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Bitcoin ETF momentum runs out as crypto market enters summer slump: Report
11.8.2023
DeFi and NFTs remain deep in the bear market while crypto stocks see an upside
Stellar & Compound in the shadows as VC Spectra gains momentum
9.8.2023
While Stellar (XLM) and Compound (COMP) are less popular altcoins, they dominate their respective fields. Still, either project is falling out of favor as VC Spectra (SPCT) shows no let-up in gaining momentum. After raising $2.4 million in a fortnight of its seed sale, more has been injected after...
Stacks & Tezos on downfall while Tradecurve bullish momentum builds up
9.8.2023
The recent decrease in the value of both Stacks (STX) and Tezos (XTZ) has resulted in a lot of traders looking for alternative DeFi tokens. The smart ones have already begun to diversify with promising upcoming projects. One of the latest projects that can dominate the space is Tradecurve (TCRV),...
Biggest Movers: LINK, SOL Extend Gains, as Crypto Momentum Begins to Shift
8.8.2023
Chainlink surged by nearly 4% during Tuesday’s session, as the token moved towards a one-week high. The move came as cryptocurrencies rebounded, following a slow start to the week. Solana was another big mover, as it headed towards the $24.00 level. Chainlink (LINK) Chainlink (LINK) was one...
Telegram crypto bots gain momentum in the market: Binance Research
7.8.2023
Daily volumes of crypto trades on Telegram bots hit a record high of $10 million in July, according to a new report by Binance Research
GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut
3.8.2023
In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained momentum, witnessing substantial growth in market...
Litecoin & Solana lose momentum. VC Spectra presale is the most trending opportunity
31.7.2023
After a brief upswing around mid-July 2023, Litecoin is back to its previous trading range with barely any sign of a new uptrend. Meanwhile, Solana’s price indicates a potential bullish trend reversal, while its short-term trend remains bearish. While Litecoin (LTC) and Solana (SOL)...
DOGE soars 10%; will X (Twitter) hype boost? Could VC Spectra also gain bullish momentum?
30.7.2023
Dogecoin (DOGE) has seen an investor rush leading to a 10% price rise after its logo was displayed on X, as Twitter is now known. Similarly, VC Spectra (SPCT), now in its second presale stage, is experiencing an investor surge due to the promise of significant gains. Is it time to buy and hold...
Uniswap surges in price, still investors move towards DigiToads to leverage the momentum
25.7.2023
In the first half of 2023, Uniswap (UNI) experienced frequent price fluctuations that negatively influenced investor sentiment. Its prolonged bearish season caused its price to drop by over 88%. By early July, its decentralized finance (DeFi) value had stabilized considerably before gaining a...
Aptos hits the ceiling as momentum fades. Over 205M QUBE sold in presale
23.7.2023
The crypto world never ceases to amaze us with exciting developments. While some events bring hearty cheers, others disappoint. As Aptos, a once-promising crypto contender, seems to hit the ceiling and experiences fading momentum, another entrant, InQubeta, is making waves with its record-breaking...
First Mover Americas: ProShares Dismisses Concerns Over Cost of Tracking Futures
21.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 on Friday, a Week After XRP Ruling
21.7.2023
Bitcoin dropped below the $30,000 level on Jul 21, as market sentiment continued to trend lower in today’s session. This comes a week after cryptocurrency markets surged following the XRP ruling, however momentum has since faded as a result of profit taking. Ethereum was also down on Friday....
First Mover Americas: XRP Momentum Could Set Precedent for Bitcoin
20.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Whales enter the arena as $10B floods in crypto – Cardano, Polygon, & InQubeta hint at bullish momentum
12.7.2023
The cryptocurrency market has recently witnessed a massive influx of capital, with an astonishing $10 billion pouring into the space. This surge in investment activity has attracted the attention of crypto enthusiasts and investors worldwide. As the market continues to evolve, certain...
BTC’s Year-End Price Projections for 2023 Vary Widely, Ranging From $25K to $40K, While Future Forecasts Extend Into Six-Digit Territory
7.7.2023
Bitcoin’s market performance in the first half of 2023, surging by 80% against the U.S. dollar, has enthusiasts eagerly speculating about its year-end price. Techopedia and Changelly have released price prediction reports with varying estimates, suggesting that bitcoin’s value could...
Bitcoin, Ethereum Technical Analysis: BTC Briefly Climbs to 1-Year High, Before Losing Momentum
6.7.2023
Bitcoin rose to a fresh one-year high on Thursday, as markets reacted to the release of June’s FOMC minutes. The report on last month’s Federal Open Market Committee meeting showed that “almost all participants” are in favor of further hikes this year. Ethereum also...
Bitcoin Emerges as NFT Contender With $463 Million in Sales in 4 Months
5.7.2023
In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive...
Biggest Movers: LTC Leaps to 15-Month Peak as DOGE Bull Run Continues
1.7.2023
After climbing by over 20% on Friday, litecoin extended gains to start the weekend, surging to its highest point in over a year. The move comes as momentum surrounding the token’s listing on EDX markets continues to grow. Dogecoin also recorded a strong start to the day. Litecoin (LTC)...
Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges
30.6.2023
Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the chain as BCH is currently 2.7% more lucrative to mine...
Bitcoin, Ethereum Technical Analysis: BTC Remains in the Green, Ahead of US Consumer Sentiment Report
30.6.2023
Bitcoin remained close to the $31,000 level on Friday, as momentum in the market continued to be bullish heading into the weekend. This comes ahead of the anticipated consumer sentiment report from the United States, which is expected to show an increase in overall consumer confidence. Ethereum...