Tag: Cryptocurrency market

news-27112024-234300

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...
news-27112024-113739

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...
news-26112024-173014

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...
news-12112024-095643

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...
news-11112024-215333

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...
news-09112024-093909

Bitcoin Mining Industry Sees 13% Production Increase in October

Bitcoin miners are not letting the increasing mining difficulty slow them down as they continue to increase their production levels. Despite the challenges posed by the rising difficulty, the top 11 Bitcoin mining companies...
news-09112024-033904

Ether Price Prediction: Will Ether Surpass $3K After Fed Rate Cut?

The Federal Reserve is expected to cut interest rates, which could benefit the price of Ether (ETH), the native token of the Ethereum blockchain. While Ether has seen a modest 23% increase in value...
news-08112024-093312

Federal Reserve Cuts Rates, Bitcoin Price Hits Record High Amid Powell’s Assurance on Policy

The U.S. Federal Reserve recently made a decision to reduce its benchmark fed funds rate by 25 basis points to 4.5%-4.75%, in line with expectations from the market. This move follows similar actions taken...
news-08112024-093236

Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts

Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
news-07112024-212828

Coinbase Premium Soars to Seven-Month High Amid Increased US Bitcoin Demand

The surge in Coinbase premium to a seven-month high indicates a growing demand for Bitcoin in the United States after Donald Trump's election win. The Coinbase Premium Index, which measures the price difference between...