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NFT Market Sees Over 30% Decline in Weekly Sales
4.5.2024
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin...
Friend.tech’s FRIEND Token Airdrop Faces Steep Decline Since Market Debut
3.5.2024
Friend.tech, the decentralized social media application on the Base network, recently launched its native token through an airdrop. Since trading commenced, the token has plummeted, dropping anywhere from 50% to 90% of its initial value across various decentralized exchange (dex) platforms,...
Avalanche and Internet Computer navigate price changes; KANG set for new ATH
3.5.2024
Although the prices of Internet Computer (ICP) and Avalanche (AVAX) have been declining in the past month, both tokens are considered to be in a good entry phase for buyers. Having both seen very significant price spikes this year, their low prices signal another starting point for an impending...
Stacks Price Prediction as STX Token Slides Under $2 – How Low Will STX Go?
2.5.2024
As Bitcoin (BTC) corrects to its lowest levels in over two months below $60,000, its largest layer-2 scaling blockchain Stacks (STX) is also in decline, with the Stacks price hitting its lowest levels since mid-February below $2.0.
The post Stacks Price Prediction as STX Token Slides Under $2 –...
Stellar Price Prediction as XLM Retraces 5.4% With Market Drop — Is It Time to Load Up?
1.5.2024
XLM has fallen by 3% in the past 24 hours, with the Stellar price dropping to $0.1051 on a day when the wider crypto market has suffered a 7% decline.
The post Stellar Price Prediction as XLM Retraces 5.4% With Market Drop — Is It Time to Load Up? appeared first on Cryptonews
XRP, SOL, and DOGE open interest falls combined 51% in the last month
1.5.2024
Dogecoin’s open interest saw the steepest decline among the top ten cryptocurrencies by market cap, falling 64% since the start of April
Bitcoin Price Prediction: Nears $60,000 Amid 5.75% Drop and Market Volatility
1.5.2024
Bitcoin is nearing the $60,000 threshold, with its current price at $59,966 following a 5.75% decline over the last 24 hours.
The post Bitcoin Price Prediction: Nears $60,000 Amid 5.75% Drop and Market Volatility appeared first on Cryptonews
MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5%
30.4.2024
Bitcoin (BTC) development company MicroStrategy reported a net loss for the first quarter of 2024 of $53.1 million, or $3.09 per share on Monday.
The post MicroStrategy Reports Net Loss of $53.1M in Q1 of 2024 and Yearly Revenue Decline of 5% appeared first on Cryptonews
Is Bonk Going to Zero? BONK Price Drops 8% As Latest Meme Coin Pre-Sale Drops Soon
29.4.2024
Solana’s second biggest meme coin, Bonk (BONK), fell 8% overnight, taking some of the heavier losses amidst a crypto pullback spurred on by market leaders Bitcoin (BTC) and Ethereum (ETH). As of Monday morning, UTC, Bonk changes hands at $0.00002427. This is a near 50% decline from...
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
29.4.2024
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline could be the “most...
Bitcoin’s red alert: Price dips below $63K, risks further decline
26.4.2024
Bitcoin has recently demonstrated an ability to bounce off the dip to the $64,000 support level, breaking the $64,500 resistance level. Nevertheless, the cryptocurrency encounters an obstacle at the $65,500 resistance level, reaching $65,300 and then falling again. The shrinkage caused Bitcoin...
Bears tighten grip on Stellar and Cosmos, while Uniswap challenger Castula Network aims for top DeFi exchange
24.4.2024
Amidst the uncertainty surrounding the performance of Stellar (XLM) and Cosmos (ATOM), Castula Network (CNK) is innovating a fresh project into the DeFi market. The top crypto tokens have endured a quiet start to April, slipping significantly as the bearish sentiments gather momentum. However...
Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation
23.4.2024
Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is "deeply undervalued," despite revenue decline.
The post Canaan Executives Plan to Buy $2 Million in Company Shares, Citing Deep Undervaluation...
BlockDAG’s Moon-Themed Keynote Teaser Fuels $19.3M Presale Amid Downbeat Ethereum Price Predictions & Shiba Inu Trends
22.4.2024
In the face of a general market decline, the Ethereum price prediction is currently facing a gloomy trend, suggesting a period of caution for the cryptocurrency. Similarly, Shiba Inu’s market performance mirrors these problematic conditions, indicating a struggle to maintain stability. In stark...
Bitcoin Vulnerable to 15% Drop from War or Terror Events: SkyBridge Capital’s Anthony Scaramucci
19.4.2024
SkyBridge Capital founder Anthony Scaramucci said that war or terrorist attacks could potentially lead to a 10% to 15% decline in Bitcoin’s value over the next year.
The post Bitcoin Vulnerable to 15% Drop from War or Terror Events: SkyBridge Capital’s Anthony Scaramucci appeared first...
Fake OMNI Token Rug Pulls $400k as Real Token Price Crashes Over 55%
18.4.2024
OMNI token experienced a drastic decline of over 55% within hours of the airdrop, while a fake OMNI token rug pulled nearly $400,000.
The post Fake OMNI Token Rug Pulls $400k as Real Token Price Crashes Over 55% appeared first on Cryptonews
Bitcoin Price Prediction as BTC Bounces From $60,000 Level – More Selling Incoming?
18.4.2024
As Bitcoin navigates the uncertain waters around $61,650 after a 4% decline, the looming April 20 halving could catalyze further market turbulence.
The post Bitcoin Price Prediction as BTC Bounces From $60,000 Level – More Selling Incoming? appeared first on Cryptonews
Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving
17.4.2024
Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.
The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews
Bored Ape NFT Prices Plummet to August 2022 Levels, Down 90% From Previous High – Are NFTs Going to Zero?
16.4.2024
During the 2021 cryptocurrency bull run, Bored Apes Yacht Club (BAYC) NFTs became one of the most demanded collections but ultimately succumbed to a decline in demand that impacted the whole NFT market.
The post Bored Ape NFT Prices Plummet to August 2022 Levels, Down 90% From Previous High –...
Shiba Inu Price Prediction as Meme Coin Market Cap Sees First Decline Since March – This Hidden Coin is Bucking the Trend
16.4.2024
The Shiba Inu price has dived by 8% today, with its price dropping to $0.0000216 as the wider crypto market loses 4.5% in the past 24 hours.
The post Shiba Inu Price Prediction as Meme Coin Market Cap Sees First Decline Since March – This Hidden Coin is Bucking the Trend appeared first on Cryptonews