Cryptocurrency Market News – Page 225

Friend.tech Token Launch Turns Into A Nightmare As Price Dives 98%

Posted on May 3, 2024 by ante — No Comments ↓

The decentralized social network Friend.tech, launched in August 2023, is facing a significant setback as its native token, FRIEND, experiences a staggering 98.5% drop in value. Investors who participated in the recent airdrop of FRIEND tokens have expressed serious concerns about the development, highlighting issues with token claiming and app functionality. Investors Hit Hard As… Continue reading Friend.tech Token Launch Turns Into A Nightmare As Price Dives 98%→

Why This Crypto Bull Run Might Not Live Up To The Past: Analyst

Posted on May 3, 2024 by ante — No Comments ↓

In a detailed analysis shared with his 788,000 followers on X (formerly Twitter), renowned analyst Pentoshi has forecasted a more restrained outlook for the current crypto bull run, suggesting that it may not mirror the explosive growth seen in previous cycles. His insights provide a deep dive into the underlying factors that could temper the… Continue reading Why This Crypto Bull Run Might Not Live Up To The Past: Analyst→

Bitcoin Update: $120 Million Futures Liquidated As Price Takes A Beating

Posted on May 3, 2024 by ante — No Comments ↓

The recent dip in the price of Bitcoin below the $59,000 support level has sent jitters through the cryptocurrency market. While the price drop triggered liquidations in futures markets, analysts warn that a more significant decline could be on the horizon in the absence of a full-blown market capitulation. Measured Retreat, Not Mass Exodus Following… Continue reading Bitcoin Update: $120 Million Futures Liquidated As Price Takes A Beating→

Is MATIC Poised For Takeoff? Key Area Breaks Records, Fueling Bullish Outlook

Posted on May 3, 2024 by ante — No Comments ↓

Polygon (MATIC), the Ethereum scaling solution, has been a hot topic for weeks. Its daily active addresses recently hit an all-time high, exceeding 1.4 million, a testament to the network’s growing user base. This surge in activity, however, presents a tale of two sides for MATIC. Polygon’s Busy Streets: A Sign Of Growth Or Gridlock?… Continue reading Is MATIC Poised For Takeoff? Key Area Breaks Records, Fueling Bullish Outlook→

Buy Crypto In May, Go Away: Arthur Hayes Shares His Top Altcoin Picks

Posted on May 3, 2024 by ante — No Comments ↓

In his most recent publication dated May 2, 2024, Arthur Hayes, the founder of exchange BitMEX, shared his insights into the crypto market’s recent tumultuous behavior and the broader macroeconomic signals shaping potential future trends. Titled “Mayday,” his essay directly addresses the crypto market, which has experienced significant volatility since mid-April. Stealth Money Printing Is… Continue reading Buy Crypto In May, Go Away: Arthur Hayes Shares His Top Altcoin Picks→

Is Ethereum Back? Record 267,000 New Users Spark Speculation

Posted on May 3, 2024 by ante — No Comments ↓

The winds of change are swirling around Ethereum, the world’s second-largest cryptocurrency. Despite a recent price dip, the network has witnessed a surge in new user activity, sparking a wave of optimism. However, the outsized influence of large holders, known as whales, continues to cast a long shadow. New Wallets Open For Business Data from… Continue reading Is Ethereum Back? Record 267,000 New Users Spark Speculation→

Ethereum “Has Been A Major Disappointment”: Trader Weighs In On This Crypto Cycle

Posted on May 3, 2024 by ante — No Comments ↓

This crypto cycle achieved some remarkable feats during Q1 2024, including the highest monthly and quarterly close in Bitcoin (BTC) history. However, BTC suffered a retrace that dragged Ethereum (ETH) and the rest of the crypto market down as the year’s second quarter started. Now that we are one month into Q2, the market faces… Continue reading Ethereum “Has Been A Major Disappointment”: Trader Weighs In On This Crypto Cycle→

Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability

Posted on May 3, 2024 by ante — No Comments ↓

Layer 2 (L2) blockchain Eclipse and developer-oriented bridge Neon EVM have formed a new collaboration to implement changes in the blockchain landscape, increasing interoperability and scalability with the integration of Ethereum (ETH) and Solana (SOL). Aiming to combine the capabilities of both blockchains, Eclipse has consolidated the compatibility between the Ethereum Virtual Machine (EVM) and… Continue reading Eclipse And Neon EVM Drive Solana-Ethereum Integration For Blockchain Interoperability→

Ethereum “Has Been A Major Disappointment”: Trader Weights In On This Crypto Cycle

Posted on May 2, 2024 by ante — No Comments ↓

Fresh Money From Retail Traders Flows Into Copy Trading As Crypto Derivative Expands: Margex Report

Posted on May 2, 2024 by ante — No Comments ↓

Coinbase won approval to offer cryptocurrency derivative trading to U.S. retail customers, fueling much hope and momentum to the $2.1 trillion cryptocurrency derivative market. Coinbase’s approval arrived following a significant decline in derivative trading volume due to economic uncertainties, regulatory struggles, and a reduction in risk from high wealth accounts and retail traders. Derivative trading,… Continue reading Fresh Money From Retail Traders Flows Into Copy Trading As Crypto Derivative Expands: Margex Report→