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CoinDesk 20 Performance Update: LINK Falls 5.7% as Nearly All Index Constituents Decline
23.10.2024
Internet Computer was the only gainer, rising 2.3% from Tuesday
DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M
23.10.2024
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%
Bitcoin traders expect price pullbacks, but $73K remains the short-term target
22.10.2024
Traders expect Bitcoin downside price action to continue but also agree that in the coming weeks, $73,000 could occur “fairly quickly.”
From $3.6T to $1.2T: The Surprising Decline in Stablecoin Transfer Volume Unveiled
20.10.2024
Since October kicked off, the stablecoin market has experienced a modest boost, though overall growth has remained quite slow. Currently, the sector is valued at $172.7 billion, with 48.9% of stablecoins residing on Ethereum and 34.92% circulating on Tron. Although the stablecoin landscape...
Ether price in 7-month decline amid ‘L1 wars,’ says analyst
17.10.2024
“Solana is the biggest slap in the face” for Ether maximalists due to its monolithic scalability approach, according to the analyst
Binance Coin Targets $600: Will Ethereum’s Decline Fuel Binance Coin’s Rally?
14.10.2024
With the Bitcoin price nearing the $64,000 mark, broader market sentiments are recovering this week. Despite a bullish…
Bored Ape Sells for $1.43M Amid 8.78% NFT Market Decline This Week
13.10.2024
NFT sales experienced a dip this week, dropping 8.78% compared to the previous seven days. Total sales amounted to $77.46 million, with a sharp decrease in both buyers (down 64.47%) and sellers (down 66.40%). Bitcoin NFTs Surge 29.36% as Overall NFT Sales Dropped Over the past week, the digital...
US Share of World Economy Projected to Reach Historic Low
13.10.2024
The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share...
BRICS Slashes US Dollar and Euro Transactions to Below 30%
12.10.2024
BRICS nations are increasingly using national currencies, with 65% of transactions now conducted in local currencies, according to a Russian finance official. The U.S. dollar and euro account for less than 30% of payments among member states, signaling a strategic shift to reduce dependency...
Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach
12.10.2024
Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price...
Bitcoin 16% drop in trading volume 'explainable,’ as price may fluctuate to $72K
4.10.2024
It may be too early to judge Bitcoin’s performance for the rest of October as investors are "largely reactionary to macro events," says a crypto analyst
Solana Price Plummeting: Key Factors Behind $SOL Decline
3.10.2024
Solana, once celebrated for its high throughput and low transaction costs, has recently experienced a significant price dip,…
Bitcoin price decline continues — How are pro BTC traders positioned?
2.10.2024
Bitcoin traders maintain a neutral sentiment despite the uptick in geopolitical tension and uncertainty within world markets
Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in Losses
2.10.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After...
CoinDesk 20 Performance Update: Ripple's XRP Drops 5.1% as Nearly All Assets Decline
2.10.2024
ATOM was the lone gainer in the index, rising 0.7%
Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246
1.10.2024
On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran...
September Slump: Bitcoin Miners See 2024’s Lowest Revenue
1.10.2024
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September, Lowest Monthly Total of 2024 September was a tough...
Digital Collectibles Market Struggles as September NFT Sales Slide by 47.9%
1.10.2024
Over the last two weeks, non-fungible token (NFT) sales have enjoyed steady week-over-week increases. However, when we compare the numbers from September to August, the story takes a different turn. Data from Cryptoslam.io reveals that September saw a 47.9% drop in total digital collectible sales...
UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings
1.10.2024
Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies...
Weekly Crypto Standouts: CEL’s 339% Surge, BNX’s 15% Decline
23.9.2024
On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined...