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
In a tumultuous November for the crypto sphere, altcoins soared to unprecedented heights only to be swiftly brought down, tracing volatile patterns that tested support lines. Ethereum, the leading altcoin, surged to a seven-month high of $2140 in the second week of this month before succumbing to volatility in subsequent
In a week marred by legal upheaval, Binance, the world’s largest cryptocurrency exchange, found itself embroiled in an event that reverberated across global financial spheres. The exchange was hit with criminal charges alleging violations of sanctions and money transmitting laws, culminating in a historic $4.3 billion settlement with the U.S.
Bitcoin, the dominant force in the cryptocurrency realm, has ignited fervent conversations within the community during this holiday season. Its recent climb to $38,544 marks a monumental high not witnessed since May 5, 2022, a staggering 18-month gap. The surge follows a turbulent two-day period that saw Bitcoin dip below
Crypto analytics platform Nansen is grappling with a wave of phishing scams targeting its users. Numerous individuals have reported receiving fraudulent emails promoting an attractive “Nansen Airdrop,” allegedly offering an exclusive opportunity for participation. However, CEO Alex Svanevik took to X (formally Twitter) and “warned users” that there is “no
As 2023 draws to a close, the crypto landscape stands as a testament to unprecedented highs and regulatory battles, with bears holding sway for extended periods. Yet, the resilience of market bulls has been constant, fiercely contending despite their struggle to maintain prolonged momentum. This fleeting strength prompts contemplation among
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has demonstrated remarkable resilience in recent days. Amidst broader market uncertainty and fluctuations, ETH showcased a bullish rebound, defying the downward trend that affected several other coins. Over the past 24 hours, ETH surged by 4%, clawing back from recent losses and
The last twenty-four hours in the volatile world of cryptocurrency have been a whirlwind following the unexpected resignation of CZ Binance, the renowned figure and CEO of the largest exchange, Binance. His departure comes hand-in-hand with a staggering $4 billion settlement between United States agencies, shaking the global market capitalization,
Chainlink, a standout in the blockchain realm, recently captured investor attention as its price made historic leaps, marking an 88% surge over the past month. Starting at $7.362 and reaching $17, the bullish movement led to excitement, but the current market reflects a 5% decline, with LINK trading at $14.
Ethereum (ETH) has initiated a new rally, breaching the $1,950 resistance level. The second largest cryptocurrency is presently in a consolidation phase, eyeing a potential breakthrough above the $2,070 resistance. This positive momentum follows a key trajectory, from the $1,976 swing low to reaching a high of $2,061. Today, ETH’s
