The global crypto market cap, amid fluctuations, was valued at $2.023 trillion at press time. Analyst Javon Marks predicted a potential triple growth in the market, based on historical patterns. So far, the global crypto market has struggled to maintain a consistent uptrend. Instead, it has been exhibiting mixed movements, with fluctuating levels of bullish…
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In the long term, Avalanche is poised to potentially trade above $100, as historical trends indicate. This expected rally could be driven by the forthcoming final AVAX token vesting unlock on August 20th. Avalanche [AVAX] is still recovering from a market-wide slump that drove its price down to $17.29 — a low not seen since…
XRP surged by 22.68% over the past seven days as its trading volume soared by 46.55%. Despite these recent gains, the overall market trend remained bearish. Recently, Ripple [XRP] experienced a considerable decline, falling from a high of $0.6480. After the market recovery from the crash and Ripple’s settlement with the SEC, XRP’s prices surged….
Image source: Getty Images If there’s one company that Canadians come back to time and again for dividends, it’s Fortis (TSX:FTS). It’s been that way for years, and especially now that it’s a Dividend King. That means the company has increased its dividend each year for the last 50 years! But has that been enough…
Justin Sun’s strategic move on WBTC raises concerns. A few hours later, there was no significant impact on WBTC’s TVL or flows. Tron’s founder Justin Sun has hit headlines following his involvement with Wrapped Bitcoin (WBTC) custody operations. His firm, BiT Global, has partnered with BitGo, to drive ‘first multi-jurisdictional and multi-institutional custody.’ However, the…
After the hard fork was released, SHIB’s burn rate rose sharply While SHIB’s price action was bearish, a metric suggested that it may be undervalued Shiba Inu’s [SHIB] Shibarium recently underwent a hard fork that was aimed at improving the overall ecosystem. In fact, the latest upgrade was an effort to further strengthen the ecosystem’s…
AAVE has a bearish structure and neutral momentum. Short-term holders likely added to the price drop with profit-taking activity, and accumulation has not resumed yet. Aave [AAVE] was in a good position in the DeFi sector and could handle decentralized liquidations effectively. This earned a $6 million revenue overnight. The protocol also saw milestones in…
Solana ETFs approved in Brazil. Despite the approval of Solana based ETFs, the market remains bearish. Over the last three months, the crypto market has been eagerly awaiting the approval of Solana [SOL] ETFs. Requests for SOL ETFs were filled out in Canada initially and later in the United States in June. The approval of…
XRP seems ready to extend recovery and net an extra 10% gain. However, there was still overall market caution as sell pressure was still present. Ripple [XRP] looks set to reverse some of its recent losses after bouncing from a crucial high-time frame chart demand level above $0.4. Between the recent lows of $0.43 and…
Ripple and Toncoin were trading around $0.46 and $5.2, respectively. Both cryptocurrencies’ Relative Strength Index (RSI) were in the oversold territory. Ripple (XRP) and Toncoin (TON) have been significantly affected by the recent downturn in the crypto market, each declining by over 20% in the past seven days. Given their proximity in market capitalization rankings,…