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Bitcoin’s (BTC) price , was quite bearish today and was still below the $30,000 threshold at $26,262.66, and down by more than 8% since yesterday. Other well-known altcoins, Dogecoin (DOGE), Ripple ( XRP ), Litecoin (LTC), and Solana (SOL), also experienced losses on the other side of the border. advertisement Ethereum is trading at $1,668.58, with more than a 7% decrease in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed over 17% dip. Solana also faced a reduction, with its price plummeting by 7%. On the other hand, Polygon (MATIC), which traded on green lines a few days back, is down by more than 8% since the last day.   Polkadot coin price saw a decline of almost 8% in its price, in one day.  The realm of meme cryptocurrencies also tells a similar story. In the past 24 hours, Dogecoin’s price witnessed a reduction of more than 10%, while Shiba Inu’s token price experienced a stee...

Also Read: Shibarium Lead Developer Hints Key Partner as New Era Approaches advertisement Interestingly, Bloomberg reported that the company had not mention any statistics or updates about the crypto wallet business of the NFT marketplace. This indicates that the retailer had been contemplating on wrapping up the crypto wallet business, considering the high uncertainty around regulation in the industry. In recent times, Binance and Coinbase, which are the biggest names in the Crypto Market ecosystem were targeted in anti-crypto enforcement actions by the U.S. Securities and Exchange Commission (SEC). GameStop Crypto Wallet Shut Down According to the company’s website, the GameStop iOS and Chrome extension crypto wallets will be removed on November 1, 2023. However, the retailer is yet to explain further on the ‘regulatory uncertainty’ reason for discontinuing the service. Meanwhile, the GameStop Corp stock price took a 2.5% drop on Tue...

Valuations & Investor Sentiment Raise Concerns Hussman relies on two critical indicators to gauge stock market direction: valuations and investor sentiment and both factors are currently alarming, according to his Analysis . Using his preferred valuation measure, which compares the market cap of nonfinancial stocks to gross value added, Hussman asserts that the market is even more overvalued than during the dot-com bubble and the 2008 financial crisis. advertisement Read More: Binance CEO Reacts To China Releasing Web 3.0 White Paper Amid Hong Kong Crypto Push Investor sentiment also worries the 60-year-old economist, as he points to the poor market breadth and a cautious approach adopted by traders due to prevailing uncertainties. Unresolved debt-ceiling negotiations and the Federal Reserve’s uncertain rate policy contribute to the cautious sentiment. With ongoing “no deal” negotiations and the potential for the United States to default, ma...

Also Read: What’s Ahead For Dogecoin 6 Months After Elon Musk Twitter Takeover advertisement Earlier, popular Twitter account focused on crypto news, DB (tier10k), tweeted quoting an Arkham Intelligence alert that said Mt Gox and US government wallets were making transactions. Although the Bitcoin price had already fallen by the time the tweet was published, Arkham later clarified that the alert was erroneously set to a “small subset of users,” which apparently included DB. Arkham Explains Bug Fix The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Following this, Arkham explained that they had just fixed a bug related to Bitcoin alerts. The fix effectively made them to no longer send alerts to a the users. Further, Arkham said DB had earlier set alerts on Bitc...