In recent years, interest in meme coins has increased significantly. In terms of popularity, two of these meme cryptocurrencies, Dogecoin and Shiba Inu, are among the top ten most well-known cryptocurrencies in terms of market capitalization. What started as a digital market experiment has turned into the currency of the future. Over the past week, meme coins have grown by … Read more
Forex and CFD broker Axi (a regulated company from Australia) has expanded its asset list by adding more than 30 cryptocurrency CFD contracts, including the most popular and actively traded crypto assets such as Bitcoin, Ethereum, Cardano, and Solana, among others. In addition to traditional cryptocurrencies, Axi offers tokens from DeFi (decentralized finance), Ethereum tokens, and smart contract tokens. In … Read more
For the first time since July 2023, the correlation between both assets, Bitcoin and the Nasdaq 100 stock index, enters negative territory. Nasdaq 100 includes a hundred non-financial technology companies from the United States. Stock markets have fallen due to the turmoil of conflicts in the Middle East. Bitcoin (BTC) has lost correlation with major Wall Street stocks while remaining … Read more
Stablecoins are a type of cryptocurrency that are designed to maintain a stable value relative to a particular asset or basket of assets, such as fiat currencies (e.g., USD, EUR), commodities (e.g., gold, silver), or other cryptocurrencies. Unlike other cryptocurrencies such as Bitcoin or Ethereum, the value of stablecoins is not determined by market supply and demand. Instead, stablecoins are … Read more
Binance spot trading volume soars on whale purchases of BTC. Despite the bitcoin (BTC) bear market, there are signs of significant buying by large whales, CryptoQuant CEO Ki Young Ju noted on Twitter. These BTC purchases could indicate that there are entities that are seeing an investment opportunity at current prices, below USD 20,000. Binance’s spot BTC trading volume rose … Read more
Trading on CoinEx is now more comfortable, easier and provides you with more information. Learn about the new feature that will allow you to better navigate the market. The ‘Market Overview’ feature allows the trader to observe new statistics in real time. Rankings, distribution of orders, distribution of price changes are the added functions. According to its official announcement, CoinEx … Read more
Bitcoin futures contracts offer traders greater flexibility and access to leverage for greater exposure. Futures contracts are a type of financial derivatives that allow the trader to speculate on the price movements of assets such as commodities, stock indices, or cryptocurrencies, such as bitcoin. Bitcoin futures contracts allow you to speculate on the price of bitcoin at a future date. … Read more
June ends with bitcoin’s worst monthly close since 2011, down 37%. If the control of inflation in the US works, the markets will resume the boom. Ending the first half of the year, the bearish outlook in the bitcoin market is accentuated. June is about to close with the biggest monthly losses since 2011, around 37%, while the price drop … Read more
At the time of writing this article, bitcoin is trading above $19,100. So far this week, the drop exceeds 27%. What market analysts and investors feared has finally happened: the price of bitcoin broke the level of 20,000 dollars downwards this Saturday, June 18, which also implies the breaking of a historical pattern for the cryptocurrency in the market. During … Read more
Dogecoin lost almost all of its value following the surge in social media. Its price drop intensified in the general bear market for cryptocurrencies. The price of the cryptocurrency dogecoin (DOGE) fell 93% from its all-time high 14 months ago. The depreciation has caused it to lose almost all the growth it had had, driven by the massive sales of … Read more