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Showing posts with the label crypto market

Kraken Co-CEO And Barry Silbert Warn Of Crypto Bubble; 99% Tokens Could Tank

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Ethereum Average Daily Outflow Hits 40,000 ETH Amid Rising Buying Pressure – Details

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Daily new cryptocurrencies created drops 35% under Trump’s 2nd tenure

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The cryptocurrency market has seen a decline in the creation of new digital currencies since the start of Donald Trump’s second term. As of August 7, 2025, the number of newly created cryptocurrencies stood at 47,397, a 34.5% drop from the 72,454 recorded on January 20, 2025, the day Trump was sworn in, according to data retrieved by Finbold from CoinMarketCap on August 9. Notably, the platform currently tracks 19.19 million cryptocurrencies, with a yearly high of 184,087 recorded in April and a low of 4,438 since September 2024. CoinMarketCap’s market overview also shows a total market capitalization of $3.97 trillion.  The number of cryptocurrencies tracked. Source: CoinMarketCap Why newly created cryptocurrencies are declining  The recent slowdown in new token creation contrasts with the post-election crypto euphoria, when Bitcoin (BTC) soared past $123,000 on hopes of a pro-crypto Trump administration. But that initial optimism now seems to be f...

Bitcoin Dominance Just Got Rejected From TSDT Resistance That Triggered Last Altcoin Season — Details

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2025 vs. 2030: How Far Can $1K in Dogecoin (DOGE) Really Go?

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Dogecoin is undoubtedly one of the most promising and speculative tokens to exist in the space today. DOGE boasts a dedicated fan base and a loyal community that speculates whether the token may rise from its dormant state to take over the markets in a sweet surprise. Whether it’s speculating about Dogecoin being added to X money or Musk endorsing the token once again, Dogecoin continues to strive to do better, despite the market oddities. With the token yet to adapt to a breakthrough momentum, is investing $1000 in Dogecoin a good decision? Let’s find out. Also Read: Dogecoin On Track To Surge 177%: Here’s When Dogecoin: What’s Next for the Token Source: Watcher Guru Dogecoin is currently sitting at $0.19, down 8% in the last 24 hours. With Bitcoin rising high to hit $122K, the altcoin market responded staggeringly well to the change. However, the token is now down 8% as market pullbacks stand. Liquidations have now helped both tokens to stabilize in the long run. Per...

SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

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AI predicts SHIB price for June 30, 2025

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 Shiba Inu (SHIB) is once again making waves in the crypto market, buoyed by a surge in on-chain activity and renewed interest from large holders.  As of June 5, SHIB is trading at $0.00001293, marking a modest daily uptick of 0.22%. While that price level may seem uneventful at first glance, beneath the surface, several signals are aligning to suggest that a larger move may be brewing.  To explore the near-term trajectory, Finbold consulted OpenAI’s ChatGPT to forecast Shiba Inu’s price for the end of June. The AI model delivered a target of $0.00001510, with a projected confidence range between $0.00001435 and $0.00001585. SHIB price prediction. Source: Finbold/ChatGPT Notably, the prediction is grounded in technical patterns, historical behavior, and recent blockchain activity. Most notably, SHIB recently saw a massive transfer of 2.87 trillion tokens, worth approximately $36.6 million, moved from an unknown wallet to Coinbase Institutional on June 5.  ...

Crypto Whales Move $693 Million Worth of Chainlink (LINK)

Although the first four months haven’t gone as many expected, there is a belief that a crypto market rally is close. That could be the case for Chainlink (LINK), as whale activity around the asset has surged by triple-digit percentages. Indeed, according to on-chain data, LINK has seen a 299% surge in whale moves over the last 24 hours, with the rest of the crypto market falling. According to IntoTheBlock data, Chainlink’s large transaction volume, which indicates whale activity, increased by 299% in the last 24 hours, reaching 6.71 million LINK, or $101.4 million. This comes as leading coins like BTC and ETH were down on Friday. Chainlink had a rough week, falling 11% in the past seven days. The recent moves, hence, could be a mix of panic selling or swooping up the asset at a low price. The latter could give LINK a much-needed rebound heading into the weekend. A combination of macroeconomic uncertainty, profit-taking, and crypto whale liquidations led to a $703 million liquidati...

HEX Rallies 82% In 14 Days: Can It Hit $0.005 Next?

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HEX (HEX) has experienced quite a rally over the last few days. The asset is up 56.1% in the weekly charts, 82.3% in the 14-day charts, 57% over the previous month, and 44.2% since April 2024. Despite the rally, the asset is down by 0.5% in the last 24 hours. Also Read: Shiba Inu: How Long Until $1000 in SHIB Becomes $1 Million? Source: CoinGecko What’s Pushing HEX’s Price? Source: Pixabay The asset’s latest rally comes after the SEC officially dropped its lawsuit against founder Hichard Heart. The SEC filed its lawsuit against Heart in July 2023. The HEX, PulseChain, and PulseX founder was accused of garnering over $1 billion via the sale of unregistered securities. On Apr. 21, the SEC said it would not amend its complaint. The development marks a rare occurrence when the SEC has lost a lawsuit. The HEX founder’s victory also came on the same day as the swearing in of the new SEC chair, Paul Atkins. The SEC dropping its litigation could be due to Atkins’ p...

This meme coin exploded over 200% in a month

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April has been nothing short of chaotic, with the aftermath of the Liberation Day tariff announcement fueling heightened volatility across both financial and cryptocurrency markets. Yet amid the broader downturn and the modest rebound that followed President Trump’s temporary pause on global tariffs Fartcoin (FARTCOIN), a Solana-based meme coin, has emerged as a clear outlier.  While most assets are struggling to recover, Fartcoin has surged 246% over the past month, making it the top-performing cryptocurrency among the top 100 by market capitalization during that period. Six best-performing top 100 cryptocurrencies in one month. Source: CoinMarketCap For context, benchmark assets like Bitcoin (BTC) have seen a modest 0.62% rise, while Solana (SOL) has declined by 4% over the same timeframe.  Even within its own niche, Fartcoin has stood apart , Official Trump (TRUMP), another Solana-based meme coin, has plunged nearly 30% in April, a sign of decouplin...