The major cryptocurrency, Bitcoin (BTC) has been fluctuating between $69K-$65K for the past few days. Certain tokens have lost and regained their momentum. Meanwhile, Chainlink’s price has sustained its price above the $11 mark. Notably, LINK has recently broken through critical resistance at the $11.70 range. This resurgence comes with
October 25, 2024 2 mins read
XRP has wrestled to regain its bullish momentum over the past few weeks. The asset failed to cross the crucial $0.55 resistance mark. In addition, Ripple Labs has been involved in a lengthy lawsuit with the SEC, but recent developments have rekindled community interest. Analysts are expecting a notable shift
October 25, 2024 2 mins read
Ethereum Layer 2 (L2) scaling solution Base is launching fault proofs on its mainnet on October 30, 2024. This upgrade aims to decentralize by enabling permissionless validation and improving security for users on the network. Base stated: Fault proofs are coming to Base Mainnet on October 30th, marking a key
October 24, 2024 2 mins read
Bitcoin’s crucial resistance levels are tested to confirm a bullish trend. To accomplish this, BTC needs to surpass the $70K mark. The asset has shown resilience in recent days, with the bulls eyeing higher targets. The technical indicators suggest Bitcoin’s bullish momentum despite a brief downside correction. Moreover, the daily
October 24, 2024 2 mins read
The central bank of Norway, Norges Bank, is on potential research to launch central bank digital currency (CBDC). The decision is to be finalized by 2025, as stated by Deputy Central Bank Governor, Pal Longva. The nation is in the pilot phase of CBDC exploration and Norway is among 134
October 23, 2024 1 min read
The crypto market has stepped into a positive outlook as the price movement of assets has recovered in the past few days. Eventually, the overall market has lost its momentum and the market cap has reached $2.29 trillion. The fifth-largest altcoin, Solana (SOL) has marked a 0.80% spike and struggling
October 23, 2024 2 mins read
The cryptocurrency market’s recent momentum is on the downside. All the major assets have fallen back to the immediate support levels. Besides, the crypto market has registered $117.25 million in liquidations over the past 24 hours. Among the fluctuating altcoins, Worldcoin (WLD) has retracted back to its bearish rally after
October 23, 2024 2 mins read
The decentralized finance (DeFi) platform formerly MakerDAO, now branded as Sky, is planning a return to its original name following community pushback over the rebranding. The co-founder of Sky, Rune Christensen has commenced a proposal to readdress the rebranding decision. Since the rebrand in August 2024 as part of the
October 22, 2024 2 mins read
The trading day opened with the cryptocurrency market exhibiting a moderate dip in market cap of 2.23%, positioned at $2.33 trillion, over the last 24 hours. Major cryptocurrencies are priced in red. Notably, the largest asset, Bitcoin (BTC), has briefly entered the bearish zone by losing over 2%. The largest
October 22, 2024 2 mins read
The cryptocurrency market has been through bullish turns, with the market cap reaching $2.36 trillion. Major assets are striving to recover in the second half of October. In particular, Solana (SOL), the fifth-largest cryptocurrency, has drawn out its gains by 4.87%. SOL chose a bullish rally for the day, breaking
October 21, 2024 2 mins read
