Bitcoin’s price over the weekend remained relatively stagnant, hovering just above $64,000. This calmness comes after a period of volatility the previous week, signaling a potential shift in the market. Altcoin Stability While Bitcoin experienced a lull, altcoins have also shown less volatility compared to previous weeks. Dogecoin, however, stands out with a 7% surge,
Ethereum
In recent times, Ethereum’s network has witnessed significant growth in terms of daily active users and daily transaction volume. Despite this surge in network activity, the price of ETH, Ethereum’s native cryptocurrency, has experienced corrections over the past few days. It is interesting to note that Ethereum has seen a decline of over 10% in
The price of Ethereum has been facing challenges as the month progresses, despite a strong start. The bearish pressure in the cryptocurrency market has been impacting Ethereum, leading to a negative sentiment surrounding the “king of altcoins.” One significant concern contributing to this sentiment is the regulatory uncertainty surrounding ETH, adding to the bearish pressure
The recent price movement of Ethereum has been quite tumultuous, with the cryptocurrency experiencing a pullback after reaching a new all-time high. Despite initially setting a new yearly high of $4,094, Ethereum has since been on a downward trend, causing its price to trade below the 100-day Moving Average in both the 1-hour and 4-hour
The decentralized finance ecosystem within XRP has taken a significant step forward with the integration of automated market maker (AMM) functionality. Recent reports from XRPScan indicate that the introduction of AMM features has resulted in the creation of the first liquidity pools within a matter of minutes. These pools are now holding substantial amounts of
The Solana community and the wider crypto ecosystem have recently been rocked by a surge in inflammatory memecoins, with names containing racist, antisemitic, and anti-China language. This trend has sparked outrage among members of the community, who have expressed their disdain for such offensive tokens. Solana founder and CEO Anatoly Yakovenko made a strong statement
Asset management giant BlackRock has recently announced its selection of Coinbase as the key infrastructure provider for its new tokenized investment fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund, as stated by BlackRock, aims to maintain a stable value of $1 per token and distribute daily accrued dividends directly to investors’ wallets
Bitcoin’s price experienced a rollercoaster ride in the past week, hitting a new all-time high of nearly $74,000 before plummeting by eight grand the next day. The market was in a state of uncertainty leading up to the latest FOMC meeting, causing Bitcoin to drop to a 2-week low of under $61,000. Following the FOMC
In a groundbreaking moment for the digital art and cryptocurrency communities, CryptoPunk #7804, an Alien Punk, was sold for an astounding $16.4 million. This transaction not only generated immense excitement among enthusiasts and investors but also established a new standard for the value of digital collectibles. The Alien category within the CryptoPunks collection is particularly
Bitcoin, the flagship cryptocurrency, has been experiencing some fluctuations in its price recently, leading to concerns among investors. Despite this, certain fundamentals indicate that Bitcoin is still in a good position for further growth in the current bull market. One key factor to consider is the supply of Bitcoin on exchanges, which has decreased by