Market updates News

Biggest Movers: AVAX Hits 2-Week Low as DOT Extends Recent Losses

Coins Legend February 28, 2023 0

Avalanche fell to a two-week low on Tuesday, as the token broke out of a key support point. Prices fell below a floor at $17.50, which comes as the global cryptocurrency market cap is down by 1.01% as of writing. Polkadot also extended its recent losses, falling by nearly 3% on Feb. 28.

Altcoins Market updates News

Biggest Movers: SHIB, LTC Marginally Higher During Volatile Start to the Week

Coins Legend February 27, 2023 0

Shiba inu started the week trading marginally higher, despite cryptocurrencies mostly consolidating on Feb. 27. At the time of writing, the global market cap is currently up 0.83%, as volatility has intensified. Litecoin also rebounded on Monday, hitting a four-day high. Shiba Inu (SHIB) Shiba inu (SHIB) continued to move away from a recent support […]

Market updates News

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

Coins Legend February 26, 2023 0

2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look at […]

Market updates News

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

Coins Legend February 25, 2023 0

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same […]

Altcoins Market updates News

Biggest Movers: LTC Snaps Losing Streak, SOL Moves 7% Lower

Coins Legend February 22, 2023 0

Litecoin snapped a four-day losing streak on Feb. 22, despite cryptocurrency markets mostly trading lower. The token rose for the first time since Saturday’s session, when prices were above $100.00. On the other hand, solana extended recent declines, falling by as much as 7%. Litecoin (LTC) Litecoin (LTC) ended a four-day losing streak on Wednesday, […]

Market updates News

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

Coins Legend February 22, 2023 0

On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone” […]

Market updates News

Biggest Movers: BCH Hits Fresh Multi-Month High, Whilst MATIC Extends Declines 

Coins Legend February 21, 2023 0

Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most notable tokens to fall has been polygon, which dropped for a fourth straight day. Bitcoin Cash […]

Altcoins Market updates News

Biggest Movers: SOL 11% Higher, BCH Hits Strongest Point Since July 

Coins Legend February 20, 2023 0

Solana rose by as much as 11% to start the week, as the token moved higher for a fourth consecutive session. Market sentiment has mostly been bullish in the past two weeks, leading to prices hitting a multi-month high on Monday. Bitcoin cash also surged, climbing to its strongest level since July. Solana (SOL) Solana […]

Market updates News

End of an Era for the Seasonal Tokens Economy: Summer Tokens to Become Scarcer

Coins Legend February 20, 2023 0

PRESS RELEASE. Like bitcoin, the four Seasonal Tokens – Spring, Summer, Autumn and Winter – are produced by proof-of-work mining and go through regular halvings that make them harder to obtain as time goes on. Once every nine months, the rate of production of one of the tokens is cut in half. That token goes […]

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Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125

Coins Legend February 19, 2023 0

In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against the U.S. dollar. The following presents a […]