Market

Telegram’s adoption of Toncoin drives crypto economy growth, with TON surging from $3.79 to $6.14 and predicted to hit $10.00. Milei Moneda’s ($MEDA) presale gains momentum, offering a deflationary model at $0.0125 per token, integrating meme culture and NFT rewards, with a projected price pump post-launch on Uniswap. Amidst crypto’s evolution, Telegram’s adoption of Toncoin (TON) and Milei Moneda’s ($MEDA) presale momentum are stirring interest. These developments signify exciting opportunities in the crypto market.  Telegram’s TON-Based Economy Gains Momentum as…

As the best-performing tokens since the start of the year, Toncoin (TON) and ETFSwap (ETFS) have shown that they can outshine Solana (SOL) in this bull market. So far, Solana (SOL) has recorded a year-to-date (YTD) gain of just over 35%, lagging behind Toncoin (TON) and ETFSwap (ETFS), which have both recorded YTD gains of over 200%.  Toncoin (TON) and ETFSwap (ETFS) aren’t just expected to outshine Solana (SOL) in this bull run but also outperform Solana’s (SOL) run of…

As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics.  These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold predictions that hint at a paradigm shift in the BTC market.  Bitcoin Trading At ‘Deep Discount’ One of the key metrics highlighted by Edwards is the staggering electrical cost associated with mining a single Bitcoin. Edwards reveals that this cost has now reached…

As war in the Middle East slides closer, the crypto market has suffered some downward movement. Big names like Solana and XRP have seen prices slip as investors nervously await developments between Israel and Iran. However, there is a silver lining in the form of a new crypto ICO defying the current market slump. Raboo is approaching $1 million raised, and its fast-selling presale is flying off the shelves. Can it continue to stave off the threat of war in…

Following the February rally, many cryptos are now showing major technical bearishness. Major coins like Tron and the famous meme coin Dogecoin are also experiencing this correction, with Tron down 6.34% and Dogecoin down 18.35% last week. Being established coins, the chance for ample profits is generally low, especially for crypto newbies. Pushd has garnered attention following its successful audit with utilities that could change the e-commerce space. Currently, it is in the 6th stage of the presale, and the…

Data from IntoTheBlock revealed that investors withdrew approximately half a billion ETH from centralized exchanges last week, the highest the asset has seen since February. $500M ETH Leaves CEXs The withdrawal of large amounts of ETH from centralized exchanges signals investor confidence in the long-term price trajectory of the asset. Market participants usually withdraw their cryptocurrencies from centralized trading platforms to hold the assets in their private wallets or cold storage in anticipation of higher prices. Such large withdrawals have…

Aptos (APT) unlocked a huge amount of tokens but faced a market crash triggered by Bitcoin’s downturn. This led to increased supply, high volatility, and a drop in value. Despite initial optimism, Aptos (APT) slid to $9.06 by April 17, 2024, down 23.43% in a week. Cardano (ADA) faces uncertainty with a 20% plunge amid crypto market volatility. Analysts fear further instability, foreseeing a potential retest of lows at $0.250 by June if the slide continues. However, if support at…

Bitcoin’s price continues its gradual increase following the completion of the halving a few days ago by jumping above $66,000 for the first time in a week. The altcoins have followed suit with minor gains over the past day. Ethereum has reclaimed $3,200, while BNB is above $600 as of now. Bitcoin’s Recover Continues After the massacre from the previous weekend, BTC had started to reclaim some value over the business week, which culminated last Monday with a surge to…

Grayscale leaves no stone unturned as it adds 32K LTC ($2.3 million) to its Grayscale Litecoin Trust amid the asset falling by over 30%. An analyst predicts that LTC could replicate a pattern that sees its price reaching $370 after remaining stagnant within the $100 zone.  Grayscale embarks on a buying spree following an extensive downward trend in the altcoin market that has seen assets losing between 30-40% of their previous value. According to market data, Litecoin (LTC) emerged as…