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Cryptocurrency Market News – Page 33 – BitcoTasks BLOG
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Matrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means

Cryptocurrency Market News

In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the market approaches several key economic releases that could significantly influence the trajectory of major cryptocurrencies like…

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36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market

Cryptocurrency Market News

The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week. This steady surge has sparked widespread interest, with some analysts predicting a prolonged bullish trend, while others advise caution. ENS: Price Explosion & Renewed Investor Interest ENS, the native token of…

36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market Read More »

Ethereum Suffers 3rd Straight Weekly Outflows, Becomes 2024’s Worst Performer

Cryptocurrency Market News

The digital asset market is experiencing a wave of investor caution, with Ethereum leading the charge. CoinShares reports show a third consecutive week of outflows, with Ether sustaining the biggest damage. This negative sentiment in the top altcoin, coupled with sluggish trading volumes and regional outflows across the market, paints a picture of a market…

Ethereum Suffers 3rd Straight Weekly Outflows, Becomes 2024’s Worst Performer Read More »

Circle Awarded Europe’s First Stablecoin License Under New MiCA Crypto Rules

Cryptocurrency Market News

Cryptocurrency firm Circle has achieved a significant milestone by securing registration as an electronic money institution (EMI) in France. This move grants Circle a crucial license to operate as a compliant stablecoin issuer under the European Union’s rigorous crypto laws.  Circle Breakthrough According to a CNBC report, the approved license positions Circle as the first…

Circle Awarded Europe’s First Stablecoin License Under New MiCA Crypto Rules Read More »

Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm

Cryptocurrency Market News

Over the weekend, a crypto trader turned 70 SOL into $3 million with a Solana-based token. However, the investor’s success story was overshadowed by the controversial launch of the memecoin that made it possible. Trader Makes $3 Million In Minutes A crypto trader made millions in 30 minutes after investing $9,923 in Solana-based memecoin BAKED.…

Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm Read More »

Ethereum Goes Budget-Friendly: Transaction Fees Drop To Lowest Since 2016

Cryptocurrency Market News

Ethereum, the world’s second-largest blockchain platform, has entered a new era marked by record-low transaction fees. This dramatic shift, the most significant since 2016, has sent ripples of excitement through the cryptocurrency community, raising hopes for increased adoption and a more accessible DeFi (Decentralized Finance) landscape. From Pricey To Penny-Pinching Previously, Ethereum’s notorious gas fees,…

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Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows

Bitcoin

Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a notorious breeding ground for volatility, has been especially significant in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC weekend trading volumes have plunged to historic lows, potentially…

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XRP Price On The Verge Of Breaking Falling Wedge That Could Lead To 4% Increase

Cryptocurrency Market News

XRP has mostly traded below $0.5 since the second week of June but a new price formation shows this breakout from the current price level. XRP On The Verge Of Breaking Out Like most cryptocurrencies, the price of XRP has declined in the past few weeks. Price data from Coinmarketcap shows it has declined by…

XRP Price On The Verge Of Breaking Falling Wedge That Could Lead To 4% Increase Read More »

Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs

Cryptocurrency Market News

June was much rougher for Bitcoin than many expected at the beginning of the month. This is because the price of Bitcoin virtually declined throughout the month, leaving many investors, especially short-term holders, disappointed. However, despite the price decline, on-chain data suggests that Bitcoin adoption is growing. New data shows the number of new Bitcoin…

Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs Read More »

Ethereum ETF Dream On Hold: SEC Thumbs Down Applications (Again)

Cryptocurrency Market News

Ethereum enthusiasts were cruising down the information superhighway towards a July 4th fireworks celebration of a different kind: the launch of the first spot Ethereum ETF. But in a move that worried investors, the US Securities and Exchange Commission threw a big wrench into the works, unexpectedly returning applicants’ proposals and delaying the much-anticipated debut.…

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