Thursday, November 21, 2024
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Trading
Cardano (ADA) Soars by 14%, Bitcoin (BTC) Remains Above $93K After New ATH (Market Watch)
Bitcoin charted a fresh peak of just over $94,000 yesterday but has retraced by less than a grand since then to remain above $93,000.
Cardano has popped up to be today’s top performer from the larger-cap alt, having surged by double digits to over $0.8.
BTC’s Latest Peak
The primary cryptocurrency peaked last Wednesday at just under $94,000 and started a week-long consolidation phase. It even retraced on a few occasions to under $90,000 and below $87,000. However, the bulls went back on the offensive at the start of this week with a surge to $92,000.
After a few unsuccessful attempts to overcome that line, BTC surged above it yesterday. Moreover, it kept climbing and b...
Trading
BNB Returns To Its Range After Failing To Jump Over The $660 Hurdle
The price of Binance Coin (BNB) has been in a horizontal trend after the price rise on November 12. Cryptocurrency price analysis brought by Coinidol.com.
BNB price long term forecast: in range
On November 12, the altcoin rose to a high of $667 before being pushed back. BNB quickly fell above the 21-day SMA and began to fluctuate. The cryptocurrency recovered above the moving average lines and is now trading between $540 and $640. The altcoin is on track to retest and break through the...
Trading
Bitcoin’s Price Choppy at $91K, PEPE Dumps by 7% Daily (Market Watch)
Bitcoin’s price aimed at $92,000 but to no avail so far as the bears has managed to defend that level.
Many altcoins are on the retreat today, with XRP ADA and PEPE dropping hard. In contrast, HBAR has outperformed the rest of the top 50 alts.
BTC Remains Above $91K
The Trump-victory-induced rally culminated last Wednesday when the primary cryptocurrency neared $94,000 to chart a fresh all-time high. At the time, reports started to emerge indicating that the asset had reached its local peak and could take a while longer to resume its bull run and challenge $100,000.
The following week or so has been quite choppy. BTC fell below $87,000 on a couple of occasions at the e...
Trading
Shiba Inu Fluctuates In A Range And Finds Support Above $0.00002300
The price of Shiba Inu (SHIB) has risen above the moving average lines. Latest price analysis by Coinidol.com.
On November 12, the uptrend peaked at $0.00003044 before being beaten back. The altcoin declined and found support above $0.00002300.
SHIB price long-term prediction: bullish
SHIB oscillates above the current support level as it begins its uptrend to the recent high. In other words, the price has been oscillating above the $0.000023 support and below the $0.000028 resista...
Trading
Bitcoin’s Price Tests $92K, Ripple (XRP) Bulls Looking for Next Targets (Market Watch)
The cryptocurrency market remained relatively calm throughout the weekend. Bitcoin maintained its price of over $90,000 and is now pushing higher once again. The total capitalization is expanding above $3.2 trillion on the back of gains of mid-cap cryptocurrencies.
Bitcoin Price Pushes $92K
As mentioned above, Bitcoin’s price remained within a relatively narrow range on Saturday and Sunday, with one exception yesterday.
The bears attempted to push BTC below $89K, but the buyers were very quick to scoop up some coins at a discount, providing for a V-shaped recovery.
At the time of this writing, BTC is trading at slightly less than $92,000 as the bulls are now testing t...
Trading
Stellar (XLM) Shoots Up by 33% Daily, Bitcoin (BTC) Maintains $90K (Market Watch)
Bitcoin’s price dropped below $90,000 during the night but managed to bounce off and reclaim that coveted level.
Several larger-cap altcoins have charted impressive gains over the past day, such as SOL and XRP, while DOGE and SHIB are in the greed.
BTC Reclaims $90K
The business week started on a very positive note for the primary cryptocurrency as it jumped from $80,000 to $85,000 on Monday and up to $88,000 on Tuesday. After a brief correction, the asset went on the offensive once again on Wednesday and skyrocketed to a peak of almost $94,000.
