NFT Prices Are Still Lagging Behind Ether's Gains
Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether. Source
Read MoreEther is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether. Source
Read MoreThe broader crypto market is struggling to maintain momentum as major players like XRP (XRP) and Ethereum (ETH) pull back from recent highs. Bitcoin (BTC) remains range-bound under $38,000 as buyers and sellers battle it for supremacy. However, one emerging altcoin, TG.Casino (TGC) is defying the downtrend and gaining ground in
Read MoreToken unlockings translate to an increase in the asset's supply, releasing coins from a vesting period including to early investors. Large unlocking events usually lead to price declines due to the supply increase outpacing investor demand for the asset, a study by crypto analytics firm The Tie found earlier this
Read MoreThe Binance exchange aims for its native Binance Coin (BNB) to regain favor as a viable crypto investment following the resolution of its legal issues with the U.S. Securities and Exchange Commission (SEC). The settlement involved Binance CEO Changpeng Zhao pleading guilty to violating U.S. anti-money laundering laws and agreeing to
Read MoreIn recent months, the crypto world has been closely tracking news about spot Bitcoin ETFs. In October, fake news about the Securities and Exchange Commission (SEC) approving a spot Bitcoin ETF sparked a rally in Bitcoin and altcoins. Based on this, analysts expect Chainlink (LINK), Meme Moguls (MGLS), and XRP to rally
Read More"Bitcoin bounces around in an ascending channel, hitting its three-week upper resistance of $37.8K on Wednesday evening. An intensifying sell-off thwarts attempts to heat the price, but the pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment," Alex Kuptsikevich, a senior market
Read MoreStepping away from the headlines, a number of observers have noted that the Binance settlement in essence may have cleared the decks for the U.S. Securities and Exchange Commission (SEC) to finally approve a spot bitcoin ETF. The neutering of Binance and exit of CZ, they said, might have eased
Read MoreData from CoinGlass show, exchanges have liquidated crypto perpetual futures positions worth $227 million in the past 24 hours. Bullish longs accounted for nearly 80% of the tally. Meanwhile, over $67 million worth of bitcoin longs and shorts, referring to bets on and against price rises, respectively, have been liquidated
Read MoreThe meme coin market has been volatile in recent days. After a sudden surge in Dogecoin (DOGE) prices and PepeCoin (PEPE) last week, both projects have experienced significant declines. This raises the question of whether buying these coins is a good time or if other meme coins offer better growth
Read More“The upside has been suppressed at the $38,000 psychological level,” analysts at the Japanese exchange bitbank led by Yukari Kusu shared in a Tuesday note. “One of the reasons why bitcoin failed to breach that level is the SEC’s decision to postpone its decision to approve or disapprove Hasdex’s bitcoin
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