Meme Coins Dive While DeFi Sectors Surge In the ever-changing landscape of the cryptocurrency market, we have recently witnessed a significant shift in the fortunes of meme coins versus decentralized finance (DeFi) sectors. The past week has been particularly turbulent for meme coins, with notable players such as TRUMP and MELANIA experiencing sharp declines in […]
SEC weighs approval for Bitcoin ETFs in Thailand
SEC Considers Approval for Bitcoin ETFs in Thailand: A Step Towards Mainstream Acceptance The Securities and Exchange Commission (SEC) in Thailand is currently at a pivotal point in its decision-making process regarding the approval of Bitcoin exchange-traded funds (ETFs). This potential move could mark a significant milestone in the mainstream acceptance and integration of cryptocurrencies […]
Short-term holders drive Bitcoin’s latest sell-off
Short-term holders drive Bitcoin’s latest sell-off Bitcoin, the world’s most popular cryptocurrency, has been experiencing a turbulent period marked by sudden price drops and increased volatility. While the market is no stranger to fluctuations, the recent sell-off has been attributed to a specific group of investors – the short-term holders (STHs). An analysis of recent […]
Uptober Hopes Fade as Crypto Market Dips
The cryptocurrency market has witnessed a significant downturn in early October, which has left many investors feeling disillusioned. Known colloquially as ‘Uptober’, this month has historically been associated with bullish trends in the cryptocurrency sphere. However, current indications suggest that this year’s Uptober may not deliver the anticipated gains, as the market slips into a […]
Crypto Stocks Plummet After Harris-Trump Debate: A Look at Market Reactions
In a surprising turn of events, the recent presidential debate between Kamala Harris and Donald Trump had a noticeable impact on the cryptocurrency market. Following the heated encounter, U.S. cryptocurrency stocks, including prominent players such as Riot Platforms, Marathon Digital, and Coinbase, experienced significant declines. This drop reflects not only the sentiment surrounding the candidates […]