Ethereum’s market dominance is still under immense pressure, reaching lows not seen since 2019-2020. With its share of the market shrinking fast, the price of ETH is in danger of a significant decline to as low as $1,100. Recent weeks’ decline has been blamed on various factors, from growing competition...
Ethereum has been under heavy bearish pressure lately with its price dropping and short bets skyrocketing. On Tuesday, ether traded just over $1,600. Yet, it has quickly retraced 2% to $173 during the past 24 hours. This crypto winter has resulted in more aggressive short selling, as well as a...
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 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...
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...
We will be announcing our first real-world asset (RWA) token, slated for launch on June 19th, 2025 at $0.25. Labeled as a “transformative initiative,” the program’s goal is to grow to a billion-dollar market capitalization. By enabling fractional ownership, Rexas Finance aims to democratize investment in assets traditionally reserved for...
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 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,...
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...
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%...