As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.
Cardano's Long/Short ratio, Futures Open Interest, and OI-Weighted Funding Rate are flashing bullish signals.
Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level. Although these concerns were eased with a subsequent bounce to $2,460 on September 13, Ethereum remains largely in a downtrend, with a triple-bottom price formation now shaping up.
Hougan describes Ethereum as "the Microsoft of blockchains."
Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana's inability to keep up with the market's recent surge.
As of now, BNB is trading just below the $550 mark, following a successful breach of the $540 resistance area. This momentum has led many traders to speculate about the coin's next moves, especially as the broader cryptocurrency market shows signs of bullish activity.
Ethereum's 2024 triple bottom mirrors 2021, with critical resistance and network activity in focus.
It appears that XRP whales are frustrated due to the current bearish market sentiment. Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the Bitstamp cryptocurrency exchange.
Binance Coin (BNB), one of the leading cryptocurrencies, has recently made headlines with its impressive performance. On September 17th, BNB successfully retested a crucial level of $530, and this development could signal a significant price rally in the near future.
Solana has revealed a major update for the developers, cutting costs by 1000X for them. In a recent update, the leading crypto player announced that the ZK Compression is live on its mainnet now.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50-basis-point interest rate cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
ETH price struggles to find reasons to rally after the network's DApp volumes drop and Ether languishes near the $2,250 support.
Hemi Labs, the brainchild of former Bitcoin core developer Jeff Garzik, announced on September 18 that it raised $15 million in a funding round to develop its new blockchain network, Hemi.
In this bearish market sentiment, crypto whales have begun showing interest in Ethereum (ETH), the second-biggest cryptocurrency by market cap. On September 18, 2024, the on-chain analytics firm Lookonchain made a post on X (Previously Twitter) stating that a whale who sold 5,690 ETH, worth $13.1 million, yesterday has bought back 5,660 ETH worth $13.
WisdomTree launched an Ethereum-based platform for tokenized real-world assets (RWA) called WisdomTree Connect on Sept. 18. The platform's goal is to allow customers to interact with any WisdomTree-issued token on different blockchains.
As the Ethereum ecosystem continues to evolve, it is crucial to understand how to navigate the decentralized environment. However, a market expert offering insights on the subject has disclosed that Ether (ETH) is the key to exploring the ecosystem, suggesting that holding the altcoin is crucial for those aspiring to get on board.
Cardano (ADA) has made headlines by decisively winning a recent poll conducted by Weiss Crypto, a respected ratings agency in the cryptocurrency sector. The survey, which garnered over 7,000 votes, revealed that a staggering 76% of respondents believe Cardano boasts the best technology among altcoins.
Ethereum faces liquidity pressure, but bullish indicators and ETF outflows persist.
Popular crypto analyst Benjamin Cowen thinks Ethereum (ETH) is close to bottoming out against Bitcoin (BTC). Cowen tells his 856,500 followers on the social media platform X that he thinks the ETH/BTC ratio will bottom out between 0.03-0.04 BTC and then trend up next year.
Ripple's XRP is facing a challenging period as it struggles to recover from a significant market slump.
The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL).
Cryptocurrencies are registering an uptick as the market reacts to the Federal Reserve's interest rate cut on September 18. After topping $61.2k on Tuesday, BTC slipped back under $60k as market jitters resumed. However, with the Fed's 50 basis point interest rate decision, Bitcoin is back above $61k.
In a new X post, on-chain sleuth ZachXBT revealed that several large accounts on X have been compromised and promoting a Solana memecoin scam with the ticker $HACKED. Community Alert: A number of large accounts on X currently have their account compromised and are posting a meme coin scam.
Cryptocurrency markets are trading relatively flat after the Federal Reserve announced a 50 basis points cut, making risk assets more attractive. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $60,376.37 -0.4% Ethereum (CRYPTO: ETH) $2,322.72 -1.3% Solana (CRYPTO: SOL) $130.3 -1.7% Dogecoin (CRYPTO: DOGE) $0.101 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00001334 -0.04% Notable Statistics: IntoTheBlock data shows an 8% decline in large transaction volume and a 4% increase in daily active addresses.
Despite its unimpressive price performance, industry commentators have maintained faith in the price of Ripple's XRP, offering ultra-bullish price forecasts for the cryptocurrency. Some have suggested that XRP will hit $1,000 at some point in the future.
Revolut, the London-based fintech company, might soon join San Francisco-based blockchain payments firm Ripple in the competitive world of stablecoins.
Church of Smoking Chicken Fish evolved from a memecoin into a church. Now, it faces infighting and rug-pull accusations.
After a solid bullish rebound, Ripple's price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance.
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During Wednesday's U.S. trading session, the cryptocurrency market saw a slight downturn, with Bitcoin struggling to maintain above $60,000. Meanwhile, the Ethereum price dropped by 1.8%, extending its correction as Q3 neared its end.
Cardano (ADA) is making headlines as it forms a symmetrical triangle pattern on its price chart, a technical signal that could indicate significant price movement in the near future. After experiencing a notable decline over the past four months, Cardano's price has drawn the attention of market analysts, particularly in the context of broader economic factors and network activity.
Vitalik Buterin breaks into song at Token2049, channeling his Ethereum rap days while splitting opinions.
This article evaluates the potential of Ethereum to surpass $3k in September based on insights from cryptocurrency experts and analyses of key altcoins. Stay updated with the latest Ethereum predictions and market trends.
Most of the coins have faced a correction, according to CoinStats.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Last week's Ethereum ETFs outflows resulted in weak demand this week. We explore key observations that may point to the shifting tide.
Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market
Regulatory uncertainties and competition notwithstanding, Matt Hougan believes Ethereum is underappreciated.
The Ethereum network, one of the leading blockchain solutions has once again taken a hit as the network's average staker revenue over the past few days has witnessed a sharp decline, indicating a decrease in users' or stakers' interest and engagement.
Solana has been one of the top-performing assets in recent years, establishing itself as a suitable choice for trading and long-term investment. Following a six months consolidation, the Solana price prediction is positioned for directional rally leaving investors curious—what could a $5,000 investment in this altcoin turn into if the SOL price surged by 1,000%?
As the cryptocurrency market expands, investors are constantly on the lookout for the next major opportunity. While popular crypto assets like XRP and Solana (SOL) have gained traction due to their established ecosystems, experts believe a lesser-known token, Rexas Finance (RXS), could offer even greater returns in a shorter period.
Matt Hougan remains optimistic about Solana ETFs despite multiple setbacks.
Over the past 24 hours, XRP's price has experienced a downturn, falling 1.37% following a brief uptick. This follows Ripple's move to reaffirm its presence in the crypto space, taking a new direction by going “all in” on stablecoins and custody services.
Ethereum L2 fees reduced to near zero, enhancing affordability. Ethereum's transaction confirmation times significantly improved post-Merge.
During the Financial Markets Quality Conference 2024, Ripple's Chief Legal Officer, Stuart Alderoty, discussed the ongoing challenges faced by the crypto industry due to unclear regulatory frameworks in the United States. He said that once the regulatory clarity is resolved, Ripple will position itself as the most reliable provider of enterprise crypto solutions in the
In the recent Financial Markets Quality Conference 2024, Ripple's Chief Legal Officer, Stuart Alderoty spoke along with the high-ranking representatives of crypto giants like Robinhood, Grayscale, and others. He yet again reflected on the lack of clear cryptocurrency regulations in the U.S., and referred to the situation as a ‘regulatory cloud'.
Cardano is set to see a rise in user adoption after the much-awaited release of Midnight's whitepaper, dubbed the "Nightpaper."