Bitcoin continues to be uncertain at the $38,000 level and has slipped below it in the past few hours. Most altcoins are also slightly in the red today, with ETH close to breaking below $2,000 and SOL dipping beneath $60. BTC Under $38K Last Friday saw bitcoin’s surge that drove the asset to an 18-month peak at $38,500. However, the cryptocurrency failed to maintain its momentum and dropped to under $38,000 almost immediately. The weekend saw very few noteworthy movements, with BTC standing in a range between $37,000 and $37,500. Monday and Tuesday, though, brought more pain for the bulls as the asset fell to a multi-day low of $36,700. Nevertheless, they managed to regain control over the market and pushed BTC north on Wednesday. This culminated in a price surge to $38,400, but bitcoin couldn’t keep heading north and chart a new year and a half peak. Just the opposite, the asset has lost some traction since then and now trades under $38,000. Its market capitalization has retraced to under $740 billion, while its dominance over the altcoins remains strong at 52%. BTCUSD. Source: TradingView IOTA Defies Market Sentiment Most larger-cap alts registered impressive price gains yesterday, but the landscape today has changed. Ethereum is down by 2% and is close to breaking below $2,000 after nearing $2,100 yesterday. Binance Coin, Ripple, Tron, Toncoin, Avalanche, and MATIC have declined by similar percentages. Solana, Cardano, and Polkadot are down by more than 3%. This means that SOL is currently under $60, ADA is way below $0.4, and DOT is just inches above $5. Dogecoin is the only top 10 alt in the green. LEO, RUNE, UNJ, and MNT are with gains from the mid-cap alts. IOTA, though, has emerged as the top performer from the top 100 digital assets, having soared by over 30% in a day. The total crypto market cap has lost some steam and sits at $1.420 trillion on CMC. Cryptocurrency Market Overview. Source: Quantify Crypto The post Bitcoin Dips Below $38K, IOTA Explodes 33% Daily (Market Watch) appeared first on CryptoPotato.

Chainlink (LINK) has been on an impressive upward trend lately, boosted by increased activity on its network and a general recovery in the cryptocurrency market after a period of slow growth. Reaching over $16, LINK hit its highest value since April 2022. Although it experienced a slight dip in the following weeks, the sustained interest from cryptocurrency whales is keeping the excitement alive and contributing to the interesting journey of LINK. Chainlink’s Whales Making Waves: Positive Signs for LINK Price Renowned analyst Ali Martinez highlighted on November 29 that Chainlink (LINK) is gaining significant attention from crypto whales. Notably, the altcoin experienced its “largest spike in whale transactions for the year,” with over 2,600 transactions exceeding $100,000 each, as reported by Martinez on X. In the crypto world, increased whale interest is often seen as a positive indicator for an asset’s price, signaling strong confidence in its potential. The involvement of whales implies strategic positioning based on positive market outlooks or fundamental developments, making it a key signal for other investors. Moreover, the entry of whales into the market can enhance liquidity and boost overall market activity, influencing the sentiment and trajectory of the cryptocurrency. Over the past six months, instances of sharp spikes in whale transactions have consistently preceded rallies in Chainlink’s price, notably in July, October, and earlier in the current month. While the number of whale transactions exceeding $100,000 was relatively low compared to November 28, historical patterns suggest that such occurrences often precede a surge in LINK price within a 2-3 day timeframe. This ongoing trend points to positive signs for the future performance of Chainlink. Chainlink’s Remarkable Surge: Current Stats and Potential Breakout At the time of reporting, Chainlink (LINK) was priced at $14.74, reflecting a 3.31% increase in the last 24 hours. Over the week, the altcoin gained 4.3%, and in the past month, it saw an impressive surge of more than 33.8%, contributing nearly $2 billion to its market cap during this period. In the year-to-date performance, Chainlink has outpaced Bitcoin, soaring over 165% compared to Bitcoin’s 130% surge. According to the recent analysis by Martinez, there are indications that LINK might be on the brink of a breakout from a bull flag pattern. Specifically, the cryptocurrency was expected to revisit the breakout zone around $14 before potentially making a move towards the $20 mark. The current stats and potential breakout suggest a promising trajectory for Chainlink’s ongoing surge. DISCLAIMER: This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

