Smaller cryptocurrencies are drawing greater attention from investors while larger well-known ones are taking a break following significant increases. One of the lesser-known altcoins is making some big noise: Helium Mobile (MOBILE) has surged by about 1,000% in the past seven days. Leading the way in the cryptocurrency market’s dynamic trend toward smaller-cap cryptocurrencies is […]
A widely followed crypto trader is predicting more rallies for smart contract protocol Avalanche (AVAX) and artificial intelligence (AI)-focused altcoin Fetch.ai (FET). Pseudonymous analyst Altcoin Sherpa tells his 201,600 followers on the social media platform X that Avalanche is likely not yet done rallying. The trader shares a chart that shows AVAX breaking out of […]
Coinbase intends to initiate legal action against the SEC, accusing the regulatory body of shirking its responsibilities, according to the exchange’s chief legal officer, Paul Grewal. The move follows the SEC’s rejection of Coinbase’s petition for establishing specific regulatory rules for cryptocurrency transactions, a request that Coinbase had been pushing for since July 2022. Abdication […]
Last week, Bitcoin (BTC) concluded at approximately $37,350, posting an increase of 0.8% compared to the preceding week’s closing value of $37,000. It commenced with notable volatility, witnessing BTC’s price dropping to as low as $34,800 on Tuesday, followed by a robust recovery, nearly reaching $38,000 on Wednesday. Subsequently, BTC dipped again to $36,000 on […]
The market is currently experiencing an enormous pullback after nearly a month of continuous gains. According to Coingecko, the broader crypto market is down nearly 3% as major cryptocurrencies like Bitcoin, Ethereum, and XRP drop from year-to-date highs. As the sector cools down, altcoins are pulled downward. Synthetix is one of the sufferers of the […]
A crypto strategist thinks that one altcoin that’s trading under the radar could repeat its mid-2020 price action en route to printing massive gains. Analyst Ali Martinez tells his 35,900 followers on the social media platform X that supply-chain management blockchain VeChain (VET) looks poised to break out of its immediate resistance at $0.033. According […]
Ethereum has seen its deflationary status once again in the limelight as the network continues to see a significant decline in the number of ETH tokens in circulation. This comes on the back of the belief that the bull run and some other factors could help uphold this trend. More ETH Goes Out Of Circulation […]
In the dynamic world of cryptocurrency, industry leaders are optimistic about the start of a new bullish phase, with growing anticipation for Bitcoin to reach fresh all-time highs above $100,000 in 2024. Bitcoin has experienced a remarkable rally, surpassing a 120% increase this year alone, leading many enthusiasts to believe that this upward momentum will […]
The Optimism price appears to have struggled over the past week, with its recent bullish momentum seemingly waning. During the altcoin rally, the price of Optimism’s native token OP went from a low of $1.2 to a high of nearly $2.5 before experiencing a pullback. While OP has managed to preserve a majority of its […]
Market intelligence firm Nansen says that Ronin (RON), a gaming-focused Ethereum (ETH) sidechain, witnessed a “staggering” surge in address activity last month. Nansen notes that Ronin clocked 464,000 active addresses in November, a 368% increase from the previous month and the largest percentage gain among all chains. Ronin was launched in 2021 by Sky Mavis, […]
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