Today, the crypto domain has witnessed a rebound for significant digital currencies after a massive crash. However, none of them made it to the top crypto gainers and losers list as all smaller altcoins grabbed the spot. Moreover, the top crypto losers listicle boasts a host of virtual currencies that earlier surged to new peaks, […]
US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity
The broader cryptocurrency market has come under selling pressure in the last 24 hours with Bitcoin losing nearly 4% and top ten altcoins falling anywhere between 4-10%. At press time, the Bitcoin price is trading 3.67% down and slipping under $64,500 as macro conditions show weak demand in the US economy. US Business Activity Cools […]
Why Is UMA Price Down 14% Despite Oval’s Launch Capturing Lending Protocols’ Value
The price of UMA, a Web3-centered crypto project went ballistic on Wednesday as the community welcomed the launch of Oval, a new protocol dedicated to helping decentralized lending protocol’s value. In the last week, UMA price increased by a staggering 71% to $7. However, pressure from investors taking profits and other negative forces in the crypto […]
Bitcoin (BTC) Could Dip To $59K Flashing A Buy Signal, Here’s Why
The Bitcoin price has slumped over 4% today amid a selloff in the broader cryptocurrency market, sparking discussions over the future trajectory of the flagship crypto. Amid the recent crash, a prominent crypto market analyst warned over a potential dip in BTC price to $59,000. However, according to several other market experts, this dip may […]
Breaking: PayPal To Launch AI Products in Push For Dominance
American Fintech giant PayPal is launching Artificial Intelligence (AI) products as it looks to revive its dominance with emerging technology. The PayPal AI Feature Announcing the PayPal AI feature is the company’s way of bringing new life as new Chief Executive Officer (CEO) Alex Chriss is making good on his commitment to resolve some of […]
Binance Coin Price Analysis: Will $BNB Price Surpass $650 By April End?
Binance Coin Price Analysis: BNB, the native cryptocurrency of the world’s leading cryptocurrency exchange, has outperformed the broader market’s sluggish behavior following Bitcoin Halving. From the April 17th low of $512, the altcoin rallied 18.4% to trade at $607 currently. This rising price on the verge of a pennant pattern breakout hints opportunity for buyers […]
OKB Surges 9% as it Ceases Bitcoin Mining Operations
OKX has announced the cessation of its Bitcoin mining pool services. This development, taking effect from February 26, 2024, marks a turn in the exchange’s operational focus. OKX attributed this move to strategic business adjustments, an announcement that has sent ripples across the crypto-mining landscape. Impact on Bitcoin Mining The decision emerges when Bitcoin mining […]
Franklin Templeton Tokenizes US Gov Funds On Polygon And Stellar
Top investment management firm Franklin Templeton has announced the availability of shares of the Franklin OnChain United States Government Money Fund (FOBXX) on the blockchain. Franklin Templeton Ties Shares To BENJI Token As it announced, peer-to-peer transfers for tokenized shares in the FOBXX fund on the public blockchain have been enabled. Notably, one share of the Fund […]
Bitcoin Revealed a Cautious Pre-Halving Tale With Dips And Recovery
Bitcoin has seen a resurgence above the $41,000 level, following a period of instability. On the back of industry outflows, BTC dipped below the $40,000 threshold on several occasions. The recovery of nearly 5% on Friday sets a cautious tone in the market, at least for the near term. This is because investors are expecting a […]
5 Reasons To Buy & Hold Pepe Coin Right Now
Pepe Coin (PEPE), one of the most renowned meme cryptocurrencies, has recently garnered noteworthy attention among crypto market traders and investors globally as its price surged phenomenally over the past few days. This price rally has in turn sparked speculations over the frog-based meme token’s price trajectory ahead, with crypto market enthusiasts expecting the token […]