During the first three months of 2024, according to a recent study by QuickNode, decentralized finance (DeFi) and the burgeoning Web3 gaming segment took center stage in the crypto industry. These sectors surpassed the stablecoin sector in crucial performance indicators, suggesting that investors favored these areas and that the market leaned this way at the … Read more
XRP might experience a brief price decline based on its current market behavior, as it has recently bounced off a resistance point at $0.5. However, deciphering the intent behind recent large-scale transactions from XRP whales remains unclear. These transactions have been a combination of buy and sell orders, but the size of each transaction could … Read more
In Q1 2024, the growth of ApeCoin (APE), an ERC-20 token that manages the ApeCoin DAO, was quite impressive. The essential data indicated noticeable advancement during the past four quarters, leading to an increase in APE‘s market value, token price, and trading activity. This continuous progression underscores the company’s successive periods of expansion. ApeCoin Regains … Read more
Several investors have voiced concerns over the recent downturn in the crypto market, including Bitcoin‘s price decrease. This slide has caused altcoins to follow suit, leading to increased pessimism within certain circles of the cryptocurrency world. Investors can be reassured by analysts and traders that market ups and downs are typical occurrences in the investment … Read more
In about two days, the 2024 Bitcoin halving will take place, leading to different predictions regarding its impact on the BTC price. To better comprehend potential price movements, it’s helpful to examine historical trends when similar events occurred. Bitcoin Price Trends For Previous Halvings Three significant events called “halvings” have occurred since Bitcoin’s creation in … Read more
Data from the blockchain indicates that approximately 69% of PEPE investors are currently making a profit, following a recent drop of around 26% for the meme coin over the last seven days. 69% Of All PEPE Addresses Are Carrying Some Gains Right Now On X’s latest update from market intelligence platform IntoTheBlock, they share insights … Read more
Before the upcoming fourth Bitcoin halving and the first crypto conference in Dubai, Centrifuge (CFG) revealed the completion of their Series A funding round, amassing $15 million. The financing was spearheaded by ParaFi Capital and Greenfield, attracting notable investors globally. Some of CFG’s investors include Arrington Capital, Bloccelerate, Borderless Capital, Circle Ventures, Edessa Capital, Gnosis, … Read more
The value of Chainlink’s native token, LINK, has been decreasing for some time now. Over the last six days, the price drop has intensified in line with the general market trend. However, an analyst based on platform X has offered investors a potential ray of optimism. The value of LINK, which motivates users in the … Read more
Amidst the crypto industry’s ongoing turmoil following the recent cyberattack between Iran and Israel, Hello Pal, a widely-used social messaging app along with various business entities, reported an impressive increase in revenue for its crypto mining sector during the previous year. Based on a recent announcement, the crypto mining branch of Hello Pal has brought … Read more
Bybit, a well-known cryptocurrency exchange and trading platform, has recently published a report focusing on the anticipated effects of the upcoming Bitcoin halving on the Bitcoin supply within the crypto market. The report sheds light on how this event will increase scarcity and significantly impact Bitcoin’s price. Exchanges Set To Face Bitcoin Supply Crunch On … Read more