Around $205 billion has exited crypto markets over the past 24 hours, sending total market capitalization plummeting back to $3.84 trillion. It is the lowest level total cap has been since August 6, but it still remains within a six-week sideways channel despite the massive sell-off. CoinGlass reported that around 205,000 traders were liquidated over […]
Today’s recovery attempt by most cryptocurrencies turned out to be a fakeout as the market has turned red once again. This time, Ethereum has taken the painful main stage, dumping by over 11% since its all-time high registered just over 24 hours ago. ETHUSD. Source: TradingView The landscape around the world’s second-largest cryptocurrency changed for […]
It has been a wild ride, but Ethereum’s price has finally reclaimed its former all-time high. The move came following a recent correction, which saw ETH’s price drop to slightly above $4,000. The cryptocurrency saw a massive bounce in the past 24 hours following the speech of US Federal Reserve Chairman Jerome Powell at Jackson […]
Bitcoin’s price faced some volatility ahead of the highly anticipated meeting between Trump and Putin, but has failed to show any big fluctuations after its conclusion. The altcoins, though, have tumbled over the past 24 hours, led by Ethereum’s substantial decline to well under $4,500. BTC at $117K The primary cryptocurrency had an eventful week. […]
Bitcoin prices reached a new peak of $124,130 in early trading in Asia on Thursday morning, according to CoinGecko. It traded even higher on exchanges with a premium, such as Coinbase and Bitstamp. The asset has gained 3.4% on the day, climbing from an intraday low of $119,000 and exceeding its July 14 peak of […]
Crypto and stock markets have continued to rally despite ongoing tariff uncertainty. The rally may have been aided by some signs of economic softness and increasing odds of a rate cut in September. However, analysts tend to think that the path ahead may remain choppy, with trade, macro, and geopolitical developments still casting darker clouds […]
Ethereum has been the best performer amid the large-cap cryptocurrencies for the past 24 hours, wrapping up 7% gains in the interim and bringing its total weekly increase close to a whopping 20%. At the time of this writing, ETH is trading at around $4,200. Source: TradingView The move marks a major feat in ETH’s […]
A new court filing on August 7 from the US Securities and Exchange Commission and Ripple Labs stated that both parties have agreed to dismiss their appeals. The move has brought official closure to one of the longest-drawn-out and most closely observed crypto lawsuits in history. In the joint stipulation of dismissal filed with the […]
Crypto markets tanked hard over the weekend as Bitcoin retreated back to support at $112,000 as trade tariff economic uncertainty returned, quashing risk appetite. Trump rolled out new “reciprocal” tariffs through an executive order, and a weak US jobs report caused markets to stumble late last week. Trade tensions are back in the spotlight as […]
Strategy, a publicly traded company, has announced the successful closing of its initial public offering (IPO) of 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at a public offering price of $90 per share. The offering generated gross proceeds of approximately $2.52 billion, making it the largest US IPO of […]