The bullish trace in the crypto market vanishes, with the assets slipping back to their former lows. Bitcoin (BTC) trades at the $96K mark and Ethereum (ETH) at $3.3K. Focusing on altcoins, Cardano (ADA) has recorded a loss of over 8.59% in the past 24 hours. ADA opened the day
January 8, 2025 2 mins read
The fully-regulated global cryptocurrency exchange, Backpack Exchange, has announced the purchase of FTX EU—the MiFID II-authorized European subsidiary of the collapsed FTX. This acquisition was examined and authorized by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC). Notably, the FTX EU’s MiFID II licence, obtained under
January 7, 2025 2 mins read
The overall crypto market is recovering from the recent plunge, reaching a total market cap of $3.58 trillion. Notably, in the past 24 hours, the meme coin market cap rose by 2.1% to $129 billion, while major assets like DOGE, SHIB, and PEPE displayed mixed signals. The frog-themed coin, PEPE,
January 7, 2025 2 mins read
As 2025 opened with promising market momentum, the total market cap rests at $3.51 trillion. The altcoin, Injective (INJ), has displayed bullish price action with a 12.27% increase in the past 24 hours. Notably, in the early hours, INJ recorded its lowest price at $22.71. As the day progressed, the
January 6, 2025 2 mins read
As the new week kicked off, analysts have expectations for assets with promising patterns. With the global market cap staying at $3.54 trillion, assets have shown mixed signals. Ripple’s XRP has been in the bearish trap, showing a spike of 0.54%. XRP’s brief recovery triggered it to visit its daily
January 6, 2025 2 mins read
The crypto market analysts have anticipations for the 2025 trading pattern. Certain cryptocurrency prices have signaled the bullish sentiment in the market. Turning toward the altcoins, Hedera (HBAR) has shifted gears by spiking over 6.98% in the last 24 hours. HBAR undergoes bearish pressure in the early hours and marks
January 3, 2025 2 mins read
As the calendar turns to a new year, the cryptocurrency market is turning bullish. The overall market cap has reached $3.41 trillion, with Bitcoin (BTC) trading at $96.5K. Meanwhile, the altcoin Ethena (ENA) has surged by over 5%. In the early hours, Ethena traded at $0.9866 and eventually, mounted to
January 3, 2025 2 mins read
Aave, a leading decentralized finance (DeFi) platform, has hit $33.4 billion in net deposits—surpassing previous all-time highs seen during the 2021 bull market. The platform has added certain networks, including BNB Chain, Scroll, ZKsync Era, and Ether.fi. It aims in diversifying the user base and increasing its market leadership. In
January 2, 2025 2 mins read
With the new year underway, anticipation of a bull run has analysts closely examining assets with promising patterns. Turning attention to the altcoins, Ripple’s XRP has been stuck in a prolonged consolidation, wrestling to reach the $3 mark. Notably, XRP has begun recovering from the previous price levels, and it
January 2, 2025 2 mins read
Closing out the year, the meme coin market cap stands at $108 billion, reflecting a 3% gain. Notably, the dog-themed cryptocurrency, Shiba Inu (SHIB), has lost over 2.34% in the past 24 hours. The meme coin opened the day trading at $0.00002165. Eventually, SHIB chose the downside trading, registering a
December 31, 2024 2 mins read