Leading altcoin, Ethereum experienced the spotlight with the launch of its spot ETH ETFs in July. The token was expected to rally with price breakouts, but contrary to market expectations, ETH did not show notable surges. In the last 24 hours, a smart money wallet, known for its 100% win
XRP displayed a significant swing on Friday, reflecting the global crypto market’s downturn. After a strong performance in July, where XRP surged over 30% and outpaced Bitcoin, the token has now fallen nearly 14% in just 24 hours. The price dipped from $0.65 to $0.5719, mirroring the recent BTC corrections.
The crypto market seems littered after the Fed’s decision, resulting in increased volatility. Bitcoin and Ethereum have declined and slipped to their previous lows. Notably, Solana also stepped into bearish momentum after its brief upward breakout. SOL exhibited over -3% price decline in the past day, causing the token to
In recent crypto market developments, Mantle (MNT) holders have started to cash in on gains after a significant price increase, potentially driving a decrease in its value. Concurrently, Maker (MKR) is nearing a pivotal $3000 price point, which could either break through or hit a strong resistance. Under the leadership
The crypto market exhibits a bearish sentiment followed by the unchanged Fed rate. Bitcoin has dropped by 3%, and the largest altcoin, Ethereum, recorded a similar downside price action by falling over 3.70%. A low has formed near $3,136, indicating a negative outlook. The price drop of ETH can also
The cryptocurrency market is currently experiencing a bearish phase, with the global crypto market cap dropping by 3.17%. Despite this, trading volume has increased by 21%. Bitcoin has hit a 13-day low of $63,573.63, declining by 3% in the past 24 hours. This downturn has affected altcoins, which have fallen
While the global crypto market turns optimistic with various developments, the Aptos Foundation has partnered with OKX Ventures, the VC arm of the crypto exchange OKX, to launch a new $10 million fund named Ankaa. According to the August 1 announcement, this fund plans to support projects within the Aptos
Arkham Intelligence has become the title sponsor for this year’s Istanbul Blockchain Week. The partnership marks a significant milestone, demonstrating significant industry interest in Turkiye and the exchange of knowledge and technology present at the event. Arkham is the industry’s leading blockchain intelligence company, known for providing data-driven Alpha by
Optimism (OP) NFTs, Solana (SOL), and BlockDAG are capturing attention with their distinct market impacts. Optimism’s NFT trading has jumped to $547,000, reflecting its ecosystem’s expansion. Solana’s performance reaffirms its place among top investments, backed by strong support levels. BlockDAG has bolstered its market standing with a leadership reveal that
Launched on the London Stock Exchange (LSE), Fidelity International’s Physical Bitcoin Exchange Traded Product (ETP) is a revolutionary step. Professional investors are taking notice of this as a major development for cryptocurrencies in the UK. This announcement has boosted crypto market players’ confidence amidst a lot of chatter in the
