Crypto prices for some coins rose sharply as the cryptocurrency market experienced notable gains on Friday, October 11. Bitcoin reclaimed $62k and most top altcoins traded higher, with notable surges for Ethena and Celestia.
Karate Combat, a web3 professional strike league, is set to launch its layer-2 blockchain network on Hedera. In an announcement on Oct.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Recognized as the first sector-specific Layer 1 (L1) blockchain, Sei represents a pioneering approach within the blockchain ecosystem. It is specifically designed to enhance the functionality and performance of Decentralized exchanges (DEXes) within the ecosystem. Moreover, it focuses on optimizing trading processes, hence offering exchanges a significant competitive edge.
Hedera, a proof-of-stake platform, wasn't spared from aggressive bears in early October. After HBAR, its native token, floated higher in September, the rejection of bulls in early October resulted in a double top.
In a wide-ranging exclusive interview with Cryptonews Podcast, Isha Varshney, the Head of Ecosystem at the Celo Foundation, discussed actual real-world use cases and their vast benefits, as well as the concept of reputation-based credit.
Crypto analyst Egrag has once again shared a bullish analysis of Hedera Hashgraph (HBAR), predicting a potential 30x increase (2,900%). His latest chart analysis (HBAR/USD) presents a view where HBAR stands in the current market cycle, highlighting key Fibonacci retracement levels and critical price points that could guide HBAR's movement in the months ahead.
A widely followed crypto analyst believes one Ethereum (ETH)-based altcoin is gearing up for a massive breakout.
The first-ever HBAR trust fund in the States puts Hedera's native crypto within reach for top-notch institutional investors.
TL;DR Canary Funds launches Canary HBAR Trust in the U.S., providing institutional investors with a regulated avenue to acquire Hedera's native token, HBAR, and paving the way for future HBAR ETFs. HBAR gains traction due to its support for asset tokenization, Web3 applications, and NFTs, with the Hedera Foundation emphasizing the potential for increased institutional investment opportunities.
Hedera's recent rally has positioned it near key resistance—can bulls maintain the momentum or is a pullback imminent?
Canary Funds has launched an investment vehicle called Canary HBAR Trust in the United States to give institutional investors access to HBAR. The investment vehicle is part of Canary Fund's objective to pave the way for HBAR exchange-traded funds (ETFs).
Canary Capital has introduced the U.S.'s first HBAR Trust, expanding crypto options for institutional investors. This move offers institutional investors access to Hedera's (HBAR), the native crypto of the Hedera network.
The first US HBAR Trust went live recently, sparking discussions over a potential Hederal ETF launch. The launch of the Bitcoin and Ethereum Spot ETF in the US has fueled discussions over which altcoins will be there in line to witness an ETF launch in the same market.
Ethereum's most feared cryptocurrency, Solana ($SOL), is facing stiff competition from new scaleable Layer 1s that are growing in price at a much quicker rate.
SEI's surge in TVL and volume along with price indicates strong bullish momentum and further gains.
Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
October is historically a bullish month for the crypto market. Because of this, investors might be on the lookout for hidden gem altcoins that could bring significant gains.
HBAR poised for 65% gains with rising dominance, whale activity, and liquidity.
As Bitcoin broke the $65,000 barrier, altcoins like SHIB, W, and SEI rallied, fuelled by bullish market sentiment.
Sei (SEI) and Sui (SUI) have been trending closely together, with both showing significant price movements. However, recent shifts in market dynamics suggest that Sei might be poised to outperform Sui in the near future.
Solana which entered the crypto space being one of the tough competitors of Ethereum is often compared and equated with the other chains like SUI or SEI. These tokens have gained enough attention from the market participants as they surged over 150% in very little time.
Uptober is just around the corner. Crypto traders are eagerly anticipating the market's usual rally at this time of year.
As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.
As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.
Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.
Grayscale Research has published a new list of 20 digital assets that have high potential in the fourth quarter of the year.
The implementation of USDT on Celo and the success of MiniPay contribute to the rapid expansion of the network
Bitgert, Floki Inu, and SEI are potential leaders of the 2024 bull market. While there are many choices, Bitgert (BRISE), Floki Inu (FLOKI), and SEI Networks (SEI) stand out as projects with exceptional quality that give the options of announcements and growth that they have.
With the altcoin leader, Ethereum holding its price above the $2,600 mark, the Layer-1 (L1) market has regained momentum. Notably, some altcoins have recorded a double-digit surge within the past seven days. This indicates a rising dominance of altcoins in the crypto space. Following this, investors are raising speculations about a potential AltSeason.
The CELO token has rallied nearly 20% in the past 24 hours.
The Sei & Sui prices have been ranging pretty high together for some time. While the SUI price led the rally, the SEI price silently followed the trend. As the market dynamics are changing, the SEI price is gaining huge momentum and rising above the crucial resistance zone.
Ethereum co-founder Vitalik Buterin has commended the recent development of Celo Network, a mobile-first blockchain platform.
SUI and SEI resemble Solana's 2021 pattern, poised for potential gains.
The mobile-first blockchain has recently achieved a significant milestone.
Blockchain data shows Celo's growth was boosted by key applications like Minipay and Valora, particularly in markets like Nigeria and Kenya.
Bitcoin holds above $63k as SEI, WLD, and POPCAT top the altcoin gainers' list.
The $SUI token underpinning the Layer 1 SUI network is closing on a new all-time high (ATH) today, while the similarly named $SEI from the Sei protocol is the best-performing Layer 1 token this week.
SEI's recent surge has sparked optimism as rising volume and TVL indicate strong market interest.
The cryptocurrency market remains a mix of volatility and opportunity. While Bitcoin struggles to maintain its momentum against the 200-day moving average, several altcoins are displaying notable strength.
TL;DR Vitalik Buterin's Praise: Ethereum co-founder Vitalik Buterin praised Celo for surpassing Tron in daily active stablecoin addresses, marking a significant milestone. CELO Token Surge: Following Buterin's endorsement, Celo's native token, CELO, surged by approximately 25%, reaching $0.68.
Celo surpasses Tron in stablecoin usage, driven by African app adoption. Vitalik Buterin praises Celo's impact on global payment accessibility and finance.
Vitalik Buterin also talked about the Celo blockchain for transitioning from a standalone Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain to an Ethereum Layer 2 blockchain.
CELO's surge highlights the growing influence of endorsements in crypto markets and underscores the potential for increased global financial inclusion. The post CELO jumps 25% after project gains endorsement from Vitalik Buterin appeared first on Crypto Briefing.
Artemis, an institutional data platform for digital assets, noted that Ethereum layer-2 blockchain Celo (CELO) recently outperformed Tron (TRX) in daily active addresses. This growth is fueled by stablecoin adoption and usage.
Celo recorded a remarkable price spike within an hour after Ethereum's Vitalik Buterin gave the project a positive endorsement.
Vitalik Buterin noted that Celo's second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.