Second-layer blockchain Starknet experienced a sharp drop in the price of its token after the airdrop and listing. According to CoinMarketCap data, over the past 24 hours, the token’s price has fallen by more than 17%. The price drop, as…
Coinbase Stock Rallies 7% Pre-Market, Will Earnings Beat Wall Street Estimates?
Coinbase Global Inc (NASDAQ:COIN) is gearing up to unveil its fourth-quarter financial results after the market closes on Thursday, February 15. Ahead of the earnings, the Coinbase stock witnessed a 7% jump in the pre-market session on Thursday. Moreover, speculations are swirling around whether Coinbase would beat the Wall Street estimates or fall short. Will […]
Analysis: How the Crypto Markets are Gearing Up for a Worldwide Recession
Crypto markets are preparing to brace for the impact of a possible global recession. On Thursday, the United Kingdom and Japan fell into an unexpected recession hinting that a global downturn was just around the corner. Amid investors now gauging carefully before making investment decisions, the future of crypto markets resides in the doldrums. UK […]
Can Ethereum’s Current Stability Against BTC Signal a Surge to $3500-4000?
Ethereum’s recent behavior, remaining stable in the face of Bitcoin’s substantial price spike from $45,000 to $52,000, has gained attention in the crypto community. Many consider this stability the stage before Ethereum’s potential momentum switch, which is expected to eventually leave the price in the area between $3,500 and $4,000. #Ethereum is strengthening its momentum. […]
JPMorgan Upgrades Coinbase as Bitcoin Surges
Coinbase (NASDAQ: COIN) received an upgrade from JPMorgan, shifting its status from Underweight to Neutral. This adjustment in rating was accompanied by an announcement from analyst Kenneth Worthington, who has decided to maintain the stock’s price target at $80. The rationale behind this upgrade stems from the significant surge observed in Bitcoin’s price. As Bitcoin […]
How Will Bitcoin Respond to Halving, Mike Novogratz Weighs In
With the crypto market gearing up for what could be described as the most important event of the year—Bitcoin’s (BTC) much-anticipated halving in April 2024, Mike Novogratz, CEO of Galaxy Investment, has the most bullish outlook on the digital asset’s future that draws significant investor attention this time. Bitcoin has just posted the most impressive […]
LUNC Price: Terra Classic Pumps 15% In A Day As $128M In Trading Volume Rushes In
Terra Classic holders are in a jubilant mood as LUNC price joins the bullish party, exploding by 15% to $0.0001335 on Thursday. The crypto market has generally exhibited strength this week, influenced by Bitcoin price swinging above $52,000. It is believed that the growing interest in Bitcoin ETFs among institutional investors is the biggest force driving the rally. On […]
Ethereum Staking Deposits Tops $110B as Price Eyes Multi-Year High
The Ethereum staking figure is blowing through the roof as the number of ETH locked in the Beacon Chain has now soared to its All-Time High (ATH). Ethereum Staking and Price Action According to insights from crypto analytics and intelligence outfit, Dune Analytics, there are a total of 38,829,631 ETH deposited on-chain, with a market […]
Ethereum Whale Bags 69.5K ETH Amid Price Rally, What Next?
In an exciting turn of events, Ethereum, the world’s second-largest cryptocurrency by global market cap, nabbed significant attention globally following a massive whale accumulation surfacing within the broader crypto market amid ETH’s price pump. Blockchain data revealed by tracker Lookonchain showcased a whale’s phenomenal accumulation today, February 15, gathering ETH from numerous CEXs. Meanwhile, data […]
Breaking: Terra Luna Proposes Deep Stablecoin & Cosmos Liquidity, USTC Price Up 38%
Terra Luna has proposed a governance discussion proposal to establish deep stablecoin and Cosmos (ATOM) token liquidity on Terra. The proposal is in line with Terraform Labs chief executive officer (CEO) Chris Amani’s plan to have the deepest stablecoin liquidity in Cosmos, becoming the only ecosystem that has “defi-sufficient” liquidity for both Cosmos and non-Cosmos […]