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
Eleven months of steady growth led to the market capitalization of stablecoins reaching an all-time high of $168 billion. The market’s sharp decline to $135 billion by the end of 2022 set the stage for a strong recovery. Reportedly, DefiLlama data reveals that the overall market capitalization of stablecoins has
August 26, 2024 2 mins read
Solana (SOL), the fifth-largest cryptocurrency by market cap, has drawn out its marginal gains. After a 1.68% spike, SOL chose a brief bullish rally for the day, breaking the previous resistance levels. Over the last 24 hours, SOL managed to hit a high of $162. Despite the surge, the SOL
August 26, 2024 2 mins read
The crypto market is struggling to sustain the bullish momentum. Overall crypto market cap noted a brief spike at the opening of the day. Currently, it has fallen by 0.27%. Along with, the top meme coins in the market are priced in red. Among them, the dog-themed meme coin FLOKI
August 23, 2024 2 mins read
MakerDAO, a decentralized finance (DeFi) platform, has announced the launch of new versions of its native tokens, DAI and MKR, as part of its ongoing endgame plan. The new tokens, named NewStable (NST) and NewGovToken (NGT), were introduced to enhance governance and functionality within the MakerDAO ecosystem. According to the
August 23, 2024 2 mins read
The crypto market has briefly recovered from the recent dip, and the global crypto market cap has spiked by 0.75% to $2.15 trillion over the last day. Leading cryptocurrencies have recovered moderately from their support levels. Among them, Bitcoin (BTC) has soared 0.39% within the last 24 hours. Bitcoin’s price
August 23, 2024 2 mins read
