On the last day of the month, the crypto market showed mild activity as leading currencies crawled towards higher levels. However, they have remained bullish, as indicated by the 0.92% increase in the overall market cap. Meanwhile, Justin Sun’s eating the banana he purchased for $6.2 million caused a frenzy.
The new crypto accounting standards introduced by the U.S. Financial Accounting Standards Board (FASB) are set to take effect later this month. Accounting Standards Update (ASU) 2023-08, issued in December 2023, will apply to fiscal years beginning after December 15, 2024. Under the new rules, U.S. companies holding eligible crypto
Solana’s recent price action has created a challenging environment for bullish traders, with the cryptocurrency experiencing a notable correction from its all-time high of $264.63 reached on November 22. The 10% decline over the past week has triggered a cascade of market effects that warrant careful analysis to understand the
After an extraordinary monthly performance that saw XRP surge by 181.38%, the cryptocurrency has entered a critical consolidation phase that could determine its next significant move. The recent rally, which pushed prices to $1.63, has now given way to a more measured market environment that demands careful technical analysis to
Bitcoin’s relentless march toward global acceptance has cemented its position as a leading cryptocurrency. With governments, institutions, and retail investors adopting Bitcoin, the crypto market is experiencing an unprecedented surge. However, as Bitcoin dominates headlines, a rising star—FXGuys ($FXG)—is capturing attention for its innovative approach to trading and decentralized finance
Cardano’s ecosystem is showing notable shifts in whale behavior and network activity that warrant careful attention from market participants. The most striking development has been the dramatic decline in large transaction volume, falling from $45.41 billion to $26.34 billion over just six days, representing a significant change in how institutional
London, united kingdom, 29th November 2024, Chainwire
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The bull market resumes its run, regaining lost price levels. Polkadot (DOT) and TRON (TRX) continue their uptrend, aiming for a breakout above key resistance levels. On track for further gains, these are altcoins to watch out for. Meanwhile, experts predict significant gains for the viral AI crypto IntelMarkets (INTL).
As cryptocurrency markets blaze ahead with renewed vigor, analysts highlight key tokens edging toward critical price levels, presenting intriguing opportunities. Amidst this surge, seasoned and new investors alike are scouring for assets poised to deliver substantial gains as the bullish momentum builds across the digital currency landscape. Among the rising
