Cryptocurrency prices have dipped to the bottom making it a perfect opportunity to “Buy-the-Dip”. However, traders seem to be shorting more than buying crypto during these small price drops. Altcoins are witnessing more short-selling or shorting than Bitcoin. In the last 24 hours, Bitcoin (BTC) saw about 51% short positions across exchanges, whereas altcoins recorded
Tether (USDT), the platform on which the world’s leading stablecoin, USDT is built, has made public the launching of USDT on blockchain network Tezos in an attempt to further widen its scope. The move in turn has led to an increase in Tether’s market cap which is now estimated to be valued at $80 million.
Total Staked ETH in Ethereum 2.0 has skyrocketed by over $12.764 million, following a stake by 398k unique validators. This is according to a tweet by glassnode, the leading on-chain and financial metrics, charts, data and insights for Bitcoin and digital assets. ETH 2.0 Would Replace Proof Of Work System With Proof Of Stake With
Terra (LUNA) led a rout in altcoins on Saturday as worsening sentiment saw investors lock-in recent gains in the market. Most major altcoins also saw sharp losses for the week. LUNA fell 11% to an over one-week low of $94.13. It was trading nearly 27% below a record high hit earlier in the week, and
Bitcoin (BTC) saw its market dominance fall sharply over the past two days, as the latest crypto rally became more skewed towards altcoins. A mix of institutional buying and interest in staking appeared to have triggered the rally. BTC market dominance stood at 40.9% on Saturday, retreating sharply from the 42% seen on Thursday. While
Anchor Protocol (ANC) token price has surged in the past 24 hours, sidestepping a plunge in the crypto market as traders sought exposure to the relatively large yield offered by the Anchor protocol. The token was last trading up 13% at $5.5, hovering around 10-month highs and with a total market capital of $1.4 billion.
Crypto market capitalization plummeted by $200 billion in 24 hours after Russia declared war on Ukraine. Focus now turns to potential sanctions by Western countries against Moscow. U.S. President Joe Biden said the United States and its allies will respond decisively to the attack, TOI reports. The U.S. and its European allies had imposed some
Bitcoin and other cryptocurrencies extended a recovery on Wednesday as recent U.S. sanctions against Russia were perceived to have minimal economic impact. Bitcoin rose nearly 6% to $38,967 from a near one-month low hit on Tuesday, while altcoins including Ethereum, Binance Coin and XRP added between 4% to 5%. Total crypto market capitalization also rose
The Crypto market tends to see price dips during the weekends and as we approach another one, the market volatility has started to show signs of sell-off again. The crypto market cap dipped below $1.4 trillion as Bitcoin and major altcoins traded in red with a small glimpse of green. The market experts believe there
The crypto market sell-off has entered the third week with Bitcoin falling below $32,000 price today. The top cryptocurrency was trading at $31,652 with a 24-hour price decline of 2.35%. The current price correction is attributed to the growing scrutiny of the Chinese government towards Bitcoin mining and trading. The top cryptocurrency has fallen more
The cryptocurrency market saw its market cap get reduced by 4.5% over the past 24 hours, wiping nearly $100 billion off the market. The growing bearish sentiment has been prevalent since last month when the crypto market experienced its largest correction this year. Analysts suggest the market is slowing down and in a cool-off phase
The crypto market has registered a 5% fall today leading to over $1 billion in long positions getting liquidated across major crypto exchanges. Most of the top-1o cryptocurrencies are bleeding with a loss of over 5% in the past couple of hours. The crypto market cap that breached the $2 trillion mark just a couple
Bitcoin rebounded from another $1000 flash crash after registering a daily low of $17,671 on Sunday after breaking past the key resistance of $18,500. The king coin is currently trading at $18,705 registering a 2.30% rise over the past 24 hours. However, it is important to note that BTC is losing steam at the top
The altcoins have finally arrived at the Bull run party that Bitcoin initiated a couple of weeks ago, bringing back the memory of 2017. Bitcoin’s bull rally started after the king coin broke past the key resistance of $13,000 and $15,000 and is currently trading at $18,658 registering more than 17% gains over the week.
Over the last 24 hours, the altcoins’ market is in deep red with some top cryptocurrencies losing between 4-10%. As per the charts on CoinMarketCap, the altcoins have lost over $4 billion in combined market cap over the last 24 hours. Among the top ten cryptocurrencies, Chainlink (LINK) has lost the most in percentage terms
A renowned gold investor has taken a look into the world of dead altcoins and commented on how much more Bitcoin could be worth without those financial losses. Veteran global macro investor and co-founder of 10T Holdings, Dan Tapiero, has re-tweeted a list of altcoins that have made it into the top ten, commenting on
Bitcoin maximalists, Tone Vays and Jimmy Song show disappointment in recent the altcoin run and fake promises of decentralization. Charles Hoskinson, the creator of Cardano, disagrees and releases a whiteboard tutorial video on PoS Vs. PoW. Which School of Thought is Right? The crypto market’s attention is clawing back to altcoins as they continue to
LINK token records an ATH high today as the price surges to $8.5. Coincidently, the rise is identical to Tesla Inc. since the COVID-19 crash. While the rise in Tesla Inc. is 250% since March, the rise in LINK is 205%. The similarity in the rise since the beginning of July has been particularly striking.
The crypto market seems to be on the verge of revisiting the domain of an alt-season. Not only DeFi, but also other altcoins have been in a bullish trend for the last couple of weeks, while Bitcoin has basically stayed put. The disconnect between the bull markets in mid-cap altcoins and Bitcoin price is forming a
There are a number of renowned investors like Warren Buffet, Jim Rogers, Peter Schiff and so on who reject the idea of Bitcoin. Among them, Schiff is one of the leading critics, voicing his scam and Ponzi call on Bitcoin and crypto on a regular basis. According to Max Keizer, these ‘not’ Bitcoin influencers are