Bitcoin witnessed a notable intraday swing from $ 65,569 to $ 73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $ 1.3 trillion, supported by a substantial 24-hour trading volume of $ 89 billion. Bitcoin The analysis of bitcoin’s (BTC) oscillators and …
Ethereum Technical Analysis: Bearish Trends Dominate Across Multiple Timeframes
Similarly to bitcoin’s action, the second largest crypto asset by market cap, ethereum, has seen some market turmoil and a distinct downtrend. As of Jan. 22, 2024, ether has shown a notable decrease, registering a 3.3% drop in 24 hours and a 5.7% decline over the past week. Ethereum Ethereum’s (ETH) market capitalization stands at […]
South Korea’s Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on South Korea’s crypto assets, the most popular traded coins in this region differ from the […]
Paypal and First Digital Stablecoins Dominate in December as Binance USD Heads Toward Extinction
The leading stablecoins, in terms of market capitalization, concluded 2023 with a combined value of around $ 131.69 billion, yet only two of the top ten experienced increases in 30-day supply. Data reveals that tether, the leading U.S. dollar-pegged crypto asset, observed a 2.5% uptick in its supply, while the newcomer, first digital usd, …
Altcoins in the Limelight — LUNC, IOTA, and ORDI Dominate This Week’s Crypto Gains
Over the last week, both bitcoin and ethereum experienced significant upticks, with increases of 13% and 10% respectively. Meanwhile, an array of other cryptocurrencies achieved even more impressive growth during the same period. Notably, terra luna classic (LUNC) surged by 122.5% against the dollar, while the BRC20 token ORDI ascended by 118.3%. Alternative Cryptos Gather […]