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Is Optimism About to Crash? OP Price Plunges 10% as Spotlight Swivels to New Challenger Coin
3 days ago
Bitcoinworld
Bitcoinworld
followers

TLDR Celestia continues its price discovery journey, recently creating a new ATH. Jupiter prepares for a bounceback, gathering steam. NuggetRush is a new and promising ICO poised to skyrocket after launch.   The Jupiter (JUP) airdrop—the biggest in 2024 so far—continues to create a buzz within the crypto landscape. The launch of the Solana-based DEX, Jupiter Exchange, was met with excitement as it entered the spotlight. At the same time, Celestia (TIA) has been the talk of the crypto community following its new all-time high (ATH). In the ICO world, NuggetRush (NUGX) has emerged as an investor favorite, preparing to skyrocket after its launch. >> Buy NuggetRush Now <<   NuggetRush (NUGX): Basking in The Spotlight NuggetRush (NUGX) has been the talk of the crypto community, especially with its launch nearing. As one of the most promising new ICOs, its debut is one of the most anticipated, hailed as the best new crypto to invest in for several reasons. In the fifth round of the ICO, a token is competitively priced at $0.018—a low entry point. Meanwhile, analysts tip it for a 75x upswing, which explains why investors are swarming the ongoing presale. Besides its staggering growth potential—one of its biggest appeals, no doubt—it further stands out thanks to its novelty. It is positioned at the intersection of memes, play-to-earn (P2E), and GameFi. This fascinating convergence makes it a bullish narrative, with its appeal cutting across the crypto landscape. As a P2E memecoin, it will combine memetic features like intense volatility and a vibrant community, as well as real-world applications. In addition to being the in-game currency, it will also have a governance feature, giving holders a say in the game’s and ecosystem’s future. >> Buy NuggetRush Now <<     Celestia (TIA): Price Discovery Continues  Celestia (TIA) is a new crypto and one of the best coins to invest in. It is swiftly becoming an investor favorite thanks to its massive room for growth. Still on its price discovery journey, it recently created a new ATH, leaving token holders wide-eyed with excitement. With further room for growth, there is more to look forward to in 2024—a potential bull market. To avoid FOMO (fear of missing out), now might be a great time to double down on Celestia to ride its massive bullish wave. Besides its staggering upside potential, another aspect of its appeal is the critical role it plays in the crypto space. As the first modular blockchain network, Celestia allows users to deploy blockchains with minimal overhead. This will contribute to demand, further bolstering its case as a good crypto to buy.   Jupiter (JUP): Preparing For a Bounceback Jupiter (JUP) burst into the crypto scene following a successful token airdrop—the biggest so far in 2024. Its emergence adds to the competition in the DeFi (decentralized finance) world, as it will play a key role within the niche. As one of the industry’s most advanced swap aggregation engines, it will deliver essential liquidity infrastructure for the Solana ecosystem. Basking in the spotlight, it is preparing for a bounceback following the dip that ensued after its massive airdrop. With profit-taking decreasing and new investors entering the market, Jupiter’s rally will be any moment from now, making it one of the best cryptos to buy now. Given its massive room for growth—a new crypto with a low market cap—Jupiter is a bullish wave not to miss out on. Simply grab a bag to ride this wave and position yourself for significant gains.   Conclusion The trending altcoins currently enjoying the spotlight are Jupiter, Celestia, and NuggetRush. Buzzing with potential, these cryptocurrencies are offered on top exchanges besides NuggetRush. If you wish to become an early NUGX holder or adopter, click the link below. Visit NuggetRush Presale Website The post Altcoins in Spotlight: Jupiter (JUP), Celestia (TIA), and NuggetRush (NUGX) appeared first on BitcoinWorld.

