Tag: Market trends
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...
Bitcoin Price Surges with BlackRock ETF Breaking Records in 2024
Bitcoin saw a significant surge on Wednesday, reaching a record high of $76,481, marking its fourth-best day of the year. This increase followed the U.S. presidential election victory of Donald Trump, who expressed support...
Bitcoin Price Surges Above $70K on Election Day: Crypto and Stocks Rally
Bitcoin has seen a significant surge in price, crossing back above $70,000 on Election Day in the United States. This represents a 2.4% increase over the past 24 hours. The broader CoinDesk 20 Index...
UNI Price Update: CoinDesk 20 Reports 8.6% Drop in UNI Performance
UNI Price Update: CoinDesk 20 has reported an 8.6% drop in UNI performance. It is important to highlight that CoinDesk, an esteemed media outlet that focuses on the cryptocurrency industry, has recently updated its...
Bitcoin Price Surges as Market Quickly Recovers to $61,000
Bitcoin's price has seen a significant surge as the market quickly recovered to $61,000 following a brief dip below $59,000. This rapid V-shaped recovery has historically been bullish for Bitcoin, with past data showing...
Ethereum Staking Thrives Amid Market Trends: Growth Outlook for 2024
Ethereum staking has been on the rise in 2024, defying market trends and showing robust growth. Despite the challenges faced by the asset's price, over 60% of Ethereum stakers are currently in profit. This...
Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling
Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
XRP’s 7.8% Decline Impacts CoinDesk 20 Performance Update
CoinDesk, an esteemed media outlet covering the cryptocurrency industry, recently experienced a 7.8% decline in XRP's performance, impacting the overall CoinDesk 20 update. This update comes amidst recent changes to their privacy policy, terms...
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...
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...