Tether Unveils aUSDT: A New Gold-Backed Digital Currency For Payments – Details
Tether, the issuer of the largest stablecoin in the cryptocurrency market, USDT, announced Monday the creation of a new synthetic dollar backed by gold. The token, aUSDT, was developed on the company’s Alloy by Tether platform. By leveraging…
Toncoin (TON), the native token of The Open Network, has had one of the best performances this cycle. The token has hit a new all-time high (ATH) twice this Friday and flipped Ethereum’s active users this week. Market watchers believe this breakout…
Is The CRV Painful Dip Over? This Event In August Could Spark A Rally
CRV, the native token of the stablecoin decentralized exchange Curve Finance, has been dumping in over the last year or so. After last week’s plunge, the token fell by as much as 75% from March 2024 highs, a huge concern for token holders…
ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program
ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the…
Crypto Analyst Predicts XRP Price Will Rally 102,590% To $500, But There’s A Catch
A crypto analyst has revealed a timeframe for XRP, the native token of the XRP Ledger (XRPL) to witness a substantial 102,590% rally. If this price surge occurs, XRP’s current modest value could skyrocket to an impressive $500 during this bullish…
TON Blockchain’s TVL Skyrockets 100% In Record Time, Analysts Bullish On Next Price Targets
Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, has recently experienced notable price appreciation and rapid growth in its ecosystem. After a period of consolidation between $1 and $2 since 2022, TON’s price has…
CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?
The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key…
Shiba Inu’s Shibarium Sees Triple-Digit Surge Across Major Metrics, What’s Going On?
Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. This…
Solana Sees Sharp Decline To $146, Will SOL Overcome Latest Hurdles?
SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s…
Bitcoin Mining Cost At $86,700: Price To Surpass This Soon?
Data suggests the average cost of mining Bitcoin is standing around $86,700 right now. Here’s what history suggests could happen next for BTC. Bitcoin Average Mining Cost Is Currently Notably Higher Than The Price In a new post on X, analyst…
Ethereum Foundation Moves $64.4 Million Worth Of ETH, Is This A Dump?
The Ethereum Foundation is again in the news following its recent transaction involving millions of Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the…
Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess
Bitcoin has been on a bumpy ride in recent days. The world’s most popular cryptocurrency has seen its price steadily decline, raising concerns about a prolonged bear market. However, beneath the surface, some analysts are detecting faint…
This Altcoin Gem Will Overtake Solana, Predicts Arthur Hayes
Arthur Hayes, co-founder of crypto exchange BitMEX, has predicted that the blockchain Aptos (APT) is poised to surpass Solana (SOL) in prominence and utility in the race for the second largest Layer 1 (L1) blockchain behind Ethereum within the next…
Bitcoin Price Faces Crucial Test: Here’s What At Stake This Week
As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) has provided an in-depth analysis…
Polkadot (DOT) Struggles Near $6.30 – Is Now The Time To Accumulate?
Technical indicators are casting a shadow over Polkadot, the blockchain interoperability stalwart. The token has dipped below the Ichimoku Cloud, signaling a clear downtrend. Adding to the bearish outlook, both the conversion line and the baseline…
Solana Price Faces Uphill Task: Tough Road Ahead For SOL Bulls
Solana tested the $138 zone before it started a recovery wave. SOL price must clear the $150 and $155 resistance levels to start a steady increase. SOL price is eyeing an upside break above the $150 resistance against the US Dollar. The price is…
XRP Price Recovers Past 100 SMA: Bullish Indicators Ahead?
XRP price started a decent recovery wave above $0.4850. The price reclaimed the 100-hourly SMA and might aim for more upsides. XRP price found support at $0.4600 and started a recovery wave. The price is now trading above $0.4850 and the 100-hourly…
Ethereum On The Rise and Outperforms Bitcoin: Signals Indicate Fresh Increase
Ethereum price started a fresh increase from the $3,365 zone. ETH outperformed Bitcoin and might aim for a move toward the $3,800 resistance zone. Ethereum started a recovery after the bulls appeared near the $3,365 zone. The price is trading above…
Bitcoin Price Decline Continues: Lower Targets in Sight
Bitcoin price started another decline from the $66,850 resistance zone. BTC is again moving lower and might even decline below the $65,500 support zone. Bitcoin failed to climb above $67,000 and started another decline. The price is trading below…
Breakout Alert! Chainlink (LINK) On Verge Of Major Surge, Analyst Says
After a period of consolidation, Chainlink (LINK), the oracle network powering decentralized applications (dApps), is exhibiting signs of a potential breakout. This bullish sentiment comes amidst a broader recovery in the cryptocurrency market…
Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?
Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options…
Analyst Calls Buy Signal As Solana Hits Key Support At $141
According to data from CoinMarketCap, Solana (SOL) has been slightly positive in the last day, notching a market gain of 1.37%. This price increase, while little, is highly encouraging for investors considering Solana’s bearish form in the past…
Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus
Bernstein analysts Gautam Chhugani and Mahika Sapra recently revised their price targets for Bitcoin in their latest market report, which also initiated coverage on MicroStrategy. These analysts also outlined factors that they believe could…
Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed?
Solana (SOL) whales are at it again, as they are seen to have moved a significant amount of their Solana holdings in the last 24 hours. This comes amidst the bearish sentiment in the crypto market, which has also caused Solana’s price to decline. …
Analyst Pinpoints Critical Support Zone For Bitcoin
According to data from CoinMarketCap, Bitcoin has had an unimpressive week with its market price falling by 4.65% over the last seven days. However, prominent crypto analyst Ali Martinez has released a price alert indicating that the market leader…
Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?
Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to…
XRP Whale Goes On Shopping Spree: 27 Million Coins Snapped Up As Price Dips
A recent buying spree by a deep-pocketed XRP investor has sent ripples (pun intended) through the cryptocurrency community. This whale, with a seemingly bottomless appetite for XRP, has scooped up nearly 27 million coins, sparking speculation of a…
Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?
Polkadot (DOT), a prominent player in the blockchain ecosystem, is currently experiencing a dramatic decline, prompting a bearish alert. The cryptocurrency is in freefall, with its price plummeting towards new lows. A combination of market-wide…
Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold
Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from…
WIF Price Crashes 15% – Will The Freefall Continue?
Dogwifhat (WIF), the once-booming memecoin featuring a Shiba Inu sporting a stylish knitted beanie, finds itself in hot dog water. After a meteoric rise earlier this year, WIF has been on a downward spiral, trapped within a descending channel since…
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