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The Fear and Greed Index of the crypto market is reading below 46, painting a gloomy picture. This has seen several cryptocurrencies, including Bitcoin, massively lose value. Over the past few hours, the market lost 12.33% of the entire market capitalization. Furthermore, on the weekly time frame, the market cap has dipped over 21%, plunging below $1.8 trillion. Analysts claim that the downturn was initiated by an active bear and the FOMO among investors over global uncertainties. However, this article takes careful consideration of some of the best altcoi n s to invest in today. 5 Best Altcoins To Invest In Today A meme coin project, Brett (Based), is one of the few crypto projects investors could look into. Despite dipping briefly, its price has grown over 12% in the past 12 hours. Keen observers detected major favourable activities in the trading volume, leading them to project a massive comeback soon.  As many investors are experiencing the gut-wrenching sensation of seeing...

The Ethereum price plummeted more than 19% in the last 24 hours after a wallet linked to Jump Trading moved another 17,576 ETH worth over $46.7 million to a centralized exchange, spooking investors. Following the substantial amount of ETH that was sent to an exchange during the past trading day, Jump Crypto still holds 37.6K Lido wstETH (wstETH) and $11.5K staked ETH (STETH), valued at $101 million and $26.3 million, respectively, according to Spot On Chain . The development came as the broader crypto market plunged amid concerns over an interest rate hike in Japan and the risk that the Federal Reserve is behind the curve in cutting rates. “The reason for the crazy crypto sell-off seems to be Jump Trading, who are either getting margin called in the traditional markets and need liquidity over the weekend, or they are exiting the crypto business due to regulatory reasons ( Terra Luna related ),” said Julian Hosp, the CEO and co-founder of Cake Group. Hosp in an Aug. 4 pos...

The crypto market is recovering from its lows, as most of the tokens are priced in green. Notably, the fear and greed index stays at 60, indicating greed in the market. Sooner or later, traders are anticipating a potential bull run. In the past 24 hours, the global crypto market cap has witnessed an increase of 2.15% to $2.8 trillion before retracting.  The total crypto market volume remains at $63.8 billion, which marks a 28.45% decline. However, traders are observing the market volatility, and some cryptocurrencies have captured the top gainers spot with their exceptional performance. Let’s check out the best cheap crypto to buy under 1 dollar .   5 Best Cheap Crypto to Buy Now Under 1 Dollar Many low-priced tokens have outperformed high-cap tokens in terms of price increases. SKALE is a notable example, demonstrating significant potential and delivering substantial profits to early investors. Also, we made a comprehensive Analysis of two presale tokens, Pepe ...

The Bitcoin price tumbled 0.5% in the last 24 hours to trade for $66,363 as of 02:30 a.m. EST on trading volume that plunged 26%. It comes amid ongoing Mt. Gox repayment woes as the defunct crypto exchange moved another 47,229 BTC, worth over $3 billion, to three unknown wallets. This is after it moved $3.89 billion worth of BTC to Bitstamp, Kraken, Bitbank, and SBI VC Trade since July 5 as part of a repayment scheme. Mt. Gox moved 47,229 $BTC($3.13B) to 3 unknown wallets again in the past 3 hours!#MtGox has moved 61,559 $BTC($3.89B) to #Bitstamp, #Kraken, #Bitbank, and SBI VC Trade for repayment since July 5.https://t.co/f2q66eQNuk pic.twitter.com/3G1tp47rav — Lookonchain (@lookonchain) July 31, 2024 Meanwhile, crypto markets are also keeping an eye on the Federal Reserve. This is ahead of Fed Chair Jerome Powell’s press conference at 2.30pm ET after the close of the Federal Open Market Committee (FOMC) meeting. Tomorrow at 2:30 p.m. ET: Chair Powell hosts live #FO...

Non-fungible tokens have showcased strong resilience this past week despite their market facing tough volatility, which has left Ethereum and Solana-based non-fungible token collections down in trading sales volume. In this article, we shall assess the state of the NFT market in the past seven days, as well as what people should expect in the coming weeks. NFT Sales Dip 0.77% This Past Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has showcased strong resilience this past week. In the past seven days, the global NFT market has attracted a sales volume of $106 million, representing just a 0.77 % decrease from the previous week. Nonetheless, the number of investors buying non-fungible token collections has somewhat risen this past week. In the past seven days, the non-fungible token market has seen more than 500,000 crypto traders buying N...

Cryptocurrency prices have been on the rise lately, and the overall feeling in the market is favorable. Recently, Bitcoin (BTC) has been hovering around $67K, and Ethereum (ETH) is striving to approach $3,500, creating mixed sentiments among investors. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of Base Dawgz, one of the newest memecoin launches on the Base Network. It Features a distinctive multi-chain experience with smooth interoperability across various blockchains. The deta...