Tag: Cryptocurrency market
AAVE Outperforms in CoinDesk 20 Update
In an exciting update from CoinDesk, the latest market analysis showcases the standout performance of Aave (AAVE) and Litecoin (LTC), with AAVE emerging as a top performer, climbing by an impressive 6.9%, closely followed...
Support for Staking in US Crypto Landscape
Staking in the US Crypto Landscape: Navigating Regulatory ChallengesStaking has become a cornerstone of blockchain innovation, revolutionizing the way digital assets are secured and maintained since the dawn of Bitcoin. This proof-of-stake (PoS) mechanism...
Solana Price Analysis: Potential Breakout Opportunity for SOL Traders
Solana Price Analysis: Second Chance for Bullish BreakoutSolana's SOL is presenting traders with a potential breakout opportunity, with the price surging over 7% this week to $193. This significant increase comes after rebounding off...
Floki DAO Proposal for European ETP: Second to Dogecoin in the Market
Floki DAO Proposal for European ETP: Second to Dogecoin in the MarketIn a groundbreaking move set to shake the cryptocurrency market, a Floki exchange-traded product (ETP) is on course to debut in Europe early...
Onchain Protocol Surpasses $100M in Value Locked with Bitcoin Whales Dominating Options Trading
Derive's Onchain Protocol Surpasses $100M in Value LockedIn a groundbreaking development in the world of cryptocurrency, Derive's onchain options market has recently soared past the $100 million mark in total value locked. This significant...
Stablecoin Market Cap Reaches All-Time High in Over 2 Years
The stablecoin market cap has reached an all-time high, surpassing the previous record set over two years ago. Tether's USDT remains the dominant force in the market, controlling over 50% of the market share...
Bitcoin Bull Losing Steam Leads to Aussie-Yen Dip: Risk Aversion Ahead
Bitcoin's bullish momentum has hit a snag this week, mainly due to weaker demand in the United States. This has led to a dip in the Australian dollar-Japanese yen exchange rate, known as the...
Navigating the Memecoin Mania: Binance Founder Urges Utility Innovation
Binance founder Changpeng Zhao has raised concerns about the current hype surrounding memecoins and is calling for more focus on developing utility-driven tokens. In a recent post on social media, Zhao acknowledged the popularity...
Altcoin Traders Lose $343 Million as Bitcoin Hits $82k – Over $590M Liquidated
Over the past 24 hours, the crypto market experienced liquidations totaling over $590 million, affecting 194,284 traders, as reported by Coinglass. The largest single liquidation order, valued at $15.56 million, took place on OKX’s...
Bitcoin Price Forecast: Will Record Rally Hit Roadblock at $90K-$100K Range?
As bitcoin's price continues to surge, there is a potential roadblock looming ahead as it approaches the $90,000 to $100,000 range. Market makers or dealers, responsible for providing liquidity in the order book, have...