Market

Dogecoin’s price has risen with speculation about its potential integration as a payment method on X. BitMex founder Arthur Hayes has shown support for Dogecoin, buying more during the market downturn. Dogecoin has experienced a surprising uptick in price, deviating from the broader cryptocurrency market’s bearish trend. This unexpected rise is largely attributed to speculations regarding the integration of Dogecoin payments on X. The anticipation of this development has stirred excitement within the Dogecoin community and sparked a notable increase…

2024 remains a year in which the cryptocurrency industry and the global financial world are about to witness a monumental transformation across the blockchain space. The growing interest worldwide and many institutions paying attention to the cryptocurrency market promise to be revolutionary and could reshape how we perceive and interact with the financial world.  Key contributors to the wide growth currently experienced across the financial market have been attributed to significant advancements in blockchain technology, Artificial intelligence (AI), the rise…

Crypto whales are on the move again. This time, they are going after the three best altcoins — Pepe, Bonk, and RollBlock. Although the prices of Pepe and Bonk have dropped, analysts are still bullish about them. Meanwhile, Rollblock is still in the crypto ICO stage and has given early buyers a 40% ROI in just a few weeks with market experts looking forward to more profits in the future. Analyst Predicts Potential 20x Price Pump for Pepe (PEPE) The…

Solana continues to experience transaction failures, highlighting scalability challenges. Meanwhile, Raboo ($RABT)  presale token on the Ethereum ERC-20 network continues to garner attention for its smooth transactions and rapid fundraising. Currently in Stage 4 of its presale with over $1.8 million raised, crypto analysts have tipped Raboo as one of the best altcoins to invest in 2024. Solana faces transaction failures amid memecoin surge and regulatory headwinds Solana continues to face significant challenges due to a high rate of transaction…

The Litecoin network is preparing for its 2024 summit in July that will bring together web3 developers, and innovators across the industry to discuss the LTC future. Litecoin price has struggled to establish a bullish momentum above the weekly 50 MA, thus indicating further bearish pressure. Litecoin (LTC), the third largest proof-of-work (POW) secured blockchain with a total hash rate of around 969.52 TH/s, has attracted different opinions over the years due to its macro consolidation. While some crypto analysts…

Amid an overall market downtrend, crypto assets based on artificial intelligence (AI) have exhibited substantial gains, fueled by the AI frenzy permeating the traditional finance and crypto markets.  This surge has been further augmented by the continuous rally of tech company Nvidia, which recently claimed the world’s most valuable company title, with its soaring share price reaching an all-time high. Fetch.ai Rides Nvidia’s Success Nvidia’s stock, now valued at $3.34 trillion, has nearly doubled in price since the beginning of…

Bitcoin’s price has been range-bound, influenced by the cash-and-carry arbitrage strategy. Institutional trading behavior continues to reinforce range-bound expectations. Bitcoin has been oscillating between $56,552 and $73,777 for several weeks, creating a highly volatile trading environment. Traders face the challenge of determining breakout directions within this unpredictable range. Experts recommend waiting for a clear breach of resistance levels before making significant trades. As reported in Coin Market Cap news updates, this situation adds to the complexity of making significant trades.…

Bitcoin (BTC) recently plunged to a one-month low of $64,000, causing concern among bullish investors who now fear impending selling pressure and a potential retest of lower support levels.  Adding to these concerns, it has come to light that a wallet belonging to the German police has moved $425 million worth of BTC to cryptocurrency exchanges, according to on-chain data firms. This development has sparked speculation about the agency’s intentions and potential market impact. Selling Pressure Concerns On Wednesday, crypto…

Arthur Hayes, the former CEO of BitMEX, announced investments in PENDLE and DOGE. Hayes predicted a Dogecoin ETF launch before the current market cycle ends, highlighting its cultural and financial significance. Arthur Hayes, former CEO of BitMEX and prominent cryptocurrency investor, announced via Twitter his recent investments in $PENDLE and $DOGE. Hayes expressed enthusiasm for the current “choppy sideways to down” price action in the cryptocurrency market, seeing it as an opportunity to bolster his portfolio.  I'm loving this choppy…