A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
October, often dubbed “Uptober” by crypto enthusiasts, turned out to be a disappointment for many in the cryptocurrency space. The anticipation of bullish momentum was palpable at the beginning of the month, with analysts predicting $70K rally for Bitcoin (BTC) and other altcoins. However, as the month unfolded, the reality
October 28, 2024 2 mins read
Solana (SOL) has been on an upward trajectory, defying the overall “Uptober” slump that hit many altcoins. Recently, Solana reached a three-month high at $179, marking a 13% increase in the past month and a 2% rise within 24 hours, with trading volumes also up by 28%. The question remains,
October 28, 2024 2 mins read
XRP, one of the most prominent altcoins, continues to face challenging market conditions as it struggles to maintain investor confidence. Despite attempts to break out of its consolidated phase, the coin remains below the $0.55 resistance mark, with a recent 13% dip over the past month and a 7% drop
October 28, 2024 2 mins read
Solana (SOL) is currently trading at $173, reflecting a slight decline of 0.49% over the past 24 hours, with trading volume down 20%. Despite this recent downturn, SOL has gained approximately 13% in the last week, previously hitting a three-month high of $179. The bullish momentum seen over the past
October 25, 2024 2 mins read
The Solana-based meme coin, Moo Deng (MOODENG), has gained notable attention in the cryptocurrency market, with its value increasing by 128.4% in the last 24 hours. Currently trading at around $0.1649, MOODENG has also seen a 293% rise in trading volume. This price action follows Binance’s announcement of a USD-Margined
October 25, 2024 2 mins read
Japanese investment firm Metaplanet has embraced a new performance metric called “BTC Yield” to evaluate its growing Bitcoin holdings, closely following the approach of U.S.-based firm MicroStrategy. Announced on Oct. 25, Metaplanet’s BTC Yield aims to reflect the company’s Bitcoin acquisition strategy’s potential shareholder value, offering a unique measure by
October 25, 2024 2 mins read
Microsoft shareholders will soon decide whether the company should publicly assess the potential of adding Bitcoin to its balance sheet. An October 24 filing with the U.S. Securities and Exchange Commission (SEC) reveals the proposal, named “Assessment of Investing in Bitcoin,” will be presented for a vote on December 10.
October 25, 2024 2 mins read
Binance has made a significant update to its platform by partnering with Paymonade to enable users to sell cryptocurrencies directly to their credit and debit cards, enhancing the overall user experience. This new feature, announced on October 24, allows users to convert their crypto holdings into local currencies, which are
October 24, 2024 1 min read
Cardano (ADA) is trading at $0.3429, reflecting a 4% decline in the past 24 hours and hitting a weekly low of $0.3396. Over the past month, ADA has dropped by 7%. During this period, its price action has been relatively volatile, with slight declines of 5% over the past week.
October 24, 2024 2 mins read
The crypto market is in a state of flux, marked by significant liquidations and fluctuating investor sentiment. On October 23, 2024, total liquidations reached $261 million, predominantly affecting long positions as traders anticipated a continuation of Bitcoin’s bullish trend. This liquidation surge ranks as the second-largest for October, following the
October 24, 2024 2 mins read