VanEck, an investment management firm, has shared its thoughts on what might happen in the crypto world in 2024. They believe that Bitcoin could reach a new all-time high in its price during that year. Additionally, the analysts at VanEck are expecting a possible economic downturn in the United States and the introduction of the…
Solana (SOL) has skyrocketed to a new high in 2023, and it seems like SPL tokens, along with a surge in DeFi (Decentralized Finance) and NFT (Non-Fungible Token) activities, are the key drivers behind this impressive growth. The popularity and increased usage of these tokens, combined with the vibrant activities in decentralized finance and non-fungible…
Chainlink (LINK) has surged above key resistance levels at $13.50 and $15.00, indicating a potential setup for a new rally if it successfully surpasses the $16.20 and $16.50 levels. Following a robust upward movement, Chainlink experienced a corrective downturn from the $16.60 zone, leading to a dip below the $15.50 and $15.00 levels. The price…
Solana (SOL) has been the star performer in the cryptocurrency realm this year, showcasing an impressive 511% gain in year-to-date performance. In contrast, Binance Coin (BNB) faced a 6% decline during the same period. Bitcoin (BTC) and Ethereum (ETH) also made noteworthy strides, with gains of 167% and 92%, respectively. These performances unfolded amidst a…
In a short span of 7 months since its launch, Sui, a new blockchain, is connecting more USDC funds than many other blockchains that were there from the start. It’s gaining traction quickly, outpacing several established chains in terms of handling USDC liquidity. Sui, a cutting-edge Layer 1 blockchain, crafted by the same tech experts…
ORDI, the standout performer of the week, has witnessed an impressive surge of 185% in the past seven days. However, a shift occurred yesterday as the price marked the creation of the first daily bearish candlestick after six consecutive bullish ones. This development has sparked speculation about the future trajectory—whether it heralds a sustained trend…
The overall cryptocurrency market has reached a significant milestone, surging to $1.6 trillion in the early trading hours today. This achievement signals a robust bullish sentiment in the crypto space. Additionally, Polkadot, a prominent cryptocurrency, has successfully surpassed a crucial resistance level, indicating a growing demand for this particular digital asset. Polkadot’s price had been…
Richard Teng, in a recent statement, made a pointed remark directed at bankers critical of cryptocurrencies. He shared a broad analysis, comparing frauds in traditional fiat systems with those in the crypto space. Teng’s comment suggests a perspective shift in the ongoing debate between traditional finance and cryptocurrencies. In a fearless stance, Binance CEO Richard…
The Labor Department reported a slowdown in private sector job creation for November. Investor Michael Van de Poppe emphasizes the inevitability of market corrections. On Wednesday evening, major cryptocurrencies showed a mixed pattern in trading. This was influenced by positive expectations about the possible approval of exchange-traded funds (ETFs) linked to actual Bitcoin transactions and…
The journey towards approving an Ethereum ETF in the U.S. experienced a recent twist, with the SEC announcing a delay in the decision regarding Grayscale’s Ethereum trust conversion into a spot ETF. The SEC extended the evaluation period, setting a new deadline for Grayscale on January 25, 2024. The SEC cited the need for additional…
Analysts are making predictions about the Bitcoin price based on the upward trend observed over the last three days, with BTC reaching a new 18-month high. The Bitcoin price is showing a notable pattern that might boost investor confidence in the upcoming days. Currently, the BTC price has retraced back to the level it held…
The AVAX price has surged past the $25 mark, driven by significant buying pressure. This upward momentum is evident in a 16% increase over three trading sessions, signaling a robust rally following a breakout from a triangle pattern. Analysts suggest that if the current uptrend can be sustained above $25, the Avalanche market price may…
On December 4th, Bitcoin (BTC) experienced a surprising rise in its age-consumed metric, pointing to a notable increase in coins that were previously inactive now re-entering circulation. This noteworthy change, with a 400% surge within a single day, might suggest that the Bitcoin market could see increased price volatility in the near future. Decoding Cryptocurrency…
Starting from December 8, 2023, Binance is introducing zero-fee trading for six pairs: BNB/FDUSD, DOGE/FDUSD, ETH/FDUSD, LINK/FDUSD, SOL/FDUSD, and XRP/FDUSD, available for both spot and margin trading. Additionally, Binance is removing one-hour interest fees for various pairs, including BTC, DOGE, ETH, GALA, GMT, LINK, MATIC, ORDI, SEI, SOL, TIA, and XRP. Binance Takes Bold Move:…
Rumors are circulating in the crypto world that Qatar’s Sovereign Wealth Fund is considering a substantial $500 billion investment in Bitcoin. The mere possibility of such a massive influx has stirred excitement and anticipation in the financial community. It all started when Max Keiser, a well-known Bitcoin supporter, tweeted late on Sunday night, suggesting that…
The price of Terra Classic, known as $LUNC, has been doing really well in the last few days. This growth seems to be connected to the overall positive feelings in the crypto market. A big reason for this boost might be an announcement from Microstrategy. They shared that they bought more than 16,000 BTC (Bitcoin)….
