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Biggest Movers: SHIB Hits 4-Month Low, as Red Wave Washes Over Crypto


Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session, hitting a three-week low in the process. Shiba...

Uptober Crypto Prices Phenomenon: Historical Trends Meet Market Speculation


As October unfolds, crypto markets are still wrestling with the term 'Uptober' - for the uninitiated, "Uptober" is an amalgamation of “up” and “October”, describing the historical trend where Bitcoin, and often other major cryptocurrencies, witness a price surge in October. As Bitcoin kicks...

NFTs Can’t Catch a Break as Protracted Drop in Sales Continues


For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...

Biggest Movers: BCH, TRX Snap Losing Streak to Start the Weekend


Bitcoin cash was one of the big gainers to start the weekend, as the cryptocurrency ended a two-day losing streak. Overall, the momentum in the market was marginally higher, as traders continued to consume the latest U.S. nonfarm payrolls report. TRON also returned to the green on Saturday. Bitcoin...

ProShares Launches Six Ether Futures ETFs, Expanding Crypto ETF Market


Investment management firm ProShares Advisors has introduced six new futures products for Ether, marking the cryptocurrency's debut in the ETF market.  The newly launched ETFs, released on Monday, offer investors exposure to Ether through futures contracts rather than direct investment in...

Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts


Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory...

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