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Cryptocurrency
Institutions selling Arbitrum (ARB) tokens amid prolonged downtrends
August 22, 2023 01:37 AM AEST| By InvezzArbitrum, a leading Ethereum-based layer2 chain, had its native token ARB exhibiting bearish actions since April 2023. Meanwhile, institutions seem ready to trim their holdings as they transfer ARB to centralized exchanges (CEXs). SpotOnChain tweeted...
THORChain (RUNE) displays momentum following lending protocol launch
August 22, 2023 12:31 AM AEST| By InvezzDecentralized exchange (DEX) THORChain (RUNE) flashes momentum following its recent launches. The highly-awaited THORChain lending protocol and Streaming Swaps functionality present a significant game-changer for the crypto project, enhancing usage a...
Bitcoin on-chain data suggests BTC not out of the woods just yet
August 21, 2023 10:18 PM AEST| By InvezzBitcoin is hovering just above $26,000 on Monday morning, giving up slight gains witnessed over the weekend. The flagship cryptocurrency is down nearly 1% in the past 24 hours and 11% this past week. Bitcoin price outlook While the market dynamics co...
Ethereum outlook darkens as founder Vitalik Buterin sends 600 ETH to Coinbase
August 21, 2023 09:52 PM AEST| By InvezzOn Monday, Ethereum co-founder Vitalik Buterin transferred 600 Ether, worth approximately $1 million, to exchange Coinbase. That comes as the overall cryptocurrency market recorded downside price movements, with Ether losing over 10% following the la...
Bitcoin price prediction: will it keep up with meme coins hype
August 21, 2023 07:19 PM AEST| By InvezzBitcoin made a scare plunge on Thursday sending shockwaves to the entire crypto space as investors feared it could drop past $25,000. BTC’s dip coincided with a US judge ruling allowing the US SEC interlocutory appeal request. Bitcoin bounced o...
Chancer ($CHANCER): an antidote to the failing play-to-earn sector?
August 20, 2023 12:30 PM AEST| By InvezzGameFi tokens flourished following explosive two years that took their market cap to $27B as of early 2022. However, fundamental flaws in the play-to-earn concept had the market sector that once attracted top influencers and investors plunging to $3B...
Bitcoin claims 25K as Shiba Memu investors defy bear market to take presale above $2M
August 20, 2023 07:15 AM AEST| By InvezzCrypto markets are surprisingly going lower after some periods of resilience. Bitcoin’s price has dropped below $26,000, its lowest in 2 months. The losses have been replicated across the crypto sector. Meanwhile, investors are highly optimisti...
Crypto price prediction after the shakeout: Chancer, Injective
August 19, 2023 03:06 PM AEST| By InvezzIt was a difficult week for cryptocurrencies as Bitcoin price finally made a bearish breakout and settled below the support at $26,000. Most coins and tokens retreated, bringing the total market cap of cryptocurrencies to ~$1 trillion. Some ana...
No final decision yet in Grayscale ETF lawsuit with the SEC
August 19, 2023 03:14 AM AEST| By InvezzThe crypto community expected a decision from the US Court of Appeals regarding a lawsuit by Grayscale against the US Securities and Exchange Commission (SEC) today. It did not come and experts are saying the next possible date is next Tuesday, Augus...
Terra Luna Classic community proposes better governance amid revival plans
August 19, 2023 01:54 AM AEST| By InvezzThe Terra Luna Classic community has proposed an inclusive plan as the blockchain platform relaunch plans. Happy Catty Crypto and Strathcole have suggested a united vision, eyeing a better network for all participants. The vision includes the chain&#...
Shiba Inu’s Shibarium: evaluating initial challenges & potential future
August 18, 2023 11:46 PM AEST| By InvezzShiba Inu enthusiasts have been awaiting the official launch of the layer2 network Shibarium. However, the scaling solution failed to match the excitement following various issues. Invezz.com reported how Shiba Inu ecosystem tokens, including SHIB, L...
Traders wait for Grayscale vs. SEC verdict as liquidations deteriorate crypto markets
August 18, 2023 09:39 PM AEST| By InvezzThe cryptocurrency market has plummeted relentlessly, with liquidations exceeding $1 billion. Such developments and a weak market structure could have welcomed the massive price plunges. Bitcoin flashed bearish signals after news of SpaceX selling it...
Ripple (XRP) plunges after SEC interlocutory appeal request approval
August 18, 2023 08:49 PM AEST| By InvezzThe value of XRP, the digital asset connected to Ripple Labs, has dropped by a startling 30%, causing a seismic change in the cryptocurrency space. The plunge coincided with the approval of the US Securities and Exchange Commission’s (SEC) inte...
Bitcoin remains nowhere near gold
August 18, 2023 05:58 PM AEST| By InvezzIt’s been interesting to track the crypto markets in recent months, with the normally-volatile asset class being uncharacteristically calm. Amid a summer trading lull and the relative absence of large needle-movers recently on the macro stage, volati...
Here’s why the SEI crypto price has nosedived
August 18, 2023 03:00 PM AEST| By InvezzSei crypto price has plunged by more than 80% from the highest level this week as demand for the token eased. The token plunged to a low of $0.1664 on Friday, down from its all-time high of ~$1. This decline brought the total market cap to slightly u...
Here’s why ApeCoin, Zilliqa, Sei, Sui, Solana prices are sinking
August 18, 2023 12:30 PM AEST| By InvezzCryptocurrency prices were in the red on Friday morning as concerns as a sense of fear spread in the market. Bitcoin plunged below the important support at $28,000 and reached a multi-month low of $26,000. Most altcoins, including ApeCoin, Zilliqa, B...
Bitcoin hits lowest price since April – what are analysts saying?
August 18, 2023 05:04 AM AEST| By InvezzBitcoin’s dip below $28,000 on Thursday has the top cryptocurrency staring at further rot that could see it drop to lows of $25,000. Crypto analyst Rekt Capital says this happened in April/early May when prices fell from the supply wall around...
Tether ends USDT support for OmniLayer, Kusama and BCH-SLP
August 18, 2023 01:53 AM AEST| By InvezzTether, the issuer of $82 billion market cap stablecoin USDT, has announced that it will discontinue support for three blockchains as part of a strategic transition aimed at meeting community demand and fostering innovation. An announcement the compa...
SHIB and BONE prices fall hard following Shibarium mainnet release – here’s why
August 17, 2023 07:55 PM AEST| By InvezzShiba Inu‘s ecosystem encounters negativity after its highly-awaited layer2 Shibarium platform stopped producing blocks again. The network has experienced some issues on its debut, and developers are working to recover stuck cryptocurrency toke...
Bullish investors see opportunity in Shiba Memu as crowd bets against markets
August 17, 2023 07:40 PM AEST| By InvezzCrypto markets’ continued uncertainty has traders increasingly bearish. The total crypto market capitalization is down nearly 2% in the past 24 hours to $1.18 trillion. The Fed’s interest rate outlook as hinted in minutes released Wednesd...
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