Bitcoin is currently down 23% from its peak price, with most of those losses coming over the past week. The summer crash had been predicted on the premise that the four-year cycle was too early to peak. On July 7, market analyst Benjamin Cowen eyed the Bitcoin bull market support band (BMSB) as a key […]
TL;DR The cryptocurrency market rebounded with XRP’s price spiking 13% to over $0.44. Analysts predict future gains, with targets set at $17 and $9.50. XRP’s daily transactions surpassed 2.3 million, indicating rising adoption and increased trading volume, which could boost investor sentiment and prices. XRP’s Top Target The cryptocurrency market experienced a significant decline at […]
The cryptocurrency market is going through another decline on Monday morning, with major coins charting notable decreases. For example, ETH is once again trading below $3K and is down 4% on the day. XRP dropped by 5%, and now the bulls are fighting to defend the critical $0.4 level. Source: Quantify Crypto As seen in […]
Despite the launch of a slew of blockchain networks offering lower fees and faster transaction times, Ethereum’s dominance continues, and users seem willing to pay higher fees. As such, Ethereum has surpassed Bitcoin in terms of 1-year fee revenue, according to data compiled by Lookonchain. With a whopping $2.728 billion, Ethereum clearly leads the pack […]
Bitcoin’s price has stagnated since its March peak due to tight U.S. monetary policy, which has reduced stablecoin supply, according to CryptoQuant analysts. “The reason for Bitcoin’s inability to rally further is fundamentally due to the tightening monetary policy in the U.S. since March 2022,” they reported on July 3. As a result, the overall […]
TL;DR Ondo is the largest coin in the Real-World Assets (RWA) sector, with a current price around $1 and a market cap of $1.4 billion. It debuted in January and reached an all-time high of nearly $1.50 in June. The niche recently dipped from nearly $9 billion to approximately $6 billion due to the broader […]
TL;DR Bitcoin experienced a significant correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it’s a normal part of Bitcoin’s growth and advise holding steady. Many analysts predict a future rally based on historical patterns and the recent halving, although a few suggest the bull run […]
Over the past few days, crypto markets have tanked 15% with more than $350 million exiting the space. Monthly support levels have been broken sending crypto assets to their lowest levels since late February as bearish sentiment returns. However, the 28% market correction is nothing new and has happened several times during every market cycle. […]
After a decade of waiting, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. However, it appears that market players are on edge regarding the distributions and fear further sell-offs. It is important to understand that Bitcoin has already been on a decline since the beginning of June and has […]
Private key leaks were identified as the leading cause of crypto thefts in the second quarter of 2024 by cybersecurity firm SlowMist’s investigative branch, MisTrack. The report highlighted many instances wherein users stored their private keys or mnemonic phrases in cloud storage services like Google Docs, Tencent Docs, Baidu Cloud, and Shimo Docs. Private Key […]