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The cryptocurrency market extended its slide on Thursday, with Bitcoin price briefly falling under $110,000 before regaining some ground. CoinGecko data showed that the Bitcoin price dropped to $107,500 from $110,400, representing a decline of 3% in the past 24 hours. Most major altcoins followed the same path. Nine of the top ten non-stablecoin assets traded … Read more
SNX, the token that powers Synthetix, a DeFi platform built on Ethereum (ETH) is facing a downward price movement. The token is used as a collateral to mint synthetic assets i.e. digital versions of real-world currencies, commodities and stocks. At the same time, users can stake SNX to earn rewards and participate in governance decisions. … Read more
A discounted $50M Solana buy just collided with fresh tariff jitters, testing whether corporate demand can steady SOL in a risk-off week. Abu Dhabi–based Solmate Infrastructure (Nasdaq: SLMT) said on Oct. 14 that it purchased $50M worth of SOL directly from the Solana Foundation at a 15% discount. We bought the dip.Solmate has acquired $50 … Read more
Bitcoin Bitcoin BTC $114,500.65 3.05% returned above $115,000 on Sunday, stabilizing after one of the craziest market downturns of the year. Ethereum Ethereum ETH $4,123.19 8.67% is trading around $4,185, Solana Solana SOL $194.02 8.09% near $198, and XRP XRP XRP $2.59 8.33% at $2.61, each showing signs of steady recovery despite elevated volatility across … Read more
Breaking news: President Trump announces Columbus Day is BACK! So if you’re asking, “Why is the US market closed today?” that’s why. “We’re calling it COLUMBUS DAY,” Trump said last week. *Entire room applauds* We really need a higher bar for decorum in this country. Meanwhile, the crypto market just weathered one of its wildest … Read more
Gold’s new record and a fresh US government shutdown put crypto on edge, with Bitcoin hovering near $116,000 as traders brace for data blackouts and a foggier Fed path. The United States entered a federal government shutdown overnight, rattling markets worldwide. Gold surged to an all-time high, while the dollar weakened, as crypto traders debated whether … Read more
It was a tough week for BTC USD. The good news is that a positive shift is underway. After a concerning dip, the Bitcoin price steadied, closing with a long lower wick that signals strong buying pressure. The digital gold found support at $108,900 before staging a robust bounce, closing above $110,000. Right now, BTC … Read more
The NFT market has posted solid growth with sales volume rising by 8.13% to $129.1 million. This is the third consecutive week of gains, despite the weakness in the crypto market. Summary NFT sales posted 8% growth to $129.1 million marking three consecutive weeks of gains Market participation surged with buyer counts more than doubling … Read more
The FTX Recovery Trust has taken legal action against Genesis Digital Assets and several people linked to the company. They’re asking the court to help recover around $1.15 billion that they believe was transferred under suspicious circumstances. The lawsuit is being handled in the US Bankruptcy Court in Delaware and is tied to the ongoing … Read more
The NFT (non-fungible token) market has continued its recovery with sales volume rising by 4.09% to $109.8 million. Summary NFT sales continued recovering with 4.1% growth to $109.8 million CryptoPunks posted the week’s standout performance with 136% growth Market participation rebounded strongly with buyer counts up 53% and seller counts up 67% This is the … Read more
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