Cryptocurrency News
Data from 2023 indicates a substantial influx of $2.25 billion into digital asset investment products, marking it as the third-highest year since 2017. While 2020 and 2021 outpaced 2023 with $6.6 billion and $10.7 billion, respectively, the recent surge signifies a noteworthy recovery from the lower inflows observed in 2022, […]
Render $RNDR has been generating considerable buzz in the cryptocurrency community, reaching a yearly high in the past 30 days. However, the enthusiasm surrounding $RNDR has been tempered by a recent slight decline in its price, noticeable both over the week and in the most recent 24-hour chart. The token […]
Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]
In a surprising turn of events, Matrixport’s latest report has cast a shadow over the crypto market, suggesting that the U.S. Securities and Exchange Commission (SEC) is poised to reject all Bitcoin spot exchange-traded funds (ETFs) in January. Matrixport predicts that final approval might not materialize until Q2, coupled with […]
Following latest breakout in Bitcoin’s price, some altcoins recovered well from their recent lows, with Solana rising by 5% today. It encountered resistance and quickly washed gain within a blink. Solana took a small break in bullish last week after witnessing a massive price explosion in the preceding weeks. This […]
After ending last year in red, LTC found support and bounced off a key level to start the new year on a strong note. But it quickly lost buzz and now looks weak on a daily outlook. It lost 1% in the last 24 hours. Litecoin went through some hurdles […]
The escalating risks to the security of web3 have become significant concerns for the future of this decentralized internet paradigm. Beyond the financial implications, the losses incurred from hacking attempts on web3 and smart contracts have cast doubts on the dependability of this emerging technology. Globally, the perception of web3 […]
Today, Bitcoin, the largest cryptocurrency by market value, surpassed the $45,000 mark, reaching a notable $45,899 level. Investors’ optimism about the potential approval of spot Bitcoin Exchange Traded Funds (ETFs) in the US played a substantial role in driving this notable surge. Several factors, including the influx of funds into […]
Ethereum advanced bullish this week and broke out to a new yearly high. But it saw a rejection and failed to sustain bullish momentum. The price slipped and now looks weak on the daily timeframe. Following a quick recovery above the $2100 level in the mid-month, Ethereum’s price increased and […]
MetisDAO has experienced a substantial surge in its ecosystem, marked by strategic moves, particularly the introduction of a $360 million incentive program. The Ecosystem Development Fund (EDF), recently disclosed by the MetisDAO Foundation, amounting to 4.6 million METIS (which is equivalent to over $360 million), stands out as a pivotal […]
Ethereum, the second-largest cryptocurrency globally, is gearing up for a potential surge, capturing the attention and anticipation of the crypto community. As of now, Ethereum is valued at $2,330, showcasing a daily increase of 1.64% and a monthly growth of 8.16%. This consistent uptrend fuels speculations that Ethereum might soon […]
As January unfolds, the cryptocurrency market braces for a flurry of token unlocks, marking a busy start to the year. Token Unlock, a reputable tracker of locked tokens, has disclosed details about upcoming token releases set for the initial week of January 2024. Token unlocks represent the liberation of tokens […]
Tether, a major player in the crypto space, which is recognized for its fiat-backed stablecoins, has recently made a significant move involving the leading cryptocurrency, Bitcoin. This is coming as the continued craze around BRC-20 tokens is still very much in play. Many traders and investors are making arguments on […]
Bitcoin continued to suspend bullish to a sideway trend. Although it currently looks weak following a 1% loss in the past hour. It appeared to be gathering momentum for a big price movement. Since the price fell from $44,700 earlier this month, Bitcoin’s price has been moving sideways due to […]
Bounce Token experienced a decline of more than 11% in the recent hours following the triumphant conclusion of the $AMMX token launch. Participation in the $AUCTION Staking Pool exceeded expectations, with 2,126 participants committing a total of 2,741,970 $AUCTION, surpassing the initial goal of 12,857 $AUCTION. According to Lookonchain, after […]
IOTA Network’s ShimmerEVM has unveiled plans to incorporate LayerZero’s cross-chain messaging technology, enabling users to engage and transact seamlessly across multiple networks. Shimmer, situated within the IOTA ecosystem, serves as a blockchain platform granting developers access to unique features for creating and launching decentralized apps (dApps). ShimmerEVM, the platform’s layer […]
Despite candid admissions from Polygon’s MATIC founder, Sandeepnailwal, regarding the “painful ride” experienced throughout 2023, the platform is wrapping up the year on a positive note. MATIC, the native token of Polygon, has witnessed a significant uptick in value over the past week, managing to emerge from a position of […]
$Storj, positioned as the 157th ranked cryptocurrency, has witnessed a substantial decline in its value, experiencing a loss of over 25% in the past 7 days. Insights from on-chain activities reported by Lookonchain unveil a concerning trend. Over the last 17 hours, three whales, presumably acting as a single entity, […]