After witnessing a fall two days ago, the crypto market has recovered today as most of the cryptocurrencies in the heatmap are in the green zone. It is a sign of the upcoming price rally and the comparative stability of the market. While the market is in recovery, a few cryptocurrencies have won over investors […]
Akash Network (AKT) Price Jumps 20% With Strong Trading Volumes, What’s Next?
In the last 24 hours, the Akash Network (AKT) token has registered an impressive price rally recording a 20% surge and breaking past the crucial resistance of $5.0. As of press time, the Akash Network (AKT) price is trading at $5.66 with a market cap of $1.336 trillion with its daily trading volume skyrocketing 350% […]
Bitcoin ETF Records $11M Outflow As Grayscale Exodus Continues
On Thursday, May 9, the U.S. Spot Bitcoin ETFs recorded significant net outflows as Grayscale’s GBTC ETF outpaces the inflows by its rivals. The net outflow for the day amounted to $11.3 million. Meanwhile, Grayscale accounted for over $40 million negative flows. Bitcoin ETF Outflows Surge According to Farside UK data, Grayscale’s GBTC resumed its […]
Is Safemoon Price Recovering in 2024?
After Safemoon V2 (SFM) captured the attention of investors last month, after experiencing a 150% growth after a month, amid market turbulence, its value plunged massively, to record approximately 48% in losses. However, as the crypto market recovers from the recent crash, Safemoon seems to be resurfacing. This article delves into what 2024 might hold […]
Dogwifhat (WIF) Price Shoots 13% Amid Whale Accumulation, More Steam Left?
Dogwifhat (WIF), the fourth largest meme coin by market cap, is on a strong upward trajectory once again gaining over 12.97% in the last 24 hours. As of press time, the Dogwifhat (WIF) price is trading at $3.25 with a market cap of $3.240 billion, and is just short of overtaking PEPE Coin as the […]
BTC Price Rallies As 18,000 Bitcoin Options Set to Expire Today, What’s Next?
The Bitcoin (BTC) price has experienced a significant uptick, marking a nearly 3% surge today following a period of sluggish trading. Meanwhile, the recent rally, after a prolonged volatile market sentiment, precedes a major event: the expiry of 18,000 Bitcoin options. Notably, the market participants are closely watching the implications of this expiry on BTC’s price trajectory and the broader cryptocurrency market. Market […]
Kraken Fires Back At SEC Over Unregistered Securities Trading Claims
The legal feud between Kraken and the U.S. Securities and Exchange Commission (SEC) has escalated as Kraken filed a reply challenging the SEC’s lawsuit, asserting that the agency’s case is flawed. This latest development intensifies the ongoing battle between the leading crypto exchange and the regulatory watchdog, shedding light on the intricacies of the dispute and […]
Just-In: Metaplanet Expands Bitcoin Holdings With $1.25M Investment
Metaplanet Inc., a distinguished Japanese company renowned for its expertise in investment and consulting services, has recently announced a bold foray into the cryptocurrency market. Drawing parallels with the strategies employed by industry titan MicroStrategy, Metaplanet’s decision marks a significant milestone in its corporate trajectory. In a disclosure that reverberated throughout the financial sphere, the […]
Shiba Inu Burn Rockets 5500%, SHIB Price Braces For Rally?
In a significant development witnessed within the meme coin sector, Shiba Inu appears to have again seized the limelight as its burn rate surged over a whopping 5500%. Today, May 10, the meme coin’s burn tracker revealed that nearly 26 million SHIB was noted to be destroyed over the past day, injecting a dose of […]
FTX And Alameda Liquidate $98 Million In Crypto, More Selloff Coming?
In the last month of April, crypto exchange FTX and its sister firm Alameda Research liquidated a substantial portion of its crypto holdings worth $98 million. As we know, the bankrupt crypto exchange FTX has been divesting its Solana (SOL) holdings, in order to repay its customers. Chances are that this sell-off from the cryptocurrency […]