Markets

In the ongoing aftermath of FTX’s catastrophic collapse, Silvergate faces renewed legal challenges. The Securities and Exchange Commission (SEC) filed a lawsuit against the now-bankrupt platform and its former executives, alleging securities fraud. As investors seek a safe haven from the wreckage, ETFSwap (ETFS) has emerged as a potential solution, offering a secure and potentially profitable alternative for those seeking to recoup losses and rebuild their portfolios. ETFSwap (ETFS):...

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Solana meme coins have recently taken the crypto space by storm. They have been making incredible gains, leading the market regarding trading volume and interest. However, where there’s a significant reward, there’s always considerable risk. 90% of the low-cap meme coins found on Solana usually go to zero, and if you’re a new trader who wants to get in on the hype, chances are, you won’t catch the coins that make it out of the trenches.  That’s why crypto experts recommend that...

TL;DR Ondo is the largest coin in the Real-World Assets (RWA) sector, with a current price around $1 and a market cap of $1.4 billion. It debuted in January and reached an all-time high of nearly $1.50 in June. The niche recently dipped from nearly $9 billion to approximately $6 billion due to the broader cryptocurrency market correction. Ondo (ONDO) Real-world Assets (RWA) have increased their popularity in the past several months. They can represent physical objects or...

TL;DR Bitcoin experienced a significant correction, dropping below $54,000. While some see this as a potential end to the bull market, others believe it’s a normal part of Bitcoin’s growth and advise holding steady. Many analysts predict a future rally based on historical patterns and the recent halving, although a few suggest the bull run might have peaked due to recent events like Bitcoin ETF approvals and meme coin trends. The End of the Bull Market or Just a Normal...

The past 24 hours saw the cryptocurrency market continue its recovery, regaining $2.213 trillion in total capitalization. This comes on the back of Bitcoin climbing above $57K and other altcoins charting somewhat notable gains. Bitcoin’s Price Reclaims $57K As CryptoPotato reported yesterday, the BTC price gained 4% in a day and climbed above $56K following a bloodbath that took it all the way down below $54K. Now, the cryptocurrency continues its recovery, successfully...

The Shiba Inu (SHIB) price has been on a rollercoaster throughout the past few days, mimicking the rest of the cryptocurrency market. In the past day, however, the popular dog-themed meme coin has gained some ground, charting a somewhat notable increase in price and other important indicators. SHIB Price Recovers 6.5% Daily The 7-day chart of SHIB, much like that of many other altcoins, looks like the Mariana Trench. Source: CoinGeckoThe meme coin, following in the footsteps...

Bitcoin’s price decline continues as the market has lost several key support zones. While many investors are worried about a deep crash, there is also the possibility for this drop to be a bear trap. Technical Analysis By TradingRage The Daily Chart The daily chart shows that the price has lost the $60K support level and dropped below the 200-day moving average, located around the $58K level. The 200-day moving average is a key indicator, as it has held the price during...

In the second quarter of 2024, Web3 user engagement hit an all-time high, with approximately 10 million daily unique active wallets (dUAW), marking a 40% increase from Q1. According to a July 4 report by blockchain analytics platform DappRadar, the unprecedented growth spanned various sectors of the decentralized application (DApp) industry, leading to an overall bullish trend. Social dApps and NFTs Growth Marks Q2 The social sector had the highest increase, clocking in a 66%...

After a decade of waiting, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. However, it appears that market players are on edge regarding the distributions and fear further sell-offs. It is important to understand that Bitcoin has already been on a decline since the beginning of June and has failed to build a meaningful upward momentum despite modest ETF inflows. On July 3rd, the price fell under $60,000 briefly followed by a slight...