Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.
KernelDAO, a leading restaking protocol, has launched a $40 million Ecosystem Fund to accelerate the development of its platform and strengthen its presence within the BNB Chain ecosystem.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) While altcoins such as XRP, SOL, and BNB have made new records since November 2024, Ethereum continues to struggle with a modest 3% price increase this week.
Cryptocurrencies recorded significant surges over the past few sessions as bulls emerged ahead of Donald Trump's inauguration ceremony. Crypto trading platforms confirm the prevailing enthusiasm with surged trader activities. BitDegree data shows Binance's 24-hour trading mushroomed from $4.78 billion on 11 January to yesterday's peak of $19.06 billion. That suggests a staggering 298.
BNB price is consolidating above the $700 support zone. The price is consolidating and might aim for a fresh increase above the $720 resistance.
Bitcoin's recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.
SOL and BNB showed positive signs hinting at the correction completion. Further confirmation is needed as the prices now reached key resistance levels.
The U.S. Supreme Court has denied Binance's appeal to overturn a class action lawsuit, a decision that has reverberated across the crypto market. Binance Coin (BNB), the native token of the Binance ecosystem, bore the brunt of this legal blow, dropping to a multi-week low of $660 before partially recovering to $687 at press time.
The cryptocurrency sector rose by 2.29% to $3.36 trillion as markets recovered, driven by a resurgent Bitcoin (BTC) crossed the $97,000 mark, up over 2% in the past 24 hours. BTC briefly dropped below $90,000 earlier in the week, spooking markets and leading to a considerable decline among cryptocurrencies.
Gary Gensler's resignation next week could bode well for tokens that have been previously targeted by U.S regulators.
Explore the BNB Testnet Faucet, a crucial tool for developers to test applications and smart contracts in a risk-free environment before mainnet deployment.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) has fallen below the moving average lines, reaching a low of $659 on January 13.
Chainlink (LINK) joined Aptos (APT) and Filecoin (FIL) as a top performer, gaining 6.7% from Monday.
BNB faces growing bearish pressure as technical and market indicators point to potential correction.
Bitcoin's fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
The market seems unlikely to make a reversal, according to CoinStats.
Derivatives data and price action revealed key market dynamics and trader positioning shifts.
The Bitcoin price is stuck above $94,000 and this sustained behaviour has paved the way for the altcoins to grow. Interestingly, the trader's attention has shifted from BTC to its forks and as a result, the prices of BitcoinCash (BCH) & Bitcoin SV (BSV) have begun to rise consistently.
One of the factors that could be driving the demand for long positions is a drop in funding rates to 0.0076%.
Bitcoin's bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.
The crypto market cap stood at $3.2 trillion on January 10, 2025, as the US trading session saw Bitcoin continue to struggle with downside pressure. As BTC dominance hovered around 56.8% and Ethereum's at 12%, the global 24-hour trading volume fell 1.2% to about $156.9 billion.
Binance Coin, the fifth-largest cryptocurrency by market capitalization, has largely avoided the ongoing crypto crash and is hovering near its all-time high.
Aptos Network has announced it has integrated its network with Chainlink data feeds to boost innovation and development of decentralized applications (dApps) on its network. The integration allows Aptos to leverage Chainlink's data feeds for on-chain activities.
Solana price today remains under pressure as bulls attempt to buy the dip following a 30% crash from its December highs. While BNB has also dropped, its performance has been less severe than SOL and other top altcoins.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum tried to move above $3,600 this week but was quickly stopped by sellers who came in force to push the asset back to the key support at $3,200.
TL;DR Aptos has integrated Chainlink data feeds, allowing developers to access verifiable and tamper-resistant data. Chainlink, a decentralized oracle network, enables smart contracts on APT to use external data accurately. With the integration of Chainlink, APT strengthens its infrastructure, ensuring fast and secure transactions. Aptos has integrated Chainlink data feeds into its network.
Despite recent price declines, Aptos token shows increasing network activity with 1.2 million daily active addresses and $15.05 million in exchange outflows, while trading near a historical demand zone that has previously triggered upward price movements.
Now developers will be able to easily and securely acquire data from outside the blockchain.
BNB's short-term price targets depends on a few key factors.
Aptos (APT), a rising player in the cryptocurrency market, is capturing attention as it enters a key price zone that could drives significant price movement. Despite recent struggles, the token shows potential for recovery, backed by encouraging on-chain data and optimistic trading trends.
APT's price could see further gains as traders capitalize on shifting market sentiment.
Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds.
Aptos has added Chainlink Data Feeds to give developers access to reliable off-chain data in order to enhance the development of dApps on its blockchain. Chainlink is a decentralized oracle network that provides trusted and secure data to blockchains, and it is a popular solution in the Web3.
BNB is attempting to breach the $741 resistance level, which stands as a critical barrier to reaching its all-time high (ATH) of $793.
Bhutan's Gelephu Mindfulness City experiments with Bitcoin, Ether, and BNB in its reserves.
Aptos has integrated Chainlink Data Feeds, enabling developers on its blockchain to access trusted off-chain data for building decentralized applications.
Binance Coin (BNB) has found itself in a precarious position recently, hovering around $696.40 after experiencing a significant 4.58% decline over the past two days. This downturn comes despite BNB's relatively strong performance earlier, highlighting potential underlying weaknesses in its price action.
Gelephu Mindfulness City, Bhutan's Special Administration Region, has revealed plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves.
BNB shows signs of recovery as price stabilizes above $675 support, with technical indicators suggesting potential upward movement toward $710 and $725 resistance levels.
A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
BNB price is consolidating above the $675 support zone. The price is consolidating and might aim for a fresh increase above the $700 resistance.
Aptos (APT), a blockchain project that combines cutting-edge technology with an ambitious vision for the future, has been attracting significant attention in the cryptocurrency world. While it may not be as well-known as Bitcoin or Ethereum, Aptos stands out for its focus on scalability, low transaction costs, and its integration with artificial intelligence (AI).
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) is holding above the 21-day SMA support and below the $745 resistance level.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
Aptos, one of the most popular L1 blockchains outside the Ethereum Virtual Machine ecosystem, hit two adoption milestones in the first week of 2025. It celebrates the arrival of veteran DeFi Aave v3 on its testnet, while its largest IDO platform now supports native USDT.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).