The surge in Cardano’s ADA trading volume has sparked significant interest within the cryptocurrency market. As reported by CoinGlass, this surge accounted for a substantial 5.14% of Cardano’s total market capitalization, positioning ADA as the eighth-largest digital asset with a market value of approximately $17.5 billion. Despite initial concerns due […]
In a recent crypto development, a noteworthy movement of 332,931,620 DOGE, valued at $26,612,151, has been tracked from an undisclosed wallet to the Binance exchange. This significant transfer was highlighted by Whale Alert, a dedicated Twitter account monitoring large crypto transactions. The current Dogecoin price stands at $0.07959, showing a […]
Bloomberg Intelligence’s senior macro strategist, Mike McGlone, recently raised concerns about Bitcoin’s current market trajectory, suggesting a looming downturn. In conversation with crypto influencer Scott Melker, McGlone warned that Bitcoin’s rally, in anticipation of a spot Bitcoin ETF approval, might signal an impending correction. McGlone’s analysis hinges on the observation […]
Bitcoin’s rally to a 21-month high at $46,924.38 has ignited a fervour among investors, fueled by the imminent possibility of a U.S. bitcoin exchange-traded fund (ETF) approval. The anticipation soared as key industry players, such as BlackRock and Grayscale, finalized critical updates to the U.S. Securities and Exchange Commission (SEC). […]
Polkadot (DOT), a prominent player in the crypto sphere, recently underwent a substantial price decline, plummeting to around $7 per token from its previous all-time high of $55. This significant drop reflects both broader market trends and specific hurdles within the Polkadot community. Factors Contributing to the Price Decline The […]