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The stablecoin market has reached a pivotal juncture, with total liquidity hitting unprecedented levels, according to the latest CryptoQuant report. This surge in stablecoin value, now totaling $169 billion, represents a 31% increase year-to-date, adding $40 billion to the market. This growth not only signals increased confidence in digital assets
The second largest crypto, Ethereum (ETH), is currently facing a challenging phase as its price hovers around $2,400, reflecting a slight 0.09% increase in the last 24 hours and a 0.49% rise over the week. However, this recent uptick comes amid broader concerns about its ability to maintain key support
Canary Capital, a digital asset investment firm, has officially filed a registration for a spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). The firm initiated this move a week after Bitwise filed its own S-1 registration for an XRP ETF. Canary Capital became the second firm to
Cryptocurrency analyst Dan Gambardello has sparked intrigue in the Cardano community with his recent analysis, suggesting that ADA stands on the cusp of a major price movement. Drawing parallels between the current market cycle and the 2020 bull run, Gambardello’s insights offer a compelling narrative for Cardano’s potential trajectory. Reflecting
Ethereum’s price oscillation over the past few days has left traders anxious due to eminent volatility. Several crypto analysts anticipate that the ETH price might recover with the influx of October. The ETH price is at a critical juncture as it hovers near strong resistance and support levels. The largest
Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, staging a significant recovery following a sharp bearish pullback. The fifth-largest cryptocurrency by market capitalization has outpaced Ethereum’s performance by approximately 8.5% over the past month, adding an impressive 16% to its valuation. This surge in value
During the weekend, XRP saw a bullish trend across the cryptocurrency market. Ripple staged a notable rebound from the $0.5 support level. However, this recovery has faced resistance, leaving the token in a state of uncertainty. The ongoing Ripple vs. SEC lawsuit continues to cast a long shadow over XRP’s
The cryptocurrency market is displaying a positive shift this week, with Bitcoin climbing 2.5% and trading at $63,387, reaching an intraday high of $63,957. This upward movement comes as investors eagerly await Federal Reserve minutes of its monetary policy meeting, including the Consumer Price Index (CPI) for September, as well
After a court ruling in favor of Ripple in 2023, the US Securities and Exchange Commission (SEC) recently decided to appeal the case. In the hours that followed, XRP’s price plummeted, even though there was hope for a possible US-based XRP ETF. The SEC’s war against Ripple and the crypto
Since the introduction of Frankendancer, a new validator client, to the mainnet-beta, Solana’s transaction throughput has skyrocketed to 40,000 TPS. Some have drawn parallels between this development and Cardano, a network that can only handle 1.3 TPS at the moment. In a post on X, crypto expert Marty Party brought
