Bitcoin (BTC) has continued its downtrend, reaching new local lows of under $59,000. During the mid-hours of the United States Monday trading session, BTC briefly fell below $60,000 to register a new local low of $58,500. This slump has persisted as outflows from the U.S. spot Bitcoin exchange-traded fund (ETF) market have continued into the […]
Ripple’s XRP has been one of the cryptocurrencies that managed to maintain relative stability during the ongoing market turbulence. In fact, for the past 24 hours, it has added 0.62% to its price and remains trapped in a relatively tight range at around $0.48. XRP Trading Volume Soars Data from CoinMarketCap reveals that, at the […]
Shiba Inu (SHIB) was also affected by the volatility in the crypto markets during the past 24 hours. As CryptoPotato reported, at one point, the popular meme coin was down by about 6.4% yesterday. Like most other altcoins, SHIB is currently recovering, trading at a 3% gain compared to yesterday’s price. Source: TradingView Data from CoinMarketCap reveals […]
Bitcoin’s price has been on a rollercoaster throughout the past couple of days, resulting in hundreds of millions of liquidations across the board. Traders and analysts are now speculating on what’s next, with Willy Woo giving some insights on BTC’s short-term price targets. BTC Bounces Back Above $61K The BTC price went off a cliff […]
Michael Saylor, the executive chairman and co-founder of MicroStrategy, has predicted that Bitcoin will reach $10 million per coin. Saylor made this prediction during a podcast with Robin Seyr, further claiming that China will become a strong supporter of the cryptocurrency. Chinese Adoption and Economics Saylor, who is known for being among the most vocal […]
Monday has started on the wrong foot for bitcoin and the entire crypto market as the primary digital asset plummeted from over $64,000 to a new multi-week low of under $62,500. Although the liquidations on a daily scale are still relatively low of just over $130 million, the total amount of wrecked traders has risen […]
The reaction and market sentiment towards Ethereum spot ETFs is somewhat muted in comparison to when Bitcoin products launched earlier this year. These are the findings of crypto entrepreneur and investor Andrew Kang, who published a lengthy analysis of the impact of Ethereum ETFs on X on June 23. Bitcoin ETFs opened the door for […]
HashKey Group, a leading end-to-end digital asset financial services group in Asia, announced the upcoming public community airdrop and listing of its new native token, HSK, which is set to be unveiled in Q3 2024. The statement notes that the new HashKey native token HSK will earn applications within the entire HashKey group ecosystem and […]
It goes without saying that the dispute between the United States Securities and Exchange Commission and Ripple Labs over whether XRP should be constituted as a security or not is one that will likely have consequences for the entire industry. The case has been going on for many years now, and it’s currently in its […]
The cryptocurrency market continues struggling, with the majority of the altcoins charting considerable declines throughout the past 24 hours. That said, let’s examine some of the more important updates concerning Ripple, Shiba Inu, and Cardano from the past few days. Important Ripple Milestone While all eyes remain focused on the legal battle between Ripple Labs […]