Markets

Within the sphere of cryptocurrencies, XRP whales are making significant moves, and TRON’s market position is evolving, yet the focus is intensely on BlockDAG. With a new announcement regarding a vesting period and a substantial $100M liquidity injection, BlockDAG has captivated the market’s attention, raising $20.7 million in its presale and outshining competitors like XRP and TRON. This strategic development underscores BlockDAG’s burgeoning community support...

Upbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s leading five exchanges in terms of trading volume. According to a Bloomberg report, Upbit’s customers were responsible for nearly a fifth of the total deposits from its major banking partners last year. Upbit’s Dominance Sparks Concerns Upbit’s dominance has drawn criticism and concerns, particularly as South Korea moves to...

Institutional investors in Canada substantially increased their cryptocurrency exposure last year compared to the previous bull market cycle, according to a recent survey by accounting firm KPMG. The consulting group’s bi-annual survey, “Institutional Adoption of Cryptoassets,” received 65 responses, including 31 institutional investors managing over $500 million in assets and 34 financial services organizations. Institutional Interest in Crypto Assets Surged in 2023 In its...

Ripple’s price has yet to show a sign of recovery and is continuing its overall bearish trend. If things are to change, the price should soon begin its recovery, as the market is in a critical area. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has dropped aggressively below the 200-day moving average around the $0.6 level and has yet to climb above. However, the $0.5 support zone has held the price, and the market is consolidating above it. If the...

TL;DR The meme coin sector has experienced significant growth, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading, while newer tokens like dogwifhat (WIF) and Pepe (PEPE) gain traction through strong community support. Analysts remain optimistic about the realm’s potential, particularly post-Bitcoin halving, which has historically triggered market surges. Which Meme Coin May Join the Prestigious Club? The meme coin sector has been making great strides during the latest bull...

The lending market for non-fungible tokens (NFTs) has witnessed an unprecedented surge, hitting a quarterly high of $2.13 billion in Q1, marking a significant 43.6% quarter-over-quarter growth. According to data from CoinGecko, five of the six top platforms are seeing increased volumes. Blend Dominates with 92.9% Market Share In January, the NFT lending market hit a record $0.9 billion monthly volume, exceeding the previous peak of $0.85 billion in June 2023. Blend emerged as...

The focus of DTX Exchange (DTX) investors has shifted significantly as they prepare for the potential of a monumental price rally. While the broader market sentiment remains bullish, particularly with notable projects like Solana (SOL) and Jupiter (JUP) experiencing upward trends, DTX investors appear undeterred, choosing to chart their own course. Could this beginner cryptocurrency be the next big thing in the digital asset space? Read on to discover....

Bitcoin’s price recovery attempts from the business week have come to a halt as the asset slumped to $62,400 earlier before bouncing off to around $63,000 as of now. The altcoins are in no better shape, with most of the market turning red today. The total crypto market cap is down by $150 billion in two days. BTC Dumps to $63K Bitcoin’s price actions before and after the fourth halving, which was completed last Friday, have been quite underwhelming. The asset recovered some...

Amidst the ongoing challenges faced by the Solana Network and the fluctuating predictions surrounding Polkadot’s price, BlockDAG is fast becoming a symbol of prosperity and innovation in cryptocurrency. With a keen focus on bolstering investor confidence, BlockDAG introduces a revolutionary financial strategy, boasting a strategic $100 million liquidity target and implementing a 4-month vesting period. This proactive move aims to counteract market volatility,...

In 2024, the cryptocurrency market is brimming with promising opportunities, particularly in the realm of presales, where early investors can secure significant returns. Leading the pack is BlockDAG Network, with a staggering projected ROI of 30,000x, setting a high bar in the industry. Close on its heels are innovative projects like Memeinator, Bitbot, and Meme Moguls, each offering unique investment potentials in their respective niches. These presales represent...