Tag: Market trends
RNDR Leads CoinDesk 20 Performance Update with 12% Gain
RNDR, a cryptocurrency, has taken the lead in the CoinDesk 20 Performance Update with an impressive gain of 12%. This news comes as a positive development for investors and enthusiasts in the cryptocurrency industry. CoinDesk,...
Institutional Adoption of Bitcoin and Crypto Stocks: A Ripe Opportunity
Bitcoin and other cryptocurrencies are becoming more appealing to institutional investors, according to a recent report by brokerage firm Bernstein. The report suggests that there is still significant potential for institutional adoption of Bitcoin...
Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure
US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
Bitcoin Price Drops Below $59K with $230M Crypto Liquidations
Bitcoin's price recently fell below $59,000 due to concerns about potential sell pressure from Mt. Gox repayments and potential miner sales. This drop also affected other major cryptocurrencies such as ether and Solana's SOL....
Limited Impact Expected from Mt. Gox Bitcoin Distribution During Market Slide
Following the recent announcement regarding the distribution of over 140,000 Bitcoin (BTC) from the defunct Mt. Gox exchange, the cryptocurrency market experienced a significant decline. Bitcoin fell below key support levels, causing concern among...
Bitcoin Critic Debunks ‘Institutional Demand’ Myth Amid Price Slump
Bitcoin Critic Questions Institutional Demand Amid Price Decline Renowned 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...
Tequila (JULIO): The Next Solana Meme Coin Traders Are Watching
Solana meme coins have been gaining popularity and market share this year, with Tequila (JULIO) emerging as one of the most anticipated ones. Developers are turning to Solana due to its faster transaction speeds,...
MicroStrategy Increases Convertible Note Offering to $700M Max Characters: 63
MicroStrategy, a leading business intelligence firm, has decided to increase its convertible note offering from the initially planned $500 million to a whopping $700 million. This move comes as the company aims to raise...
Key Levels to Watch for Dogecoin Price Decline and Recovery
Dogecoin's recent recovery has hit a roadblock as bearish pressure has resurfaced, potentially leading to further declines. The price of DOGE is currently hovering around $0.1043, with a market capitalization exceeding $15 billion and...
Bitcoin Decouples from US Stocks Amid Supply Challenges
Bitcoin has been facing a significant price drop, plummeting over 20% from its June highs above $70,000. This decline comes as Bitcoin decouples from surging US equities, with the 90-day correlation coefficient between Bitcoin...














