Tag: High

APE Hits 2-Month High, as UNI Nears Highest Point Since April – Market Updates Bitcoin News

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Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was another big mover on Wednesday, as the token climbed by as much as 14%. Overall, the global crypto market cap is trading 2.79% higher as of writing. Apecoin (APE) Apecoin (APE) was one of today’s notable tokens to surge, as global crypto markets were back in the green. APE/USD snapped a two-day losing streak, as the cryptocurrency rose to an intraday peak of $7.41 earlier in today’s…

Bitcoin miners now hold 1.856M BTC in 2-year high — new data

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Bitcoin (BTC) miners now own more BTC than at any time since 2020 as the impact of the past months’ turbulence wears off. According to data from on-chain analytics firm CryptoQuant, miners’ BTC holdings increased dramatically in July. Miners keep stacking sats In the latest sign of miners recovering from recent price weakness, the amount of BTC in their wallets has hit a fresh multi-year high. As originally noted by CryptoQuant contributor and analyst Jan Wuestenfeld, their combined balance totaled 1,865,272 BTC as of July 29. The start of August…

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors – Bitcoin News

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Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring, Due Diligence by Nexo The Singapore High Court has granted the parent company of crypto lender Vauld, Defi Payments Ltd., a three-month protection from creditors, Bloomberg reported, noting this would allow Vauld to restructure and prepare for a potential acquisition by competitor Nexo, a major player…

DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High  – Market Updates Bitcoin News

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Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week high in the process. Polkadot (DOT) Polkadot (DOT) was one of today’s notable tokens to fall, as global crypto markets were predominantly in the red. DOT/USD dropped for a second consecutive day, leading prices to a floor of $7.70…

APE Hovers Close to 2-Month High, FIL up Nearly 70% in Last Week – Market Updates Bitcoin News

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Apecoin was trading close to a two-month high on Monday, despite crypto prices mainly being in the red to start the week. Global crypto markets are currently down around 2% as of writing. Despite this, filecoin continued its own surge, with prices of the token up nearly 70% in the last seven days. Filecoin (FIL) Filecoin (FIL) was once again a notable mover in crypto, as prices of the token rose for a seventh consecutive session. Monday saw the token hit an intraday high of $11.24, which is its highest…

How High Can Ethereum Go Before The Merge

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The Ethereum “Merge” has become a hot topic among top crypto analysts after the incident that led to the collapse of the Ethereum network in the sale of Otherside by Yuga labs, with nearly $200M lost as gas fees. Related Reading: Proof of Work Vs Proof of Stake – Laneaxis The Ethereum merge, also known as Ethereum 2.0, is the upgrade of the existing execution of the Ethereum layer 1 from proof-of-work (PoW) to proof-of-state (PoS), Beacon chain. POW was first used by the early pioneers of the blockchain Bitcoin…

Biggest Movers: FIL up 25%, as DOT Surges to 6-Week High on Saturday – Market Updates Bitcoin News

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Filecoin was one of Saturday’s biggest gainers, as prices rose by as much 24% to start the weekend. The move saw the token reach its highest point since early June, and comes despite cryptos being mostly in the red in today’s session. DOT was also higher, as it too hit a multi-week high. Filecoin (FIL) Filecoin (FIL) was one of the big movers in crypto markets on Saturday, as prices of the token surged by over 24%. On Saturday, FIL/USD rose to an intraday high of $7.49, which comes less…