Crypto Market Update: October 1 The cryptocurrency market experienced mixed price action on Tuesday, with investors closely watching key assets. Bitcoin (BTC) retreated to the $63,000 level after recently touching $66,000. Other major cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP also faced volatility. However, Bittensor (TAO) and SUI bucked the trend, posting gains of…
Bitcoin Price Dips But Holds Above $64,000 Ahead of Powell Speech The cryptocurrency market experienced a sharp correction in the past hour, with Bitcoin shedding nearly $1,000. However, the leading digital asset has managed to maintain support above the $64,000 level, suggesting this pullback may be short-lived. The sudden drop came just before Federal Reserve…
In a surprising turn of events, the Shiba Inu (SHIB) burn rate has skyrocketed by 320%, injecting a wave of optimism into the cryptocurrency market. This dramatic increase has sparked speculation about its potential impact on SHIB’s price, with many enthusiasts anticipating a possible rally in the near future. The growing interest in meme coins…
SHIB, the popular meme cryptocurrency, experienced a sharp 8% decline during Monday’s U.S. trading session. This downturn coincided with Bitcoin dropping below $65,000, recording a 3% intraday loss. The meme coin sector’s sensitivity to market shifts suggests SHIB may retest support levels. Could the “Uptober” sentiment spark a major reversal for Shiba Inu? Will Shiba…
As Ethereum’s price rebounds from the 61.8% Fibonacci retracement level in September, its trajectory bears a striking resemblance to the 2023 market rally. This pattern has some analysts eyeing a potential surge to the $10,000 psychological level in the coming bull cycle. Julien Bittel, CFA, recently shared an optimistic outlook for ETH based on parallels…
Cardano (ADA) Price Faces Volatility as Charles Hoskinson Prepares to Unveil New Roadmap Cardano’s price is experiencing turbulence ahead of founder Charles Hoskinson’s highly anticipated roadmap reveal at the upcoming Buenos Aires Cardano Summit. Despite a strong performance last week, ADA shed value over the weekend, failing to sustain a potential breakout and once again…
Ethereum’s price currently sits at $2,600 after declining nearly 5% from its September 27 peak. This downward movement aligns with Bitcoin’s 5% drop over the past day. Though Ethereum ended last week on a high note with a 10% rally, its short-term outlook remains uncertain. However, the mid to long-term perspective stays intact as crypto…
The cryptocurrency market witnessed mixed movements today, stirring investor interest worldwide. Bitcoin (BTC) retreated to the $64,000 level, while Ethereum (ETH) and Solana (SOL) experienced notable volatility. In contrast, XRP saw significant gains, and FTX Token (FTT) emerged as the day’s top performer. The global crypto market cap decreased by 1.86% to $2.26 trillion, although…
Bitcoin and the broader cryptocurrency market have faced selling pressure on Monday, with BTC down nearly 2% to $64,536. The decline comes amid a sharp 5% drop in Japan’s Nikkei 225 index and concerns over potential interest rate hikes following Shigeru Ishiba’s victory last week. Top altcoins like Ethereum and BNB have also slumped, while…
Ripple Mints 350,000 RLUSD Stablecoins in 24 Hours Ripple has ramped up its stablecoin operations, minting an additional 350,000 RLUSD stablecoins within a 24-hour period. This activity was conducted through two separate transactions – one for 300,000 RLUSD and another for 50,000 RLUSD. The minting process was tracked by the community-driven Ripple stablecoin tracker, which…