Top cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) propelled market cap growth by $270 billion within the last week. An 11.3% increase saw the sector’s market cap appreciate to $2.64 trillion. This commendable growth was also driven by a significant contribution from Worldcoin (WLD). BTC, ETH and WLD prices -March 10 | Source: Santiment BTC records new ATH The crypto market uptrend spilled into this week, allowing several assets to clinch new heights. Being the leading cryptocurrency, Bitcoin was not left out in this trend, as the token saw massive…
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Is Dogecoin About To Ditch The Hype? Top Traders Predict $1 Price
In a daring proclamation, cryptocurrency trader KALEO and two other top analysts, are shaking the foundations of the market with a bold assertion – the journey of Dogecoin to $1 is not a mere speculative venture but a palpable prospect within the current market cycle. Amidst the noise of market volatility, their confidence adds a fresh perspective to Dogecoin’s narrative. $doge to a dollar isn’t going to be just a meme this cycle — K A L E O (@CryptoKaleo) March 8, 2024 Dogecoin’s Dance With Bitcoin In The Market…
Litecoin Beats Out Dogecoin, Bitcoin As Top Crypto For Payments
Litecoin has emerged as a standout performer in the cryptocurrency payments sector, overtaking prominent digital currencies such as Dogecoin, Bitcoin, and Ethereum as the top choice for crypto payments on leading Bitcoin payment service provider, Bitpay. Litecoin At The Forefront Of Crypto Payments In a recent announcement on X (formerly Twitter), the Litecoin team revealed that LTC has claimed the top spot as the most preferred cryptocurrency for payments on Bitpay. Sharing a chart of Bitpay’s payment count by cryptocurrency, the team disclosed that Litecoin has hit a recent milestone,…
AI tokens dominate the top gainers’ chart, FET leads the batch
Big data and artificial intelligence (AI) tokens have gained momentum as investors shift focus to altcoins amid bullish market sentiment. According to data provided by CoinMarketCap (CMC), the top five gainers among the leading 100 cryptocurrencies are from the big data and AI category with double-digit growths. Top 5 gainers in 24 hours – March 7 | Source: CoinMarketCap Fetch.ai (FET) is leading the list with a 38.26% rise over the past 24 hours and is trading at $2.74 at the time of writing. The asset’s market cap surged to…
The Ethereum Foundation Is Selling ETH Again, Is The Top In?
The Ethereum Foundation, a non-profit organization, has initiated an unexpected ETH sell-off to a single address, prompting speculation about a potential market peak. Ethereum Foundation Executes Multiple ETH Transfers On Monday, March 4, Blockchain analytics platform LookOnChain revealed a series of transactions executed by a wallet address related to the Ethereum Foundation. Sharing a screenshot of the transaction details on X (formerly Twitter), LookOnchain disclosed that the Ethereum Foundation had initiated three ETH transactions to a single wallet address identified as “Cumberland Forwarder”. Among these transfers, two involved selling off…
Bitcoin Extreme Greed At Levels Higher Than Nov. 2021 Peak, Top Signal?
Data shows the Bitcoin sentiment has now reached extreme greed levels higher than even those at the price all-time high (ATH) in November 2021. Bitcoin Fear & Greed Index Is Deep Inside Extreme Greed Territory Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the general sentiment present among the investors in the Bitcoin and wider cryptocurrency market right now. The metric represents this average sentiment in the form of a score lying in the zero to hundred range. To calculate this score,…
Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’
Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era […] Original
Shiba Inu Blasts Into Top 10 Crypto Following 175% Price Surge
The crypto market witnessed an explosive surge last week, pushing crypto prices to new levels. Meme coins, particularly Shiba Inu, have reaped significant benefits from this market surge. At the time of writing, SHIB has carried over its gains from the previous week into the current week and is currently on a 175% increase in the past seven days. Interestingly, this surge saw SHIB breaking into the top 10 crypto by market cap last week as it outperformed most altcoins. SHIB Blasts With A 175% Surge Shiba Inu’s ecosystem (spearheaded…
Binance Nigeria Standoff: Crypto Exchange’s Top Executives Summoned by House of Representatives Committee
Top executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should Binance executives fail to comply with the request. Latest Escalation in the Standoff Between Binance and Nigerian Authorities The Nigerian House […] Source
Top cryptocurrencies to watch this week: ETH, DOGE, SHIB
The cryptocurrency market was highly prosperous last week, witnessing a remarkable 16% surge in the global crypto market cap to $2.32 trillion. During this positive trend, altcoins like Ethereum (ETH), Dogecoin (DOGE) and Shiba Inu (SHIB) are among the top cryptocurrencies to watch heading into Monday. ETH, DOGE, and SHIB prices – March 3 | Source: Santiment ETH breaches $3,400 ETH is up 9.6% this week. As Bitcoin (BTC) garnered significant attention from market participants this week, Ethereum capitalized on the rally, achieving substantial surges beyond crucial psychological thresholds that…