The cryptocurrency market is experiencing a significant decline on Monday morning, with major coins such as ETH and XRP charting notable decreases. ETH has once again dropped below the $3K mark, seeing a 4% decrease in value, while XRP has decreased by 5%. The bulls are now fighting to defend the critical $0.4 level, but
Crypto
In the world of blockchain networks, Ethereum remains a steadfast leader despite the emergence of various competitors offering lower fees and faster transaction times. Even with these advantages, users still prefer Ethereum, willing to pay higher fees to utilize its platform. According to data compiled by Lookonchain, Ethereum has dominated the competition by surpassing Bitcoin
Real-world assets (RWAs) have been gaining popularity in the cryptocurrency market, representing physical objects or properties that are tokenized on the blockchain through smart contracts. Earlier this year, the market capitalization of RWAs almost reached $9 billion, demonstrating a growing interest in this sector. However, a recent correction in the broader cryptocurrency market has caused
Bitcoin has experienced a period of stagnation in its price since reaching its peak in March. According to analysts at CryptoQuant, this stagnation can be attributed to the tight monetary policy in the U.S. The analysts reported on July 3 that the tightening of monetary policy in the U.S. since March 2022 has led to
Bitcoin recently faced a significant correction, with its price dropping below $54,000 for the first time since February. This downturn has sparked debates within the cryptocurrency community about whether it signals the end of the bull market or is simply a normal part of Bitcoin’s growth trajectory. Some analysts believe that the recent correction is
The cryptocurrency industry is a volatile and fast-paced environment, with new developments occurring regularly. With the rise of meme coins like Shiba Inu (SHIB), there has been a surge in popularity among users. However, with this popularity comes the risk of hackers and scammers targeting unsuspecting individuals who may not be adequately safeguarding their crypto
As July approaches, there is hope for users of the now-defunct Mt. Gox exchange to finally receive restitution after a decade of waiting. However, market players are feeling uneasy about the upcoming distributions, fearing potential sell-offs. Bitcoin has been on a downward trend since the start of June, struggling to gain significant upward momentum despite
The recent 15% drop in crypto markets, resulting in over $350 million exiting the space, has sent shockwaves throughout the industry. Price levels have plummeted to their lowest since late February, sparking concerns among investors and traders alike. However, this correction is not uncommon in the world of cryptocurrencies, with previous market cycles experiencing similar
Meme coins have been all the rage in the cryptocurrency world, with Shiba Inu (SHIB) and Dogecoin (DOGE) leading the pack during the latest bull cycle. However, as the market correction continues, investors are wondering which meme coins will shine the brightest if Bitcoin hits $100K. ChatGPT, an AI-powered chatbot, has analyzed the market and
PancakeSwap, a well-known multi-chain decentralized exchange (DEX), recently unveiled an exciting community reward program that is set to run from July 5 to August 5. The program involves the distribution of more than 2.45 million zkSync (ZK) tokens to members of the PancakeSwap community. This initiative serves as a gesture of gratitude towards the community
