Category: cryptocurrency market

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NFT Sales Rise by 11% This Week as Buyers Surge 95% in Latest Data; ETH Dominates With $85.43 Million in Sales

In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a total of 664,096 buyers. This Week’s NFT Sales See a Modest Rise of More…
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Bitcoin gets closer to ‘51% attack’ on altcoin market

Bitcoin’s market dominance index has failed to sustain above 50% since April 2021 — so will this time be any different? Bitcoin’s (BTC) percentage share in the crypto market has risen to nearly 50% in the aftermath of the last week’s altcoin market rout. On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC’s…
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BNB Plunges 9% as Binance Faces Lawsuit, Exchange’s Bitcoin Reserves Record Significant Outflow

Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its founder Changpeng Zhao (CZ), the crypto economy experienced a substantial decline of over 5% against the U.S. dollar, reaching a total valuation of $1.13 trillion. Among the leading digital currencies, Binance’s BNB token suffered significant losses, dropping by 9.7%…
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Meme Coin Pepe Sees Steep Decline in 30 Days, Losing 70% Since All-Time High

According to statistics, the meme coin asset pepe (PEPE) still holds the third position in terms of the largest meme token market capitalization. However, PEPE has lost over 70% in value during the past 30 days. Pepe Value Slides 26% Lower Over the Past 2 Weeks The meme coin pepe (PEPE) has experienced a significant…
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Best Crypto to Buy Now 18 May – Decentraland, Axie Infinity, XRP

Bitcoin’s price has once again dipped below $27,000, indicating a slight selloff in the broader cryptocurrency market. At the time of writing, Bitcoin is trading at $26,632 and experiencing a loss of 2.83% so far today. Other major cryptocurrencies, such as Ethereum (ETH) and Binance Coin (BNB), are also experiencing a decline, with losses of…
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Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than…
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How are Bitcoin options traders positioning for the US banking crisis?

The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections. For the past 14 days, cryptocurrency markets have been trading within an unusually tight 7.1% range. In other words, investors are unwilling to place new bets until there’s additional regulatory clarity, especially in…
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Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99%…
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Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days

If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own. Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than…
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Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million

Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April…
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