Markets

Former FTX Digital Markets co-chief executive Ryan Salame has agreed to transfer his multimillion-dollar property in the Bamas as part of a plea agreement in his case. The move comes after Salame pleaded guilty to criminal charges in September 2023, and his plea agreement required him to pay $5.6 million in restitution to the debtors. The Property Transfer According to a motion filed by FTX Trading Ltd and affiliated debtors with the United States Bankruptcy Court for the...

In a week filled with significant activity in the cryptocurrency markets, Shiba Inu (SHIB) has dramatically increased its token burn rate by 90%, removing over 1.7 billion tokens from circulation in an effort to manage supply and potentially boost value. Despite these efforts, SHIB has faced a downturn, reflecting broader market trends. Meanwhile, Dogecoin (DOGE) has captured attention with a remarkable 60% surge in its value since the year’s start, riding the...

Experts now suggest that bitcoin may have reached a local bottom and will gradually recover over the coming months. BitMEX founder Arthur Hayes, for one, noted that the leading cryptocurrency might see a surge in value if, as he predicts, liquidity increases in the economy next week due to Janet Yellen’s policies. Bitcoin May Have Hit a Local Bottom In his latest blog post, Hayes said bitcoin’s latest slump has “played out” as he anticipated, attributing it to various factors...

Bitcoin’s price went on quite the wild ride throughout the past seven days. The cryptocurrency is down 4.2% during that period but this summary doesn’t do the action any justice, so let’s dive in. The market was fairly calm in the beginning of the week, trading at around $64K with little signs of significant volatility. Things started going downhill after April 30th, however. It was then BTC took a massive hit, dropping toward $60K, sending many investors in panic. The next...

Looking to turn a small investment into a six-figure profit? Well, those are not far-fetched dreams, considering the fast pace of the crypto market. This article lists the top four altcoins priced under $1 with the potential to make you millions. Ready your $100, and let’s help you make millions. Dogecoin (DOGE) Still Has Room For Growth Dogecoin (DOGE) is already the largest meme coin by market cap and has the potential to continue to grow if the market swings...

Dormant tokens in the XRP Ledger have begun to stir, setting the stage for May’s market activity. New data suggest the blockchain is seeing another “huge blast” in dormant XRP movement, alongside increasing open interest (AI). Surge in Old XRP Coin Movement According to Santiment’s Token Age Consumed metric, there has been a significant surge in the movement of old XRP coins on the ledger, similar to the spike observed just before the market downturn on April 13th, during...

Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving...

Polkadot’s price has been on the decline for a while now, since reversing to the downside in March, Yet, the market might recover soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, DOT’s price has been making lower highs and lows since being rejected from the $12 resistance level. The $9 mark has also been broken to the downside. The price is currently trading below the 200-day moving average, which is located around $7.2. Yet, it is testing the...

The crypto market continues to experience turbulence, with specific challenges facing Arbitrum and Mantle holders. Arbitrum has grappled with market instability due to frequent token releases, impacting its price negatively. On the other hand, Mantle’s trading environment remains volatile, with a bearish outlook despite some short-lived price rallies. However, a recent project, BlockDAG is leading the market trends with a remarkable presale success, amassing over...

[PRESS RELEASE – Seoul, Korea, May 3rd, 2024] NFT portfolio management platform NFTBank is proud to announce the launch of NFTBank V2. This latest version offers users an enhanced experience in tracking and managing NFT investments with unmatched precision, acting as a prime tool to further expedite the revived web3 gaming movement. Renowned for its highly accurate NFT valuation and profit/loss tracking capabilities, NFTBank has fine-tuned NFTBank V2 to detect various NFT...