The proposed restructuring plan of FTX, the defunct cryptocurrency exchange, has been welcomed by the exchange’s creditors. In a recent filing made, over 94% of the FTX Dotcom customer class endorsed the plan. This shows that there is much support for the proposed move. On Monday, Kroll Restructuring Administration that is in charge of the…
October 1, 2024 at 02:50 PM GST updated: October 1, 2024 at 02:39 PM 2 mins read News GALA confirms a bullish trendline breakout, indicating a potential 100-150% rally. Strong fundamentals and community support bolster GALA’s long-term viability amid volatility. Recent price fluctuations raise cautious optimism as traders watch for sustained momentum. A breakout has…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
October 1, 2024 at 12:10 PM GST updated: October 1, 2024 at 11:54 AM 2 mins read News Bitcoin enters the highly anticipated bullish Q4. Analyst highlights the global liquidity index breakout and its effect on BTC price. He also goes on to highlight the top 10 100x altcoins projects for this bull run. Bitcoin…
October 1, 2024 at 03:00 AM GST updated: September 30, 2024 at 10:16 AM 3 mins read Press Release Recently, the general crypto market has been showing bullish sentiments. Many have called it the altcoin season as Ethereum (ETH) shows signs of a high-momentum bull run. However, ETFSwap (ETFS), another altcoin, will be the bigger…
The Financial Services Agency in Japan has already begun an in-depth assessment of its cryptocurrency rules. This analysis intends to determine whether regulating cryptocurrencies according to the Payments Act is still viable. Significant transformations could arise from the review, including the prospect of launching crypto exchange-traded funds(ETFs). Japan FSA Reviews Crypto Investment Protections The FSA intends…
The crypto market shed millions of dollars and consolidated with negative sentiment. However, the end of Q3 2024 presented the market with bullish cues. Following Binance founder CZ’s release, Bitcoin (BTC) climbed to $64K, catalyzing multiple altcoin rallies. On that positive note, the market marches into Uptober—a bullish October when prices typically ramp up. Among…
Digital asset investment products recorded an increase in inflows in the previous week. This was the largest such increase in two months. CoinShares reported that investors pumped $1.2 billion into the products. Primarily, in the hope of a more lenient monetary policy in the United States. This brings the total to three weeks of net…
Despite fluctuations recorded mid-year, Shiba Inu (SHIB), the Ethereum-based memecoin, has maintained a significant growth trajectory. The price of the dog-themed memecoin suffered a massive dip in June, which has been described as “historically bearish” for SHIB. Despite the decline in enthusiasm around meme coins, Shiba Inu has maintained a notable weekly growth. Shiba Inu exchanged hands…
XRP has been in the limelight after the asset marked its highest weekly close of 2024, trading above $0.64. This achievement is significant for XRP price. It had been unable to break the $0.60 level in the last few months. XRP’s price trends have accelerated after a general uptrend in the cryptocurrency market. This resurgence…
Este artículo también está disponible en español. Ethereum, the second-largest cryptocurrency by market cap, has recently shown signs of a shifting market sentiment and momentum, according to an analysis by a CryptoQuant analyst named Percival. The analyst disclosed that various market conditions and technological developments have impacted Ethereum’s momentum and have led to mixed views…
September 30, 2024 at 09:50 PM GST updated: September 30, 2024 at 05:06 PM 2 mins read News POPCAT surged 28%, showing strong growth potential among Solana-based meme coins. Dogwifhat’s quirky appeal drives interest despite its volatile nature in the crypto market. Bonk gained 100% after Coinbase listing, cementing its rising status in the meme…
September 30, 2024 at 09:20 PM GST updated: September 30, 2024 at 04:56 PM 2 mins read News WIF reached a $2.31 billion market cap within months after launching. BONK has a market cap of $1.65 billion with strong bullish trends ahead. FLOKI’s valuation stands at $1.63 billion, leveraging unique branding and community-driven charitable initiatives….
