Cryptocurrency News
After a failed attempt to break higher this week, SUI lost momentum and turned weak. It currently approaches a key monthly low where a major move is likely to occur. The trend is still in favour of the bulls. Looking back from where the price bounced back in August, SUI […]
After bouncing off a key support level in September, TRX showed signs of strength and recovered to the recent top. Facing rejection, it briefly lost momentum but remains strongly bullish from a long-term outlook. TRX’s performance has been impressively overwhelming over the past months following a steady increase. After bouncing […]
As altcoins continue to lose momentum amid the latest fall, Litecoin found solid ground and bounced with a double bottom. A strong close above the previous high should send the bulls back into action. The steady contraction in Litecoin’s price reveals a low buying volume since it rejected the $50 […]
Spotted as one of the major losers of the day, with 10% drops in the last 24 hours, WIF currently appears weak. However, its short-term bullish trajectory remains intact as it looks for solid support to bounce back. Since the entire crypto market halted bearishness in August, WIF and other […]
Despite the ongoing drops, Ray located support and regained momentum after a short pullback. It resumed positive actions and set to break higher for a bigger price movement. Ray’s performance has been stunning since it formed an inverse head-and-shoulder pattern above the $1.3 level in October. The bullish pattern led […]
Documents filed by Reddit with the U.S. SEC reveal that the social media platform has sold the majority of its cryptocurrency holdings in Q3 2024, including reserves held in Bitcoin and Ethereum. This marks a shift in strategy for Reddit, which previously held these assets for financial reserves. The move […]
Real World Assets (RWAs) have emerged as one of the most notable themes at Token2049, standing out among the 800 side events alongside AI. Renewed interest in RWAs surged following comments from BlackRock’s CEO, who suggested that all assets could eventually be tokenized. This perspective, coupled with Tether’s recent profit […]
In just one week, @aave has seen a 2.7k BTC (~$200M) spike in cbBTC deposits, following the launch of a new Merit program on October 24. The incentive initiative encourages users to lend cbBTC (Coinbase-wrapped BTC) and borrow USDC, resulting in cbBTC becoming the fourth most popular asset for USDC-backed […]
In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive […]
Today marks the 16th anniversary of Bitcoin’s white paper release by the mysterious Satoshi Nakamoto. On October 31, 2008, Nakamoto shared his vision for a decentralized financial system in a nine-page document titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This paper, which laid the foundation for Bitcoin and the broader […]
While most altcoins have weakened since yesterday, Mask remains strong and has continued to show strength following a massive surge in the past few days. Bouncing off a low of $1.54 three months ago, Mask climbed back slowly and reclaimed the $2 level. However, due to a lack of interest […]
After increasing to a three-month high, Sol saw a rejection and initiated drops. It lost grip above a key level and turned weak on the daily scale following a 3% loss in the past 24 hours. The last two months have been a remarkable moment for Sol as the price […]
CORE has solidified its position as the leading Bitcoin sidechain, boasting an active DeFi ecosystem with 46 protocols and a total value locked (TVL) exceeding $600 million. 🟠 @Coredao_Org Total Value Locked Overview With a buzzing ecosystem of 46 DeFi protocols, CORE has emerged as the dominant #Bitcoin sidechain. Since […]
Bitcoin’s recent performance has been impressive, with its price climbing over 8% to break the $73,000 mark. This rally has been fueled by factors like strong inflows into spot ETFs, renewed monetary easing across major economies, and growing optimism for crypto-friendly policies under a potential Donald Trump presidency. QCP: The […]
The memecoin market is making a strong comeback following a prolonged downtrend, sparking talk of an imminent memecoin season. The memecoin market is recovering quickly after a multi-month downtrend. Is another memecoin season coming soon? pic.twitter.com/huqd6Zeot4 — IntoTheBlock (@intotheblock) October 29, 2024 Market Highlights: The memecoin market cap surged by […]
Crypto researcher Justin Bons has stirred debate by declaring Ethereum “cooked,” suggesting it may be sliding into irrelevance like Bitcoin. Bons criticized Ethereum’s reliance on Layer 2 (L2) solutions, arguing that the primary Layer 1 (L1) base is being neglected. This hot take quickly polarized the community: some labeled Bons […]
The crypto rollercoaster seemed nearing a devastating end for one Cardano (ADA) trader until a timely switch turned everything around. After holding ADA through turbulent market swings and watching its price stagnate, the trader took a bold step and dumped their holdings for PropiChain (PCHAIN), a new token presale gaining […]
A token creator recently launched $LUCE, a new meme token, purchasing 67.06 million $LUCE for just 2 $SOL (around $130). Following his usual pattern, he sold all 67.06 million $LUCE tokens, making a modest 0.73 $SOL profit—about $130. Remarkably, the same $LUCE tokens he sold are now valued at over […]