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Search Results for: Binance

VIRTUAL Plunges 7% After Reaching a New ATH of $3.71

Virtuals Protocol (VIRTUAL) reached a new all-time high of $3.71 before retreating 6.25%. The token is currently trading at $3.45 with a market cap of $3.46 billion, marking a 6.35% drop over the past 24 hours. The 24-hour trading volume is $320.64 million, reflecting a slight decline of 1.48%. With

December 30, 2024 1 min read

Bitcoin (BTC) Slides to $93K Amid Strong Selling Pressure

Bitcoin’s price dipped below $94,000, currently trading at $93,834.39. The cryptocurrency faced a sharp decline from its all-time high of $108,364 on December 17 to $92,118, signalling strong selling pressure in recent days. The market remains volatile as traders react to heightened market uncertainty. The market cap of bitcoin has

December 30, 2024 2 mins read

Are Whales Driving Cardano’s (ADA) Price Surge?

Cardano Whales have accumulated over 20 million ADA in the past 48 hours, signalling strong interest from large investors. As of now, Cardano trades at $0.897, up 2.78% in the past 24 hours. Its market cap is $31.51 billion, with a circulating supply of 35.13 billion ADA. The 24-hour trading

December 29, 2024 2 mins read

Will Bitcoin Bulls Overcome Key Levels and Trigger a Breakout?

The current price of Bitcoin (BTC) stands at $94,952.42, reflecting a 0.38% increase over the last 24 hours. Bitcoin’s market cap has surged to $1.88 trillion, accounting for 52.17% of the total crypto market dominance. The 24-hour trading volume of Bitcoin is $23.26 billion, indicating a 1.23% volume-to-market-cap ratio.  The

December 29, 2024 2 mins read

Will ETP Launch of FLOKI Propel Its Price to Uncharted Territory?

FLOKI is set to become the second meme coin to launch a regulated Exchange-Traded Product (ETP) after Dogecoin, scheduled to release in Q1 2025. The community has voted in favor of a proposal that will support the liquidity needed for the ETP launch.  The proposal was passed on December 27

December 28, 2024 2 mins read

Is Solana Price Nearing a Critical Turning Point?

Solana (SOL) continues to navigate a turbulent market, trading at $186, reflecting a 3.3% decline in the past 24 hours, with trading volumes dropping 17% over the same period. Over the past month, SOL has seen a 21% dip, raising concerns about its short-term prospects. The asset recently tested a

December 28, 2024 2 mins read

What Do the New IRS Rules Mean for DeFi?

IRS Targets DeFi Platforms with New Reporting Rules The U.S. Internal Revenue Service has recently released a new tax regulation that is going to affect decentralized finance platforms from 2027. The regulations require DeFi brokers to report all the gross proceeds from the sale of digital assets and collect user

December 28, 2024 2 mins read

PEPE Combats Bearish Week and Enters Price Consolidation

With New Year just days away, the sector sees a holiday lull hanging over it. With minimal activity and members retreating for the break, prices have also hit a snag freefalling to previous levels. The overall crypto market has now for the third consecutive day seen price drops. Not to

December 28, 2024 2 mins read

Chainlink Whales Ramp Up Accumulation Despite Price Pullback of Over 6%

Chainlink (LINK), the native cryptocurrency token of the decentralized Oracle network, chose to trade on the downside. LINK has recorded a loss of over 6.10% in the last 24 hours.  In the early hours, Chainlink traded at $23.05. Despite climbing up toward the $25 range, the altcoin has slipped to

December 28, 2024 2 mins read
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