A widely followed crypto analyst thinks one Solana (SOL) challenger is gearing up for more rounds of upside bursts. Pseudonymous analyst Altcoin Sherpa tells his 232,200 followers on the social media platform X that Sei (SEI) looks bullish after breaking out of a rounding bottom pattern on the weekly chart.
Injective's native token, INJ, has recently seen a significant surge in trading volume, reaching an 8-month high of $741.29 million over the last 24 hours. This sudden spike has caught the attention of many crypto investors, prompting questions about whether INJ is on the verge of a breakout or if it's simply experiencing a temporary surge in trading activity.
High-tech and super-scalable blockchain protocol Near Protocol ($NEAR), which many view as one of the best blockchain protocols to ride the ongoing AI boom, is currently probing $7, up more than 70% on the month and over 260% since this time last year. The post Is $8 Next for Near Protocol? $NEAR Up 265.4% In A Year appeared first on Cryptonews.
As November draws to a close, the cryptocurrency market is buzzing with anticipation. Bitcoin is clawing back toward $98K, Ethereum ($ETH) remains firm above $3,580, and Solana has broken above $241, hinting at bullish momentum spilling over into altcoins.
Miles Deutscher, a prominent crypto analyst with over 575,000 followers on X (formerly Twitter), has unveiled his top ten artificial intelligence (AI) altcoins poised for significant growth by 2025. Emphasizing the burgeoning potential of the AI sector within the cryptocurrency landscape, Deutscher suggests that this could be “the biggest opportunity of the bull run.
Bittensor and Theta have also recorded double-digit gains in the past 24 hours, hitting levels that bulls could strengthen at to add to the upside momentum. Meanwhile, the global crypto market cap has jumped 2% to $3.37 trillion, benefitting from Bitcoin's spike above $97,000.
Artificial Superintelligence Alliance (FET) has been on an uptrend, gaining 31% over the past week. This rally is driven by increased whale accumulation, indicating heightened interest from large-scale investors.
Story Highlights The FET price is up over 10% in 24 hours and has reclaimed the $1.6 mark. Technical indicator EMA 50/200-day record a potential Golden Cross. Major resistance levels at $2.230 and $2.810 were detected.
A recent report from research firm Messari provided an overview of the NEAR (NEAR) protocol's performance during the turbulent third quarter (Q3) of 2024, when the broader cryptocurrency market experienced significant volatility. NEAR Protocol Q3 Performance Throughout Q2 2024, the crypto market saw a downturn that continued into Q3 for NEAR.
TL;DR The Artificial Superintelligence Alliance (ASI) announced an Earn-and-Burn mechanism, causing a 10% surge in the FET token's value. The mechanism aims to reduce the FET token supply from 2.8 billion to 2.7 billion by burning up to 100 million tokens, increasing scarcity and value.
FET's Earn-and-Burn mechanism and strong signals indicate potential for continued price growth.
Cryptocurrency hacks and exploits have resulted in nearly $1.5 billion in losses so far in 2024, despite a 15% decline in incidents compared to last year.
Altcoins are creating a buzz in the market with a rapid rise of 7.9% in market cap, while Bitcoin's price stayed flat, causing its dominance to dip to 58.54%.
As the Bitcoin price is gaining strength and appears to be self-composed to revamping a decent rally to $100K, some of the altcoins have reached the edge of the consolidation. Bittensor (TAO) & Injective (INJ) coiled up consistently, suggesting a strong rise could be fast approaching.
RNDR, the native token of Render, is making waves during the ongoing market correction, as it appears poised for notable upside momentum. This speculation is caused by RNDR's bullish price action pattern, significant participation from traders and investors, and overall positive market sentiment.
Render's breakout could propel RNDR to $14, supported by growing market activity and bullish sentiment.
As Bitcoin ($BTC) stalls at the $100,000 crossroads, certain altcoins are at the brink of breakouts. $BNB, $NEAR, and $FTM are at this juncture.
Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
INJ demonstrated signs of profit-taking, despite rising Open Interest and the recent volume surge.
Crypto product firm 21Shares is launching new exchange-traded products (ETPs) centered around four prominent digital assets.
