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Solana’s (SOL) remarkable price rally has brought it within striking distance of its all-time high, though the cryptocurrency faces significant technical hurdles. As traders pile into SOL positions, market indicators present a mixed outlook for the leading altcoin. Solana Hits Record-Breaking Market Interest Futures Open Interest for Solana has surged
The altcoin market saw remarkable growth this month, with SOL, XRP, ADA, PEPE, and FLOKI surging in double-digit returns. Consequently, the anticipation of the altcoin season mounts. ETH’s surge might be the missing piece to solidify the altcoin market rally. The largest altcoin, Ethereum (ETH) has stalled behind other major
Bitcoin (BTC) has turned into a crucial digital asset to watch after reaching an all-time high of $93,434 on November 23, 2024. Following nine consecutive days of record-breaking highs, the flagship cryptocurrency has now settled above $91,500, maintaining steady momentum despite struggling to break past the $92,600 resistance level. This
XRP has maintained its position above the crucial $1 threshold following last week’s remarkable 100% surge, marking its first return to this level in nearly three years. Ripple, currently trading at $1.15, has established strong support despite a minor retracement from its weekend peak of $1.265. XRP Technical Analysis Points
Cardano founder Charles Hoskinson has revealed significant progress in his efforts to establish comprehensive cryptocurrency regulations in the United States. During a November 17 surprise AMA session, Hoskinson detailed recent meetings with government officials and industry leaders aimed at creating a workable regulatory framework. Cardano Key Industry Collaborations Emerge The
As the crypto market enters the weekend slumber, Bitcoin has decided to stay upbeat. The cryptocurrency changed gears to alter its course in the bull run after the modest drop. In reflection, the overall market shows a 3.71% increase in market cap. Meanwhile, the crypto regulatory space has shown some
XRP has finally joined the crypto bull market, hitting a nearly 16-month high of $0.8452, a level last seen in early July 2023. Over the past 24 hours, XRP surged by over 23%, rising from an intraday low of $0.6866. While major cryptocurrencies like Bitcoin benefited from Donald Trump’s recent
The surge in crypto asset prices ignited a bullish sentiment in the cryptocurrency market. Notably, the global crypto market cap currently settles at $2.99 trillion, with a 3.64% increase over the day. Bitcoin (BTC) hit its new all-time high of $93.4K, which lifted the crypto market. Despite the surge, the
Before dropping to $90,256 on Wednesday, Bitcoin surged to a new all-time high over $91,000. Since Trump’s victory in last week’s US presidential election, the flagship cryptocurrency has soared, setting new records. In terms of market capitalization, Bitcoin is currently larger than Saudi Aramco, the oil giant. Trump promised throughout
At the much-anticipated Devcon 2024 in Bangkok, Vitalik Buterin, the co-founder of Ethereum, shared exciting updates on the network’s future. He outlined key upgrade plans to enhance decentralization and censorship resistance and prepare for quantum computing threats. The report said that Buterin highlighted Ethereum’s goal to scale, aiming for over
