The cryptocurrency market is no stranger to innovations that have helped to transform the digital finance world. With the advent of altcoins such as ETFSwap (ETFS), Chainlink (LINK), Stellar (XLM), and Ripple (XRP), the crypto world is on track for another explosive change. Continue reading to know how ETFSwap (ETFS)
TRON’s native cryptocurrency, TRX, has reached a multi-year high of $0.1681, a level last seen in January 2018. This surge is closely linked to the TRON community’s recent decision to increase the network’s energy cap to 120 billion, a move that has significantly boosted network activity and reduced transaction fees.
Bitcoin has rebounded strongly, recently reaching $65,000 after a dip to $49,000 earlier this month. Over the past week, the cryptocurrency has surged by 9%, with a notable boost on August 23 when it crossed the $61,000 mark. This rally has instilled a bullish sentiment among traders and investors. The
The Shiba Inu (SHIB) cryptocurrency project plans to launch a Decentralized Autonomous Organization (DAO). It is initiated to empower SHIB holders to participate in the project’s governance. Lucie, marketing lead at the memecoin project, announced the plans for launching DAO on Aug 25 in an X post. The DAO aims
Solana (SOL), the fifth-largest cryptocurrency by market cap, has drawn out its marginal gains. After a 1.68% spike, SOL chose a brief bullish rally for the day, breaking the previous resistance levels. Over the last 24 hours, SOL managed to hit a high of $162. Despite the surge, the SOL
While the global crypto market is displaying mixed price actions today, the Artificial Superintelligence Alliance (FET) has emerged as a top performer. Bitcoin (BTC) remains above $64,000 and Ethereum (ETH) trades near $2,800. FET has rallied nearly 20%, climbing from a low of $1.17 to a high of $1.40. Over
In a few weeks after beginning beta testing, Ripple minted the first tokens of its forthcoming stablecoin, RLUSD, on Ethereum and the XRP Ledger. With the announcement of their new stablecoin, Ripple made their first foray into the $177 billion stablecoin market earlier this year. The token’s release was long
Expectations on a possible Federal Reserve rate decrease in September skyrocketed, leading to a strong gain in the cryptocurrency market last week. Ethereum was trading at $2,800 while Bitcoin was close to $65,000 over the weekend. Next up, among other important events, are the US PCE numbers, which, among other
Prominent on-chain analyst Ali Chart tweeted an optimistic forecast for Solana (SOL). His chart suggests that Solana is forming a bullish Adam & Eve pattern, which might portend a significant price gain. According to Ali, the cryptocurrency price can surge by almost 33%, reaching $220, if SOL manages to surpass
Blockchain investment behemoth Digital Currency Group (DCG) has paid off all of its short-term debts as of June. This is according to a quarterly shareholder letter the business sent out this week. Thanks in large part to a stellar performance during the first half of the year, the firm was
