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Search Results for: cryptocurrency trading

DOGS Memecoin Surges 23% in a Day Despite Network Chaos

The TON blockchain experienced a significant disruption yesterday as it faced a six-hour power outage due to a surge in network traffic. The native token of the TON blockchain resumed block production after the outage, which raised concerns about network stability and potential security risks. Such prolonged disruptions are rare

August 29, 2024 2 mins read

Can Upcoming Fed Rate Cuts Spark a Crypto Market Recovery?

The cryptocurrency market has been under bearish pressure, with bearish sentiment driving a 5.58% decline in overall market capitalization. Bitcoin, the leading cryptocurrency, dropped to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.  Amid this

August 28, 2024 2 mins read

Solana Price Sees Bearish Takeover After Hitting $160 Levels

In the cryptocurrency sector, volatility in prices is a daily occurrence. Despite that, significant movements in charts often tend to draw investors’ attention. Relatedly, the second largest altcoin, Solana, showed such price movements. The token has seen a price drop of 4.54% in the last 24 hours.  Solana, the native

August 28, 2024 2 mins read

Memecoins Sink to New Lows as Crypto Market Falters

The cryptocurrency market has been under significant pressure as bearish sentiment led to a 5.58% drop in the overall market cap. Bitcoin, the leading cryptocurrency, plunged to an eight-day low of $58,034, marking a 5% decline. Ethereum also faced a sharp downturn, briefly falling to a 20-day low of $2,481.

August 28, 2024 2 mins read

Floki Announces Partnership With University of Miami Athletics

Multi-Year Partnership Will Showcase Floki’s Valhalla Game Across University of Miami Athletics Cryptocurrency organization, Floki, has announced a partnership with University of Miami Athletics. Floki is proud to announce that Valhalla, a groundbreaking MMORPG (Massively Multiplayer Online Role-Playing Game), will be at the forefront of a high-profile, multi-year partnership with

August 28, 2024 3 mins read

Will Ethereum Recover After Slumping Below $2,500?

The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach

August 28, 2024 2 mins read

Cardano (ADA) Nears Breakout From Descending Trend Line Since May 20

Cardano (ADA) finds itself at a critical juncture as it approaches a potential breakout from a descending trend line that has constrained its price action since May 20. Currently trading at $0.36, ADA has experienced a decline during this period, but recent market activity suggests a possible shift in momentum.

August 27, 2024 2 mins read

Chainlink (LINK) Faces Potential Drawdown as Investor Optimism Wanes

Chainlink (LINK) has buoyed its price in recent weeks begins to lift. This shift in investor sentiment, coupled with concerns about the network’s valuation relative to its activity, could potentially trigger a price drawdown. Since late July, LINK holders have maintained a bullish stance, buffering the cryptocurrency against substantial losses

August 27, 2024 2 mins read
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