The crypto market begins the week on a bearish note, with the overall market cap showing a 0.73% decline. While the token’s daily trading volume surged by 35.46%, leading cryptocurrencies showed daily declines. The largest cryptocurrency, Bitcoin, recorded a price reduction of 3.08% and slid to the $58K level. Leading
The Ethereum DeFi ecosystem is currently experiencing a period of competition and consolidation, where some players may lose ground while others gain prominence. Notably, a crypto AI project called RCO Finance (RCOF) is emerging within this competitive landscape with the potential to surpass Uniswap (UNI). Find out what gives RCO
While the market experiences a downturn, Filecoin’s forthcoming updates offer a beacon of hope for potential price increases, and Shiba Inu enjoys optimistic predictions despite ongoing market instability. Amidst capital outflows from predominant cryptocurrencies, BlockDAG secures its position as a hotbed for inflows, surpassing other market contenders with its promising
Crypto market was rather dull on Sunday, with minimal volumes and brief rebounds recorded by most cryptocurrencies. Bitcoin’s price is stuck in a tight range. Despite making steady progress toward the $60,000 barrier, BTC is still quite volatile. The price of XRP remains low at $0.57, even if there has
Despite a recent low of $137, the price of Solana (SOL) is showing substantial momentum. as the price is seeing a remarkable comeback. By ignoring the retail sector entirely, Solana is aiming for widespread institutional adoption. The introduction of a spot Solana exchange-traded fund (ETF) in the US is being
Bitcoin naysayer Peter Schiff recently voiced his disapproval of the US’s present high inflation rates. Saying that policies put in place before Biden was president are to blame. Since the consequences of Biden’s actions will not be realized for at least a few more months. Schiff pointed out that there
In a bold move to enhance its cryptocurrency portfolio, Marathon Digital, one of the leading Bitcoin miners, has successfully raised $250 million. This substantial investment is earmarked for increasing its stakes in Bitcoin (BTC) and the promising altcoin ETFSwap (ETFS). As the company looks to solidify its position in the
MicroStrategy ETF, MSTX, has recently experienced a significant increase in trading volumes. It is driven by the increased volatility in the cryptocurrency and tech markets. Known for its heavy exposure to Bitcoin and tech stocks, MSTX has become a go-to choice for traders looking to capitalise on rapid market movements.
Investment advisors have significantly increased their holdings in Spot Bitcoin ETFs during the second quarter of 2024, while hedge fund investments have slightly declined, according to a recent Coinbase report. The proportion of institutional investment in Spot Bitcoin ETFs by investment advisors rose by 3% in Q2 2024. Investment advisors
Despite recent recovery efforts, the largest cryptocurrency, Bitcoin (BTC), seemingly extends losses in the market. Over the past 24 hours, the asset has struggled to clear the $60K level, and a low has formed near $57.5K. After a brief rebound, BTC is up by 1.42%, currently trading at $59,269, marking
