Cryptocurrency markets are trading lower despite U.S. Bitcoin ETF inflows nearing $10 billion. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,080.94 -2.8% Ethereum (CRYPTO: ETH) $3,798.59 -4.7% Solana (CRYPTO: SOL) $222.86 -5.6% Dogecoin (CRYPTO: DOGE) $0.4355 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002971 -7.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.4% and daily active addresses increasing by 8.7%.
Bitcoin briefly rose back above $100K on Monday morning, but has since fallen, dragging many other major assets along with it.
Cardano, Stellar, and Neiro show potential bullish setups amid Bitcoin's decline. Learn about their key technical levels and breakout targets.
Shibarium has been making the headlines lately, recently blasting through another milestone.
Shiba Inu (SHIB) hovers on a razors edge after a steep 8.38% plunge shook its long-held support level. While buyers managed to push it back above this zone, SHIBs price trajectory hangs in the balance, with traders eyeing a decisive move.
Shiba Inu (SHIB) price has risen by 59.71% in the last 30 days, although its market cap has decreased from the $18 billion mark. Despite this decline, SHIB remains the second-largest meme coin in the market, only behind Dogecoin.
Shiba Inu (CRYPTO: SHIB) is seeing increasing burn rates even though prices remain stagnant. What Happened: Shibburn data revealed that 40.46 million SHIB coins were burned in a single transaction, pushing the burn rate higher by 876.05%.
Dogecoin ($DOGE) has been demonstrating strong upward momentum in recent weeks, with technical indicators showing that it is poised to reach new price levels. Currently, the crypto has exited the oversold zone and is approaching the overbought territory.
In a groundbreaking achievement, Cardano's layer-2 scaling solution, Hydra, has shattered expectations by processing $2 billion in transactions in just four hours, surpassing the capabilities of global payments giant Visa.
Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?
The price of Dogecoin has fallen by 4% today, but its indicators suggest it will break through the $0.50 resistance level by the end of the year. The post Dogecoin Breaks Key Resistance – $1 DOGE Incoming? appeared first on Cryptonews.
Shiba Inu's Shibarium upgrade integrates the new FHE technology, setting a new privacy standard in DeFi.
The Dogecoin price shows signs of continued bullish momentum, as a crypto analyst has predicted a potential breakout towards the $0.74 all-time high. This significant price surge is expected to occur following the meme coin's consolidation phase, which began after its recent rally above the $0.4 level.
Crypto analyst Master Kenobi has again alluded to the 91-day pattern to provide insights into where the Dogecoin price could be headed next. The analyst suggested that things could turn out differently for DOGE as its price action hasn't exactly followed this historical pattern.
Guess who just broke into crypto's top 20 by market cap? If you bet on a certain green frog, you guessed right.
Shiba Inu price, a meme-based cryptocurrency, surged 60% over the past month, capturing significant market attention. Despite minor pullbacks, SHIB maintains a strong bullish trajectory, signaling potential for further growth in 2024.
The cryptocurrency market is experiencing euphoria, with Bitcoin vaulting above $100,000, propelled by more than $33 billion flowing into the world's largest crypto asset through spot ETFs.
Elon Musk and Vivek Ramaswamy are leading the Department of Government Efficiency (DOGE), an initiative aimed at cutting U.S. federal spending and reducing government waste.
Shiba Inu price suffered a harsh reversal on Monday, Dec. 9, as Bitcoin and other altcoins retreated. Shiba Inu (SHIB) dropped by about 7% to a low of $0.000030, much lower than this month's high of $0.000033.
Bitcoin's dip impacts Ethereum and XRP, but memecoins like Dogecoin, Baby Doge Coin, and Floki signal bullish continuations with potential for up to 60% gains.
Dogecoin's price dropped by 5% in the last 24 hours, but the bearish trend might change.
According to data from analytics site IntoTheBlock, Cardano (ADA) recorded $25.48 billion in large transaction volume, representing a 9.42% increase over the previous day.
The new week on the crypto market opened in the red when, after several weeks of growth since November, the prices of digital assets succumbed to a correction. Diving into the details, it is clear that the total crypto market lost a total of $161.38 billion at the peak of the fall, of which more than 60% is the share of Bitcoin (BTC), which lost six figures and is now trading at $99,000.
A new week has started with a market correction, as all of the top 10 coins are in the red zone, according to CoinMarketCap.