The price of Dogecoin (DOGE) is showing positive signs, suggesting a potential upward breakout beyond the $0.080 key level. There’s a chance it could make a steady climb in the upcoming weeks, aiming for a target around $0.20. Following a significant drop, the price of Dogecoin (DOGE) stabilized around the $0.055 mark, establishing support in…
Solana (SOL) founder Anatoly Yakovenko has countered the notion that Solana is an Ethereum killer, advocating for a perspective of collaboration and shared progress between SOL and Ethereum (ETH). This viewpoint emerges as Solana experiences a favorable price trend, with its current focus on reaching the notable $70.00 milestone. The founder’s stance emphasizes the potential…
Bitcoin (BTC) has now become one of the top 10 largest assets based on market capitalization. This means that Bitcoin’s overall value is among the highest globally, showcasing its significance in the financial landscape. As per Infinite Market Cap, Bitcoin (BTC) has outpaced major players like Berkshire Hathaway, Tesla, and Visa. The data from the…
Bitcoin’s price surged close to $40,000, resulting in short sellers facing losses of over $100 million in the last 24 hours. Interestingly, while the overall cryptocurrency market experienced positive momentum, the gains were not reflected in the supply of wrapped Bitcoin (wBTC) on the Ethereum network. Crypto Market Witnesses Over $140 Million in Liquidations Amid…
Shibarium, the clever scaling solution by Shiba Inu, has given a big boost to its platform. It achieved a remarkable feat by handling an astounding 7.4 million transactions in a single day. Shibarium, the technology that helps Shiba Inu work faster, has achieved something remarkable. It processed a whopping 7.4 million transactions in a single…
An XRP ETF could draw in major investors, simplifying their entry into the crypto realm. Expected to boost XRP liquidity, the ETF has the potential to stabilize prices, making XRP more appealing to traditional financial investors. Cryptocurrency enthusiasts are eagerly awaiting the possible introduction of an XRP exchange-traded fund (ETF). A leading crypto expert from…
In the span of just five weeks, large investors in Chainlink, known as whales, have increased their holdings by over $50 million worth of LINK tokens. This substantial accumulation has led to a significant surge in LINK’s market capitalization. Chainlink witnessed a notable uptrend following the recent Staking v0.2 upgrade. Highlighting recent advancements, Swell Network…
Shiba Inu’s Layer-2 solution, Shibarium, experienced an impressive surge in daily transactions, skyrocketing from 748,230 on November 30 to an astounding 5.1 million in the last 24 hours. Shibarium experienced a remarkable 583% increase in daily transactions, reaching a new peak on December 1. This significant surge generated excitement, especially considering that Shibarium’s daily transactions…
The CEO of Coinbase mentioned that they aim to make the Coinbase exchange faster and more scalable by introducing one-second settlements through Base. In a recent update, Coinbase CEO Brian Armstrong stated that the cryptocurrency exchange does not intend to create a token for its Layer-2 platform, Base. Armstrong affirmed, “We have no plans to…
Binance recently burned nearly 4 billion Terra Luna Classic (LUNC) tokens, increasing the total community-driven burn to an impressive 83 billion. This strategic move is designed to boost the scarcity of LUNC tokens, potentially impacting market dynamics. Binance, the world’s largest crypto exchange, has recently executed the 16th batch of Terra Luna Classic (LUNC) token…
Polkadot’s native cryptocurrency, DOT, has experienced a remarkable recovery, bouncing back by 55% from its yearly low in October. Currently aiming for the $6.00 milestone, DOT has shown impressive momentum, evident in its RSI and growing trading volume. However, caution is advised as the MACD signals the potential for bearish turbulence. In a noteworthy move…
