The cryptocurrency market is currently experiencing a significant decline on Monday morning, with major coins such as ETH and XRP seeing notable decreases. ETH, for example, is once again trading below $3K and is down by 4% for the day. XRP has also dropped by 5%, with bulls now fighting to defend the critical $0.4
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Despite the emergence of several blockchain networks offering lower fees and faster transaction times, Ethereum continues to dominate the market. Users seem willing to pay higher fees for the reliability and security that Ethereum provides. According to data compiled by Lookonchain, Ethereum has surpassed Bitcoin in terms of 1-year fee revenue, with an impressive $2.728
Real-world assets (RWA) have been gaining popularity in the past few months as a new sector within the cryptocurrency market. These assets represent physical objects or properties and are powered by smart contracts on the blockchain. The market capitalization of RWA neared $9 billion earlier this year, showcasing the potential and interest in this niche
Bitcoin’s price has been stagnant since its peak in March, with many analysts pointing to the impact of tight U.S. monetary policy on the cryptocurrency market. According to CryptoQuant analysts, the tightening of monetary policy in the U.S. since March 2022 has led to a reduction in stablecoin supply, which has directly affected Bitcoin’s ability
Bitcoin’s recent drop below $54,000 has caused quite a stir in the crypto community. Many are quick to label this as the end of the bull market, while others see it as a natural ebb and flow in Bitcoin’s growth trajectory. The market correction, as reported by CryptoPotato, is one of the most severe since
The cryptocurrency industry is a fast-paced and ever-evolving ecosystem, full of exciting developments and innovations. However, with these advancements also comes the looming threat of hackers and malicious actors who are constantly on the lookout to exploit vulnerabilities, especially among novice users. One particular sector that often falls victim to such attacks is the meme
Opeyemi is a dedicated writer who has found his passion in the world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become deeply immersed in it over the past two years. His enthusiasm for unraveling the complexities of blockchain technology and staying updated on the latest trends in the cryptocurrency world
Semilore Faleti is a name that has become synonymous with cryptocurrency writing, delving deep into the intricacies of blockchains and digital assets. With a background in journalism and content creation, Semilore’s expertise shines through in his articles covering various aspects of the crypto space. Let’s take a closer look at the journey of Semilore Faleti
Recent price movements in the cryptocurrency market, particularly with Bitcoin, have once again highlighted the extreme volatility that investors have come to expect. The sudden drop below $54,000 on July 5 served as a stark reminder of just how quickly fortunes can change in the world of digital assets. Over the past month, Bitcoin has
The long-awaited restitution to users of the now-defunct Mt. Gox exchange may finally be happening in July. However, the market players are feeling nervous about how this distribution will affect the price of Bitcoin. There is a sense of fear regarding potential sell-offs in the market as uncertainty looms around the impact of the Mt.