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Cryptocurrency Market News – Page 11 – BitcoTasks BLOG
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Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami?

Cryptocurrency Market News

Once again generating news is Ripple as the company issued 1 billion XRP coins from its escrow accounts on September 1, 2024. Costing more than $560 million, the release has caused waves in the digital currency market. First, 500 million XRP were released in three consecutive phases; next were 200 million and finally 300 million.…

Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami? Read More »

Cosmos (ATOM) On Downward Spiral With 23% Losses As Market FUD Worsens

Cryptocurrency Market News

The market has been seen to further dip as major cryptocurrencies continue to fall towards their most recent support levels. This only amplified the losses of the altcoin market to bring tokens like Cosmos (ATOM) down to the ground. According to CoinGecko, the token has lost almost 23% since last month and drags any hope…

Cosmos (ATOM) On Downward Spiral With 23% Losses As Market FUD Worsens Read More »

Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation

Cryptocurrency Market News

Ethereum has been on a wild ride lately. The cryptocurrency took a nosedive and crashed to a point where ETH changed hands around $2,550, having lost more than 20% of its value in the last 30 days. But despite this massive liquidation, Ethereum’s price forecast still looks rosy. According to Cryptorphic, Ethereum’s future could see…

Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation Read More »

Market Slip Drags Injective Down 16% Despite Ongoing Developments

Cryptocurrency Market News

With the market resuming its bearishness today, August 30th, Injective continues to slip and slide. According to CoinGecko, INJ took a nose dive by 16% which slashed any hopes of a short-term recovery. Although the token’s performance leaves much to be desired, developments on-chain continue to unfold, cementing Injective’s position within the community. Several developments…

Market Slip Drags Injective Down 16% Despite Ongoing Developments Read More »

Crypto Liquidation Data Rigged By Exchanges? Researcher Unveils The Truth

Cryptocurrency Market News

Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit, and OKX have systematically modified their data reporting processes in a way that he claims significantly…

Crypto Liquidation Data Rigged By Exchanges? Researcher Unveils The Truth Read More »

Hedera (HBAR) Q2 Update: Market Cap Climbs, Daily Transactions Boom, Revenue Follows

Cryptocurrency Market News

Hedera (HBAR) emerged as a standout performer in the second quarter (Q2) of the year, reversing the downward trend faced by many projects. The latest report from research firm Messari highlights Hedera’s progress across key financial indicators. Hedera Q2 Momentum One of the pivotal highlights of Hedera’s Q2 was the advancement in crucial financial metrics.…

Hedera (HBAR) Q2 Update: Market Cap Climbs, Daily Transactions Boom, Revenue Follows Read More »

Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?

Cryptocurrency Market News

Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On…

Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff? Read More »

XRP Gains Ground: 20% Of Institutional Investors Embrace The Crypto

Cryptocurrency Market News

Institutional investors are gradually giving more attention to XRP. The digital asset is marking its place next to Bitcoin and Ethereum. According to a recent survey by EY-Parthenon, more than 20% of the world’s institutional decision-makers have XRP in their basket. It isn’t a small sample choice; 277 key players comprised of COOs, CEOs, portfolio…

XRP Gains Ground: 20% Of Institutional Investors Embrace The Crypto Read More »

MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details

Cryptocurrency Market News

Although the market downturn has somewhat slowed, the effects are still amplified within the altcoin market. MATIC, Polygon’s native token, has suffered greatly from the recent bearish market sentiment that spread within the past couple of days.  According to CoinGecko, MATIC has fallen 18% since last week, marking a big slash on the token’s upward…

MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details Read More »

Crypto Crash: $320 Million Wiped Out As Bitcoin And Ethereum Nosedive

Cryptocurrency Market News

After touching recent highs of $64,653 for Bitcoin and $2,815 for Ethereum, in a sudden move backward, the cryptocurrency market had sharply backpedaled on Thursday, with Bitcoin shedding more than 6% and Ethereum dropping more than 7%. This sudden fall has left many analysts and investors wondering about the future course of some of the…

Crypto Crash: $320 Million Wiped Out As Bitcoin And Ethereum Nosedive Read More »

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