Markets

While the crypto market witnessed significant bloodshed in April, layer-2 networks recorded substantial developer activity, signaling a strong belief in these projects despite the latest slumps in the value of their native tokens. A tweet by crypto data analytics platform Santiment revealed that the top ten layer-2 networks were selected by counting each project’s non-redundant GitHub activity and averaging their daily activity over the past 30 days. According to Santiment,...

Discerning crypto investors are constantly seeking promising opportunities with substantial long-term benefits. Among the top contenders, BlockDAG has become a compelling investment, notably outpacing Toncoin’s (TON) stability and Litecoin’s (LTC) volatility. With an impressive presale haul of $22 million, BlockDAG is not just participating in the market; it’s leading it. Poised to reach a target price of $30 by 2030, the project introduces a strategic vesting...

Coinbase, the largest U.S. crypto exchange, has released its Q1 2024 earnings report, posting a total revenue of $1.6 billion, a 72% increase quarter on quarter. The performance has been driven by the rising crypto asset prices and the launch of spot Bitcoin ETFs in the U.S. which further improved inflows into the market. Coinbase Earnings Surged in Q1 Coinbase’s net income reached $1.18 billion, $4.40 per share, translating to $1 billion in adjusted EBITDA in Q1....

Not many altcoins can make it to the market headlines as BEFE did. The coin has now become a frenzy amongst the investor community due to its innovative and eccentric ecosystem. Let’s explore BEFE more to discover the reasons behind its rising fame. Meme coins have likely taken up most of the cryptos in the market in the wake of their funny origins and impassioned online communities. From the first-ever meme coin, Dogecoin, it became a great opportunity for...

In a rapidly evolving crypto landscape, where tokens like Shiba Inu (SHIB), Bonk (BONK), and Dogwifhat (WIF) have garnered attention, a new contender emerges promising transformative potential. Furrever Token (FURR) offers investors the opportunity to turn $1,000 into $15,000, positioning itself as a beacon of innovation and profitability. With a clear focus on disrupting the status quo, FURR embodies the spirit of forward-thinking investment in the digital age....

Ethereum’s price is yet to continue its uptrend following a rejection from the $4,000 resistance level. But the bulls are now showing signs of strength, perhaps staging a more considerable recovery. Technical Analysis By TradingRage The Daily Chart As the daily chart depicts, Ethereum’s price has been making lower highs and lows inside a descending channel since failing to break above the $4,000 resistance level. Yet, the cryptocurrency is climbing back above the $3,000 level...

Another week has passed as the market continues to bleed. For most of the just concluding week, Bitcoin and Ethereum recorded major declines before recent price upticks. Hence, traders and investors are mitigating risk and turning heads towards more profitable options like Bitgert in the market. Bitgert, an innovative crypto project, has become an unstoppable force in the market, setting new peaks and raking in massive profits for investors. Moreover, experts...

The BEFE coin’s amazing journey so far in the market highlights the unpredictability, of the cryptocurrency industry. Being a simple meme coin, no one expected the BEFE coin to reach as far as it did, and that too in a very short amount of time. However, what were the real reasons for its massive growth in the meme coin market? Let us check out the factors behind its remarkable growth and why it is considered to be the next big thing when it comes to meme coins....

BlockDAG, a cryptocurrency project, has recently gained significant attention due to an accidental leak concerning an advisory board member named Charlie Lee. This incident, publicized by Forbes, has sparked widespread speculation and interest in the crypto community. As a result, BlockDAG‘s presale has seen a dramatic increase, with funds raised exceeding $22.2 million. This surge is bolstered by the project’s innovative integration of blockchain and Directed...

CryptoQuant analysts have found that Bitcoin miners have increased their selling activity in the last month amid slow demand growth for BTC. According to the latest CryptoQuant weekly report, the decrease in BTC demand is evident in low Bitcoin whale demand, fewer purchases from spot exchange-traded funds in the United States, and the Coinbase premium falling below zero. Miners Increase Selling Activity Miners have sent a large amount of BTC to spot exchanges, creating an...