September 30, 2024 at 07:50 PM GST updated: September 30, 2024 at 04:46 PM 2 mins read News POPCAT’s price may decline by 15% due to bearish technical indicators. Trading volume dropped by 20%, signaling investor apprehension. On-chain metrics show a prevailing bearish sentiment among traders. Popcat (POPCAT) experienced a remarkable surge exceeding 100% a…
September 30, 2024 at 06:40 PM GST updated: September 30, 2024 at 04:38 PM 2 mins read News SUI gains 10% amid bullish trends, nearing its all-time high of $2.18. Positive market sentiment and Bitcoin stability support Sui’s potential for further price increases. Strong technical indicators suggest Sui may break resistance and reach new records…
The Financial Supervisory Commission (FSC) in Taiwan recently introduced new measures to govern the engagements of professional investors. With these regulations, they can invest in foreign crypto ETFs and other virtual assets through re-entrustment. This decision is expected primarily to increase the diversification of investment opportunities. Secondarily it is done to help Taiwan’s securities firms…
Ethereum’s price has dropped to $2,598, a 1.90% decline in 24 hours. The Ethereum Foundation sold 100 ETH for approximately 262,474 DAI. Ethereum’s price has dropped to $2,598, marking a 1.90% decline over the past 24 hours. Meanwhile, trading volumes surged, reaching $13.31 billion, which represents a significant 30.23% increase. Additionally, the drop in Ethereum’s…
Ethereum price has dropped lately as a result of several major disposals by a wallet connected to Ethereum co-founder Vitalik Buterin. Data shows that in the last 12 days nearly 1300 ETH moved from Buterin’s wallet. It was moved to Paxos as Ethereum’s price fell 2% to $2700. The shifting prices occur during a time…
FTX token FTT has skyrocketed by 27% within a day to trade at $2.07 according to Coinmarketcap. This sharp rise was ignited by fake news of FTX paying $16 billion to its creditors. Although the price increase attracted attention, the token remains tied to FTX’s ongoing bankruptcy, posing significant risks to investors. $FTT pumped 115% in the…
September 30, 2024 at 04:40 PM GST updated: September 30, 2024 at 04:24 PM 2 mins read News Phobos Line failed as support, shifting focus to Hestia Line for XRP stability. Analyst predicts XRP could reach $17 from Hestia’s support. Potential breakout to $27 remains, driven by an ascending triangle pattern. Recently, XRP holders witnessed…
If the price breaks below $154 level, then it will likely test $147 support level. At the time of writing, SOL is trading at $157.65, down 0.62% in the last 24 hours. With $3.04 million active addresses per day, Solana is at the top of the list. This statistic sheds light on how active the…
Flare (FLR) price has witnessed significant buyer accumulation activity and surged over 12% this week. The token’s Total Value Locked (TVL) has surged past the $16 Million threshold. It is heading close to the ATH of $16.85 Million. By this, the network’s fundamentals have strengthened, pointing to increasing investor confidence. The price action indicates that…
September 29, 2024 at 08:20 PM GST updated: September 29, 2024 at 06:21 PM 2 mins read News Avalanche, Chainlink, and ICP show significant market caps and innovative tokenomics. Avalanche rewards validators without penalties, encouraging good practices for network health. Chainlink and ICP offer unique staking systems that enhance governance and participation. Avalanche, Chainlink, and…
September 29, 2024 at 07:30 PM GST updated: September 29, 2024 at 06:11 PM 2 mins read News Kaspa’s BlockDAG tech enables faster, scalable transactions for future growth. Shiba Inu evolves from meme coin to serious player with strong community backing. Dogecoin’s hype, unlimited supply, and loyal fanbase boost its breakout potential. As the crypto…
September 29, 2024 at 06:50 PM GST updated: September 29, 2024 at 06:03 PM 2 mins read Crypto Live News XRP’s head and shoulders pattern has been invalidated on the 4-hour chart. Traders are watching $0.74490 for a potential breakout and price surge. Despite market slowdown, XRP shows resilience, with potential for a major move….