4 days ago
0xChairman
0xChairman
followers

💵💰These 8 Cryptos of 2023 & 2024 hit $8 Billion in Weekly Trading Volume Amidst Market Uptrend🚀✨ In the midst of the current crypto rally 🚀, a slew of newly introduced cryptocurrencies from 2023 and 2024 is stealing the spotlight, showcasing remarkable performances 💰according to data from Kaiko, a leading analytics platform. These newcomers are consistently amassing a staggering $8 billion in weekly spot volume since the beginning of the year, underscoring the robust growth and dynamic nature of the cryptocurrency landscape. One standout in this lineup is $TAO, currently valued at $600.24, experiencing an impressive 10% surge in the last 24 hours alone. With a trading volume of $27 million, $TAO has captivated many investors who see great potential in its future. Similarly, $DYM has proven its resilience, maintaining a price of $7.06 with a slight uptick of 0.96% in the last 24 hours, coupled with a substantial trading volume of $97 million. Despite a minor setback of 0.24%, $PYTH remains in the limelight with a price of $0.545186 and an impressive 24-hour trading volume of $96.4 million. $SUI is also on a steady growth trajectory, reaching a cost of $1.68 and boasting a trading volume of $445.9 million, indicating a growing interest among investors. $APTOS , valued at $9.30, is on the rise with a 24-hour volume of $156 million, reflecting positive sentiment among investors. On the flip side, $JUP and $SEI have experienced marginal declines, priced at $0.002954 and $0.849751 respectively. While Sei boasts an impressive $394.3 million 24-volume, Jupiter seems to have been deserted, attracting just $74,174.02 in volume. In contrast, $TIA has soared, recording a value of $17.48 and a significant trading volume of $137.8 million in the past 24 hours. The cryptocurrency market is showcasing resilience and dynamism, with newer projects, in particular, reaping the benefits of the ongoing bullish trend. Expect a continued astronomical rise of these cryptos in 2024! #Write2Earn #TrendingTopic #DYM #PYTH #APT

3 days ago
看不懂的sol
看不懂的sol
followers

A few days ago, someone called SOL to go to 500 dollars, and now they are calling SOL to go to 20 dollars. I started playing at $13 and saw a peak of $260, a bottom of $10, and another climb to over $120. This process, although controversial, is also full of unlimited opportunities. My preference for SOL stems from my dissatisfaction with the complex development model of Ethereum. Just as repairing an old website is far less efficient than building a brand new one, SOL's chain technology, although it is still in the testing stage, its ability to rise repeatedly from the trough shows its extraordinary vitality. Avoid chasing coins that are already in the spotlight. I know that victory does not lie in the momentary peak, but in rising again from the trough. I have firm faith in SOL's future bull market performance.

3 days ago
Crypto
ETH
Shiba Inu(SHIB)

$9.02e-6

-0.13%

Market Cap
5.32b
 

-0.13%

Volume (24h)
72.21m
 

12.66%

Released on 01 Aug 2020
Hungry Cow 4786
Hungry Cow 4786
Coinpedia
Coinpedia
followers

The post Ethereum, Avalanche, and Solana Share the Spotlight in Crypto Investment Growth appeared first on Coinpedia Fintech News The cryptocurrency market has continued to attract more cash inflows from all over the world. According to a weekly report from CoinShares, cash inflows to crypto investment products reached $2.45 billion last week, thus bringing the year-to-date inflows to around $5.2 billion. While 99 percent was designated for Bitcoin (BTC), the rest was shared among Ethereum (ETH), Avalanche (AVAX), and Solana (SOL). Crypto Confidence on the Rise The confidence in the confirmed crypto bull market has significantly increased in the past few weeks. Moreover, Bitcoin price closed above $52,000 for the first time in more than two years. Additionally, Ethereum price has teased $3,000 for the first time since the beginning of the 2022/2023 crypto bear market. Most importantly, the total crypto market capitalization has crossed $2 trillion and sustained in the past few days. Cautionary Note A major increase in money has been entering into #cryptocurrency, which should be a surprise to no one. Notably, there has been a dramatic increase in the speculation of derivatives in #crypto as market caps have risen significantly the past 4 months. With pic.twitter.com/arM5nxCMlY — Santiment (@santimentfeed) February 19, 2024 According to on-chain data analysis provided by Santiment, the majority of crypto assets have registered heightened open interest (OI) in the past few weeks. Specifically, Bitcoin has crossed the $10 billion mark for the first time since July 2022. Similarly, the altcoin market led by Ethereum, Solana, and Chainlink (LINK) has experienced a significant uptick in Open Interest.  Based on average trading returns, many assets have seen understandably high profits since markets began booming all the way back in mid-October, 2023. Outside of a few lagging #altcoins, the vast majority of #crypto projects have generated profits for the average (Cont) pic.twitter.com/ziKhzmcz1v — Santiment (@santimentfeed) February 20, 2024 With the majority of the crypto assets having registered notable gains since last October’s breakout, Santiment highlighted that several indicators are pointing to an overbought situation. Based on the Market-Value-to-Realized-Value (MVRV) indicator, Santiment noted that the crypto market has entered a possible reversal zone after four months of a winning streak.  Nevertheless, the crypto market could easily continue on a bullish outlook amid heightened demand from institutional investors and retail traders.

