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Biggest Movers: SOL Recovers From Recent Declines, BNB Extends Gains
24.8.2023
Solana continued to trade higher during Tuesday’s session, following a recent breakout below a support point of $20.00. Momentum in the market has begun to gradually pick up in recent days, ahead of Friday’s Federal Reserve Jackson Hole annual meeting. BNB remained in the green....
Bitcoin Gives Up Gains, Returns to $26K Ahead of Fed's Jerome Powell at Jackson Hole
24.8.2023
The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning
Bored Ape Yacht Club NFTs Face Sharp Decline Amid Broader Crypto Slump
24.8.2023
Recent data paints an intriguing picture for the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC). Over a six-month span, its floor price tumbled from 76 ether down to a mere 21.99 ether. However, as of now, the BAYC floor is navigating a range of 23.90 ether to 24.65...
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week High, as Bulls Move to Buy the Dip
24.8.2023
Bitcoin rebounded from recent lows on Thursday, as bulls moved to buy the dip, following a drop below the $26,000 level. The rally comes as traders rejected a full breakout below a key support point of $25,600. Ethereum was also back in the green during today’s session. Bitcoin Bitcoin...
NFTs Hit By Unstable Market As Multiple Projects Post Monthly Losses Amid Declining Volumes
24.8.2023
Recent data from non-fungible token (NFT) marketplaces show a sharp decline in transaction volume and prices with several projects posting double-digit losses.
According to data for Nansen, “blue chip” NFTs have recorded up to 25% NFT losses as the sector marks the lowest point since April...
Bitcoin Climbs 3% to $26.6K; SOL, NEAR, ADA Lead Crypto Market Gains
23.8.2023
Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted
Why is the crypto market down this week?
23.8.2023
Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market's underperformance
DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol
23.8.2023
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value
Biggest Movers: BNB Rebounds From 1-Year Low, SHIB Surges Higher
23.8.2023
BNB was one of Wednesday’s biggest movers, as the token rebounded from a recent one-year low. The price decline came as crypto exchange Binance came under scrutiny for allegedly assisting sanctioned Russian clients in moving funds abroad. Shiba inu also rose, following recent losses....
NEAR Jumps 5% After Nexo Integration, Bucking Market Trend
23.8.2023
Also announced was a partnership with startup Tokenproof
Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop to 5-Day Lows, as Traders Await Fed’s Jackson Hole Symposium
23.8.2023
Bitcoin continued to sit firmly below the $26,000 level on Wednesday, after breaking out of a key price floor. The world’s largest cryptocurrency by market cap has mostly consolidated in recent days, as traders await Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this...
Here’s what the latest Bitcoin price correction reveals
23.8.2023
The latest episode of The Market Report analyses the recent Bitcoin price correction to $26,000 and what it reveals about the current market structure
Sui Price Prediction as SUI Becomes Best Performer in the Market – What's Going On?
23.8.2023
The Sui price has jumped by 6.5% in the past 24 hours, with its rise to $0.580678 easily outperforming the wider cryptocurrency market, which has barely moved today.
SUI is now up by 5% in a week, although the utility token is actually down by 12% in the past month, and by 73% since reaching...
Shiba Inu Price Prediction as SHIB Outperforms the Market – Time to Buy?
23.8.2023
The price of Shiba Inu (SHIB) has gained by a healthy 3.5% in the past 24 hours, with its move to $0.00000827 coming as the cryptocurrency market as a whole dips very slightly today, by 0.2%.
SHIB remains down by 16% in the past week, with its rally today coming as a much-needed correction...
Market sentiment and Ethereum’s price: Bulls vs. Bears
23.8.2023
Ethereum co-founder Vitalik Buterin made a noticeable move on Monday, August 21. He transferred 600 ETH, which is worth about $1 million, to a Coinbase exchange wallet. This wallet belongs to his Ethereum Name Service pseudonym, Vitalik.ETH. Currently, the wallet holds 3,935 ETH, valued at around...
XRP Value Plunges 39% Post-SEC Verdict: XRP Army Remains Optimistic Amid Market Turbulence
22.8.2023
It’s been 40 days since the U.S. court issued a partial verdict in the SEC’s case against Ripple. In that timeframe, the digital currency XRP’s value has slumped by a significant 39.43%. Despite SEC’s Interlocutory Appeal and 39% Downturn, XRP Enthusiasts Hold out for...
Is the 25% drop in PEPE, SHIB and APE a sign of a deepening crypto bear market?
22.8.2023
Meme coins reflect a higher beta to the entire crypto sector, but does their recent 25% price drop signal a deepening bear market for BTC, ETH and large caps?
Biggest Movers: MATIC 5% Lower on Tuesday, Hitting a 2-Month Low
22.8.2023
Polygon was one of the biggest movers in crypto markets on Tuesday, as the token fell by over 5% in today’s session. The decline saw the token fall to its weakest point in two months, breaking out of a key support point in the process. Cardano was also in the red today. Polygon (MATIC)...
Crypto Exchange EDX Markets Taps Anchorage as Custody Provider
22.8.2023
Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....