Crypto Market Update: April 25, 2024

April 25, 2024 | Zoe Mende | Markets

Bitcoin and Ethereum: The Titans Clash Bitcoin (BTC) and Ethereum (ETH) are like the heavyweight champs of the crypto arena. They’ve been duking it out for years, and today is no different. BTC dipped below $65,300, while ETH decided to take a breather at around $3,100. These price fluctuations are like the stock market on steroids, and they’re fueled by a potent cocktail of geopolitical tensions and investor sentiment. Crypto Narrative…

April 24, 2024

Renzo’s Restaked ETH Depegs to $700: DeFi Platforms Gearbox and Morpho Face Liquidations

Renzo’s Restaked Ether (ezETH) experienced a depeg to $700, causing significant liquidations across DeFi platforms. Gearbox and Morpho Labs were among the platforms affected by the depegging event. T…

April 23, 2024

Crypto Market Update: Insights and Trends for April 23, 2024

Bitcoin and Ethereum Bitcoin, the pioneer of cryptocurrencies, recently completed its halving process. This significant event, which occurs roughly every four years, reduces the rate of new token creatio…

April 22, 2024

Crypto Market Update: Key Trends and Insights for April 22, 2024

State of the Crypto Market The total cryptocurrency market cap currently stands at a staggering $1.34 trillion. Trading volumes have reached $56.8 billion in the last 24 hours, reflecting the market’s ro…

April 19, 2024

Crypto

Bitcoin Network Fees Soar as Runes Launch Nears

Bitcoin network fees increase significantly as Runes launch and halving event nears. Runes protocol set to launch at Bitcoin block height 840,000, coinciding with halving. Transaction fees on the Bitcoin network quadruple in the past week. Runes expected to introduce new fungible token standard, leading to a scramble for minting. Bitcoin halving event is scheduled to occur on April 20, cutting miner rewards in half. The Bitco…

April 19, 2024

Markets

Crypto Market Update: April 19, 2024

Overview The crypto market is buzzing with activity today, as investors and enthusiasts keep a close eye on the latest developments. From Bitcoin’s halving event to emerging narratives, let’s dive into the key highlights shaping the decentralized finance landscape. Bitcoin and Ethereum: The Titans Bitcoin and Ethereum remain at the forefront of the crypto world. Bitcoin, the digital gold, is currently trading at $64,403.82,…

April 18, 2024

Markets

Crypto Market Update: April 18, 2024

Overview The crypto market is buzzing with activity today, as investors and enthusiasts keep a close eye on the latest developments. From Bitcoin’s price fluctuations to emerging narratives, let’s dive into the key highlights shaping the decentralized finance landscape. Bitcoin and Ethereum News Bitcoin and Ethereum, the giants of the crypto world, continue to dominate headlines. Bitcoin, often dubbed “digital gold,” has weathered re…

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