Markets

During previous bull markets, the Ethereum Foundation has demonstrated a keen ability to time the market with its ETH holdings. However, the foundation appears to have departed from this established pattern. Ethereum Foundation’s Unexpected Selling Restraint The Ethereum Foundation was found to have executed large sales of ETH near peak valuations in the past. This strategy has allowed the organization to capitalize on high prices and potentially secure funding for ongoing...

The recent impressive momentum of Ethereum (ETH) has reawakened the long-standing debate of Ethereum flipping Bitcoin (BTC). Is this ever going to happen? Well, several experts believe it’s a long shot, but ETH is poised to outperform Bitcoin (BTC) in the short term, as on-chain metrics show. In other news, a new Ethereum-based platform for trading tokenized ETFs, ETFSwap (ETFS), has taken the market by storm. Its ongoing presale has drawn massive interest from retail and institutional...

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In a constant downward trajectory over the past week, BTC dropped by another 3% on Monday, taking its value below $62,000 and wiping out any gains it recorded last week. The crypto market lost about 7% in value. ETH, ADA, and BNB recorded about the same losses as BTC at over 4%. SOL dropped by 7%, and memecoins collectively fell by 5%. Analysts point to continuous miner selling activity as they continue liquidating their rewards after the Bitcoin halving. Whales and miners have sold over...

Famous investor and author Robert Kiyosaki said on Monday that he was eagerly waiting to buy more Bitcoin after the asset’s price fell to $61,000 to start the day. But The Bitcoin Dip, Says Robert Kiyosaki The man behind the best-selling finance book Rich Dad Poor Dad asserted that selling in times of market turmoil is a sign of an “employee” mentality – one that he does not share. “Bitcoin is crashing. Most people should sell. I am waiting to buy more,” Kiyosaki wrote to...

Digital asset investment products experienced a second consecutive week of outflows shedding $1.2 billion which amounted to $584 million. According to CoinShares, this could potentially be a result of the pessimism amongst investors regarding potential Fed interest rate cuts this year. Altcoins See Inflows Amid Market Weakness Bitcoin bore the brunt and remained the primary focus with $630 million in outflows, although short positions did not increase significantly, as per...

The Monday massacre continues as the primary cryptocurrency slipped below $60,000 for the first time in nearly two months. The altcoins are in a dire state as well, with several double-digit price losers, as well as many others with 5-10% drops. CryptoPotato reported earlier today the adverse start of the trading week for bitcoin and the rest of the crypto market. Back then, the largest digital asset had lost over two grand within hours and slumped to a 6-week low of...

This article examines the contrasting fortunes of Pepecoin (PEPE) and Alex The Doge (ALEX), two meme coins, in the volatile cryptocurrency market. Pepecoin (PEPE) is currently experiencing a bearish momentum, dropping 16.1%, while Alex The Doge (ALEX), known as the Millionaire Matchmaker coin, has surged by 200%.  Pepecoin (PEPE)’s Downward Spiral: Can It Bounce Back? Pepecoin (PEPE), a popular meme coin in the cryptocurrency community, has experienced a 16.1% drop in value due to...

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The cryptocurrency market is ever-evolving, with different tokens showing unique trends and developments. This article explores the recent movements of Toncoin, Cardano, Ripple, and Furrever Token, highlighting their potential and growth in the crypto space. Toncoin’s Potential Rise Toncoin has been garnering attention due to its recent price movements and market potential. Analysts are optimistic about its performance this week, predicting a possible upward trend. This optimism is...