Uniswap 71% Single-Day Rally Raises Eyebrows

The cryptocurrency market witnessed a significant shift in momentum on February 23rd, as Uniswap native token, UNI, skyrocketed by an impressive 71%. This surge marks the token’s highest price point since March 2022, sending shockwaves through the crypto landscape and reigniting interest in the decentralized finance (DeFi) sector. Source: Coingecko Uniswap Proposes Fee-Sharing Feast For Stakers The primary catalyst behind this astronomical rise appears to be a pivotal proposal unveiled by the Uniswap Foundation. This proposition advocates for the implementation of a novel fee-sharing mechanism, fundamentally altering the token’s utility…

Pro-Ripple Lawyer Tags Poor XRP Price Performance As Unnatural, Rally Imminent?

XRP’s price action for the last three years has been majorly disappointing, with the crypto yet to turn positive for its holders. Notably, XRP’s price action for the past three months has been brutal and needs to catch up when compared to other large cryptos. Despite this underwhelming price movement, many analysts haven’t stopped predicting a potential rally for XRP in the coming months. Particularly, attorney Bill Morgan, who is known for his bullish stance on XRP, recently took to social media to share his take on the asset’s lackluster…

Bitcoin steady despite inflation worries; Solana competitor can rally in 2024

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. For those keeping an eye on the crypto market’s latest twists and turns, especially after the SEC decision on Bitcoin ETF, you’ve probably noticed that Bitcoin (BTC) is holding steady around the $52,000 mark despite some inflation concerns among the public. But there’s more to the crypto landscape than just Bitcoin’s stability – there’s an emerging crypto player on the scene that’s causing quite a stir. Enter InQubeta (QUBE),…

Stacks holders tracking Kelexo; Solana may rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Stacks (STX) holders are interested in the ongoing presale for Kelexo (KLXO). A Solana (SOL) expert recently suggested a potential rally. However, it’s important to remember that this is speculation and not guaranteed. This optimism surrounding Kelexo stems from its focus on addressing inefficiencies in the lending market through blockchain technology.  The expert’s analysis mentions scalability, security, and user-friendliness as potential differentiators for the project.  Stacks sees diminishing returns…

AI Tokens Surge, Outshining Market in Stunning Rally – Blockchain News, Opinion, TV and Jobs

By Enoch Mutembei The cryptocurrency space has witnessed a remarkable surge in the performance of AI-focused tokens, fueled in part by the recent unveiling of OpenAI’s cutting-edge artificial intelligence, Sora. OpenAI, under the leadership of CEO Sam Altman, introduced Sora last week, a revolutionary AI operating on a text-to-video logic, translating textual cues into concise video clips. This move has had a profound impact on the AI tokens market, propelling several projects to noteworthy gains in the past 7 days. Here are five standout AI tokens that have demonstrated exceptional…

FIL, GRT Rally Boosts CoinDesk Computing Index as Bitcoin Struggles

The index has gained over 11% in the past seven days, with FIL and GRT rallying over 40%, ignoring moderate weakness in the broader market. The index leader Chainlink’s LINK token has dropped 10%. The CoinDesk 20 index, a broad crypto market benchmark, has declined by 2% in seven days, with bitcoin (BTC), the world’s biggest cryptocurrency by market value, trading back and forth between $50,500 and $52,500. Original

Paris Saint-Germain Becomes Trailblazing Validator On Chiliz Blockchain, Fueling 9% Rally In CHZ

In a notable development that signifies the growing adoption of blockchain technology in the sports industry, Paris Saint-Germain (PSG) has announced its deepening partnership with Chiliz (CHZ), the Malta-based FinTech provider. PSG, one of the world’s most renowned football clubs, is set to become the first sports club to act as an official blockchain validator on the Chiliz Chain, a significant milestone for both organizations. Chiliz $1 Billion SportFi Ecosystem Attracts PSG According to Thursday’s announcement, the latest collaboration will see PSG play an important role in ensuring the security,…

Polygon Could See Bull Rally To $1.73 If This Happens: Analyst

An analyst explained that Polygon could see a potential bull rally to $1.73 if the cryptocurrency’s price is above this level. Polygon Appears To Be Breaking Out Of A Symmetrical Triangle Currently In a new post on X, analyst Ali talked about a multi-year Symmetrical Triangle that Polygon has been traveling inside. The “Symmetrical Triangle” is a pattern in technical analysis (TA) that, as its name already implies, looks like a triangle. The pattern comprises two converging trendlines, with the upper line being made by joining lower highs in the…

Bitcoin Price Rally at Risk at Miners Offload $8.2B BTC

Bitcoin’s price tumbled to a weekly low of $50,664 on Feb. 21, narrowly avoiding massive liquidations; on-chain data analysis pinpoints the likely causes of the recent pullbacks.  After a remarkable 27% February uptick that saw Bitcoin (BTC) hit a 3-year peak of $52,985 on Feb. 20, Bitcoin is struggling to maintain momentum.  With miners ramping up profit-taking ahead of the upcoming halving event, a decline in ETF inflows threatens to scuttle the BTC price rally.  Bitcoin miners sold BTC worth $8.2 billion in previous 30 days Bitcoin price dipped $50,664…