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Tag: drop in

Solana TVL and price drop 50%+ from ATH, but gaming DApps could turn the tables

SOL price is down 48% year-to-date and data shows that its decentralized apps use is fading out, but there are a few reasons to remain hopeful.

Will Fantom defy the broader market sentiment? The on-chain metrics say…

Fantom was being considered a good investment option during the bear market of 2021. By marking its ATH in January 2022, Fantom seemed to be in a good spot. However, the FTM holders witnessed a shock when the coin fell by almost 50%. To add to the woes, the token’s price trajectory of late has […]

Axie Infinity, MANA and ALGO Price Analysis: 05 March

Projecting similar patterns of development over the past week, AXS and AlGO were most likely to see a further drop in prices while MANA seemed to be a bit more stable than the rest. Axie Infinity (AXS) Axie Infinity dropped down from the $65.68 mark during mid-February to gain crucial support at the $42.63 level, […]

NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge

The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and […]

What DAOs Can Do: $6.75M in Ethereum for Ukraine

Crypto donations for Ukraine have included funds from DAOs and NFT sales, showing how effectively the Web3 community can mobilize around a cause.

2,262 Bitcoin Addresses Hold at Least 1,000 BTC

The number of Bitcoin millionaires, addresses with 1,000+ coins, has touched its highest level since April 2021. Glassnode’s on-chain data shows that 2,262 BTC addresses are now holding more than 1...

What Might Be Bitcoin’s Next Move: $40,000 or $34,000?

bitcoin price

The post What Might Be Bitcoin’s Next Move: $40,000 or $34,000? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto space appears to not have finished with the roller coaster ride as many crypto assets possess extreme volatility. Bitcoin price ranged high above $45K and Ethereum price was on the verge to smash $3000. But a quick flip dragged the price down which is now expected to discover more lows in the upcoming …

Here’s When Traders Can Expect Altcoin Season 2022! Bitcoin (BTC) Price Predicted To Rally 2x

altcoins

The post Here’s When Traders Can Expect Altcoin Season 2022! Bitcoin (BTC) Price Predicted To Rally 2x appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Following the current bearishness, the crypto market has found itself in yet another difficult scenario. The market’s continuing losses come far too soon, as investors have yet to fully appreciate the bullish market. The main reason for the drop in Bitcoin and other currencies, according to analysts, is the nuclear power plant fire in Europe, …

Here’s Why Ethereum (ETH) is a Better Bet than Bitcoin(BTC) For Traders!

ETh and BTC (1)

The post Here’s Why Ethereum (ETH) is a Better Bet than Bitcoin(BTC) For Traders! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

In terms of ongoing losses, Ethereum is ahead of Bitcoin. As worries of a nuclear tragedy loom over Europe, it has dropped 6.48 percent in the last 24 hours. As a result, investors become uneasy, resulting in a drop in investment. The shift has also diminished weekly gains, which are now predicted to be 0.64 …

China still accounts for 10% of Bitcoin transactions

Despite China’s blanket ban on all crypto-related activities in the country, residents of the country still account for roughly 10% of all global transactions involving digital assets.

The post China still accounts for 10% of Bitcoin transactions appeared first on CryptoSlate.

Week Ahead – Enormous uncertainty

Recession risks mounting It’s been another week of significant volatility in financial markets, one in which European indices edged closer to bear market territory, oil prices hit a 10-year high around $120, and safe-haven gold came close to $2,000. The Russian invasion of Ukraine and the severe sanctions imposed on it by the West have […]

Bitcoin’s Mining Difficulty Corrects for the First Time This Year

Bitcoin’s Mining Difficulty Corrects for the First Time This YearThe mining difficulty of Bitcoin has lowered for the first time this year. The -1.49% adjustment breaks away from Bitcoin’s ...

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