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Search Results for: USDT

Memecoin Sector Bleeds Red Under Bearish Dominance

The overall crypto market has been oscillating between a price recovery and modest price dips these past few weeks. Leading cryptocurrencies are showing obvious struggles to surpass their respective resistance levels after the recent dip. Meanwhile, the memecoin sector garnered community attention in the last 24 hours, as top coins

September 11, 2024 3 mins read

Atomic Wallet Freed from Class Action Lawsuit Over $100M Hack

A federal judge in the United States has dismissed a class-action lawsuit against Atomic Wallet, an Estonian-based crypto firm. Philip Brimmer, a judge in the Colorado district court, agreed, concluding there were insufficient grounds for the U.S. court to handle the case.  Following a $100 million hack in June 2023,

September 11, 2024 1 min read

Will Ethereum (ETH) Decline Further Amid Market Volatility?

Ethereum is trading at $2,329, according to CMC data, reflecting a slight decrease of 1.32% over the last 24 hours. Ethereum, the second-largest cryptocurrency by market capitalization, has faced notable pressure amid broader market corrections. With Ethereum’s network still being the backbone of decentralized finance (DeFi) and NFTs, price fluctuations

September 11, 2024 2 mins read

Will ICP 12% Surge Lead to Further Upside or a Price Reversal?

The cryptocurrency market has been erratic over the past week, with bearish trends dominating. Notably, it’s become uncommon to see double-digit gains among the top altcoins. Despite a modest decline of 0.62% in overall market cap and a 7.24% drop in trading volume, today’s standout performer is Internet Computer’s (ICP)

September 11, 2024 2 mins read

Is Bitcoin (BTC) Entering a Prolonged Slump Below $58K?

September has historically been a challenging month for both U.S. stocks and cryptocurrencies, and this year is no different for Bitcoin. The leading cryptocurrency has recently faced a tough time, with its value fluctuating significantly from $58K to $55K. Bitcoin initially dropped below the $57K mark on September 2. Although

September 11, 2024 2 mins read

Fantom (FTM) Sees 13% Gains as Crypto Market Turns Positive

As Bitcoin (BTC) climbs to the $58,000 mark, the positive sentiment in the crypto market is boosting other cryptocurrencies, including Fantom (FTM). In the last 24 hours, FTM has surged by over 13.4%, climbing from a low of $0.4389 to a high of $0.4963 and tops the gainers list. Despite

September 10, 2024 2 mins read

Are SHIB Resistance Levels Poised for a Breakthrough?

Shiba Inu (SHIB) is showing signs of recovery after hitting a month-low of $0.00001231 just four days ago. Currently trading at $0.00001346, SHIB has surged 2.51% in the past 24 hours, with trading volume increasing by 46%. Despite this recent uptick, the token is still down 4.13% over the past

September 10, 2024 2 mins read

Is Ethereum (ETH) Price in a Prolonged Slump?

Altcoins have shown mixed signals this week, with Ethereum, the largest altcoin, grappling to hold its ground. Its price remains caught between crucial support and resistance levels, recently dropping below $2,400. Notably, over the past 24 hours, despite price fluctuations, ETH witnessed a moderate spike of 1.52%. At the press

September 10, 2024 2 mins read

Bitcoin Faces Resistance at $59K Amidst Market Fluctuations

As of September 10, 2024, Bitcoin (BTC) is trading at $57,027 according to CMC data, reflecting a slight pullback following recent upward movements. The cryptocurrency’s 24-hour trading volume has surged by 46%, reaching $33.83 billion, indicating heightened market activity and its market cap has increased by 3.12% to $1.12 trillion.

September 10, 2024 2 mins read