Markets

Bitcoin had a quite positive trading week in which it gained over six grand and skyrocketed to its highest price tag in almost a month of over $67,000. Most altcoins also followed suit, with SOL, AVAX, BCH, LINK, and many others registering double-digit gains. BTC Calms at $67K Bitcoin had retraced to just over $60,000 last Friday, but the bulls managed to defend that psychological support level during the weekend. Moreover, the asset started to climb on Monday and jumped to...

TL;DR PEPE hit a new all-time high on May 15 with a market cap nearing $5 billion, making it the third-largest meme coin. It could become the leading asset in its realm if it maintains its price momentum, gains community support, and receives influential endorsements (according to ChatGPT). What Are PEPE’s Chances? The frog-themed meme coin – Pepe (PEPE) – has gained even more popularity in the past few days thanks to its rapid price increase. As CryptoPotato reported, it...

While Solana sees an uptick in institutional backing and Cardano forecasts suggest an impending price rise, BlockDAG is fast becoming a superior option for investors. BlockDAG recently dazzled in the cryptocurrency arena with a striking showcase at Piccadilly Circus for its CoinMarketCap listing and announced a significant $100 million liquidity strategy to solidify market stability and bolster investor confidence.  This innovative approach and strong market...

The recent U.S. inflation data indicating a 3.4% increase in consumer prices from last year has sparked optimism in the cryptocurrency market. Bitcoin (BTC), Ethereum (ETH), and other altcoins like ALGT are poised for a potential surge in prices.  BTC surged to $64,492, supported by bullish signals above key EMAs, while ETH rose to $2,960.94. Analysts anticipate further gains, with BTC eyeing the $69,000 resistance level and ETH aiming for $3,033. The...

The cryptocurrency landscape is marked by both burgeoning opportunities and significant challenges. As Coinbase grapples with legal disputes that underscore the volatile nature of digital currencies, Bitcoin Cash gears up for potential growth spurred by its anticipated halving event. Amid these dynamics, BlockDAG capitalizes on its innovative blockchain and Directed Acyclic Graph (DAG) technology integration, aiming for long-term dominance in the market....

TL;DR Santiment reports that Decentraland (MANA) leads in development activity among NFT-linked tokens. Although interest is returning, assets like Axie Infinity (AXS) remain well below their historical peak values, highlighting the ongoing volatility in the NFT market. Here are the Leaders Non-fungible tokens (NFTs) and cryptocurrencies related to them were a huge trend a few years ago. During the 2022-2023 bear market, their popularity declined, but recently, they started...

Dogecoin’s total market capitalization was $19.8 billion at the time of writing, with the hash work-powered meme currency trading at $0.145. Meanwhile, Ripple XRP price moved markets at $0.5 per token, and its market cap stood at $27 billion, according to data from CoinMarketCap. The Ripple lawsuit versus the US SEC could be over as soon as this summer, according to one legal expert. That would be the end of an ongoing headwind for XRP and portend a rise in its fortunes. But...

Bitcoin’s most recent run continued in the past 24 hours as the asset’s price climbed to its highest price in over a month at just over $67,400 yesterday. Ethereum has also joined the party at last, having surged past the coveted resistance line of $3,000 and jumping above $3,100. BTC Sees 5-Week Peak Bitcoin suffered a lot at the start of May as it dumped to a multi-month low of under $57,000. It began to recover some ground in the following week when it soared past $65,000...

CoinspeakerOver 80% of New Tokens on Binance Decline in First Six Months Despite the overall market slump, five tokens, including MEME and ORDI, maintained their value amidst a challenging environment Over 80% of New Tokens on Binance Decline in First Six Months

A lot can change in the cryptocurrency market within the span of a week and it indeed did in the past seven days. It was just last Friday when bitcoin was struggling to remain above $60,000 after another leg down, but the landscape is quite different now. The changes started to happen during the weekend when BTC remained above the aforementioned level and even increased slightly to around $61,000. However, the first big move came on Monday when the cryptocurrency pumped to...