In an unexpected turn of events, what initially appeared as a one-time withdrawal from a wallet has unfolded into a significant migration of funds. Over just three days, a single entity has withdrawn around $187 million worth of assets from Binance. This substantial withdrawal by a notable entity encompasses a diverse portfolio, including approximately 2,380…
Sui, a new blockchain and smart contract platform developed by the team from Meta’s Diem Blockchain project, has exceeded expectations within six months of its mainnet launch, reaching over $150 million in Total Value Locked (TVL). According to DefiLlama, a top DeFi aggregator, this achievement places Sui among the top 20 blockchains in TVL. The…
In December, there are exciting developments expected for altcoins like Chainlink (LINK), ImmutableX (IMX), NEO, KAVA, and MultiversX (EGLD), and these events might influence their prices. The cryptocurrency market had a positive trend in November, particularly in the first half of the month. Looking ahead, these five altcoins could capture even more interest in December….
The current cryptocurrency prices reveal a mix of trends, with investors being careful after a period of positive momentum in the digital asset market. Today’s crypto prices showed a mix of ups and downs on Thursday. While some coins went up, others lost value. Despite this, the overall market is in a good place, thanks…
In a noteworthy event for investors, AVAX achieved a milestone by breaking a resistance trendline that had persisted for 455 days. Adding to the buzz is the anticipation surrounding a new Initial Coin Offering (ICO) called InQubeta (QUBE). In the unpredictable world of cryptocurrencies, even major players like AVAX experience ups and downs. However, there’s…
Uncover the reasons behind the surge in Terra Classic price today and explore if this positive trend is expected to persist in the coming months. Terra Classic’s price is rising, thanks to a series of positive announcements that align perfectly with Terra Labs’ revival plans. Luna Classic has been grabbing the crypto industry’s attention with…
USTC, a once-prominent stablecoin, faced a severe setback with a depegging event in May 2022, disrupting its planned $1 peg. Despite the turmoil, a dedicated community emerged, determined to restore USTC’s stability and revive its standing in the crypto space. Formerly TerraUSD (UST), TerraClassicUSD aimed to be an algorithmic stablecoin, intricately using UST and LUNA…
SIX Digital Exchange, a part of the SIX Group family, has just announced a partnership with DLT Finance. Their goal is to bring about big changes in the world of crypto trading. SIX Digital Exchange, part of the SIX Group known for its crypto services, is teaming up with DLT Finance, a licensed trading and…
IMF worries about the surging Bitcoin and Ripple (XRP), while South Korea’s digital currency pilot with 100,000 citizens in late 2024 may be a crucial move for CBDC development. With the crypto market booming, the IMF is worried about the fate of Central Bank Digital Currencies (CBDCs). The latest news from The Korea Times suggests…
The excitement around meme coins like Shiba Inu (SHIB) has notably subsided in recent weeks. Both Shiba Inu and Dogecoin (DOGE), prominent players in this category based on market capitalization, have maintained a relatively steady position. Despite facing bearish pressure, Shiba Inu’s price prediction remains uncertain as the meme coin experiences a significant burn rate…
In December, DYdX, Optimism, 1inch, and Aptos are anticipated to unlock more than $750 million in tokens, as reported by Token Unlocks, a data tracker. In the upcoming token releases, dYdX, a decentralized exchange, will unlock the most substantial amount. In December, the exchange plans to unlock 150 million tokens allocated for investors, founders, and…
In the past 24 hours, Shiba Inu’s SHIB token burn rate has surged by a staggering 5,000%, resulting in the elimination of around 2.7 million SHIB tokens, as per Shibburn data. “Burning” tokens means sending them to an unrecoverable wallet address, effectively taking them out of circulation to boost scarcity. Even though Shiba Inu, often…
