“On the other hand, Tuesday’s peak is close to last Thursday’s, leaving Bitcoin inside the range. Average fees on the Bitcoin network topped $37, hitting a yearly high. The growth was fuelled by another wave of activity in the Ordinals segment, which increased demand for space in the blockchain, and thus increased BTC demand,” Kuptsikevich said. Source
Helium Mobile (MOBILE) is spearheading a dynamic shift in the crypto market towards smaller-cap altcoins, with its price surging by 90% in the last 24 hours to $0.0072. The altcoin’s surge is mirrored in its trading volume, which has escalated by 243%, reaching $19.8 million. MOBILE price chart | Source: CoinMarketCap The driving force behind Helium Mobile’s rapid price increase is attributed to the recent launch of its nationwide unlimited mobile services, priced competitively at $20 per month. This strategic move has led to the mobile virtual network operator (MVNO)…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. SEC’s decision on Bitcoin ETFs looms as InQubeta’s AI cryptocurrency gains traction in the market. The crypto sector has been on tenterhooks over the prospects of spotting Bitcoin exchange-traded funds. After multiple companies, including ARK Investments and BlackRock, showed interest in rolling out Bitcoin ETFs, the ball is now in the US Securities Exchange Commission’s (SEC) court. All eyes are on the SEC after ARK claimed that its talks…
Crypto expert Jason Appleton, better known as Crypto Crow in the crypto community, has provided an in-depth analysis of the Cardano (ADA) ecosystem. Based on his analysis, he predicts that the crypto token could hit unprecedented heights as he asserted his bullishness on ADA going into the bull market. Cardano Will Rise To $32 In a post shared on his X (formerly Twitter), Crypto Crow explained in an accompanying video why he believes ADA will rise to $32 in the bull market. According to him, this price level is attainable…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The frenzy surrounding the anticipated bull market peaked in late November as crypto fund inflows hit two-year highs. $346 million were recorded in net inflows, the largest since the last bull market in 2021. Amidst this, Bitcoin (BTC) and Ethereum (ETH) reached price levels last seen in 2022. Optimism around the approval of crypto spot ETF products can be linked to the current market upswing and surge in crypto…
Coinbase, the biggest crypto exchange in the US, is listing a new altcoin project built on its proprietary Ethereum (ETH) layer-2. In a new announcement made through the Coinbase Assets account on the social media platform X, Coinbase announces they are listing Seamless (SEAM). According to the Seamless website, the crypto project is the first “native, decentralized, non-custodial lending and borrowing protocol” built on the Coinbase-backed layer-2 scaling solution Base. Project incubator Coinbase says Base is designed to offer a safe, low-cost, developer-friendly way to build on-chain. The layer-2 network is…
Top global crypto exchange Binance is about to list a new gaming-related altcoin project, according to the company. In a new announcement, Binance says that it will add Fusionist (ACE) to its Launchpool platform, which allows users to stake coins in exchange for new ones. ACE is the native token of Endurance, a decentralized gaming and social blockchain, which Fusionist, a Web3 AAA game, will use as its mainnet. Staking of ACE is expected to start Wednesday, Binance says, and open trading of the altcoin could begin December 18th. When…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After a euphoric week, leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) ended Sunday in the red, and selling continued to this week’s open. Currently, Bitcoin is trading at $42.1K, down 4.07% today, while Ethereum is at $2.23K, down 4.87%. However, traders continue to rally behind Bitcoin ETF Token as its presale surges toward $3.5 million. Market overconfidence corrected, but analysts fear another flush Warning signs of a steep correction…
Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. BTC/USD 1-hour chart. Source: TradingView ETH, SOL step up as Bitcoin takes liquidity Data from Cointelegraph Markets Pro and TradingView showed ongoing BTC price consolidation as ETH/USD added up to 7.6% in around 24 hours. Bitcoin, having tapped new 19-month highs of $44,490 earlier in the week, now troubled market participants as both ETH and Solana (SOL) stole attention. $BTC Binance Spot Bids sold into and filled it seems Decent…
According to a Dec. 6 post on X from Kaiko, the altcoin market share volume reached 67% last week, with Bitcoin and Ethereum sitting at 28% and 11%, respectively. As suggested by a leading source of cryptocurrency market data, this indicates a shift in investor sentiment and a growing appetite for altcoins. Chart watch With notable momentum since October, cryptocurrency enthusiasts are eagerly watching the charts, speculating whether this surge marks the beginning of a full-fledged altcoin season, a market cycle in which the price of a significant number of…