5 days ago
Crypto Daily™
Crypto Daily™
followers

In the recent crypto market development, Glassnode, a renowned on-chain analytics firm, brought attention to its "Altseason Indicator", a tool designed to discern if a so-called "altcoin season" is in full swing.  Altseason Indicator gauges investor sentiment towards risk, focusing on capital netflows among major asset classes like Bitcoin, Ethereum, and stablecoins, as well as the altcoin market cap's momentum relative to its 30-day Simple Moving Average (SMA). After a period of dormancy, the Altseason Indicator, which first signaled a risk-on mode last October, reignited interest by suggesting the return of the altcoin season. Amid this shifting landscape, Chainlink (LINK) and Litecoin (LTC), both renowned altcoins, showed remarkable resilience and growth. Despite a challenging week that saw them close in the red, these digital assets bounced back impressively. LTC saw a 7% increase, but it's LINK that stole the spotlight with a staggering 34% surge. This upward trajectory in a market that's just warming up to the idea of an altcoin season again adds a layer of intrigue and potential. Meanwhile, the crypto community is closely watching ScapesMania (MANIA), a project that has recently concluded its presale stage. With its Token Generation Event (TGE) and coming DEX listing on the horizon, MANIA is poised to expand its reach to a broader spectrum of crypto investors in the market that's seemingly ripe for altcoin advancements. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Chainlink (LINK): Inside the Whale-Influenced Surge Chainlink (LINK), a prominent player in the blockchain oracle space, has been exhibiting intriguing market behavior recently. A key point of interest is the substantial 175% surge in large transaction volume, reaching an impressive total of $338.96 million. This spike is a clear indicator of heightened whale activity, as evidenced by the jump from 6.17 million LINK in large transactions on February 19 to a staggering 17.65 million LINK the following day. Adding to the intrigue, the last 24 hours have seen mysterious movements of millions of Chainlink (LINK) tokens by these large-scale investors. Whale Alert, a service tracking large crypto transactions, reported notable movements, including a transfer of 4,314,062 LINK worth $79,065,694 to an unknown wallet and 2,402,942 LINK, valued at $46,491,692, moving from BlockFi to another anonymous wallet. Chainlink (LINK) Technical Analysis From a technical perspective, Chainlink (LINK) is currently trading between its first support level at $17.97 and its first resistance level at $19.26. This positioning is critical as it hovers near the Exponential Moving Averages (EMA) of 10, 50, and 200 days, all converging around $18.6 to $18.72, suggesting a consolidation phase. Source: TradingView The Relative Strength Index (RSI) stands at 32.14, pointing towards a potential undervaluation and possibly a buying opportunity. However, the Stochastic %K at 0 and the Commodity Channel Index (CCI) at -166.05 both indicate a short-term bearish sentiment. The Average Directional Index (ADX) at a low 20.32, combined with a nearly neutral MACD Level at -0.018 and a Momentum of -0.05, suggests a lack of strong directional trend in the immediate term. Chainlink (LINK) Price Prediction Considering these technical indicators, the bullish scenario for LINK would entail a break above $19.26, potentially catalyzed by continued whale activity and positive market sentiment. This move could target the next resistance levels at $19.92 and potentially extend towards $21.21. On the flip side, the bearish scenario would involve Chainlink (LINK) breaking below $17.97, influenced by negative market reactions or reduced whale activity. Such a move could see LINK testing further supports at $17.34 and then possibly at the significant level of $16.05. Litecoin (LTC): A Path of Resilience Litecoin (LTC), a pioneering altcoin known as the “silver to Bitcoin’s gold”, maintained its presence in the crypto space since its inception in 2011. Despite its legacy and the introduction of innovative features like MimbleWimble in 2022, LTC's market response has been relatively subdued. Recent times have seen a lackluster performance in Litecoin's (LTC) price action, leading to frustration among its holders. Litecoin Foundation managing director Alan Austin acknowledged this santiment, but emphasized their commitment to sound money principles over artificial market manipulation tactics. Despite Austin's call for collective efforts to boost Litecoin's (LTC) adoption and value, on-chain metrics present a mixed bag. While the number of transactions and network hash rate have hit all-time highs, there's been a noticeable decline in transfer volume and active addresses. This situation is further complicated by the historical context of Litecoin's founder, Charlie Lee, selling all his LTC at the peak of 2017's market, a move that some believe still impacts Litecoin’s (LTC) market relevance. Litecoin (LTC) Technical Analysis Technically, LTC is navigating a narrow range between its first support level at $68.12 and first resistance level at $73.78. Source: TradingView The 10-day EMA at $68.95, 50-day EMA at $69.77, and 200-day EMA at $69.53 are closely clustered around its current price, suggesting a lack of strong directional momentum. The RSI at 45.5, Stochastic %K at 43.09, and the CCI at -28.37 reinforce this narrative of indecision in the market. However, the ADX at 30.22 indicates a developing trend strength, albeit not very pronounced. The MACD at -0.45 and a negative Momentum value of -0.67 add to the complexity, implying that market sentiment is not decidedly bullish or bearish, but rather waiting for a more definitive signal. Litecoin (LTC) Price Prediction In a bullish scenario, if Litecoin (LTC) adoption increases and the community reacts positively to its steadfast adherence to the foundational principles, LTC can break above $73.78. A more notable shift in market sentiment can potentially lead to an upward trend toward the next resistance levels at $76.14 and $81.5. On the flipside, a break below $68.12 could see Litecoin (LTC) testing further supports at $65.42 and $60.06, possibly due to the ongoing concerns about its market relevance and the broader impact of market trends. Closing Words Chainlink (LINK) and Litecoin (LTC) have recently showcased their resilience in the unpredictable crypto market. LINK, with its staggering 34% surge, and LTC, experiencing a steady 7% rise, are navigating through a complex market environment highlighted by the Altseason Indicator's recent activity. Both Chainlink (LINK) and Litecoin (LTC) are positioned between key technical levels, reflecting a blend of investor uncertainty and potential for significant moves. As these altcoins respond to market dynamics and underlying technical indicators, investors and traders alike are keenly observing for signs of directional momentum in a market ripe with both opportunities and challenges. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

