Wednesday , December 18 2024
Home / Markets (page 74)

Markets

Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins

The MiCA regulation has created an increased demand for compliant stablecoin, with Circle’s USDC emerging as a primary beneficiary of the trend. In fact, USDC is leading the demand for regulated stablecoins, according to French blockchain analytics firm Kaiko. Increased Demand For USDC After MiCA In its latest report, Kaiko revealed that non-compliant stablecoins account for 88% of the total stablecoin volume, at present. But Europe’s Markets in Crypto-Assets Regulation...

Read More »

Could WienerAI Replicate MINU’s Succes? Viral Presale Raises Over $7M

Just when it looked like meme coins were cooling off, along comes Minu (MINU). This dog-themed token has surged 26% in the past day and topped the meme coin gainers list. But MINU isn’t the only coin performing well. WienerAI (WAI), an AI-themed project still in presale, has gone viral after passing the $7.2 million funding milestone. MINU Surges on Unique “Mining Dog Coin” Model In a surprising twist, MINU’s price has exploded. The token now trades at $0.000000272, with its...

Read More »

Despite ‘Terrifying’ Crypto Crash, Mpeppe (MPEPE) Shows Resilience Amid $2 Trillion Wipeout Including Solana

The cryptocurrency market has seen its fair share of volatility, but the recent $2 trillion wipeout has left investors shaken. As major cryptocurrencies like Solana (SOL) take a hit, Mpeppe (MPEPE) stands out for its resilience. This article explores how Mpeppe (MPEPE) has managed to weather the storm and why it continues to attract investor interest despite the market downturn. Solana (SOL) in the Eye of the Storm The Extent of the Crash Solana (SOL), known for its high-speed...

Read More »

Top Meme Presale Mpeppe Raises $0.2M In Hours, Cardano Whales Put ADA On Back Seat

The cryptocurrency world is buzzing with the latest developments in the meme coin market. Mpeppe (MPEPE), a rising star in the crypto universe, has managed to raise a staggering $0.2 million in just a few hours during its presale. This swift success has caught the attention of many investors, including some Cardano (ADA) whales, who are now shifting their focus from ADA to this new meme coin phenomenon. The Meteoric Rise of Mpeppe (MPEPE) Impressive Presale Performance Mpeppe...

Read More »

Ether Traders Highly Bullish After the Asset Ventured Below $3,000

Ether dipped to below $2,900 last week, fluctuating around $3,000 the following days. This price decrease has Ether holders worried about the coming period, with many believing the bull market has come to an end. The interest in the asset is noticeably declining market-wide despite news of an imminent approval for spot Ether ETFs in the US. Traders hold the belief that the asset’s price will continue dipping despite the ETF launch expected to come soon—many feel the SEC will approve issuance...

Read More »

Bitcoin Outlook for Q4 2024: Analyst Look at Historical Price Patterns

Bitcoin is currently down 23% from its peak price, with most of those losses coming over the past week. The summer crash had been predicted on the premise that the four-year cycle was too early to peak. On July 7, market analyst Benjamin Cowen eyed the Bitcoin bull market support band (BMSB) as a key technical indicator to determine if the asset will recover later this year. BMSB a Key Indicator The analyst compared current trends to historical patterns from 2013, 2016, 2019,...

Read More »

Buy the Bitcoin Dip? Investors Seize Opportunity and Drive $441M Inflows: CoinShares

The recent price weakness triggered by Mt. Gox and the German Government’s selling pressure was likely perceived as a buying opportunity, as evidenced by the inflow of $441 million in digital asset investment products over the past week. During the same period, Exchange Traded Products (ETPs) recorded low volumes of $7.9 billion for the week, which is consistent with the usual summer dip. This also represents a 17% lower participation rate compared to the total market for...

Read More »

These Altcoins Plummet Following Delistings from Binance

TL;DR Binance will delist four cryptocurrencies on July 22, causing their prices to drop significantly. Deposits and withdrawals of these assets will cease on July 23 and October 22, respectively. No More Support for These Cryptocurrencies The world’s largest cryptocurrency exchange, Binance, regularly updates its services to enhance user experience. It often adds new trading pairs to respond to ongoing market trends or removes existing digital assets from its platform due...

Read More »

German Government Prepares To Sell Another $900 Million In Bitcoin

The government of Germany began readying for its biggest Bitcoin dump yet on Monday, sending $900 million worth of the digital currency to trading venues. On-chain data from Arkham Intelligence shows that over 16,000 BTC left the exchange’s wallet on July 8, leaving 23,787.7 BTC ($1.35 billion) remaining in its coffers. Germany’s Biggest Bitcoin Sale Arkham first flagged signs of a continued selloff at 8:32 am ET on Monday. It stated the government sent 2738.7 BTC ($155.3...

Read More »