The crypto market has been wading in the market dip. Several tokens hit new lows reflecting the intensity of the bearish phase. Among all altcoins, meme coins experienced a considerable downfall in August. The leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are struggling to maintain their price at a moderate
August 30, 2024 3 mins read
The overall crypto market displayed mild dips in market cap and trading volume throughout the week. Bitcoin (BTC), the largest cryptocurrency, has stepped into bearish turns, trading below $59K. The largest altcoin, Ethereum, endured a sturdy month, witnessing critical losses with its price dipping to $2.2K. Notably, ETH witnessed modest
August 30, 2024 2 mins read
The dog-themed meme coin, FLOKI, is struggling to regain its lost strength, over the past 24 hours, the meme coin has briefly recovered by 0.53%. The meme coin market displays mixed signals of the bull-bear feud. FLOKI showcased a bullish sentiment as the day opened, climbing from the low of
August 29, 2024 2 mins read
After the nine consecutive days of outflows, the US Spot Ethereum ETFs witnessed a net inflow of $5.84 million. The inflows were led by BlackRock’s ETHA and Fidelity’s FETH. Conversely, Grayscale’s ETHE continues to experience outflows. According to the SoSoValue statistics, BlackRock’s ETHA ETF witnessed the largest inflow of $8.40
August 29, 2024 2 mins read
Layer-1 blockchain The Open Network (TON) has been in the limelight for the past few days ever since the arrest of Telegram CEO Pavel Durov. The TON blockchain has resumed operations following a significant six-hour outage caused by a surge in network traffic. Reportedly, the network stayed inactive on Wednesday
August 29, 2024 2 mins read
The overall crypto market is under downside pressure, and the market cap has plummeted by over 3.30% to $2.11 trillion. Leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) have crashed by over 4%. However, Polygon (MATIC) has drawn attention by topping the losers list, declining by 10.20% over the past 24
August 28, 2024 2 mins read
The tokenized real-world assets (RWAs) gained traction as their market value prediction might target $30 trillion by 2030. A realistic target is observed around $1.3 trillion in tokenized traditional assets. Jamie Coutts, the chief crypto analyst at Real Vision, suggests that Wall Street estimates $10 to $30 trillion in traditional
August 28, 2024 2 mins read
Bitcoin (BTC) took a brief plunge yesterday, managed to hover at the $62,000 mark, and wiped off all the gains within the last 24 hours. BTC crashed by over 5.90%, marking one of the largest declines since August. The bears continued to restrain the bulls from recovering, slipping to a
August 28, 2024 2 mins read
The bears are restraining the bulls from making the move, and the recent bullish momentum of BTC is gradually diminishing. Bitcoin is at a critical juncture, with its price hovering around $62,000. The current price momentum is at a declining pace, down by 1.56% in the last 24 hours. Notably,
August 27, 2024 2 mins read
The United States Securities and Exchange Commission (SEC) has initiated legal action against two brothers, alleging their involvement in orchestrating a $60 million Ponzi scheme with a non-existent crypto trading bot. The SEC has filed a complaint in the US District Court for the Northern District of Georgia, Atlanta, against
August 27, 2024 2 mins read