The crypto market has been having its face-off with overpowering bears over the past few weeks. Notably, leading assets resist the recovery attempts, and this leaves the crypto industry in an uncertain condition. Amid all the altcoins, meme coins have experienced max downfall in prices over the last 24 hours.
The second-largest altcoin, Solana, has experienced a price dip in the last 24 hours. With prices having declined by 5.40% Solana reverted to its previous support level at $134 on Friday. This price movement occurred amidst the overall crypto market showing a decline in market cap by 1.41%. In the
The global crypto market has been going through an extended bearish phase over the past few weeks. Over the last 24 hours, crypto traders liquidated nearly $151.5 million from the market. Notably, Ethereum (ETH) liquidations exceeded Bitcoin’s over the day. According to Coinglass data, Ethereum market recorded liquidations worth $49.78
Crypto markets and the rest of the global financial industry were waiting with bated breath for today’s US CPI numbers. Notably, compared to Wall Street’s predictions, the most recent figures from the U.S. Labor Department show that inflation slowed to 3% in June. Market mood, which had been hurt recently
Argentina beating Canada 2-0 in the Copa America semifinals has led the Canadian rapper Drake to lose his Bitcoin bet. The betting incident and Lionel Messi-led Argentina’s victory spiked the performance of this fan token in the crypto market. ARG, the national football team’s official fan token, has witnessed a
The slightest revival of the Bitcoin price yesterday was less impactful than expected, failing to break $60,000. BTC struggled to clear the $59,500 level and dipped by 0.39% over the past 24 hours to a bottom of $57,209. The German government’s recent sell-off might shake the market and has made
Animoca Brands’s subsidiary Mocaverse’s token MOCA went live on Thursday in the Bitget exchange. Moca Network and Animoca brands have partnered in the launch and have stated that the token brings unique utilities to Web3. The Mocaverse’s connected network is called the Moca Network for which $MOCA will serve as
After the approval of the 11-spot Bitcoin (BTC) ETF on January 11, expectations are high for more developments in the market. Also, the discussion around potential exchange-traded funds for various digital assets has intensified. Also, the U.S. Securities and Exchange Commission’s (SEC) green light for eight Spot Ethereum ETFs on
Cardano, known for its meticulous development process, has reached a turning point with on-chain governance. This innovative method gives ADA holders a say in the platform’s development by letting them vote on proposals. The statement by Hoskinson now clarifies the launch date of Chang Hard Fork, which had been in
On Thursday, July 11, the crypto market players are anticipating the publication of the U.S. Consumer Price Index (CPI) statistics with great anticipation. Crucial inflation statistics may set the tone for the Fed’s future position with their policy rate plans, therefore the whole financial market will closely monitor it. Everyone
