Markets

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...

The cryptocurrency industry is often described as a risk-on asset class that tends to underperform in times of economic uncertainty. Although the stock market also falls in this category, at least to an extent, it has been on a wild run in the past few weeks, with multiple new all-time highs from the most prominent indexes. At the same time, crypto has suffered and the largest digital asset have plummeted since March. US Stock Market on a Roll Perhaps driven by the hype...

A popular New York-based crypto exchange, Uphold, announced the delisting of six stablecoins in response to the upcoming MiCA regulation in the European Union, including Tether (USDT) – the largest of the cohort. This decision aligns with the Markets in Crypto Assets (MiCA) regulation, which fully takes effect on June 30th, 2024. Passed into law in May 2023 and partially enacted a month later, MiCA requires all digital assets to comply with its extensive regulations. However,...

The crypto market is in the red amid significant bloodshed from bitcoin (BTC) and altcoins. There is currently no bullish momentum, and BTC is hovering around key levels, falling below traders’ on-chain realized price of $65,800. Regardless, CryptoQuant analysts insist in a recent report that the market is in a bull season. Lack of Bullish Momentum The lack of bullish momentum in the crypto market is evident in weak bitcoin whale demand growth and low stablecoin liquidity....

While everyone seems to be focused on the developments surrounding the case between Ripple Labs and the United States Securities and Exchange Commission, the XRP Ledger has managed to achieve a considerable milestone. XRPL Hits an Important Milestone The XRP Ledger (XRPL) is a public blockchain designed to allow for quick, low-cost, real-time transfer of fiat currencies, XRP, and a range of other digital assets. The network recently achieved a considerable milestone: over 10...