Markets

Solana Surpasses Ethereum in DEX Activity Amid TVL Surge

Solana Surpasses Ethereum in DEX Activity Amid TVL Surge

Now with the second-largest blockchain by total value locked (TVL), Solana has crazy $6.9 billion TVL. Part of this increase in TVL is due to a significant rise in decentralized application (DApps) usage. Furthermore, we have seen a significant increase in deposits across platforms contributing to the broader Solana ecosystem.First,...

Stephen Alpher Navigates Crypto Markets and Spot Bitcoin ETF Rise at CoinDesk

Stephen Alpher Navigates Crypto Markets and Spot Bitcoin ETF Rise at CoinDesk

Stephen Alpher is CoinDesk’s new managing editor for Markets, and he comes to the position with deep understanding and experience. He leads CoinDesk’s comprehensive, up-to-the-minute coverage of Wall Street’s latest efforts to capitalize on crypto. Alpher, who lives in New York, writes about the launch of spot bitcoin exchange-traded funds...

Bitcoin Surges Past $84,000 Amidst Mixed Market Signals

Bitcoin Surges Past $84,000 Amidst Mixed Market Signals

Last week Bitcoin grabbed headlines once again as the price of Bitcoin skyrocketed over $84,000, with the highest price hitting over $84,711. However, even with all of the downturns in more mainstream markets, the increase was significant. The Nasdaq 100 was down just 0.2% on the week, with the Dow...

Bitcoin Surges Past $87,000 as Institutional Investment Rises

Bitcoin Surges Past $87,000 as Institutional Investment Rises

Bitcoin (BTC) is back in the spotlight again, breaking past $87,000. In fact, it even hit an all-time high of $88,325 earlier today! This resurgence comes at a time of an all-time high for institutional investment and market sentiment. This momentum has led to rampant speculation that prices will quickly...

Ethereum Struggles Against Bitcoin A Deep Dive into Price Decline

Ethereum Struggles Against Bitcoin A Deep Dive into Price Decline

Ethereum price drop against Bitcoin has made some investors and analysts nervous. Since December 2021, Ethereum has crashed by around 77% in price compared to Bitcoin. The fall has been pronounced, and it’s stopped short of recovering to its all-time high of $4,760 set in November 2021. So, in response,...

XRP's Bullish Momentum Faces Open Interest Dip Amid Market Optimism

XRP's Bullish Momentum Faces Open Interest Dip Amid Market Optimism

The crypto market exhibited heavy trading momentum throughout the weekend. Bitcoin produced one of its most impressive corrections ever, and XRP was still looking bullish. Yet, new information reveals that Open Interest (OI) for derivatives is on a decline even as some XRP wallets continue to increase. This mixed landscape...

Crypto Market Shows Signs of Recovery Amid ETF Outflows

Crypto Market Shows Signs of Recovery Amid ETF Outflows

The crypto market is experiencing a massive comeback of optimism and bullish sentiment. Sentiment among cryptocurrency traders has moved from “extreme fear” to just “fear,” now scoring a value of 31. This move is a significant positive sign of bullish investor sentiment. The entire crypto market capitalization increased by 13%...

BexBack Offers High-Leverage Crypto Futures Trading with Lucrative Bonuses

BexBack Offers High-Leverage Crypto Futures Trading with Lucrative Bonuses

BexBack, one of the leading cryptocurrency derivatives platforms, provides investors great opportunities. With high-leverage trading options and lucrative bonus programs, they are opening up new channels of possibility for traders. For further information, BexBack is based in Singapore with representation and offices in Hong Kong, Japan, USA, UK, and Argentina....

Bitcoin's Price Braces for Potential Breakout Amidst Consolidation

Bitcoin's Price Braces for Potential Breakout Amidst Consolidation

Bitcoin’s price is currently sitting at $84,530 after a 0.3% decrease in the past 24 hours. In fact, some market analysts believe Bitcoin is getting ready for its next major price move in the upcoming weeks. By January 2025 the cryptocurrency had climbed to an unprecedented peak of $108,786. Ever...