The global crypto market, with its market cap, plunged by over 5.97% to $3.17 trillion, faced a pullback over the past 24 hours. Bitcoin (BTC) and Ethereum (ETH), which traded above $99.6K and $3.5K have witnessed downside correction. The dog-themed meme coin, Shiba Inu (SHIB), has steadily plummeted by over
With investors’ optimism rekindled by the US election and expectations of clearer regulations around digital assets, native tokens from several decentralized finance protocols have seen increases above 50% in November. The charts are returning to levels last seen in 2021 thanks to November’s advances. The total value locked on DeFi
Just an hour before, Bitcoin (BTC) saw a significant drop in the Asian trading hours, plunging into the $91K range after a loaded crypto liquidation totaling $687 million. BTC alone accounted for $178.25 million in liquidations, reflecting the market’s struggle with overheating leverage positions and profit-taking among holders. Over the
The daily active addresses on the Bitcoin blockchain are witnessing a substantial increase and are approaching the 1 million mark, as per IntoTheBlock market intelligence platform. As Bitcoin is marching towards the $100k level, the on-chain activity is rising with the increased interest among Bitcoin users. Bitcoin’s long-term activity trend
In an announcement about its Bitcoin holdings, healthcare-focused technology business Semler Scientific revealed the purchase of 297 BTC between November 18 and 22, 2024. With fees included, the average price of a Bitcoin was $97,995, and the total cost to the business was $29.1 million. A recent release states that
The buzz around Bitcoin’s potential to hit $100,000 by 2025 has reignited enthusiasm in the cryptocurrency market. While Bitcoin remains the benchmark for crypto growth, its success often catalyzes high-potential altcoins. FXGuys, a Top PropFi Project, and Sui stand out as key players ready to capitalize on the momentum. With
The Sandbox (SAND) recently reached a yearly high of $0.86. However, the price has dropped 20% in the past 24 hours, now trading at $0.6061. Its market cap has fallen 19.54% to $1.47 billion, while trading volume plunged 59.37% to $2.06 billion. The volume-to-market cap ratio stands at 141.22%, signaling
Changpeng Zhao, the founder and former CEO of Binance, expressed his concerns over the growing popularity of meme coins, calling the trend “a little weird” in a statement made on Tuesday. Zhao’s comments come at a time when meme coins see explosive gains in 2024. However, the rise of meme
Bitcoin’s Recent Pullback Despite Trump’s Winning Bitcoin recently saw its longest losing streak since Donald Trump’s election victory, dropping 6% over three days and stabilizing around $92,000. There was huge expectation around it to cross $100000 but it failed, with profit-taking and global market uncertainty by Trump’s recent tariff proposals
BFUSD, the first reward-bearing margin asset issued by a cryptocurrency exchange, was unveiled by Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange in the world by both trading volume and users. This cutting-edge margin asset significantly improves users’ experience on the biggest and most liquid cryptocurrency derivatives
