Why Dogecoin, PEPE, and BONK Are Skyrocketing: Unpacking Today's Meme Coin Mania
Jul 06, 2024 13:22 pm UTC| Digital Currency Technology
Meme coins have experienced significant price increases recently, and several factors are contributing to this surge. Here are the key reasons driving the current pump in meme coins like Dogecoin, PEPE, and BONK. 1....
Ethereum Liquidations Soar as Altcoin Market Faces Unprecedented Panic Selling
Jul 05, 2024 21:36 pm UTC| Digital Currency
Even though Bitcoins price has dropped to $55,000, the panic selling in the market for alternative cryptocurrencies has not subsided. Almost all of the top ten alternative cryptocurrencies, including Ethereum, have...
Bitcoin Prices Could Benefit as US Job Growth Slows, Unemployment Rises
Jul 05, 2024 17:44 pm UTC| Digital Currency Technology
The U.S. unemployment rate reached its highest since December 2021, potentially boosting Bitcoin prices as investors turn to alternative assets amid economic concerns. Economic Indicators Worsen A worsening labor...
Shiba Inu Sees Massive 466% Weekly Burn Surge Amid 22% Price Plummet
Jul 05, 2024 16:24 pm UTC| Digital Currency Technology
The Shiba Inu cryptocurrency experienced a 466% surge in weekly burns, yet its price plummeted by 22% today. Shiba Inu Burn Rate Surges There has been a stunning 466% growth in the number of weekly burns for Shiba...
FxWirePro- BTCUSD Daily Outlook
Jul 05, 2024 13:26 pm UTC| Technicals Digital Currency
BTCUSD showed a minor pullback above $55000 after a massive sell-off.It hita low of $53500at the time of writing andis currently trading around $55186. Mt . Gox was one of the largest crypto exchanges and it lost...
Why Shiba Inu Crashed: $2M Liquidations Amid Widespread Crypto Market Losses
Jul 05, 2024 08:14 am UTC| Digital Currency Technology
Shiba Inu has dropped 21% this month, leading to $2 million in liquidations, highlighting its volatility. Sharp Decline for Shiba Inu in July Another wave of losses has hit the cryptocurrency market. Shiba Inu is...
Mt. Gox Begins Bitcoin, Bitcoin Cash Repayments, Market Reacts to Large Influx
Jul 05, 2024 07:30 am UTC| Digital Currency Technology
Nearly ten years after its downfall, Mt. Gox has started repaying customers, affecting Bitcoin and Bitcoin Cash markets. Mt. Gox Repayments Mark Major Market Event According to CoinDesk, Mt. Gox announced on Friday...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.