Category Archives: Cryptocurrency Market News

Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami?

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Once again generating news is Ripple as the company issued 1 billion XRP coins from its escrow accounts on September 1, 2024. Costing more than $560 million, the release has caused waves in the digital currency market. First, 500 million XRP were released in three consecutive phases; next were 200 million and finally 300 million.… Continue reading Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami?→

TIA Down 23% In A Week, As Investors Eye New On-Chain Projects

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With the crypto market eyeing to end August on a sour note, the altcoin sector saw more pain in the short term after the broader market dipped in the past 24 hours. This led to altcoins like TIA facing significant losses on all timeframes. According to CoinGecko, TIA saw 23% in losses since last week,… Continue reading TIA Down 23% In A Week, As Investors Eye New On-Chain Projects→

Cosmos (ATOM) On Downward Spiral With 23% Losses As Market FUD Worsens

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The market has been seen to further dip as major cryptocurrencies continue to fall towards their most recent support levels. This only amplified the losses of the altcoin market to bring tokens like Cosmos (ATOM) down to the ground. According to CoinGecko, the token has lost almost 23% since last month and drags any hope… Continue reading Cosmos (ATOM) On Downward Spiral With 23% Losses As Market FUD Worsens→

Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation

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Ethereum has been on a wild ride lately. The cryptocurrency took a nosedive and crashed to a point where ETH changed hands around $2,550, having lost more than 20% of its value in the last 30 days. But despite this massive liquidation, Ethereum’s price forecast still looks rosy. According to Cryptorphic, Ethereum’s future could see… Continue reading Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation→

Market Slip Drags Injective Down 16% Despite Ongoing Developments

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With the market resuming its bearishness today, August 30th, Injective continues to slip and slide. According to CoinGecko, INJ took a nose dive by 16% which slashed any hopes of a short-term recovery. Although the token’s performance leaves much to be desired, developments on-chain continue to unfold, cementing Injective’s position within the community. Several developments… Continue reading Market Slip Drags Injective Down 16% Despite Ongoing Developments→

Crypto Liquidation Data Rigged By Exchanges? Researcher Unveils The Truth

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Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit, and OKX have systematically modified their data reporting processes in a way that he claims significantly… Continue reading Crypto Liquidation Data Rigged By Exchanges? Researcher Unveils The Truth→

Hedera (HBAR) Q2 Update: Market Cap Climbs, Daily Transactions Boom, Revenue Follows

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Hedera (HBAR) emerged as a standout performer in the second quarter (Q2) of the year, reversing the downward trend faced by many projects. The latest report from research firm Messari highlights Hedera’s progress across key financial indicators. Hedera Q2 Momentum One of the pivotal highlights of Hedera’s Q2 was the advancement in crucial financial metrics.… Continue reading Hedera (HBAR) Q2 Update: Market Cap Climbs, Daily Transactions Boom, Revenue Follows→

Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?

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Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On… Continue reading Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?→

XRP Gains Ground: 20% Of Institutional Investors Embrace The Crypto

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Institutional investors are gradually giving more attention to XRP. The digital asset is marking its place next to Bitcoin and Ethereum. According to a recent survey by EY-Parthenon, more than 20% of the world’s institutional decision-makers have XRP in their basket. It isn’t a small sample choice; 277 key players comprised of COOs, CEOs, portfolio… Continue reading XRP Gains Ground: 20% Of Institutional Investors Embrace The Crypto→

MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details

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Although the market downturn has somewhat slowed, the effects are still amplified within the altcoin market. MATIC, Polygon’s native token, has suffered greatly from the recent bearish market sentiment that spread within the past couple of days.  According to CoinGecko, MATIC has fallen 18% since last week, marking a big slash on the token’s upward… Continue reading MATIC: Market Dip Translates To 18% Losses Despite Network Upgrade – Details→