Cryptocurrency OKB Down More Than 3% Within 24 hours – Benzinga
Posted: April 4, 2024 at 2:48 am
April 3, 2024 3:02 PM | 1 min read |
OKB's (CRYPTO:OKB) price has decreased 3.0% over the past 24 hours to $55.6, continuing its downward trend over the past week of -14.0%, moving from $64.28 to its current price.
The chart below compares the price movement and volatility for OKB over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
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The trading volume for the coin has tumbled 40.0% over the past week along with the circulating supply of the coin, which has fallen 0.21%. This brings the circulating supply to 60.00 million, which makes up an estimated 20.0% of its max supply of 300.00 million. According to our data, the current market cap ranking for OKB is #41 at $3.33 billion.
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2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Cryptocurrency OKB Down More Than 3% Within 24 hours - Benzinga
Ethereum (ETH): Cryptocurrency Analyst Dives Into ETH ETF, Pepecoin (PEPE) Price Surge & Upcoming 100X Moves – Yahoo Finance
Posted: at 2:48 am
Shiba Budz
Dubai, UAE, March 29, 2024 (GLOBE NEWSWIRE) -- Ethereum (ETH) continues to stand at the forefront of innovation and growth. Recent developments, including the buzz around the potential approval of an ETH Exchange-Traded Fund (ETF), the remarkable price surge of Pepecoin (PEPE), and the keen anticipation of cryptocurrencies predicted to achieve significant gains, have captured the attention of investors and analysts alike. This article delves into these critical aspects, offering insights from cryptocurrency experts on Ethereum (ETH)'s current landscape, the impact of an ETH ETF, Pepecoin (PEPE)s performance, and the promising future of select digital assets, including the subtly mentionedShiba Budz (BUDZ).
Shiba Budz (BUDZ) is a promising cryptocurrency with potential for significant impact and exponential growth. Built on theEthereum (ETH)network, it combines the charm and virality of meme coins with Ethereum (ETH)'s advanced capabilities. As investors and analysts analyze the Ethereum (ETH) ecosystem,Shiba Budz (BUDZ)stands out as a promising venture in the rapidly evolving digital asset landscape.
Ethereum (ETH)'s Stance in the Crypto Arena Ethereum (ETH) has long been recognized for its pioneering role in enabling decentralized applications and smart contracts, cementing its position as a cornerstone of the blockchain ecosystem. Its transition toEthereum (ETH)2.0, aimed at enhancing scalability and reducing energy consumption, further solidifies its appeal to both developers and investors. As Ethereum (ETH) continues to evolve, its influence on the broader cryptocurrency market remains substantial, providing a foundation for the growth and innovation of countless other digital assets.
The Buzz Around ETH ETF: A Game Changer? The potential approval of an Ethereum (ETH) ETF is a topic of significant interest and speculation within the cryptocurrency community. An ETH ETF would not only offer investors a regulated and accessible means to gain exposure to Ethereum (ETH)'s price movements but also represent a milestone in the mainstream acceptance of cryptocurrencies. Experts predict that the approval of an ETH ETF could lead to increased institutional investment in Ethereum (ETH), potentially driving up its price and enhancing its market stability.
Story continues
Pepecoin's Unexpected Surge Amidst the broader market dynamics,Pepecoin (PEPE)has experienced a notable price surge, capturing the attention of investors looking for high-growth opportunities. This surge is attributed to a combination of factors, including renewed interest in meme coins, strategic community initiatives, and the broader bullish sentiment in the cryptocurrency market. As Pepecoin (PEPE) continues to navigate the volatile crypto waters, its performance serves as a reminder of the unpredictable yet potentially lucrative nature of meme coin investments.
Predictions for the Next 100X Moves In the quest for the next cryptocurrency to achieve exponential gains, experts are closely watching several contenders, including the emergingShiba Budz (BUDZ). Shiba Budz (BUDZ), with its meme coin appeal and robust foundation on the Ethereum (ETH) network, is identified as a digital asset with significant growth potential. The combination of viral marketing, community support, and technological utility positions Shiba Budz (BUDZ) among the cryptocurrencies that experts predict could see substantial returns in the near future.
Interplay Within the Crypto Market's Future The future of the cryptocurrency market is shaped by a complex interplay of technological advancements, regulatory developments, and investor sentiment. Ethereum (ETH)'s continued innovation, the potential approval of an ETH ETF, the volatile yet captivating performance of meme coins like Pepecoin (PEPE), and the anticipation of significant gains from new entrants likeShiba Budz (BUDZ), all contribute to the dynamic and multifaceted nature of the crypto ecosystem. As investors navigate this landscape, the ability to adapt to emerging trends and leverage the synergies within the Ethereum (ETH) network will be crucial for capitalizing on the opportunities that lie ahead.
