In Brief The total crypto market cap fell to $1.94 trillion due to the Federal Reserve’s hawkish stance, marking a four-month low. Bitcoin’s price dropped from $61,500 to $54,500, potentially heading toward $50,980 as per the double top formation. Meme coin Brett declined by 24% in 24 hours, trading at $0.112, and risks further drops…
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In Brief PEPE price noted a remarkable yet relatively small recovery of 9%, attempting to push the price to $0.00001000. However, the traders betting on a further decline in price lost over $17 million in a day as the price rose. Whales are also hopeful of a recovery as they accumulated over 1 trillion PEPE…
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In Brief Celsius settles three-year litigation with KeyFi CEO Jason Stone over alleged fraud and broken agreements. KeyFi managed Celsius investments from August 2020 to March 2021 based on an MOU. Stone claimed Celsius ran a Ponzi-like scheme, misleading about its risk management protocols. The now-defunct crypto lending platform Celsius has settled its three-year-long case with…
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In Brief After initially falling below $28, EGLD’s price climbed by 7.15% in 24 hours to join the leaders. OM, the native token of Real-World Asset project MANTRA, takes second place with a 11% weekly increase. LayerZero’s 29.30% increase makes it the surprise entry as it posted more gains than the other two. Talks of…
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In Brief ZRO price noted a near 31% decline in merely 48 hours before making a sharp comeback today. The Open Interest has declined by almost 50%, dropping from $112 million to $66 million in a week. The Chaikin Money Flow relays the same sentiment as the selling pressure continues to build on ZRO. LayerZero…
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In Brief XRP price is slowing its drawdown after falling below $0.50 in the last two weeks. Whales have accumulated over 100 million XRP worth $47 million in the last 48 hours. Retail investors are not very active in the network, which could counter whales’ bullishness. Ripple’s (XRP) price action has consistently disappointed its investors,…
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In Brief Skepticism about the spot ETF delay led Ethereum-related investments to reach its lowest since August 2022. Exposure to ETH leveraged positions continues to rise, according to a recent research. ETH’s price may decrease to $3,190 as a sell-wall appears between $3,290 and $3,386. Contrary to previous anticipation and predictions, the several spot Ethereum…
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In Brief Bitwise updates S-1 filing with the SEC, including a six-month fee waiver plan. Market analysts predict a possible July 15 launch for the spot Ethereum ETF. The SEC review and approval are key to the ETF’s expected market entry. Asset manager Bitwise recently updated its S-1 filing for its spot Ethereum exchange-traded fund…
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In Brief Fetch.AI (FET) jumped 20% following Injective’s collaboration hint. The crypto community fueled FET’s price surge with speculations. AI-related tokens outperformed during a broader market downtrend. Fetch.AI (FET) has seen a nearly 20% increase in value over the last 24 hours following a tweet from Injective hinting at a potential collaboration. This surge comes…
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In Brief XRP price is slowing its drawdown after falling below $0.50 in the last two weeks. Whales have accumulated over 100 million XRP worth $47 million in the last 48 hours. Retail investors are not very active in the network, which could counter whales’ bullishness. Ripple’s (XRP) price action has consistently disappointed its investors,…
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