Hashkey Capital Discusses DePin Opportunities and Challenges beincrypto.com 05 August 2024 12:52, UTC Lately, decentralized physical infrastructure networks (DePins) are strongly emerging as a crypto narrative. HashKey Capital, a blockchain investment firm, has spotlighted over 1,000 DePin projects. These DePin projects collectively generate an impressive $14 million in annual recurring revenue. They span fields…
VeChain (VET) Flashing Buy Signal: RSI at 24 Amid Downtrend coinedition.com 05 August 2024 12:54, UTC VeChain (VET) experienced a significant price drop, plummeting 40.93% since mid-July, as highlighted by crypto analyst Cheeky Crypto in a YouTube video. However, technical analysis reveals an oversold RSI of 24, flashing a potential buying opportunity for savvy…
Solana plummets to near $110 amid $1 billion crypto liquidation coinjournal.net 05 August 2024 13:06, UTC Solana has plunged more than 20% to trade near $110 as crypto traders see more than $1 billion in trading positions wiped out in the past 24 hours. SOL dipped as Bitcoin led the crypto market in the…
Jonathan Wu Explains the Crypto Crash: The Impact of Japan’s Tightening Monetary Policy cryptoglobe.com 05 August 2024 13:10, UTC Earlier today, Jonathan Wu, an investor at Asylum Ventures, a $55 million early-stage venture fund based in Brooklyn, New York, posted on the social media platform a thread on the cryptocurrency market’s ongoing crash. Wu…
3 Reasons Why XRP Price Correction Heading to $0.4 coingape.com 05 August 2024 13:39, UTC The XRP price fell 15.4% on Monday, along with the rest of the crypto market. The leading digital assets, Bitcoin and Ethereum, are down 14-16% to currently trade at $51000 and $2243, respectively. This sell-off could be attributed to…
Can Fed Rate Cuts Save Crypto Market Meltdown? coinedition.com 05 August 2024 13:52, UTC Analysts are predicting the Federal Reserve will react to the market downturn by cutting interest rates this month. This move, they suggest, is aimed at preventing the ongoing decline in asset prices from spreading to the real economy and triggering…
Filecoin (FIL) Traders Seek Another Discount Despite Waffle Upgrade Optimism beincrypto.com 05 August 2024 14:18, UTC Like other altcoins, Filecoin (FIL) faces intense volatility following the wider market collapse. The latest data from several price tracking platforms shows that FIL’s price has decreased by a staggering 16.38% in the last 24 hours. This decline…
