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Category: Market Analysis

ChainAffairs.com offers expert market analysis, providing readers with up-to-date insights on cryptocurrency trends, price movements, market sentiment, and in-depth technical analysis to help navigate the ever-evolving crypto landscape.

April Sees 141% Drop in Losses from Hacks and Scams (Down to $25.7M) – CertiK Report
Market AnalysisNews

April Sees 141% Drop in Losses from Hacks and Scams (Down to $25.7M) – CertiK Report

Andrew ChenMay 6, 2024May 6, 2024

The cryptocurrency industry is breathing a sigh of relief as CertiK, a leading blockchain security firm, reported a dramatic decrease…

Shiba Inu Price Soars as $5 Million Transfer Lands on Coinbase, Sparking Investor Speculation
Market AnalysisNews

Shiba Inu Price Soars as $5 Million Transfer Lands on Coinbase, Sparking Investor Speculation

SAM McRayMay 4, 2024May 4, 2024

The Shiba Inu (SHIB) community is buzzing after a significant transfer of 211 billion SHIB tokens, valued at approximately $5.16…

Bitcoin Soars Past $63,000 as Meme Coins Dogecoin, Shiba Inu, and PEPE See Double-Digit Gains
Market AnalysisNews

Bitcoin Soars Past $63,000 as Meme Coins Dogecoin, Shiba Inu, and PEPE See Double-Digit Gains

Sean WilliamsMay 4, 2024May 4, 2024

Bitcoin has defied the bears once again, surging past the $63,000 mark after a turbulent trading week. This comes as…

Cardano (ADA) Bulls Charge Back: 15% Price Surge Fueled by $250 Million Buy Orders
Cardano (ADA) NewsMarket AnalysisNews

Cardano (ADA) Bulls Charge Back: 15% Price Surge Fueled by $250 Million Buy Orders

Andrew ChenMay 4, 2024May 4, 2024

Cardano (ADA) has shaken off its April slumber, experiencing a remarkable 15% price surge in the first few days of…

Centralization Concerns Plague Sui Network: 84% Founder Token Control Sparks Debate on Transparency in Crypto-Economics
Market AnalysisNews

Centralization Concerns Plague Sui Network: 84% Founder Token Control Sparks Debate on Transparency in Crypto-Economics

Andrew ChenMay 4, 2024May 4, 2024

While Sui Network celebrates its one-year anniversary and a recent partnership with Google Cloud, a shadow looms over its tokenomics.…

Dogwifhat (WIF) Eyes New Heights: Meme Coin Price Soars 21%, Signaling Bullish Momentum
Market AnalysisNews

Dogwifhat (WIF) Eyes New Heights: Meme Coin Price Soars 21%, Signaling Bullish Momentum

Andrew ChenMay 4, 2024May 4, 2024

The meme coin sector is witnessing a resurgence, with Dogwifhat (WIF) leading the charge. This Shiba Inu-themed cryptocurrency, currently the…

Hong Kong’s Bitcoin ETFs Attract $258M in First Week, Signaling Bullish Investor Sentiment
ETFsMarket AnalysisNews

Hong Kong’s Bitcoin ETFs Attract $258M in First Week, Signaling Bullish Investor Sentiment

Andrew ChenMay 4, 2024May 4, 2024

Hong Kong’s foray into the world of Bitcoin Exchange-Traded Funds (ETFs) has proven to be a resounding success, with the…

$68 Million Crypto Heist: Trader Loses Big in Address Poisoning Scam, While Industry Fraud Hits Historic Low
Market AnalysisNews

$68 Million Crypto Heist: Trader Loses Big in Address Poisoning Scam, While Industry Fraud Hits Historic Low

Andrew ChenMay 4, 2024May 4, 2024

A careless mistake has cost an unknown crypto trader a staggering $68 million in Wrapped Bitcoin (WBTC) after falling victim…

Nigeria Cracks Down on Crypto: P2P Trading Faces Impending Ban Amid National Security Concerns
Market AnalysisNews

Nigeria Cracks Down on Crypto: P2P Trading Faces Impending Ban Amid National Security Concerns

Sean WilliamsMay 4, 2024May 4, 2024

Nigeria’s crypto landscape is undergoing a dramatic shift, with a potential nationwide ban on peer-to-peer (P2P) crypto trading looming on…

Friend.Tech Token Crashes 98% After Airdrop, Users Face Claiming Issues (From $169 to $2.5)
Market AnalysisNews

Friend.Tech Token Crashes 98% After Airdrop, Users Face Claiming Issues (From $169 to $2.5)

Sean WilliamsMay 3, 2024May 3, 2024

Decentralized social media platform Friend.Tech’s highly anticipated token launch and platform update turned sour on Friday, with the FRIEND token…

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Monero transaction activity remains elevated despite exchange delistings. XRP must reclaim $1.65 to avoid further…

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