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.
A crypto strategist known for making timely altcoin calls believes layer-1 protocol Sui (SUI) is gearing up to spark breakout rallies.
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.
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.
SUI has made some gigantic moves recently, posting strong bullish signals. In the last week, SUI registered an impressive 33% rally, pushing the price up to $1.18 at press time.
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).
During the U.S. trading session on Wednesday, the cryptocurrency market witnessed a sudden uptick following the Fed interest rates by 50 BPS. The Bitcoin price surged above $60000 and sparked a renewed recovery momentum in the altcoin market.
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.
Up-and-coming finance-focused layer-1 blockchain protocol Sui (SUI) has been blasting higher recently, with the SUI price gaining 35% in the past seven days to hit $1.18, per CoinMarketCap data.
Church of Smoking Chicken Fish evolved from a memecoin into a church. Now, it faces infighting and rug-pull accusations.
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains.
Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.
As Bitcoin consolidates, CKB and SUI lead the top gainers while the market anticipates the upcoming Federal Reserve rate decision.
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Sui (SUI) has experienced a notable price surge in this struggling cryptocurrency market, resulting in a strong resistance breakout of $1.16. Following this breakout, the sentiment for SUI has turned bullish but it appears that a potential rate cut could spoil this positive sentiment.
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.
Sui investors are up 150% since the early August massive sell-off.
The crypto market continues hovering close to its valuation of $2.05 Trillion mark, indicating stability in the crypto space. Moreover, the market leader, Bitcoin price had reclaimed the $60K mark during the early Asian trading hours. This highlights increased price action.
Currently trading at approximately $132, SOL has experienced slight volatility due to broader market uncertainty, particularly surrounding anticipated interest rate cuts. However, the developments surrounding Solana could indicate an impending breakout.
TL;DR Gasless Transactions: BNB Chain introduces gasless transactions for stablecoins like USDT, USDC, and FDUSD, making transfers faster, cheaper, and more accessible. Enhanced Cross-Chain Liquidity: Collaborations with bridge providers like Celer enable zero-fee transfers and superior liquidity, simplifying asset movement across blockchains.
Blockchain network BNB Chain announced plans to collaborate with centralized exchanges to ensure users can make fee-free stablecoin deposits.
This new feature allows institutions to stake their SOL safely while earning rewards, all through an off-exchange settlement process. In other words, they can keep their SOL secure with Binance's partner, Ceffu Global, and still enjoy the benefits of staking.
SafePal and Bitget have already integrated the BNB Chain gasless solution, with additional support from the Binance Web 3 Wallet and Trust Wallet expected soon.
The Binance coin price plunged 0.66% during Asian trading hours on Wednesday. Despite the slight pullback, the BNB price maintains its prevailing bullish momentum amid the preparation of stablecoin-centric payment infrastructure and the upcoming release of former CEO Changpeng Zhao.
Pastor Kelby has been ousted from the Church of the Smoking Chicken Fish, following a number of allegations surfacing.
The price of Cardano has dropped by 1% today, with ADA falling to $0.3304 as the cryptocurrency market as a whole barely moves in the past 24 hours.
DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment.
Solana has fallen by 1.5% in the past 24 hours, with the SOL price moving to $130 as Bitcoin gains by over 2% today and most other major alts suffer similar drops.
Though BNB (BNB) has been trading with significant strength throughout 2024, the Binance cryptocurrency exchange's issues with the U.S. legal system have been a major cause of volatility since late 2023.
Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024.
MagicBlock has raised $3 million in pre-seed funding to advance its onchain gaming engine, backed by Andreessen Horowitz.
Explore how BNB Chain is shaping stablecoin use in DeFi, ecosystem diversity, user experience, and commercial applications.
BNB Chain partners with major CEXs and wallets to introduce gasless stablecoin transfers, enhancing cross-chain liquidity.
BNB Chain has announced new developments aimed at becoming the core infrastructure for stablecoin payments and digital financial transactions. This initiative focuses on gasless transactions across centralized exchanges, wallets, and bridges, making stablecoin payments faster, cheaper, and more accessible. Gas-free transfers for USDT, USDC, and FDUSD will be supported.
Sonic SVM, a key player in the Solana Virtual Machine (SVM) ecosystem, has announced the public sale of its HyperFuse Nodes, according to the most recent updates shared with Finbold on Wednesday, September 18.
Solana's price has fallen below a key support level, closing several daily candles under the 200-day EMA for the first time since September 2023.
Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.
Cardano has overwhelmingly won the vote on which altcoin has the best technology according to a recent survey by Weiss Crypto, a reputable ratings agency for cryptocurrencies and financial organizations. Cardano received more than 76% of the votes significantly surpassing both Ethereum (6.7%) and Solana (8.1%).
BNB Chain aims to make stablecoin payments faster, cheaper, and more accessible to users by focusing on gasless transactions between centralized exchanges (CEXs), wallets, and bridges.
Decentralized storage protocol Walrus aims to offer a cheaper, more secure and “tamper-proof” live archive of the crypto trade publication's content.
Sui has recorded an impressive price rally last day following the integration of native USDC on the platform. At the time of writing, Sui (SUI) was still up 10% over the past day, exchanging hands at $1.
BNB's price successfully retested its breakout level of $530 and is now poised for upside momentum.
After a few gushing hours today, the crypto market has witnessed quite a recovery, where the global market capitalization has grown to $2.08 Trillion. And the same is true with the trading volume, which is at $77.5 Billion after a 28% surge in the last 24 hours.