Impressive Surge: SEI has surged by an impressive 35% within the last day, achieving an unprecedented high of $0.2988.Performance Drivers: The remarkable uptick in SEI's value is attributed to significant trading volume, increased social activity surrounding the asset, and a prevailing positive sentiment in the market.Positive Bitcoin Correlation: SEI demonstrates a positive correlation with Bitcoin, indicating a potential for continued upward movement.Price Projection: Analysts anticipate SEI to revisit the $0.26 mark, marking a potential retest, before potentially extending its rally towards $0.3633. The current crypto market sentiment remains bullish, especially after Bitcoin surged past the $38,000 mark, signaling potential for exploration towards $40,000 or beyond pending a breakout and subsequent close. Among the various cryptocurrencies, one asset stands out with unparalleled bullish momentum: SEI. SEI, positioned as the 75th largest cryptocurrency by market cap, has emerged as the standout performer in the market, particularly over the last 24 hours. Analyzing SEI's Remarkable Performance SEI's price trajectory across daily, weekly, and monthly intervals has been nothing short of parabolic. Data from CoinMarketCap illustrates a staggering surge of approximately 35% within a day, propelling SEI to an all-time high of approximately $0.2988. This surge reflects a weekly gain of over 60% and a monthly increase of around 150%, driving SEI's market cap to approximately $645 million and solidifying its position in the crypto rankings. Factors Fueling SEI's Success SEI attributes its stellar performance to several contributing factors, including consistently high trading volume, robust social activity, and a prevailing positive market sentiment. Notably, a strategic investment from Circle, the issuer of USDC, has significantly bolstered SEI's prospects. Circle's recent investment announcement highlighted SEI as part of its African expansion plans, leveraging SEI's established presence in the region. SEI's trading volume surge in the past day, surpassing its market cap to approximately $796 million, indicates robust liquidity within the SEI network catalyzed by its price surge. SEI's Future Trajectory Throughout November, SEI has demonstrated a bullish trend, as depicted in its 4-hour chart. Starting from lows around $0.1, the cryptocurrency has more than doubled in value, presently trading around $0.27. The current price movement suggests a potential resistance zone near the recent $0.2988 all-time high, leading to a slight decline to approximately $0.2715. However, SEI's likely course of action involves retesting the $0.26 high from November 25 to establish a higher low. Maintaining support above this level could signal a continuation of SEI's upward rally, possibly targeting the $0.3633 zone as indicated by the Fibonacci retracement tool. While SEI's correlation with Bitcoin remains positive, indicating further upward potential, its short-term trajectory involves potential retests and higher lows before resuming its ascent. As with any investment-related content, Voice of Crypto aims for accuracy while advising independent research and decision-making due to the inherent volatility of cryptocurrencies. #SEI #SeiNetwork #sei #cryptocurrency #crypto2023 $SEI

