Cryptocurrency price on August 8 quick take: The global market cap dipped to $2 trillion. Bitcoin price stood at $57,102.95 on Thursday. Source : Mohamed Hassan/Pixabay Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above $57,000 mark for the first time this week on Thursday. Other popular altcoins — including the likes of […]
At present, the cryptocurrency market continues to show significant activity. The total market capitalization is approximately $1.71 trillion, reflecting the combined value of all cryptocurrencies. The daily trading volume reaches $55.54 billion, indicating a high level of liquidity and trader activity, reports citing Ioinofcryptos.com . Bitcoin: Bitcoin leads the market with a dominant share of
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Ethereum eyes a rally as on-chain data show bullish signs Ethereum (ETH) price retested its weekly support on Monday and, by Thursday, had risen by 4.50% to $2,454. Lookonchain data shows that Ethereum Spot ETFs saw inflows of 44,447 ETH, valued at $110.1 million, on Wednesday, while Santiment’s data highlights increased activity in dormant wallets
Cryptocurrencies Price Prediction: Ethereum, Ethena & Ripple — Asian Wrap 08 August Read More »
Key Points: Ether has surged nearly 20% following the August 5 crash, driven by renewed dip-buying, though it remains in a broader downtrend. ETH’s recent gains follow an oversold RSI condition, suggesting the price is correcting to its notional value, potentially leading to further upside. A rate cut could push ETH towards $3,000, while steady
Will Ethereum Price Rise Again to $3K? Read More »
Key Points: XRP tumbled 6.44% on Monday, August 5, ending the session at $0.4897. Ripple effects from the Bank of Japan’s monetary policy decision overshadowed hopes of a settlement. On Tuesday, August 6, SEC vs. Ripple case-related updates require consideration as the SEC meeting looms. In this article: Binance Coin (Wormhole) +9.05% XRP +8.22% XRP
XRP News Today: Crypto Market Shaken by the BoJ, Ripple Lawsuit Updates Read More »
The cryptocurrency market experienced its largest three-day sell-off in a year, shedding up to $510 billion since August 2, as weak jobs data and renewed recession fears gripped investors. The sharp decline in the crypto market coincided with a downturn in equities, with the S&P 500 falling by 4.4% over the same period. The sell-off
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Key Points: XRP surged by 5.63% on Friday, July 12, closing at $0.4745. News of a July 18 closed meeting at the SEC headquarters fueled speculation about a settlement. Investors should monitor SEC vs. Ripple case-related news on the first anniversary of the Programmatic Sales of XRP ruling. In this article: XRP +11.01% On July
XRP News Today: Judge Torres’ Ruling Anniversary Sparks Settlement Hopes Read More »
Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload the stake well before the August 11 deadline for reporting
Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10% Read More »
Why is the crypto market rising today? What factors are fueling renewed optimism and a surge in interest towards crypto assets, particularly among traders from traditional arenas? While acceptance of crypto assets has been slower among Indian traders, their Western counterparts, especially traditional traders in the US, embraced it much earlier. For them, exploring crypto opens doors to new opportunities beyond traditional markets, with a wide
What’s driving equity traders’ participation in crypto market today? Read More »