Bitcoin is flashing green during the early Asian trading session on Wednesday, Aug. 7 and memecoins, which were the biggest losers in the recent sell-off, are also recovering along with the big crypto. After an amazing performance in the part of last week, the memecoins has been bleeding since the start of the weekend, posting double-digit losses, alongside BTC’s 20% slump to $59,577. At the time of writing, tokens in this sector had begun their recovery as the big crypto climbed back above $57,000. Top memecoins performance. Source: CoinGecko Solana-based Dogwifhat (WIF) has rallied over 26% over the last 24…

The ongoing crypto recovery is broad-based, showcased by the global market capitalization gaining nearly 8.57% over the past 24 hours to rest at $1.9 trillion. The total trading volume has also reached $172 billion, asserting the strength of the recovery. Solana’s SOL is leading the gains on Tuesday, up 13.7% over the last 24 hours to trade at $139 at the time of publication. With this performance, SOL is the biggest gainer among the top 10 cryptocurrencies by market capitalization, according to data from CoinMarketCap. Top gainers Feb. 1. Source: CoinMarketCap In comparison, the largest cryptocurrency, Bitcoin, is up 4.56%…

The price of Ether (ETH) retested its major support levels on Aug. 5; a break below this levels could signal a bearish trend ahead. According to data from CoinMarketcap, ETH has dropped 20% over the last 24 hour to trade at $2,314. The layer 1 token has underpeformed the wider crypto market which has dropped by 13% over the last 24 hours, wiping out more than $500 billion from the industry to rest at $1.85 trillion at the time of publication. With this drawdown is the liquidation of more than $1.06 billio leveraged crypto position across the broader crypto market,…

XRP is leading the gains on Wednesday as the wider crypto market experienced modest losses. XRP price is up 7.8% over the last 24 hours to trade at $0.6469 as of 5:00 am ET. With this performance, the remittance token is the biggest gainer among the top 100 cryptocurrencies by market capitalization according to data from CoinMarketCap. Top gainers July 31. Source: CoinMarketCap In comparison, the global crypto market capitalization is down 0.71% on the day to rest at $2.39 trillion. Bitcoin is down 0.7% to $$66,289, and Ether’s ETH has dropped by 0.5% to $3,313 over the same time…

Ether price has sent mixed signals since the launch of spot Ethereum ETFs that many expected would push the altcoin into price discovery. ETH is down 6.5% since July 23 when the ETFs were launched, fueled primarily by the high capital outflows from these investment products. However, things could be looking up for Ether’s price as flows into the spot Ethereum ETFs turn positive. Data from Farside Investors reveals that the nine U.S. spot Ethereum exchange-traded funds saw net inflows of $33.67 million on July 30, ending a four-day streak of negative flows. Spot Ethereum ETF flows table. Source: Farside…

The Brett price was trading at $0.13847 as of 4:30 am EST, up 10% over the last 24 hours. BRETT has rallied as much as 241% over the last 90 days and is expected to move even higher into price discovery. Brett is a new memecoin on the BASE layer 2 blockchain that aims to surpass the well-known PEPE in popularity. Despite this ambition, Brett has seen a 30% decline in value since reaching its all-time high of $0.195550 to the current price. BRETT’s market capitalization currently stands at a robust $1.372 billion, ranking among the top 100 digital, according…

ADA price is displaying strength on July 26 after rising 4.45% over the last 24 hours to $0.4127. Cardano has been in a downtrend, dropping more than 60% from $0.8102 to $0.3171 between March 15 and July 5. This drawdown has brought the total gains over the last 90 days to 10% and a decline of 30% year-to-date. This bearish trend could soon come to an end fueled by the much-awaited Chang hard fork, which is supposed to transition the Cardano network to decentralized governance. The latest version of the validator node, Node 9.1.0–an upgrade of Node 9.0 released on…

The Pepe price is trading at $0.00001244 as of 12:30 am EST, up 5% over the last 24 hours. The price of the Ethereum-based memecoin is up 50% over the last ten days in a rally that saw PEPE rise above the $0.000012 level, reaching as high as $0.00001289 on July 17. Supplier congestion around $0.0000129 has kept the price lower as bulls fight to keep the price above $0.000012. Despite this resistance, Pepe still displayed strength with a bullish technical formation bringing areas above $0.000018 into the picture. From a technical perspective, the ongoing correction in PEPE’s price action…

Ethereum (ETH) price is down nearly 1% on Tuesday as the United States Securities and  Exchange Commission (SEC) confirmed that it has given the final approval for spot ETH ETFs on July 23. According to SEC’s updates on its website, it has approved the S-1 registratements of spot ETH ETF issuers,  making it Ether the second digital asset ETF to go live in the US. The approval is also visible across the websites of the various asset managers that applied for the product. Unsure if it means anything but the only funds from the Ethereum ETF race that don’t yet…

The Ethereum price is trading at $3,485, down 0.2% over the last 24 hours, as the market awaits the launch of the first spot Ethereum ETFs in the United States. The Chicago Board Options Exchange (CBOE) confirmed July 23 as the launch date for the five ETFs assigned to trade on its platform: 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and Franklin Ethereum ETF. The four other spot ETH ETFs are expected to trade either on the Nasdaq or the New York Stock Exchange (NYSE) Arca. Even though there is no official announcements…