Investor Strikes Gold: $296 Meme Coin Investment Yields $620,000 in Just Four Hours
TL;DR A trader turned a $296 investment into $620,000 in just four hours by buying and selling the meme coin SLOP. The trader initially bought...
Category : Market
Market News
Cryptocurrencies and blockchain have grown to create a market worth many billions of dollars today.
Despite being fairly recent (Bitcoin was created in 2008) there are digital currencies that already have more market value than large companies that have been operating for decades.
In this section, we are going to analyze all the details about the most recent news emerging in the cryptocurrency and blockchain market.
Suspension of Stimulus in China Could Drive a Capital Reallocation Towards Crypto Sector
TL;DR China has suspended economic stimulus measures, affecting global financial markets, especially the crypto industry. QCP Capital anticipates a capital reallocation towards cryptocurrencies, considering that...
SynFutures Launches Election Perpetuals for the 2024 Elections
TL;DR SynFutures launches perpetual futures contracts for the 2024 US presidential election. Contracts allow betting with up to 10x leverage on Donald Trump or Kamala...
Cryptocurrencies Absent Once Again at the Second 2024 Presidential Debate
TL;DR Cryptocurrencies were not a topic in the second presidential debate between Kamala Harris and Donald Trump. Polymarket showed a tie in its prediction of...
Bitwise Predicts a Crypto Market Rally in the Last Quarter
TL;DR Matt Hougan of Bitwise predicts a crypto rally for the last quarter of 2024 as macroeconomic uncertainty clears. September has historically been unfavorable for...
Toncoin Traders Bearish: Potential Short Squeeze on the Horizon
TL;DR Bearish Sentiment: Around 70% of Toncoin traders have shifted to short positions, with the Long/Short ratio dropping from 1.15 to 0.36, indicating a significant...
Bear Market Ahead? Uncertainty Among Investors
TL;DR Bitcoin (BTC) and Ethereum (ETH) are experiencing a significant drop, causing uncertainty and speculation about a possible “bear market.” Bearish market mentions are increasing,...
Market Bets $11 Million on Fed Rate Cut for September 2024
TL;DR The market has bet a total of $11,004,782 on possible Fed interest rate changes by September 2024. Most expect a 25 basis point decline,...
Expert Believes Crypto Market Has Passed Its Most Critical Phase
TL;DR Fundstrat founder Tom Lee believes the worst moment of the cryptocurrency market correction is over. Lee highlights the stabilization of the volatility index (VIX)...
Crypto Market Crash: Massive Liquidations Exceed $1 Billion
TL;DR Over $1.14 billion in cryptocurrency futures liquidations in 24 hours. Most of the liquidations were of long positions, with Bitcoin and Ethereum leading the...