Avalanche Nears Breakout – Top Analyst Sets $420 Target For AVAX This Cycle

Este artículo también está disponible en español. Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigger a substantial rally. The recent surge has captured the attention of traders and investors who recognize the potential of Layer-1 blockchains as AVAX positions itself as a leading contender in the space.  Related Reading Among those following this development closely is top analyst and investor Kaleo, who recently shared a technical analysis with a bullish price target of $420 for AVAX. Kaleo’s optimistic outlook aligns with broader…

Cardano emerges as a top gainer, BTC nears $80,000

Cardano gained strong bullish momentum for the first time in seven months as Bitcoin keeps hitting new all-time highs. Cardano (ADA) emerged as the top gainer among the leading 100 cryptocurrencies in the past 24 hours, with a 33% rally. The asset reached $0.594 earlier today—a level last seen in April—and is trading at $0.57 at the time of writing. ADA price | Source: crypto.news Cardano’s market cap reached the $20 billion mark, making it the ninth-largest digital currency. Its daily trading volume also surpassed the $2 billion zone. Bitcoin…

Robinhood Legal Boss On Shortlist For Top Spot

Este artículo también está disponible en español. A major revamp is coming to the SEC. For many reasons, this year’s US presidential elections have become the most consequential for cryptocurrency. Crypto and blockchain technology has become an election issue, with both the Republican and Democratic candidates teasing the electorate with their plans on how to handle crypto. Related Reading Between the two, incoming President Donald Trump offered a more friendly stance over crypto, promising to make the US a “crypto capital” and suggesting a change in leadership at the Securities…

Bitcoin’s Path to the Top: What It Will Take to Dethrone Silver, Apple, Nvidia, and Gold

At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On Fri., Nov. 8, 2024, bitcoin (BTC) officially takes its place as the ninth largest asset globally, overtaking Meta’s […] Original

Bitcoin Open Interest Soars As Top Crypto Breaks $76,000

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Coinbase Launches Wrapped Bitcoin Token on Top of Solana

Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC.” Coinbase partnered with […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Solana Breaks Above Key Resistance – Top Analyst Sets $300 Target

Este artículo también está disponible en español. Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors. However, the breakout has yet to be confirmed, leaving room for excitement and caution.  Prominent analyst and investor Carl Runefelt recently shared a technical analysis on Solana, highlighting that the cryptocurrency is on the verge of breaking out from a massive bullish pattern. According to Runefelt, if the breakout holds, this setup can propel SOL toward a $300 target in the…

Social engineering scams top threat to crypto users

According to Jeff Lunglhofer, Coinbase’s chief information security officer, social engineering scams are currently the biggest threat to crypto users and holders. Lunglhofer spoke to crypto.news in an interview about the rise of such scams, which are a threat to both novice and experienced crypto users.  “Social engineering scams are by far the number one threat to crypto enthusiasts and crypto holders and investors today,” said Lunglhofer.  Three ways to avoid social engineering scams  Lunglhofer emphasized that although these scams are not unique to the crypto sector, their frequency has…

Economist Predicts Bitcoin ‘Blow-Off Top’ At $123,000 Post-Trump Win

Este artículo también está disponible en español. The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance. The euphoria is driven by Trump’s big election promises. He wants to establish Bitcoin as a national strategic stockpile, fire Securities and Exchange Commission (SEC) Chairman Gary Gensler and generally enforce a crypto-friendly policy. While a Harris victory would have meant a short-term setback for Bitcoin according…