Tag: Top

Top cryptos to watch this week: Jito, Solana and Avalanche

The global crypto market cap surged 7.9% this week, from $1.52 trillion to $1.64 trillion. While Bitcoin (BTC) largely catalyzed this impressive run with its push above $44,500, assets such as Jito (JTO), Solana (SOL) and Avalanche (AVAX) also made their unique contributions. Jito pushes for $5 on debut Jito, a liquid staking platform built atop the Solana blockchain, released its governance token JTO this week. JTO’s earliest trading price was $2.04 on Dec. 7, per data from CoinMarketCap. JTO price – Dec. 10 | Source: CoinMarketCap The token immediately…

Analyst Places XRP As The Top Coin For The 2024-2025 Bull Run

Prominent altcoin, XRP, has produced a positive performance in the last day, rising by 6.92%, according to data from CoinMarketCap. This price increase adds to the token’s impressive form all week, culminating in an 11.85% gain in the last seven days.  Interestingly, it appears there may be larger gains for XRP investors in the coming months as popular crypto analyst Ben Armstrong has placed the token as the most favorable asset for investment ahead of a potential 2024-2025 bull crypto market. XRP Is The Token To Buy In 2024, Analyst…

Cardano Rises $56% To Dominate Top 10 Roster

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Altcoins such as Cardano (ADA) had a widespread increase in value, similar to the altcoin cycle observed in early November. This cycle occurred when the momentum of Bitcoin slowed down, prompting traders to secure profits and allocate their investments towards smaller cryptocurrencies. Because of the consistent price of Bitcoin (BTC), which encouraged capital rotation to alternative coins, native tokens associated with layer 1 (L1) blockchains saw the greatest gains on Saturday. Cardano (ADA) was the top performer in the weekend’s top 10 rankings. According to Coingecko data, ADA price increased…

Bitcoin dominance threatens ‘likely top’ despite BTC price eyeing $45K

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Bitcoin (BTC) risks “rolling over” to cancel its latest uptrend, new analysis warns as altcoins surge. In a post on X (formerly Twitter) on Dec. 9, popular analyst and social media commentator Matthew Hyland flipped cautious on BTC price action. Bitcoin dominance risks violating key level Bitcoin bulls kept momentum hot into the end of the week’s Wall Street trading — BTC/USD sealed new 19-month highs of $44,729 on Bitstamp on Dec. 8. Data from Cointelegraph Markets Pro and TradingView tracked a subsequent return below the $44,000 mark, with Bitcoin…

Chainlink Becomes Long-Heavy As Price Clears $16: Top Here?

Chainlink has seen long contracts pile up on Binance during the past day, which may lead toward a top for the cryptocurrency. Chainlink Funding Rate On Binance Has Turned Highly Positive According to data from the on-chain analytics firm Santiment, the Chainlink funding rate on Binance has now reached the highest level in about four weeks. The “funding rate” refers to the periodic fee that derivative traders on any given platform are exchanging with each other right now. When the value of this metric is positive, it means that the…

Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck

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Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts. On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of the Bitcoin halving, and emerging dominant crypto platforms. VanEck 15 Crypto Predictions for 2024 Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow…

a16z Crypto Reveals Top Trends to Look Forward to in Crypto in 2024

At present, the training and operation of AI models is restricted to large tech companies. Crypto has the potential to help create multi-sided, global, permissionless markets where anyone can contribute data and be compensated for it. Venture capital firm Andreessen Horowitz (a16z) has released its “big ideas” for 2024, with its crypto arm composing a list of trends to look forward to in crypto in 2024. The list contains trends that the firm’s crypto partners are looking forward to across sectors such as artificial intelligence (AI), decentralization, and modular technology. We…

BEAM slides into top gainers list with 33% spike to new ATH

Beam (BEAM), a privacy-focused confidential blockchain protocol, has broken into the top gainers list among the 100 largest assets following a recent surge to a new all-time high of $0.01635. The BEAM token, currently serving as the gas and governance token on the Beam network, was launched in October on the back of a token migration event that saw the Beam ecosystem pivot from the Merit Circle (MC) token. BEAM price – Dec. 6 | Source: Santiment Since its launch two months back, BEAM has embarked on an extensive rally,…

Crypto Expert Delivers Top 8 Altcoins To Buy On Binance

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As the crypto market enters into what could be considered to be another bull market, one analyst known as MacnBTC has come forward to give a list of altcoins that could do well going forward. The list includes altcoins currently listed on the largest crypto exchange in the world, Binance, making them very easy to get. The Top Altcoins To Buy On Binance Thorchain (RUNE) Appearing at the top of the list is RUNE, the native token of the THORchain network. The decentralized cross-chain liquidity protocol has been garnering a…

House’s Patrick McHenry Won’t Seek Reelection, Costing Crypto a Top Ally: Politico

As McHenry, the chairman of the House Financial Services Committee, continues to shepherd two significant pieces of digital assets legislation toward floor votes in the House of Representatives, his decision could set a clock on getting that task accomplished. Rep. French Hill (R-Ark.), the chair of that panel’s crypto-focused subcommittee, has already indicated that progress on the bills – one to regulate U.S. stablecoin issuers and one to establish rules for the wider crypto markets – will shift into the first months of next year. Source