Reacting to the collapse of FTX, the third-largest cryptocurrency exchange in the world, the crypto market took a downturn, with the majority of the tokens trading in the red. Stablecoins were not left out in the bloodbath; most stablecoins...
Solana's price came tumbling after the FTX liquidity crunch. Alameda Research, a trading firm related to FTX, had reportedly invested heavily in the Solana ecosystem, so the steep price decline wasn't based on fear, uncertainty, and doubt (FUD). The...
The cryptocurrency market is currently in a recovery phase. The majority of the major tokens are bullish by a significant margin. This is the first streak of bullish price action since the FTX scandal in November. XRP, the native...
The world's most widely used digital tokens, Bitcoin (BTC) and Ethereum (ETH) are trading with notable gains. Most altcoins are also witnessing an increase in trading volume. As a result, there are currently bullish gains in the cryptocurrency market...
Cosmos (ATOM) started to recover after Bitcoin (BTC) hit $16.19K on November 22nd. Notably, the correction of ATOM's price occurred on November 28 after BTC's price fell from $16.60K on November 27. The market structure for ATOM was still...
The crypto market is still very much in a "winter," with prices falling faster than ever. According to CoinMarketCap, the market capitalization is currently $836 billion. Tokens are still struggling to recover from the price decline. However, Ethereum ($ETH),...
Bitcoin ($BTC) Bitcoin recently surpassed $17,000 for the first time in quite a while. The release of the US PPI and positive sentiments from Twitter CEO Elon Musk preceded the bullish price action. The US PPI shows that inflation...
Solana (SOL) is down 5.46% in the last 24 hours after Binance and OKX announced on Thursday that Solana USDT (SOL) and USDC (SOL) deposits would be suspended. The token is currently worth $13.64. This move comes after Crypto.com...
Following Federal Reserve Chair Jerome Powell's eagerly anticipated keynote speech at the Fed's Jackson Hole, Wyoming, economic conference on Friday morning, the price of Bitcoin (BTC) fell by about 5% in the two hours that followed. The S&P 500...
The rankings for cryptocurrencies have changed today. The native coin of the Polygon blockchain network, MATIC, now has a larger market cap than Avalanche (AVAX). Polygon has flipped AVAX to become the 14th biggest cryptocurrency by market capitalization. This...
