Author: Kelvin Munene

Kelvin is an experienced crypto journalist with over 6 years of experience. He has over 10, 000 works published under his profile in several media sites in the crypto, Web 3 and Finance sectors.

The price of Pepe (PEPE) has been quite volatile in the past few days, attributable to the bearish sentiment in the whole crypto market. Consequently, the PEPE price fluctuated and reached a 24-hour high of around $0.0000120, later dropped to about $0.0000110, and is currently trading at $0.00001184. Concurrently, in the last 24 hours,  PEPE’s trading volume has decreased by 14.19%. In addition, PEPE’s market capitalization has dropped by 0.70% and currently stands at around $4,952,657,574. Beyond that, according to Etherscan, the number of holders of PEPE has exceeded 264,000, attesting to the interest in the coin. Source: CoinMarketCap This…

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Bitcoins price has dropped to $64,340 amidst increased market fluctuations and broader economic conditions. This downward movement is a moment for Bitcoin as it faces challenges in maintaining support levels. BTC market capitalization dipped by 3.11% during the rally to $1,268,878,140,393. However, the 24-hour trading volume surged by 7.96% to $34,701,167,470, with investors buying the dip. Source: CoinMarketCap Market Reaction to Global Tech Stock Slump The decline in the cryptocurrency markets is closely linked to a downturn in global technology stocks leading investors to look for secure investment options. Both the S&P 500 and Nasdaq closed at their lowest points…

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Despite being bullish in the last 24 hours, with the price soaring to an intra-day high of $68,267, the Bitcoin (BTC) price hit as Mt Gox made substantial Bitcoin transfers. The now-defunct exchange moved more than $2.8 billion worth of Bitcoin, which affected the cryptocurrency market at the time. Source: CoinMarketCap) Mt Gox Bitcoin Transfers According to data from Arkham Intelligence, on July 23, Mt Gox transferred 42,587 BTC, valued at around $2.85 billion, to an internal wallet. Another 5,110 BTC was moved via yet another internal wallet, all indicating that the exchange is preparing for BTC repayments to creditors.…

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Ethereum price analysis points toward a possible upside ahead of the Ether ETF launch, although whale activity signals a possible sell-side pressure. Two large investors have moved as much as 25,865 ETH to centralized exchange wallets over nine days, raising fears that there could be a possible sell-off in the crypto market. Whales Transfer ETH to Centralized Exchanges Large-volume holders in ETH have largely anticipated the upcoming launch of the ETF, data from Spot On Chain shows. One of the whales, with the address prefix 0xbec, sent 11,965 ETH valued at around $41.4 million to Binance, and it still held…

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Bitcoin raced to a new one-month high above $66,000 on July 19, 2024. This means the crypto market has undertaken general positive momentum, which has seen the value of the cryptocurrency Bitcoin rise sharply from $63,303 to almost $67,000 within hours. Bitcoin’s Recent Performance On July 19, its price sharply surged to an intraday high of $66,773. The spontaneous increase in the asset resulted from a confluence of bullish factors and market dynamics.  According to TradingView data, Bitcoin’s value surged by over $3,000 in four hours, liquidating shorts worth $131.65 million in the process.  The latest rally has henceforth affected…

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Dogecoin (DOGE) prices continue to rise, with a noticeable upward-moving trend and taking its value to $0.1271. The rise marks a 6.94% gain over the past 24 hours due to growing buying pressure, as proven by the uptrend from lows of around $0.1188 to highs slightly above $0.127 in intraday trading.  The cryptocurrency touched briefly above $0.127 at its intraday high and was around $0.1188 for the level of its intraday low. Thus, it has a strong upward move. Source: CoinMarketCap The market cap of DOGE today has also swelled to an approximate $18,455,224,308, or 6.95%. Mainly, it shows that…

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The plunge in the price of Bitcoin recently struck at $63,700, a clear sign that bearish momentum has been gaining strength. Analysts have averred that for any confirmation of an uptrend and significant rally past $74,000, Bitcoin has to reclaim its previous all-time high—currently standing at $69,000. BTC was trading at $63,902.52 at press time, a 1.22% dip from the intra-day low. Source: CoinMarketCap Commenting further was a co-founder at Glassnode, Yann Allemann, who said that only upon reclaiming this old high would a bullish continuation be expected, thereby setting the stage for potential advances beyond $69,000. Popular technical analyst…

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After a bull uptrend within the last 24 hours, XRP’s price has retraced after failing to break past the intraday high at $0.6234. However, the increasing trading volume alludes to an incoming influx of buyers scooping up the dip to increase their token holdings before an anticipated favorable ruling in the Ripple vs. SEC case. XRP Market Performance XRP, the sixth-biggest digital asset in terms of capitalization, has seen tremendous surges lately. The digital asset registered a 40% increase over the week, having charged above the critical support area at $0.381 on the 5th of July. This move has seen…

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Bitcoin prices have continued their surge and, on Wednesday, were approaching nearly $66,000. That has triggered over $200 million in liquidations across the broader crypto market. BTC was trading at $65,383.14 at press time, a 3.45% surge from the intra-day low. Source: CoinMarketCap Data from Coinglass indicates that over the past 24 hours, more than $65.2 million in Bitcoin derivatives positions have been liquidated. This includes $34.8 million in BTC short liquidations, coupled with $28.15 million in BTC long liquidations, primarily through crypto exchanges OKX and Binance. More so, if Bitcoin continues its rally closer to all-time highs, there will…

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Over the last 24 hours, Pepe (PEPE) has been blowing off the hinges as far as trade volumes and market capitalization go. Trade in PEPE has shot up by 150% over the previous 24 hours, totaling $2,122,086,653 in trade value. In the same light, it was also met with a 29.61% increase in price to fetch $0.00001213 for PEPE. This made the market cap for PEPE spike by 28% to $5,101,943,131, holding position 22 at the top. Pepe Price Analysis_ PEPE Price Surges 29% as Trading Volume Skyrockets Source: CoinMarketCap Venture Capital Firm Nascent’s Large-Scale Acquisition One central development in…

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