Wed, September 30

Litecoin Breaks Above $72, LTC Shows Increased Volatility

Litecoin (LTC) has emerged as a standout performer in the cryptocurrency market, defying the initial ‘Uptober’ disappointment and rekindling hopes for a bullish close to the month. The token’s price action has shown increased volatility in the second half of October, breaking free from its previous consolidation around $66 and

October 17, 2024 1 min read

XRP Hovers Around $0.5 Level: Can Ripple Recover?

XRP finds itself at a critical juncture as it steadily recovers from its late September downturn, which saw an 18% price decline. Currently trading at $0.55, the altcoin is on the cusp of reclaiming a previously established support level, potentially signaling the onset of a new bullish phase. This recovery,

October 17, 2024 2 mins read

WazirX Poll Controversy Raises Questions Amid Slow Recovery

WazirX, India’s largest cryptocurrency exchange, is facing backlash over its slow response to a $200 million hack and its mismanagement of a poll regarding debt restructuring. In line with Singapore High Court directives, WazirX recently disclosed over 240,000 wallet addresses as part of its parent company, Zettai Pte Ltd’s restructuring

October 17, 2024 2 mins read

Is XRP on the Verge of a Major Breakout Beyond $0.60?

XRP has regained momentum, hitting a two-week high of $0.5666, marking a 2.72% surge in the past 24 hours, though it slightly retreated to $0.5573. The altcoin’s trading volume saw a notable 16% increase, reflecting heightened market activity. Despite the recent recovery, XRP is still down 5% over the past

October 17, 2024 2 mins read

Solana Sustains Its Price Above $155 Amid Increased Volatility

The cryptocurrency market pendulum has prolonged its stay on the bullish end as price actions have continued to remain positive in the past week. Overall crypto market has recorded positive market cap and daily trading volume movements, particularly in the last 24 hours. Similarly, the prominent altcoin Solana has also

October 16, 2024 2 mins read

Is Ethereum Headed for a Dip After Recent Highs?

Ethereum surged to a 16-day high of $2,684, bolstered by a wave of bullish momentum over the past week, gaining 8%. The rally mirrors Bitcoin’s recent rise above $68,000, pushing Ethereum to peak levels. However, as of today, Ethereum has pulled back slightly, trading at $2,623, with new signs indicating

October 16, 2024 2 mins read

021 Doubles Down on Avalanche with Strategic Acquisition of Looty

021, a consumer-focused venture studio, has announced the strategic acquisition of Looty, a Web3 loyalty and rewards platform, just nine months after its inception. Launched in February 2024, Looty quickly became a key player on the Avalanche network, offering brands across various consumer-facing industries the ability to engage and reward

October 16, 2024 2 mins read

XRP’s Breakout Potential: Analyzing Ripple’s Market Position

Ripple’s XRP finds itself at a critical juncture as the cryptocurrency market enters the third week of October on a positive note. With the broader market experiencing its third consecutive day of positive inflows, major tokens have regained upward momentum in their valuations. XRP, currently trading at $0.54, stands on

October 16, 2024 1 min read

Cardano Faces Major Resistance: ADA at Risk of Potential Pullback

Cardano (ADA) finds itself at a critical juncture as it approaches a formidable resistance level, despite recent price appreciation. This resistance stems from a substantial number of addresses holding ADA at unrealized losses, potentially poised to exit their positions. The current market sentiment remains divided, with the possibility of a

October 15, 2024 2 mins read

Has Bitcoin Bull Run Begun as Price Surpasses Key Resistance at $65K?

Bitcoin price action is the day’s breakfast convo for crypto community members. The cryptocurrency has begun to recover to its previous price levels at the $60K range. Meanwhile, the web3 community is also awaiting several token unlocks this week, including the WLFi token from Trump’s DeFi project.  When reverting attention

October 15, 2024 2 mins read