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Tag: Crypto Market

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MARA Reports $125 Million Net Loss in Q3 Despite Bullish Crypto Market

In Brief MARA reports $125 million net loss in Q3, with a $92 million rise in operating costs year-over-year. Despite setbacks, MARA’s energized hash rate surged 93%, boosting operational potential amid challenging mining conditions. Following Trump’s re-election, MARA anticipates pro-crypto regulations, supporting future mining and diversification into AI. In its Q3 2024 shareholder letter, Bitcoin…
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Why Is the Crypto Market Down Today?

In Brief The crypto market cap dipped, unable to breach $2.40 trillion, facing potential support at $2.29 trillion amid cautious sentiment. Bitcoin pauses near ATH at $73,800; a further dip to $71,367 could delay a new high, though investor optimism may sustain the uptrend. Celestia fell 11%, losing $4.96 support; holding $4.52 is key, with…
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Why Is the Crypto Market Up Today?

In Brief The crypto market cap rose to $2.38 trillion, nearing $2.40 trillion resistance; surpassing this could lead to a $2.50 trillion target. Bitcoin is less than 2% away from its all-time high at $73,773, but a fallback to $71,367 support may delay the bullish rally. SUI’s 17% rise brings it to $2.08; breaching its…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap fell by $47 billion, dropping below $2.11 trillion and testing support at $2.08 trillion. Bitcoin’s price dropped to $60,947, but it holds above the critical $60,000 support level, with eyes on breaking $61,868. Aptos (APT) declined by 9%, trading at $8.42, with key support at $8.23. A recovery…
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Why Is the Crypto Market Down Today?

In Brief The total crypto market cap lost over $50 billion amidst the concerns around the arrest of Telegram CEO Pavel Durov. Bitcoin’s price failed to breach the $65,300 resistance level, falling back down to test the $63,000 support. Telegram’s Notcoin saw one of the largest declines in the last 24 hours, inching closer to…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap prevented a drop below $2.00 trillion over the last 24 hours. Bitcoin’s price noted minimal changes over the past day, trading under the $60,000 mark. 1000SATS price witnessed a massive run-up of 25%, reentering previously tested consolidation. The total crypto market cap (TOTAL) is attempting to recover and…
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Why Is the Crypto Market Up Today?

In Brief The total crypto market cap witnessed an addition of $210 billion in one day. Bitcoin’s price rallied beyond $60,000, set to test it as support and push further. SUI token emerged as the best performer of the day with a 38% rally in 24 hours. The total crypto market cap (TOTAL) seems to…
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Crypto Market Awaits Reaction After German Government Now Has Zero Bitcoin

In Brief The German government has concluded its major Bitcoin sell-offs, leaving its wallet completely empty. These transactions involved significant transfers to several major exchanges and institutional services. The crypto community reacted positively to this development, with Bitcoin’s price slightly increased. The German government has finally emptied its Bitcoin (BTC) wallet. On-chain data reveals that a…
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Why Is the Crypto Market Down Today?

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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Ripple CEO Predicts XRP ETF Launch by 2025 Amid Growing Crypto Market Interest

In Brief Ripple CEO Brad Garlinghouse forecasts XRP ETF arrival in 2025. Garlinghouse cites growing interest in diverse crypto investments. He highlights the potential impact of political and market dynamics. During a recent interview on The Claman Countdown on FOX Business, Ripple CEO Brad Garlinghouse expressed strong confidence in the future of an XRP exchange-traded…
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