Bitcoin’s October phase has ended with a 13% gain, triggering analysts to predict upward momentum in November. BTC enters a period of heightened anticipation, eyeing potential price movements. Despite that, the crypto market cap has reached $2.34 trillion, losing over 3.70%. The BTC price has slipped by 4% over the
Victoria, Seychelles, 31st October 2024, Chainwire
Chainlink (LINK) has risen from the launch price of $0.1719 in September 2017, to an all-time high of $50.07 in May 2021, due to its ability to allow smart contracts to interact with, and take action on, real-world data. However, a new challenger, Rexas Finance, is causing a splash with
As November prepares to make its entrance, the crypto market breaks and recovers from the bearish pressure. The trading day opened with the market exhibiting a 4.68% surge in market cap, reaching $2.4 trillion over the last day. Notably, the largest cryptocurrency, Bitcoin, has broken above $71K. The largest altcoin,
The Global cryptocurrency market cap currently stands at $2.29 trillion, a slight 0.44% gain in the past day. Over the last 24 hours, trading volumes reached $50 billion, up by 5.80%. DeFi trading volumes accounted for $3.38 billion of this, or 6.76% of the daily total, while stablecoins made up
XRP, one of the most prominent altcoins, continues to face challenging market conditions as it struggles to maintain investor confidence. Despite attempts to break out of its consolidated phase, the coin remains below the $0.55 resistance mark, with a recent 13% dip over the past month and a 7% drop
The global crypto market is heating up with various news, that led Bitcoin (BTC) to dip to $65,521 from the high of $68,722. This 5% drop followed reports from the Wall Street Journal claiming that Tether, a major player in the crypto space, is under investigation by U.S. authorities. Tether
Solana (SOL) is currently trading at $173, reflecting a slight decline of 0.49% over the past 24 hours, with trading volume down 20%. Despite this recent downturn, SOL has gained approximately 13% in the last week, previously hitting a three-month high of $179. The bullish momentum seen over the past
Binance has made a significant update to its platform by partnering with Paymonade to enable users to sell cryptocurrencies directly to their credit and debit cards, enhancing the overall user experience. This new feature, announced on October 24, allows users to convert their crypto holdings into local currencies, which are
The cryptocurrency market’s recent momentum is on the downside. All the major assets have fallen back to the immediate support levels. Besides, the crypto market has registered $117.25 million in liquidations over the past 24 hours. Among the fluctuating altcoins, Worldcoin (WLD) has retracted back to its bearish rally after
