Tag: Market Analysis
Digital Asset Funds Turn Positive After 4 Weeks: CoinShares Analysis
Digital asset investment products saw a positive turn last week after four consecutive weeks of net outflows, according to analysis by CoinShares. The total net inflows amounted to $441 million, with Bitcoin leading the...
Bitcoin Critic Debunks ‘Institutional Demand’ Myth Amid Price Slump
Bitcoin Critic Questions Institutional Demand Amid Price DeclineRenowned Bitcoin critic Peter Schiff has raised doubts about the purported increase in institutional interest in Bitcoin, the leading cryptocurrency. Schiff's skepticism comes in the wake of...
How Trump’s Victory Could Impact Bitcoin Trading – Financial Times
Bitcoin traders are keeping a close eye on the potential impact of a Trump victory on the cryptocurrency market. The idea of a "Trump trade" is gaining popularity, as many believe that the former...
Polkadot Transaction Growth Surges by 33% Despite DOT Hitting Seven-Month Low
Polkadot, a popular cryptocurrency, has seen a significant increase in transaction growth despite its native token, DOT, hitting a seven-month low in value. The DOT token briefly fell below $5, its lowest value since...
XRP Price Analysis: Bullish 2014-2017 Pattern Holding Strong
XRP experienced a sharp decline in price, reaching a low of $0.38249 on Bitstamp amidst a broader downtrend affecting the altcoin market. This significant drop of 12.4% in the last 24 hours has put...
Bitcoin Market Maturity Shown by Low Volatility and Steady Prices
Bitcoin's market maturity is being demonstrated by the recent low volatility and steady prices. The annualized realized volatility of Bitcoin has been fluctuating throughout 2024, showing significant market movements and reactions. Realized volatility is...
Kamala Harris (KAMA) Price Surges as Traders Speculate on Biden’s Exit – CoinJournal
The value of Kamala Harris-inspired meme coin, KAMA, has surged by an impressive 322% in the last 24 hours. This sudden increase in value is attributed to the speculation surrounding President Joe Biden's potential...
Paysafe Predicts $1.7 Billion Annual Revenue – CoinJournal
Paysafe, a leading payment provider, has recently reported impressive financial results, forecasting an annual revenue of $1.7 billion for 2024. This significant growth is attributed to the increasing popularity of Paysafecard deposits on online...
Crypto Market Trends Reflect Early June Patterns, According to Matrixport Co-Founder
The crypto market trends are showing similarities to those observed in early June, according to Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital. Yan highlighted the potential for a breakout in major...
Cardano Price Analysis: Analysts Predict Rally to $0.8, Emphasize Key Support Level
Cardano, one of the popular cryptocurrencies in the market, has been making waves recently with analysts predicting a potential rally to $0.8. The optimism surrounding Cardano's price movement has been fueled by the discovery...