In recent hours, a substantial quantity of DOGE was transferred to Binance, one of the world's largest cryptocurrency exchanges.
The lead developer of the Shiba Inu team known, under the pseudonym Shytoshi Kusama, has published a tweet that illustrates the way people feel at the very start of their journey on the path of crypto and after spending three years on it already.
On Sunday, the X account of the Cardano Foundation was hacked by an unidentified entity, leading to the spread of false information about the Cardano project.
A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.
Cardano co-founder Charles Hoskinson revealed ongoing discussions with Ripple executives about integrating XRP into Cardano's Midnight sidechain.
As Bitcoin turns sluggish, the memecoin mania has also faded to a large extent. The most dominant memecoin, Dogecoin, has now turned bearish as the BTC price is flashing bearish signals.
Cardano (ADA) has emerged as one of the standout performers in the cryptocurrency market this year, with its price surging from $0.60 at the beginning of 2024 to $1.13 at the time of writing—a 90% year-to-date (YTD) gain.
37.06 million Cardano tokens, worth $43.36 million will be unlocked this week. Here's how that might affect ADA's price.
Cardano's price took a hit, dropping 8% in the past 24 hours to around $1.10. With Bitcoin slipping below $100K, is ADA at risk of falling below $1?
In a significant update for the Dogecoin community, a crucial reminder has been issued to Dogecoin node operators. Dogecoin node operators have been urged to take immediate action to upgrade their systems following the release of Dogecoin Core 1.14.9.
It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.
Technical analysis shows that the Dogecoin price is still on track to reach new all-time highs this bull cycle, especially with history pointing to similar bullish scenarios that have played out before. By analyzing historical cycles on Dogecoin's monthly chart, patterns emerge that suggest a possible path toward the much-anticipated $10 milestone.
Dogecoin's (CRYPTO: DOGE) strong gains in November point to overall bullish sentiment, but traders expect a pullback in the near term. What Happened: Crypto trader Cold Blooded Shiller analyzed in a post on X how Dogecoin's recent rally mirrors the market's emotional state.
Dogecoin has captured market attention with its rally to $0.6, fueling predictions of a rise to $0.93 and even $1.05. Despite a recent dip, analysts remain optimistic about DOGEs long-term potential in the evolving crypto market.
A crucial resistance level that might determine Shiba Inu's short-term course is drawing near. Since the asset's recent rally appears to be slowing down, SHIB is probably going to experience a lot of selling pressure near the transactional resistance level of five trillion SHIB that has the power to make or break its next significant price shift.
The crypto market has seen impressive growth recently. In the initial stages, as usual, Bitcoin dominated the market. Recently, Altcoins have taken center stage, with cryptocurrencies like Cardano showing impressive momentum. In the last 30 days, Cardano has seen a growth of 155.2%. Where is the ADA market heading to? Let's understand what experts think.
As Bitcoin ($BTC) continues its latest correctional phase, the memecoins are falling much faster. $DOGE, $PEPE, and $WIF are crowd favourites.
TL;DR Charles Hoskinson seeks to integrate RLUSD, Ripple's stablecoin, into Midnight, Cardano's privacy sidechain, following years of tensions with Ripple. RLUSD would bring financial stability to Midnight, which already uses the tokens NIGHT (transactions) and DUST (governance and staking). Tools like Marlowe could facilitate the expansion of RLUSD and XRP, strengthening interoperability between both blockchains..
Dogecoin price has noted a robust rally over the last few days, indicating strong market confidence towards the meme coin. However, the DOGE rally has taken a pause recently, which has sparked widespread discussions among investors about the potential next move of the coin.
The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.
TL;DR The Cardano Foundation's X account was hacked, leading to the promotion of a fake token called ADAsol and false claims about an SEC lawsuit. The ADAsol token scam generated over $500,000 in trading volume before being exposed, and the false SEC lawsuit claim led to a brief 4% drop in ADA's price.
Dogecoin experienced a modest rally yesterday, breaking past its local highs and reaching $0.484. The move excited the DOGE community, as the meme coin seemed ready for further gains.
Cardano (ADA) has been gaining significant attention from both traders and investors as it recently displayed a notable surge, benefiting from a broader market recovery. After bouncing from an intraday low of $1.13, Cardano rose 6%, reaching above $1.20.
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