3 days ago
CoinEdition
CoinEdition
followers

David Schwartz clarifies why Ripple used trading bots for its XRP sales. He claimed it avoids direct involvement in the market, reducing compliance risk. The response has failed to appease the XRP Army as the debate persists. In a recent exchange on X, David Schwartz, Ripple’s Chief Technology Officer, explained the rationale behind the company’s utilization of trading bots from GSR for its XRP sales program. This revelation emerges amid heightened scrutiny sparked by documents from the Ripple vs. SEC lawsuit, which shed light on Ripple’s programmatic sales practices. In particular, the spotlight fell on an email exchange between market maker GSR and Ripple’s team. It revealed a decision to halt XRP sales through GSR’s trading bots to “let XRP breathe.”  Members of the XRP community highlighted that shortly after halting the bot sales, XRP surged significantly to its all-time high. This has fueled speculation that the preceding sales had suppressed the asset’s price. Amid the uproar from community members, Ripple’s CTO actively engaged, seeking to offer clarifications where feasible. One of the aspects he attempted to clarify concerned Ripple’s choice to employ GSR for the programmatic sales. Schwartz noted that he lacked privileged insight into the GSR email discourse. Despite this limitation, he speculated that Ripple’s choice to delegate sales to external entities was a strategic move to mitigate insider trading and price manipulation accusations.  By entrusting entities like GSR with sales, Schwartz believes Ripple aimed to ensure compliance and avoid direct involvement in the market, thereby reducing the risk of regulatory repercussions. I have no particular inside knowledge about that GSR email, but I'll tell you what I make of it and the other information surrounding it. I think Ripple employed companies to sell XRP for it rather than selling it themselves to provide a "Chinese wall" to protect against… — David "JoelKatz" Schwartz (@JoelKatz) February 20, 2024 Moreover, Schwartz underscored that the absence of specific allegations of price manipulation in the SEC charges against Ripple further corroborated the legitimacy of their sales practices.  Also, he emphasized the meticulous scrutiny by government agencies in cases of regulatory violations, indicating that any indications of malpractice would have likely been included in the charges brought against Ripple. However, the response from the Ripple CTO has failed to appease members of the XRP community. The debate persists, with further scrutiny of Ripple’s broader endeavors to bolster XRP’s price. The post Ripple CTO Defends GSR Trading Bots as Ripple’s XRP Sales Come Under Fire appeared first on Coin Edition.

3 days ago

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