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Search Results for: Crypto Market

NFT Weekly Sales Surge 94% Amid Overall Crypto Market Rally

The substantial advances in the cryptocurrency market drove a weekly sales volume of $181 million for non-fungible tokens. According to statistics compiled by CryptoSlam, a digital collectibles tracker, NFTs sales volume recorded for $181 million in the seven days ending November 17th. Compared to the previous week, when NFTs only

November 18, 2024 2 mins read

Will Fed Chair Powell’s Rate Cut Policy Impact Crypto Market?

The Asian side of the world woke up to the crypto market’s slight dip in prices. However, on a positive note, prices have steadied their position in the bull run after recent rallies. This clears the path for more progressive growth in the coming days.  Meanwhile, turning eyes to major

November 15, 2024 2 mins read

Is a Memecoin Supercycle About to Hit the Crypto Market?

Bitcoin created a new high closer to the $100K target — $93.4K — in the last 24-hour window. Parallel to this, a pack of memecoins dominates the top crypto gainers with their impressive price rallies and hints at the potential memecoin supercycle. Trending players like PEPE, POPCAT, and HIPPO mark

November 14, 2024 3 mins read

Solana Trades Above $196 Following US Election Impact on Crypto Markets

Recent political developments in the United States have triggered significant movement in cryptocurrency markets, particularly affecting Solana’s price trajectory. The digital asset currently demonstrates strong technical positioning as it approaches critical resistance levels. Solana technical analysis and market dynamics Trading activity shows SOL maintaining position above its 20-day exponential moving

November 7, 2024 1 min read

Binance Research’s November 2024 Report Highlights Crypto Market Resilience

Binance Research’s November 2024 Monthly Insights report looks at important performance factors and current developments in the cryptocurrency sector. The overall market capitalization of cryptocurrencies increased by 2.8% in October 2024, mostly as a result of robust BTC inflows brought on by spot ETF activity and positive U.S. employment statistics.

November 7, 2024 3 mins read

BlockDAG Lights Up the Crypto Market with 100% Bonus—Solana & Aptos Latest Updates

Cryptocurrency enthusiasts typically seek out high-potential investments, and the current market trends are brimming with options. Solana (SOL) is experiencing a boost from hefty transaction volumes and a dynamic meme coin community. Meanwhile, Aptos (APT) is gaining traction with its recent USDT integration, which is enhancing DeFi liquidity and functionality.

November 6, 2024 4 mins read

Crypto Market on Edge as U.S. Presidential Election Day Arrives

The much-anticipated U.S. presidential election has arrived, sparking a wave of tension across stocks, bonds, and the crypto market. Investors are preparing for potential turbulence as forecasts point to a highly contested race. Bitcoin remains a focal point, continuing to be viewed as a “Trump trade”, reports QCP. The “Trump

November 5, 2024 2 mins read

How the Crypto Market Will React to the Fed’s November Rate Cut?

The cryptocurrency market gears up for a crucial week; all eyes are on the upcoming FOMC interest-rate decision from the US Federal Reserve—set for November 7. This announcement is highly anticipated, as it could significantly impact market sentiment and outline the future of Bitcoin (BTC) and other altcoins. Current predictions

November 4, 2024 3 mins read

Bears Dominate Global Crypto Market as Ethereum Hits Critical Levels

The global cryptocurrency market cap currently stands at $2.28 trillion, reflecting a 5.96% drop in the last 24 hours. This decline may be partly driven by shifts in the U.S. election predictions, as recent data shows that the odds of Trump winning have dropped to 2.8%. This adjustment in election

November 1, 2024 2 mins read