NYDIG, a major digital asset firm, says Bitcoin (BTC) is outperforming other cryptocurrencies during the current economic turmoil. Their analysis shows that the crypto market has held up surprisingly well despite the chaos in traditional finance. Crypto Market Holds Steady According to NYDIG’s global head of research, Greg Cipolaro, several key indicators point to market…
Mantra (OM), a cryptocurrency project focused on real-world assets, experienced a dramatic 90% price drop over the weekend, leaving many wondering what happened. The price plummeted from $6.35 to just $0.37 in a single day, wiping out billions in market capitalization. Millions in OM Tokens Moved Before the Crash Blockchain analytics firm Lookonchain revealed that…
The cryptocurrency world is buzzing about Mantra DAO’s OM token, which lost a staggering 90% of its value in a single day, wiping out over $5 billion in market capitalization. The price plummeted from $6.27 to just $0.72 – a massive drop that has raised serious questions. Millions of OM Tokens Moved to Binance Adding…
XRP’s price has staged a comeback after dipping below $2 last week, surprising some investors. An analyst on TradingView sees this as a significant move, pointing to bullish candlestick patterns suggesting growing momentum. Why the Bullish Outlook? The analyst cites several reasons for their optimism: Cup and Handle Pattern: XRP’s price chart shows a classic…
Kraken, a major US cryptocurrency exchange, is branching out! They’re adding US stocks and ETFs to their platform, aiming to become a one-stop shop for all your investing needs. Commission-Free Trading This expansion is huge. Kraken is offering commission-free trading on over 11,000 US stocks and ETFs. It’s starting in a few states (New Jersey,…
Several established cryptocurrencies like XRP, Cardano, and Solana are showing signs of recovery after a recent market dip. But it’s not just the big names; some exciting new projects are also making waves. Let’s dive in! Altcoin Comeback XRP, Cardano, and Solana have all seen impressive rebounds lately. XRP, for example, jumped almost 20% after…
TermMax, a new decentralized finance (DeFi) platform, officially launched its mainnet on April 15th, 2024, on Ethereum and Arbitrum. They’re aiming to make borrowing and lending crypto much easier and more efficient. Simplifying DeFi Lending and Borrowing TermMax tackles several common DeFi pain points: Complex Strategies Made Easy: Forget complicated multi-step transactions. TermMax offers one-click…
A popular cryptocurrency trader believes Solana (SOL) just dodged a major downturn. They think a recent price dip below $100 was a “bear trap”—a deceptive price drop that lures in sellers before a sudden price surge. Solana’s Bear Trap and Future Price Predictions This trader, known as Inmortal, claims the recent dip was the biggest…
Vitalik Buterin, the brains behind Ethereum, is sounding the alarm about privacy in the age of artificial intelligence. He argues that as AI gets better at data collection, the need for strong privacy measures becomes even more critical. The AI Privacy Threat Buterin points out that AI’s ability to scrape and analyze data is rapidly…
Investor Luke Gromen believes Bitcoin (BTC) could see a price increase if gold replaces US Treasuries as the main global settlement asset. Gold as the New Settlement Asset? Gromen argues that if the US government is serious about bringing manufacturing back to America, it needs to reduce the outflow of dollars and Treasuries. He suggests…
