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Biggest Movers: SOL, XRP Snap Recent Losing Streak on Wednesday
26.7.2023
Solana ended a two-day losing streak on Wednesday, as the token surged by as much as 7% in today’s session. The move came following a two-week low on Tuesday, as markets slipped after recent highs. XRP also edged higher, and currently hovers near a key price floor. Solana (SOL) Solana (SOL)...
Rare 2010 Bitcoin Block Reward Stirs After 13 Years of Dormancy
25.7.2023
On July 24, 2023, a block reward from 2010 was transferred for the first time in 13 years, marking this month’s first expenditure of dormant bitcoin from that year. So far this year, a total of nine such block rewards from the 2010 era have been spent, resulting in the transfer of...
First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low
25.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC, ETH Find Price Support Ahead of US Consumer Confidence Report
25.7.2023
Bitcoin rebounded from a one-month low Tuesday, as markets prepare for the upcoming U.S. consumer confidence report. The confidence index is expected to increase to a reading of 111.5 in July, up from 109.7 the month prior. Ethereum also bounced higher, after colliding with a key price floor....
Russian Ruble Falls by Over 18% in 2023, Economist Says the Currency Has ‘Stabilized’
25.7.2023
After the Russian currency touched a year low versus the greenback of nearly 92 units for every dollar, economist Robin Brooks said the ruble has stabilized and may eventually be lifted by rising oil prices. The Institute of International Finance Economist urged G7 countries to consider cutting...
Deribit's Bitcoin volatility index hits lifetime lows, hinting sideways action
25.7.2023
The Bitcoin Implied Volatility Index has fallen to its lowest levels since the crypto options exchange launched the tracker in early 2021
OpenAI shutters AI detector due to low accuracy
25.7.2023
OpenAI has quietly pulled the plug on its AI Classifier because of its low accuracy
Biggest Movers: DOGE Surges as Elon Musk Launches X
24.7.2023
Dogecoin was one of Monday’s notable gainers, climbing by as much as 5%, following the news that Elon Musk was rebranding Twitter to X. Speculators believe the new platform will allow users to make crypto payments. XRP, on the other hand, fell to a ten-day low. Dogecoin (DOGE) Dogecoin...
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29K, With Key US Economic Events Looming
24.7.2023
Bitcoin neared a breakout below the $29,000 level on Monday, as traders prepared for this week’s Federal Reserve rate decision. In addition to the Fed meeting, consumer confidence data will also be released from the United States. Ethereum hit a three-week low. Bitcoin Bitcoin (BTC) was...
Nigerian Currency Plunges to All-Time Low Versus Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges
22.7.2023
The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed to shortages of foreign exchange on the official market and the rising demand for forex. The Central Bank of Nigeria (CBN) said...
Stablecoin dominance slides as market cap falls to near 2-year lows: CCData
21.7.2023
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization
Bitcoin rejects at 21-day trendline — How low can BTC price go?
20.7.2023
BTC price fails to protect the $30,000 mark after a brief resurgence, and Bitcoin traders are not confident of new highs
AI Crypto Coin Approaches $1.2 Million: Will This Lesser Known Crypto Be the Next 100x Low Cap Gem?
20.7.2023
A new crypto project, Launchpad XYZ, is making waves in the cryptocurrency space with its ongoing presale.
Within a few weeks, its native asset, $LPX, has already secured an impressive $1.17 million in presale investments.
With the milestone of $1.2 million within reach, this remarkable...
Bitcoin, Ethereum Technical Analysis: ETH Moves Past $1,900 as Traders End Losing Streak
20.7.2023
After six consecutive days trading in the red, ethereum bounced back on Thursday, once again climbing above the $1,900 mark. The move came as bitcoin also edged higher, after falling to a four-week low during Tuesday’s session. Bitcoin Bitcoin (BTC) was marginally higher on Thursdays, as...
XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low
19.7.2023
Bitcoin’s stall despite the recent wave of positive news is a cause for concern, one observer said
Next Pepe Contenders $HOPPY, $WOLF, $POP, Trending on DEXTools - Is Low Cap Crypto $EVILPEPE Next?
19.7.2023
Meme coins are once again heating up on leading DEXs like Uniswap, and today's market has already witnessed impressive pumps for feel good projects such as $HOPPY, $WOLF, and $POP.
After a strong year for the meme coin vertical, straight to DEX token launches have enjoyed something of...
Stock-to-Flow Analyst Plan B Predicts Bitcoin’s Price to Reach $40K-$50K at Halving
18.7.2023
In about nine months, expected near April 24, 2024, Bitcoin is set to experience its fourth block reward halving. Many supporters and market observers anticipate a price increase prior to the event. According to an anonymous market analyst known as Plan B, bitcoin’s price could ascend...
Web3 Revolution: ‘Low Latency Is King’ Says Fleek Network Lead Researcher
18.7.2023
According to Parsa Ghadimi, the lead researcher at the Web3 infrastructure platform Fleek Network, many developers of decentralized apps (dapps) continue to shun Web3 infrastructure because it has low latency. Ghadimi asserts that developers and users are more concerned with performance than...
First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low
18.7.2023
PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests
The Flash Movie Trainwreck Reaches A New Low With NFTs
14.7.2023
The Flash has been a disaster for DC and Warner Bros. The Ezra Miller-led superhero film is securing a record as one of the biggest box office flops in the business. There are a lot of factors that led us to that point, but Warner Bros. attempts to get any money out of the film before the...