Search
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
The post Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving appeared first on Cryptonews
Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High
10.5.2024
Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin's retreat from its all-time high.
The post Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High appeared first on Cryptonews
This Week’s Crypto Gainers: Worldcoin Leads Surge, ZBC and SEI See Largest Declines
6.5.2024
Although last week saw some progress compared to the previous one, bitcoin has only experienced a slight 2% increase, whereas ethereum has incurred a 1.6% loss during the same period. Among alternative cryptocurrencies, worldcoin (WLD) emerged as the standout performer, surging by 32.4% against...
Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends
2.5.2024
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because...
Bitcoin’s dominance ‘likely peaked’ as altcoins ’start to wake up’ — Analyst
2.5.2024
Bitcoin’s dominance in the crypto market is “now losing major support” and potentially has even “peaked” according to crypto analysts
Defi’s TVL Declines by $10 Billion in April Despite Growth in Bitcoin and Newer Blockchains
2.5.2024
The total value locked (TVL) in decentralized applications (defi) experienced a 7% decrease, dropping $10 billion in April, with defi’s ecosystem ending the month at $138.6 billion despite a widespread outflow of funds from several blockchains, such as a significant drop in Avalance...
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines
1.5.2024
Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck...
Bitcoin Price Prediction: BTC Hits $60,500 in Descending Channel, Potential Sell-Off Looms
19.4.2024
As Bitcoin hovers around $60,547, analysts warn of more declines within a descending channel, raising concerns about future sell-offs.
The post Bitcoin Price Prediction: BTC Hits $60,500 in Descending Channel, Potential Sell-Off Looms appeared first on Cryptonews
Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines
15.4.2024
The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto...
Top Crypto Gainers Today on DEXTools – 420, WOPE, PEP
13.4.2024
On a day where cryptocurrency markets were roiled by geopolitical tensions in the Middle East and most major altcoins posted declines of north of 10% in the past 24 hours, traders flocked to the on-chain shitcoin markets to find top crypto gainers today.
The post Top Crypto Gainers Today...
Cardano Price Prediction as ADA Drops Out of Top 10 Crypto Rankings – What’s Going On?
9.4.2024
ADA has fallen by 1% today, with the Cardano price slipping to $0.6044 as the wider market also declines by 1% in the past 24 hours.
The post Cardano Price Prediction as ADA Drops Out of Top 10 Crypto Rankings – What’s Going On? appeared first on Cryptonews
Best Crypto to Buy Today April 4 – Ethena, Bitcoin SV, Bitcoin Cash
4.4.2024
With Bitcoin (BTC) eyeing a potential break back to the north of its 21DMA in the upper $67,000s as US stocks rise and the US dollar declines, investors looking for the best cryptocurrency to buy today are scouring the altcoin market for opportunities.
The post Best Crypto to Buy Today April 4...
Analysts forecast DeeStream (DST) Q2 surge while warning of potential declines for XRP & Litecoin (LTC)
1.4.2024
The cryptocurrency market had a great start to the year, mainly buoyed by the approval of multiple spot Bitcoin (BTC) ETFs in the U.S. However, the market tumbled after a major sell-off that liquidated more than $900 million from leveraged long traders in March. Despite this setback, analysts...
Aptos Soars 16%, Leading CoinDesk 20 as Broader Market Declines: CoinDesk Indices Market Update
22.3.2024
As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines
11.3.2024
Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to the U.S. dollar, even as bitcoin celebrates fresh...
Coinbase Experiences Outage as Bitcoin Declines 7% Following All Time High of $69,000
6.3.2024
U.S. cryptocurrency exchange Coinbase experienced technical issues on Tuesday for a few hours as Bitcoin surged to an all-time high of $69,000.
The post Coinbase Experiences Outage as Bitcoin Declines 7% Following All Time High of $69,000 appeared first on Cryptonews
BEAM and KAS Rise This Week Snagging Double-Digit Gains; XMR, FXS, and RON Face Sharp Declines
12.2.2024
In the past week, bitcoin has risen over 10% and ethereum has seen a growth of more than 7%. Meanwhile, several cryptocurrency assets have posted significant double-digit increases. Notably, beam (BEAM) experienced a surge of over 49%, and kaspa (KAS) enjoyed a 37% uptick in its value within...
Best Crypto to Buy Now January 24 – SUI, Bittensor, Celestia
24.1.2024
The cryptocurrency market is showing signs of renewed momentum as Sui Network’s SUI token rallies after a successful bounce from the 20-day EMA, Bittensor’s TAO climbs on AI potential, and Celestia’s TIA rebounds from recent declines. For investors seeking the best crypto to...
Best Crypto to Buy Today January 23 – Bittensor, Siacoin, LEO Token
23.1.2024
Amid the cryptocurrency market’s ongoing volatility, three standout performers—Bittensor’s TAO, Siacoin’s SC, and LEO—have become potential opportunities for investors seeking the best crypto to buy today. Bittensor’s TAO has shown impressive momentum, surging 15.72% over...
Exploring the Privacy Concerns Around CBDCs
23.1.2024
The future of money is digital and many countries are developing their own Central Bank Digital Currencies (CBDC). This in turn will have far-reaching implications on society, businesses, and banks, as the use of physical cash declines. Retail CBDCs are government-backed digital fiat money which...