ADA At A Crossroads: Approaching $0.3389 Support With Potential For A Deeper Decline
Cardano (ADA) is approaching a crucial support level at $0.3389, a point that could determine its next major price movement. As the cryptocurrency nears this significant threshold, the question arises: will it hold firm, or will a break below…
Ethereum’s Gas Fees Remain Low While Network Turns Inflationary
According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting…
Bored Ape Yacht Club Leads the Week’s Priciest NFT Sale Despite Overall Market Dip
While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sales Drop 4.3%, But Buyer and…
Bitcoin Hash Price Hits New Low — Is It Time To Buy?
The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August. As of this writing, the premier cryptocurrency is valued at $59,131, with no significant price change in the…
Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million
Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million. At the same time, despite a trading volume of $173.66 million, ether ETFs saw no net gains or losses on Friday. Bitcoin ETFs Lose…
Top TON Coins Face Turbulent Week Amid Durov Arrest and Network Disruptions
Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significant outages on the blockchain…
TIA Down 23% In A Week, As Investors Eye New On-Chain Projects
With the crypto market eyeing to end August on a sour note, the altcoin sector saw more pain in the short term after the broader market dipped in the past 24 hours. This led to altcoins like TIA facing significant losses on all timeframes…
Washington Man Faces Charges in $64 Million Crypto Laundering Scheme
A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds were moved offshore or…
Ethereum co-founder Vitalik Buterin addresses allegations of profiting from ETH sales, emphasizing his long-term support for Web3 projects and charities.
UNI Rebounds To $5.5 – Will Bullish Momentum Push It Higher?
Uniswap (UNI) has made a promising rebound to the $5.5 mark, sparking renewed optimism among investors and traders. With fresh momentum building, all eyes are on whether UNI can capitalize on this upward shift and push toward the next resistance…
Bitcoin Set For Further Losses As Data Points To Stormy September – Details
According to data from CoinMarketCap, Bitcoin has experienced a turbulent end to August, losing 7.75% of its market value in the final week. This price decline underscores the overall negative performance of the crypto market leader in the last…
Argentine President Javier Milei to Star in His Own Docuseries on X
Argentine President Javier Milei recently announced that a series documenting his rise to power will premiere on X. The six-part limited series, titled “Milei – The Series,” will showcase the process Milei underwent to reach the…
Ethereum (ETH) Struggles To Break Past $2,600: What’s Driving ETH Down?
Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors. This…
Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.
Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in…
Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering…
How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In
As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts…
Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of…
Bitcoin Continues To Exit Exchanges As Supply Drops To New 2024 Low
On-chain data shows the Bitcoin supply sitting on exchanges has reached a new low for the year as investors continue to withdraw their coins. Bitcoin Exchange Reserve Has Been Riding A Downtrend Recently As explained by an analyst in a CryptoQuant…
Bitso Report Shows Argentines Leading Stablecoin Adoption in Latam
A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurrency purchases in Argentina…
Analysts Say Now Is the Time to Re-Accumulate Bitcoin—Here’s Why
Bitcoin (BTC), after briefly reclaiming the $61,000 price mark yesterday has now fallen below it continuing its bearishness as of today. Amid this negative price action, the asset’s hash price, a key metric reflecting miners’…
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