21Shares has introduced four new exchange-traded products (ETPs) focused on emerging blockchain technologies. The new offerings include the NEAR Protocol Staking ETP, Ondo ETP, Pyth Network ETP, and Render ETP.
Bittensor (TAO)'s price has risen 10% in the last 24 hours, solidifying its position as the largest artificial intelligence coin by market cap at $4.2 billion. The Ichimoku Cloud, RSI, and EMA lines all point to a strong uptrend.
Injective has recently announced some great updates and news. Now we can add that Injective also made it to the Coin50 Index.
NEAR Protocol targets $9 after a breakout rally. Bulls focus on $7.50–$8.00 for the next move.
FET Breakout above 266-Day downtrend signals strength; Bulls now target $1.60!
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
AI crypto projects have been transforming the blockchain industry throughout this year, using automated data analysis and decision-making processes, for smarter and more efficient decentralized systems.
Decentralized Physical Infrastructure Networks (DePin) are transforming the tech by enabling decentralized projects in real-world infrastructure.
NEAR Protocol [NEAR] has hit a new milestone in its ongoing growth, reaching a significant Total Value Locked (TVL) of $244 million, the highest since July. This achievement is coupled with a notable 10.82% price surge, with NEAR trading at $6.35 at press time.
Story Highlights Near Protocol price reclaims the $6 mark, with a weekly surge of ~18%. Technical indicators record a sustained bullish price action this week. The NEAR price trades at a discount of 24.13% from its yearly high.
FET (Artificial Superintelligence Alliance) has experienced an impressive bullish rally in recent weeks, posting gains of between 12% and 16% across various timeframes. However, signs suggest that this upward momentum may be starting to lose steam.
This will allow people to share, trade, and launch memes between two of the fastest blockchain networks: Solana and Injective. This makes it easier than ever to move memes between these two chains with just one click.
Recently Kyle Doops, host of Crypto Banter's Trading Show, has revealed many new altcoins that weren't part of previous market cycles. While altcoins haven't yet broken out, he sees strong signs of a potential surge. Kyledoops believes that once key resistance levels are breached, dips could present buying opportunities.
FET's impressive surge may be nearing a pause, as current market sentiment does not fully support bullish momentum.
Render (RENDER), a cryptocurrency that once soared to new heights, is now facing a strong decline, with bears taking charge of the market. After a significant surge of over 45% last month, RENDER's bullish momentum has reversed, leaving many investors questioning whether the asset is headed for further declines.
NEAR Protocol's $244M TVL milestone sets the stage for further bullish momentum.
Injective Protocol (INJ) has made headlines with a 61.2% surge in Total Value Locked (TVL) over the past week, a significant milestone for the blockchain's ecosystem. However, this achievement is dampened by ongoing retail sell-offs, which have kept INJ's price under pressure despite its recent growth.
ICP has experienced significant price volatility, much like many other cryptocurrencies. The token hit its all-time high of $750.73 in May 2021, but its price has since dropped substantially, with the current value hovering around $8.96.
TL;DR The Graph has introduced the GRC-20 data standard, designed to redefine how information is structured, shared, and connected across dApps in the Web3 ecosystem. Key features of GRC-20 include interoperability, allowing seamless token exchange across various blockchain networks, enhanced security with advanced protocols, and flexibility.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
RENDER's recent price drop could mark the start of a more significant market downturn.
Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.
NEAR Protocol has been on an impressive upward trajectory, posting a 12% gain over the past seven days. As of now, NEAR is trading at $5.79, boasting a robust market capitalization of $7.05 billion.
The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers.
Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.
Bitcoin (BTC) surged to a new all-time high early today as it rose to $97,000 before losing momentum and registering a marginal decline to fall to its current level. The world's largest cryptocurrency is up almost 3% over the past few hours as it maintains its rally despite facing recent selling pressure, with analysts expecting a move past $95,000 is imminent and could happen within a couple of sessions.
Render (RNDR), the Ethereum-based altcoin, has made waves in the cryptocurrency market with a significant price surge. The RNDR price recently reclaimed the $8 mark, surging by 8.10% in just 24 hours, which has reignited renewed optimism among investors.