Tag: Market Analysis

news-03082024-111113

AVAX Price Analysis: $21.73 Support Level in Focus – What’s Next?

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to...
news-02082024-220632

Polymarket Surpasses DeFi Giants in Traffic Amid Trump-Harris Election Betting Craze

Polymarket, a prediction market platform, has experienced a surge in website traffic, surpassing other DeFi giants like Uniswap, dYdX, Compound, and GMX. This increase in traffic is mainly due to the growing interest in...
news-01082024-220301

Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline

Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
news-01082024-121612

Crypto Market Update: Bitcoin Price Drops to $62k Alongside Stock Market Decline

Bitcoin's price took a hit on August 1, dropping to nearly $62,000, its lowest level since mid-July. This decline was part of a broader trend in the cryptocurrency market, with the global market cap...
news-31072024-191711

Polymarket Hits $1B in Bet Trading Volume During US Election Betting Surge

Polymarket, a popular crypto betting platform, has reached a major milestone by surpassing $1 billion in trading volume. This achievement has been fueled by the high interest in the upcoming US presidential election, with...
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Ether Price Surges Above $3.5K Before ETH ETF Trading, Inflow Worries Persist

Ether (ETH) saw a significant price increase, surpassing $3,500 as anticipation builds for the launch of U.S.-based spot exchange-traded funds (ETFs). However, concerns linger regarding the potential impact of Grayscale's $9 billion ETH Trust...
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Liquidity Drives Global Market Movement in the US

The global market movement in the US is currently being driven by liquidity, according to recent reports. Liquidity refers to the ease with which assets can be bought or sold without causing a significant...
news-20072024-033906

Optimizing Portfolio Allocation Amid Whales’ Rolling Window: Assassins and Rate Cuts

Investors are closely watching the US election and the potential impact it may have on interest rate cuts and liquidity. The recent assassination attempt on Trump has solidified expectations for more rate cuts, which...
news-16072024-023248

Potential $5.4B Inflows Expected for Ether Spot ETFs in First 6 Months

Ether spot ETFs are expected to receive a significant amount of net inflows, according to a recent report. The inflows are projected to be around 30%-35% of what bitcoin ETFs receive. This estimation translates...
news-12072024-125730

Genesis Trading Transfers 12.6k BTC to Coinbase for Asset Liquidations

Genesis Trading recently made a significant move by transferring 12,600 Bitcoin (BTC) to Coinbase, totaling about $719.9 million. This transfer comes after a legal settlement with the State of New York, requiring Genesis to...