In conclusion, the current state of Ethereum (ETH), coupled with the excitement around an ETH ETF,Pepecoin (PEPE)sprice performance, and the potential for significant gains from cryptocurrencies like Shiba Budz (BUDZ), highlights the vibrant and interconnected nature of the crypto market. As we move forward, these elements will undoubtedly play a pivotal role in shaping the trajectory of the cryptocurrency ecosystem, offering both challenges and opportunities for investors and enthusiasts alike.
For more information on the Shiba Budz (BUDZ) Presale: Presale Website:SHIBA BUDZ (BUDZ) Use Promo Codebudzmoon30to get 30% bonus
Join and become a BUDZ member: Telegram:https://t.me/ShibaBudzP2E
Twitter:SHIBA BUDZ "$BUDZ" (@ShibaBudz) / X
Disclaimer:The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
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Cryptocurrency OKB Down More Than 3% Within 24 hours – Investing.com UK
Posted: at 2:48 am
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
OKB's (CRYPTO:OKB) price has decreased 3.0% over the past 24 hours to $55.6, continuing its downward trend over the past week of -14.0%, moving from $64.28 to its current price.
The chart below compares the price movement and volatility for OKB over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has tumbled 40.0% over the past week along with the circulating supply of the coin, which has fallen 0.21%. This brings the circulating supply to 60.00 million, which makes up an estimated 20.0% of its max supply of 300.00 million. According to our data, the current market cap ranking for OKB is #41 at $3.33 billion.
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Cryptocurrency Optimism Decreases More Than 3% Within 24 hours – Investing.com UK
Posted: at 2:48 am
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Over the past 24 hours, Optimism's (CRYPTO: OP) price has fallen 3.44% to $3.08. This continues its negative trend over the past week where it has experienced a 17.0% loss, moving from $3.67 to its current price.
The chart below compares the price movement and volatility for Optimism over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has fallen 34.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.36%. This brings the circulating supply to 1.01 billion, which makes up an estimated 23.43% of its max supply of 4.29 billion. According to our data, the current market cap ranking for OP is #43 at $3.09 billion.
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Shiba Inu Becomes the Most Traded Cryptocurrency in 2024 – Watcher Guru
Posted: at 2:48 am
Shiba Inu is now the top most traded cryptocurrency in India in 2024, reported the countrys leading trading platform WazirX. SHIB outpaced Bitcoin to become the most traded token in March last month. The dog-themed token topped the list of buyers as it spiked nearly 280% in 30 days.
Also Read: Shiba Inu (SHIB) Investor Misses Out on Earning $10 Million
SHIB skyrocketed in price from a low of $0.000009 to a high of $0.00004 in just two weeks last month. The token delivered stellar returns to investors who took an entry position early this year. Below is the top traded cryptocurrency in India in March 2024, according to data provided by WazirX.
Also Read:Cryptocurrency: 3 Coins Can Double in Price in April 2024
Surprisingly, four out of the five most traded cryptocurrencies in India are meme coins. Only Bitcoin stands apart from the rest being the second most traded cryptocurrency in the country. The rise in Bitcoin investments comes after it rallied and hit a new all-time high of $73,737.
Also Read: Shiba Inu: $4,400 Investment Turns Into $172 Million in April 2024
Investors in India made the most out of Bitcoin and Shiba Inus run despite the government levying a 30% tax. Data shows that around 100 million people in India have invested in cryptocurrencies between 2021 to 2024. When WazirX listed SHIB on its platform in May 2021, the exchange crashed due to high volumes of trade.
Even after three years, SHIB still commands the highest buyers be it in the bear or bull markets. The interest in accumulating Shiba Inu tokens has barely dipped in three years making it the only cryptocurrency with a buying pressure throughout.
Also Read: Shiba Inu: AI Predicts SHIB Price For April 5, 2024
The official SHIB page on X tweeted out the achievement thanking the Indian people for buying the cryptocurrency. SHIB was one of the hottest coins on WazirX India in March! The SHIB Army is growing strong in India. Namaste!
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Bitcoin and Crypto Prices Drop: Analyzing the $750 Million Liquidation – Coinfomania
Posted: at 2:48 am
The entire cryptocurrency industry lost more than $200 billion from April 1st to 2nd, recording an 8.7% decline in the total market cap of the cryptocurrency space. This led to a significant liquidation of over $770 million.
