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Search Results for: altcoin

Ethereum Underperforms Bitcoin by Whopping 44% Since The Merge

Analysts claim that since the “merge” to proof-of-stake on the Ethereum blockchain occurred about two years ago, Ether’s performance has lagged behind bitcoin’s by a margin of up to 44%. Almost two years have passed since Ethereum’s upgrade, The Merge, which transitioned to a proof-of-stake network, and next week will

September 5, 2024 1 min read

Will Toncoin (TON) Price Turn Bullish After Recent Events?

Telegram and Toncoin have stayed in the limelight over the past two weeks. After the arrest of the Dubai-based messaging app’s co-founder in France, the global community focused on the proceedings that followed. These incidents were reflected majorly by the Toncoin price in the last fortnight. The token was subjugated

September 5, 2024 2 mins read

Will Ethereum Price Continue to Decline Amid Slippery Recovery?

Ethereum (ETH) has witnessed crucial challenges in recent weeks, continuing its downward trajectory. After the recent price slump, ETH extended its bearish momentum, following the launch of a new decentralized exchange, Ethervista, and Ripple’s announcement to add an Ethereum smart contract on XRP Ledger.  However, market analysts suggested that ETH

September 5, 2024 2 mins read

Will Bitcoin Price Fluctuations Settle Soon?

Bitcoin price movement has drawn significant attention from traders over the past month, with many anticipating a recovery. However, the cryptocurrency has struggled to break through the $60,000 resistance zone. Since the start of September, Bitcoin price fluctuations have remained between $55,500 to $58,000. In the past 24 hours, BTC

September 5, 2024 2 mins read

Will Solana Bearish Trend Continue After an 18% Monthly Drop?

The cryptocurrency market remains in a bearish phase, with the total market capitalization dropping by 4.33%, while trading volume has risen by 17%, reflecting increased activity despite the downturn. Bitcoin, the largest cryptocurrency by market cap, fell by 4.66%, leading a broader decline in altcoins. Ethereum dropped by 6%, hitting

September 4, 2024 2 mins read

Bitcoin Surrenders to Bears with Major Dips and ETF Outflows

Crypto traders have inclined their attention towards Bitcoin in the past month anticipating for price recovery. The cryptocurrency, on the other hand, showed redundant struggles to break resistance beyond $65K. Prices have consolidated at the $59K level since August. In the last 24 hours, Bitcoin prices revisited support levels at

September 4, 2024 2 mins read

Ripple Price Shows Strong Bullish Action: XRP Tests Major Support

Ripple’s XRP has embarked on a notable upward trajectory since the week’s commencement, signaling a resurgence in buying sentiment within the cryptocurrency market. This positive price action coincides with a significant technological development: the expansion of Ethereum-compatible smart contracts to the XRP ledger. This enhancement promises to unlock new possibilities

September 3, 2024 1 min read

Will Solana (SOL) Reverse Its Downside Trend?

The crypto market has witnessed bullish turns, with the market cap recording a 2.90% spike. Nonetheless, volatility has persisted over the past week. Solana (SOL), the fifth-largest cryptocurrency, has faced significant challenges throughout August, with its price dropping to $110—its lowest level in the past five months. SOL’s has briefly

September 3, 2024 3 mins read

Is Ethereum Poised for an Imminent Bullish Rebound?

Ethereum, the leading altcoin, has shown signs of recovery after a challenging month, where it declined by 14%. In the past 24 hours, ETH surged to $2,563 before settling at $2,520.29, marking a 2.65% decline. It traded within the range of $2,434 and $2,563, but trading volume fell by 3.27%.

September 3, 2024 2 mins read