WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, XRP, SOL, ADA And DOGE
Weekly crypto price analysis reveals that most cryptocurrencies have been trading around the support levels, with bearish momentum dominating the market. Bitcoin and most major altcoins are plummeting, but the charts suggest a recovery could be around the corner. The BTC has dropped below $45k after a considerable sell-off. Ethereum (ETH) has been hit hard […]
Siacoin Price Prediction 2024-2033: Will SC break the $1 resistance?
Siacoin Price Prediction 2024-2033 The selling point of the Siacoin platform is that network users rent space on a peer-to-peer (P2P) basis, lowering their pay rates. Users retain private keys to access and control their data files. Payments on the Sia platform are made with the SC token. This Siacoin Price Prediction will help guide […]
ZRX Price Prediction 2024-2033: Is 0x a Good Investment?
ZRX Price Prediction 2024-2033 ZRX is an Ethereum coin used to power the 0x protocol and is one of the more decent digital assets. The 0x protocol itself allows Ethereum tokens to be traded at a low cost directly from an Ethereum wallet. These two features – Ethereum-based tokens and Ethereum smart contracts- have given the cryptocurrency […]
Best Crypto Exchanges in 2024: Monitoring Market Performances
The cryptocurrency market is one of the most popular in the world, particularly among Generation Z. Crypto exchanges have been the talk of the crypto community for several months. The failure of multiple crypto exchanges and crypto lending companies over the past several months has left investors unsure of whom to trust. DeFi’s market expansion […]
PancakeSwap community votes to remove 300 million tokens from supply
PancakeSwap, a multi-chain decentralized exchange, recently concluded a vote proposing a reduction in the maximum supply of its native token, CAKE, from 750 million to 450 million. The voting results revealed an overwhelming 97.88% majority in favor of the reduction. The initiative, driven by PancakeSwap’s vision of achieving “ultrasound CAKE” and signaling a departure from […]
Solana surpasses Ethereum in search interest in December 2023
In the realm of cryptocurrency, a noteworthy shift occurred as Google searches for “Solana” surpassed those for “Ethereum” between December 17 and 23, 2023. This transient surge in interest marked a departure from Ethereum’s consistent lead throughout the year, with Solana achieving a search interest score of 56 compared to Ethereum’s 50 during this particular […]
China set to crackdown on Tether in foreign exchange trading
China is intensifying its scrutiny of cryptocurrency usage, focusing particularly on Tether (USDT) in foreign exchange trading. The Supreme People’s Procuratorate (SPP), the country’s highest legal prosecution agency, issued a joint statement with the State Administration of Foreign Exchange (SAFE) on December 27, aiming to reinforce measures against the use of Tether stablecoin in cross-border […]
OKX announce plans to delist privacy coins by 2024
Cryptocurrency exchange OKX has recently announced its decision to delist several privacy-focused tokens, including Monero, in early 2024. The official statement released on December 29 outlined OKX’s plan to remove 11 trading pairs involving major privacy tokens, such as Monero and Zcash, as well as partially private coins like Dash and Horizen (ZEN), effective January […]
Tether CEO celebrates USDT’s market cap achievement
Tether, led by CEO Paolo Ardoino, recently conducted a comprehensive review of its trajectory from inception to its current position in the cryptocurrency landscape. Ardoino expressed satisfaction with the company’s achievements, highlighting the remarkable $91.5 billion market cap of the USDT stablecoin across various blockchains. Additionally, the company boasts $4 billion in excess reserves, underscoring […]
Indonesia orders crypto exchanges to undergo registration
Indonesia has entered the global stage of cryptocurrency regulation with the launch of the Commodity Future Exchange (CFX), a pioneering move as the world’s first national exchange dedicated exclusively to crypto assets. This strategic development is a direct response to the escalating demand for cryptocurrencies within the nation, where official data from 2023 indicates that […]
Blast deposits hit $1.1 billion amid its February launch anticipation
Blast, the eagerly anticipated Layer 2 blockchain developed by the minds behind the non-fungible token (NFT) platform Blur, has recently achieved a significant milestone, surpassing $1.1 billion in deposits. This accomplishment comes even before the platform’s scheduled launch in February. Speculators seem undeterred by the controversial one-way bridge to Blast, as evidenced by the $1 […]
Bitfinex predicts a $3.2 trillion crypto market cap in 2024
As we approach the year 2024, market strategists at Bitfinex express optimism for Bitcoin and cryptocurrencies, citing their resilience in the face of regulatory and reputational challenges. According to these analysts, the crypto market is navigating between episodes of greed and regulation, poised for potential growth as market capitalization may double. Bitfinex report reveals a […]
Shping Coin Price Prediction 2023-2032: Is SHPING a Good Investment?
