Thu, July 23

Is Shiba Inu (SHIB) on Track for a Breakout This Week?

The start of this week was slightly bullish as the tokens have recovered from their recent lows. The meme coin market is priced green, and several meme coins are soaring. Among them, the dog-themed meme coin, Shiba Inu (SHIB) has seen a price recovery of 3.03% over the past 24

July 17, 2024 2 mins 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

Top Memecoins Fail to Surge High Amid the Crypto Market Recovery

The crypto market is briefly in the bullish sentiment. Alongside Bitcoin and Ethereum, altcoins recorded notable recovery gains in the last 24 hours. Despite demonstrating an uptrend, the price spikes in the memecoin market fall short of dominating. Will the sector’s uptrend pick a bullish pace?  The Dune Analytics data

July 17, 2024 2 mins read

Is Trump’s Pro-Crypto Stance a Game Changer for His Campaign?

Former President Donald Trump has announced plans to release a fourth NFT collection, as per an interview published Tuesday in Bloomberg Businessweek. Trump highlighted the success of his previous NFT ventures, noting that all 45,000 cards sold out in a day across three separate collections.  “The whole thing sold out…

July 17, 2024 2 mins read

Will Ethereum Break the Pattern After the Spot ETH ETF Launch?  

After enduring innumerable support and resistance, Ethereum’s price bounced back and sustained itself within the price range of $3.3K. Over the past 24 hours, the price of ETH has spiked by 2.38%. The upcoming ETF launch triggering anticipation among the community catalyzes the current bullish sentiment of ETH.  Notably, the

July 16, 2024 2 mins read

Bitcoin Bulls Under Pressure Amid Substantial BTC Transfers

Bitcoin has shown robust performance following a prolonged bearish phase, reaching a 25-day high of $64,994 recently, surpassing the $64,000 resistance level. Notably, earlier this month, it hit a five-month low of $53,485. Currently, Bitcoin is trading at $63,746.55, marking a 1.8% increase over the past 24 hours, accompanied by

July 16, 2024 1 min read

Ethereum Breaks $3.3K Barrier Ahead of Spot ETF Launch

Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K.  ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded

July 15, 2024 2 mins read

Crypto Market Sees Rebound with Record Investment Inflows

The global crypto market has rebounded sharply, with the total market cap reaching $2.29 trillion, marking a 3.69% increase over the past day. Trading volume surged by 23.24% to $64.1 billion in the last 24 hours, dominated by stablecoins which accounted for $58.52 billion, constituting 91.29% of the total volume.

July 15, 2024 2 mins read

Will South Korea Put Crypto Taxation on Hold for Three More Years?

The South Korean ruling party, conservative People Power Party (PPP) is considering postponing the taxation of cryptocurrency investment gains with a 20 percent tax to January 2028. Cryptocurrency income taxation scheduled earlier in October 2021. As the tax law passed by the National Assembly during the former president, Moon Jae-in’s

July 15, 2024 2 mins read

Mog Coin (MOG) Surges to All-Time High with 62% Gain

The altcoin market is recovering from recent yearly lows, buoyed by positive market sentiment. Bitcoin has risen 6%, reaching a 13-day high and trading at $62,995.23. Ethereum is up 5%, hitting a 12-day high at $3,349.84. And, this bullish trend has brought memecoins back into the spotlight, with Ethereum-based memecoin

July 15, 2024 1 min read