On March 31st, Bitcoin rallied up to $71,300 before going into a 2.3% drop on the next day, which was then followed by an additional 6% price decrease on April 2nd, as indicated by data from TradingView. The rest of the cryptocurrencies also followed Bitcoin, with major altcoins like ETH and SOL losing 10% and 10.28% in price, respectively.
The sudden price drop has brought BTC down to $66,000. Which led to a major liquidation event, standing at more than $770 million, according to data on Coinglass. Liquidations in Bitcoin alone add up to $216 million, while Ethereum liquidations stand at $165 million.
Binance the worlds leading cryptocurrency exchange by trading volume recorded the largest amount of liquidation, i.e., $341 million in 48 hours. Similarly, OKX saw the second-largest liquidation, at $284 million.
The liquidations were dominated by long positions, amounting to more than $610 million, indicating an optimistic tendency that proved lethal for hundreds and thousands of traders. Short positions contributed to about $158 million. Due to these dramatic liquidations, perpetual funding rates dropped significantly, readjusting BTC spot prices from $60,000 to $72,000.
Apart from the price dips in the major altcoin, meme coins, which had been a driving factor of the crypto market for the past few weeks, also experienced big corrections in price. For instance, Dogecoin the largest meme coin by market cap had risen more than 170% since the end of February to reach the price level of 22 cents before crashing down to $0.178. Similarly, dogwifhat the most popular meme coin on the Solana blockchain underwent a gigantic rally of almost 1400% before it dropped to the $3.9 level at the time of writing this article.
The recent price drops and liquidations seem like a sizable setback in the current context. And this pullback could very likely be beneficial in the coming months. BTC & ETH margined contracts already into the negatives. All leverage must be destroyed before price discovery, said Jelle, a popular crypto analyst on X.
With Bitcoin at $71,000 and the total market cap of the crypto space having grown from $1.6 trillion to a whopping $2.7 trillion since the start of this year, prices throughout the market were over-extended. The market needed to come down and test the local support level. Before going further up to reach new all-time highs after the Bitcoin halving.
Currently, the BTC price sits at $66,000. While the RSI (Relative Strength Index) has come down to a neutral level of 50. On top of that, Bollinger Bands are also constricting. Which previously happened at the $42,500 level right before BTC underwent a 70% surge in price.
The overall market sentiment, along with all these technical indicators, continues to remain bullish in the long term. Experts suggest that despite the recent corrections and liquidation events, crypto investors need to HODL. Hold onto their investments and stay optimistic.
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Bitcoin and Crypto Prices Drop: Analyzing the $750 Million Liquidation - Coinfomania
Cryptocurrency Pepe Down More Than 5% Within 24 hours – Investing.com UK
Posted: at 2:48 am
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Pepe's (CRYPTO: PEPE) price has decreased 5.41% over the past 24 hours to $0.0000069, continuing its downward trend over the past week of -9.0%, moving from $0.0000076 to its current price.
The chart below compares the price movement and volatility for Pepe over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
Pepe's trading volume has climbed 1.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.61%. This brings the circulating supply to 420.69 trillion, which makes up an estimated 100.0% of its max supply of 420.69 trillion. According to our data, the current market cap ranking for PEPE is #47 at $2.89 billion.
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Bermuda’s Realm insurance expands coverage to cryptocurrency sector – InvestorsObserver
Posted: at 2:48 am
2024-04-03 13:03:44 ET
Bermuda Monetary Authoritys insurance carrier, Realm Insurance , has just revealed a new set of insurance products tailored to addressing the risks associated with the cryptocurrency sector.
This step signifies a broader coverage of insurance for digital assets, covering several risks such as cyber threats to the particular vulnerabilities related to holding cryptocurrencies in hot wallets.
Realm also covers the insurance of emerging sectors such as cannabis and psychedelics. Its services are tailored to meet specific requirements of investment managers of digital asset funds, offering solutions such as coverage for losses incurred from stalking Ethereum.
Sufficient crypto insurance is quite rare, which previously only covered two areas mainly: the commercial crime market and the specie market.
The commercial crime market covers insurance related to cash in ATMs or cash transported in armoured cars.
The specie market is the market where insurance is related to designed vaults for storing items like gold or art.
Until now, there has been a noticeable deficiency in capacity related to crypto risks. Insurance broker Marsh has unveiled an $850 insurance package encompassing cold storage, along with other custody solutions like Multi-Party Computation (MPC), which involves the splitting of cryptographic keys into shards.