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Home Business Cryptocurrency Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency price on November 30 quick take: The global market cap stood at $1.43 trillion.Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Bitcoin price stood at $38,061.35 on Thursday. ( Image Source : fabrikasimf/Freepik )NEXTPREVBitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Ethereum (ETH) Price TodayETH price stood at $2,041.37, marking a 24-hour dip of 0.49 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.78 lakh.Dogecoin (DOGE) Price TodayDOGE registered a 24-hour gain of 1.39 percent, as per CoinMarketCap data, currently priced at $0.08177. As per WazirX, Dogecoin price in India stood at Rs 7.10.Litecoin (LTC) Price TodayLitecoin saw a 24-hour jump of 0.38 percent. At the time of writing, it was trading at $70. LTC price in India stood at Rs 6,125.20.Ripple (XRP) Price TodayXRP price stood at $0.6091, seeing a 24-hour dip of 0.52 percent. As per WazirX, Ripple price stood at Rs 52.80.Solana (SOL) Price TodaySolana price stood at $60.67, marking a 24-hour jump of 3.41 percent. As per WazirX, SOL price in India stood at Rs 5,249. Top Crypto Gainers Today (November 30)As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:IOTA (IOTA)Price: $0.248624-hour gain: 42.94 percentInjective (INJ)Price: $17.7924-hour gain: 7.58 percentTHORChain (RUNE)Price: $6.4524-hour gain: 6.03 percentKuCoin Token (KCS) Price: $8.2224-hour gain: 4.27 percentTerra Classic (LUNC)Price: $0.000122824-hour gain: 4.19 percentTop Crypto Losers Today (November 30)As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:Sei (SEI) Price: $0.24624-hour loss: 12.79 percentUniswap (UNI)Price: $5.9924-hour loss: 5.45 percentKlaytn (KLAY)Price: $0.190624-hour loss: 5.12 percentBlur (BLUR)Price: $0.509924-hour loss: 4.80 percentAxie Infinity (AXS)Price: $6.4224-hour loss: 3.96 percentWhat Crypto Exchanges Are Saying About Current Market ScenarioMudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin's trading activity has centred around the $37,800 level in the last 24 hours, aligning with Swiss asset manager Pando Asset's application to enter the Bitcoin Spot ETF competition in the US as the 13th participant. The addition of another established global player enhances the prospects of a favourable decision on the spot ETF. To maintain its positive momentum, Bitcoin will need to breach the resistance at the $38,100 level or risk finding support around the $37,700 level. Meanwhile, Ethereum remains above the $2,000 level.”Rajagopal Menon, Vice President, WazirX, said, “Bitcoin stands resilient amidst market fluctuations and currently holds a market cap of $740.47 billion, with a dominance of 49.7 percent. Notably, Bitcoin's current price is approximately $37,800, showcasing its sustained strength and growing adoption as a reliable store of value. Altcoins demonstrate diverse movements, underscoring the need for vigilance in this dynamic crypto landscape."Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The current Bitcoin (BTC/USD) technical outlook on a 4-hour chart indicates key levels to monitor. The pivot point at $37,161 establishes a baseline, while immediate resistance is observed at $38,684. Further resistance lies at $39,933 and $41,395, serving as potential targets for bullish momentum. Solid support is evident at $35,912, with additional cushions at $34,419 and $33,140. The Relative Strength Index (RSI) at 60 suggests a tempered bullish sentiment, and the Moving Average Convergence Divergence (MACD) at 93.89 hints at a cooling bullish trend. Bitcoin's price above the 50-Day Exponential Moving Average (EMA) of $37,333 supports a short-term bullish narrative, with an ascending triangle pattern suggesting potential upward movement upon breaching the $38,000 resistance. In summary, the trend remains bullish above $37,333, with the short-term forecast eyeing a test of $38,684 resistance. Market dynamics and sentiment will likely influence the narrative in the coming days.”Shivam Thakral, CEO of BuyUcoin, said, “The crypto market remained flat over the past 24 hours with BTC and ETH trading at $37,889.93 and $2,036.21 respectively. The possibility of a rate cut by the Fed will keep the market sentiment positive as any rate cut may spark economic activity and cheer the global financial markets in the long term. As we approach the end of this year, 2024 looks promising with sustained growth for the digital asset market.” CoinDCX Research Team noted, "BTC retraced from the $38,000 resistance level following the Wall Street open on November 29, influenced by better-than-expected U.S. gross domestic product (GDP) figures. Despite the prior push above $38,000, BTC fluctuated around that level and eventually dropped after the release of U.S. macro data. Currently, BTC is hovering near that resistance level."

