News that Solana Labs, the company behind the development of the smart-contract-enabled, high-performance Solana blockchain, will launch its crypto-integrated Android mobile phone on the 8th of May has failed to boost the Solana (SOL) price on Friday. After hitting fresh highs since mid-February in the mid-$25s per token earlier in the session, SOL was last…
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Luna Classic (LUNC), the token that powers the original but now largely defunct Terra blockchain, has seen a strong rebound from its Wednesday lows on Thursday and, as per CoinGecko, was last trading around 3.5% higher in the last 24 hours just above $0.0001250. The cryptocurrency had dipped as low as $0.00012 on Wednesday, dropping…
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Dogecoin (DOGE), the cryptocurrency that powers the decentralized, payments-focused, dog meme-inspired Dogecoin blockchain, was last up around 3% in the last 24 hours, as per data from CoinGecko. DOGE was last changing hands around $0.085, up around 5.5% from last week’s lows in the $0.08 area, with the cryptocurrency having seen a solid bounce from…
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The Bitcoin price jumped back into the $29,000s on Monday and, according to some exchanges, hit its highest level since June 2022 in the $29,300s (some exchanges had the BTC price remaining just below its February 24 high). Though volumes remain lower than usual for a Monday given the closure of most major traditional asset…
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Over the weekend, the cryptocurrency market experienced low volatility as Bitcoin continued to trade around $28,000. With prices moving sideways and trading volume increasingly declining, heightened volatility may be on the horizon. Hence, people looking to invest in the cryptocurrency market should closely monitor upcoming events and key indicators that could affect the selection of…
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Shiba Inu (SHIB), the dog-meme-inspired ERC-20 token that powers the Shiba Inu web3 ecosystem, has had a higher market capitalization than Tron (TRX), the cryptocurrency that powers the Tron blockchain protocol, since mid-March. This partially reflects suppression of the TRX price owing to news last month that the US Securities and Exchange Commission (SEC) is…
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Shiba Inu (SHIB), the world’s second-largest dog-inspired meme coin with a market capitalization of close to $6.5 billion, was last changing hands close to $0.000011 per token, broadly flat on the day. Trade in cryptocurrency markets on Friday has been subdued with most traditional financial markets in Europe and the Americas closed for Good Friday….…
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Despite repeated failures by the Bitcoin price to test the $30,000 level in recent weeks over the course of the last three weeks, investors remain bullish, according to options market data presented by crypto analytics firm The Block. Bitcoin has spent the last three weeks trading with $1,500 of the $28,000 level as bulls take…
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After hitting its highest level in a little under eight months on Wednesday in the mid-$1,900s, Ether (ETH) is experiencing a modest pullback and was last changing hands in the mid-$1,800s. On the day, the world’s second most valuable cryptocurrency by market capitalization that powers the world’s most widely used smart-contract-enabled Ethereum blockchain is down…
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Major cryptocurrency exchanges have been experiencing net negative BTC flows into their Bitcoin wallets over the last few days, according to on-chain data presented by crypto analytics firm Glassnode. Flows into exchange wallets had been mostly positive since mid-February and the reversal could be a sign that sentiment in the Bitcoin market is improving…. Read…
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