September 29, 2024 at 06:10 PM GST updated: September 29, 2024 at 05:55 PM 2 mins read News Jasmy Coin drops 8%, hitting key support levels. Bulls and bears vie for control as market uncertainty rises. Investors anticipate potential spring bounce from the current price range. Jasmy Coin (JASMY) is currently flirting with both bulls…
The XRP Ledger (XRPL) recently rolled out two major amendments, “fixEmptyDID” and “fixPreviousTxnID.” The newly introduced upgrades received positive reactions and ignited some positive market sentiments. This follows the earlier implementation of the fixAMMv1_1 amendment. More Amendments on XRP Ledger Mainnet All of these upgrades and improvements come as the Ripple ecosystem looks forward to…
September 29, 2024 at 03:32 PM GST updated: September 29, 2024 at 03:44 PM 2 mins read News Meme-based coins such as Dogecoin, BONK, WIF, FLOKI, and PEPE that are now getting popular are indicating the beginning of the ‘alt season’. The aspect of social media especially the tweets from Elon Musk has remained very…
September 29, 2024 at 09:50 AM GST updated: September 29, 2024 at 09:27 AM 2 mins read News XRP price chart indicated multiple bullish signals leading to ATHs up to $31 this bull cycle. The altcoin is presently peeking over a 7-year trendline. This move depicts a bullish sign unseen for 7 years, a midterm…
September 29, 2024 at 09:35 AM GST updated: September 29, 2024 at 08:23 AM 2 mins read News Bitcoin (BTC) price prepares to take the $66,000 mark with $68,000 as major resistance. JAsmyCoin price chart hints at new higher highs for the coming months. Analyst says a major pump for JASMY is imminent. Bitcoin holds…
September 29, 2024 at 08:15 AM GST updated: September 29, 2024 at 08:03 AM 2 mins read News Cardano (ADA) celebrates its 7-year anniversary and the altcoin shows bullish signs. According to the ADA price chart, the asset has confirmed a falling wedge breakout. One analyst expects ADA to make at least 2x gain in…
Notcoin price has shown a 5.27% increase in the last 24 hours. The altcoin’s daily trading volume surged by 119.92% as per CMC data. The crypto bull market emerged from its shadows after nearly two months of bearish movements. Following the release of prominent community member and Binance founder, Chengpang Zhao, Bitcoin hit $66K momentarily…
The HEX (HEX) price has witnessed massive selling pressure in the wider timeframe. However, buyers have lifted the HEX price from the bottom in the short term. On 10 March 2024, the price had melted by 63% and lost many support levels. Since then, the bearish momentum has slowed down and underwent a consolidation phase….
