2021 is where everyone was talking about NFTs and it seemed like the next big thing. Fast forward to 2025 and people are speculating on whether NFTs can ever reclaim their past glory. There was truly a time when a digital image of a monkey (Bored Apes collection) fetched thousands of dollars in ETH, however,…
Bitcoin and most altcoins bounced back on Friday as investors bought the dip after a report showed that consumer confidence had slumped. Ripple (XRP) price jumped by 4%, while Chainlink (LINK), Bonk (BONK), and JasmyCoin (JASMY) rose by over 5%. The rebound followed a report showing that U.S. consumer confidence crashed to its lowest level…
Donald Trump’s ties to cryptocurrency projects, his holdings and those of Trump-backed World Liberty Financial have raised red flags in the crypto community on several occasions. As the Trump administration changes its stance from the U.S. President’s previous term and turns pro-crypto, several crypto companies with close ties to Trump and his aides have gained…
Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%. JasmyCoin (JASMY) dropped by 6%, while Litecoin (LTC) and Ethena (ENA) fell by over 5%. The…
Bitcoin dipped by 4% in the last 24 hours amid reports of upcoming U.S. tariffs on key trading partners. President Donald Trump’s tariff announcements have been dramatic enough to keep crypto traders on edge, as Bitcoin and altcoins continue to react to the news. Bitcoin (BTC) price recovered earlier this week as traders were optimistic…
Dogecoin rallied nearly 10% this week, resilient in the face of the U.S. President Donald Trump’s tariff war and macroeconomic developments. Most altcoins have suffered the negative impact of Trump’s announcements, DOGE continues to gain, back above $0.2058 for the first time in nearly two weeks. Dogecoin rallies in double-digits, what to expect from DOGE…
Bitcoin, Ethereum, and XRP face carnage in response to Trump’s policies and announcements. The total market capitalization of crypto is down to $2.784 trillion on Wednesday. Bitcoin’s correlation (BTC) with the S&P 500 is 0.75 in the 30-day timeframe, signaling to traders that the top crypto is behaving like U.S. equities. Trumpism, or what U.S….
Bitcoin dominance hit a new cycle high despite price correction as investors shift from altcoins, driven by stronger-than-expected U.S. job growth and the Federal Reserve’s hawkish stance. According to Matrixport, Bitcoin (BTC) dominance has surged to a new cycle high, surpassing 61%. Matrixport attributed this to two factors: a stronger-than-expected U.S. jobs report as well…
Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano. PIMCO analysts have boosted their recession odds to 35%, while JPMorgan economists see a 40% chance. Goldman Sachs has raised these odds to 20%. Mark Zandi, the popular economist at…
Bitcoin and many altcoins cautiously bounced back on Wednesday ahead of the Federal Reserve interest rate decision. Bitcoin (BTC) rose to $84,500 as it struggled to move above the psychological barrier of $85,000. Other top-performing blue-chip cryptocurrencies were Uniswap (UNI), Stellar (XLM), Algorand (ALGO), and Pepe (PEPE). Uniswap jumped 12% to $6.90, while Stellar climbed…
