Cryptocurrency markets started declining on October 1st, fueled by tensions in the Middle East, particularly between Israel and Iran. Market Impact of the Israel-Iran Conflict Thus, market confidence was severely shaken after Iran conducted hundreds of missile strikes on Israel and subordinated the overall crypto market cap by 4%. The biggest crypto by market value, Bitcoin,…
Market Overview The cryptocurrency market started the week mixed as global investment market capitalization fell by 1.2% and now stands at $2.27 trillion. However, it is still 3% up from a week ago, though from those figures it appears to be down slightly today. The slight pullback seems the result of traders locking in profits…
Russian Companies Embrace Crypto for Chinese Imports Currently, several Russian companies that are important for electronics production and financial organizations have been allowed to implement cryptocurrency for importing goods from China. Known as the ‘Export Control System,’ this project is managed in cooperation between Russia’s central bank and the Ministry of Finance, and its key…
A Look at MYTH’s Recent Rally Choosing the sector to focus on in the world of crypto, which is rapidly expanding, can be a daunting task. It is easy to miss major opportunities in more established tokens when there is so much information and always that pesky FOMO. However, long-established tokens such as MYTH, which…
Markus Thielen’s Bold Prediction Speaking to LaTribune about the future of Bitcoin, Markus Thielen of 10x Research expects Bitcoin to return to $70,000 within the next two weeks and possibly come close to its ATH of $73,000 in late October. Out of this, Thielen suggests that this could be the reason for this potential rally…
Unbelievable Profit from Memecoin Investment The crypto community learns lessons following an inspiring story of a crypto trader who turned $1300 into $3.4m in 15 days. The trader out of nowhere invested in Moo Deng (MOODENG), which is a hippo-themed memecoin, which either astounding or elicits skepticism from the public. Digesting this shocking 2,554X return,…
Bybit’s New License and Services in Kazakhstan Crypto traders should note that Bybit is the second biggest cryptocurrency trading platform in terms of volume after Binance has recently been granted a full operating license by the Astana Financial Service Authority (AFSA). This achievement enables Bybit to act as an independent market entity in Kazakhstan and…
BTC/USD Surpasses $65K as Market Momentum Builds For several months the cryptocurrency market has been exhibiting a downtrend and finally, it has snapped out. Bitcoin (BTC) has been trading above the 200MA and broke crucial resistance levels to rise to $65,300 at the time of writing. This is crucial as BTC is now above its…
Key Takeaways: Cryptocurrencies: Uniswap (UNI) recouped 8% in the top 20 coins by market capitalization as measured by CoinDesk’s artworks. The altcoin returns for XRP and Aptos (APT) are lesser than the ST upside returns with 0.90% and -0.13% respectively. Crypto Fear & Greed Index transitioned from showing fear and neutrality to greed after an…
Key Highlights: The price of Bitcoin rises by 2.95% crossing $66536 with trading volume increasing by 49.65%. Shiba Inu take the day, and become the most bullish token, with a 21.98% hike in price. Ethereum and Solana continue to experience an uptrend in price and are up by 1.96% and 5.22%, for Ethereum and Solana…
