In the wake of Donald Trump’s recent election win, decentralized finance (DeFi) tokens, particularly Uniswap ($UNI) and Lido DAO ($LDO), are seeing notable gains as investor sentiment turns positive. Both tokens, which previously faced scrutiny from the U.S. Securities and Exchange Commission (SEC) with Wells Notices indicating possible regulatory action, […]
Tag: cryptocurrency
Pump.fun Sets Records As SOL Transactions And Liquid Staking Tokens Surge
The token generation platform, Pump.fun, has reached an impressive milestone, creating a record 3 million tokens. Since its launch, token creation has averaged seven new tokens per minute, underscoring the platform’s popularity and the relentless activity on Solana. Within just the past five days, Pump.fun’s transaction fee revenue surged, resulting […]
UNI Price Jumps 22% As Early Investors Move $20.59M To Coinbase
Uniswap’s governance token, UNI, saw a 22% price increase over the past 24 hours, driven by significant transfers from early investors. A key wallet recently deposited UNI worth $20.59 million to Coinbase, suggesting investors may be taking advantage of the price surge to cash in on holdings. Since September 2024, […]
Bitcoin Dominance Grows As Institutional Investors Favor Simplicity, While Ethereum DeFi Thrives
Bitcoin’s appeal as “digital gold” is captivating institutional investors, reinforcing its status as a straightforward, inflation-resistant asset. This growing interest has intensified Bitcoin’s dominance over Ethereum, whose focus on decentralized finance (DeFi) attracts a more niche audience. The market cap ratio of ether to bitcoin has plunged to 24.52%, its […]
Bitcoin Hits Historic $75K High On Election Night As Pro-Crypto Sentiment Soars
Bitcoin’s market value has reached an all-time high of $75,000, driven by the momentum surrounding the U.S. election night. As election results started to show a lead for Donald Trump, a perceived pro-crypto candidate, Bitcoin saw a rapid surge in both price and positive sentiment. Across social media, comments are […]
RAYDIUM PRICE ANALYSIS & PREDICTION (November 8) – Ray Hit $5 Following 35% Surges, Looks Overbought Amid Bullish
After a short break in buying, Ray regained momentum and exploded massively to a multi-year high. Bringing the bulls back in action, it has activated long-term buys following an over 200% increase since last month. Following a bullish reversal pattern that led to a break above the key $2 level […]
BONK PRICE ANALYSIS & PREDICTION (November 8) – Bonk Jumps 20% Amid Fresh Surge As It signals A Potential Shift
As Bitcoin broke to a new high overnight, major meme coins like Bonk exploded massively and regained momentum after taking a downturn last month. It currently looks bullish while signalling a trend shift. Following several lower highs in the past months, Bonk Inu managed to stay above the $0.000015 level […]
ETHEREUM PRICE ANALYSIS & PREDICTION (November 5) – ETH Finds Support Above $2,400 After Losing 3% In A Week, Can It Bounce Back?
As the crypto market turns down ahead of the upcoming US elections, Ethereum shows strength today as it bounced off a key level overnight. It remains weak on the day while the bulls are trying to come back. Following several attempts to come back in the past months, Ethereum struggled […]
BITCOIN PRICE ANALYSIS & PREDICTION (November 5) – Bitcoin Sits Under $70k As US Election Nears, Poises For A Surge
Bitcoin’s bias remains bullish in the short term but has briefly lost buzz due to the recent drops. However, it appeared to have found temporal support but still looks weak as it follows negative sentiment daily. Bitcoin surprised many traders during last month’s trading as it exploded massively close to […]
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars In a remarkable turn of events, the $TON blockchain has seen its USDT holdings skyrocket from just $130 million in May 2024 to over $1.02 billion—an astonishing increase of 670% in just six months. This surge […]
Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market
As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]
Bitcoin Surges As Ethereum Holds Steady; Market Eyes Election-Driven Volatility
Bitcoin ($BTC) has been gaining impressive momentum, with both its price and open interest sharply rising, indicating strong upward movement. While Ethereum ($ETH) remains stable and hasn’t yet mirrored Bitcoin’s ascent, investors are keeping a close watch for potential shifts, as ETH could soon follow BTC’s trend. $BTC is on […]
SUI PRICE ANALYSIS & PREDICTION (November 4) – SUI Sees 12% Loss But Can It Hold Above This Key Monthly Low
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 […]
TRON PRICE ANALYSIS & PREDICTION (November 4) – TRX Sets For Bigger Moves As It Nears All-Time High, Breakout Ahead
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 […]
Token2049 Highlights: Real World Assets And Stablecoin Growth Spark Industry Attention
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 […]
South Korea’s Cryptocurrency Market Sees Rapid Growth With Surge In Trading And Stablecoin Use
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 […]
CORE Chain Dominates As Top Bitcoin Sidechain With $600M TVL And Growing
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 Surges Past $73K As Bull Market Gains Momentum
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 […]