Penguins and Bored Ape Yacht Club, have been on a downward swing since Blur farmers have aired their opinions. In the case of the competition, the scenario seems to be no different. For instance, DeGods has declined by 32%, whereas Azuki has seen a fall...
Bitcoin Technical Analysis: Bearish Sentiment Tightens Grip as BTC’s Downtrend Continues
19.6.2024
As of June 19, 2024, bitcoin’s price is $65,283, fluctuating within an intraday range of $64,149 to $65,633. On Wednesday, the leading cryptocurrency saw a trade volume of around $31.28 billion, with a market capitalization of $1.28 trillion. Bitcoin Bitcoin’s oscillators reflect...
Layer 1 news: BlockDAG’s 30,000x ROI captivates investors amid Monero & Notcoin’s market struggles
19.6.2024
As the cryptocurrency sector sees fluctuating trends, Monero displays modest gains while Notcoin grapples with market pressures affecting its trading volume. Amidst this, investors are shifting focus to newer, promising projects. BlockDAG, a premier layer-1 initiative, has captivated many with...
Institutional DeFi players will bring commercial real estate onchain: KPMG exec
19.6.2024
DeFi activity from institutions would be more “permissioned” as market participants will want to know who they’re dealing with, KPMG’s Kunal Bhasin said
US Charges Empire Market Operators in $430M Dark Web Scheme — They Face Maximum Sentence of Life in Prison
19.6.2024
The U.S. Homeland Security Investigations has charged two men for operating Empire Market, a dark web marketplace, facilitating $430 million in illegal transactions. The defendants face severe penalties, including life imprisonment. “During the investigation, federal law enforcement seized...
Retail crypto market growth in Canada driven by market factors, regulation
18.6.2024
Crypto platform WonderFi has swallowed up several of its competitors in Canada and expects to reap the benefits
Crypto Market Slump, is Bitcoin Price Drop The Cause?
18.6.2024
The Crypto community rejoiced after the crypto winter finally came to an end and Bitcoin rallied to an all-time high of over $70k. However, there is a major concern growing among holders as Bitcoin price recently dropped below $65k suggesting the onset of a bearish market. The effect of BTC price...
Ethereum price to $10K is the most 'asymmetric bet' in crypto — Analyst
18.6.2024
Ether’s potential move to $10,000 would result in a 194% price increase from the current levels, but ETH continues struggling to break the $4,000 mark
UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
18.6.2024
Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP' 19% decline
Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp
18.6.2024
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions...
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
18.6.2024
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin Mining Profits Revenue for bitcoin miners...
AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest
18.6.2024
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet's mantra of buying in doom and selling in boom
Trump token dumps 31% despite doubts he’s behind the DJT token
18.6.2024
Trump hasn’t confirmed or denied ties to the DJT token but a blockchain analytics firm and industry leaders raised doubt that it was launched by Trump’s team
Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says
18.6.2024
Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says
17.6.2024
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The overall sector market cap has increased by 24% since...
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
17.6.2024
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted