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crypto market – Page 6 – BitcoTasks BLOG
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MATIC: Experts Warn Of Key Support Level As Price Hits Two-Year Low Levels

Cryptocurrency Market News

MATIC, Polygon’s native token, recently suffered a significant price decline amid a broader market downturn. The token dropped over 20% in the past month, reaching its lowest price level in two years. As the market recovers, some analysts have made a bullish case for the token but warned of a key level to watch. MATIC…

MATIC: Experts Warn Of Key Support Level As Price Hits Two-Year Low Levels Read More »

Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows

Ethereum

Despite Bitcoin (BTC) and Ethereum (ETH) still struggling to reclaim their all-time highs, there appears to be a distinct fact amongst both assets now, as shown in the latest data. Particularly, according to Matrixport’s recent report, Ethereum is now displaying greater price fluctuations compared to Bitcoin in the past weeks. Ethereum’s Volatile Outpacing Bitcoin’s Volatility…

Bigger Risks More Returns: Ethereum’s Volatility Surpasses Bitcoin’s by 50%, Data Shows Read More »

Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop

Cryptocurrency Market News

Bittensor (TAO) has been one of the best-performing AI (Artificial Intelligence) tokens this cycle after surging 180% during Q1 2024. The token has significantly retraced from its march all-time high (ATH) and is currently testing key resistance levels. Some crypto analysts seem unsure about TAO’s short-term performance but remain bullish long-term. Bittensor To Lead The…

Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop Read More »

Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags

Cryptocurrency Market News

Crypto whales have taken advantage of the recent market downturns, loading up their bags as the price of several tokens slipped to lower levels. During the last few retraces, a whale bought over 400 billion PEPE, already registering unrealized profits from its purchase. Some market watchers believe the token is poised to lead the “memeseason”…

Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags Read More »

Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M—CoinShares

Ethereum

Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest ‘digital asset fund flows weekly report,’ the asset manager revealed that last week marked a significant uptick in investor confidence, as digital asset investment products saw $176 million in inflows. According to James Butterfill, head of…

Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M—CoinShares Read More »

Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide

Bitcoin News

Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of potential recovery or further losses. However, BTC’s only ability to avoid the further plunge…

Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide Read More »

Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link

Cryptocurrency Market News

This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied…

Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link Read More »

Institutional Investor Sends $445 Million USDT To Exchanges, What Are They Buying?

Usdt

Institutional investors have already shown how bullish they are on Bitcoin (BTC) and the broader cryptocurrency market, as they have continued to accumulate with USDT, especially during every dip. This bullish sentiment was again on display as this institutional investor sent $445 million USDT to exchanges to buy more crypto.  Cumberland Sends $445 Million USDT…

Institutional Investor Sends $445 Million USDT To Exchanges, What Are They Buying? Read More »

ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum

Arbitrum

Financial asset manager giant Franklin Templeton is the latest merging legacy financial mechanisms with blockchain technology. This leading global asset management firm expanded its digital asset integrations by launching its OnChain US Government Money Fund (FOBXX) on the Arbitrum network. Following this debut, Arbitrum network native token ARB has seen a significant surge in market…

ARB Surges Nearly 10% As Franklin Templeton Launches Fund on Arbitrum Read More »

Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC?

Bitcoin

Amid Bitcoin (BTC) continuous struggle for a major rally to new heights, miners powering the Bitcoin network are experiencing significant economic shifts. Particularly, recent data shows a stark reduction in Bitcoin reserves held by miners, signaling potential shifts in market stance or miner strategies. Bitcoin Miner Reserves: A Plunge To 3-Year Low Following the latest…

Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC? Read More »

Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish

Cryptocurrency Market News

Solana (SOL) is leading the crypto market recovery following the massive Monday crash. SOL registered some of the largest gains after reclaiming the $140 support zone on Tuesday morning. Its strength was highlighted by several market watchers, who shared their bullish predictions for the token. However, an analyst warned investors of a key level to…

Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish Read More »

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