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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
US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
10.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot...
NFT Sales Slide Continues Amid Record Crypto Volumes, Marking Fourth Week of Decline
6.4.2024
Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 13.72% reduction. This downturn marks the fourth consecutive week of declining NFT sales, a stark contrast to the record-breaking achievements witnessed throughout other sectors...
Bonk Price Prediction as BONK Drops 4% Overnight – Dip-Buying Opportunity?
6.4.2024
Bonk (BONK) has seen a notable decline of 4% overnight, stirring interest in its market dynamics and leading to speculations about potential dip-buying opportunities.
The post Bonk Price Prediction as BONK Drops 4% Overnight – Dip-Buying Opportunity? appeared first on Cryptonews
Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over?
5.4.2024
Despite Dogecoin's recent price decline to $0.173, its resilience is evident with a $2 billion trading volume, solidifying its position in the cryptocurrency market's top 10.
The post Dogecoin Price Prediction as DOGE Tumbles and Bounces Back – Is the Sell Off Over? appeared first on Cryptonews
Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes
3.4.2024
Bithumb Korea, the operator of the Bithumb crypto exchange, has reported a year-on-year decline in profitability for the Financial Year 2023, despite recent upturns in trading volumes.
The post Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes appeared first...
DogWifHat in Danger? WIF Price Tumbles 17% as New Solana Meme Coin Gains Momentum
2.4.2024
Popular Solana meme coin DogWifHat (WIF) appears to be wobbling hard after shedding 17% of its value in the last 24 hours to trade at $3.69 as of this writing. WIF’s decline is part of a broader market pullback today that shaved around 5% from market leaders Bitcoin and Ethereum overnight....
In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
2.4.2024
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued...
DogWifHat Price Prediction as WIF Plummets 22% in a Week – What’s Going On?
22.3.2024
DogWifHat's sharp decline sparks curiosity in the crypto world. Amid broader market downturns, WIF's resilience and potential for recovery capture investors' attention.
The post DogWifHat Price Prediction as WIF Plummets 22% in a Week – What’s Going On? appeared first on Cryptonews
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
AI Crypto Sector Stands Tall Amid Market Decline, Economy Bolsters by $7.54B in Just 30 Days
21.3.2024
Amid a widespread downturn in the cryptocurrency markets this week, tokens based on artificial intelligence (AI) have nevertheless attracted billions of dollars in additional investment. In the last month, the AI-focused cryptocurrency sector has expanded by $7.54 billion, with the majority of...
Is It Too Late to Buy Avalanche? AVAX Price Soars 22% Amid $6 Million Raise by Eco-Friendly Protocol
19.3.2024
Avalanche (AVAX) is up 22% from where it was this time seven days ago as it holds onto more gains than any other top fifty cryptocurrency in the midst of a market-wide pullback today. AVAX currently changes hands at $57.73, a marked decline of about 5.2% from its price 24 hours ago, according...
Market Shakeup — BSV Faces Steep Decline After UK Judge’s Decision in COPA Case
16.3.2024
In recent times, the cryptocurrency landscape has experienced a widespread decline, yet the digital asset bitcoinsv, known for its associations with Craig Wright, has seen the most significant weekly downturn within the crypto sphere, dropping 18.9% versus the U.S. dollar in seven days. This...
Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022
13.3.2024
Crypto mining firm Core Scientific has announced a decline in year-on-year revenues in its Q4 2023 results, accompanied by a substantial reduction in net losses.
The post Core Scientific Reports $502M in 2023 Revenue, Down From $640M in 2022 appeared first on Cryptonews
Bored Apes and Yuga Ethereum NFTs Experience Value Decline Despite Market Surge – Here’s the Latest
12.3.2024
Bored Ape Yacht Club (BAYC) NFTs were once the hottest bit of digital property on Ethereum’s NFT market but now Yuga Labs’s signature collection and other affiliated NFTs are posting new lows. The current floor price for BAYC, which indicates the lowest one can purchase it for,...
Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline
2.3.2024
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw...
Breaking: Coinbase Crashes, Sparking Bitcoin Bull Run Hopes as Market Remembers Past Surges
28.2.2024
Coinbase experienced a major outage today, causing a temporary decline in Bitcoin's price. The crash has sparked speculation about a potential Bitcoin bull run, as the market draws parallels with previous Coinbase outages that preceded a major surges in Bitcoin's value.
The post Breaking: Coinbase...
Bitcoin Soars Above $52K, Yet Public Interest Shows Decline, Google Trends Data Reveals
15.2.2024
As bitcoin’s value surged to $52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest. Currently, global metrics from the last 90 days reveal the search term “bitcoin” holds a score of 36 out of 100, significantly less...