Category: News

Ethereum’s Ether (ETH), Uniswap (UNI), Chainlink Surge as Bitcoin (BTC) Price Nears $100K

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Bitcoin topped $98,000 heading into the U.S. morning, extending its breakout from an eight-month consolidation since crypto-friendly Donald Trump won the U.S. presidency. The largest crypto has advanced 4.5% over the past 24 hours, leaving the broad-market CoinDesk 20 Index behind. Some altcoins are quickly catching up to BTC’s gain, with ether (ETH), Chainlink (LINK) and Uniswap (UNI) surging 5% in the past hour. The $100,000-per-BTC mark is just a stone’s throw away and BTC futures on Deribit maturing next year are already trading above the threshold. Still, the round-number…

SUI Price Crashes 10% Amid Blockchain Outage

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Este artรญculo tambiรฉn estรก disponible en espaรฑol. The Sui network has ceased block production for over two hours, leading to a sharp decline in the tokenโ€™s price. Data from suivision and suiscan indicate that block generation stopped at 09:15 UTC today, and the network has yet to resume normal operations. This marks the first major outage for the project, a blockchain praised as โ€œSolana killer.โ€ SUI Price Crashes Following Network Outage Members of the community have suggested that issues with validators might be the cause of the disruption. Validators, critical…

Solana Memecoin Rug-Pulled By Gen Z Kid Hits $80M Market Cap

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Este artรญculo tambiรฉn estรก disponible en espaรฑol. A young crypto trader attempted to rug-pull a Solana-based memecoin on a live stream, but the crypto community joined to โ€œteach him a lessonโ€ by sending the token to an $80 million market cap. Related Reading Solana-Based Memecoin Rug Pulled By 12-Year-Old As the market enters the rallyโ€™s second leg, Solana memecoins remain the cycleโ€™s top narrative, and many traders continue to try to find and profit from the next big thing. However, scammers continue to attempt to take advantage of the memecoin…

Bitcoin mirrors 2020 bull phase, CryptoQuant CEO says

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CryptoQuant CEO Ki Young Ju says Bitcoinโ€™s current rally appears to be supported by months of accumulation by whales. Bitcoinโ€™s (BTC) ongoing rally toward the $100,000 mark mirrors the price surge seen in 2020, when the cryptocurrencyโ€™s value surged sixfold to reach $67,000, CryptoQuant CEO Ki Young Ju said in a recent X thread. #Bitcoin bull market is starting, with data resembling 2020. Thread ๐Ÿงต pic.twitter.com/7BMKxhdYQX — Ki Young Ju (@ki_young_ju) November 21, 2024 Ju emphasized that previous on-chain data signaling Bitcoin accumulation by whales over several months has proven…

BCH tops gainers after 20% rally, analysts expect more upside

BCH jumped over 20% on Nov. 20, leading the top 100 cryptos, as analysts point to bullish chart patterns hinting at more gains. Bitcoin Cashโ€™s (BCH) rally has extended its fortnightly gains to over 41%, with the altcoin trading at a 7-month high of $529 at the time of writing. The crypto assetโ€™s price rally was accompanied by a surge in daily trading volume, which had doubled from the previous day and was hovering around $1.48 billion. Despite the recent price rise, the token remains down 86% from its all-time…

Analyst Reveals Bullish Price Targets Ahead

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Este artรญculo tambiรฉn estรก disponible en espaรฑol. Bitcoin (BTC) achieved a new record high of $94,730, continuing a significant uptrend that began on November 5. Analysts are dubbing this rally the โ€œTrump trade,โ€ as the recent political developments surrounding Donald Trumpโ€™s victory have instilled renewed confidence among investors in BTC and the broader crypto market. Analyst Forecasts 42% Increase For BTC Despite the impressive surge, analysts believe Bitcoinโ€™s price discovery is far from complete, indicating substantial potential for further growth.ย  Among those sharing this bullish sentiment is analyst Ali Martinez,…