Crypto prices are back to bullish ways on Dec. 28 after a brief pullback. Ethereum is in focus after rising 6.7%, peaking at $2,440, the highest level since May 2022. Meanwhile, Ethereum-based tokens are also surging, with newly launched Bitcoin Minetrix trending higher in its presale. Ethereum set for strong gains CEO and founder MN Trading, Michael van de Poppe,recently said ETH will post strong gains in Q1 2024 as Bitcoin dominance has seemingly peaked. At the time, Ethereum was trading at $2,310, and after a brief pullback, it rose…
Tag: Altcoin
Bitcoin's Share in Crypto Futures Trading Slides as Altcoin Profits Allure Traders
Bitcoin’s dominance by futures open interest has declined to 38% from nearly 50% two months ago. Original
Solana Decentralized Exchange Altcoin Skyrockets More Than 95% This Week Amid Roaring Network Growth
The native token for a decentralized exchange (DEX) built on Solana (SOL) has skyrocketed by more than 95% this week amid roaring network growth. Raydium (RAY) is an on-chain order book automated market maker (AMM). The project’s native token, RAY, is trading at $1.72 at time of writing, up from around $0.88 one week ago. The 144th-ranked crypto asset by market cap is also up nearly 16% in the past 24 hours and more than 1,140% since the start of 2023. RAY’s recent gains have materialized as the Raydium protocol…
Solana breaks $90, flips BNB as new altcoin posts gains
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As altcoins rally, Solana (SOL) is proving to be a tough Ethereum (ETH) competitor after flipping BNB to fourth. Solana flips BNB, next Ethereum? SOL has seen a strong month, bouncing off $54.17 on Nov. 28 to reach $99.12 by Dec. 22. Currently at $91.6, its $38.9 billion market cap places the token at fifth, just below BNB. SOL flipped BNB on Dec. 22 – with SOL reaching $41.9…
Crypto Analyst Says This AI Altcoin Will Hit A Fresh ATH
The anonymous crypto analyst Rekt Capital’s observations point to a promising future for the artificial intelligence (AI) cryptocurrency project, with a focus on Fetch.ai (FET). Along with with a sizable 377,500 followers on the social media network X, the analyst offers a bullish prediction, stating that Fetch.ai is about to reach a new all-time high (ATH). Rekt Capital’s investigation shows that the machine learning platform is presently experiencing a notable upswing following a successful retesting of a critical price level. Technical Analysis Illuminates Fetch.ai Momentum The spotlight placed on Fetch.ai’s…
SEI Token Rocks Altcoin Market With 50% Surge: What’s Driving The Momentum?
Turning the tide in the altcoin race, Sei Network’s SEI token has experienced an extraordinary 50% surge in the last 24 hours, outperforming the top 100 cryptocurrencies. This surge has pushed the token’s current trading price to $0.3638. Attracting Global Attention? According to CoinGecko data, Sei Network’s blockchain, explicitly built for trading, has optimized every layer of its stack to provide infrastructure for trading apps of all types. Sei claims to outperform other Layer 1 blockchain, such as Solana and Aptos, by offering a native order-matching engine in Layer 1.…
Bitcoin (BTC) Nears $43,000 as Meme Coin Dreams on Solana, Avalanche Lead Altcoin Gains
“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’s 90% price increase in 24 hours caps altcoin surge
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)…
AI altcoin wins investors’ hearts as SEC’s Bitcoin ETF talks are in final stages
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 Says Cardano Will Rise To $32 As Most Valuable Altcoin In The Bull Run, Here’s Why
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…