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Search Results for: crypto market

Bitcoin Faces Brief Resistance After Recent Rally, What Next?

Bitcoin (BTC), the leading cryptocurrency, is marginally between the bearish and bullish zones. It is trading above $64K, declining at 0.61% in the last 24 hours. Following the price dip, the global crypto market dropped by 1.06%, returning to $2.37 trillion. Bitcoin’s price action might be backed by speculation about

July 18, 2024 2 mins read

Is Potential Cyber Attack Targeting Mt. Gox Creditors?

The defunct crypto exchange Mt. Gox creditors have reported numerous brute force attempts on their accounts, evoking the fear of a potential cyberattack. The Mt. Gox creditor subreddit has been filled with screenshots from users displaying multiple login attempts on their accounts, in the last 24 hours. While others reported

July 18, 2024 2 mins read

US Spot Bitcoin ETFs Witness Massive $422.6 Million Net Inflows

Tuesday had the biggest daily net inflow of $422.67 million for the eleven U.S. spot bitcoin exchange-traded funds since June 5. As a result, their run of good flow was prolonged to eight days. SoSoValue data shows that BlackRock’s IBIT saw the highest net inflows since June 6th, at $260.23

July 17, 2024 1 min read

Arbitrum (ARB) Breaks Above Crucial Level Signaling Positive Trend

While the global crypto market turns green, the notable layer 2 player Arbitrum (ARB) has captured attention with a 15% price increase over the past week. At the time of writing, ARB was priced at $0.76 with a market cap of $2.46 billion.  This surge has propelled Arbitrum into an

July 17, 2024 1 min read

Cardano Price Surge to Two-Month High Amid Mixed Sentiment

Cardano’s price hit a nearly two-month high of $0.4299 in the past 24 hours, surging by 4%. This rise occurs despite trader sentiment largely writing off the altcoin, with its price remaining down by 43% over the past four months. Notably, Cardano had hit an eight-month low of $0.3165 during

July 17, 2024 2 mins read

What’s Next for Bitcoin Price After German and Mt. Gox Moves?

The largest cryptocurrency, Bitcoin, has been the community’s prime focus in the past two months, due to its price activity. With external factors taking a toll on Bitcoin, prices showed significant plunges and volatility. The drop in BTC price led to a considerable crypto market crash at the beginning of

July 17, 2024 2 mins read

Tether Treasury Injects 246M USDT into Cumberland After 2-Month Pause

The global cryptocurrency market continues to showcase strong activity, with institutional investments and significant transactions involving Tether’s stablecoin, USDT. Cumberland, a prominent player in the crypto space, has injected substantial funds into major exchanges, signifying renewed market momentum. According to Lookonchain, over the past 40 hours, Cumberland has received a

July 17, 2024 2 mins read

Ripple (XRP) Signals Recovery as Optimism Grows Pre-SEC Settlement

While the global crypto market turns positive, Ripple’s XRP has firm signs of resurgence, bolstered by improving market sentiment and anticipation surrounding upcoming SEC developments.  The XRP market sentiment has notably turned positive, buoyed by expectations surrounding an upcoming SEC settlement discussion scheduled for July 18th. Speculation is rife that

July 16, 2024 2 mins read
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