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Forget Q1 Slump: Solana Explodes Over 300% Amid DEX Boom

Cryptocurrency Market News

In the first quarter of 2024, Solana became the clear leader thanks to a notable increase in the amount of Decentralized Exchange (DEX) and Decentralized Finance (DeFi). In addition to its remarkable rise in DEX and DeFi sectors, Solana’s dominance was further solidified by its scalability, low transaction fees, and robust infrastructure. The massive increase…

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Breakout Of The Year? Crypto Analyst Predicts Where NEAR Is Headed Next

Cryptocurrency Market News

The price of Near Protocol’s native token, NEAR, has been on an upward momentum recently, with a crypto analyst projecting further price increases and suggesting that the coin could see a surge to more than $10 soon. Near Protocol Price Poised For $10 Surge Popular crypto trader and analyst, identified as Bluntz on X (formerly…

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Bitcoin Dips, But Don’t Panic: ETFs See Three Days Of Bullish Inflow

Bitcoin

The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC sent jitters through the financial world. Initial concerns about fading demand seem unfounded as Bitcoin ETFs continue to shatter trading volume records. This is further bolstered by three consecutive sessions of net inflows into these investment vehicles. Bitcoin ETF Inflows Signal Long-Term Investor Appetite A…

Bitcoin Dips, But Don’t Panic: ETFs See Three Days Of Bullish Inflow Read More »

FOMO Gives Way To Fear: Bitcoin-Ethereum Ratio Signals Shift In Crypto Sentiment

Bitcoin News

The recent ratio between Bitcoin (BTC) and Ethereum (ETH) prices suggests a potential decline in risk appetite within the crypto market. The ratio has reached its highest level since April 2021, indicating a stronger demand for Bitcoin than its smaller rival, Ethereum. This development has led crypto asset trading firm QCP Capital to speculate that…

FOMO Gives Way To Fear: Bitcoin-Ethereum Ratio Signals Shift In Crypto Sentiment Read More »

Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40

Dogecoin

Dogecoin has had a rather interesting week, first rallying to cross $0.2, before correcting back downward and eventually losing support at $0.8. Nevertheless, there is still a lot of steam left in the cryptocurrency it seems, as crypto analysts have identified both a bottom and a 7-year cycle that could send its price as high…

Dogecoin Finds A Bottom: How The 7-Year Cycle Can Send Price To $40 Read More »

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale

Solana

In a significant development, FTX bankruptcy trustees have reportedly sold about two-thirds of a $2.6 billion stash of Solana (SOL) at a “deeply discounted price.”  Industry figures such as Galaxy Trading and Pantera Capital were among the investors involved in the deal, according to people familiar with the matter, as reported by Bloomberg. SOL Tokens’…

FTX Estate Offloads $1.9 Billion Worth Of Locked Solana (SOL) Tokens In Sale Read More »

XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen

Eth

Crypto analyst CrediBULL Crypto has laid out a bullish narrative for Ethereum (ETH) and XRP. He claimed that both tokens could rise to as high as $20,000 and $20, respectively. Additionally, he stipulated when this parabolic price surge is likely to happen.  Ethereum Could Hit A Market Top Near $20,000 CrediBULL Crypto mentioned in an…

XRP To $20 And Ethereum To $20,000: Crypto Analyst Reveals When This Will Happen Read More »

Dogecoin Deflates: What’s Behind The 20% Price Drop Amidst Memecoin Mania?

Cryptocurrency Market News

Dogecoin (DOGE), the Shiba Inu-themed memecoin, finds itself in a curious situation. While the number of holders and overall interest in DOGE surges, its price has experienced a significant drop in the past week. This inconsistency reflects the broader volatility of the memecoin market, currently experiencing an influx of novice traders. IntoTheBlock, a blockchain analytics…

Dogecoin Deflates: What’s Behind The 20% Price Drop Amidst Memecoin Mania? Read More »

Bitcoin Bulls Roar: Analysts Predict Surge To $82,000 Amid Bullish Pennant Formation

Bitcoin News

Renowned crypto analyst Jelle has caught the attention of the Bitcoin (BTC) community with his bold prediction of a target price of $82,000. Notably, despite recent challenges in breaking above the $66,000 mark, Bitcoin currently hovers around $67,780, showing resilience in the face of a short-term pullback. BTC To $82,000 Soon? In an X post…

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Bitcoin NFT Market Thrives, Franklin Templeton Remains Bullish, Binance Ends Support

Bitcoin News

Franklin Templeton’s digital assets division has released a note to its investors introducing Bitcoin-based non-fungible tokens (NFTs), highlighting a surge in activity within the Bitcoin ecosystem.  The asset manager attributes this increased momentum to various factors, including the emergence of Bitcoin (BTC) NFTs called Ordinals, the development of new fungible standards like BRC-20 and Runes,…

Bitcoin NFT Market Thrives, Franklin Templeton Remains Bullish, Binance Ends Support Read More »

Crypto Analyst Says Bitcoin Hitting $100,000 In 2024 Is Inevitable, Here’s Why

Bitcoin

current bearish sentiments around the flagship crypto. He made this statement while providing an in-depth analysis of Bitcoin’s current price action.  Bitcoin To $100,000 Is “Inevitable” PlanB stated in a video on his YouTube channel that he believes Bitcoin hitting $100,000 this year is “inevitable.” Interestingly, he suggested that $100,000 is likely just the starting…

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