SQUID, a cryptocurrency token created based on the popular Netflix Korean-language series Squid Games, has seen its value rise by over 200% within the last 24 hours touching to as high as $4.32. But users are now reporting they are having trouble selling, leading some to speculate whether there is reason to be concerned.$SQUID leverages on Squid Game’s popularityAs a newly … [Read more...] about ‘Squid Game’ token soars 110,000%, but holders are unable to sell
Soars
Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears
Ethereum's native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency's incredible move upside also boosted its possibilities of facing a bearish backlash.An on-chain indicator that tracks the total percent of Ethereum addresses in profits predicted the said downside outlook. In detail, the … [Read more...] about Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears
Young Koreans’ debt soars as they turn to crypto, stocks and real estate
Household debt for younger Koreans — those born from the 1980s onward — has surged to $22.7 billion, up from $3.9 billion from last year. Data from South Korea's Financial Supervisory Service (FSS), released today by Representative Kim Han-jeong of the Democratic Party of Korea, reportedly indicates that the high levels of lending are attributable to an increase in investments … [Read more...] about Young Koreans’ debt soars as they turn to crypto, stocks and real estate
Institutions dump BTC as volume soars for Ether funds
CoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets.The May 17 report notes $98 million exited Bitcoin investment products last week, equating to 0.2% of total assets under management, or AUM. “While small, this marks the largest outflow … [Read more...] about Institutions dump BTC as volume soars for Ether funds
Balancer (BAL) price soars to new all-time high: What’s driving the rally?
BAL, the native cryptocurrency of Balancer, the popular automated market maker (AMM) utilized by many DeFi users to trade cryptocurrencies, has surged to new record highs above $70 on April 15. BAL/USDT 1-day price chart (Binance). Source: TradingView.comThere are two key reasons behind the uptrend of BAL, namely the buzz around the Coinbase public listing and the resurgence of … [Read more...] about Balancer (BAL) price soars to new all-time high: What’s driving the rally?