#BinanceTournament Binance, one of the world’s largest cryptocurrency #exchanges , has made a significant move by announcing the cessation of support for the Binance USD ( $BUSD ) stablecoin. This decision, effective from December 15, 2023, follows the regulatory pressures faced by Paxos, the issuer of #BUSD .The decision is a direct consequence of the regulatory actions in February, where the U.S. Securities and Exchange Commission (SEC) flagged BUSD as a potential unregistered security. The New York Department of Financial Services (NYDFS) ordered Paxos to stop issuing BUSD. This regulatory scrutiny has led Binance to phase out support for its native stablecoin.Impact on Users and BUSD MarketUsers of binance will need to withdraw or convert their BUSD into other assets before December 15. Post-December 31, the #exchange will disable withdrawals, and existing BUSD balances will automatically convert into First Digital USD ( $FDUSD ) for specific users. This move is part of Binance’s broader strategy to comply with regulatory norms and shift its focus to other stablecoins.Before the regulatory issues, BUSD was among the largest stablecoins by market capitalization, peaking at over $23.3 billion in November 2022. However, it has since experienced a sharp decline, with its market cap currently standing at approximately $1.7 billion, a drop of over 92% in 12 months.New CEO and Compliance FocusRichard Teng has taken the helm following a $4.3 billion settlement with U.S. authorities and the resignation of former CEO Changpeng Zhao. This leadership change underscores Binance’s commitment to compliance and adapting to the evolving regulatory landscape.Binance had already initiated the process of reducing its reliance on BUSD, halting borrowing and lending services for the stablecoin in October. The recent announcement marks a significant step in this direction, aligning with the regulatory expectations.What This Means for the Crypto MarketThis development highlights the growing regulatory scrutiny of stablecoins and their challenges. It also indicates a shift in the market dynamics, with other stablecoins potentially filling the gap left by BUSD. Following the FTX lawsuit, the U.S. regulators have been stringent on rules and policies, giving crypto firms a hard time. However, the crypto community hopes that the cloud will clear soon in the market with more regular clarity from the officials.Binance’s decision to cease support for BUSD marks a turning point for the exchange. As it navigates the regulatory waters, Binance will likely focus more on compliance and adapting its services to meet global legal frameworks. #WhaleAlert

Shiba Inu: How Much Money Can You Earn if SHIB Reclaims Its ATH? Shiba Inu’s value has faced challenges recently, but the growing adoption of the Shibarium network and improved market sentiment might propel the meme coin’s price. SHIB’s remarkable price surge of 1000% back in October 2021 had given hope to SHIB holders. This was when the asset reached its all-time high of $0.00008616. It has now been 23 months since that milestone, and SHIB has encountered ongoing difficulties in reattaining that position. However, the bets on the asset continue to grow. This article will explore the potential earnings from a $1,000 investment today, should Shiba Inu achieve its previous all-time high. It should be noted that SHIB is currently trading at $0.000007343, with a daily drop of 0.34%. The asset’s market cap is currently $4.33 billion. From $0.00000734 To $0.00008616: How much can a $1000 investment in Shiba Inu rake in? To attain this milestone, the initial requirement is to shed one decimal place. Presently, the asset aims to trim its fifth decimal digit. Nevertheless, accomplishing this task is challenging due to the rather subdued state of its ecosystem. Even with the introduction of Shibarium, there was minimal impact on the asset’s performance. Given its current price, SHIB would need to surge by 1071% to reach its all-time high. Investing $1,000 at the current price of $0.00000734 per SHIB could result in investors acquiring 136 million tokens. Should Shiba Inu surpass its all-time high in the future, the $1,000 investment made today could potentially grow to $11,747. While this isn’t a life-changing amount, it should be noted that SHIB is no longer in its ‘Halycon Days.’ Whether Shiba Inu can reach its previous peak hinges on a range of factors, such as the broader performance of the cryptocurrency market, investor enthusiasm, and the achievements of SHIB-related initiatives or projects. Therefore, it is crucial to undertake comprehensive research and assess the inherent risks of cryptocurrency investments. #SHIBFuture #BinanceTournament