This meant that bitcoin had added over $25,000 in value since the US elections. At this time, though, reports started to emer...
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Bitcoin
Bitcoin Price Prediction: What If BTC Repeats Weekly Momentum
The Bitcoin price curve is following an interesting pattern that could potentially give investors confidence for the days to come. At the current level, the BTC price retraced the April 2022 level, which was a few weeks before the FTX collapse erupted in the crypto market.
Also Read: Bitcoin Maxi Says Further BTC Price Uptrend “Will Shock The World”
BTC Price Forecast
According to X account of Titan of Crypto, a projection up to $46,50...
Bitcoin Maxi Says Further BTC Price Uptrend “Will Shock The World”
While BTC Price is currently trading at a new high in over 18 months, popular Bitcoin Maximalist Max Keiser believes there is more to come in this rally. The possibility of a spot Bitcoin ETF approval in near future and the Bitcoin Halving event which is likely to happen in the second quarter of 2024 trigger speculation of a bull run for the top cryptocurrency over the next six months.
Also Read: US SEC Delays Grayscale Ethereum Trust ETF...
Bitcoin (BTC) Price Breaks $44k; Will It Continue to Rise?
As a continuation of its eclectic rally, Bitcoin (BTC) price has just breezed past the $43,000 mark to set a new high for the year. At the time of writing, market data reveals Bitcoin is now changing hands at $44,058.37, up 4.5% in the past 24 hours.
With the current market outlook, Bitcoin has now extended its gains for the week to 14.35%. One crucial question now remains whether the ongoing surge is a temporary one that may stir a rever...
Ethereum
Ethereum Price Prediction As Altcoins Tumble, Time To Buy The Dip?
Considerable declines have rocked the crypto market for the first time since the October rally started, led by Bitcoin price drop from $35,000 resistance, down 2.2% to $33,977. Ethereum price was not spared, as it encountered headwinds, sliding below support/resistance at $1,800 to trade 1.3% lower on the day to $1,773.
The total market value suffered a 2.1% dip to $1.29 trillion due to altcoins taking a major hit. For instance, Solana is...
Ethereum Price As DeFi TVL Hits $21 Billion, Can ETH Lift To $2k In October?
Ethereum price is on the verge of breaking out and closing in the coveted psychological resistance at $2,000. Interest in the largest smart contracts token has continued to increase with Bitcoin price reclaiming resistance/support at $31,000.
Most traders anticipate a continued bullish action across the market, with ETH following closely in the footsteps of the bellwether cryptocurrency and starting the second recovery phase beyond $2,000...
Vitalik Buterin Reveals Solution to Quantum Computing Attacks
Vitalik Buterin has emphasized the critical role of account abstraction in enhancing the security of user accounts against quantum computers. The Ethereum co-founder shared his insights during a session on the decentralized social network Warpcast on Wednesday, where he delved into the importance of strengthening security in the face of rapid advancements in quantum computing.
Vitalik Buterin’s take on Quantum Computing
Buterin’s perspecti...
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Cardano
Cardano price could extend gains riding on bullish on-chain metrics
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Cardano on-chain metrics flash capitulation signals, supporting a bullish thesis for ADA price.
The Cardano Foundation announced its commitment to push ADA towards complete decentralization.
ADA price is currently in an uptrend, trading above the $0.3786 mark.
Cardano is currently in an uptrend, and the altcoin is likely to extend its gains according to on-chain met...
Solana price has risen almost 400% since SEC labeled SOL a security, alongside ADA and MATIC
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Solana price is up 386% five months after the SEC labeled SOL a security, alongside Cardano, Polygon and others.
SOL has outperformed its peers in the list, with its market capitalization closing in on Ripple after 65% leap in November.
Surge likely attributed to the Solana network building itself as the choice Layer 1, rivaling Ethereum.
