PRESS RELEASE. HanChain (HAN) went live on MEXC, a top 10 global cryptocurrency exchange, at 5:00 AM UTC on April 3, 2024. In addition to the listing, the HanChain project also launched its mobile staking version, coinciding with LBANK’s Grid Trading Competition and Flexible Staking Service. HanChain is a dual cryptocurrency project designed for real-life […] Source
Bitkub Capital Group Holdings, the parent company of Thailand’s largest cryptocurrency exchange Bitkub, has announced plans to go public in 2025. The company has hired financial advisors for the impending transition. According to a recent interview quoted by Bloomberg, Bitkub’s CEO, Jirayut Srupsrisopa, unveiled the ambitious strategy. Srupsrisopa noted that the company will be listed on the Stock Exchange of Thailand to enhance its visibility and raise capital for business expansion. As Bitkub prepares for its IPO, competition in Southeast Asia’s crypto market is heating up. Rivals such as Binance…
Popular crypto analyst Xremlin, known on social platforms as @0x_gremlin, told his 104,000 followers that the altcoin season in 2024 could eclipse the monumental gains seen in 2021. Reflecting on the historical significance of major exchange listings, Xremlin emphasized, “Altseason 2024 > Altseason 2021. Your bags are headed to Valhalla.” During the 2021 altseason, altcoins such as Polygon (MATIC) and Solana (SOL) saw a staggering 300x increase, largely attributed to listings on Tier-1 centralized exchanges (CEXs) like Binance and Coinbase, according to him. “MATIC and SOL’s 300x was fueled by…
Renowned XRP analyst EGRAG has ignited a firestorm of excitement and skepticism with his bold prediction for the cryptocurrency. EGRAG, known for his bullish XRP stances, is calling for a potential 90% surge in the near future, with a target price of $1.20. This forecast hinges on a technical pattern identified by EGRAG – a “W” wave formation on XRP’s 3-day chart, which he believes historically precedes bull runs. XRP Long-Term Outlook The prediction has sent ripples through the XRP community. Enthusiasts are buoyed by the prospect of such a…
Internet Computer’s token price reached $17 today, its highest in two years. The price increase represents a 500% increase from its lowest price just six months ago. The network reached three billion blocks today, indicating a high activity level and robustness, reflecting its capacity to handle transactions and interactions efficiently. According to CoinMarketCap, the token’s daily trading volume surged 126%. ICP’s surge reflects growing investor interest and confidence in the token, contributing to its price increase. The network also recently rolled out ckBTC, a digital asset mirroring Bitcoin. The new digital…
Here’s what the latest trend in the Bitcoin Market Value to Realized Value (MVRV) ratio suggests about where the market is currently in terms of a top. Bitcoin MVRV Ratio Has Seen A Decline To The 2.34 Level According to data from the market intelligence platform IntoTheBlock, the BTC MVRV ratio surged high earlier this year as the cryptocurrency rally took place. The “MVRV ratio” is a popular indicator that tracks the ratio between the Bitcoin market cap and the realized cap. The former is simply the total valuation of…
In a thread on X (formerly Twitter), the popular crypto analyst known as cyclop (@nobrainflip) delivered a bold forecast to his substantial following of 394,000. He proclaimed, “We are close to the biggest altseason in history. Everyone will make x50-x100 on their entire portfolio. $5k portfolio will be around $250k-$500k in 2025. All you need is to buy the right lowcaps.” This assertion hinges on a strategic selection of low market capitalization cryptocurrencies, which, according to Cyclop, are poised for an exponential surge in value. Cyclop elucidates his strategy by…
Despite last week’s bearish setting, top cryptocurrencies like Dogecoin (DOGE) and eCash (XEC) recorded impressive gains. Polygon (MATIC), however, underperformed. The global cryptocurrency market cap lost $140 billion in valuation, dropping to $2.49 trillion as of Sunday, Match 24. Here’s a look back at the current events involving this week’s top cryptocurrencies. DOGE, MATIC and XEC prices – March 24 | Source: Santiment DOGE breaks multi-week downtrend Dogecoin began this week with a bearish footing, witnessing a combined 17.16% drop on March 18 and 19. With this discouraging decline, the…
XRP, the native token of Ripple, is stirring up excitement in the crypto market with analysts predicting a potential short-term price explosion. However, the extent and timing of this surge remain a point of contention. In a recent analysis of the cryptocurrency market, several market analysts have expressed optimism about the short-term prospects of XRP, the digital asset associated with Ripple. These analysts believe that XRP could experience a substantial increase in price, potentially reaching new heights before the peak of the current market cycle. XRP Bold Predictions: Fact Or…
The on-chain analytics firm Glassnode has explained that Bitcoin tends to reach a potential top when the long-term holders show this pattern. Bitcoin Long-Term Holders Have Been Ramping Up Distribution In a new report, Glassnode discussed the influence that the BTC long-term holders have on the cryptocurrency’s supply dynamics. The “long-term holders” (LTHs) here refer to the Bitcoin investors who have been holding onto their coins for more than 155 days. The LTHs comprise one of the two main divisions of the BTC user base based on holding time, with…