Tag: Market volatility
XRP Outperforms as Bitcoin Bulls Stay on the Sidelines
Bitcoin experienced a 2.3% drop in value over the past 24 hours, falling to $57,000 after briefly reaching $59,000 on Thursday. However, XRP tokens saw a 5% increase during the same period, making them...
Federal Reserve Boosts Balance Sheet Amid Rate Cut Speculation
The Federal Reserve's balance sheet has seen an increase of $2.6 billion, bringing it to $7.2 trillion. This rise comes amidst speculation about a potential rate cut as inflation cools. Despite the Fed's efforts...
Bitcoin Price Drops to $60K in America Amid Mt. Gox Uncertainty
Bitcoin's price has taken a hit in America, dropping to $60,000 during the European morning on Wednesday. This marks a 4% decrease in the last 24 hours, with BTC being the most affected among...
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...
Gala Games Collaborates with Animoca Brands, GALA Price Drops 6.7%
Gala Games recently announced a partnership with Hong Kong-based game software and Venture Capital company, Animoca Brands, to enhance the token experience for users. This collaboration aims to develop the altcoin and improve the...
Bitcoin Trading Volumes Stagnate, Market in Wait-and-See Mode
Bitcoin trading volumes have hit a standstill, leaving the market in a state of uncertainty. The amount of Bitcoin being transferred has remained low, indicating a lack of clear direction in the market. By...
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...
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...
Spot ETFs for Proof-of-Stake Chains: Potential Impact of Launching Without Staking
The recent developments surrounding Ethereum and Solana Exchange-Traded Funds (ETFs) have raised significant concerns about their potential impact on these proof-of-stake (PoS) networks. The removal of staking provisions from ETF applications to appease regulatory...
Cardano Price Analysis: ADA Nears Critical $0.3389 Support Level
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...