Tag: Market

Today’s Cryptocurrency Market Trends – CryptoCurrencyNews

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The cryptocurrency market has seen significant volatility today, with major coins experiencing substantial price fluctuations. Bitcoin (BTC-USD) led the charge, initially surging by 5% in the early trading hours before retracting by 3% as the day progressed. This volatility has been attributed to various macroeconomic factors including inflation concerns and regulatory developments in key markets. Ethereum (ETH-USD) followed a similar trend, witnessing a 4% rise before settling at a 2% gain by the end of the day. Analysts suggest that the increased activity could be linked to upcoming updates in…

Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows

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Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened volatility in the near future. Glassnode Analysis Warns of Potential Volatility Glassnode’s report with researchers Ukuria OC and Cryptovizart reveals that demand for […] Original

Nervos (CKB) Stuns Crypto Market With 120% Rally

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin

“The main reason for launching USDS is that, while existing stablecoins serve a good function, we see an opportunity to create a more open and fair system that promotes innovation and, most importantly, rewards those who build the network,” CEO Mike Belshe said in an interview with CoinDesk before his keynote at Token2049. “A stablecoin’s true value comes from the people using it, the liquidity they provide, and the access points for interchange.” Source

Tether-Issued Stablecoin USDT’s Market Dominance Surges as Market Cap Surpasses $118B

Stablecoins, cryptocurrencies whose price is meant to be pegged to a real-world asset such as a national currency or gold, are key pieces of plumbing for the crypto market, serving as a bridge between fiat money and digital assets. They are increasingly popular for non-crypto activities in emerging regions like Latin America and Southeast Asia, with uses ranging from saving in dollars, payments and cross-border transactions, a fresh report by venture capital firm Castle Island and hedge fund Brevan Howard Digital said. Source

Don’t Believe the Hype, The First Rate Cut Isn’t a Market Disaster

But there’s an old saying on Wall Street: the pessimists sound smart, but the optimists make money. The statement refers to the arguments made by both bull and bear investors. Because, quite often, the naysayers come up with fantastic, intricated stories to pitch their case, instead of focusing on the data. As a result, they don’t pay attention to the positive catalysts and miss out on the rallies. Source

SHIB Shark Says Early Investors at $0.00015 Can Double Their Fortune, Market Responds Positively

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Este artículo también está disponible en español. The cryptocurrency market is no stranger to volatility, especially when it comes to memecoins like Shiba Inu (SHIB). Once dubbed the “Dogecoin Killer,” SHIB enjoyed its time in the spotlight, gaining millions of loyal supporters and a significant market cap. However, despite these successes, Shiba Inu (SHIB) now faces increasing pressure from new tokens, particularly those with more utility and real-world applications. A key example is GoodEgg (GEGG), a new AI-powered social dating platform that is turning heads in the crypto space. Recently,…

Another Bitcoin Miner Adopts MicroStrategy (MSTR) Playbook of Buying BTC in Open Market

“Indeed, nine of the 10 largest (by market capitalization) publicly listed bitcoin mining companies hold less bitcoin per share today than they did three years ago. And as a bitcoin miner ourselves, Cathedra has not fared better by this metric. Meanwhile, other listed companies have adopted an explicit policy of increasing bitcoin per share, most notably MicroStrategy (NASDAQ: MSTR), and have been rewarded by equity markets,” Cathedra wrote. Source