Tag: Top

Bitcoin Bull Run In Jeopardy? Analyst Finds Market Top Signals With BTC At $40,000

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Bitcoin is walking back on some of its gains over the past few days. The number one cryptocurrency by market cap might be on the verge of a more significant retracement, which could push it back to the $30,000 zone. As of this writing, Bitcoin (BTC) trades at $40,950 with a 2% loss in the past 24 hours. On the weekly chart, the cryptocurrency records a 3% loss, with all tokens in the top 10 by market recording a similar performance, except for Avalanche (AVAX). BTC’s price is losing bullish…

Top cryptocurrencies to watch this week: XRP, ADA, SHIB

This week, the cryptocurrency sector’s global market cap receded 3% from $1.64 trillion to $1.59 trillion. Amid the $50 billion loss in valuation, top cryptocurrencies XRP, Cardano (ADA) and Shiba Inu (SHIB) took center stage with mixed price actions. XRP relinquishes price threshold XRP’s performance since the start of the recent market-wide resurgence has been largely discouraging to investors. The native crypto token of the Ripple network failed to leverage the Bitcoin (BTC) uptrend to the $44,000 territory in previous weeks, but has now collapsed with the rest of the…

Top 3 Meme Coins Under $50M Market Cap That Could Make You A millionaire Like BONK

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Solana-based BONK has emerged as one of the best performers over the past week even after meme coins put on a good show for investors. However, given that the meme coin has since crossed the $1 billion market cap threshold, some will argue that the potential to make a lot of profit has diminished already, leading to a hunt for other meme coins that could end up putting on a similar rally. So here are the top 3 meme coins under a $50 million market cap that could see a…

Global regulator tightens stablecoin standards for top rankings

The Basel Committee for Banking Supervision has proposed new criteria for stablecoins, aiming to differentiate them from more volatile cryptocurrencies like Bitcoin. A consultative document released on Thursday outlines 11 standards that stablecoins must meet to be classified as Group 1b assets, considered lower risk than unbacked digital assets. The standards ensure that the reserve assets backing stablecoins are of high credit quality, have short-term maturities, and exhibit low volatility. This move is part of the committee’s broader efforts to manage the risks associated with digital assets in the banking…

Top five blockchain ETFs that returned over 100% in 2023: Data

As the cryptocurrency community has been focused on the potential approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, some crypto-linked ETFs have already been racking up significant gains in 2023. One such ETF is the VanEck Digital Transformation ETF (DAPP), which has surged nearly 207% year to date (YTD), according to data from TradingView. Launched in April 2021, DAPP tracks the price and performance of the MVIS Global Digital Assets Equity Index, which, in turn, is based on the performance of major companies involved in…

JPMorgan: Amazon and Alphabet ‘Top Picks’ for 2024

JPMorgan chosen Amazon and Alphabet stocks as the most probable front-runners for 2024. As 2024 is just around the corner, investors are looking forward to getting predictions from experts. JPMorgan believes that tech stocks are going to get a good year. In a recent note, JPMorgan experts highlighted that Amazon and Alphabet would be the probable front-runners for 2024. Amazon.com Inc’s (NASDAQ: AMZN) revenue is expected to grow by 13% in comparison with 2023. The price target for AMZN will be around $190 which indicates a gain of 29% from…

IRS lists 4 crypto crimes among its top cases in 2023

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The criminal investigation unit of the United States Internal Revenue Service (IRS) has listed four crypto-related cases among the top ten of its “most prominent and high-profile investigations” in 2023. In a Dec. 11 notice, the IRS unit said there were four significant cases in 2023 involving the seizure of cryptocurrency, fraudulent practices, money laundering and other schemes. Coming in at its third most high-profile investigation in the past year was OneCoin co-founder Karl Sebastian Greenwood, who was sentenced to 20 years in prison in September for his role in…

Avalanche Rules Top 10 List With 61% Weekly Gain

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Among the top 10 cryptocurrencies this week, Avalanche (AVAX) is in the lead after rising by more than 60% in the last seven days. Its price has risen to $36, placing it in the top 10 digital assets in terms of market capitalization. AVAX prices have been trending higher, which has helped many holders realize gains. The general attitude has not changed notwithstanding this rise in the proportion of holders in profit. More than half of Avalanche holders kept their assets at a profit, according to recent data from IntoTheBlock.…

SOL Price (Solana) Signals Short-Term Top, Here Are Key Supports To Watch

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Solana surged toward $80 before the bears appeared. SOL price is now correcting gains but the bulls might remain active near the $65 support. SOL price started a major rally above the $65 resistance before the bears appeared against the US Dollar. The price is now trading above $65 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $65.00 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could accelerate lower if there is a…

Crypto exchange HTX see outflows top $258M following exploit

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Crypto investors have been moving their assets away from crypto exchange HTX (formerly known as Huobi) following a Nov. 22 exploit that saw the exchange pause its services and lose a total of $30 million.  Between Nov. 25 — the day that HTX resumed its services — and Dec. 10, the exchange witnessed some $258 million in net outflows, according to data from DefiLlama. HTX witnessed $258 million in net outflows between Nov. 25 and Dec. 10. Source: DefiLlama DefiLlama data shows HTX’s reserves comprise 32.3% Bitcoin (BTC) and 31.8%…