ANALYSIS
Shiba Inu SHIB Price Plummets Over 30% in Summer of Shibarium, Here is Why
SHIB, Shiba Inu's native cryptocurrency, experienced a 36% price drop following the "Summer of Shibarium" announcement. Despite a surge in trading volumes and open interest, Bitcoin's price dropped by 13% and SHIB fell by 12%. Investors should be cautious before potential price drops.
Why Grayscale's SEC Victory Is Unlikely to Benefit Bitcoin and Crypto Markets in the Long Run
The US Court of Appeals ruled in favor of Grayscale Investments, ordering the SEC to review its Bitcoin ETF application. This decision has boosted Bitcoin prices but may not provide long-term benefits due to inconsistent market reactions and declining trading volumes.
Schwab Q3 Survey: 44% Bullish on U.S. Stock Market and 66% See AI as a Significant Market Impact
The Charles Schwab Trader Sentiment Survey for Q3 indicates a shift in investor sentiment towards optimism, with 44% of traders optimistic about the U.S. stock market, despite concerns about recession, Federal Reserve interest rate hikes, political instability, inflation, and market corrections. Older traders are more optimistic.
LD Capital: Institutions Are Buying on the Dip
Global markets face declines amid concerns over bond yields, inflation, and China's economy. Despite a 5% drop in the S&P 500 since July, the stock market rose 20% this year, with institutions capitalizing on the dip.
SpaceX dropping $373M worth of Bitcoin led to crypto market crash
After the publishing of the news, the price of Bitcoin experienced a significant drop of around 10% within 10 minutes, causing the cryptocurrency's value to fall to $25,166 on Binance. The OKX perpectual bitcoin price even plunged to $24,098.
Developer Turns $700 into $6,000,000 in Four Months
In a tale that seems to come straight out of a rags-to-riches novel, one user has managed to turn a humble $700 investment into a staggering $6,000,000 in just four months.
Jasmy Coin Price Analysis 2023: Breakout, Challenges, and Predictions for a Bull Run
Jasmy Coin breaks above the downside trend line, but facing resistance at the 99-day MA.
Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership
PayPal launches PYUSD stablecoin; Coinbase unveils Base Layer-2; Aptos partners with Microsoft; July inflation below expectations at 3.2% and 4.7% yearly.
Cardano ADA Ecosystem Q2 2023: DeFi Growth, Stablecoins, and NFT Trends
Cardano's Q2 2023 report by Messari highlights 34.9% stablecoin growth, DeFi expansion, and NFT trends, with promising developments in scaling solutions.
Understanding ETH/BTC Rate - Key Factors and Price Predictions
Bitcoin and Ethereum, the top cryptocurrencies, show unique market responses due to their distinct uses and supply methods. Their volatility and correlation patterns offer insights into the crypto market dynamics.