Thu, November 12

Solana Community Rejoices, What Could Be the Reason?

Solana (SOL) has emerged as the epicenter of the latest market frenzy, drawing attention for its unprecedented growth in Non-Fungible Tokens (NFTs). The Solana blockchain ecosystem has experienced a remarkable surge, with a notable rise in the value of its native token, SOL. In a recent revelation, Solana NFTs witnessed

December 1, 2023 2 mins read

Whale Sells $6.3M in Ethereum Prompting Questions on Taking Profits

The sale of 3,150 Ethereum worth over $6.37 million by a crypto whale is sparking debate on whether investors should take profits after the token’s recent rally. The heavy transaction comes as Ethereum hovers below a technical resistance level that has repeatedly triggered sell-offs historically. According to on-chain data, the

November 30, 2023 2 mins read

XRP Price Continues to Trade in Red as Bears Continue Domination

In response to claims that Ripple’s monthly escrow XRP release dampened the cryptocurrency’s price performance over the last five years, legal expert Bill Morgan has cast doubt on that assertion.  The ongoing discussion about XRP’s dismal performance over the last five years came to a head when a crypto fan

November 30, 2023 2 mins read

Ethereum Price Consolidates After Failing to Clear Above $2072

Cardano’s founder claims that while Ethereum’s co-founder works to rearrange one of its most prominent aspects, Cardano’s current structure seems to be being replicated via the Ethereum blockchain network. Hoskinson maintains the firm belief that Cardano’s status as an industry prototype has gone unrecognized. Charles Hoskinson recently made some bold

November 30, 2023 2 mins read

Early Signs of Accumulation Hint at Polygon Reversal

Over the past two weeks, Polygon’s native MATIC token has shown intriguing signals of significant buyer accumulation despite ranging prices. For seasoned crypto investors, such early signs often foreshadow major volatility swings. MATIC has traded sideways in a relatively narrow band since its unexpected 21% single-day drop seen earlier this

November 29, 2023 2 mins read

Solana Breaks Above Key Resistance Level, Further Surge Likely?

Solana and most altcoins have been riding the current bullish momentum. Late Tuesday, Bitcoin’s price began to climb as Federal Reserve governor Chris Waller signaled a possible economic slowdown and continued inflation moderation, praising the “right spot” for present policies. Additionally, Waller said that there is a strong case for

November 29, 2023 2 mins read

ETH Bears Seize the Reign Amid Ethereum’s Uncertain Path

In the volatile crypto world, recent developments have cast a shadow over Ethereum’s performance, hinting at potential challenges ahead. The Shanghai hard fork, even prior to its activation, had been impacting Ethereum’s price. Now, post-upgrade, concerns about unstaking have become palpable, contributing to a sense of unease in the market.

November 29, 2023 2 mins read

Cardano Price Action Gives Mixed Signals As Traders Consider Next Move 

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

November 28, 2023 2 mins read

Crypto Addresses Holding Dogecoin Hits 5 Million Milestone

Following data compiled by on-chain analytics company IntoTheBlock, the number of crypto addresses containing DOGE has now surpassed 5 million, marking a significant milestone. With a 1,000% increase in the last 10 days, the number of completed transactions on the network reached a new high, while the quantity of active

November 28, 2023 1 min read

Stablecoin TrueUSD (TUSD) Depegs Amidst Recent Developments

In the wake of Binance’s former CEO Changpeng Zhao’s (CZ) resignation and reports stating that terrorists choose Justin Sun’s Tron over Bitcoin for enabling terror funding, among other things, the TrueUSD (TUSD) stablecoin depegged and fell to a low of $0.995. The current price of TUSD, after an unsuccessful repeg

November 28, 2023 1 min read