Ecosystems are migrating to th...
Cardano price sell-off could extend with bearish on-chain metrics
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Cardano network’s active addresses and new addresses reveal bearish divergence.
ADA traders are likely to sell the altcoin as potential profits increase, as seen in the MVRV metric.
Cardano price erased its weekly gains, dropping to $0.3617, early on Tuesday.
Cardano holders brace for the possibility of a correction in ADA price as on-chain metrics of the smart contr...
Defi
Liquidation Blocks Crucial to DeFi Risk Evaluation: Intelligence Firm
IntoTheBlock emphasizes the importance of liquidation blocks in evaluating DeFi risk.
The firm warns of potential collateral shortfalls if overlooked.
Over 39,000 traders liquidated in the last 24 hours, with losses totaling $88.69 million.
In a recent report, market intelligence platform IntoTheBlock underscores the crucial role of liquidation blocks when evaluating risk in decentralized finance (DeFi) protocols. It highlighted that overlooking this metric could expose inves...
Anonymous Attacker Seizes Control of Tornado Cash; Steals $1M+
An anonymous attacker seized control of the Tornado Cash protocol, by exploiting a malicious proposal.
Reportedly, he stole more than $1 million from the DAO’s funds.
The attacker has proposed to revert everything, giving control back to the community.
According to the latest reports, an anonymous hacker has seized control of the decentralized finance (DeFi) protocol, which helps customers conceal transactions, Tornado Cash, by exploiting a malicious governance proposal. Reportedly...
Arbitrum Emerges as DeFi Powerhouse, Gains Massive Adoption: Report
Arbitrum has gained significant traction in the DeFi sector.
Integration with GMX_IO plays a crucial role in Arbitrum’s mass adoption.
User adoption for Arbitrum more than doubles after the token Incentive conclusion.
According to a recent finding by Messari, a well-known crypto data analytic firm, Arbitrum, the layer two scaling solution for the Ethereum (ETH) network, has managed to carve out a lucrative niche within the decentralized finance (DeFi) sector.
The report noted t...
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Altcoin
INJ Gains While the Majority of the Market Prints Losses
Injective (INJ) was one of the few cryptos trading in the green at press time.
The altcoin was trading at $7.85 following a 0.28% gain in the past 24 hours.
Technical indicators suggested that INJ would retest the next key resistance level in the next 48 hours.
Injective (INJ) was one of the few cryptocurrencies that was able to print a gain over the past 24 hours. At press time, the altcoin’s price stood at $7.85 following a 0.28% increase according to CoinMarketCap.
In additio...
Celsius Network’s Massive ETH Staking Causes Delays In Ethereum Queue
Celsius engaged in $800 million ETH staking initiative, causing delays in Ethereum validator queue.
The company deposited $745 million worth of ETH into staking contracts, expanding waiting period.
Celsius Network faced financial insolvency, leading to restructuring efforts and acquisition by Fahrenheit.
Celsius Network, a crypto lending platform that is facing financial insolvency, recently engaged in an ETH staking initiative worth $800 million. This action has resulted in ...
Significant Alt Market Breakout Coming Soon, Predicts Trader
Crypto Tony recently forecasted a significant breakout for the altcoin market.
The ETH/BTC ratio was able to break out of a wedge chart pattern over the past 48 hours.
At press time, BTC’s market dominance was down 0.04% according to CoinMarketCap.
The trader and analyst Crypto Tony predicted a significant altcoin market breakout in a tweet yesterday. In the post, he shared a snapshot of the daily chart for ETH/BTC, which showed that the ratio was on the verge of breaking out...
Crypto News
Crypto’s Regulatory Winter Gives Way To Bipartisan Spring
“In the midst of winter, I found there was, within me, an invincible summer.”
