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Solana Price Prediction as Jupiter DEX Surpasses Uniswap – A New High for SOL Incoming?
29.1.2024
Solana (SOL) price predictions have sudden become much more bullish in wake of the cryptocurrency breaking above key technical resistance levels, and amid a surge in on-chain activity that saw Solana’s largest decentralized exchange (DEX) Jupiter surpass Uniswap in terms of 24-hour trading volume...
Ethereum Technical Analysis: ETH Trade Volume Remains Low Amid Selling Pressure
29.1.2024
On Jan. 29, 2024, ethereum’s price dynamics display a nuanced interplay of market elements. The current price of ether stands at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its substantial market capitalization of $270 billion, ether trading volume remains...
Bonk Price Prediction as Volume Outperforms SHIB – Can Bonk Overtake Dogecoin and Shiba Inu?
29.1.2024
The Bonk price has dropped by 6% in the past 24 hours, with the meme token falling to $0.00001171 on a day when the wider market drops by a less dramatic 0.5%. BONK remains up by 7.5% in the past week, yet it has declined by 17.5% in the last 30 days, with January having […]
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Solana Price Prediction as SOL Approaches $100 – Can SOL Beat Its All-Time High?
28.1.2024
As Solana (SOL) edges closer to the $100 mark, the crypto community is abuzz with speculation about its potential to surpass its previous all-time highs. Trading at $94.05 today, SOL has seen a 1.03% increase in the last 24 hours, with a robust trading volume of around $2.34 billion. Currently...
2024 Sees Steepest Weekly Plunge in NFT Sales, 5 Major Blockchains Register Double-Digit Losses
28.1.2024
In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78%...
Analysts Suggest Financial Giant Charles Schwab Poised to Shake Up Bitcoin ETF Market With Potential Late Entry
27.1.2024
In the wake of a noteworthy 11-day period during which U.S.-centered spot bitcoin exchange-traded funds (ETFs) amassed a trading volume totaling $25.36 billion, discussions have emerged about the potential involvement of Charles Schwab, the American multinational financial services corporation....
Bonk Price Prediction as $100 Million Floods In – Are Whales Buying?
27.1.2024
As the cryptocurrency market continues to evolve, Bonk (BONK) emerges as a noteworthy new player, currently trading at a striking $0.000012. With a significant influx of approximately $116.6 million in trading volume in just 24 hours, Bonk is drawing attention in the crypto space. Despite...
New Era of NFTs With RARI Chain Royalty Payments – Top NFT News Today – 26 January
26.1.2024
Over the past 24 hours, the non-fungible tokens (NFT) market has been largely unchanged, aside from NFT news about Pudgy Penguins, RARI chain and Magic Eden. The sales volume is up 3.5%, currently at $31,574,164. Buyers, sellers, and transactions are each down around 1%, per CryptoSlam. Among...
Russian Crypto Miners Blamed for Siberia Power Outages
26.1.2024
Russian power providers say crypto miners are to blame for “mass” electricity outages during recent cold snaps. Per Interfax, Rosseti Siberia, the local branch of the state-run power provider Rosseti, “recorded an increase in the volume of illegal mining at the end of 2023 in a number of regions...
Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation
25.1.2024
Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $1.28 billion in volume on Wednesday. Additionally, figures indicate that Grayscale’s Bitcoin Trust GBTC...
Chinese Crypto Market Recorded $86.4B in Raw Transaction Volume in a Year, Eclipsing Hong Kong
25.1.2024
In the face of China’s economic downturn and a sluggish stock market, Chinese investors are turning to the crypto market as a safer alternative to traditional investments, despite the government’s crypto ban. Chinese citizens are finding creative ways to enter the crypto market, fueling...
Crypto.com’s Spot Trading Volume Soars, Surpassing Kraken and KuCoin – Can it Overtake Binance Next?
25.1.2024
Crypto.com has experienced a surge in its spot trading volume, surpassing major competitors Kraken and KuCoin. The platform’s impressive performance has positioned it as the 9th largest cryptocurrency exchange globally, with its spot volume accounting for over 3 percent of the global market....
Solana NFT Weekly Sales Hit $62M, Surpassing Bitcoin Network
25.1.2024
Weekly NFT sales on Solana experienced a surge this past week, surpassing Bitcoin. Cryptoslam data reveals that the blockchain’s weekly trading volume exceeded $62m between Jan. 18 to Jan. 25. It’s worth noting that around $3.4m constituted wash volume, or trading designed to create...
Franklin Templeton Confident in Spot Bitcoin ETF’s Future, Awaits Advisor Familiarity
24.1.2024
The renowned financial services firm Franklin Templeton remains optimistic about the future of its spot Bitcoin ETF despite not yet achieving significant trading volumes compared to industry giants like BlackRock, Fidelity, and Grayscale. While these major players account for about 90% of total...
Bitcoin Technical Analysis: Deciphering BTC’s Complex Market Behavior
24.1.2024
Bitcoin’s price dynamics on Jan. 24, 2024, present a complex picture of market fluctuations and investor sentiment. With prices oscillating between $39,878 and $40,069 in the past hour and a broader 24-hour range of $38,505 to $40,515, the cryptocurrency exhibits notable volatility. Bitcoin...
Cardano Price Prediction as Trading Volume Skyrockets 80% – Is ADA Poised for Recovery?
24.1.2024
The Cardano price has risen by 4% in the past 24 hours, reaching $0.4728 as the cryptocurrency market recovers by a modest 0.5% today. ADA’s jump today isn’t enough to override losses over greater timeframes, however, with the altcoin still down by 10% in a week and by 21% in the last...
Magic Eden Rewards, Treeverse, and Immutable – Top NFT News Today – 24 January
24.1.2024
The market for non-fungible tokens (NFTs) is not having the best of days, with significant drops across the board making the NFT news rounds today. Over the past 24 hours, the sales volume has dropped by nearly 20%. At the time of writing, it’s standing at $29,981,386. As we’ll see below,...
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
24.1.2024
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin...
JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock
23.1.2024
Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,” driving with...
CryptoPunks Top Sales Volume Charts – Top NFT News Today – 23 January
23.1.2024
The non-fungible token (NFT) market is up 12.5% over the past 24 hours. It now stands at $39,251,556. Buyers and sellers are both up around 2%, while transactions are down 10%. Among the top 10 collections by sales volume, CryptoPunks made the NFT news rounds and took the first spot with over $3.5...