The cryptocurrency market has experienced a turbulent week, with Ethereum facing significant … [Read More...] about Ethereum Plunges as Crypto Markets Grapple with Growing Concerns: QCP Insights
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Bitcoin’s 16% Plunge Raises Questions On Bull Market’s Fate
Ethereum Plunges as Crypto Markets Grapple with Growing Concerns: QCP Insights
Analyst Cautions Against ADA Potential Drop to $0.38, Here’s Why
Bitcoin’s Pivotal $61K Level: Break Could Lead To $56.2K, Rebound Eyes $66.5K
Crypto Market Cap Soars 65% In 2024 Q1, Hits $2.9 Trillion
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Bitcoin’s 16% Plunge Raises Questions On Bull Market’s Fate
Bitcoin, the dominant digital currency, plunged 16% from its peak of $73,600 on March 14th, sending shockwaves through the crypto world. Many traders wonder if this massive drop signals the end of the bull market, with talk of a potential bear market spreading rapidly online, according to the … [Read More...] about Bitcoin’s 16% Plunge Raises Questions On Bull Market’s Fate
Ethereum Plunges as Crypto Markets Grapple with Growing Concerns: QCP Insights
The cryptocurrency market has experienced a turbulent week, with Ethereum facing significant losses. The second-largest cryptocurrency by market capitalization, Ethereum's value plummeted more than 14% over seven days, highlighting the volatility in this ever-changing landscape. QCP … [Read More...] about Ethereum Plunges as Crypto Markets Grapple with Growing Concerns: QCP Insights
Analyst Cautions Against ADA Potential Drop to $0.38, Here’s Why
Recently, ADA broke through the bottom of its upward trend channel. This means its upward movement is not as strong in the medium or long term. Right now, ADA is facing resistance at around $0.46. If ADA cannot break through $0.46, it could go down again. But if ADA goes above $0.46, that would … [Read More...] about Analyst Cautions Against ADA Potential Drop to $0.38, Here’s Why
Bitcoin’s Pivotal $61K Level: Break Could Lead To $56.2K, Rebound Eyes $66.5K
In the fast moving sands of the cryptocurrency market, Bitcoin is currently at an important level which it can break and confirm a direction in the next weeks. In the words of the famous cryptocurrency analyst Ali Martinez, $61,000 is a do-or-die level for Bitcoin’s short-term future … [Read More...] about Bitcoin’s Pivotal $61K Level: Break Could Lead To $56.2K, Rebound Eyes $66.5K
Crypto Market Cap Soars 65% In 2024 Q1, Hits $2.9 Trillion
The first quarter of 2024 turned out to be a rollercoaster ride for the crypto world. The CoinGecko report revealed mind-boggling growth and major shifts across various sectors. Building on a strong Q4 2023, the total crypto market cap skyrocketed by an astonishing 64.5% in Q1 2024. It reached … [Read More...] about Crypto Market Cap Soars 65% In 2024 Q1, Hits $2.9 Trillion
Ethereum Now Mirrors Nasdaq More Than Bitcoin
Ethereum is gradually becoming the leading indicator of the crypto market to mirror the movements of major stock indices such as the Nasdaq 100. Recent data from InToTheBlock revealed that ETH is displaying a higher correlation with the traditional financial markets. The remarkable shift has caught … [Read More...] about Ethereum Now Mirrors Nasdaq More Than Bitcoin
Ethereum ICO Whale Sells 2,000 ETH For $6M, Retains $89M In Assets: Report
In a notable market movement, the early participant of the Ethereum Initial Coin Offering (ICO) shook the market by selling 2000 ETH for an amazing 6 million USDC while the transaction value was around $2,997 per ETH only six hours ago. This activity was revealed by the highly acclaimed crypto … [Read More...] about Ethereum ICO Whale Sells 2,000 ETH For $6M, Retains $89M In Assets: Report
Binance’s Bold Move: Plans Return to India After $2M Penalty
Binance, the behemoth of cryptocurrency exchanges, is poised to make a comeback in India, a move that could redefine the landscape of digital asset trading in the country. The world’s largest crypto exchange has been making headlines recently, with reports indicating its readiness to re-enter the … [Read More...] about Binance’s Bold Move: Plans Return to India After $2M Penalty
Ethereum Ex-Dev Challenges 5-Year Sentence: Defiant Fight for Freedom
Former Ethereum developer Virgil Griffith, convicted in 2022 for aiding North Korea in utilizing blockchain technology, is seeking a reduction in his prison sentence. The plea, conveyed through a letter from his attorney Glen Garrett McGorty, was addressed to Judge Kevin Castel of the United States … [Read More...] about Ethereum Ex-Dev Challenges 5-Year Sentence: Defiant Fight for Freedom
Bitcoin’s Halving Effect: A Promising Long-Term Investment
A recent X post by Bitwse focused on financial effects of Bitcoin’s halving events that have become evident on a long-term basis, presenting an attractive picture for investors. Happening approximately once every four years, these halving events have in the past resulted in soaring price rises of … [Read More...] about Bitcoin’s Halving Effect: A Promising Long-Term Investment
XRP Price Rebounds: Technical Indicator Signal Potential Price Movement
Ripple (XRP) just went through a notable downturn similar to Bitcoin and is now recovering indicating potential upward movement. At the time of writing, the token’s price stands at $0.489857. It has a 24-hour trading volume worth $16.28 billion and market capitalization of $27.00 billion as well. In … [Read More...] about XRP Price Rebounds: Technical Indicator Signal Potential Price Movement
VeChain (VET) Price Historical Trends Points to Bullish Surge
VeChain (VET) is one of the few cryptocurrencies that remain strong during this current market downturn, and its performance indicates that it can spike significantly. Several crypto analysts have highlighted VET’s bright future, predicting substantial upward momentum. At the time of writing, the … [Read More...] about VeChain (VET) Price Historical Trends Points to Bullish Surge
Shiba Inu’s Shibarium Onboards Over 375K Wallets In 2 Weeks
Shiba Inu's layer-2 protocol Shibarium continues to scale new heights, as gauged by the surge in the adoption rate. In just a fortnight, the scaling solution has onboarded more than 375,000 new wallets, along with a record-breaking daily average of 1 million transactions, reflecting its popularity … [Read More...] about Shiba Inu’s Shibarium Onboards Over 375K Wallets In 2 Weeks
Bitcoin Is Hope For Younger Generations, Says Analyst
Willy Woo, a Bitcoin advocate and Co-founder at CMCC Crest, has sparked off a discussion on Twitter claiming that Bitcoin brings hope to the younger generations. This was in response to Jesse Colombo, Director of Marketing at BullionStar, who pointed out that BTC dropped by 4% while gold and silver … [Read More...] about Bitcoin Is Hope For Younger Generations, Says Analyst
Ethereum’s Staking Dilemma: Preserving Decentralization or Embracing Innovation?
The Ethereum community is in a fierce debate due to the fast increase of liquid staking and restaking protocols. This proposal seeks to curtail the rapid growth of the staking pool by modifying Ethereum’s monetary policy. It aims to protect its function as a decentralized digital currency. During … [Read More...] about Ethereum’s Staking Dilemma: Preserving Decentralization or Embracing Innovation?