Cardano (ADA) finds itself on the brink of a critical juncture as it approaches the $0.6 threshold, with market watchers anticipating a potential bullish breakthrough. A detailed analysis of ADA’s recent price chart reveals a methodical ascent, encountering incremental resistance and resilient support along the way. ADA currently contends with
January 12, 2024 2 mins read
XRP Ledger developers have officially unveiled the rippled 2.0 update, bringing forth a host of feature amendments and enhancements. Among the notable additions are the XLS-38 Cross-Chain Bridge and the XLS-40 Decentralized Identity, accompanied by various fixes and improvements. One of the standout features of the rippled 2.0 update is
January 11, 2024 2 mins read
Litecoin (LTC) has returned to the spotlight with its recent price movements. Traders and analysts are closely monitoring key support levels, seeking insights into the potential trajectory of LTC in the coming weeks. A detailed technical analysis of Litecoin’s weekly time frame reveals a notable decline in the LTC price
January 10, 2024 2 mins read
A mysterious crypto whale has recently executed a hefty transaction, acquiring 4,677 Ethereum valued at approximately $11 million, as reported by Lookonchain. The intriguing aspect of this purchase lies in the bold bullish stance the whale seems to be taking on Ethereum’s future while expressing a bearish sentiment towards Bitcoin,
January 10, 2024 2 mins read
XRP has struggled to gain momentum, experiencing a continuous downturn. As of the latest update, the coin’s value has declined by an additional 10.83% over the last 30 days, settling at $0.5553. XRP’s path to recovery is currently intertwined with the fate of Bitcoin (BTC). The imminent approval of the
January 10, 2024 2 mins read
The Shiba Inu (SHIB) token has experienced an extraordinary surge of 667% in its burn rate, marking a pivotal moment for potential growth. This surge aligns with a slight increase in SHIB’s value, reflecting a positive sentiment shift among investors and suggesting the emergence of a more sustained bullish trend.
January 9, 2024 2 mins read
Polygon (MATIC) experienced a noteworthy rebound recently following a crucial announcement from its development team regarding a substantial upgrade in transaction fee calculations. However, despite this positive development, MATIC continues to grapple with a bearish pattern that has persisted for nearly 60 days. Polygon declines from trend line The decline
January 9, 2024 2 mins read
The XRP price managed to break free from a long-term descending resistance trend line, a development that unfolded in July 2023 after reaching a low of $0.29 in June 2022. Following this breakout, XRP surged to a high of $0.94, subsequently experiencing a pullback that intriguingly found support at the
January 9, 2024 2 mins read
As the crypto industry welcomed 2024 with optimism, Binance, one of the leading cryptocurrency exchanges, brought forth significant updates for traders and holders of XRP and Solana (SOL). However, an unexpected twist in the form of market volatility prompted Binance to postpone the launch of USDC-margined perpetual contracts initially scheduled
January 4, 2024 2 mins read
The burn rate for the cryptocurrency Shiba Inu (SHIB) has increased notably, rising by 3,963% within the last 24 hours. This surge reflects the burning of 1.22 million SHIB tokens, impacting the coin’s circulating supply which now stands at 581.01 trillion tokens. While the overall cryptocurrency market is experiencing a
January 4, 2024 2 mins read