Category Archives: Cryptocurrency Market News

Dex Volume Hits Over $1T in August: Why Best Wallet Token Stands To Gain

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The decentralized exchange (DEX) market has just reached a historic milestone, with over $1.15 trillion in volume processed during August. DefiLlama data shows this is the first month where combined spot and perpetual contract volumes have exceeded $1 trillion in monthly activity. Spot DEX volumes hit $506B in August, while perpetual contract volumes rose to… Continue reading Dex Volume Hits Over $1T in August: Why Best Wallet Token Stands To Gain→

No Ethereum Rally Until Q4? Analyst Eyes Choppy September Before New Highs

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As the crypto market continues to struggle, Ethereum (ETH) is attempting to hold a crucial zone as support to resume its bullish rally. However, some analysts suggest that the cryptocurrency will see another choppy September before the long-awaited Q4 run. Ethereum Party To Be Delayed? Amid the recent market correction, Ethereum closed August around the… Continue reading No Ethereum Rally Until Q4? Analyst Eyes Choppy September Before New Highs→

WLFI Token Begins Trading: Insights Into The Trump-Backed Crypto

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World Liberty Financial, a decentralized finance (DeFi) platform supported by President Donald Trump, has officially launched its native token WLFI. Although the debut of WLFI marks a significant step for the Trump family, its initial performance has been lackluster compared to the anticipation it garnered in recent weeks. WLFI Token Faces 12% Decline According to… Continue reading WLFI Token Begins Trading: Insights Into The Trump-Backed Crypto→

Crypto Tumbles Hard: Google Search Trends Call Last Local Market Top

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The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest… Continue reading Crypto Tumbles Hard: Google Search Trends Call Last Local Market Top→

Bitcoin Hits 7-Week Low As $540-M In Trades Wiped Out

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Bitcoin fell to its lowest levels since July 8 after Wall Street opened on Friday, with prices sliding and traders scrambling to reassess short-term plans. According to CoinGlass, 24-hour crypto liquidations neared $540 million as selling pressure intensified on major exchanges. Whales And Exchange Distribution Pressure Based on reports from market watchers, heavy selling by… Continue reading Bitcoin Hits 7-Week Low As $540-M In Trades Wiped Out→

Trump-Backed American Bitcoin Eyes September Nasdaq Debut, Hyping Up the Pepenode Presale

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American Bitcoin, partially owned by Eric Trump and Donald Trump Jr, targets a September public debut on the Nasdaq, according to Hut 8 CEO, Asher Genoot. The announcement came from an interview with Reuters during the Bitcoin Asia conference in Hong Kong, with Genoot stating that Hut 8, Eric, and his brother Donald will own… Continue reading Trump-Backed American Bitcoin Eyes September Nasdaq Debut, Hyping Up the Pepenode Presale→

Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock

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BitMine Immersion Technologies saw its stock sink nearly 8% this week, yet that didn’t stop Cathie Wood’s ARK Invest from pouring another $15.6 million into the company. The latest move comes during a period of heightened volatility in both equities and crypto markets. ARK Expands Its Holdings According to ARK’s trading disclosures on August 27,… Continue reading Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock→

Another Short-Lived Solana Rally? Here’s Why It May Be Different This Time

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Solana (SOL) is attempting to reclaim a strong resistance zone for the fourth time, which has led some investors to suggest that the rally won’t last long. Nonetheless, on-chain data suggests that SOL’s next leg up could be starting. Solana Breaks Out Of Triangle Pattern On Thursday, Solana hit a six-month high of $216 after… Continue reading Another Short-Lived Solana Rally? Here’s Why It May Be Different This Time→

Over 100 Crypto Companies Join Forces To Protect DeFi In Market Structure Bill

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115 crypto companies, investors, and organizations have come together to urge the US Senate to incorporate explicit protections for open-source software developers and non-custodial service providers in upcoming market structure legislation.  This coalition, spearheaded by the DeFi Education Fund, includes high-profile supporters such as Coinbase, a16z crypto, and Ripple, all emphasizing the need for regulatory… Continue reading Over 100 Crypto Companies Join Forces To Protect DeFi In Market Structure Bill→

Bounce Or Breakdown? Bitcoin Dominance Tests Critical Technical Levels

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Bitcoin dominance is at a pivotal moment, testing key support levels that could determine market direction. A bounce from these zones may signal temporary stability, while a breakdown could trigger deeper declines and shift attention toward altcoins.  Market Structure Signals Growing Vulnerability According to @Crypto_TheBoss in a recent market breakdown points to a weakening grip… Continue reading Bounce Or Breakdown? Bitcoin Dominance Tests Critical Technical Levels→