Daily Archives: May 2, 2024

News
Analyzing Bitcoin’s Historical Cycles and Correction Patterns in Trading

Analyzing Bitcoin’s Historical Cycles and Correction Patterns in Trading

Bitcoin’s trading outlook has showcased distinct cycles, each characterized by unique correction patterns and price actions. According to DaanCrypto, a

News
OP/Bitcoin Pair Soars Over 50%, Sparks Investor Interest

OP/Bitcoin Pair Soars Over 50%, Sparks Investor Interest

The cryptocurrency market is witnessing a surge of enthusiasm as the OP/Bitcoin trading pair records substantial gains. Notably, this digital

News
Ethereum Price Drops Amidst Ethereum Foundation Activity

Ethereum Price Drops Amidst Ethereum Foundation Activity

The cryptocurrency market experienced a downturn this week with Ethereum (ETH) also witnessing a decline. The price of ETH fell

News
Altcoin Anticipation: Analyst Forecasts Crypto Party as Bitcoin Dominance Declines

Altcoin Anticipation: Analyst Forecasts Crypto Party as Bitcoin Dominance Declines

Renowned crypto analyst Crypto Busy provided a promising outlook for altcoins, suggesting a potential surge if Bitcoin’s market dominance continues

News
Aave’s $17 Million Plan to Transform DeFi with V4 Protocol Overhaul

Aave’s $17 Million Plan to Transform DeFi with V4 Protocol Overhaul

Aave has set its sights on a major upgrade with the unveiling of its V4 protocol overhaul. The proposal, introduced

News
Crypto Market Slumps: Trading Volume and NFT Sales Down 30%

Crypto Market Slumps: Trading Volume and NFT Sales Down 30%

The cryptocurrency market experienced a significant downturn in April, with both trading volume and NFT sales plummeting by over 30%

News
Shibarium Hard Fork Marks a Milestone in Shiba Inu Ecosystem

Shibarium Hard Fork Marks a Milestone in Shiba Inu Ecosystem

The team behind Shibarium has announced a forthcoming hard fork aimed at optimizing the layer-2 scaling solution. This update, detailed

News
Bitcoin Whales Caught in the Dip: Opportunities on the Horizon?

Bitcoin Whales Caught in the Dip: Opportunities on the Horizon?

The founder and CEO of CryptoQuant, Ki Young Ju, revealed through a post on platform X that new Bitcoin investors,

News
Layer2 Platforms Experience Significant Growth in April 2024: Report

Layer2 Platforms Experience Significant Growth in April 2024: Report

According to a report by Coin98 Analytics, April 2024 marked a period of substantial growth and shifting metrics in Layer2

Market News
Tether’s Q1 Attains $4.52B Profit Milestone & Record Equity

Tether’s Q1 Attains $4.52B Profit Milestone & Record Equity

Tether Holdings disclosed a noteworthy profit after taxes of $4.52 billion during the first quarter of 2024. Reportedly, Tether’s net

News
XRP Displays Resilience Amid Market Challenges, Signals Potential Rebound

XRP Displays Resilience Amid Market Challenges, Signals Potential Rebound

Ripple’s XRP struggled to maintain its footing above the $0.5 support level recently, buckling under pressure as a broader sell-off

News
Is Bitcoin Headed for $54K? Here’s What Experts Say

Is Bitcoin Headed for $54K? Here’s What Experts Say

Bitcoin’s recent price movements have left many investors on edge, with the futures market offering some insights but not yet