September 28, 2024 at 10:35 PM GST updated: September 28, 2024 at 10:30 PM 2 mins read News Shiba Inu stands out for being decentralized without any central control or outside influencers. A strong community helps Shiba Inu succeed by building trust and loyalty among its users. The project aims to offer consumers new tools…
Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, has recently made waves in the memecoin market. Hayes has publicly endorsed some tokens including Pepe (PEPE), Mog Coin (MOG), and Mother Iggy (MOTHER) believing in their breakout potential. This support was bolstered by a large buy of PEPE tokens on Binance. Blockchain analytics showed that he bought…
In a notable development, Cardano has clocked seven years. The blockchain launched in September 2017 and has hit several milestones since then. In a post on X to mark the occasion, Cardano’s developer, Input Output Global, highlighted some major achievements of the blockchain. Timeline of Cardano’s Key Upgrades Despite its relatively “young age,” about half…
John E. Deaton, a vocal advocate of the XRP cryptocurrency, recently downplayed expectations of the US SEC pursuing an appeal in its case with Ripple Labs. Deaton’s comments were followed by a moderate decline in XRP price, demonstrating uncertainty among investors. Secondary XRP Sales Ruling Set for October 7 The Ripple vs SEC lawsuit has…
September 28, 2024 at 06:40 PM GST updated: September 28, 2024 at 05:15 PM 2 mins read News Polkadot connects blockchains, boosting scalability and transaction speed. Polygon rewards stakers and drives ecosystem growth through its POL token. Solana offers unmatched scalability and fast transactions without relying on sharding. Gone are the days when Bitcoin (BTC)…
Binance founder Changpeng Zhao, also known as “CZ,” has been released from U.S. federal custody two days earlier than expected. His release was originally slated for September 29, 2024. However, as per U.S. code, if a prisoner’s release falls on a weekend, it is to be preponed to the preceding weekday. He was, therefore, released on…
September 28, 2024 at 05:35 PM GST updated: September 28, 2024 at 05:05 PM 2 mins read News XYO shows strong momentum, indicating potential for a larger price breakout. Analyst Javon Marks predicts a target price of $0.06949, implying 1,053% upside. Investors should remain cautious while monitoring XYO’s key support levels and market trends. XYO…
Grayscale Research has published Q4’s top 20 cryptocurrencies list, which includes six new entrants. The latest integrations are Sui, Bittensor, Optimism, Celo, Helium, and UMA Protocol. These assets were selected because of their potential to grow and because they fit essential trends in the crypto space. Here are the new themes in Grayscale’s updated list,…
Worldcoin (WLD), the AI-focused cryptocurrency project by OpenAI CEO Sam Altman, has seen notable market activity amid recent developments. Even though Binance recently announced the launch of Worldcoin futures, the price of WLD has stagnated near crucial resistance levels. The market response follows the cryptocurrency through a volatile time frame, including regulatory issues and a…
September 28, 2024 at 01:50 PM GST updated: September 28, 2024 at 12:21 PM 2 mins read News Bitcoin’s bullish momentum supports the rapid rise of many other altcoins. JasmyCoin is one such altcoin, as asset that has already pumped over 15% in 7 days. JASMY price is expected to move in a bullish upward…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing…
The memecoin ecosystem is undergoing an intensive rebound, with FLOKI, Shiba Inu (SHIB), PEPE, and BONK price leading the charge. After weeks of relatively stagnant movement, these tokens are now in a breakout mode. While their memecoin status marks the common denominator, their respective appeal lies in their ecosystem. Memecoin Price Trends: The Key Catalyst…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitcoin’s falling dominance over the past weeks has indicated that the long-awaited altcoin season is near, and crypto investors are positioning themselves accordingly. As a result of the impending altcoin season, experts have taken to the charts and the whitepapers to find the best investments ahead of the next…
Este artículo también está disponible en español. Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen…
September 28, 2024 at 08:20 AM GST updated: September 28, 2024 at 08:17 AM 1 min read News VeChain mainnet surpasses 1.4M clauses, boosting blockchain activity. Sunny Lu emphasizes DAOs’ role in decentralized governance. Oracles help DAOs connect blockchain with real-world data. VeChain mainnet is experiencing a significant rise in activity, with over 1.4 million…
September 27, 2024 at 06:50 PM GST updated: September 27, 2024 at 05:11 PM 2 mins read News Kaspa (KAS) is trading between $0.1584 and $0.1741, showing price stagnation. Key resistance at $0.1834 may signal potential bullish momentum for KAS. Technical indicators suggest a neutral market; support level at $0.1520 is critical. Kaspa (KAS) is…
Having witnessed the currency break out from a six-month downtrend channel, commodity trader Peter Brandt has indicated that Dogecoin (DOGE) may be due for a bullish run. Brandt’s analysis revealed that Dogecoin had been range-bound in a descending channel from March when it hit a high of $0.2100. According to Brandt, DOGE is starting to…