The fear of missing out, commonly known as FOMO, is a powerful emotion that often drives the behavior of seasoned crypto investors. This phenomenon becomes particularly prominent when new cryptocurrency projects announce presales of their tokens, as investors fear they will miss out on the next 1000x gain. The recent price action surrounding BRC20 projects
Bitcoin has shown signs of retracement in recent days, potentially indicating a return to the $30,000 mark. With a 2% loss within the past 24 hours, the cryptocurrency is currently trading at $40,950. On a weekly scale, Bitcoin records a 3% loss, with other top 10 tokens facing similar performance, excluding Avalanche (AVAX). Over the
The recent market rally has been accompanied by a significant pullback, dampening the spirits of many investors. However, amidst this sea of red, there are a few altcoins that have managed to defy the bearish trend. Stacks (STX) is one such outlier, experiencing a remarkable 21% increase in value over the past week, according to
Gone are the days when gamers were captivated by ordinary titles that failed to elicit any excitement or wonder. The gaming industry has become saturated with uninspiring games that lack originality and fail to push the boundaries of innovation. However, amidst this sea of mediocrity, a game called SpaceCatch emerges as a beacon of hope,
Bitcoin has been on an impressive rally this year, with its price soaring by approximately 150% since the beginning of 2021. This remarkable performance has caught the attention of various experts and analysts, leading to speculation about the possibility of Bitcoin reaching the coveted $100,000 mark. One prominent figure who believes in this potential is
Cardano (ADA) has been experiencing a bearish trend in line with the overall weakness seen in the crypto market, particularly Bitcoin. A prominent analyst from the Austin Hilton YouTube channel, renowned for covering cryptocurrency price analysis and predictions, has shared a video update on Cardano’s near-term outlook. The analyst utilizes Elliot Wave analysis, a technical
Shiba Inu (SHIB) has recently experienced a decline in performance, with its price falling by 11% after being rejected from upper trendline resistance. This drop has led to concerns among investors, leading some to question if SHIB is headed towards zero. The movement of a significant amount of SHIB between unknown wallet addresses has further
Decentralized exchanges (DEX) on the Solana blockchain have experienced significant growth, surpassing the trading volume of Ethereum for the first time on December 16. This development highlights the increasing adoption and strength of Solana’s smart-contract-enabled ecosystem. Although Ethereum has since regained its dominance, the brief flip serves as a testament to the flourishing decentralized finance
FTX Debtors recently submitted an amended Chapter 11 reorganization plan, presenting a worrisome scenario for the creditors of the now-defunct cryptocurrency exchange. This plan, if approved, could potentially result in significant financial losses for the creditors. The proposed valuation of the creditors’ claims is based on cryptocurrency prices from November 11, 2022, the same day
FTX Debtors recently filed an amended Chapter 11 reorganization plan, which has garnered significant attention due to the potential losses it may cause for creditors. The plan proposes valuing the creditors’ claims at crypto prices on November 11, 2022, the day FTX filed for bankruptcy. Unfortunately, this particular date became notorious as it marked the
The cryptocurrency markets have experienced a recent surge, which has spilled over into the realm of decentralized finance (DeFi). While decentralized exchanges (DEX) have historically lagged behind centralized exchanges (CEX) in terms of trading volume, the recent market rally has led to increased activity in DEXs. Major platforms such as Uniswap and Curve on the
The cryptocurrency market experienced a 3% decline in its global market cap, dropping from $1.64 trillion to $1.59 trillion. This loss in valuation had a notable impact on major cryptocurrencies like XRP, Cardano (ADA), and Shiba Inu (SHIB), each displaying mixed price actions in response to the market correction. XRP, the native crypto token of
The price of Bitcoin has been a topic of constant speculation and debate among cryptocurrency enthusiasts. As we enter the new year, experts have begun to make their predictions for Bitcoin’s performance in 2024. In this article, we will analyze the forecasts made by Ryan Lee, the chief analyst of Singaporean exchange Bitget, and examine
Cardano (ADA) has experienced a significant surge in its decentralized finance (DeFi) space, with its total value locked (TVL) witnessing a staggering increase. From October 17 to December 15, 2023, the TVL of Cardano has risen from $188.65 million to $431.44 million, marking an impressive growth rate of over 180%. This surge in TVL showcases