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Cryptocurrency Market News – BitcoTasks BLOG
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DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?

Cryptocurrency Market News

Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol…

DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved? Read More »

Avalanche Revenue Nosedives Over 40% In Q2 – Impact On AVAX Price

Cryptocurrency Market News

Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Messari’s recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot. Market capitalization dipped by 40% within the last quarter to stand at $11.6…

Avalanche Revenue Nosedives Over 40% In Q2 – Impact On AVAX Price Read More »

Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts

Cryptocurrency Market News

Bitcoin (BTC) appears to be bouncing off its summer slumber, say analysts who believe the asset could rebound in the coming months. Recent technical indications and charts suggest that BTC could be on the cusp of a significant price move. The cryptocurrency is geared for a bounce that could take the asset far beyond $92,000,…

Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts Read More »

The Sandbox (SAND) Sets Sights On 1,111% Growth Amid Crypto Market Pressures

Cryptocurrency Market News

The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance. Though long-term estimates show a different, more hopeful picture, recent studies hint to a likely price decline in the next weeks. What…

The Sandbox (SAND) Sets Sights On 1,111% Growth Amid Crypto Market Pressures Read More »

Toncoin (TON) Climbs 20% – Here’s What’s Pushing The Price Up

Cryptocurrency Market News

Toncoin (TON) is currently on the upside with the token experiencing a nearly 20% uptick since last week, gaining the attention of investors and traders as developments continue to rack up some hype. Although the market retraced by a percent in the 24 hours, this has led to the altcoin market recovering by a significant…

Toncoin (TON) Climbs 20% – Here’s What’s Pushing The Price Up Read More »

Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December

Cryptocurrency Market News

Bitcoin has once again surged past the critical $60,000 threshold, signaling a potential shift in market sentiment as selling pressure appears to be subsiding. This development follows a period of volatility, where Bitcoin experienced a significant dip, but data from CoinMarketCap now shows that the cryptocurrency has made a remarkable 15% rebound. Bitcoin hit a…

Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December Read More »

FET: 30% Breakthrough Draws Investor Attention As New Developments Roll Out

Cryptocurrency Market News

The Artificial Superintelligence Alliance (FET) has gained ground after the market returned to pre-September levels. CoinGecko notes that FET, the native token of the merger, has risen by 30% since last week, representing a huge jump in investor sentiment.  This was due to several on-chain developments this week, supported by an even greater bullish market…

FET: 30% Breakthrough Draws Investor Attention As New Developments Roll Out Read More »

‘Super Guppy’ Indicator Shows XRP Is Ready For A Surge To $99

Cryptocurrency Market News

XRP might be currently trading around half a dollar, but both its fundamentals and technical analyses suggest that a surge of epic proportions is brewing under the covers. One such is the “Super Guppy” indicator, which projects a notable rally to many price points leading up to $99.  This bullish signal was highlighted on social…

‘Super Guppy’ Indicator Shows XRP Is Ready For A Surge To $99 Read More »

Ripple Moves 150 Million XRP, Fueling An 11% Price Surge

Cryptocurrency Market News

With a huge 150 million XRP transfer to an unknown wallet, Ripple Labs has rocked the crypto scene. Based on on-chain tracker Whale Alert, the transaction—worth more than $85 million—has left many in the crypto community guessing about Ripple’s gameplan. Ripple has been sending XRP into this wallet before, which begs questions about what the…

Ripple Moves 150 Million XRP, Fueling An 11% Price Surge Read More »

Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000

Cryptocurrency Market News

Ethereum, the second largest crypto by market cap, is trading at $2,420 after a recent price rally. Ethereum has been up by 3.4% and 6.3% in the past 24 hours and seven days, respectively, which has raised hopes for an extended bullish run. As the price performance continues to unfold, some major developments are taking…

Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000 Read More »

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