Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,252,920,519,067.71
  • 24h Vol: $61,516,823,410.59
  • BTC Dominance: 55.61%
venezuelan-opposition-leader-proposes-establishing-a-bitcoin-reserve

Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve

Leave a Comment / Bitcoin, bitcoin reserve, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, inflation, Maria Corina Machado, News, Venezuela / / / , , , , , ,

Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic […]

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recession-concerns-ignite-amid-us-economic-slowdown-and-market-volatility

Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Economic Downturn, Economics, employment concerns, Ethereum, Financial Markets, GDP slowdown, inflation, interest rates, market volatility, Recession, Social Media, U.S. economy / / / , , , , , , , , , ,

In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day, with users discussing the likelihood of an economic downturn. Social Media Buzzes

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bitcoin-hashrate-hits-record-high-as-prices-drop-below-$55k

Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

Leave a Comment / Bitcoin, Bitcoin network, Blockchain, computational power, Crypto Hacked, Cryptocurrency, Ethereum, hashprice, Hashrate, Mining, mining rewards, zettahash / / / , , , , , , , , ,

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday, a slight bump of 2 EH/s over the previous

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sonic-svm-announces-launch-of-hyperfuse-nodes-in-solana’s-first-node-sale

Sonic SVM Announces Launch of Hyperfuse Nodes in Solana’s First Node Sale

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, decentralized infrastructure, Ethereum, gaming blockchain, Hyperfuse Nodes, Solana, SVM technology / / / , , , , ,

The first atomic SVM chain on Solana, Sonic SVM, has announced the launch of Hyperfuse Nodes, marking the first node sale in the Solana ecosystem. The sale offers participants access to Sonic’s Solana Virtual Machine (SVM) technology and a potential opportunity to earn tokens. Sonic SVM Unveils Hyperfuse Nodes According to the announcement shared with

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nft-sales-slip-7.69%-in-early-september-as-digital-collectible-market-adjusts

NFT Sales Slip 7.69% in Early September as Digital Collectible Market Adjusts

Leave a Comment / Bitcoin, Bitcoin-Based NFTs, Bored Ape Yacht Club, Crypto Hacked, Cryptocurrency, cryptopunks, Digital Assets, Ethereum, Guild of Guardians, Immutable X, Market Updates, NFT market trends, NFTs, Solana / / / , , , , , , , , , ,

After a dip in August, the first week of September didn’t bring much sunshine to the world of non-fungible tokens (NFTs). Sales slid by 7.69% over the seven-day period. The total number of NFT transactions was just over 1 million, which is a notable 36.93% drop from the previous week. September NFT Sales Struggle With

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stablecoin-economy-expands-$1.08b-in-2-weeks-despite-reductions-in-key-coins

Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

Leave a Comment / Altcoins, Bitcoin, Blockchain, crypto economy, Crypto Hacked, Cryptocurrency, DAI, Ethereum, FDUSD, market growth, Stablecoin, Tether, USDC, USDT / / / , , , , , , , , , ,

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent

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report-highlights-short-term-bitcoin-holders-facing-heightened-unrealized-losses

Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Ethereum, financial strain, glassnode, investor stress, market pressure., Market Updates, Price Volatility, sell-side risk, short-term holders, unrealized losses / / / , , , , , , , , , ,

A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting they may drive future sell-side activity. Glassnode: Unrealized Losses Climb for Short-Term Bitcoin Investors According to Glassnode’s onchain analysis, short-term bitcoin (BTC) holders are currently

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september-crypto-crash-wipes-out-$170b,-bitcoin-and-ethereum-take-the-biggest-hit

September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit

Leave a Comment / binance coin, Bitcoin, Crypto Hacked, crypto market, crypto-volatility, Cryptocurrency, cryptocurrency losses, Digital Assets, Ethereum, Market Caps, Market Downturn, Market Updates, Solana / / / , , , , , , , , , ,

Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible for 78.82% of the week’s losses. These two heavyweights saw their combined market caps shrink the most, dragging the entire market down with them. Crypto’s

September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit Read More »

spatial-computing-expert:-ai-didn’t-contribute-to-metaverse’s-decline

Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline

Leave a Comment / Artificial Intelligence, Augmented Reality, Bitcoin, Crypto Hacked, Cryptocurrency, DePINs, Ethereum, Interview, Metaverse, NFTs / / / , , , , ,

Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences and making digital interactions more natural, intuitive, and engaging. Metaverse, NFT Decline

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computer-scientist:-users-will-value-decentralized-systems-more-as-web3-tech-matures

Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures

Leave a Comment / Bitcoin, Blockchain, Crypto Hacked, Cryptocurrency, data, Decentralization, Ethereum, Interview, Web3 / / / , , , ,

The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is how decentralization can address real-world issues. Users Set to Value Decentralized Systems More As an

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