Author: Joy Nganga

Shiba Inu Coin (SHIB), one of the most trending meme currencies, has demonstrated an upward movement in the past day. Data from CoinMarketCap revealed that the price of SHIB rose by 1. 38%, reaching $0. 00002528. The coin’s value had a minimum of $0. 00002409 and a high of $0. 00002522 during this period. At the time of writing this, the market capitalization of Shiba Inu (SHIB) is $14. 94 billion, up by 1.64%  over the last 24 hours. Over the past 24 hours, the volumes have also increased by 36. 30%, reaching $494. 51 million, which shows that the…

Read More

Toncoin (TON) has risen in price significantly within the last one day. Toncoin is a layer-1 blockchain related to Telegram,through which the coin has risen to above $6. 30. As it followed the recent trend, Toncoin price went above $6. 41. Toncoin has increased by 1. 55 percent over the past 24 hours. The market capitalization of Toncoin has grown to around $15. It increased from 36 billion to 45 billion, which is an indication of 1.19% increase. Also, the trading volume has increased by 34% in the last 24 hours and the circulating supply is 106,425,000. 74%, amounting to…

Read More

As of the latest updates, Solana (SOL) is trading at $167.47, marking a slight decrease of 0.61% over the past day. This recent price action continues the trend of instability, with SOL struggling to maintain its footing above the significant support level at $169. The trading volume has increased by 11.48% to $2,733,386,316, indicating heightened activity that might not necessarily be bullish, as the price dip suggests increased selling pressure. In the current scenario, Solana’s price action has faced resistance near $170, failing to establish new highs above this level. This resistance point is critical as it aligns with the…

Read More

The Bitcoin market is experiencing a noticeable downturn, with the price fluctuating near the $67,881 mark, reflecting a mild daily decline of 0.50%. Despite this, the trading volume has seen a significant uptick by 10.84% to $28.57 billion, indicating an increase in market activity which may be driven by traders reacting to the latest market news or price adjustments. Today’s trading session sees Bitcoin grappling with key resistance levels as it attempts to stabilize after recent drops. The market cap has slightly decreased by 0.45% to $1.34 trillion, suggesting some level of sell-off occurring in the market. The recent price…

Read More

Polygon’s MATIC token has experienced a slight uptick, currently trading at $0.7372, which marks a 0.98% increase within the last 24 hours. Despite the broader cryptocurrency market’s struggles, MATIC’s market capitalization has seen a modest rise to $7.3 billion, placing it 18th in global crypto rankings. This positive shift is supported by a significant 69.71% increase in trading volume, which suggests heightened trading activity and potential investor interest. The current trading scenario showcases MATIC’s attempt to break past the pivotal resistance at $0.75. A successful closure above this level could spark a more sustained bullish trend, catalyzing further buying activities.…

Read More

Bitcoin (BTC), the leading cryptocurrency, has been experiencing a slight decline in the last 24 hours, currently trading at $68,538.09, marking a 0.63% decrease. The market cap has slightly retracted to approximately $1.35 trillion, reflecting a cautious sentiment among investors. Despite the downward trend, the 24-hour trading volume has surged by 32.57% to $19.24 billion, indicating active trading within the market. BTC’s price has oscillated between $68,308 and $69,340 today, showing a consolidation pattern as traders and investors evaluate their next moves. This comes at a time when the broader crypto market is displaying mixed signals, influencing Bitcoin’s ability to…

Read More

Bitcoin (BTC) has shown a robust performance this week, starting at around $67,000 and spiking to just above $71,000 amidst growing optimism over potential Ethereum ETF approvals in the US. This surge reflects a broader bullish sentiment in the cryptocurrency market, although BTC has slightly retracted to a current trading price of approximately $69,500. Despite this minor pullback, Bitcoin maintains a 6% increase weekly and 13% monthly, indicating sustained market interest and investment. Institutional Inflows and ETF Dynamics The trading dynamics around Bitcoin ETFs, especially BlackRock’s IBIT, have been notably influential, with the ETF securing 94.86% of recent inflows totaling…

Read More

Worldcoin has experienced a minor decline today, with its value falling by 1.84% to a current price of $5.12. This price decrease accompanies a significant 24-hour trading volume of $355.2 million, indicating active trading despite the price dip. The recent regulatory scrutiny from Hong Kong authorities has raised concerns among investors, impacting the digital asset’s price dynamics. Regulatory Headwinds and Impact Recent developments have seen the Hong Kong regulator issuing a notice to Worldcoin regarding its data collection practices. The regulatory body has raised concerns about the adequacy of information provided to the public, affecting over 8,000 individuals. This news…

Read More

Bitcoin has surged past the $70,000 threshold today, fueled by positive market sentiment around the anticipated U.S. approval of Ethereum ETFs. This significant increase reflects a broader enthusiasm in the cryptocurrency market, with Bitcoin reaching a high of $71,650. The rise is partly driven by investor optimism that the U.S. will soon approve the first Ethereum ETFs, which is expected to bring more stability and trust to the cryptocurrency market. Bitcoin’s Onchain Activity and Market Sentiment Currently, Bitcoin is trading at $71,009.91, marking a 6.04% increase within the last 24 hours. The market cap of Bitcoin has also grown, now…

Read More

Worldcoin (WLD) has shown a significant downturn in this week’s trading, marking it as the week’s most substantial loser with an overall decline of over 16%. The decline started sharply after a brief initial gain at the beginning of the week. Starting around $5.90, WLD saw a rapid descent, with a notable drop of 5.2% on May 13th and a steep 15.28% fall on May 14th. This series of declines brought its price down to around $4.70, struggling to regain its footing in the $5 region. Key technical levels have become apparent as WLD continues its downward trajectory. Recently, it…

Read More