Shping Coin Price Prediction 2023-2032 Shping Coin (SHPING) drives SHPING, an innovative shopping and rewards platform that leverages cryptocurrency to connect brands with consumers, rewarding users for engagement and informed purchasing decisions. The SHPING Coin is a digital cryptocurrency that rewards consumers for their engagement and interactions with brands, transforming traditional shopping experiences into a […]
Solana experiences a significant surge as Bitcoin slides
Solana (SOL) has been experiencing a notable surge in value, outperforming other major cryptocurrencies. In the past 24 hours, SOL has seen a 12% increase, reaching a trading price above $89, as reported by CoinGecko. This surge has propelled SOL to become the fifth-largest cryptocurrency by market capitalization, surpassing XRP. Over the last week, SOL […]
Solana DEX surpasses Ethereum in transaction volume in one week
Solana’s decentralized exchanges (DEXs) have achieved a notable milestone, surpassing Ethereum in transaction volume over the last week. According to Defi Llama data, the DEXs recorded a total volume of $9.03 billion, outpacing Ethereum’s $8.836 billion in the same period. This achievement is attributed to the blockchain’s surging DEX activity, largely fueled by lower gas […]
WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, SOL, XRP, AVAX, AND DOGE
Weekly crypto analysis reveals that most of the cryptocurrencies have been trading in mixed signals, with bullish and bearish trends taking turns. Most of the token prices have remained consistent with minor fluctuations, with some experiencing major dips and gains. The market sentiment remains positive as investors continue to show confidence in the long-term potential […]
Binance Broadens Trading Horizons: Introduces BONK and 1000SATS Amidst Market Volatility
Binance recently announced the expansion of its trading services to include new and trending cryptocurrencies like BONK and 1000SATS. The move, part of Binance’s ongoing efforts to diversify its offerings, demonstrates the platform’s commitment to staying at the forefront of the dynamic crypto market. Binance, embracing trending cryptocurrencies Binance made a significant announcement that caught […]
WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, XRP, ADA, DOGE, AND SOL
Weekly crypto price analysis shows that most of the coins have been trading close to their upper resistance levels, which indicates the possibility of a bullish breakout. Bitcoin has been ranging above $42,00 for the past few days and is currently trading near the higher end of its range. Most coins have been showing a […]
Paxos report reveals high interest in crypto by financial companies
In a recent report by crypto firm Paxos, findings indicate a significant surge in interest among 99% of surveyed U.S. financial services companies regarding crypto projects this year compared to previous years. The Paxos survey, encompassing 400 executives from American financial institutions boasting at least five million users and $50 billion in assets under management […]
First Trust Submits Filing for Innovative Bitcoin Buffer ETF
First Trust, an asset management firm, has filed for the first-ever Bitcoin Buffer Exchange-Traded Fund (ETF). The ETF is designed to offer a unique form of protection for investors involved in Exchange Traded Products (ETP) trading in the United States. The submission of the filing to the United States Securities and Exchange Commission (SEC) marks […]
Best crypto exchanges for US residents: How to choose the best
As the saying goes, beauty is in the eyes of the beholder. Choosing the right cryptocurrency trading platform involves several factors, including privacy fees and the cryptocurrencies offered. The same should be stated in the context of how cryptocurrencies are stored and whether you can keep the cryptocurrency in an online wallet. After knowing the […]
Binance P2P Announces End of Support for Russian Ruble
Binance P2P, a leading global cryptocurrency exchange platform, has made a significant announcement that will impact its users, especially those dealing with Russian Ruble (RUB) transactions. Following the strategic decision to exit the Russian market with a sale to CommEX, Binance P2P has confirmed that it will discontinue supporting Russian Ruble trading pairs. The change […]
SEC issues fresh warnings about the risks of crypto investments
The U.S. Securities and Exchange Commission recently restated its cautious stance on crypto investments, highlighting the inherent risks associated with the volatile nature of the market. In a notable move, the regulatory body warned investors about the prevalent fraud within the crypto space, including fraudulent coin offerings, Ponzi schemes, pyramid schemes, and instances of outright […]
Nigeria’s crypto adoption rate makes a significant leap
The surge in cryptocurrency engagement in Nigeria reflects a profound transformation in the financial landscape, with approximately 47% of the population actively participating in crypto trading. A comprehensive analysis by Coin Journal indicates a noteworthy 15% growth in crypto ownership between 2020 and 2023, despite regulatory challenges imposed by the Central Bank of Nigeria (CBN). […]
MKR Price Prediction 2023-2032: Will MKR reach $2000?
