The post Toncoin Plunges 17% Post ATH! Will TON Price Recover Again? appeared first on Coinpedia Fintech News The bearish trend continues to hover over the cryptocurrency industry as the market has recorded a correction of 4.37% within the past 24 hours with top tokens recording significant drops in their respective portfolio. Further, the TON […]

Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought, […]

Dogecoin is struggling below the $0.180 resistance zone against the US Dollar. DOGE must stay above the $0.1450 support zone to start a fresh increase. DOGE started a fresh decline below the $0.1750 zone against the US dollar. The price is trading above the $0.1700 level and the 100 simple moving average (4 hours). There […]

Bored Ape Yacht Club (BAYC), once a flagship collection in the Ethereum non-fungible token (NFT) market, witnessed its floor price tumble to a new low. Recent data from Blur indicates that the BAYC’s floor price momentarily dipped below 11 Ethereum (ETH), settling at 10.89 ETH. This dip signifies a steep decline of 12.08% in just […]

“Our growing concern is that risk assets (stocks and crypto) are teetering on the edge of a significant price correction. The primary trigger is the unexpected and persistent inflation. With the bond market now projecting less than three cuts and 10-year Treasury Yields surpassing 4.50%, we may have arrived at a crucial tipping point for […]

The XRP locked in XRPL AMM pools has surpassed the 2.1 million mark, triggering speculation that the automated market maker functionality could contribute to an XRP supply shock. The XRP Ledger is evolving into a more resilient ecosystem with the integration of impactful DeFi protocols. Particularly noteworthy is the newly implemented AMM functionality, which has […]

Despite market turbulence, the Shiba Inu crypto continues to capture attention, fueled by an unprecedented burning frenzy within its community. In the face of price dips and a broader crypto market crash, the SHIB community is intensifying its efforts to burn SHIB tokens, driving a surge in burn rates. Notably, this remarkable trend has implications […]

Miners’ shares have lagged as bitcoin outperformance has sucked retail liquidity from mining stocks, the report said. Source link

Bitcoin’s BTCUSD growing dominance over the last 15 years signifies the importance of the mechanisms creator Satoshi Nakamoto devised to overcome the shortcomings of the fiat ecosystem — one of them being halving.  Nakamoto invented the Bitcoin halving mechanism, which reduces the BTC rewards for mining over time to slow down the issuance of the […]

Norway has taken a significant step towards regulating its data center industry, with the introduction of new legislation that aims to restrict energy-intensive crypto mining in the country. The move comes as Norwegian lawmakers express concerns over the environmental impact of Bitcoin mining and seek to exercise greater control over the types of projects allowed […]