Sun, December 22
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Janani

A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.

Posts by Janani

Is Pudgy Penguins Set to Usher in a New NFT Era?

Is Pudgy Penguins Set to Usher in a New NFT Era?

Pudgy Penguins has recently made history by surpassing the floor price of the iconic Bored Ape Yacht Club (BAYC), marking a significant milestone in the NFT space. As of December 2024, Pudgy Penguins’ floor price reached an all-time high of 24 ETH, approximately $93,000, signaling the collection’s meteoric rise. This

December 11, 2024 2 mins read
Is Bitcoin Ready to Break Free From Its Consolidation Phase?

Is Bitcoin Ready to Break Free From Its Consolidation Phase?

Bitcoin’s recent price activity has been a rollercoaster. The cryptocurrency traded at $97,431 just six days after a record-breaking all-time high (ATH) of $104,088. Despite a 0.59% daily surge, Bitcoin’s trading volume has dipped by 15%, raising questions about the sustainability of its current trajectory. Bitcoin has surged by 20%

December 11, 2024 2 mins read
Is Arbitrum on the Verge of a Major Price Breakout?

Is Arbitrum on the Verge of a Major Price Breakout?

Arbitrum (ARB), one of the most notable altcoins, has recently seen a 6% decline, trading at $0.9879. Despite this, trading volume has surged by 105%, indicating heightened market activity. Just four days ago, ARB reached an eight-month high of $1.2384. Over the past month, it has gained 53%, reflecting investor

December 10, 2024 2 mins read
Could WazirX Users See Full Recovery Under the Proposed Scheme?

Could WazirX Users See Recovery Under the Proposed Scheme?

Zettai Pte Ltd, the parent company of the embattled cryptocurrency exchange WazirX, has filed an application with the Singapore High Court on December 6, 2024. The filing seeks approval to convene a meeting of creditors to vote on a proposed Scheme of Arrangement aimed at resolving the aftermath of a

December 10, 2024 2 mins read
Will SHIB Burn Rate Surge Lead to a Price Reversal?

Will SHIB Burn Rate Surge Lead to a Price Reversal?

Shiba Inu (SHIB), one of the most prominent memecoins in the crypto space, is currently experiencing a bearish phase, despite a notable surge in its burn rate. On December 8, SHIB reached a nine-month high of $0.00003343, catching the attention of investors. However, in a sharp reversal, the altcoin has

December 10, 2024 2 mins read
Will XRP Bounce Back Stronger After a 20% Decline?

Will XRP Bounce Back Stronger After a 20% Decline?

XRP has experienced significant volatility over the past week, dropping 21% from its seven-year high of $2.90 recorded on December 3. The token’s price plummeted to $2.16 earlier today before stabilizing at $2.06, reflecting a 12% decline from its intra-day high of $2.49. Despite the bearish trend, trading volume surged

December 10, 2024 2 mins read
: Are Crypto Record Inflows Indicating a Long-Term Bullish Trend?

Are Crypto Record Inflows Indicating a Long-Term Bullish Trend?

Cryptocurrency investment products saw a record surge in inflows, with $3.85 billion invested during the week of December 2–6, 2024, according to CoinShares. This new milestone surpasses the previous record of $3.12 billion set in November when BTC was priced at $98,000. The inflows coincided with Bitcoin’s historic rise above

December 9, 2024 2 mins read
How AI and Crypto Integration is Revolutionizing the Market?

How AI and Crypto Integration is Revolutionizing the Market?

The integration of artificial intelligence (AI) with cryptocurrency is reshaping the crypto landscape, sparking a wave of innovation, volatility, and intrigue. While the idea of combining cutting-edge AI technology with decentralized finance seemed like a futuristic concept not long ago, it’s now a defining force in the market’s evolution. AI’s

December 9, 2024 2 mins read
Can XMR Maintain Momentum After 28% Surge?

Can XMR Maintain Momentum After 28% Surge?

Monero (XMR) has recently experienced a significant price surge, surpassing $228 for the first time since May 2022. This marks an impressive 28% increase over the past week, with the coin currently trading at $207—up 4% in the past 24 hours. The sudden surge has sparked renewed optimism among traders,

December 9, 2024 2 mins read
Is Solana Positioned to Reach $420 Despite Volatility?

Is Solana Positioned to Reach $420 Despite Volatility?

Solana [SOL], one of the prominent altcoins, is navigating a critical phase as it attempts to sustain its bullish momentum. After hitting a four-day low of $230.17, SOL is declining, trading at $232 with a 3% dip in the past 24 hours. The cryptocurrency’s trading volume has decreased by 13%,

December 9, 2024 2 mins read