Cryptocurrency Market News – Page 4

BNB Weekly Active Addresses Surge Over 6% – Is A Rally On The Way?

September 11, 2024

Since March, the price of BNB, previously also known as Binance Coin, has barely fallen below $500, despite the broader crypto market downturn. Following heavy losses from major cryptocurrencies, BNB has shown some impressive resistance to the price drop, supported by strong demand. Despite this strength, the latest BNB price forecast by CoinCodex still estimates…

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Major Bitcoin Addresses See 5% Holding Boost – What’s Driving The Accumulation?

September 10, 2024

Cryptocurrency Market News

Recent data illustrates the interesting trend in Bitcoin ownership, where addresses that hold between 100 and 1,000 BTC control approximately 20.3% of the circulating supply. This would amount to a total of about 4.01 million BTC, which is a considerable surge of 5% compared to the 3.82 million BTC it had just six months ago.…

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Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash

September 10, 2024

Cryptocurrency Market News

Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Friend.tech Loses Investors’ Trust Over the weekend,…

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Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum

September 10, 2024

Cryptocurrency Market News

Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively…

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Bitcoin To Break $100K By 2025? Experts Weigh In On Potential New ATH

September 9, 2024

Cryptocurrency Market News

With its overall market valuation down about 30% from its March 2024 record of $2.89 trillion, the cryptocurrency market is reaching a turning point. Investors are worried as the market cap as of September 8, 2024, is $1.93 trillion. Nonetheless, a recent BTC price forecast indicates that Bitcoin is anticipated to rise by 83.70% in…

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Why A Leading Investor Is Still Very Bullish On Shiba Inu, Even Amid Declines

September 9, 2024

Cryptocurrency Market News

Shiba Inu has been struggling to post significant price gains lately, but famed investor Jake Gagain does not care about it and stays extremely optimistic about the cryptocurrency’s future. Despite the recent dip in value, Gagain was still very optimistic about SHIB. This contrasts with the current SHIB price forecast of a -0.87% decrease, with…

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Dogecoin Price Prediction: Extended Consolidation Or A Break Below/Above?

September 8, 2024

Cryptocurrency Market News

Dogecoin has had its ups and downs in the past seven days: from breaking down below a support at $0.095, to bouncing back up and hitting notable resistance at $0.099. Following this brief rally, Dogecoin experienced another downward shift as the bulls were unable to maintain the momentum. It dropped once again, breaking through several…

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Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details

September 8, 2024

Cryptocurrency Market News

The crypto market is experiencing a notable shift in liquidity as investors acquire massive amounts of stablecoins due to market uncertainties in the last few months. CryptoQuant analyst with username Percival has provided more insights into this trend of capital rotation. Open Interest In Crypto Market Shrinks As Stablecoins See Liquidity Influx Following a rather…

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Ether Liquidity Plummets 40% On Exchanges After ETF Debut

September 8, 2024

Cryptocurrency Market News

Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices. Instead,…

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Helium (HNT) Network Expansion Fuels 13% Gains Despite Faltering Market

September 8, 2024

Cryptocurrency Market News

Helium (HNT) defeats the market’s bearishness as its new developments drive hype for the long term. According to CoinGecko, HNT rose by 13% despite the market’s continued fall in the short term. HNT has been boosted by continued on-chain developments that have driven the limelight towards the platform. However, with the market dips continuing to…

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Starknet (STRK) Rises 23%, Offsets Crypto Market Fear And Doubt

September 7, 2024

Cryptocurrency Market News

Although the market dips even further after weak macro releases, Starknet (STRK) remains bullish with developments that offset the market’s fear, uncertainty, and doubt. According to CoinGecko, STRK rose nearly 23% since last week, keeping much of the bearish momentum at bay. On-chain developments have held investor confidence highly, with a major push for improving…

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