The drop in Bitcoin’s (BTC) value by more than 7% in the past 24 hours caused a total loss of approximately $256 million for investors holding long positions. Despite the rising geopolitical tensions in the Middle East, analysts maintain that this is not an unusual development. “Up until now, this decline is typical. We’ve experienced … Read more
There has been a growth in new demand for BTC over the past week The last 12 hours have seen a decline in the same though According to Santiment’s data, the number of Bitcoin [BTC] wallets with a balance other than zero has increased, even though the price of the coin has experienced some recent … Read more
ADA’s 0.14 correlation with Bitcoin places it at further risk despite recent correction Bulls might help the token rise towards $0.55 in the short term Cardano‘s [ADA] value decreased significantly in the past 24 hours, dropping by 13.27% and reaching a price of $0.50. Earlier in the day, ADA had even touched a low of … Read more
Institutions sold ETH worth $105 million during the latest correction On-chain data suggested the decline could be an opportunity to buy before another rally starts Four institutional investors, among them well-known whales in the Ethereum market, sold off some of their Ethereum holdings. As a result, the price of Ethereum dropped by more than 7% … Read more
Israel versus Iran faceoff takes a fresh turn after Iran launched dozens of drones in an act of retaliation The possible situation of a war breakout has resulted in the entire crypto-market taking a huge plunge In the wee hours of the local time, Iran formally initiated hostilities against Israel, causing the Middle East to … Read more
Polygon maintained high NFT trading volumes over the past month Both revenue collected and activity soared across the network “Polygon [MATIC] continues to hold a strong position in the world of NFTs, even with increased focus on rival platforms. It has managed to keep its leading role in the NFT market.” NFTs save the day … Read more