Tomarket, Telegram’s Mini-App, Reaches 18 Million Users and Announces Token Launch and Airdrop
Victoria, Seychelles, 5th September 2024, Chainwire
September 5, 2024
3 mins read
Search Results for: market
US Spot Bitcoin ETFs See $288M Net Outflows Amid Market Selloff
Tuesday was the latest day of negative flows for U.S. spot bitcoin exchange-traded funds. On Tuesday, the 12 spot bitcoin ETFs had net withdrawals of $287.78 million. The most negative flows since May 1, according to data from SosoValue. The biggest bitcoin exchange-traded fund (ETF) by net assets, IBIT, which
September 4, 2024
1 min read
Rocko, a New Marketplace for Crypto-Backed Loans, is Officially Live
Rocko, a new marketplace for accessing the best crypto-backed loans, has officially launched! Crypto owners can now use Rocko to quickly secure loans using their crypto assets as collateral, avoiding the need to sell their holdings. Users can access competitive rates from leading DeFi protocols — starting with Compound —
September 4, 2024
4 mins read
Bitcoin Perpetual Futures Signal Growing Market Pessimism
Bitcoin perpetual futures have been signaling growing market pessimism, as funding rates for these contracts have remained persistently below neutral. This trend indicates a bearish sentiment among traders and reflects a broader cautious outlook on Bitcoin’s price movements. Recent insights from K33 Research underscore that these low funding rates suggest
September 4, 2024
2 mins read
Top AI Tokens Continue Price Dip Reflecting Bearish Crypto Market
The global crypto market, in the past few weeks, has remained bearish despite persistent investor expectations for bullish turns. This struggle for price revival has been reflected in cryptocurrency’s different sectors. Notably, AI-related crypto tokens have factored in the market slump in their own prices. Moreover, leading cryptocurrencies such as
September 4, 2024
3 mins read
Ethereum Faces Bearish Momentum Amid Sell-Offs and Market Uncertainty
Ethereum has been experiencing a bearish momentum since the 30th of July. It declined drastically from $3,361 to $2,398. This is approximately a $1000 difference. At the time of writing, ETH is trading at 2,398 a 2.50% decrease in the past week. The 24-hour volume stands at $15,518,482,552 billion, reflecting
September 4, 2024
2 mins read
NFT Market Collapses as 96 Percent of NFTs Become Inactive
The NFT market is facing a severe crisis, with a staggering 96% now considered “dead”, according to NFT Evening’s 2024 report. This designation applies to NFTs that exhibit no trading volume, minimal sales over seven days, and almost no social media activity. The report analyzed more than 5,000 NFT collections
September 4, 2024
2 mins read
Chainlink Price Stuck Between $9 And $12, LINK Mirrors Broader Market Trends
Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However, a potential breakout opportunity looms on the horizon, signaled by the convergence of key technical indicators, particularly the Bollinger Bands. LINK’s recent price history has been
September 3, 2024
2 mins read
Tron Dominates with 47% Surge in Gas Revenue Amidst Market Shifts
Tron’s gas revenue increased by 46.54% in August 2024, reaching $61.43 million according to data from Lookonchain. This surge significantly outpaced other major blockchain networks such as Ethereum, Solana, and Bitcoin, all of which saw declines in gas revenue during the same period. Ethereum’s gas revenue fell by 33.44%, Solana’s
September 3, 2024
2 mins read
NFT Market Hits 2024 Monthly Low with $374 Million in August Sales
The monthly volume of sales for non-fungible tokens (NFTs) continued its downward trend in August, reaching $374 million, the lowest monthly sales volume of 2024. As of this year, digital collectibles have never before achieved a monthly volume below $400 million. The digital collectibles market was worth only $374 million
September 3, 2024
1 min read
