Quick Look: The price of SHIB has increased by 1.91% as of a recent Sunday, reaching $0.00002803858536. The volatility is moderate, with a low risk/reward gauge. Currently, SHIB is trading near resistance, suggesting potential selling pressures ahead. This week, Shiba Inu (SHIB) stood out with its recent price increase and the consistent interest it garners …
Quick Look: Armstrong predicts ADA could reach $5 from its current $0.614, backed by public interest and Cardano’s developments. Trend Rider analysis suggests ADA may surge to $12.6, quadrupling its all-time high, supported by recent trends. ADA’s metrics show growth potential: $29.80B fully diluted market cap, $23.35B circulating, and $27.96B trading volume. Armstrong’s outlook on …
ADA Eyes $12.6 Surge: 600K Wallets Fuel 2000% Rally Read More »
Quick Look: The cryptocurrency market experienced a significant loss, shedding $400 value. Bitcoin witnessed its worst performance since the FTX collapse, dropping 8% to below $61,000. Grayscale’s ETF recorded a historic outflow, while the FTX descends sent shockwaves through the industry. In an unsettling turn of events, the cryptocurrency market has drastically declined, erasing $400 …
Quick Look Genesis seeks bankruptcy court approval for a settlement to compensate users affected by the Gemini Earn program’s closure. 100% reimbursement for suspended Earn users, with an initial 97% payout shortly after court approval. Around $2 billion in crypto, a significant increase from the service’s suspension value. The Gemini Earn program, a collaborative venture …
Quick Look MicroStrategy acquired 9,245 BTC from March 11 to 18, 2024, totaling $623 million. This acquisition increases MicroStrategy’s total Bitcoin holdings to about 214,246 BTC. Funding for the purchase mainly came from a $592.3 million convertible debt offering and $30.7 million in excess cash. MicroStrategy’s aggressive Bitcoin investment influences market dynamics, with its shares …
MicroStrategy’s Bold $623M BTC Buy Boosts Holdings to 214K Read More »
Quick Look Bitcoin (BTC) hit an all-time high of $73,797 on March 14. Grayscale and Fidelity ETFs saw significant outflows and inflows, respectively, indicating market volatility. Upcoming Federal Reserve FOMC meeting cited as a key factor for recent price fluctuations. The cryptocurrency market witnessed a week full of dramatic swings. A market monster, Bitcoin, reached …
At a Glance: Avalanche (AVAX) witnesses a significant price recovery, soaring to $55.40. A recent spike to over $61 marks its highest point since the May 2022 TerraUST crash. Avalanche’s Layer-1 blockchain offers high throughput and scalability, shaping future blockchain innovation. Showcases a robust 55% growth over the past week amidst a bullish market trend. …
Avalanche Soars 55% to $61, Highest Since TerraUST Crash Read More »
Quick Look Cardano (ADA) has witnessed a significant price drop of over 9% in the last 24 hours, falling below $0.70. ADA’s trading volume dropped below $1 billion on March 16, signalling a decrease in trading activity and investor sentiment. The launch of USDM stablecoin aims to bring stability and innovation to the Cardano ecosystem. …
Cardano Dips 9% in a Day, Launches USDM Stablecoin Read More »
Quick Look Solana (SOL) witnesses a striking 14% increase in 24 hours, reaching a 25-month peak at $173.27. A substantial 51% price surge was observed over 30 days, with forecasts aiming for $250. RSI escalates to 80.50, hinting at potential overbuying amid bullish trends. Introduction of the Israeli Shekel-backed stablecoin, BILS, on SOL spurs optimistic …
Quick Look TRX trades at $0.127261, marking a 3.23% change in the last 24 hours. Analysts predict an -8.79% drop to $0.117056 by March 20, 2024. The medium-term trend is bullish, with a 24.70% increase in the last 3 months. Justin Sun deposited $480 million in Ether Fi, impacting the DeFi market significantly. As of …
TRX’s 94% Yearly Surge: Bullish Amidst $480M DeFi Move Read More »
Quick Look PENG token surged over 90% in 24 hours and ranked third on DEXTools.io. Market cap hits $61 million with over 19,000 holders and a 5,000% gain since launch. SMOG token witnesses a 22% price increase, offering 42% annual staking yields. With a robust community engagement plan, SMOG’s long-term prediction sees a potential rise …
Quick Look Binance Coin’s price surged 14% in the past 24 hours, marking it a top gainer. An impressive 88.46% increase in the last 30 days, with a year-to-date rise of nearly 100%. Technical indicators show a strong bullish trend, predicting potential highs above $700. Analysts forecast a positive trajectory for BNB, potentially setting new …
Quick Look Ethereum undergoes the Dencun hard fork on March 13, 2024, introducing proto-danksharding with EIP-4844. Proto-danksharding aims to supercharge layer-2 networks by providing cheaper, more efficient data settlement. An anticipated significant drop in transaction costs for layer-2 networks, benefiting both users and developers. Follow-up upgrades like Electra + Prague to further improve scalability and …
Dencun Upgrade Boosts Ethereum: Cheaper, Faster Data Read More »
Quick Look Tether freezes $1.4m USDT to aid U.S. law enforcement in a tech scam crackdown. Ethereum’s price surges as the Dencun upgrade approaches, promising reduced gas fees. Victims, mainly senior citizens, unknowingly got into transferring funds to protect against fake hacking alerts. Tether’s global cooperation led to freezing 800 million USDT tied to illegal …
Tether Halts $1.4M Scam; Cooperation With the FBI Read More »
Quick Look XRP’s (Ripple) price soared over 20% in an afternoon, hitting a peak of $0.74. The cryptocurrency outperformed others in the CoinDesk 20 Index with a 5% increase. Year-to-date, Ripple’s growth is 17%, trailing behind BTC and the overall CD20 index. Significant transactions fueled market speculation, including a 300 million XRP move from Binance. …
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