SVET Markets Weekly Update – June 24th–28th, 2024 On Week 26, markets reflected a mix of economic and geopolitical concerns. Q1 GDP growth slowed to the lowest since early 2022, PCE inflation dipped, and manufacturing activity contracted sharply. Meanwhile, new single-family home sales dropped, as high prices and mortgage rates hinder affordability. In the crypto…
Sealana’s team has decided to extend the presale phase for an additional week, giving investors extra time to jump in. The broader crypto market continued trading in the red over the past week, with even giants like BTC struggling, seeing a 5% decline over this period. At the same time, Solana has finally emerged in…
The team behind this massively successful project has decided to extend the presale phase! Let’s see why. The crypto market has been struggling recently, with bearish trends persisting for some time. Major coins have seen a decline in value over the past week. Bitcoin dropped by 6.1%, Ethereum fell by 5.2%, and BNB decreased by…
An announcement that Mt. Gox will soon begin distributing assets stolen from users during a 2014 hack sent Bitcoin into free fall. On Monday Bitcoin dumped suddenly to below $60,000 after defunct Bitcoin exchange Mt. Gox announced that it will begin distributing assets stolen from clients during a 2014 hack starting in the first week…
The meme coin market has experienced a staggering decline, with a loss of over $20 billion in the past three weeks. The current market cap is now below $49 billion, and the leading memes are still unstable, as they entered a downtrend once again. This trend was reflected in PEPE, FLOKI, and BRETT, all of…
Sealana is the latest Solana-based meme coin that went into presale in early May 2024. After nearly two months of the open presale event, it raised over $5 million, showing strong signs of explosive growth. The official event is ending on June 25, 6 PM, UTC, and the $SEAL token will go live on June…
GDA Capital and Coinweb are excited to launch the "Next Top Blockchain Startup" Competition for Summer 2024, and with multiple developer tracks from blockchain infrastructure partners. The competition boasts an impressive prize pool of $200,000 USD, with more prizes likely to be secured leading up to the event. Over the four weeks of July, entrepreneurs…
SVET Markets Weekly Update June 17th–21st, 2024 Week 25 was positive for stocks despite disappointing building permits and a declining Philly Fed index pointed to economic softness, with the Nasdaq and S&P gaining on tech giants. At the same time, we saw significant volatility across global markets, with oil prices surging to a 7-week high…
While the prices of PEPE, WIF, and FLOKI are dropping, investors focus on $PLAY, $WAI, $DAWGZ, and $SHIBASHOOT! These past few days, a noticeable price drop of many cryptocurrencies has been shifting the energy surrounding the crypto market in general. PEPE’s price has dropped by 9.08% in the last seven days, while the price of…
$DOGE, $SHIB, and $PEPE are struggling heavily… Other more promising projects are ready to take over with their 100x potential. The crypto market’s recent downturn has hit some meme coins hard, with Dogecoin ($DOGE), Shiba Inu ($SHIB), and Pepe ($PEPE) among the biggest losers. These large-cap Altcoins have seen their prices plummet, with $DOGE down…