Coinbase International Exchange plans to introduce Perpetual Future Contracts for Cardano (ADA), LINK, DOGE and XLM on December 30. This strategic expansion aligns with Coinbase’s goal of catering to the varied demands of the global cryptocurrency ecosystem. In a smart move highlighting the ever-changing world of cryptocurrency, Coinbase International Exchange, which works with clients outside…
Despite the current market ups and downs, these cryptocurrencies are poised for a robust recovery, holding onto their bullish setups. This week, the cryptocurrency market faced substantial turbulence, driven by Binance’s legal challenges. With a hefty $4 billion settlement and the resignation of CEO Changpeng Zhao amid accusations of violating U.S. anti-money laundering laws, the…
VeChain has teamed up with Boston Consulting Group (BCG) to advance sustainability efforts through blockchain technology, particularly focusing on Environmental, Social, and Governance (ESG) principles. This collaboration is centered around the creation of Blockchain Biospheres, utilizing blockchain’s capabilities to tackle diverse sustainability challenges. VeChain & BCG: Blockchain Biospheres for Sustainability The recent collaboration between VeChain,…
The potential conversion of the Grayscale Bitcoin Trust into an ETF could bring significant market shifts. JPMorgan forecasts a potential $2.7 billion withdrawal from the Grayscale Bitcoin Trust, citing an increased risk of Bitcoin (BTC) prices declining. This article explores the possible effects of Grayscale Bitcoin Trust turning into an ETF, as examined by JPMorgan,…
Effective November 25, 2023, Zipmex has temporarily halted trading services in Thailand, attributing the decision to regulatory challenges. The Thailand SEC is currently investigating Zipmex for non-compliance with local laws. “Zipmex Thailand, a crypto exchange, has temporarily stopped trading and new deposits due to issues with Thai SEC’s rules. Users can still withdraw funds until…
Bitcoin has reached a new high in 2023, hitting levels not seen since May 2022. At the same time, Ethereum (ETH) has shown strength by surpassing the $2,000 mark. In other important news, the crypto world is responding to the conclusion of Changpeng “CZ” Zhao’s time at Binance, the world’s largest exchange. He agreed to…
The Terra Classic (LUNC) blockchain is experiencing a notable upswing in transaction activity, hinting at a potential revival for the platform. On November 22nd, daily transactions on Terra Classic hit a record-breaking 589,000, showcasing a substantial increase. This surge, paired with the recovery of LUNC and USTC prices, indicates a renewed sense of interest and…
Explore Pepe Coin in this article, delving into its price journey, market performance, and the recent milestone of PEPE market cap hitting $500 million. Investors were concerned about the continuous decline in Pepe Coin’s price, raising doubts about its vitality. However, the frog-inspired meme coin defied expectations, experiencing a remarkable price surge by the close…
Elon Musk’s platform X is expecting a significant drop of $75 million in ad revenue. This comes as major brands decide to leave due to worries about antisemitic content on the platform. After Elon Musk’s recent controversy involving antisemitic content, major tech players like Microsoft, Airbnb, and Coca-Cola are drawing attention as they appear to…
SOL sees increased decentralized exchange activity, NEAR achieves a record in daily transactions, and LINK’s chart hints at a potential breakout. ScapesMania gains market attention with innovative moves and exchange listings. In November 2023, the cryptocurrency market is making a strong comeback. This resurgence is fueled by heightened excitement among investors and their anticipation of…
The number of Dogecoin wallets with over one million DOGE has surged, indicating growing institutional interest. Dogecoin, the biggest memecoin globally, is once again catching the attention of institutional investors. Currently, DOGE is trading at $0.077, marking a 1.41% increase, and holds a market cap of $10.9 billion. Surge in Dogecoin Transactions Fuels Institutional Interest…