Total crypto market cap has increased by over 110% YTD, adding over $870B, with a significant 55% gain in Q4 alone, according to a new analysis by Binance Research. This upturn may indicate a change in market patterns, after a long period of inactivity following the cryptocurrency market’s 2021 peak.
As the world of cryptocurrency continues to evolve and expand, 2024 stands out as a year of significant potential for several notable players in the space, including Solana (SOL), Shiba Inu (SHIB), and the emerging Retik Finance (RETIK). Each of these projects brings unique offerings and innovations that could redefine
According to Solana founder Anatoly Yakovenko, who recently spoke on Laura Shin’s Unchained podcast, the future of Solana’s Saga Phone is questionable due to low sales and shifting market dynamics. Earlier this year, the phone was available for purchase; in August, its price was reduced from $1,000 to $599. During
As a result of renewed hope that a spot bitcoin ETF would be approved in the United States, the crypto market is experiencing a boom, and Bitcoin broke above $44,000 for the first time since April 2022. The general market, and Solana in particular, are benefiting from this rising pattern.
As the price of Coinbase (COIN) shares kept climbing amid a phenomenal rebound in the crypto market, Ark Invest, led by Cathie Wood, sold further shares. On the other hand, at the same time, Robinhood (HOOD) shares are still being purchased by Ark Invest’s several funds in anticipation of massive
As Bitcoin broke beyond the $41,500 barrier, the cryptocurrency sector as a whole has witnessed a tremendous surge. Moreover, Ethereum is also witnessing strong bullish momentum and is trading above the $2200 level at the time of writing. Furthermore, most altcoins have risen sharply, indicating widespread optimism in the cryptocurrency
In a recent report by the British multinational bank Standard Chartered, a bold prediction has emerged regarding the trajectory of Bitcoin’s value. The bank projects a staggering surge in Bitcoin’s worth, estimating it to reach an impressive $100,000 by the close of 2024. This forecast stands as a reaffirmation of
Cardano’s ADA token has witnessed growing volatility in recent days, with mixed signals emerging across varying timeframes that leave traders uncertain about the next major price move. Currently ranked as the 8th-largest cryptocurrency by market capitalization, ADA fell nearly 3% on Wednesday to $0.3735 amid broader declines across the crypto
The altcoin market, which experienced a promising uptrend in the last quarter of 2023, is now grappling with a resurgence of bearish sentiments. Despite hitting impressive highs earlier in November, several top altcoins are now facing significant retracements, sparking fears among investors and traders. Ethereum, the leading altcoin, soared to
The price of Cardano’s ADA token has entered a period of consolidation over the past day, sliding 2.87% to $0.3806 at press time. This price level represents a crucial support zone, according to market analysts, who believe further upside could still be in store for the fifth-largest cryptocurrency by market
