Indian markets remain closed today, Saturday, April 13, 2024, but investors are eagerly anticipating the upcoming week as most of major companies are set to announce their fourth-quarter (Q4) earnings for the fiscal year 2024 (FY24). The NIFTY 50, India’s benchmark index, closed at 22,519.40 on April 12, down 1.03%. Similarly, the BSE SENSEX, the country’s other major index, closed at 74,244.90, a decline of 1.06%. The markets experienced a broad-based sell-off, reflecting the cautious sentiment among investors ahead of the upcoming earnings season. Tata Consultancy Services (TCS) Tata Consultancy Services (TCS), the country’s largest IT services company, reported…

Bitcoin (BTC) has been on a bearish trend in the last 24 hours, with a sharp drop in its price, sending ripples across the cryptocurrency market. The leading cryptocurrency saw a sudden 5% drawdown, tumbling from $68,341 to as low as $65,110 within just 60 minutes during late New York session trading hours on April 12. This downturn resulted in significant losses for traders, with over $400 million in leveraged positions liquidated across Bitcoin and various altcoins. BTC/USD 24-hour price chart (source: CoinMarketCap) At press time, BTC was still in a bearish trend, with price trading at $67,455, a…

Shiba Inu price analysis shows a significant 11.66% drop over the past 24 hours, reflecting a broader market correction that has affected many digital assets. With the current price standing at $0.00002438, SHIB has seen a considerable weekly slide of 6% and a 20% decline over the past month. This downturn is part of a more extensive pattern of volatility within the crypto market, with the well-known meme coin following suit. Trading Volume Surges as SHIB’s Price Dips to Lows of $0.0000223 Despite its decrease in value, Shiba Inu’s trading volume has spiked, indicating a sharp rise in market…

In this article, we’ll delve into the top 10 cryptocurrencies that have experienced exponential gains this week.  Cryptocurrencies have been a hot topic for investors seeking high returns, especially in recent years. With the market’s volatility, it’s not uncommon to see sudden surges in the value of certain digital assets. Bitcoin (BTC) Bitcoin, the pioneer cryptocurrency, continues to lead the market. Despite its maturity, Bitcoin occasionally sees significant price movements. This week, it surged by over 15%, reaching new all-time highs. Institutional interest, macroeconomic factors, and increased adoption contribute to Bitcoin’s ongoing bullish trend. Ethereum (ETH) Ethereum, the second-largest cryptocurrency…

Check out the analysis of Bitcoin price prediction before the halving event There are many things that affect the price of Bitcoin, but only one gets a lot of attention: halvings. When a block reward is cut in half, it triggers a halving of the block reward. Halvings have been a significant factor in bull markets in the past. While the effects of halvings are slowly fading, the upcoming halvings are likely to play an essential role in setting the price of Bitcoin. The first thing to understand is that the price of Bitcoin is always a function of net…

FTX drama continues: Bankman-Fried Challenges Fraud Conviction in high-stakes appeal In a move that has sent ripples through the financial and legal worlds, Sam Bankman-Fried, the former CEO of the now-defunct cryptocurrency exchange FTX, has filed an appeal against his fraud conviction and the consequential 25-year prison sentence. This development comes after a high-profile trial that concluded with Bankman-Fried being found guilty on seven counts of fraud and conspiracy to launder money. The Conviction In November, after a month-long trial, a jury found Bankman-Fried guilty of defrauding FTX customers and investors of Alameda Research. The verdict was a landmark moment…

The announcement by Coinbase to list Pepe (PEPE) futures trading on its platform represents a significant milestone The cryptocurrency market has seen a surge in popularity and demand for meme coins, with investors flocking to assets like Dogecoin and Shiba Inu in search of high returns and speculative opportunities. Among these meme coins, Pepe (PEPE) has emerged as a prominent player, gaining traction for its unique appeal and widespread community support. The recent announcement by Coinbase to welcome Pepe meme coin futures trading on its platform has further fueled the excitement surrounding PEPE and propelled its price to new heights.…

Check out whether the Ethereum price hit a new ATH next month Ethereum price is currently trading above $3500, showing its stability in a volatile crypto market. This shows its resilience and its ability to adjust to changes in the market. Ethereum price’s market performance shows that it went up in the run-up to the release of the new version of Ethereum, Dencun, and then sold off after that. This shows how important events can affect the price of Ethereum and how volatile the crypto market can be. Considering the technical analysis of the Ethereum after the recent breakout of…

The crypto market has seen a notable wave in recent months, with many digital assets reaching new heights. However, one coin that has struggled to keep up with the bullish momentum is Cardano (ADA). Once a frontrunner among the top cryptocurrencies, ADA has recently slipped to the tenth position in terms of market capitalization, surpassed by the ascending toncoin (TON). Cardano has a market cap of $20.7 billion and a 24-hour trading volume of $342.9 million and is trading at $0.5817 as of writing, reflecting a 1.65% daily decrease and a 22.23% drop over the past month. Toncoin (TON), on…

Polkadot’s (DOT) market performance has recently been under the command of bearish trends, with the token exhibiting sideways movement. However, a closer analysis of the market suggests that this stagnation could be preceding a significant shift. According to the data from CoinMarketCap, DOT has seen only a marginal change over the past week. Yet, the last 24 hours have intensified the downturn, with a decline exceeding 1.8%, positioning the token’s price at $8.37. The recent price activity has led to a market valuation drop of 1.28%, settling Polkadot’s market capital at approximately $12,002,278,529. With a circulating supply of 1,432,670,311 DOT,…