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Search Results for: cryptocurrency trading

BlockDAG Gains Popularity as Trending Crypto with Upcoming EU Soccer Team Pertnerships Amid Kaspa Surge and ADA Decline

This article comes bearing critical news about three crypto giants, each offering major development updates.  BlockDAG is preparing for an unprecedented partnership with three of Europe’s most iconic soccer teams, sparking a frenzy of excitement and speculation. This electrifying news follows a recent collaboration with UFC legend Alex Pereira and

August 3, 2024 4 mins read

Spot Bitcoin ETFs See $50.6M Inflow Led by Grayscale’s Mini BTC Trust

Today, the spot Bitcoin ETFs saw significant inflows, reviving their previous surge in popularity. With an incredible $191 million inflow, Grayscale’s Mini BTC Trust ETF stands out among the others. As for the spot Ether ETFs, they kept seeing market volatility, with Grayscale’s ETH ETF seeing ongoing withdrawals. As of

August 2, 2024 1 min read

Ethereum Smart Money Wallet Accumulates ETH Amid Price Dips

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

August 2, 2024 2 mins read

Can Ripple’s New Announcement Offset XRP Price Drop?

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.

August 2, 2024 2 mins read

Bybit Exits French Market Following Ongoing Regulatory Shifts

Bybit, a cryptocurrency exchange, has decided to pull out of the French market. French users will be unable to buy any products, create new positions, or edit existing ones beginning August 2 at 8:00 UTC. A press statement from Bybit said that the decision applies to all of their products.

August 2, 2024 1 min read

XRP at a Crossroads: Analyzing Market Sentiment Ahead of Crucial SEC-Ripple Meeting

As the cryptocurrency world holds its breath, Ripple and the Securities and Exchange Commission (SEC) prepare for another closed-door encounter. This imminent meeting has ignited a flurry of speculation about a potential settlement in their long-standing legal battle. Despite the anticipation, the market’s reaction paints a picture of cautious pessimism,

August 1, 2024 2 mins read

BingX Introduces BingX Labs to Support Crypto Startups

The leading cryptocurrency exchange, BingX, has unveiled BingX Labs, its new investment division planned to fuel the growth of digital asset startups. This initiative comes at a time of increasing optimism within the crypto market, highlighted by a surge in investment and heightened participation from traditional financial players. BingX Labs

August 1, 2024 1 min read

SHIB Hits 18-Day Low Amid Active Token Burning Phase

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

August 1, 2024 2 mins read

Is Bitcoin Dropping Below $65K a Sign of Further Decline in August?

The Bitcoin (BTC) market displayed selling pressure soon after the US Federal Reserve’s meeting on Wednesday, July 31. The cryptocurrency’s value fell by 6% and landed in the $63,000 zone. This drop marks the first time Bitcoin has slipped below $65,000 since July 25, according to CoinMarketCap data. Federal Reserve

August 1, 2024 2 mins read
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