Tag: Market trends
Coinbase Earnings Threatened by Low Volume and Federal Headwinds, Analysts Warn
Coinbase's second-quarter earnings were considered solid by Wall Street analysts, despite a potential slowdown in the third quarter. The exchange reported total revenue of $1.45 billion, but revenue from transaction fees decreased by 27%.Analysts...
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...
XRP Price Surges as Shark and Whale Investors Increase
XRP, a popular cryptocurrency, has seen a surge in price recently as the number of shark and whale investors on the network has increased. These investors, known for holding large amounts of XRP, play...
Ether ETFs Experience $340 Million Outflows in Debut Week
Ether exchange-traded funds (ETFs) had a rough start in their debut week, experiencing $340 million in outflows as investors pulled their money out of the Grayscale Ethereum Trust (ETHE) in favor of competing products....
Solana’s Poodlana Hits $3 Million Milestone: SOL Shorts Suffer as Price Surges
Solana's Poodlana Hits $3 Million MilestoneThe cryptocurrency market has been buzzing with excitement as Solana's Poodlana, a FashionFi meme coin, reached an impressive milestone of $3 million in presale funding just 10 days after...
BTC Dominates Crypto Market as Ether Price Falls in Reflection of Bitcoin ETF Launch
Bitcoin stood out in the cryptocurrency market during the Asia trading session, gaining 4.4% and reaching $67,000 while the CoinDesk 20 Index rose by 3.3%. Other tokens like Solana's SOL, ether (ETH), BNB Chain's...
Bitcoin Inflows Forecast: Analyst Anticipates Significant Growth Ahead
Meet Samuel Edyme, also known as HIM-buktu, a versatile web3 content writer, journalist, and aspiring trader. With a talent for writing and a keen eye for trends, Edyme has contributed articles to various industry...
Bitcoin Price Surge Expected as Supply Decreases, Analyst Predicts
Christian, a dedicated journalist, delves into the world of cryptocurrency with a passion for storytelling and deciphering complex jargon for the masses. With a background in academia and a successful career in journalism, Christian...
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,...
Is Donald Trump Protecting Bitcoin from Tech Stock Decline?
Since the market opened yesterday, the S&P500 has lost 1.8%, the tech-heavy Nasdaq-100 is down 3.0% and tech darling Nvidia (NVDA) has bled 5.3%. Normally, bitcoin follows stocks (especially tech stocks) on their...