Cryptocurrency Market News – Page 60

Ethena (ENA) Surges 60%, But Fantom Co-Founder Warns Of Luna-Like Demise

April 3, 2024

Ethena Labs’ new governance token, ENA, is witnessing a staggering 60% increase in its value, shortly after its introduction to the market. The spike in ENA’s price to approximately $0.96 has catapulted its market capitalization to nearly $1.34 billion, ranking ENA as the 80th largest cryptocurrency by market cap. This ascent followed Ethena’s strategic distribution…

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Shiba Inu Fires Up With 4,000% Burn – Price Rebound Coming?

April 3, 2024

Cryptocurrency Market News

Shiba Inu (SHIB), the popular dog-themed meme coin, is experiencing conflicting signals amidst the recent crypto market slump. While the burn rate, a metric indicating the rate at which tokens are permanently removed from circulation, skyrocketed by over 4,000% in the past 24 hours, the token’s price continues to decline. This surge in burning activity,…

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Canine Comeback? KNINE Brushes Off 50% Loss, Gets Listed On Major Exchange

April 3, 2024

Cryptocurrency Market News

Shiba Inu’s Layer-2 blockchain, Shibarium, is experiencing a shot of optimism amidst a bearish crypto market. K9 Finance (KNINE), a project aiming to become the go-to platform for liquid staking derivatives (LSD) on Shibarium, has secured a listing on BitMart, a major cryptocurrency exchange. This move, coupled with the upcoming launch of the K9 Finance…

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Grayscale Drops Bombshell Report: Crypto Bull Run Progresses To ‘Middle’ Phase, Future Outlook Detailed

April 3, 2024

Cryptocurrency Market News

The cryptocurrency market has witnessed a significant surge after a prolonged bear market and the intensified crypto winter caused by the collapse of crypto exchanges and firms during 2022 and part of 2023. Notably, Bitcoin and other major cryptocurrencies have experienced substantial price surges, accompanied by renewed interest from institutional investors entering the market through…

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Is Ethereum In Danger? Analyst Warns Of Bearish Future If ETH Drops Below This Level

April 2, 2024

Cryptocurrency Market News

Ethereum (ETH) showed a notable performance throughout March. The second largest cryptocurrency hit $4,000 twice and seemed ready for lift-off to a new all-time high (ATH) while the whole crypto market soared. Quarter one (Q1) 2024 closed with important achievements for the crypto community. However, as Q2 started, Bitcoin began a correction that dragged Ethereum…

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Cardano Rides The ETF Wave: Inflows Surge To Over $1 Million – Details

April 2, 2024

Cryptocurrency Market News

Cardano (ADA) has recently emerged as a focal point of investor attention, experiencing both a surge in inflows and mounting concerns over its performance. According to the latest data from CoinShares, Cardano-centric investment products witnessed a staggering $1.1 million influx over the past week, marking a notable reversal from the $3.7 million outflows recorded just…

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Cardano Rides The ETF Wave: Inflows Surge To $1.1 Million – Details

April 2, 2024

Cryptocurrency Market News

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Investor Alert: Ethereum Q2 Potential Promises Double-Digit Gains – Analyst

April 2, 2024

Cryptocurrency Market News

Ethereum investors are navigating the second quarter of 2024, cautiously embracing optimism, leveraging insights from historical trends and market data to anticipate potential gains. Santiment’s recent analysis reveals that the number of Ethereum addresses holding coins has reached highs of more than 118,000, with midterm MVRV suggesting a mild bullish signal. These indicators, combined with…

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XRP And XLM Blast: Analyst’s 20X Rally Projection To ‘Melt Faces’

April 2, 2024

Cryptocurrency Market News

In the ever-evolving world of cryptocurrency investments, technical analysis continues to play a significant role in shaping investor sentiment and market trends. Amidst the volatile landscape, one analyst, known as Charting Guy, has garnered attention for his bold predictions regarding the future of two prominent digital assets: XRP and Stellar (XLM). Will XRP Rally “Melt”…

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Litecoin Soars Above $110 As LTC Breaks Out Of Macro Downtrend: Analysts

April 2, 2024

Cryptocurrency Market News

Litecoin (LTC) has shown a notable performance in the first quarter of the year, reaching over 30 million transactions by March 30. Last year, this feat was achieved around July when LTC traded at around $113. The US Commodity Futures Trading Commission (CFTC) recently classified Litecoin as a commodity alongside Bitcoin and Ethereum. The designation…

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Get Ready For A Bitcoin Cash Revolution: Analyst Forecasts Historic Breakout

April 1, 2024

Cryptocurrency Market News

Bitcoin Cash (BCH) is stirring excitement in the cryptocurrency community after respected analyst Rekt Capital posted a potentially game-changing analysis. The analysis suggests BCH might be on the cusp of overcoming a long-standing downtrend and achieving a “monumental milestone.” For BCH enthusiasts, this potential breakout represents more than just a technical victory. It could be…

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