Top crypto picks to buy at rising market before it’s too late
A new and promising crypto, ScapesMania, has witnessed impressive presale success. Ethereum is poised for growth with potential regulatory advancements like an ETF while Solana is the 5th most-traded cryptocurrency, stable and growing. Polygon is resilient and attracts investments, Dogecoin balances community projects amid market fluctuations, and Shiba Inu faces uncertainty due to whale transactions and […]
SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives
Shiba Inu has removed over 260 million tokens in the past 24 hours. PEPE Coin’s market cap approaches $500 million. Memeinator’s MMTR token presale gains traction, featuring regular price increases. There have been significant developments in the world of meme coins with Shiba Inu (SHIB) witnessing a remarkable surge in burn rate, PEPE Market Cap […]
Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant
CryptoQuant forecasts Bitcoin’s market cap could hit $900 billion if Bitcoin spot ETFs are approved. The report also forecasts that $1 trillion could be added to the entire crypto market. The various spot Bitcoin ETFs may be approved by March 2024, signalling a new era of crypto adoption. In a recent report, data analytics firm […]
Stafi (FIS) defies crypto market outlook, token up 13%
Stafi (FIS) price is up 3% in the past 24 hours and 13% this past week. The Staking Finance governance token has seen a spike in whale transactions of $100k+, on-chain data shows. Interest is seeing FIS outperform major altcoins. Stafi (FIS), the governance token of the StaFi protocol, has seen a decent spike in […]
Stacks and Toncoin lead the bull cycle as global crypto market cap surge
Stacks (STX) has gained 18.43% today to trade at $0.5319 at press time. Toncoin (TON) has gained 15.51% today to trade at $1.74 at press time Bitcoin Cash (BCH) had jumped by 12.33% to trade at $216.57. The cryptocurrency market has turned green today with a majority of the top cryptocurrencies by market cap registering significant […]
China will lead crypto’s next bull market
Arthur Hayes says the crypto autumn rally will be catalysed by Chinese traders. According to the BitMEX co-founder, a weakening of the yuan amid massive credit issuance will drive capital into crypto markets. He notes that “Hong Kong will be the conduit through which Chinese capital is allowed to own crypto.” Arthur Hayes, the co-founder […]
Why is the crypto market up today? Imminent debt ceiling vote boosts the market
Key takeaways The cryptocurrency market is up by more than 2% today after underperforming for the best part of May. Bitcoin topped the $28k mark for the first time this month. The rally comes as President Biden and the House leadership reached an agreement on the debt ceiling. Crypto Market Cap Reaches $1.16 Trillion The […]
No, Bitcoin has never seen a bear market before: Be careful
Key Takeaways Bitcoin has been through many bear markets before, always surging back to higher highs Dan Ashmore, our Head of Research, cautions against naive extrapolation of past returns, however Until this past year, stock markets had done nothing but rise during Bitcoin’s existence Bitcoin was launched in 2009 as the stock markets bottomed, and […]
active addresses fall, market makers scale back, price softens
Key Takeaways Number of addresses containing one Bitcoin or more crosses one million Bitcoin relatively subdued despite trading at 2-month low Two prominent market markers are scaling back activity in the space Active addresses show notable decline in last week We wrote last week that nearly one million addresses on the Bitcoin network now […]
Why is the crypto market down today? BTC briefly slips below $27k
Key takeaways The cryptocurrency market is down by roughly 1% over the past 24 hours. Bitcoin briefly dropped to $26,990 earlier today before recovering to now trade above $27,500. The dump came due to reports that there was a transaction with the United States government’s BTC wallet. Why the crypto market is down today The […]