Cryptocurrency Analysis and News Portal
The decentralized derivatives exchange dYdX’s native token DYDX surged over 21% in the last 24 hours, and nearly 67% over the past week following the official launch of live trading on the dYdX Chain on November 13th. DYDX is the 67th biggest cryptocurrency, with a market cap of $766 million. This
Read More
Institutional inflows into digital asset investment products based on Solana spiked last week, particularly as these investment products saw a 7th consecutive
Read More
Tether (USDT), the largest stablecoin by market value, has been breaking new records over the course of 2023, with its market capitalization adding at least $20 billion so far this year.According to data from the blockchain data provider Whale Alert, Tether has minted 22.75 billion USDT so far this year,
Read More
In the 24 hours following that move, prices of Moons (MOON), the native token of Reddit’s r/CryptoCurrency community, fell some 85% on the news, Bricks’ (BRICK), distributed as a reward for contributions in the r/Fortnite subreddit, dropped 67%, and Donut (DONUT), the token that represents the community points of the
Read More
Ethereum price is struggling to gain strength above $2,100. ETH is consolidating above $2,000 and might start a fresh surge if it
Read More
CoinShares reports a $293 million surge in crypto investments, hitting $1.14 billion. The rise is attributed to the potential listing of a spot-based Bitcoin ETF. Looking at the last two weeks, the European crypto asset manager suggests this is a real turnaround in sentiment, which may result from the recent spot-based
Read More
Bitcoin price is correcting gains from the $38,000 zone. BTC is now consolidating and might aim for more upsides above the $37,250
Read More
The total amount of liquidations on the crypto market over the past 24 hours approached $440 million. Most of the forced closed positions were in BTC and ETH. The rise in BTC price towards $38,000 cost short sellers $78 million. Market participants who opened short positions in Ethereum (ETH) also suffered
Read More
Altcoins linked to Sam Bankman-Fried see a significant surge, as the FTX token soared over 200% in a week. Despite the recent conviction of Sam Bankman-Fried on multiple counts of fraud and conspiracy, the altcoins closely associated with the FTX founder saw a major upswing during this week’s market rally. The
Read More
Algorand (ALGO), a smart contract platform employing the Proof-of-Stake (PoS) consensus mechanism, has showcased notable progress in the third quarter (Q3) of
Read More