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Altcoin Season? Not Even Altcoin’s Month Right Now
Bitcoin’s price drop generally causes both concern and celebration, but the last few instances have only been the former. The dependence of the altcoins on Bitcoin has left them impaired, resulting in a failed Altcoin Season. Where Does Bitcoin Stand? Bitcoin’s price has declined sharply by 4% over the past 24 hours, dropping to $54,300. The dip below $55,000 raises concerns among investors, as this level represents the last significant support before a potential fall to $50,900. This $50,900 target corresponds with the double top pattern observed in March and July, indicating a possible additional 8% decline. Bitcoin Price Analysis....
Tadawul: 5 stocks, 2 REITs go ex-dividend today
Tadawul trading screen Shares of Electrical Industries Co., The National Company for Glass Industries (Zoujaj), United International Transportation Co. (Budget Saudi) and Marble Design Co. have their ex-dividend today, Aug. 8, for H1 2024. Track the key dates calendar Additionally, shares of Leejam Sports Co., as well as units of Al Rajhi REIT Fund and Taleem REIT Fund have their ex-dividend today for Q2 2024. Companies/Funds Going Ex-Dividend Today Company / Fund Distribution Ratio Distribution Date Details Electrical Industries Cash dividend at 20% for H1 2024 Aug. 28, 2024 More Details Zoujaj Cash dividend at 6% for H1 2024 Aug....
Avalanche Q2 report – Fees down 22%, NFTs plunge 90%: Will AVAX’s Q3 be better?
Journalist AVAX’s network activity dropped in Q2, as did its performance in the NFT ecosystem. AVAX’s price declined by more than 13% in the last seven days. The second quarter of 2024 has come to an end, and reports have arrived regarding the performances of several coins, including Avalanche [AVAX] . Coin98 Analytics recently posted a tweet highlighting AVAX’s performance on multiple fronts in the last quarter. Right off the bat, the report mentioned that AVAX’s fees and revenue in Q2 reached a total of $3.5 million. Though this looked promising, it was actually a 22% drop compared to Q2...