Tag: Crypto market trends

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Grayscale Expands Crypto Product Suite with Sui and Bittensor Trusts

Grayscale, a well-known investment firm, has recently expanded its crypto product suite by introducing two new trusts focused on the Sui blockchain and the decentralized AI network Bittensor. These new trusts aim to provide...
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Bitcoin Warning: First Mover Americas Sees Price Drop to $55K

Bitcoin experienced a slight drop in price to $64,500 during the European morning, after falling to $62,500 on Thursday. This price is close to the 50-day moving average, which is an important support line...
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Bitcoin Network Difficulty Reaches Record High Amid Price Volatility

Bitcoin’s network difficulty has reached a new high, hitting 90.67 trillion on August 2, 2024, as reported by CoinWarz. This achievement comes after a period of declining difficulty, indicating a resurgence in miner confidence...
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Preparing for the Next Crypto Bull Run: Poodlana Raises $3.5M

Crypto investors are gearing up for a potential bull run in the crypto market, with Bitcoin showing signs of strength and other tokens following suit. Solana meme coins like Book of Meme (BOME), Dogwifhat...
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Bitcoin Investment Products Experience Over $600M Outflows Last Week: CoinShares

Bitcoin investment products experienced significant outflows last week, totaling $621 million, according to asset manager CoinShares. This outflow was a result of mixed economic signals from the U.S., which impacted the broader digital asset...
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MATIC Price Tests 8-Month Support As Polygon Unveils New Governance HubPolygon Token Price Drops...

Ronaldo, a seasoned crypto enthusiast, has immersed himself in the world of cryptocurrencies with unwavering dedication and curiosity. Over the past five years, he has conducted extensive research and developed a deep passion for...
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Mass Adoption Would Ruin Crypto. Keep It a Niche Benefits of Keeping Cryptocurrency a Niche...

Cryptocurrency has been a rollercoaster of boom-and-bust cycles, with the collapse of FTX being a significant blow to the industry. The fear of repeating past mistakes and facing another downfall lingers, but the normalization...
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Meme Coins Outperform Bitcoin in 2024 Top Meme Coins Outshine Bitcoin in 2024

Many meme coins are outperforming major cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. While Bitcoin and Ethereum have seen an increase of over 50% this year, Ripple has declined by more than 20%....