Tag: bearish

Bitcoin Price Dips Amid Market Bearishness; El Salvador Adds to Holdings

Bitcoin Price Dips Amid Market Bearishness; El Salvador Adds to Holdings

Bitcoin had a substantial decline, reaching a low of $112,605.2, as the overall crypto economy began a bearish trend. That drop happened on August 2, affecting everything across the crypto landscape – especially sectors such as decentralized finance (DeFi). Even with the price drop, Bitcoin’s market dominance held steady, in...

Bitcoin Faces Bearish Pressure Amid Geopolitical Tensions, $112K Support in Focus

Bitcoin Faces Bearish Pressure Amid Geopolitical Tensions, $112K Support in Focus

Bitcoin is right now in one of those hard down trending phases, with a recent breakdown from a bullish flag pattern indicating bearish continuation. This turn of events marks the official death knell of the expected bullish continuation, putting the crypto at an important crossroads.Technical Breakdown and Key Support LevelsBTC...

Further Reading

Ethereum Proves Its Worth Beyond "Crypto Silver"

Ethereum Proves Its Worth Beyond "Crypto Silver"

Ethereum has often been called “crypto silver”, the second fiddle to Bitcoin’s digital gold. Take a closer look and you’ll see that Ethereum is capable of so much more than simply being the second best horse. Ethereum has an impressive ecosystem and is home to lots of exciting innovation. Its...

NEAR Protocol NFT Collection PublicAI DataBabies Sees Floor Price Surge

NEAR Protocol NFT Collection PublicAI DataBabies Sees Floor Price Surge

PublicAI DataBabies, an NFT collection created through NEAR protocol, has recorded jaw-dropping growth in floor prices. This recent boom has sparked new excitement in the NFT space. The collection’s floor price surged from 3.67 NEAR up to a high of 26.48 NEAR, representing a massive 620% increase.On August 4, near...

Scrap-Metal Billionaire Bets Big on Otherside with Massive NFT Purchase

Scrap-Metal Billionaire Bets Big on Otherside with Massive NFT Purchase

Scrap-metal magnate Adam Weitsman is making a splash in the digital world. He’s heavily speculated on Yuga Labs’ Otherside metaverse, including buying 5,000 NFTs directly from Yuga Labs. This development shows that they’re serious about believing in the long-term potential for this gamified collection to succeed and for the Otherside...

Crypto Market Update BlockDAG, Ethereum, and Solana Lead 2025 Investment Forecasts

Crypto Market Update BlockDAG, Ethereum, and Solana Lead 2025 Investment Forecasts

Solana, Ethereum, SOL vs ETH, BlockDAG and Dogecoin are quickly becoming the top cryptocurrency investment options for 2025. Each provides different advantages from cutting edge technology to huge dividends for early supporters. Attracting developers and venture capital, Solana is accelerating the speed of adoption in decentralized finance (DeFi) and non-fungible...

HashJ Introduces SHIB-Focused Contracts Amidst Shiba Inu's Market Prominence

HashJ Introduces SHIB-Focused Contracts Amidst Shiba Inu's Market Prominence

Shiba Inu (SHIB), a cryptocurrency invented based on Dogecoin’s success, continues to be a top contender on the digital asset front. With a multi-billion dollar market cap and millions of holders around the globe, SHIB has transformed into a full-blown crypto-community cultural movement. HashJ recently introduced SHIB-focused contracts, unlocking thrilling...

Fixing the Broken NFT Market with Bitcoin Inscriptions and Novel Solutions

Fixing the Broken NFT Market with Bitcoin Inscriptions and Novel Solutions

Yet today the NFT market, engulfed by a loud but active minority of self-important participants, is deeply plagued despite the hype. A closer look reveals there are some pretty fundamental reasons why the entire infrastructure around NFTs—the ways they’re created, stored, and traded—is flawed. Recent ground-breaking advancements using Bitcoin inscriptions...

Crypto Movers and Shakers Pump.fun, Zora, and SPX6900 See Notable Gains

Crypto Movers and Shakers Pump.fun, Zora, and SPX6900 See Notable Gains

Cryptocurrency markets have a reputation for being unpredictable and moving at an incredible pace punctuated by new and shiny trends. From stocks to options trading to real estate, investors are constantly keeping an eye on trends and the next big thing, and cryptocurrencies are no different. Pump.fun, Zora, and Pudgy...

Former OpenSea Manager's Insider Trading Conviction Reversed on Appeal

Former OpenSea Manager's Insider Trading Conviction Reversed on Appeal

For Nathaniel Chastain, the former OpenSea product manager whose 2023 conviction for fraud and money laundering was recently overturned. Their appeal decision arrived on July 31. The charges were based on claims of insider trading in non-fungible tokens (NFTs).Chastain was alleged to have purchased NFTs prior to them being listed...