The global crypto market has briefly revived from the market dip, with the total market cap bouncing back to $2.05 trillion, marking a 0.23% increase. Notably, the trading volume has surged by 66.12% to $60.11 billion in the last 24 hours. Meanwhile, the digital asset investment products saw outflows totaling
The cryptocurrency sector is always evolving for which upgradation is a cornerstone. Web3 development thrives on the constant upscaling of networks and blockchains. Over the weekend, the Cardano ecosystem’s much-awaited Chang Upgrade went live. The upgrade brings new updates and will transform certain key aspects of the network. Notably, the
Solana’s [SOL] NFT market demonstrated notable resilience in August, emerging as the second-highest blockchain by NFT sales volume, only trailing behind Ethereum [ETH]. According to data from Coin98 Analytics, Ethereum recorded $131 million in NFT sales, while Solana followed closely with $79 million. Bitcoin [BTC] also made it to the
The cryptocurrency market continues to languish in a prolonged bearish phase, with major cryptocurrencies hitting new lows and altcoins suffering double-digit declines over the past week. The global market capitalisation currently stands at $2.02 trillion, reflecting a 1.39% decline, while trading volume has surged by 68% in the past 24
Ethereum’s price oscillation in August has left traders anxious due to eminent volatility. With the influx of September, anticipation of ETH price recovery is high. Several crypto analysts believe the ETH price below $2.6K may not show remarkable upside momentum in the near term. The largest altcoin witnessed a price
The crypto market turned bearish yet again over the weekend with the largest cryptocurrency showing significant price dips. Bitcoin’s price dip has rendered uncertainty in the market with altcoins showing volatility and turning bearish. As prices have raised a tumult there has been a lull in activity within the crypto
Next week’s key events, such as US employment statistics, are keenly anticipated by the crypto market. As the employment numbers would solidify bets on the anticipated Fed rate cuts, they would be one of the most eagerly awaited pieces of data for next week. Additionally, it would affect the future
Vitalik Buterin, co-founder of Ethereum, has once again captured the crypto community’s attention with a major ETH transaction. According to Lookonchain, Buterin recently transferred 800 ETH, valued at approximately $2.01 million, to a multisig wallet. Shortly thereafter, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged
Cryptocurrencies are facing a considerable loss in a bearish ride within the crypto market, including Bitcoin (BTC) and Ethereum (ETH). Moreover, other altcoins are struggling to sustain the recent gains attained. In particular, Litecoin (LTC) exhibits a daily surge of 3.30% in market price. LTC hit its six-day high and
As August ends today, Ethereum (ETH) is harrowing to hold up its upside momentum. ETH’s previous upward momentum has reversed and witnessed significant bearish momentum. This largest altcoin fails to break the oscillating price range and chooses to consolidate within $2.5K-2.6K. Notably, ETH hit its seven-month low at the $2.1K
