A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
The cryptocurrency market is navigating turbulent waters, with the total market cap dipping below $2 trillion and many altcoins hitting yearly lows. Amid these challenges, analysts remain cautiously optimistic about a potential bullish turn in the NFT space, fueled in part by major developments. One significant shift observed is the
July 5, 2024 2 mins read
The crypto market has been experiencing a significant bearish trend, with the overall market capitalization dropping by 9% recently, now falling below $2 trillion to $1.99 trillion. Conversely, trading volume has surged by 40% in the past 24 hours. Bitcoin has been hit hard, dropping 7% to a five-month low
July 5, 2024 3 mins read
Coinbase’s announcement of forthcoming Shiba Inu (SHIB) futures contracts, approved by the Commodity Futures Trading Commission (CFTC), comes amidst a downturn in SHIB’s price. Recently hitting a four-month low of $0.00001522, it has seen an 8% decline, currently trading at $0.00001518, with trading volume up 35% despite a 36% drop
July 4, 2024 1 min read
The cryptocurrency market experienced a significant bearish trend over the past twenty-four hours, with the overall market cap decreasing by 4.40%. Bitcoin, the largest cryptocurrency, fell by 4%, dropping to a two-month low of $57,043.96, unsettling investors as it led to a broader decline in altcoin prices. Ethereum, the leading
July 4, 2024 2 mins read
The market has been concurrently bearish today, with the largest cryptocurrency, Bitcoin, hitting a two-month low of $57,800. As is traditionally the case, prominent altcoins also experienced major declines. Ethereum is down 4%, Solana has dropped 9%, and Polkadot has fallen by 7%. However, Polygon (MATIC) has drawn attention by
July 4, 2024 2 mins read
The altcoin market has been grappling with a persistent bearish trend over the past month, hitting new recent lows. Among them, Polkadot’s native token DOT plummeted to a six-month low of $5.389 just five days ago. However, showing resilience, DOT swiftly recovered to $6.442 within three days, marking a 7%
June 29, 2024 1 min read
In a pivotal legal showdown, the largest cryptocurrency exchange Binance faced a mixed outcome in a recent court ruling against the U.S. Securities and Exchange Commission (SEC). Judge Amy Berman Jackson decided to proceed with several claims from the SEC, including allegations related to Binance’s staking program. And initial coin
June 29, 2024 2 mins read
Bitcoin, the largest cryptocurrency, has been under bearish pressure since mid-June, dropping below $58.5K amid strong selling pressure. However, in the past 24 hours, BTC has shown signs of recovery with a modest 2% price increase and a similar rise in trading volume. This recovery coincides with the heated debate
June 28, 2024 2 mins read
The cryptocurrency market has been experiencing a sluggish period in recent months, marked by a significant drop below the $59,000 threshold three days ago. This decline has sent shockwaves through the market, causing widespread panic and a dramatic sell-off, especially among altcoins. Notably, Layer 2 (L2) tokens have been particularly
June 27, 2024 2 mins read
While the leading cryptocurrency, Bitcoin, faces a dip—hitting an 8-week low just two days ago and struggling to surge past $62K—developed countries’ governments are making major Bitcoin moves. Notably, the German government transferred $271 million worth of BTC last week at an average price of $63,828. More significantly, the U.S.
June 27, 2024 2 mins read