The early July correction in the cryptocurrency market is being perceived as a temporary pullback, allowing the bullish momentum to recharge before the next leg up. However, meme coins, known for their rapid price movements, are experiencing a significant surge in selling pressure as the broader market undergoes a correction.
July 25, 2024 2 mins read
The XRP price has erased all the gains it achieved on Wednesday, following the U.S. Securities and Exchange Commission’s (SEC) unanticipated decision to cancel a planned closed-door meeting with Ripple. This meeting, which was scheduled to take place on July 18, was widely anticipated by the cryptocurrency community as a
July 18, 2024 2 mins read
Chainlink, the decentralized blockchain oracle network built on Ethereum, has taken a major step forward in driving digital asset innovation within the financial sector with the launch of its Digital Assets Sandbox (DAS). This platform offers financial institutions a secure and efficient environment to explore and develop cutting-edge digital asset
July 18, 2024 1 min read
The XRP price, once speculated to be lifeless due to its relatively stagnant behavior since the beginning of the second quarter, has defied expectations by demonstrating a remarkable resurgence. While other altcoins were receiving sufficient buying pressure at regular intervals, XRP struggled to attract the masses, resulting in a prolonged
July 17, 2024 1 min read
Avalanche (AVAX) has successfully maintained an upward trajectory over the past week, riding the wave of the broader market recovery. Currently trading at $28, the altcoin’s price has experienced an 8% increase in the past seven days. This recent uptick in AVAX’s value comes on the heels of an extended
July 17, 2024 2 mins read
Amidst a bullish revival in the altcoin market, the Chainlink (LINK) token is witnessing a high momentum reversal rally. The LINK token price has surged by an impressive 12% over the past few days before experiencing an intraday hit of 2.14% today. As the altcoin currently trades in the $14
July 16, 2024 2 mins read
Litecoin (LTC) marked a bullish milestone yesterday by closing above its falling wedge pattern, a formation in which the altcoin had been trading since March 31. This breakout signaled a surge in buying pressure, but surprisingly, traders who took advantage of the rally by selling their holdings experienced major losses.
July 16, 2024 2 mins read
As the bullish recovery in the cross-border payment system gains momentum, the cryptocurrency market has witnessed a strong resurgence in its valuation. The Bitcoin price has successfully reclaimed the crucial $60,000 mark, signaling increased positive sentiment across the crypto space. In the wake of this development, top altcoins have mirrored
July 15, 2024 2 mins read
The cryptocurrency market has witnessed a reduction in selling volume, paving the way for bulls to reclaim their dominance. As the markets resumed their northward movement, the Solana (SOL) price soared above $150 after oscillating around the $140 mark for nearly a week. This breakthrough above the descending trend line
July 15, 2024 2 mins read
Polygon (MATIC) might experience further devaluation despite the recent attention it has garnered from its whale holders. On July 11, the volume of large transactions involving the MATIC token surged to a seven-day high of $103 million, sparking hopes of a potential price rally. However, the altcoin’s price has since
July 12, 2024 2 mins read