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This week, crypto’s global market cap dropped from $1.41 trillion to $1.38 trillion. However, several assets bucked the trend, while others succumbed to the bears. Here’s a look at Kaspa (KAS), Render (RNDR) and Cardano (ADA). Kaspa (KAS) Kaspa is one of the biggest gainers this week, sitting third on the list
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The native utility token of Render Network, RNDR, has emerged as the top gainer among the top 100 crypto assets. Render (RNDR) price is up by 40% in the past 24 hours and is trading at $3.17 at the time of writing. The asset’s market cap currently stands at $1.17 billion, making
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After forming successive Doji candlestick patterns on the weekly chart for the past three weeks, Bitcoin (BTC) is on target to end the week on a positive note. This is an early sign that the uncertainty between the bulls and the bears is resolving to the upside.Although the recovery is
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Miners like Applied Digital (APLD), Iris Energy (IREN), Hut 8 (HUT) and Hive (HIVE) have already started to revitalize their data centers to accommodate AI and other computing services as mining has become less profitable during the prolonged bear market. As investors have also been rewarding the shares of some
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Altcoin prices crumbled after the United States Securities and Exchange Commission (SEC) announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest crypto exchanges, investors seem to be nervous because the SEC labeled 23 cryptocurrencies as securities in the two
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The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500 rose 1.8% during the week while the tech-heavy Nasdaq was up 2%. This was the sixth successive week of gains for the Nasdaq, the first
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The cryptocurrency market experienced a dull month with Bitcoin (BTC) dropping 7.37%, its worst performance since November 2022 and Ethereum (ETH) losing 0.22% in May. The average loss across the market stands at 5.62% on the last day before the monthly close. However, some outliers posted impressive gains thanks to popular
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"As demand for GPU computing power is expected to soar in fields like gaming, metaverse development, architecture, animation, product design, augmented reality (AR), and more recently, AI tooling, RNDR may present an accessible alternative to expensive computing equipment typically required for creating 3D graphics," Choi added. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Over the past week, RNDR has been one of the top-performing projects with another day in the top gainer leaderboards, according to CoinMarketCap. In the last 24 hours, the render token (RNDR) increased another 12.62% with a
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Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said for crypto projects and developers and once the pump is over, it's easier for investors to separate the pump and dump projects from those
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