Sun, April 19

Will These Ethereum Whale Transfers Lower The Chances of Recovery?

Ethereum, the largest-capped altcoin, marks the slightest recovery back to $3,000 with a minute spike of 1.25% in the last 24 hours. Alongside Bitcoin’s dip to $53.4K, Ethereum bottomed at $2.8K last week, creating a panic in the market.  Mt. Gox and the German Government were among the instigators of

July 8, 2024 2 mins read

Can Bitcoin Overcome the $56K Resistance Level?

Bitcoin (BTC), the largest cryptocurrency by market cap, has continued to display its dismal price trends ever since the start of July.  Following BTC’s price dip, the global crypto market shed over a hundred billion dollars, returning it to $2.05 trillion. Notably, over the last 24 hours, Bitcoin formed a

July 8, 2024 2 mins read

3M Worth PENDLE Whale Transfer Heightens Its Selling Pressure

The market has been very bearish in recent days, and today marks another decline as it enters the fear zone, with the global market down 3%. Bitcoin, the largest cryptocurrency, has fallen below the $56K range, now trading at $55,580, while altcoins face double-digit declines. Among them, the Pendle coin

July 8, 2024 1 min read

Taiwan Mobile Seeks to Become the 26th Virtual Asset Service Provider

Taiwan’s second-largest telecom operator, Taiwan Mobile, has stepped into the cryptocurrency space. The company has applied to become the nation’s 26th Virtual Asset Service Provider (VASP) operator. Acquiring the license, it aims to establish its cryptocurrency exchange.  According to the local media report, Taiwan Mobile gained approval after submitting its

July 5, 2024 2 mins read

NFTs Market Shows Bullish Signs Despite Crypto Downturn

The cryptocurrency market is navigating turbulent waters, with the total market cap dipping below $2 trillion and many altcoins hitting yearly lows. Amid these challenges, analysts remain cautiously optimistic about a potential bullish turn in the NFT space, fueled in part by major developments. One significant shift observed is the

July 5, 2024 2 mins read

Bitcoin Drops Below $55K Amid Mt. Gox Wallet Activity

Bitcoin, the leading cryptocurrency, has continued to show a downtrend for the last month. BTC hit its four-month low, declining 8.55% to $53,485. The noted decline and selling pressure are paralleled with the defunct crypto exchange Mt. Gox’s Bitcoin repayments to its creditors. Mt. Gox wallets actively moved 47,229 BTC

July 5, 2024 2 mins read

Where is the Crypto Market Headed as Liquidations and FUD Surge?

The crypto community amidst its expectancy for bull runs has received shock waves this past week. In an additional remark, the crypto market recorded a $110 million liquidation in under an hour, during the Asian morning hours of July 5. With such high liquidation rates, the market has dipped into

July 5, 2024 2 mins read

Major Cryptos Hit Yearly Lows As Bearish Condition Intensifies

The crypto market has been experiencing a significant bearish trend, with the overall market capitalization dropping by 9% recently, now falling below $2 trillion to $1.99 trillion. Conversely, trading volume has surged by 40% in the past 24 hours. Bitcoin has been hit hard, dropping 7% to a five-month low

July 5, 2024 3 mins read

Bitcoin (BTC) Price Plunges to 2-Month Low Amid Market Turmoil

The crypto market’s window opened on an anxious note, sliding back to a valuation of $2.13 trillion.  With a dip of 4.76%, Bitcoin (BTC) plunged to a two-month low of $57.2K. The fall has caused the altcoins herd to perform at its lowest. Notably, the largest altcoin Ethereum (ETH) fell

July 4, 2024 2 mins read
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