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News – Page 292 – BitcoTasks BLOG
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Shiba Inu Open Interest Explodes On Top Exchanges – Is This The Comeback?

Cryptocurrency Market News

In the volatile landscape of cryptocurrency markets, Shiba Inu, the popular meme coin, has once again captured the attention of investors with a notable surge in value, despite losing 4% of its value in the last day. The memecoin reached a high of $0.00002296 after experiencing a temporary dip to $0.00002092 just the day before.…

Shiba Inu Open Interest Explodes On Top Exchanges – Is This The Comeback? Read More »

Ethereum Price Holds Strong At $3K But Can Bulls Clear This Hurdle?

Eth

Ethereum price is consolidating near the $3,000 zone. ETH could start a decent recovery wave if it clears the $3,100 and $3,200 resistance levels. Ethereum is struggling to recover above the $3,100 resistance zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with…

Ethereum Price Holds Strong At $3K But Can Bulls Clear This Hurdle? Read More »

LINK Price Eyes Recovery If It’s Able to Hold One Crucial Level

Link

Chainlink’s LINK price retested the $12.00 support zone. The price is now eyeing a recovery wave above the $13.50 and $15.00 resistance levels. Chainlink price is showing bearish signs below the $15.00 resistance against the US dollar. The price is trading below the $14.20 level and the 100 simple moving average (4 hours). There is…

LINK Price Eyes Recovery If It’s Able to Hold One Crucial Level Read More »

Pre-Halving Jitters: Bitcoin Price Briefly Slips Below $60,000

Bitcoin News

The Bitcoin price has recently experienced heightened volatility, causing the largest cryptocurrency in the market to briefly drop below the significant threshold of $60,000 for the first time since March 5.  This price decrease comes just days before the highly anticipated Halving event scheduled for Friday. This event has traditionally been viewed as a positive…

Pre-Halving Jitters: Bitcoin Price Briefly Slips Below $60,000 Read More »

Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down?

Cryptocurrency Market News

Arbitrum, the largest Ethereum layer-2 scaling solution by total value locked (TVL), is taking steps towards decentralization. In an update on April 16, Offchain Labs–Arbitrum developers–said they have deployed the permissionless version of their fraud proofs, dubbed Bounded Liquidity Delay (BOLD), to testnet. Ethereum Layer-2s Are Popular, But There Is A Big Problem Ethereum layer-2…

Arbitrum Launches Fraud Proofs In Testnet: Why Is ARB Down? Read More »

DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report

Cryptocurrency Market News

In a recent report published by QuickNode, the first quarter of 2024 showed the dominance of decentralized finance (DeFi) and the notable growth of Web3 gaming in the crypto industry, which outperformed the stablecoin sector in key metrics, indicating investor preference and market sentiment during this period.  Hopes For Second ‘DeFi Summer’  Per the report,…

DeFi And Web3 Gaming Dominate Q1: Record Transactions Leave Stablecoins In The Dust, Report Read More »

ApeCoin Q1 2024 Performance: Market Cap And Token Price Skyrocket – Key Findings Inside

Ape

ApeCoin (APE), the ERC-20 token governing the ApeCoin Decentralized Autonomous Organization (DAO), showed notable growth in the first quarter (Q1) of 2024.  Key metrics showed significant progress, driving APE’s market capitalization, token price, and trading volume quarter-over-quarter (QoQ), demonstrating consecutive quarters of growth. ApeCoin Regains Unicorn Status As noted in a recent report by Messari,…

ApeCoin Q1 2024 Performance: Market Cap And Token Price Skyrocket – Key Findings Inside Read More »

Are Altcoins Cooling Off? Analyst Weighs In On This Cycle’s Market

Cryptocurrency Market News

Many investors expressed worries about the crypto market corrections during this cycle. Bitcoin’s price drop has dragged altcoins with them, and, as a result, a more pessimistic sentiment has started to brew among some sectors of the crypto community. Analysts and traders have reassured investors that the market fluctuations are a normal part of the…

Are Altcoins Cooling Off? Analyst Weighs In On This Cycle’s Market Read More »

Historical Trends Show What To Expect For Bitcoin Price Following The Halving

Bitcoin

The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed…

Historical Trends Show What To Expect For Bitcoin Price Following The Halving Read More »

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