Bitcoin’s recent price action has sent shockwaves through the entire cryptocurrency market, leaving many participants anxious about the future of the bull market. The daily timeframe shows a clear bearish trend, with lower highs and lows being formed since dropping below the $70K mark. Last week, the market even breached the critical $60K level and
The month of July has not been kind to the Bitcoin and crypto market, contrary to earlier expectations. Several events have significantly shaken the market, such as the delayed debut of Spot Ethereum ETFs on July 2nd and reports of large BTC sell-offs by the US and German governments. These occurrences have contributed to a
The upcoming Moku NFT sale scheduled for July 9th at 1 PM UTC has generated significant buzz within the blockchain gaming community. This event marks the unveiling of Moku’s inaugural collection, featuring Moki Eggs that will unveil unique Moki NFTs. With the rarity of the egg determining the chance of acquiring rare Mokis, collectors and
Recently, the cryptocurrency market has experienced a significant rebound, with Bitcoin reaching almost $58,000 and Ethereum spiking above $3,000. This surge in prices has brought relief to many investors who witnessed losses at the end of last week. Meme coins such as Shiba Inu have also seen noteworthy gains during this period. In the realm
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
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
Opeyemi, a skilled writer, did not originally choose the digital asset industry as his primary focus. However, after diving into the realm of cryptocurrencies over two years ago, he found himself captivated by its complexities. Now, Opeyemi takes pride in unraveling the intricate details of blockchain technology and sharing his insights on the latest trends
