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Cryptocurrency Market News – Page 6 – BitcoTasks BLOG
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Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade

Cryptocurrency Market News

MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August. This move occurred despite Polygon Network’s upcoming upgrade that switches MATIC to POL, improving…

Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade Read More »

Crypto Guru Arthur Hayes Is ‘Short-Term Bearish’: Here’s Why

Cryptocurrency Market News

In a recent essay titled “Boom Times … Delayed,” Arthur Hayes, co-founder and former CEO of BitMEX, delves into why impending Federal Reserve rate cuts may not initially rejuvenate the crypto markets as many investors hope. Published on Substack, Hayes presents a detailed analysis interwoven with his perspective on broader economic policies and their implications…

Crypto Guru Arthur Hayes Is ‘Short-Term Bearish’: Here’s Why Read More »

Stunning Fall From Grace: Cardano Suffers 90% Plunge In Market Share Since ’21

Cryptocurrency Market News

After stealing the thunder of cryptocurrency in September 2021, Cardano fell about 90%. Its native token, ADA, lost its position in the top 10 cryptocurrencies as a result of significant losses in market capitalization. Related Reading: RENDER Flashes Red With 18% Short-Term Loss – Details This slump in market share sends quite a few questions…

Stunning Fall From Grace: Cardano Suffers 90% Plunge In Market Share Since ’21 Read More »

Crypto Market Update: Expert Anticipates Bull Run After Choppy August, Here’s Why

Cryptocurrency Market News

August proved to be one of the toughest months for the crypto market, marked by a significant decline in overall market capitalization, which fell to a six-month low of $1.96 trillion amid what analysts called “Black Monday.”  This downturn saw Bitcoin (BTC) plummet from $68,000 to approximately $49,000, igniting concerns among bullish investors. However, market…

Crypto Market Update: Expert Anticipates Bull Run After Choppy August, Here’s Why Read More »

Dogwifhat (WIF) Leads Memecoins Recovery With 12% Jump, Is $2.2 The Next Stop?

Cryptocurrency Market News

This cycle’s dog-themed sensation, Dogwifhat (WIF), has become the leading memecoin amid the market’s recovery. The token saw a 12% surge in the early hours of Tuesday, propelling the price above the $1.6 mark. As the memecoin tries to reclaim key support levels, some crypto analysts forecasted WIF’s next targets. Dogwifhat Leads The Memecoin Recovery…

Dogwifhat (WIF) Leads Memecoins Recovery With 12% Jump, Is $2.2 The Next Stop? Read More »

RENDER Flashes Red With 18% Short-Term Loss – Details

Cryptocurrency Market News

Bearish sentiment remains supreme in the market today as RENDER flashes red, losing more value on the weekly timeframe. According to CoinGecko, the token bled by 18% since last week, continuing the bearish market consensus. With the market continuing to underperform, the altcoin might be on the pain train in the next couple of weeks.…

RENDER Flashes Red With 18% Short-Term Loss – Details Read More »

Stacks (STX) Drops 15% Despite Continuous On-Chain Developments – Details

Cryptocurrency Market News

Stacks struggles to stand on level ground as it continues to fall despite the market’s attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours. Stacks has been teasing the…

Stacks (STX) Drops 15% Despite Continuous On-Chain Developments – Details Read More »

NEAR Investors Hope New Projects Will Help Coin Rebound From 21% Loss

Cryptocurrency Market News

While the market has rebounded following a poor start to the month in September, some altcoins are still struggling with the leftover bearishness. NEAR continues with the list of altcoins that keep up their losses even as the majors, including Bitcoin and Ethereum, recover from their respective slumps. According to CoinGecko, the token fell by…

NEAR Investors Hope New Projects Will Help Coin Rebound From 21% Loss Read More »

FET Price Targets $3.4 After Breakout, Here Are The Key Levels To Watch

Cryptocurrency Market News

The Artificial Superintelligence Alliance (FET) has seen a remarkable performance in the last two weeks. Amid the latest market shakeouts, the AI crypto token saw a significant increase, surging over 60% a week ago. In the last 24 hours, the token has recorded a 4% price surge, retesting a crucial resistance level that could propel…

FET Price Targets $3.4 After Breakout, Here Are The Key Levels To Watch Read More »

WazirX Heist: Legal Advisers Doubt Full Crypto Recovery For Customers

Cryptocurrency Market News

The legal team for WazirX said today that the exchange’s customers doubt whether the exchange should be made whole in crypto terms. Another Jolt For The Affected WazirX Users Leading Indian cryptocurrency exchange WazirX suffered a massive security breach on July 18, 2024, resulting in hackers stealing $230 million of customers’ digital assets. In the…

WazirX Heist: Legal Advisers Doubt Full Crypto Recovery For Customers Read More »

SUI Crashes 23% As September Unleashes Market Panic—Is A Comeback Possible?

Cryptocurrency Market News

With the market at an extremely volatile position, SUI bears pushed their advantage forcing losses on the token’s holders. Despite strong developments on-chain, SUI still flashed red with over a whopping 23% losses since last week.  On-chain, SUI continues to solidify its position in the world of DeFi. However, with the market’s sway on the…

SUI Crashes 23% As September Unleashes Market Panic—Is A Comeback Possible? Read More »

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