Tag: Market

Bitcoin Open Interest Climbs—Is a Market Breakout Around the Corner?

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin Tests $97.5K Even as Market Momentum Stalls

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BTC broke through the $97,500 barrier earlier today amid sustained interest from institutional investors such as Strategy and Metaplanet, despite lower trading volume. Institutional Interest Remains High as Bitcoin Climbs to $97.5K Bitcoin (BTC) continues its cautious upward climb, reaching $97,414.42 at the time of reporting. This marks a 1.17% increase over the past 24 […] Original

How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints

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Este artículo también está disponible en español. A Bitcoin on-chain level has historically served as the boundary for bear markets. Here’s how far the asset’s price is currently from this line. Bitcoin Is Above Realized Price Of All Major Cohorts Right Now In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed where the Realized Price currently stands for some of the important Bitcoin investor groups. The “Realized Price” here refers to an on-chain indicator that keeps track of the cost basis of the average…

Is Bitcoin bull run over? Top altcoins to buy as crypto market cools off

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Bitcoin price suffered a flash crash from $100,000 to a low of $91,300 on February 3. Bitcoin has consolidated in the range between $95,500 and $99,000 since the crash, and altcoins struggle to gain as BTC dominance hovers close to its four-year peak.  Solana (SOL) ecosystem observed a steep correction in its market capitalization, down to $9.96 billion and erasing over 7% of its value in the last 24 hours, according to CoinGecko data. Factors like the LIBRA and MELANIA meme coin controversy and alleged links to entities that pulled…

Solana’s Market Woes Continue With A 32% Monthly Drop

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Este artículo también está disponible en español. Solana’s recent price behavior has sparked anxiety in the the digital currency market. The once-soaring blockchain has fallen significantly as a result of a widespread slump. Solana native token (SOL) has been down 32% in the last four weeks, trailing Bitcoin’s 10% decline and Ethereum’s 15% dip. As the network suffers with the fallout from a meme currency frenzy that left investors reeling, a sudden sell-off occurs. Related Reading Meme Coin Mania Turns Into Disaster Solana has been the epicenter of an explosive…

Agglayer Testnet Launch Drives 30% Spike In POL Market Cap

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Este artículo también está disponible en español. In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer.  This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.  Polygon Market Cap Rebounds To $3.8 Billion According to market intelligence firm Messari, by leveraging zero-knowledge (ZK) proofs, Agglayer promises secure communication and asset transfers, positioning itself as an innovative development akin to the introduction…

Hungary’s Economy Rises as US-Russia Talks Fuel Market Optimism

Hungary’s economy is rebounding as potential peace talks between Russia and the U.S. fuel market optimism, with leaders stressing the financial benefits of diplomatic progress. Hungary’s Economy Gains as Peace Talks Show Promise Diplomatic developments often have a significant impact on financial markets, and Hungary’s economy appears to be responding positively to news of potential […] Source CryptoX Portal