For quite a few years, Realm, under the leadership of CEO Joseph Ziolkowski, has provided insurance coverage to several organisations in the decentralised finance (DeFi) empire, including exchanges, payment and remittance platforms, custodians, software developers, and foundations supportive of decentralised autonomous organisations (DAOs).
He mentions that their latest products target areas within the crypto space where there is a lack of insurance coverage, and the capacity limit is tailored to each organisation and circumstance.
Joseph Ziolkowski says, If you look at the amount of capacity in London for something like cold storage or specie cover, its the most basic exposures arising from digital asset operations, and as a result, theres a massive amount of capacity that exists. We deal with much more complex exposures that have far fewer markets that are willing to put their balance sheet on the line for these types of products.
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Bermuda's Realm insurance expands coverage to cryptocurrency sector - InvestorsObserver
Cryptocurrency: Top 3 Altcoins That May Surge 50%100% Post Bitcoin Halving – Watcher Guru
Posted: at 2:48 am
The current cryptocurrency market is thriving. With bullish signals across the board, the sector has been rejuvenated and is awaiting a new influx of users.
With Bitcoin Halving scheduled to take place soon, users are now anticipating an altcoin and meme coin surge that can elevate their prices to new highs.
The event of Bitcoin halving is crucial, as it may end up catapulting the prices of leading altcoins to new highs. The increased user interest in the sector may help these coins find a new identity and status, bringing them back to life.
Heres the list of three altcoins that can surge 50%100% post the ambitious bitcoin halving.
Also Read: Cryptocurrency: Top 3 Coins to Buy Under $0.01 For Stellar Profits
Solana has had a wonderful bull season this year. The token has shown a remarkable price ascent and is waiting for a massive liquidity injector that the network will eventually undergo in April 2024.
With nearly eight leading token airdrops in the queue, Solana is poised to gain steady market momentum post the Bitcoin Halving event.
The Solana price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $280.01 on April 9, 2024, gaining 47.70% in the process.
The massive presale token frenzy that is currently underway is largely driving Solanas price momentum. With new token airdrops scheduled to take place in April, SOLs price may touch a new ATH in no time.
Shiba Inu is another leading meme cryptocurrency with a promising background. The token has gained nearly 137% in the last year. The token is trading at $0.00002646, up 23% in the last month.
The Shiba Inu ecosystem is also undergoing a major overhaul. With projects like Knine and Metaverse development in the mix, the Shib ecosystem is bound to make considerable progress.
Per CoinCodex, post-Bitcoin halving, Shiba Inu will ultimately document a surge worth 220% by AprilMay 2024.
The price of Shiba Inu is predicted to rise by 223.81% and reach $0.00009127 by May 2, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 79 (extreme greed). Shiba Inu recorded 14/30 (47%) green days with 11.12% price volatility over the last 30 days.
Also Read: Cryptocurrency: Three Altcoins Set to Increase 10X Post-Bitcoin Halving
Ripple has shown its mettle from time to time by keeping its price volatility in check and stable. The token is gradually ascending high and is yet to compromise its fan base, which has long been rooting for the tokens potential breakout.
Post-Bitcoin Halving, XRP may notice a surge in price due to increased user interest and interaction. Furthermore, new updates in its ongoing case with the SEC are also bound to bring positive changes for crypto in its entirety.
According to Changelly, Ripple may document a surge of 11% in April 2024.
According to the technical analysis of XRP prices expected in 2024, the minimum cost of XRP will be $0.541. The maximum level that the XRP price can reach is $$0.680.
Similarly, with new SEC updates pouring in, the price of XRP can rise sharply soon.
XRP is forecast to trade within a range of $0.378308 and $1.874359. If it reaches the upper price target, XRP could increase by 215.14% and reach $1.874359 by the end of 2024.
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Cryptocurrency: Top 3 Altcoins That May Surge 50%100% Post Bitcoin Halving - Watcher Guru
Cryptocurrency Injective Up More Than 4% In 24 hours – Investing.com UK
Posted: at 2:48 am
Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Over the past 24 hours, Injective's (CRYPTO: INJ) price has risen 4.72% to $34.11. This is contrary to its negative trend over the past week where it has experienced a 9.0% loss, moving from $37.59 to its current price. As it stands right now, the coin's all-time high is $52.62.
The chart below compares the price movement and volatility for Injective over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has fallen 14.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 1.23%. This brings the circulating supply to 88.89 million. According to our data, the current market cap ranking for INJ is #44 at $3.02 billion.
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