October was anticipated to ignite a bull run in the crypto market. However, crypto assets have continued to defy bullish forecasts and deepen their bearish trajectory. The market has witnessed declining prices and sell pressure, leaving investors anxious. Notably, the meme coin Dogecoin (DOGE) has recently attracted the crypto market
This week marked a significant development in the cryptocurrency market, as Bitcoin (BTC) rallied by 10.48%, reaching a weekly high of $69,000. With BTC now within striking distance of the crucial $70,000 psychological level, market participants are optimistic about its near-term trajectory, particularly as no major macroeconomic data is expected
Bitcoin (BTC) has experienced a remarkable rally over the past week, surging 9% and reaching a three-month high of $69,000. Currently trading at $68,330.37, the cryptocurrency is seeing a modest increase of 0.36%, despite a 13% decline in trading volume. This fluctuation has sparked fresh speculation among market participants regarding
Binance, the world’s largest cryptocurrency exchange, has reached a significant milestone, with its cumulative spot and derivatives trading volume surpassing $100 trillion, according to data from CCData. OKX follows in second place with $24.9 trillion, while Bybit and Bitget rank third and fourth with $13.2 trillion and $10.9 trillion, respectively.
The Bitcoin (BTC) price is hovering above $67.5K. If BTC could potentially breakout on the upside, the asset can breach the all-time high (ATH) at $73,750. A failure would pull back the bullish outlook, and Bitcoin might stay below its previous peak. BTC’s surge to $68K has made bullish predictions,
The Dogecoin (DOGE) price is on the rise, potentially shifting toward a bullish pattern, as recent technical indicators hint at the growing positive momentum. DOGE took hold of its ground at a potential resistance level, likely preventing further decline. DOGE’s price has surged over 9.10% in the last 24 hours.
Chirag Tomar, a 31-year-old Indian Citizen, was sentenced today to 60 months in prison for his role in a cryptocurrency spoofing scheme that defrauded victims of more than $20 million. U.S. District Judge Kenneth D. Bell issued the sentence in Charlotte, North Carolina. Tomar’s scheme involved hundreds of victims worldwide,
Dogecoin and TRON are holdovers from the “Golden Era” of crypto, with each having been around for the past two bull runs. However, the window for parabolic wealth generation for either has already gone. Instead, analyst forecasts predict debuting revenue sharing DeFi protocol to outperform both in the coming years.
The crypto market is briefly rebounding as the anticipated October momentum steamed. The altcoin, Injective (INJ) has soared over 10% in the early hours, crossing the $23 mark. The INJ rally coincides with the listing on the South Korean crypto exchange, Upbit. Upbit has officially listed Injective (INJ) to its
Cardano (ADA) has been experiencing market turbulence, with traders showing caution despite recent bullish attempts. After hitting a two-week high of $0.3711, ADA faced renewed selling pressure, dropping 4.24% in the past 24 hours to $0.3443. Trading volume has also decreased by 39%, further reflecting market hesitation. A key technical
