Tag: High

Celestia’s Native Token TIA Crosses $20, Reaches New All-Time High

Besides being in the top 40 tokens in terms of market cap, TIA is also listed on CoinGecko’s trending tokens list. 2024 has started off on a positive note for the crypto market. Besides the Bitcoin ETF and the air of excitement that it has created, several altcoins are seeing positive price movement. Along with more optimism from investors, many of these projects offer new and exciting uses for crypto and blockchain. One example of this is TIA, the native token of Celestia. TIA has just crossed the $20 mark, which…

Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says

Following the May 2022 collapse of Kwon’s multi-billion dollar crypto enterprise Terraform Labs, authorities in his native country, South Korea, and the U.S. have brought criminal charges against him, including for fraud. The disgraced entrepreneur and an associate were arrested in Montenegro last year for possession of falsified official documents and were sentenced to four months in prison. Source

Buy Low, Sell High? Bitcoin Wobbles As ETF Fever Cool Downs

In a week etched in crypto history, the long-awaited arrival of Bitcoin ETFs in the US sent shockwaves through the market. Yet, despite the monumental achievement, the king of crypto, Bitcoin, took a step back on Saturday, dipping 6% to end the week barely above $43,000. Many analysts predicted a “sell-the-news” scenario, where investors cashed in on profits built upon anticipation of the ETF approval. Others suggest a rotation into Ethereum, which surged 15% on the week and touched highs not seen since May 2022. Ethereum ETF Speculation: Shaping Crypto…

Polygon NFTs Explode: 6-Month High Volume Ignites Market

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After a very dull performance over the majority of 2023, the Polygon PoS chain managed to gather considerable pace and demonstrate notable strength in the latter part of the year. Data indicates that, in addition to the remarkable price performance of MATIC, the Polygon network’s native token, there was a lot of excitement surrounding Polygon’s NFT ecosystem in December of the previous year. Polygon NFT Surge: Sales Volume Peaks An increase in the overall number of NFT deals and an upward trend in NFT sales volume, especially during the past…

BTC’s 20-month high: exploring Bitcoin’s potential rally

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Bitcoin starts 2024 by surpassing the $45,000 mark, setting a new 20-month high. What’s next? At the onset of 2024, Bitcoin (BTC) has made a leap, surpassing the $45,000 mark and setting a new 20-month high. As of this writing, BTC is trading at $45,465. In 2023, Bitcoin experienced an increase of 156%, indicating its strongest yearly performance since 2021. This surge was primarily driven by the anticipation of the approval of spot Bitcoin exchange-traded funds (ETFs) in the U.S. Secondly, the expectation of major central banks cutting interest rates…

Sei V2 Code Is “Functionally” Complete, Audit Ongoing: New All-Time High Incoming?

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Taking to X on January 2, Jay Jog, the co-founder of Sei, Sei V2, is functionally “code complete” with Zellic and OtterSec, two blockchain security firms, auditing the code base. This development comes as the platform’s native coin, SEI, continues to surge, reaching all-time highs just four months after the launch of the high-performance blockchain in August. What’s The Big Deal About Sei V2? Once it launches in Q1 2024, Sei V2 will introduce a parallelized Ethereum Virtual Machine (EVM). According to developers, this model combines the best features of Solana and Ethereum,…

SOL Price Surges 10% As Solana Bulls Aim New High Above $125

Solana is up over 10% and gaining pace above $105. SOL price seems to be setting up for an upside break above the $125 resistance zone. SOL price started a fresh rally above the $100 resistance against the US Dollar. The price is now trading above $105 and the 100 simple moving average (4 hours). There was a break above a key contracting triangle with resistance near $104 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to rally if there is a…

Ethereum Bulls Sight New High In 2024 As BTC Pumps Above $45K

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Ethereum price is eyeing an upside break above the $2,440 resistance. ETH could rally like Bitcoin if there is a close above the $2,500 level. Ethereum is moving higher from the $2,250 support level. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance near $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate higher if there is a clear move above $2,400 and $2,440. Ethereum Price Eyes Key Upside…

Bitcoin SV surges 102% in a week, reaching a near 2 year high

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Bitcoin SV continues its rally, crossing the $100 threshold for the first time since February 2022.  This significant uptick in price, representing an increase of over 102% within a week, is largely attributed to growing interest and trading activities in the South Korean market. The Korean cryptocurrency exchange Upbit has been a focal point of this heightened activity around BSV. Today, Upbit recorded a substantial $275 million in BSV trading volume.  The price jump follows an even more impressive trading day on Boxing Day last week, where the exchange saw…