APE Takes A Beating As It Sheds 50% Of Its Price
APE must cling tight, or else it falls and suffer a major “injury.” Non-fungible tokens and the metaverse are no longer merely buzzwords in the cryptocurrency industry. In 2021 alone, the market for NFTs was valued at $40 billion, a tremendous increase from the previous year. This market has continued to expand this year with the emergence of new NFT marketplaces. We also observed a new coin — ApeCoin — causing a sector-wide ruckus in tandem with this expansion. Suggested Reading | Moonbirds And Solana NFT Trading Volume Is On A Tear As Sales Rally 45% ApeCoin still makes....
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Bitcoin, Ethereum, and other major cryptocurrencies took a beating on Tuesday evening, amid a week that had been anticipated to be tumultuous for the larger crypto and world financial markets. After a week of sustained rallies across the majority of the virtual currency market, prices are falling and the overall market value has dropped below […]
Ether fell to its lowest level in more than a year as altcoins took a greater beating. The second-largest cryptocurrency by market capitalization recently traded for approximately $1,450, a decline of more than 15 percent since the weekend. At the time of writing, Ethereum is trading at $1,327.40, a decrease of 26.5 percent over the previous week. Monday’s Coingecko statistics shows that ETH has lost over $200 in the last 24 hours and over $500 in the last week. Ether Market Cap Sheds $38 Billion In Three Days Throughout most of the last 30 days, the price of ether hovered around....
On-chain data shows the Bitcoin exchange reserve has taken a further beating this March, and has now reached the lowest value since August 2018. Bitcoin Exchange Reserve Loses 96k BTC Over The Past Month As per the latest weekly report from Glassnode, the BTC exchange reserve lost around 96k BTC over the course of March. […]
Bitcoin exchange inflows have been on the rise recently. Although there was a period where it had tapered off, it had continued to rise once more. The culmination of this has been a massive inflow into various centralized exchanges, presumably for investors to sell off their coins. Now the inflows have hit a new three-month high, painting a rather grim picture for the future of the digital asset. Inflows Take Over Bitcoin investors have been dumping their holdings since the digital asset started its descent from its $69,000 all-time high. Although outflows had rivaled inflows, the rate at....
Leading cryptocurrency bitcoin has been taking a beating after beating in the market. What this has resulted in is a continuous red market for the cryptocurrency. With its price now leaning dangerously close to breaking below $30,000 for the second time this week, it continues to strike fear in the hearts of investors. The digital […]