Crypto Market Suffers $1 Trillion Loss: XRP, ADA, and DOGE Hit Hard
The crypto market has kicked off the week with sharp losses, shedding $1 trillion in market value in a single day. A staggering $1.76 billion worth of crypto assets were liquidated in the past 24 hours, with long positions accounting for $1.58 billion of the total. Over 600,000 trades were
Bitwise CIO Matt Hougan Calls for Regulatory Clarity in Crypto
Bitwise CIO Matt Hougan has recently raised concerns over the lack of regulatory clarity for the cryptocurrency industry, especially in light of the ongoing debate about whether crypto assets should be classified as securities or commodities. In a recent X thread, Hougan explained that the regulatory uncertainty is hurting the
Why Is Today’s Crypto Market Down? $1.5 Billion in Bitcoin Liquidation
The cryptocurrency industry registered heightened volatility in the past 24 hours as Bitcoin (BTC) price dropped more than 6 percent in the past 24 hours to reach a daily range low of about $94,725. The altcoin sector was heavily impacted by the sudden Bitcoin drop, with the TOTAL2 shedding more
Unlocking the Future: A Beginner’s Guide to Investing in Cryptocurrency
As cryptocurrency gains momentum globally, it’s no longer just tech enthusiasts diving in; everyone from seasoned investors to curious newcomers is exploring this digital frontier. If you’re considering stepping into the crypto world, here’s a fresh guide to help you navigate the investment landscape wisely. What is Cryptocurrency, and Why
Navigating the Crypto Maze: A Beginner’s Guide to Smart Cryptocurrency Investments
As cryptocurrency becomes a global phenomenon, many are eager to dive into this digital gold rush. However, investing in cryptocurrency requires strategy, knowledge, and a cautious approach to avoid potential pitfalls. Here’s a comprehensive guide for beginners. Understanding Cryptocurrency: More Than Digital Money Cryptocurrencies are digital assets built on blockchain
Jupiter (JUP) Aims for $1.90: Will It Reach a New All-Time High?
Jupiter (JUP) has seen an impressive 15.65% rally in the past week. However, momentum has slowed, with a 0.24% drop on the daily chart. Traders are unsure whether the price will rise or fall next. Will bulls take control and push Jupiter higher, or will bearish pressure hold the market down?
Trump Appoints David Sacks as AI & Crypto Czar to Boost Innovation
Donald Trump, the U.S. President-elect, has named former PayPal COO David Sacks as the “White House A.I. & Crypto Czar.” The appointment signals a major shift in U.S. policy toward artificial intelligence and cryptocurrencies. Sacks, a co-founder of Craft Ventures and a prominent figure in the “PayPal Mafia,” is set
Bitcoin: Now the World’s 10th Largest Currency
Bitcoin has reached a historic milestone, becoming the world’s 10th largest currency by market capitalisation. With a current value of $2.04 trillion across 19.8 million BTC, it has cemented its place as a dominant force in global finance. From Humble Beginnings to $2 Trillion Launched in 2009, Bitcoin started as
Binance Announces Delisting of Selected Altcoins
On December 10, 2024, Binance will delist several altcoins, including Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX, and Ren (REN). The exchange stated that this decision was made following regular assessments based on the performance of the projects and sector requirements. Trading for these altcoins will cease on the specified date, and users
Altcoin Surge Signals Market Shift as Bitcoin Rebounds Above $95,000
The cryptocurrency market is witnessing significant shifts as Bitcoin experiences a brief correction, sparking a renewed interest in altcoins. Investors are diversifying portfolios, seeking opportunities in emerging assets while Bitcoin maintains its strong market presence. Bitcoin’s Brief Dip and Recovery Bitcoin saw a slight pullback before rebounding sharply, surpassing the
