Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’

Fidelity Digital Assets Research Report Revises Bitcoin Outlook to 'Neutral'The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions and future outlooks, FDA’s research report provides several predictions for short and long-term trends. Fidelity Digital Assets Spotlights Bitcoin and Ethereum Market Shifts in New […]

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Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%

Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32%According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of 33% this past week, while BONK escalated by 32.7%. Digital Currency Market Grows: 17 […]

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Meme Coins Outperform Broader Crypto Market With Notable Gains

Meme Coins Outperform Broader Crypto Market With Notable GainsIn the past 24 hours, the meme coin crypto economy has risen by 9.6% against the U.S. dollar. The Solana-based meme token BONK emerged as the day’s top performer, climbing 41.8%, while FLOKI saw an 18.7% increase. Top Meme Coins Register Impressive Gains As of April 21, 2024, the meme coin sector is experiencing significant […]

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The Runes Economy: Navigating the Booming Market of Bitcoin-Derived Tokens

The Runes Economy: Navigating the Booming Market of Bitcoin-Derived TokensWhile the BRC20 token economy’s market valuation surpasses $2.8 billion, according to one leading market cap aggregation website, tokens derived from the Runes protocol are beginning to experience price discovery following the launch of the new token standard. The following is a look at several popular runes tokens, detailing their supplies and present market values. […]

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Bitcoin Market Update: Post-Halving Price Dynamics and Market Movements

Bitcoin Market Update: Post-Halving Price Dynamics and Market MovementsBitcoin’s market value has experienced significant shifts following the recent halving event at block height 840,000, which saw onchain fees soar beyond $240 per transaction. This pivotal change coincides with a notable fluctuation in price, demonstrating a complex interplay of supply and demand forces at work. Currently, bitcoin is trading at $64,488, down 4.5% this […]

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Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety

Crypto Market Continues to Slide — QCP Capital Reports Increasing Market AnxietyThe cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to $2,944 per coin. Cryptocurrency Market Loses More Than $400 Billion in a Week Amidst Severe Volatility Since the previous week, the crypto market has experienced […]

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Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines

Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market DeclinesThe past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […]

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Gold and Silver Weather the Storm as Middle East Unrest Shakes Crypto Markets

Gold and Silver Weather the Storm as Middle East Unrest Shakes Crypto MarketsOver the weekend, cryptocurrency assets saw a significant drop, with the crypto economy shedding more than 5% to fall to $2.3 trillion, while precious metals also saw declines, albeit less severe than the digital currency sector. Amidst the ongoing turmoil in the Middle East, gold fell by 1.18% in the last day; however, in contrast […]

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Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 Hour

Massive Bitcoin Market Turbulence Triggers $4,500 Crash; $167M in BTC Longs Erased in 1 HourThe price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value Declines Amid Market Instability; Extensive Liquidations Reported By 4:00 p.m. Eastern Time on Saturday, bitcoin’s […]

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Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market

Cardano Slips to 10th Position, Underperforming in a Surging Crypto MarketAfter holding a leading spot among the top cryptocurrencies for years, cardano (ADA) has recently been relegated to the tenth position. This shift occurred as toncoin (TON) ascended, surpassing the market capitalization of cardano. Toncoin Overtakes Cardano in Market Cap Over the past year, bitcoin (BTC) has increased by 148.4% and ethereum (ETH) by 93.9%, […]

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