Halfway through 2024, total crypto market capitalization maintained its ascent, reaching over $2.27T, reflecting a 37.3% gain year-to-date, after a robust 2023. Gains were concentrated in the first three months of the year, when they increased by a substantial 60.2%. The cryptocurrency market lost some of its gains and sank
The global crypto market has rebounded sharply, with the total market cap reaching $2.29 trillion, marking a 3.69% increase over the past day. Trading volume surged by 23.24% to $64.1 billion in the last 24 hours, dominated by stablecoins which accounted for $58.52 billion, constituting 91.29% of the total volume.
This week, the cryptocurrency market will be watching closely for important economic data and events that might influence the price of Bitcoin and other cryptocurrencies. Significantly, the last several weeks have been very unpredictable, with Bitcoin’s price seeing a precipitous decline last week. Bitcoin and altcoin euphoria seem to have
The crypto community amidst its expectancy for bull runs has received shock waves this past week. In an additional remark, the crypto market recorded a $110 million liquidation in under an hour, during the Asian morning hours of July 5. With such high liquidation rates, the market has dipped into
The global cryptocurrency market has displayed a notable downtrend recently. Following a substantial price surge, Bitcoin (BTC) briefly climbed above $63,700 before experiencing a decline that mirrored the overall market trend. In the past 24 hours, the global crypto market saw a bearish reversal, dropping over 2.32% to $2.26 trillion.
Sony Group, the hundred billion-dollar Japanese tech giant, marks its entry into the crypto exchange sector by acquiring Amber Japan. The crypto trading service operated by Amber Japan, Whale Fin, was rebranded as S.BLOX Co., Ltd. It has plans to expand its crypto-related services in collaboration with Sony. Amber Japan
As 2024 draws closer, the cryptocurrency market buzzes with activity, highlighting three major players: Axie Infinity (AXS), rebounding impressively with prices climbing from $13 to $15, the newly introduced Spot Ether ETFs poised to heighten market volatility, and BlockDAG’s significant $2 million giveaway. In contrast to the fluctuating AXS prices
The cryptocurrency market has been experiencing a sluggish period in recent months, marked by a significant drop below the $59,000 threshold three days ago. This decline has sent shockwaves through the market, causing widespread panic and a dramatic sell-off, especially among altcoins. Notably, Layer 2 (L2) tokens have been particularly
The crypto market displays mixed signals with significant movements in the largest cryptocurrency by market cap, Bitcoin. BTC went down $59k in the past 24 hours with a 3% decline. Traditionally, declines in BTC influence fluctuations across altcoins and meme coins, yet some of them are bucking the trend and
In the recent downtrend from the volatile cryptocurrency markets, Shiba Inu (SHIB) has been grappling with a turbulent phase amid a broader market correction. Today, a notable event has caught the attention of market observers: a major whale withdrew a substantial amount of Shiba Inu tokens from Binance, amounting to
