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Is Crypto Dead? Exploring the Current State, Challenges, and Future Potential

Crypto Market Holds Steady Despite Declines, Helium (HNT) Leads with 34.3% Increase

29/04/2024Pooja ChauhanLeave a Comment

The cryptocurrency market maintains its valuation at $2.31 trillion, showing a 2.60% decrease over the last 24 hours. Both bitcoin and ethereum experienced declines between 5.4% and 1.8% over the past week. However, helium (HNT) emerged as a standout performer with a 34.3% increase. Despite a 2.60% dip in the last day, the crypto market […]

Stablecoin Market Value Hits $160 Billion as Supply Surges Across Top Cryptocurrencies

22/04/202422/04/2024Pooja ChauhanLeave a Comment

This week, the market value of fiat-pegged cryptocurrencies has reached $160 billion, a level last seen in May 2022 before the Terra’s UST crisis, when it lost its $1 parity on May 9, 2022. Over the last month, there has been a notable uptick in the supply of various stablecoins, led by Ethena’s USDE, which […]

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Swiss Bitcoin Advocates Campaign for Cryptocurrency Inclusion in National Bank Reserves

22/04/202422/04/2024Pooja ChauhanLeave a Comment

Swiss bitcoin enthusiasts are campaigning for the inclusion of the cryptocurrency in the Swiss National Bank‘s (SNB) reserves. An advocacy group is actively working to persuade SNB officials, with plans to discuss the proposal at an SNB committee meeting on April 26, according to a report by the Swiss newspaper Neue Zürcher Zeitung. Yves Bennaïm, […]

Roger Stone’s Endorsement Sparks Surge in TRUMP Meme Coin Amid Crypto Market Downturn

18/04/202418/04/2024bollywoodfeverLeave a Comment

Roger Stone, a prominent Republican strategist and former adviser to Donald Trump’s 2016 campaign, has boosted the meme coin TRUMP with his endorsement, leading to a 17% spike in its value despite a broader slump in the cryptocurrency sector. In contrast, another meme token called BODEN also saw a significant 9% increase in value against […]

Gold Gains Momentum Amid Weaker US Dollar and Supportive Yields

Crypto Markets Tumble Amid Geopolitical Tensions, Gold Remains a Safe Haven

14/04/2024Pooja ChauhanLeave a Comment

This weekend saw a significant decline in cryptocurrency values, losing over 5% to $2.3 trillion, while gold and silver showed resilience amidst Middle East tensions. Investors remain optimistic about gold, viewing geopolitical risks as potential supports for its value. Over the weekend, the cryptocurrency market experienced a sharp decline, losing over 5% of its value […]