Tag Archives: Cryptocurrency Market News

Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken

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On Wednesday, online reports unveiled that hundreds of Ethereum wallets that had been dormant for over 3 years were moving large amounts of ETH. The wallets were believed to have moved $2 billion worth of ETH linked to a $4 billion crypto scam. Investors worried that another massive dump would affect the market’s recovery. However,… Continue reading Ethereum On The Move: Dormant ETH Wallets Linked To $4 Billion Scam Awaken→

Polkadot Developments Show Strength, Despite Coin’s 18% Loss

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As the rebound in some sectors of the crypto market slows, Polkadot (DOT) has captured some momentum garnering the attention of some investors that grabbed it at a discount. According to CoinGecko, the token is up almost 6% today, with the rebound slowing to a mere 2% increase since yesterday. However, this has not deterred… Continue reading Polkadot Developments Show Strength, Despite Coin’s 18% Loss→

Arthur Hayes Reveals How To Trade Crypto Amid The ‘Dollar-Yen Death March’

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In his latest essay “Spirited Away,” Arthur Hayes, the former CEO of BitMEX, dives into the complexities of the global financial markets, with a focus on the impending unwinding of the dollar-yen carry trade and its impact on the crypto market. Hayes begins by discussing the potential actions of the US Vice President Kamala Harris… Continue reading Arthur Hayes Reveals How To Trade Crypto Amid The ‘Dollar-Yen Death March’→

Tron Lost 10% Since Last Week – Is There A Saving Grace Ahead?

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Tron (TRX) faced huge losses after the market swung downward in a strong overreaction amidst macroeconomic fears. According to CoinGecko, the token is down nearly 6% since last week but has since turned a full 180 gaining almost a percent today, August 7th. Since then, the ecosystem continues to surprise the community with its strength… Continue reading Tron Lost 10% Since Last Week – Is There A Saving Grace Ahead?→

Explosive XRP Prediction: Analyst Foresees 20-Fold Gain

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Market experts and technical indicators imply that XRP might break out in a positive way. After a short rise and retracement, the cryptocurrency has been trading at levels that indicate a break in consolidation. At the time of writing, XRP was trading at $0.5149, up 1.1% in the last 24 hours, but sustained a 19.7%… Continue reading Explosive XRP Prediction: Analyst Foresees 20-Fold Gain→

Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish

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Solana (SOL) is leading the crypto market recovery following the massive Monday crash. SOL registered some of the largest gains after reclaiming the $140 support zone on Tuesday morning. Its strength was highlighted by several market watchers, who shared their bullish predictions for the token. However, an analyst warned investors of a key level to… Continue reading Solana (SOL) Bounces 30% Amid Market Recovery, Analysts Remain Bullish→

Aave Protocol Unfazed By Market Jitters, Surges 21%

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Crypto lending protocol Aave restarts its bullishness as the market resets. AAVE, the namesake token of the platform, surged to nearly 20% in the past 24 hours, capturing the momentum of the broader market which is still up by over 5% since yesterday.  Aave’s recent developments also contributed to this rally. However, the broader crypto-finance… Continue reading Aave Protocol Unfazed By Market Jitters, Surges 21%→

ATOM Blows Up 10% After Significant Sell Pressure

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Cosmos Hub’s ATOM token bursts into the scene after capturing some momentum from the market’s recent dismal performance. According to Coingecko, the token is up more than 10% since yesterday’s market overreaction. This is largely due to Cosmos’s continuous efforts to innovate despite the performance of the market which has now rebounded over 8% in… Continue reading ATOM Blows Up 10% After Significant Sell Pressure→

Helium (HNT) Stays Afloat With 31% Gains Amid Crypto Market Mayhem

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After the market’s extreme overreaction yesterday, Helium, and the entire crypto market, booms in value. According to the latest market data, HNT rocketed up by 31% in the past 24 hours representing a strong flip from bearish to bullish.  Helium’s recent performance can be attributed to a strong investor base, built over the years by… Continue reading Helium (HNT) Stays Afloat With 31% Gains Amid Crypto Market Mayhem→

Bitcoin Rebounds Past $56,000, Ethereum Over $2,500: Key Factors

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Bitcoin and crypto markets experienced a robust recovery Tuesday, with Bitcoin surging past the $56,000 mark and Ethereum breaking above $2,500, bouncing back from the “Block Monday.” Yesterday, Bitcoin plummeted over 15%, touching lows near $49,000, while Ethereum dropped by more than 20% to a low of $2,115. The recovery in Bitcoin and crypto paralleled… Continue reading Bitcoin Rebounds Past $56,000, Ethereum Over $2,500: Key Factors→