As Dogecoin captures market interest with significant trading volume increases, Ethereum Classic investors are experiencing a downturn. BlockDAG emerges as a standout, promising eco-friendly mining and community-focused approach in this vibrant market. With a successful $17.3 million presale and a highly anticipated technical whitepaper, BlockDAG’s presale price starts at $0.005, showcasing its potential for a massive 20,000X ROI and setting new standards for sustainability in the crypto market. Market Trends: Dogecoin Gains Momentum Recent developments in the Dogecoin market have seen a 31% jump in derivatives trading volume and a 13% increase in spot markets, pushing Dogecoin’s price to over…
Author: Web3 Daily Press Staff
Last week, Uniswap Labs raised its fee for those who swap through the Uniswap website to 0.25% from 0.1%.The user-interface fee has generated over $16 million in cumulative fees since Uniswap Labs first implemented the fee last October.The higher fee may help Uniswap Labs pay for its possible legal fight with the SEC, after the agency indicated last week it may sue the decentralised exchange.Uniswap Labs raked in a daily all-time high in fees of around $727,000 from its 0.25% swap fee Saturday, the same day Iran’s missile and drone strikes on Israel contributed to extreme volatility in the crypto…
Chainlink (LINK) price successfully validated a bearish outcome set towards mid-March but is now looking to reclaim losses. The altcoin is expected to receive support from investors who incurred substantial losses over the past two days, potentially contributing to its recovery. Chainlink Investors Act Bullish Following the massive drawdown that resulted in nearly a 30% decline in Chainlink’s price, LINK holders want to take back said losses. Their intention is visible in their recent actions, which primarily target holding off selling. This can be verified by distributing the investors conducting transactions on the network based on their profitability. The active…
The heartbeat of the cryptocurrency market is ever-throbbing with new opportunities and noteworthy shifts. A recent bird’s-eye view of this bustling landscape has revealed some extraordinary developments among the high-profile players of the crypto world. In a significant move, Bitgo, the renowned digital asset custody service company, has announced an alliance with Arbitrum, the proprietors of the ARB token. In a contrasting subplot, the Cardano (ADA) token has seen its robust dominance wane. Falling from grace, it has lost its place as the ninth largest cryptocurrency by market capitalization. ⭐ Follow us on Google News! ✔️However, not all is volatile…
Benzinga – by Benzinga Insights, Benzinga Staff Writer. Over the past 24 hours, Bitcoin Cash’s (CRYPTO: BCH) price has risen 6.32% to $514.09. This is contrary to its negative trend over the past week where it has experienced a 22.0% loss, moving from $682.87 to its current price. As it stands right now, the coin’s all-time high is $3,785.82. The chart below compares the price movement and volatility for Bitcoin Cash over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and…
Market focus is on the Federal Reserve’s potential interest rate hikes due to stubborn inflation, with some investors considering the possibility of rate increases. Recent economic data, including a Consumer Price Index report showing a 3.5% increase in prices from a year earlier, has fueled speculation about the Fed’s next move. Combined with, heightened instability in the Middle East led to Bitcoin (BTC-USD) being sharply sold off. It now trades for around $66,000 at the time of writing. Still, I think there are some cryptos to buy despite this. For one, it should be noted that Bitcoin traded at some…
Apr 15, 5:59 pmCoindeskHong Kong Approves Spot Bitcoin and Ethereum ETFsHong Kong regulators have approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), signaling the increasing institutionalization of crypto assets. Asset managers such as ChinaAMC, Harvest Global, and Bosera International have been granted licenses to launch these products. While Hong Kong positions itself as a crypto hub, the market size and potential influx of capital may not match that of the US. This news is republished from another source. You can check the original article here
Key Takeaways Bitcoin traded flat as cryptocurrency markets prepare for bitcoin halving later this week.Spot bitcoin exchange-traded funds (ETFs) experienced net outflows last week, a rarity for the new asset class.Uniswap Labs received a Wells notice from the SEC, a sign that the decentralized exchange will be facing a lawsuit from the securities regulator.Monad Labs raised $225 million to build a Layer 1 blockchain to compete with Ethereum and Solana. Bitcoin (BTCUSD) traded flat while spot bitcoin exchange-traded funds (ETFs), which have been driving up bitcoin demand and consequently its price, experienced a rare week of net outflows as the…
In the cryptocurrency world, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) remain three of the most-watched tokens for good reason. Unfortunately, onlookers have seen mostly downside price action over the weekend. Since market close on Friday, these three top digital assets have sunk 4.2%, 2.5% and 11.2%, respectively, as of 12:45 p.m. ET on Monday.An initial sharp decline was seen in all three tokens in early Saturday trading, in line with the reported escalation of the ongoing conflict between Iran and Israel. While each of these three tokens has made up some of this weekend’s initial losses,…
As Litecoin (LTC) price grapples with uncertainty, trading below the $100 resistance level, AVAX experiences a crash triggered by a decline in smart contract deployment. BlockDAG garners significant attention in the cryptocurrency realm. It boasts a remarkable 30,000x ROI potential and accumulated over $17.3 million in presale funds during its ninth stage. Litecoin (LTC) Price Action: Analysis Against the US Dollar Litecoin recently underwent a range movement against the US Dollar, initially struggling to surpass the $106 resistance zone and subsequently experiencing a decline. However, bulls managed to defend the crucial support at $93.50, leading to a bounce-back with the price…