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The cryptocurrency market lost $150 billion in value  in a matter of hours on Friday, October 17, further escalating its continuing downtrend. According to data Finbold retrieved from CoinMarketCap , the total market valuation plunged from $3.7 trillion at around 6 a.m. UTC to $3.55 trillion by 10 a.m. UTC, an approximately 5.8% dip. Crypto market cap. Source: CoinMarketCap The losses were universal for the top 10 assets by market capitalization, as they were all in the red on the daily chart. Bitcoin (BTC) is down 5.60% as of the time of writing, while Ethereum (ETH) has dropped more than 7.16%. Similarly, XRP and Solana (SOL) have fallen 7.69% and 8.23%, respectively, while Cardano (ADA) and BNB bore the brunt of the blow, the former plummeting 9.84% and the latter 11.93%. Top 10 cryptocurrencies by market cap. Source: CoinMarketCap Macroeconomic developments sink the crypto market  The digital currency sector continued to decline due to rene...

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Shiba Inu was once deemed a glorious coin. It was the high time of the year 2021 when SHIB exploded to hit $0.00008, ending up delivering massive gains to its investors, who have been longing to make a generous amount of money through the token. While the token still retains the majority of the charm and finesse needed to spike up, here’s when the token could seriously birth new millionaires while keeping the developing data Analysis and technical markers in mind. Also Read: How Many Shiba Inu Coins Must Be Burned To Hit $0.0001? Shiba Inu Is Brewing a Massive Overhaul: What Are the Contributing Elements? Source: Watcher.Guru Shiba Inu has long been trying to break resistance, busy forging new pathways, but its sluggish price approach is worrying investors. The token has been delivering mild price spikes as of late. But contrary to its price development, the ecosystem is consistently building new product offerings, which is reshaping the Shiba Inu price trajectory. Shiba Inu, at ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Shiba Inu turned an investment of $650 into seven figures during its inception where a truck driver made $1,400,000. Two jobless brothers from New York also made millions of dollars with basic investments in SHIB back in the day. They tasted the success of financial freedom because the dog-themed token surged 85,000,000% between August 2020 to October 2021. This turned SHIB into a worldwide phenomenon where everyone took an entry position thinking it could replicate the run. Also Read: 1 Million Shiba Inu Costs $11.47: Can It Ever Become $100,000? Now let’s stay conservative in our approach as the boat that used to generate millions in profits has sailed. Investors will be considered lucky to even get their money doubled in the present economic condition. While the markets are bullish, leading altcoins and meme coins are not rallying in the charts. The focus is elsewhere such as Bitcoin and Ethereum while altcoins are not moving in tandem with BTC’s success. SHIB to Turn $3,...

VeChain is having trouble breaking above $0.030. The price of the asset decreased by 5.3% over 14 days and 19.7% since May 2024. Even with the bearish market performance, VET has gone up 0.7% in one day, 1.6% in a week, and 6.4% during the last month. Source: CoinGecko Also Read: VeChain On The Verge Of Overtaking Trump Coin: Here’s When Crypto Market Rally Fades Source: Watcher Guru The crypto market experienced a surge over the last few weeks after a spike in institutional investments. Bitcoin (BTC) climbed to a new all-time high of $111,814 on May 22. The original crypto has since fallen by 1.8%. BTC’s rally triggered a market-wide upswing. VET and other assets followed BTC’s upward trajectory. The rally has since cooled off. Also Read: Cryptocurrency: 3 Coins That Are Capable Of Becoming The Next Bitcoin VeChain (VET) has struggled to gain momentum despite the recent market roar. The asset climbed to $0.077 in December of last year. Since December, VET’s price has ...

Jerome Powell will remain chairman of the world’s most powerful central bank — and that’s good news for crypto. On the news yesterday, bitcoin (BTC) rallied $2,400 in just 15 minutes to hit $93,900. As of publication time, total crypto market capitalization is over $60 billion higher than when President Donald Trump declared he had “no intention of firing him.” Markets immediately pumping in afterhours after Trump says he "has no plans to fire Powell" and just wants Powell "more active" on rates. pic.twitter.com/lAzo4Tj7pl — Meet Kevin (@realMeetKevin) April 22, 2025 Read more: Donald Trump’s tariff chaos leads to corruption accusations According to Trump’s senior advisors, the president would have had extreme difficulty firing Powell without sufficient cause anyway. As such, efforts to oust him have ended, with Powell remaining the lead US central banker, and Trump now insisting that he never had any intention of firing...

The cryptocurrency market has made a slight recovery since its crash on Monday, Apr. 7. Bitcoin (BTC) is moving closer to reclaiming the $80,000 price point. The global crypto market cap has risen 2% in the last 24 hours to $2.6 trillion. Ripple’s XRP token and Binance’s BNB coin also follow the recovery trend. Also Read: GCC: 7 Gulf Nations Plans To Launch Unified Currency, Ditch US Dollar Ripple’s XRP and Binance’s BNB In The Green Source: Watcher Guru XRP has rallied by 8.1% in the last 24 hours and 215.8% since April 2024. Despite the rally, XRP’s price is down 10.9% in the weekly charts, 21.4% in the 14-day charts, and 14.8% over the previous month. Source: CoinGecko Also Read: JPMorgan’s 3 Key Signals for Buying Stocks Again: Market Recovery Conditions Binance’s BNB, on the other hand, has rallied 4.3% in the last 24 hours and is red across other time frames. BNB is down 8.1% in the weekly charts, 11.9% in the 14-day charts, and 2.7% over the pr...

Donald Trump’s re-election initially sparked optimism in the cryptocurrency market, creating 11,000 new Bitcoin (BTC) millionaires between October 7 and November 6, 2024. But that euphoria didn’t last. Though the crypto bull market continued into early 2025, Finbold research found that the Republican’s return to the White House had the opposite effect, leading to stagnation and decline.  Between January 21 – the day after the inauguration – and February 18, the number of BTC addresses holding more than $1 million worth of the coin dropped by 22,279. During the first weeks of President Trump’s second term, an average of 795 Bitcoin millionaire addresses were wiped daily as per data retrieved from BitInfoCharts using the Wayback Machine web archive tool. Notably, the starkest decline was in the number of addresses holding over $1 million in BTC, which fell from 157,563 to 138,693. High-value wallets with more than $10 million also dr...

The altcoin market looks promising, and many altcoins are recording gains. Late last year, the cryptocurrency market experienced heightened volatility as several tokens experienced price fluctuations. But things have mostly been on the green side for many investors since November. Investors need to stay alert during this consolidation phase, as it could be a chance to catch a ride on a rising trend. Prices of various altcoins are already showing positive movements, even before the market takes off entirely. This article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Savvy investors capitalized on this year’s boom in the altcoin market and taking positions in upcoming tokens like the Meme Index. Meme Index simplifies investing in meme coins by offering exposure to a curated collection of meme coins, reducing individual risks. 1. Near Protocol (NEAR) NEAR Protocol is making wav...