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NFT Market Sees Over 30% Decline in Weekly Sales
4.5.2024
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin...
Price analysis 5/3: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
3.5.2024
Altcoins showed impressive double-digit gains after Bitcoin bulls successfully pulled BTC price back above the $61,000 level
Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says
3.5.2024
Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said
Bitcoin enters 'a new era' as whales scoop up over 47K BTC during price pullback
3.5.2024
Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000?
Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
3.5.2024
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their...
Polkadot And Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update
3.5.2024
All but four cryptos in the CoinDesk 20 posted losses over the last week, led by declines in NEAR, BCH, and DOGE
Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut
3.5.2024
Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms,...
Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says
3.5.2024
Both equities and gold have been trading lower since reaching highs in mid-April, the report said
First Mover Americas: Bitcoin Hovers Around $59K to End Week
3.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: BTC Bulls Challenge Upper Resistance Amid Bearish Pressure
3.5.2024
As of May 3, 2024, bitcoin’s price stands at $59,142, with a 24-hour intraday range of $57,789 to $60,000. The leading cryptocurrency maintains a market capitalization of $1.15 trillion and has recorded a trading volume of $28.43 billion over the same period. Bitcoin Bitcoin’s daily...
Bitcoin's Price Recovery Faces Nonfarm Payrolls Test
3.5.2024
Bitcoin held steady as the dollar index nursed losses ahead of a U.S. jobs report that is expected to show the unemployment rate remained below 4% for the 27th straight month
Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts
3.5.2024
The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said
Kraken's Indices Provider Anticipates $1B AUM in Hong Kong ETFs by 2024 End: Bloomberg
3.5.2024
CEO Sui Chung sees South Korea and Israel as the next markets to list crypto ETFs
Friend.Tech's Native Token Tanks to $2.5 After Debut
3.5.2024
Early Friday, Friend.Tech airdropped its native token, FRIEND, while debuting version 2 of the platform
Blackrock Reinforces Tokenization Drive Leading $47 Million Funding Round in Digitization Company Securitize
3.5.2024
Blackrock, the largest asset management company in the world, has led a strategic funding round of $47 million in Securitize, a capital markets digitalization company. The round, which had the participation of other financial markets and crypto native companies, shows Blackrock is betting on...
Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes
3.5.2024
This week’s 12% Bitcoin retreat was a “well-needed market cleansing,” said the former BitMEX boss
Standard Chartered Warns Bitcoin Price Could Fall to $50K
3.5.2024
Standard Chartered Bank has warned that bitcoin’s price could potentially decline to $50,000. The head of digital asset research at the bank attributed this forecast to a mix of crypto-specific factors and broader macroeconomic influences. Additionally, he warned about the risk...
JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets
2.5.2024
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin,...
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
2.5.2024
Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement
Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says
2.5.2024
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said