Category Archives: Cryptocurrency Market News

AAVE Whale Goes On $6.78 Million Buying Spree As Price Recovers 16%

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AAVE, the native token of the crypto lending protocol with the same name, was among the top performers during August. The cryptocurrency showed strength throughout the retraces, displaying green numbers in most timeframes after recovering. Its performance gathered the attention of crypto analysts, who consider the token could become a top narrative at the end… Continue reading AAVE Whale Goes On $6.78 Million Buying Spree As Price Recovers 16%→

Monero (XMR) Unfazed By Market Jitters, Climbs 13% – Details

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A strong outlier in the current market situation, Monero (XMR) moves against the broader downturn that plagues the market. According to CoinGecko, Monero gained nearly 13% since last week, putting the coin under the spotlight as one of the strongest gainers within the bear market.  Monero’s simplicity lends itself to its focus on privacy and… Continue reading Monero (XMR) Unfazed By Market Jitters, Climbs 13% – Details→

Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade

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MATIC suffers another string of losses as the broader market pullback forces the bulls to the defensive. According to CoinGecko, the Polygon Network native coin has bled 16% more since last week as the bears reverse gains made back in August. This move occurred despite Polygon Network’s upcoming upgrade that switches MATIC to POL, improving… Continue reading Investors Lose Sight Of MATIC As It Drops 16% Ahead Of Network Upgrade→

Crypto Guru Arthur Hayes Is ‘Short-Term Bearish’: Here’s Why

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In a recent essay titled “Boom Times … Delayed,” Arthur Hayes, co-founder and former CEO of BitMEX, delves into why impending Federal Reserve rate cuts may not initially rejuvenate the crypto markets as many investors hope. Published on Substack, Hayes presents a detailed analysis interwoven with his perspective on broader economic policies and their implications… Continue reading Crypto Guru Arthur Hayes Is ‘Short-Term Bearish’: Here’s Why→

Stunning Fall From Grace: Cardano Suffers 90% Plunge In Market Share Since ’21

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After stealing the thunder of cryptocurrency in September 2021, Cardano fell about 90%. Its native token, ADA, lost its position in the top 10 cryptocurrencies as a result of significant losses in market capitalization. Related Reading: RENDER Flashes Red With 18% Short-Term Loss – Details This slump in market share sends quite a few questions… Continue reading Stunning Fall From Grace: Cardano Suffers 90% Plunge In Market Share Since ’21→

Crypto Market Update: Expert Anticipates Bull Run After Choppy August, Here’s Why

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August proved to be one of the toughest months for the crypto market, marked by a significant decline in overall market capitalization, which fell to a six-month low of $1.96 trillion amid what analysts called “Black Monday.”  This downturn saw Bitcoin (BTC) plummet from $68,000 to approximately $49,000, igniting concerns among bullish investors. However, market… Continue reading Crypto Market Update: Expert Anticipates Bull Run After Choppy August, Here’s Why→

Dogwifhat (WIF) Leads Memecoins Recovery With 12% Jump, Is $2.2 The Next Stop?

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This cycle’s dog-themed sensation, Dogwifhat (WIF), has become the leading memecoin amid the market’s recovery. The token saw a 12% surge in the early hours of Tuesday, propelling the price above the $1.6 mark. As the memecoin tries to reclaim key support levels, some crypto analysts forecasted WIF’s next targets. Dogwifhat Leads The Memecoin Recovery… Continue reading Dogwifhat (WIF) Leads Memecoins Recovery With 12% Jump, Is $2.2 The Next Stop?→

RENDER Flashes Red With 18% Short-Term Loss – Details

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Bearish sentiment remains supreme in the market today as RENDER flashes red, losing more value on the weekly timeframe. According to CoinGecko, the token bled by 18% since last week, continuing the bearish market consensus. With the market continuing to underperform, the altcoin might be on the pain train in the next couple of weeks.… Continue reading RENDER Flashes Red With 18% Short-Term Loss – Details→

Stacks (STX) Drops 15% Despite Continuous On-Chain Developments – Details

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Stacks struggles to stand on level ground as it continues to fall despite the market’s attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours. Stacks has been teasing the… Continue reading Stacks (STX) Drops 15% Despite Continuous On-Chain Developments – Details→

NEAR Investors Hope New Projects Will Help Coin Rebound From 21% Loss

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While the market has rebounded following a poor start to the month in September, some altcoins are still struggling with the leftover bearishness. NEAR continues with the list of altcoins that keep up their losses even as the majors, including Bitcoin and Ethereum, recover from their respective slumps. According to CoinGecko, the token fell by… Continue reading NEAR Investors Hope New Projects Will Help Coin Rebound From 21% Loss→