Markets

Data supplied by Coinglass, a globally renowned platform for crypto data analysis, has shown that the crypto liquidity surged by 150% since President Biden announced that he’s stepping down in the presidential race. Vice President Kamala Harris was chosen as the replacement, but that didn’t change anything as the crypto market experienced a small downward momentum. Statistics Show That Bitcoin Leads the Chart According to Coinglass, Bitcoin sat atop the charts with $49.5 million in...

The meme coin market’s newest entrant is going viral. Pepe Unchained (PEPU) has just blown past the $5 million milestone in its limited-time presale phase. With its unique Layer-2 approach and “degen” appeal, this new project is quickly becoming the talk of the crypto scene. Pepe Unchained Plans Layer-2 Network Exclusively for Meme Coins Ever tried to swap a token on Ethereum only to get hit with a huge gas fee? That’s where Layer-2 networks come in. These are like express...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Bitcoin miners are in the green again following BTC’s massive recovery over the past week. On-chain data suggests miners’ BTC sales to upgrade machinery and sustain operations are ending. The Miner Sustainability metric, an indicator that evaluates the profitability of mining activities after accounting for the cost of hardware and operations, shows that this cohort of market participants is now fairly paid. This marks miners’ return to profitability for the first time in a...

TL;DR The presidential elections in the United States could severely affect the cryptocurrency market. Trump’s possible victory might boost BTC due to his pro-crypto stance, while his potential loss could have the opposite effect. Biden’s withdrawal has Trump and Harris tied at 44% support each, while Robert Kennedy trails behind. Bitcoin’s Possible Reaction The US presidential elections, scheduled for November this year, have been a highly intriguing topic recently due to...

The Coinbase premium turned positive in early July after a period of concern following a dip in mid-May According to research from Kaiko, this could hint at a resurgence of institutional interest in Bitcoin. Renewed Institutional Interest The Coinbase premium, which measures the difference between hourly bitcoin prices on Coinbase’s BTC-USD pair and Binance’s BTC-USDT pair, is a key indicator of institutional sentiment in the cryptocurrency market. On July 1, crypto analyst...

TL;DR If SEC Chairman Gary Gensler resigns, XRP’s valuation could benefit from a more crypto-friendly successor and an increased likelihood of the regulator settling its case with Ripple. Regardless of Gensler’s status, the token’s price could reach a new all-time high through strategic partnerships, increased adoption, and technological advancements, the AI chatbot said. What Are the Chances? The US Securities and Exchange Commission (SEC), which oversees and regulates the...

The entity behind a bot that extracted $7.6 million from Rho Markets last week has returned the funds to the liquidity and lending protocol deployed on the rollup chain Scroll. While first reported that a bug in an oracle contract allowed an attacker to walk away with the funds, it was a bot that conducted an MEV (maximum extractable value) attack. That occurred due to the reported issue with the oracle. The attacker also left an on-chain message on the transaction siphoning the funds,...

As investors look for high-yielding prospects in 2024, the world of altcoins has drawn a lot of attention. However, the top 4 altcoins that stand out as promising contenders for impressive returns are ETFSwap (ETFS), Tron (TRX), PEPE, and BONK.  ETFSwap (ETFS): Leader Among Altcoins For High Returns ETFSwap (ETFS) is a platform that gives users access to real-time market data and fully customisable trading strategies. The market development expertise of the ETFSwap (ETFS) team...