Home Market Update 10th October 2024

Market Update 10th October 2024

Share
Share

Market Update 10th October 2024 

By Shikha Singh

Last week, Bitcoin, being the market leader, semi-closed below the $60,000 mark for the first time in a week. Moreover, its market cap was positioned at $1.2 trillion as it plummeted from $64,500 high on Monday to only $61,000 today.

Approximately, all key cryptocurrencies viz. Ethereum, BNB, and Solana dropped over 2% during the last 24 hours, with lone Uniswap (UNI) rising by 7%. The crypto market lost a total of $50 billion, bringing its current total to $2.225 trillion.

Share

Latest News

News

Coinbase Launches ETH-backed Loans As Onchain Lending Tops $1.25B

Coinbase has launched Ether-backed loans for US users, allowing customers to borrow USDC against their ETH holdings without selling, in a new...

News

Metaplanet Unveils New Bitcoin Backed Capital Structure With $150M Perpetual Preferred Offering

Metaplanet is introducing a senior Class A preferred share, MARS, and raising $150M through MERCURY, a Class B perpetual preferred equity paying...

News

Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest In Latin America

Latin American cryptocurrency exchange Ripio has revealed it holds a crypto treasury valued at over $100 million, making it the second-largest publicly...

News

Ether Treasury Firm FG Nexus Unloads Nearly 11K ETH To Fund Share Buyback

FG Nexus (FGNX), a DAT firm focused on Ethereum, said Thursday it had sold a chunk of its ether stash to repurchase...

Latest Blogs

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring Bitcoin in August 2020 as its primary reserve asset, digital...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition because developers work to create speedier transaction systems and user-friendly...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades yet in the ecosystem’s history, with the Fusaka Upgrade scheduled...

AI + Blockchain: How Artificial Intelligence is Transforming Crypto & Web3

What is AI Crypto? AI Crypto consists of blockchain projects and cryptocurrencies and tokens which implement AI technology to boost system performance...

Related Articles

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades...

AI + Blockchain: How Artificial Intelligence is Transforming Crypto & Web3

What is AI Crypto? AI Crypto consists of blockchain projects and cryptocurrencies...