On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The top performers this week were the two meme coins MEW and WIF, which gained 129.3% and 56.7%, respectively. MEW and WIF Lead Gains This Week […] Source CryptoX Portal
Day: July 22, 2024
Polymarket Trading Explodes as 2024 Election Enters Uncharted Territory
Polymarket Trading Explodes as 2024 Election Enters Uncharted Territory Source
Bitcoin mining stocks brace for technical risk
Bitcoin mining stocks continued their recovery as Bitcoin continued rising during the weekend. Bitcoin mining stocks are rising Bitcoin has risen by over 26% from its lowest point this month as bulls anticipate an eventual move to $70,000. Core Scientific (CORZ) stock rose by 2.3% on Monday, while Riot Platforms (RIOT), Marathon Digital (MARA), Iris Energy (IREN), Cipher Mining (CIFR), and CleanSpark (CLSK) jumped by over 2%. Bitcoin mining stocks CORZ, RIOT, MARA, IREN, and CLSK The companies have risen as investors remained optimistic that Bitcoin will continue its recovery…
Dogecoin 380% Surge ‘A Matter Of Time’, Analyst Predicts
Dogecoin (DOGE) prices might be about to go through the roof. Famous crypto researcher Javon Marks thinks that the value of DOGE could go up by 378%, which could push the meme currency to an all-time high of $0.6533. If this prediction comes true, it will be a huge change for DOGE, whose road has always been like a roller coaster. Related Reading Dogecoin: The Bullish Outfit Javon Marks compares Dogecoin’s price fluctuation to a market shakeout, which entails a small decline to eliminate weaker investors before a big surge.…
CoinDesk 20 Performance Update: AVAX and SOL Surge Lead Weekend Advance
AVAX led the CoinDesk 20 with a 14.5% increase in over the weekend trading, while SOL climbed 6.0% Source
Infinity Hash: Innovating Passive Income With Bitcoin Mining
Bitcoin Mining Today: Challenges and Investment Choices Despite renewed interest in Bitcoin mining investments, substantial barriers still limit accessibility for the average person. High electricity costs, combined with capital and knowledge requirements can make it challenging to obtain a profit. Investors that don’t have the time, money, or geographical location are left with essentially two […] Original
NPC Labs Raises $18M to Scale Gaming on Base Network
Round brings total raise to $21 million and includes participation from Makers Fund, Hashed, amongst others. Source
Here’s Why The Bitcoin Price Crashed Below $66,000, Taking Shiba Inu And Dogecoin With It
On Sunday, the Bitcoin price saw a sudden crash that sent the likes of Dogecoin and Shiba Inu spiraling alongside it. This crash saw $2,000 wiped off the Bitcoin price in mere minutes, bringing it back down below $66,000. While this decline did not last at the time, there were a few factors behind it, which inflicted worry in crypto investors across the space. Why Did The Bitcoin Price Fall? The Bitcoin price crash below $66,000 had one major factor behind it and that was the US President Joe Biden.…
Bitdeer Technologies (BTDR) Could be a Potential Takeover Target: Benchmark
Bitdeer shares have more than doubled in the last two months, the report noted, as the company has been recognized as one of the bitcoin miners with “ample existing and planned power capacity” that could be used for mining crypto or for powering AI and HPC projects. Source
Ethereum Whale Watch: Will $120M+ ETH Pending Dump Affect ETH ETF Hype?
CoinspeakerEthereum Whale Watch: Will $120M+ ETH Pending Dump Affect ETH ETF Hype? Some Ethereum (ETH) whales have positioned themselves to benefit from US spot ETH ETF speculation, which is set to launch on July 23. About $122 million worth of ETH has been moved to centralized exchanges (CEXes) for sell-offs from three whales. According to the on-chain analysis platform Spot On Chain, $89 million ETH has been moved to Binance and OKX exchanges in the past 9 days. During the early London trading session on 22nd July, another whale transferred…