MKR Price Prediction 2023-2032 Maker (MKR) is one of the most extensive decentralized applications (dApps) on the Ethereum blockchain. Maker technology was designed by a disparate group of developers and is governed by the MakerDAO. Maker (MKR) token is the governance token of the platform. From the start, Maker offers intense competition in the DeFi […]
US Senators Propose Legislation to Counter Crypto Terrorism Funding
In a united effort to tackle the growing threat of cryptocurrency funding activities related to terrorism, a bipartisan group of US senators has introduced a comprehensive bill aimed at empowering the US Treasury. The proposed legislation, named the Terrorism Financing Prevention Act, was announced on December 7 by Senators Mitt Romney, Mark Warner, Mike Rounds, […]
WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, XRP, SOL, ADA, AND DOGE
Weekly crypto price analysis for major tokens such as BTC, ETH, BNB, XRP, DOGE, ADA, and SOL shows a promising outlook for the market. Despite the recent volatility in the crypto market, most of these tokens have continued to trade in green candlesticks, indicating a positive sentiment among investors. Cryptocurrencies Price Heatmap, Source: Coin360 The king […]
Avalanche market cap surges to propel top 10 entry
Avalanche (AVAX) has emerged as a prominent player in the crypto space, making significant strides that have caught the attention of investors and enthusiasts alike. Over the past two weeks, AVAX has flipped several established cryptocurrencies, including Bitcoin Cash (BCH), polygon (MATIC), polkadot (DOT), Tron (TRX), and Chainlink (LINK). Avalanche registers a $9.8 billion market […]
New Jersey bill to recognize crypto sold to institutional investors as securities
In a recent legislative development within the U.S. state of New Jersey, Representative Herbert Conway introduced Assembly Bill 5747 on November 30. The primary objective of the New Jersey bill is to categorize all cryptocurrencies issued and directly sold to institutional investors as securities. This legislative move stands in contrast to the stance of the […]
UAE researchers debut blockchain carbon trading platform
In a significant stride toward environmental sustainability, a government-affiliated research center based in Abu Dhabi, UAE has recently introduced a groundbreaking blockchain-powered carbon tracking and trading platform. Unveiled at the United Nations Climate Change Conference (COP28) on December 5, this platform aims to facilitate the global exchange of carbon tokens, linking them to investments in […]
Helium Price Prediction 2023-2032: Is HNT a Good Investment?
Helium Price Prediction 2023-2032 Helium Price Prediction 2023 – up to $3.25 Helium Price Prediction 2026 – up to $10.57 Helium Price Prediction 2029 – up to $29.86 Helium Price Prediction 2032 – up to $87.06 Let’s review the Helium crypto market, long- and short-term investments, and the future price destination. Will Helium reach $10? […]
SEC postpones decision on Grayscale’s Ethereum Trust ETF conversion
The U.S. Securities and Exchange Commission (SEC) has extended the decision-making period for Grayscale Investments’ application to convert its Ethereum Trust into a spot exchange-traded fund (ETF) by 45 days to January 25, according to a Tuesday filing. This move by the SEC has injected a new wave of anticipation and speculation in the world […]
DigiFT wins MAS approval after Sandbox success
DigiFT, a Singapore-based digital assets exchange, has secured authorization from the Monetary Authority of Singapore (MAS) to operate collective investment schemes and serve as an “organized market” for secondary-market trading. Henry Zhang, the founder and CEO of the firm, shared that the exchange was granted the central bank’s Capital Markets Services (CMS) license on a […]
Coinbase market share surges outside US trading hours
In recent developments within the cryptocurrency exchange landscape, Bybit and Coinbase have experienced noteworthy shifts in their market shares. The aftermath of Binance’s $4.3 billion settlement with the United States Department of Justice (DoJ) has triggered a ripple effect across the industry. Coinbase’s market share makes a staggering leap Following the resolution of legal challenges […]
Hong Kong Chief back regulators to crackdown on illegal exchanges
Hong Kong Chief Executive John Lee has affirmed the government’s commitment to collaboration with regulators, emphasizing the crucial need for increased powers to effectively address the growing issue of unlicensed crypto exchanges. This statement comes in the aftermath of an investigation into Hounax, an unlicensed virtual asset trading platform accused of defrauding numerous individuals, with […]
Bitcoin ETF approval rumor triggers institutional investments
In recent weeks, institutional investors have demonstrated sustained interest in cryptocurrency funds, driven by the prospect of a potential Bitcoin Exchange-Traded Fund (Bitcoin ETF), according to a report by CoinShares, a European digital asset manager. CoinShares recorded a notable influx of $346 million in deposits to crypto exchange-traded Products (ETPs) over the past week, marking […]
7 Crypto Market Maker Companies To Watch Out For
Crypto market makers play a crucial role in maintaining the stability of the crypto market. Its role has become increasingly critical as the market expands and diversifies. These entities are not just facilitators of liquidity; they are linchpins in the functioning of the crypto ecosystem, enabling more efficient and stable markets. Their importance lies in […]
Why is the crypto market up today? Bitcoin nears $40K with an 18-month high
Bitcoin has made headlines once again as it rallies amid the awaited approval of Bitcoin-spot exchange-traded funds by the United States Securities and Exchanges Commission (SEC). The SEC has been delaying approval of the ETFs, and the crypto community has taken the time to comment on the matter. The major influence of these pending digital […]
Bitcoin’s ‘worst-kept’ secret revealed – Brace for an epic price shift!!
Bitcoin’s price has shown positive movements to the upside, recording a resurgence of the crypto’s market price in the past weeks. The fresh levels recorded an 18-month high, and experts predict a rally toward the $40,000 mark is imminent following the pending approvals of Bitcoin-spot exchange-traded funds (ETFs). Despite the fears of the US that […]
MicroStrategy’s stock price hits two-year high
MicroStrategy, a company with a bullish stance on Bitcoin, experienced a notable surge on Black Friday as its shares closed comfortably above $500. This marked a significant high not observed since December 2021, propelling the firm’s market cap to an impressive $7.33 billion, according to information from a New York-based tech-heavy exchange. MicroStrategy shares closed […]
