Bittensor (TAO) Derivatives Market Activity Spikes, But Not for Good Reasons beincrypto.com 06 August 2024 13:24, UTC TAO, the altcoin that powers Bittensor’s decentralized machine learning network, has witnessed a 36% price rally in the past 24 hours as the general cryptocurrency market rebounds following Monday’s decline. This has led to an uptick in…
High FDV, Low Circulating Supply Projects: Analyzing Market Potential and Risks coinedition.com 06 August 2024 13:25, UTC Investing in projects with a small circulating supply but a high fully diluted valuation (FDV) can be a double-edged sword as per Token Unlocks data. These projects often have significant market potential but come with risks that…
AAVE gears up for 15% rally after generating $6 million in revenue from crypto market sell-off fxstreet.com 06 August 2024 13:46, UTC AAVE held steady during the crypto market sell-off and secured $21 billion in value across various Layer 1 and Layer 2 chains. AAVE Treasury earned $6 million in revenue from liquidations and…
Will Solana Price Hold 18% Gains As $25M Liquidations Raise Concerns coingape.com 06 August 2024 14:20, UTC Solana price surged 18% testing resistance at $140 amid a broader market turn around in the wake of Monday chaos. Sentiment had improved slightly, but it might not be enough to sustain the price increase, especially with…
Improve and adapt, don’t replace—web3 needs legacy systems | Opinion crypto.news 06 August 2024 13:36, UTC Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. High ideologies and complex narratives won’t bring the next one billion users to web3. Engaging…
Cardano Price Predictions: Will ADA Smash $0.50 or Face a Massive Crash? thecryptobasic.com 06 August 2024 15:14, UTC In a declining trend, Cardano faces difficulty restarting a bull cycle as the overhead supply grows. Will the intraday growth propel a new ride to the resistance trendline? Trading at a 60% discount from its 52-week…
Japan: is the stock market crisis to blame for the decline in the crypto market? en.cryptonomist.ch 06 August 2024 12:10, UTC From what has emerged, it seems that there is a correlation between the stock market crisis that Japan is experiencing and the collapse of the crypto market. And indeed, since Sunday, the Topix…
