Meme coins have been at the forefront of the 2024 bull run, with many surging by double-triple-quadruple digits in the past few months. However, that trend changed in mid-March when the crypto market’s run was halted, and many retraced hard. Another change seems to be on the horizon, this time in a more positive manner, as the four best-performing assets from the top 100 alts today are coming from the meme coin realm. CryptoPotato reported earlier that Bitcoin had tapped...
Read More »Shiba Inu (SHIB) Explodes 18% Daily, Bitcoin (BTC) Taps $65K (Weekend Watch)
Bitcoin’s price recovery continues following the recent massacres, and the cryptocurrency has jumped to about $65,000 as of now. The altcoins are even more in the green now, with ETH and BNB surging by approximately 4%, while SHIB has stolen the show. Bitcoin Aims at $65K It’s safe to say that the week leading to the fourth Bitcoin halving was quite painful. The asset fell from over $70,000 to $65,000 last Friday before it dumped to $61,000 a day later. After regaining some...
Read More »Blur Maintains Lead in NFT Marketplace, Clocks $1.5 Billion in Q1 Volume
Riding in the coattails of a broader market resurgence, the NFT trading space witnessed in 2024 Q1, with volumes across the top 10 marketplaces soaring to $4.7 billion. According to CoinGecko’s latest report, Blur maintained its stronghold as the leading NFT marketplace during this period. During the first quarter of 2024, Blur recorded $1.5 billion in volume while at the same time, capturing a 27.6% market share, up from the previous quarter. Closely following behind is...
Read More »Korean Crypto Market Hit 2-Year High in Q1, KRW Beat the USD in This Metric: Kaiko
The Korean crypto markets have recently experienced a surge in trade volume, reaching heights not seen in over two years. According to a report from Kaiko, the first quarter of 2024 marked an important milestone as the South Korean Won (KRW) surpassed the U.S. Dollar (USD) in terms of cumulative trade volume. Competition and Shifting Dynamics This surge in trading activity comes amid fierce competition among Korean exchanges and shifting market dynamics. Upbit, a major player...
Read More »BEFE Coin’s Investment Value: Seizing the Moment for Financial Gain
One edge cryptocurrency investors who do their thorough examination appreciate is admittance to the right news and estimates that guide the cryptocurrencies they purchase. News streak! Trading Experts have found a cryptocurrency ready for critical cost rises and the best to purchase. Specialists trust BEFE as the top priority for potential investors and traders looking for monstrous benefits to purchase, and here is the reason! BEFE Set for Higher Development...
Read More »Bitgert Coin’s Price Surge: Seizing Momentum After Bitcoin Halving
With the upcoming Bitcoin halving, the crypto market is set to gain some interesting momentum as seen historically. Let’s take a look at why Bitgert may be the coin to shine this halving. What is Bitcoin Halving? The Bitcoin halving event occurs every 210,000 blocks where the block rewards are halved. This creates a scarcity for Bitcoin which has historically resulted in a surge in price. The Bitcoin halving is expected to be a few hours away and will reduce block...
Read More »Ethereum Poised to Retest $3.5K as Bullish Sign Reappear (ETH Price Analysis)
After experiencing a rapid downturn, Ethereum has found itself supported by a substantial zone, comprising the 100-day moving average and a critical price range between the 0.5 and 0.618 Fibonacci levels. Consequently, a bullish rebound is anticipated in the medium term. By Shayan The Daily Chart A thorough examination of the daily chart reveals an extended period of corrective retracements, culminating in the price finding support within a pivotal zone. This zone...
Read More »Crash to $6 or Surge to $8: Which Comes First for Polkadot? (DOT Price Analysis)
Polkadot’s recent price action has been characterized by subdued movement and minimal volatility following a swift decline toward the $6 level. However, the cryptocurrency finds itself at a crucial juncture, with a potential breakout poised to determine its next direction. Polkadot Price Analysis: Technicals By Shayan The Daily Chart A thorough analysis of the daily chart reveals a period of consolidation around the $6 mark, marked by low volatility and indecision in the...
Read More »Bitcoin (BTC) Price Remains Stable at $64K on Halving Day (Weekend Watch)
Bitcoin’s price faced extreme volatility in the days leading to the highly-anticipated fourth halving but has remained relatively still after its completion. Most altcoins are slightly in the green on a daily scale, aside from TON, which has dumped by double-digits despite the big news coming from Tether. BTC’s Calmness After Halving The adverse price developments for Bitcoin started last Friday when the asset slumped from over $71,000 to $65,000. It recovered a couple of...
Read More »Börsencrash und Bitcoin: Wie stark ist der Einfluss?
Stock Market Crash: Steht uns ein heisser Oktober bevor? In den letzten Jahren ist eine enge Korrelation zwischen dem Bitcoin-Kurs und den traditionellen Aktienmärkten zu beobachten. Börsencrashs haben in der Vergangenheit oft zu Verkäufen von Bitcoin geführt, was zu einem Kursrückgang der Kryptowährung führte. Gründe für die Korrelation: Risiko-Appetit: Investoren tendieren dazu, in unruhigen Zeiten riskante Anlagen wie Aktien und Kryptowährungen...
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