Markets

Cryptoslam data indicates that the initially strong NFT market is now recording a downward momentum, having declined in critical metrics, including sales volumes, unique sellers, and buyers. The ongoing rough patch in Bitcoin markets has been blamed for the decline in NFT volume. NFT Volumes Downward Momentum According to data from Cryptoslam, the NFT market experienced a significant decline in monthly volumes during Q2 compared to the first quarter of 2024. Sales volumes in...

Bitcoin’s (BTC) market sentiment recently turned to “fear,” the lowest it has been in 18 months! This critical market positioning has raised the alarm in the broader crypto space as crypto investors speculate on Bitcoin’s (BTC) future trajectory and the subsequent impact on altcoins.  Conversely, RCO Finance (RCOF) and Kaspa (RCOF) have shown great potential, generating 582% bullish rally predictions.  Keep reading to learn about the market performance of these cryptocurrencies and how...

Entering the world of cryptocurrency can be daunting for beginners. With a myriad of tokens to choose from, knowing where to start can make all the difference. Experts suggest that two tokens, Bonk (BONK) and Mpeppe (MPEPE), offer an excellent entry point for new investors. This article explores why these tokens are ideal for beginners, with a focus on the unique attributes of Mpeppe (MPEPE). The Allure of Mpeppe (MPEPE) for New Investors Mpeppe (MPEPE) has rapidly gained attention...

The first half of 2024 has ended, and on-chain experts have compiled data to determine the profitable sectors so far in the year. According to coverage from independent crypto reporter Colin Wu, memecoins became the most profitable sector in H1 2024, followed by Real World Assets (RWA) and Artificial Intelligence (AI). Memecoins Emerges as Most Profitable Wu analyzed the price return rate of the top ten tokens by market cap in each sector using data from CoinGecko by...

Analysts at market intelligence platform CryptoQuant have outlined on-chain metrics that could signal that the bitcoin (BTC) price has bottomed and cryptocurrencies are beginning to rally again. The latest weekly CryptoQuant report mentioned signals like higher bullish momentum, rising BTC demand, and faster stablecoin liquidity growth as the metrics to watch. Higher Bullish Momentum CryptoQuant’s Bitcoin Bull-Bear Market Cycle indicator currently signals that the crypto...

It’s been a relatively calm 24 hours in the cryptocurrency market, with the majority of coins failing to gain any notable grounds. The opposite is also true – most of the altcoins trade in a state of equilibrium. While this might oftentimes turn out to be a precursor to a considerable move in either direction, let’s have a closer look at how prices developed in the last day. Bitcoin Price Solidifes at $61K The BTC price was consolidating around $60K yesterday, but the bulls...

The free reign stablecoin issuers had in the European markets is ending on June 30 as the EU’s MiCA (Markets in Crypto Assets) regulations will enforce caps on transaction volumes and value. That means asset-referenced stablecoins not pegged to the Euro, witnessing over a million transactions or facilitating the movement of value over $215 million will need to be discontinued in the bloc. Transactions considered for the caps will include those conducted for payments of goods and services...

Crypto market intelligence provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted methods to earn yield in the world of decentralized finance (DeFi). Despite the “nearly infinite number of composable strategies” the firm claims its most optimal to stick to “straightforward strategies,” that boil down to “only a handful of different primitives.” The Best Way to Earn In DeFi The first strategy highlighted by the firm is AMM Liquidity...

PancakeSwap has launched a new prediction market on Arbitrum in collaboration with Allora, an AI and ML firm. With that, PancakeSwap lets users bet on crypto prices, with price feeds delivered directly to the platform. The novelty comes from Allora’s AI integration, the AI assisting users in making the right bets by guessing which way the price of a digital asset will swing. This is not Allora’s first rodeo in the predictions market—it has been integrated Into such platforms for various...

[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Pivozon, a forex robot software that is expected to change how traders approach the EURUSD currency pair on the D1 timeframe, is introduced by Dubai-based fintech Avenix Fzco. Power of the D1 Timeframe The distinctive design of Pivozon revolves around its intentional focus on the D1 timeframe, which allows the EA to detect and capitalize on points of trend reversal. Pivozon relies on advanced technical indicators...