Tag: High

Moo Deng spikes as FOMO pushes holders to a record high

Moo Deng, the recently launched Solana Pump.fun token, continued rising on Saturday, reaching an all-time high as the fear of missing out set in. Moo Deng (MOODENG), a hippo-themed token, jumped to a record high of $0.3495, bringing the weekly gains to over 700%. Its market cap has soared to over $300 million, making it the biggest token in the Pump.fun ecosystem. Moo Deng price chart | Source: TradingView Moo Deng holders are rising The rally triggered FOMO, or ‘fear of missing out,’ among traders, as evidenced by the rising…

Bitcoin poised for surge, analysts expect new all-time high

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Bitcoin price has done modestly well this week as it soared to $66,000, rising to its highest level since July 31. Bitcoin moves into bull market Bitcoin (BTC) recovery coincided with the surge of the most risky assets like altcoins and equities. The Dow Jones and the S&P 500 index have jumped to a record high, while the Nasdaq 100 is a few points below its all-time high. In a post on X.com, crypto analyst Miles Deutscher estimated that Bitcoin may continue rising in the near term, reaching a high…

Ethereum Price Eyes Bitcoin’s Lead: Can It Climb to a New Weekly High?

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Ethereum price is eyeing a fresh increase like Bitcoin. ETH must surpass $2,665 to continue higher and trade to a new high in the near term. Ethereum is aiming for a fresh increase above the $2,665 level. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,600 support to start a fresh increase in the near term.…

Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets

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A Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement would be the result of the macroeconomic variables taking control of the markets and should continue in the near term. Not Uncorrelated: Stocks and Cryptocurrency […] Source

Unreliability, High Prices, and Security Breaches: Can DePIN Fix Telecom?

Despite all the challenges, I believe DePIN is the killer use case for enterprises adopting blockchain, and it has the potential to become the next trillion-dollar industry. After the mass adoption of DePIN, distributed ledger technology will have a transformative effect on the telecommunications sector, similar to the launch of the internet. In the end, it will lead to efficient infrastructure deployment and maintenance with automatic settlements and billing among all parties, fostering decentralization, independence, and seamless collaboration between multiple stakeholders. Source

Odds of Bitcoin price soaring to a new all-time high are rising: Polymarket

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Bitcoin has a high chance of soaring to a new high this year, according to a recently launched Polymarket poll. Polymarket users see BTC hitting a new record high Sixty-three percent of participants in the the poll believe that Bitcoin (BTC) will continue its uptrend and reach a new record high. The odds of this happening have risen from this month’s low of 42%. With Bitcoin trading at $63,840, it needs to rise by 15.6% to retest its all-time high of $68,777. This is possible as it has entered a…

SUI Price Sits 40% Below All-Time High As TVL Approaches $1 Billion

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Este artículo también está disponible en español. SUI has recently emerged as one of the top-performing altcoins, posting an impressive 120% surge since early September.  This rapid price increase has captured the attention of both investors and analysts, as data from DefiLlama reveals that SUI’s Total Value Locked (TVL) is approaching the $1 billion mark. The rising TVL has fueled speculation that SUI could be on the brink of reaching a new all-time high, with many pointing to its growing ecosystem and increasing adoption as key factors driving its momentum.…