Albert Camus’ words capture the resilience of the human spirit—but they just as well describe the last few weeks in crypto policy. From bitcoin ETF filings and Ripple’s court victory to legislative progress in both the House and the Senate, signs of life are emerging in the digital asset ecosystem. Indeed, there is mounting evidence that crypto winter, at least from a regulatory standpoint, has started to thaw.
F...
What Crypto Investors Need To Know About Worldcoin
As AI continues to dominate media debates, and capture the attention of venture capitalists, the CEO of Open AI – the company that introduced the world to ChatGPT – has launched an ambitious new project; Worldcoin
WLD
. Following an unfortunate pattern that has begun to emerge, this cryptoasset is not available in the U.S. due to the regulatory environment, but is still making waves in the marketplace. With the price of the Worldcoin token jumping 20% on exchanges following its launch, the...
‘Any Action Necessary’—$15.5 Trillion ‘Simultaneous’ Crypto Earthquakes Are Heading For Bitcoin And ...
Bitcoin
BTC
, ethereum and other major cryptocurrencies have been revitalized by a shock legal decision in recent weeks.
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The bitcoin price has almost doubled since the beginning of the year, with Tesla billionaire and Twitter owner Elon Musk issuing a surprise, huge 2030 crypto prediction, and helping the combined bitcoin, ethereum, XRP
XRP
crypto market...
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NFT
MetaMask briefly pulled from App Store, British MPs argue for caution with NFT copyright infringemen...
Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As the saga unfolds, check below for the latest updates.Oct. 18: "Lawyers should do better than this" — Judge KaplanDistrict Judge Lewis Kaplan had run out of patience during Sam Bankman-Fried’s trial on Oct. 18, calling out on lawyers representing both parties in the criminal court case. The judge’s comments came after a witness fleeing Texas for the trial testified for roughly 1...
This play-to-earn game offers NFTs linked to physical items like gold
The Web3 game Mars4, which allows players to explore the surface of Mars, has unveiled two new exclusive rovers inspired by Tesla's Cybertrucks.For decades, space enthusiasts have had a fascination with Mars. NASA's Perseverance rover is giving us regular insight on what life is like some 140 million miles away — with footage recently capturing a rare weather phenomenon known as a dust devil.There are so many unanswered questions. Has life ever existed on this planet? Were there once frien...
Gamers can now explore Mars in Tesla-inspired Cybertrucks — Here’s how
Cryptocurrencies offer several advantages to traditional money, including lower costs, faster transfers, and decentralized systems that do not collapse at a single point of failure. Despite these benefits, many people don’t consider digital currencies practical for everyday use. Moreover, the currently available crypto debit card solutions often require tedious transfers and incur high fees, making the process unfeasible for everyday users. Leading crypto exchange Bybit wants to change tha...
Trading
BNB Returns To Its Range After Failing To Jump Over The $660 Hurdle
The price of Binance Coin (BNB) has been in a horizontal trend after the price rise on November 12. Cryptocurrency price analysis brought by Coinidol.com.
BNB price long term forecast: in range
On November 12, the altcoin rose to a high of $667 before being pushed back. BNB quickly fell ab...
Bitcoin’s Price Choppy at $91K, PEPE Dumps by 7% Daily (Market Watch)
Bitcoin’s price aimed at $92,000 but to no avail so far as the bears has managed to defend that level.
Many altcoins are on the retreat today, with XRP ADA and PEPE dropping hard. In contrast, HBAR has outperformed the rest of the top 50 alts.
BTC Remains Above $91K
The Trump-victory-induced rally culminated last Wednesday when the primary cryptocurrency neared $94,000 to chart a fresh all-time high. At the time, reports started to emerge indicating that the asset had reac...
Shiba Inu Fluctuates In A Range And Finds Support Above $0.00002300
The price of Shiba Inu (SHIB) has risen above the moving average lines. Latest price analysis by Coinidol.com.
On November 12, the uptrend peaked at $0.00003044 before being beaten back. The altcoin declined and found support above $0.00002300.
SHIB price long-term prediction: bullish
...