August 2024 – Page 19 – Coins Cap News
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BEAM Inks 15% Gains As Exciting Developments Hit The Market – Details

Cryptocurrency Market News

With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token’s price. According to CoinGecko, BEAM is up nearly 18% in the past 24 hours as investors flock to the token.  The Beam network is experiencing awesome on-chain development that gives it an edge against its…

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Akash Network (AKT) Price Moves Up 20%, Boosting Investor Confidence

Cryptocurrency Market News

The Akash Network (AKT) surged once more as the platform gained investor interest in the decentralized cloud computing scene. According to Coingecko, the token is up 20% since last week as the fear, uncertainty, and doubt the market experienced died down.  The platform is slowly expanding its operations with new additions to Akash that will…

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XRP Breakout: Could It Skyrocket To $100? Analysts Share Their Predictions

Cryptocurrency Market News

Crypto market participants are paying attention to XRP. There has been a continuous bounce between trend lines, forming what analysts call a symmetrical triangle pattern. As a result of a pattern traced as far back as 2018, this digital asset could be set for a big move — but how? From eagle-eyed market sentinels who…

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Grayscale Forecasts Bitcoin To Retest All-Time Highs By 2024 End If US Avoids Recession

Bitcoin News

The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially influenced by heightened futures market activity and selling pressure from select large holders. Despite these challenges, asset manager and exchange-traded fund (ETF) issuer Grayscale…

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Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link

Cryptocurrency Market News

This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied…

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Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide

Bitcoin News

Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of potential recovery or further losses. However, BTC’s only ability to avoid the further plunge…

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Ethereum Open Interest Drops 40% In August – What’s Happening?

Ethereum

Several large-cap assets, including Bitcoin and Ethereum, struggled to make a mark in the past week, as the general market suffered a steep downturn in prices. According to various analyses, the market was negatively impacted by some recent macro developments in different countries. This significant decline has had a widespread effect on the market sentiment,…

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Cardano Eyes $0.3389: Can Bulls Sustain ADA Above This Critical Level?

Ada

Cardano (ADA) is approaching a critical juncture as it eyes a retest of the key $0.3389 support level. In recent trading sessions, ADA‘s price has previously risen above this level and is currently dropping for a second retest thereby raising concerns among investors and traders.   A successful defense of the $0.3389 support could signal a…

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