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news-imageOctober 29, 2024

Crypto Market Live Today: Bitcoin Strikes $71,000, Memecoins Trigger Huge Upswing While ETH, XRP, ADA & SOL Attract Decent Gains

In a surprising move, Bitcoin's price ended the bearish speculation by marking monthly highs close to $71,500. With this, the markets revived a strong ascending trend, with the memecoins gaining immense strength. Dogecoin and POPCAT triggered a huge 13% upswing, while Shiba INU, Pepe, dogwifhat, FLOKI, and Brett rose above their respective resistance zones.
Publisher: CoinPedia
Sentiment: Positive
ADA
BTC

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Positive
cover-imageCoinPedia
January 2, 2025

Breakout Alert! Cardano (ADA) Price Poised for 30% Rally

After a prolonged two-week period of narrow consolidation, ADA, the native token of the Cardano blockchain, is poised for notable upside momentum due to a bullish price action pattern. However, since the beginning of December 2024, ADA has experienced a significant price correction.

Positive
cover-imageCoinPedia
January 2, 2025

Why is Bitcoin Price Going Up Today?

The market has been showing signs of strength, especially with the recent break rally. This suggests that the bearish trend might be losing momentum, increasing the probability of an upward breakout. Altcoins are also looking promising, with several coins potentially completing their corrections and gearing up for the next upward movement in Q1.

Positive
cover-imageUToday
January 2, 2025

BlackRock's Bitcoin ETF Makes Top 3 Global ETF List

In a ranking of the top 20 exchange-traded funds (ETFs) in 2024, BlackRock's spot Bitcoin ETF, IBIT, came in third. In a post shared by Eric Balchunas, Bloomberg's senior ETF analyst on X, IBIT made the top three cut with a total flow of $37 billion.

Positive
cover-imageThe Daily Hodl
January 2, 2025

Crypto Analyst Michaël van de Poppe Says Solana Rival ‘Looking Juicy,' Updates Outlook on XRP and Chainlink

Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one Solana (SOL) competitor while offering his analysis on XRP and Chainlink (LINK). Starting with Sei (SEI), Van de Poppe tells his 759,100 followers on the social media platform X that the Solana rival is “looking juicy” at the current level.

Positive
cover-imageThe Currency Analytics
January 2, 2025

Bitcoin Could Reach $250,000, Says CoinShares Head of Research

James Butterfill, the Head of Research at digital asset manager CoinShares, has made an intriguing prediction about the future price of Bitcoin (BTC). In a recent interview with CNBC, Butterfill suggested that Bitcoin could eventually reach $250,000—a more than 166% increase from its current price.

Positive
cover-imageCrypto Economy
January 2, 2025

Pump.fun Sees $14M Daily Revenue as Memecoin Activity Peaks on Solana

TL;DR Pump.fun has generated over $398 million to date, emerging as one of the leading memecoin platforms in the Solana ecosystem. Despite the overall decline in the memecoin market, which lost over $40 billion in December, Pump.fun continues to show strong daily performance of $14 million. Beyond controversies and regulatory warnings, Pump.

Positive
cover-imageBenzinga
January 2, 2025

Bitcoin, Ethereum Spike 4% While XRP Surges 11% To Become Top 3 Crypto

Cryptocurrency markets are surging on the first official trading day of 2025, with the top three coins by market capitalization up between 4% and 11% before U.S. markets open. CRYPTOCURRENCY PRICE 24-HOUR GAINS +/- Bitcoin (CRYPTO: BTC) $96,595 +3.4% Ethereum (CRYPTO: ETH) $3,462 +4.0% XRP (CRYPTO: XRP) $2.40 +10.8% What Happened: XRP has overtaken Tether (CRYPTO: USDT) to become the third-biggest cryptocurrency by market capitalization, surging to $138 billion at the time of writing.

Neutral
cover-imageUToday
January 2, 2025

Adam Back Confirms He Did Not Own Any Bitcoin (BTC) Before 2013

Adam Back, a big figure in the world of cryptography and blockchain, recently shared something interesting: He did not own any Bitcoin (BTC) until 2013. Famous for inventing Hashcash in 1997, a proof-of-work algorithm designed to combat spam and denial-of-service attacks, Back's influence extends deeply into the development of modern blockchain systems.

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