In a riveting turn of events, following Ethereum’s most recent price correction witnessed within the broader crypto market, numerous traders appear to be offloading colossal amounts of ETH tokens. According to insights offered by the on-chain tracker Spotonchain, nearly 32.5K ETH was deposited to CEXs in the past 24 hrs, piquing significant attention. This phenomenon […]
Crypto Market Weekly Losses Bites Accumulated Gains: Here’s Why
The crypto market has faced a turbulent week across various sectors marked by declining prices and reduced decentralized finance (DeFi) activities. The cryptocurrency market capitalization has declined 6.67% in the last seven days with bigger coins taking some large hits biting into gains recorded in previous months. This week opened quite balanced for digital assets […]
Ethereum Developers Teases What Comes Next After Dencun Upgrade
With the Dencun Upgrade launch out of the way, it looks like another Ethereum update is coming to the ecosystem in the next few weeks. Developers Hint at Addition Ethereum Dencun Upgrade According to an X post from Galaxy’s researcher Christine Kim, Ethereum developers are currently considering integrating MaxEB on Electra. This comes as the […]
Bitcoin ETF Weekly Outflows Reach $900M Amid Crypto Market Crash, What’s Next?
This week witnessed significant turbulence in the Bitcoin Exchange-Traded Funds (ETFs) market, with total net outflows nearing $900 million. Moreover, this coincides with the pullback in the Bitcoin (BTC) price and the crypto market crash. The major contributor to these outflows was the Grayscale Bitcoin ETF (GBTC), which saw staggering outflows totaling $14 billion since […]
Crypto Markets Brace for Volatility Ahead of Core PCE Price Data Release
Over the last weekend, Bitcoin and the broader crypto market witnessed some buying interest. As of press time, the Bitcoin price is trading 5.38% up at a price of $67,336 with a market cap of $1.323 trillion. Similarly, the altcoin space is showing some momentum with Ethereum (ETH) up 4.72% moving closer to $3,500. US […]
Binance’s Russia Exit Deepens, CommEx Announces Closure
Binance, the world’s largest cryptocurrency exchange, in the previous year made the decision to exit the Russian market. As part of this move, Binance sold its Russian branch to CommEX, another digital asset exchange. This decision was prompted by a variety of factors, including regulatory challenges and compliance issues faced by Binance in Russia. By […]
2 Top Cryptos With 100X Potential In The 2024 Bull Run
Bitcoin price reclaimed the $70,000 mark on Monday after several days of an intense bullish campaign. The commendable 8% surge in 24 hours comes less than a week since BTC swept through lower level liquidity around $60,500 on some exchanges. Major altcoins like Ethereum (ETH), BNB, Solana (SOL), XRP, and more ignited rallies, encouraging investors […]
FTM Price Jumps 20% Amid Launch of New Scalability Solution Fantom Sonic
Fantom’s native cryptocurrency FTM registered a strong rally on Monday, March 25, with its price gaining 20% all the way to $1.22. This development comes as Fantom unveils Fantom Sonic for scalability improvement of the platform. At press time, the Fantom (FTM) price is trading 4.63% up at a price of $1.15 with a market […]
Bitcoin (BTC) Price Now Set to Reach $140K, Says Top Analyst Who Predicted Crash
Bitcoin price rebounded from $67,000 to over $70,000 within just a few hours on Monday, triggering a broader crypto market recovery. While the global crypto market rebounded and Bitcoin price moved mostly sideways on Tuesday, trading volumes saw only a marginal increase as compared to trading volumes before the crash to below $61,000. CoinGape earlier […]
Pepe Coin Price Sees 25% Leap Amid Bullish Triangle Breakout
Amid the renewed recovery trend in the crypto market, the Pepe coin price showcased a bullish reversal from the $0.000006 psychological support. This positive turnaround surged the memecoin to $0.00000818, registering a 41% weekly surge. Analyzing the daily chart, the price reversal also develops a bullish pattern called an ascending triangle, indicating the asset is […]