Day: November 8, 2024

Cardano (ADA) Price Surges 32% In 4 Days: Here’s Why

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Este artículo también está disponible en español. Cardano (ADA) has experienced a significant surge over the past four days, with its price increasing by an impressive 32%. In the last 24 hours alone, ADA has climbed 16%, boosting its market capitalization to $14.932 billion. This surge has propelled Cardano back to its position as the ninth-largest cryptocurrency by market cap. Several factors have contributed to this bullish momentum: #1 Bulls Takes Over The Entire Crypto Market The optimistic market sentiment extends beyond Cardano, with the crypto market as a whole…

TRON DAO Unveils TRON-Peg USD Coin: A New Gateway to Borderless Transactions

PRESS RELEASE. Geneva, Switzerland, November 7, 2024 – TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facilitating seamless and efficient cross-chain transfers, TRON-Peg USD Coin expands the possibilities for users to leverage USDC across the […] Source CryptoX Portal

Coinbase Launches Wrapped Bitcoin Token on Top of Solana

Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC.” Coinbase partnered with […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Analysts Say It’s Behaving ‘As Predicted’

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Este artículo también está disponible en español. Crypto analysts said that Bitcoin remains on course for a massive price hike after Donald Trump reclaimed the US presidency through a historic win against US Vice President Kamala Harris. Related Reading Bitcoin’s price trajectory has been the subject of many speculations in the last few weeks but with the election of a known pro-crypto candidate, it seems BTC is moving in the upward direction. At the time of writing, BItcoin was trading at $76,033, up 1.7% and 9.5% in the daily and…

Crypto.com Unveils ‘Level up’ Rewards Program, Integrates New Service Suite

Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8% in uncapped rewards on card spending. With this move, including these new and improved […] Source CryptoX Portal

Dogecoin Descending Triangle Could Hint At Next Destination For DOGE

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An analyst has pointed out how this price level could end up being the next destination of Dogecoin based on a Descending Triangle pattern. Dogecoin Is Moving Inside A Descending Triangle Right Now In a new post on X, analyst Ali Martinez has talked about a pattern that has recently been forming in the price of Dogecoin. The pattern in question is the “Descending Triangle” from technical analysis (TA), which, as its name suggests, looks like a triangle slopped downwards. The pattern involves two lines between which the price of…

Ethereum Jumps 10% As DeFi Sentiment Rebounds With Trump’s Victory

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Este artículo también está disponible en español. Ethereum (ETH) has jumped almost 20% over the past two days as the broader decentralized finance (DeFi) sector rallied following Donald Trump’s presidential victory. Ethereum Begins To Regain Momentum The second-largest cryptocurrency by reported market cap has lagged behind Bitcoin (BTC) and other smart contract platform tokens like Solana (SOL) for much of the year. Related Reading However, following Trump’s win as Republican US presidential candidate, ETH has witnessed a rise of over 10% since yesterday. The token’s rise has brought attention to…

Bitcoin Sentiment Enters Danger Zone: Investors Now Extremely Greedy

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Data shows the Bitcoin investor sentiment has entered extreme greed territory following the asset’s surge to a new all-time high (ATH). Bitcoin Fear & Greed Index Is Now Pointing At ‘Extreme Greed’ The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment among the traders in the Bitcoin and the wider cryptocurrency sectors. This index represents the sentiment as a score between zero and hundred. To calculate the score, the metric uses data from the following five factors: volatility, trading volume, market…