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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),...
NFT theft declines: Monthly value & volume sees a downturn
7.8.2023
The value of stolen non-fungible tokens (NFTs) experienced a contraction in July compared to the previous month, aligning with a broader trend of waning enthusiasm for NFTs across the market. Blockchain security firm PeckShield reported that approximately $1.73 million of NFTs were stolen in...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines on Saturday, as Markets React to Latest NFP Report
5.8.2023
Bitcoin started the weekend trading below the $29,000 level, as markets continued to react to the latest U.S. nonfarm payrolls (NFP) report. 187,000 jobs were added to the economy in July, less than the 200,000 markets had expected. Ethereum neared a multi-week low. Bitcoin Bitcoin (BTC) dropped...
Crypto asset investment in Latvia declines by 50% over past year, per central bank
4.8.2023
According to Latvijas Banka, 4% of the population bought crypto assets in February, down from 8% in 2022, while payments “continue to prevail.”
Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines
4.8.2023
In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million exploit, the defi economy has plummeted into a gloomy state. Hovering perilously close to dipping beneath the $40 billion threshold, the total value...
Robinhood turns profitable in Q2, but crypto revenue declines
2.8.2023
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline
US District Judge Rejects Approach in SEC v Ripple Ruling on XRP
2.8.2023
A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,” explained the district judge presiding over...
AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines
24.7.2023
In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in value. Yet, it has since experienced a downturn of $1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S. dollar. Downturn Hits AI Crypto Market Once...
Report: Crypto Investment Declines for Fifth Consecutive Quarter, Fails to Find Bottom
17.7.2023
Venture capital firms are continuing to invest less money in the crypto sector, after five consecutive quarters of declines, according to a new report from crypto financial services firm Galaxy Digital.
During the second quarter of this year, VC firms invested $2.3 billion in crypto and blockchain...
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
12.7.2023
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering
Renowned Investor Jim Rogers Warns ‘US Is Going to Suffer’ as Dollar’s Value Erodes Further
9.7.2023
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned that “the worst is yet to come” for the U.S. economy. “The U.S. is going to suffer” as the value of the dollar erodes further, he predicted, emphasizing that inflation...
Goldman Sachs: Markets Too Optimistic About Inflation Cooling
19.6.2023
Goldman Sachs’ strategists have cautioned that markets seem to be more optimistic than they are about the pace of inflation’s decline. “Although we expect further declines in inflation going forward, markets appear considerably more optimistic than we are about the pace of cooling,” they...
Bitcoin Records Over 12 Million Ordinal Inscriptions, Miners Accumulate $46 Million as BRC20 Market Cap Declines
18.6.2023
As of June 18, the latest figures reveal over 12.49 million Ordinal inscriptions have been recorded on the Bitcoin blockchain. The inscription trend has yielded substantial gains for bitcoin miners, who have accumulated 1,732 BTC equivalent to $46 million using today’s exchange rates....
XRP, ADA Lead Declines in Major Cryptocurrencies as Bitcoin Drops Below $25K
15.6.2023
Losses on major tokens extended to over 7.4% in the past 24 hours, data shows
Binance.US Market Depth Declines 76% in June Following SEC Lawsuit
12.6.2023
Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit
Is Shiba Inu Still a Viable Investment? SHIB Price Declines While SPONGE Shows Strong Rally - Is There 100x Potential in 2023?
24.5.2023
The price of Shiba Inu (SHIB) has dropped by 2% in the past 24 hours, slipping to $0.00000865 as the cryptocurrency market as a whole falls by 1.5%.
SHIB's dip today means it has lost 1% in a week and 16% in the last 30 days, with the meme token up by 6.5% since the beginning of the year....
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Retail Sales Data
16.5.2023
Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum remains above the $1,800 level. Bitcoin Bitcoin (BTC)...
Biggest Movers: LTC, SOL Climb to 1-Week Highs on Monday
15.5.2023
Solana extended recent gains on Monday, as the token rose to a one-week high, following recent declines. The token dropped below the $20.00 level last week, as a red wave hit cryptocurrency markets. Litecoin was also higher today, climbing by nearly 7%. Solana (SOL) Solana (SOL) rose to a one-week...
Biggest Movers: TRON Nears Crypto Top 10, as MATIC Extends Declines
10.5.2023
Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving marginally lower. Polygon, which currently occupies the tenth position, fell to a five-month...
Bitcoin, Ethereum Technical Analysis: BTC Extends Declines, as Markets Continue to React to Nonfarm Payrolls
8.5.2023
Bitcoin fell below $28,000 to start the week, as markets continued to react to last Friday’s United States nonfarm payrolls (NFP) report. The payrolls report came in at 250,000 versus expectations of 180,000 jobs. Ethereum was also lower, as prices fell back below $1,900. Bitcoin Bitcoin...