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Market Analysis

Gold Hits All-Time High—Why Isn’t Bitcoin Matching Its Gains?

  • Post author:Auto News Feed
  • Post published:August 21, 2024
  • Post category:Market News

While the precious metal has surged in value, the volatility of so-called “digital gold” is through the roof.

Continue ReadingGold Hits All-Time High—Why Isn’t Bitcoin Matching Its Gains?

New Solana-Based Polymarket Rival from Drift Draws Over $3 Million in Liquidity

  • Post author:Auto News Feed
  • Post published:August 21, 2024
  • Post category:Market News

Drift Protocol spun up a new prediction market on Monday, and the price of its own token has surged.

Continue ReadingNew Solana-Based Polymarket Rival from Drift Draws Over $3 Million in Liquidity

Ethereum Gas Fees Fall as Experts Foresee an ETH Price Bottom

  • Post author:Auto News Feed
  • Post published:August 21, 2024
  • Post category:Market News

A number of factors have shifted focus from ETH, but there are reasons to expect its price to rebound.

Continue ReadingEthereum Gas Fees Fall as Experts Foresee an ETH Price Bottom

Malaysian Police Crushed Hundreds of Bitcoin Mining Rigs With a Steamroller

  • Post author:Auto News Feed
  • Post published:August 21, 2024
  • Post category:Market News

Amid a countrywide crackdown on electricity theft, Bitcoin mining rigs faced their fate—being pulverized in a parking lot for cameras.

Continue ReadingMalaysian Police Crushed Hundreds of Bitcoin Mining Rigs With a Steamroller

Bitcoin Price Churn Enters ‘Final Phase’ Before Bull Run Continues: CryptoQuant

  • Post author:Auto News Feed
  • Post published:August 21, 2024
  • Post category:Market News

The market now perceives $57,000 to be much cheaper for BTC than it did years ago, an analyst says.

Continue ReadingBitcoin Price Churn Enters ‘Final Phase’ Before Bull Run Continues: CryptoQuant

Nigeria’s SEC Chief Says Crypto Exchange Licenses Are Imminent

  • Post author:Auto News Feed
  • Post published:August 21, 2024
  • Post category:Market News

Nigeria will issue licenses to exchanges "sooner than you think," the country's SEC chief said, marking a major shift in its crypto policy.

Continue ReadingNigeria’s SEC Chief Says Crypto Exchange Licenses Are Imminent

Crypto Lender Ledn Gets $50 Million Bitcoin-Backed Loan

  • Post author:Auto News Feed
  • Post published:August 21, 2024
  • Post category:Market News

The BTC-backed loan from regulated Swiss bank Sygnum Bank is hailed as an industry first.

Continue ReadingCrypto Lender Ledn Gets $50 Million Bitcoin-Backed Loan
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