Thu, September 24

What Drives October’s Spike in Crypto Liquidations?

The crypto market is in a state of flux, marked by significant liquidations and fluctuating investor sentiment. On October 23, 2024, total liquidations reached $261 million, predominantly affecting long positions as traders anticipated a continuation of Bitcoin’s bullish trend.  This liquidation surge ranks as the second-largest for October, following the

October 24, 2024 2 mins read

Ethereum Lodges For Support at $2.5K After Price Rally Struggles

On a rare occurrence, the overall crypto market has recorded neutral price actions in the last 24 hours. When comparing the past day, Bitcoin’s returning back to the $67K level might have contributed to neutralizing price actions. Meanwhile, the market’s trading volume has surged by 19.08% in the past day. 

October 24, 2024 2 mins read

US Elections Fuel Optimism in Crypto Markets as BTC Nears $69K

With just two weeks until the US elections, market sentiments are shifting as former President Donald Trump extends his lead over Vice President Kamala Harris in betting markets. As key swing states begin to lean Republican, traders are increasingly pricing in a potential Trump presidency, which has historically been viewed

October 23, 2024 2 mins read

Avalanche Adoption Rises to 24% Amidst AVAX Bearish Sentiment

Avalanche (AVAX) is currently trading at $26.64, reflecting a 3.5% decline over the past 24 hours and a 4% drop over the week. Trading volume has also decreased by 13%, indicating a lack of momentum. Despite these recent setbacks, AVAX is witnessing a new adoption rate of 23.5%, with a

October 23, 2024 2 mins read

Solayer and Bitget Announce BGSOL – a Liquid Restaking Token on Solana

Top restaking protocol on the Solana network, Solayer, has announced BGSOL, a liquid restaking token (LRT), which was developed through a strategic collaboration between Bitget Exchange and Solayer Labs. Designed to redefine how exchanges leverage liquid staking, BGSOL offers a new approach to staking on Solana by combining user rewards

October 22, 2024 2 mins read

Can Shiba Inu Bulls Ignite a Rally Soon?

Shiba Inu (SHIB), the second-largest meme-inspired cryptocurrency, is currently trading at $0.00001822, reflecting a 2.6% decline over the past 24 hours. However, despite this short-term dip, SHIB has experienced a remarkable 25% increase over the past month, showcasing its potential for volatility and growth. Recent analysis indicates that SHIB is

October 22, 2024 2 mins read

Is Aptos Primed for a Breakout After a 12% Rally?

In a market increasingly dominated by bearish sentiment, Aptos (APT) stands out with an impressive performance, soaring 12% in the past 24 hours to reach a current price of $11.05. This surge comes despite the overall cryptocurrency market facing a 2% decline, driven largely by a significant downturn in major

October 22, 2024 2 mins read

GSR Markets Move Millions as NEIRO Price Shows Bearish Signs

The current price of NEIRO stands at $0.001757, showing a 4.50% decrease in the past 24 hours. Its market cap has dropped by 4.50%, now sitting at $738.96 million. Trading volume has surged, increasing by 18.04% to reach $328.29 million in the same period. The volume-to-market cap ratio of 44.82%

October 22, 2024 2 mins read

ApeCoin Moves Tokens to Prominent Accounts Amid Price Rally

Several memecoins have risen to prominence over the past few weeks. This has led to speculations of a returning memecoin season. The largest memecoin and Elon-Musk endorsed DOGE has shown significant surges in the past weeks. Specifically, ApeCoin has shown significant price surges over the weekend.  The official ApeCoin account

October 22, 2024 2 mins read