Fri, November 22

Bitcoin Faces Downward Pressure After Hitting $64K

The price of Bitcoin (BTC) fell nearly 2% over the last 24 hours, after reaching a peak of $64,443 on October 7. At the time of writing, Bitcoin is priced at $62,438, 3.76% down from its earlier high. The cryptocurrency briefly dipped to an intraday low of $62,152, even as

October 8, 2024 2 mins read

Is Cardi B the Latest Victim of Crypto Hacks or Strategic Player?

Pop culture sensation Cardi B’s social media account appears to have been compromised, according to a report by blockchain security firm PeckShieldAlert. The alert, issued a few hours ago, has raised concerns within the crypto community, urging users to be cautious when interacting with links or addresses shared from the

October 8, 2024 2 mins read

Latest Report Reveals 7.51% of Global Population Now Uses Crypto

According to a report by MatrixPort, 7.51% of the world’s population now uses digital currencies, marking a major milestone in global cryptocurrency adoption. This would indicate that cryptocurrency is starting to move out of its niche market and into the mainstream of financial systems, because the analysis predicts that this

October 7, 2024 2 mins read

Sui (SUI) Price Rallies 13% After Its Recent Downward Movement

The cryptocurrency market turned bullish at the beginning of this week garnering attention to price actions. Leading cryptocurrencies moved to previous resistance levels and have led speculations for the beginning of the Uptober bull run. Meanwhile, a recently rallying altcoin, SUI has resumed its bullish rally after a recent downward

October 7, 2024 2 mins read

Memecoins Lead Market Recovery by Hitting New Highs

The cryptocurrency market is experiencing a bullish revival after a brief downturn, with the overall market up 2% and trading volume surging by 62%. Bitcoin, the leading cryptocurrency, has increased by 2%, while Ethereum has risen by 1.2%.  Currently, the total volume in DeFi stands at $3.19 billion, accounting for

October 7, 2024 3 mins read

Metaplanet Boosts Bitcoin Holdings with ¥1 Billion Investment

Metaplanet has been steadily adding to its Bitcoin holdings week after week, and with today’s acquisition, its stack now exceeds 639 Bitcoins. In the early hours of Monday’s trading on the Asia market, the Japanese corporation announced a further investment of 1 billion Japanese yen. This news comes as predictions

October 7, 2024 1 min read

Bitcoin Price Recovers 2% as Uptober Bull Run Anticipations Rise

On analyzing sentiment parameters in the cryptocurrency sector, readings show positive as investors await the Uptober bull run. The recent price recovery in the overall market has influenced the optimistic sentiment. Additionally, Bitcoin’s price recovery has also raised traders’ hopes for upward movements.  In the past week, Bitcoin’s price caused

October 7, 2024 2 mins read

Sui Network’s SUI Token Plummets 4.4% After its Recent Bull Run

The crypto market’s attempt to wriggle out of the bearish grasp has not yet succeeded as prices have shown significant dips. While leading cryptocurrencies struggle to show 24-hour gains, other altcoins have also taken downward movements. Notably, the altcoin SUI after significant price increases has dipped by 6% in the

October 4, 2024 2 mins read

Will October Bring a Turnaround for Ethereum Price?

Despite positive news surrounding Franklin Templeton’s proposed Bitcoin and Ethereum index ETFs, Ethereum (ETH) and Bitcoin (BTC) display price declines. As October begins, often referred to as “Uptober” for its historical bullish trends, market sentiment remains cautious, with both leading cryptocurrencies struggling to maintain momentum. Currently, ETH is trading around

October 4, 2024 2 mins read

Whales Bet Big on Bitcoin Despite Market Weakness

Bitcoin has struggled to maintain momentum in the first few days of “Uptober,” a month typically marked by bullish sentiment. Despite high community expectations for Bitcoin to surpass $70K, the flagship cryptocurrency recently hit a 16-day low. Over the past week, Bitcoin has dropped 6%, primarily due to macroeconomic factors.

October 4, 2024 2 mins read