Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.
AVAX hasn't caught the eye of many, when compared to other altcoins. At least not yet.
KernelDAO, a leading restaking protocol, has launched a $40 million Ecosystem Fund to accelerate the development of its platform and strengthen its presence within the BNB Chain ecosystem.
Solana price has surged this week, and the rising odds of a SOL ETF may push it higher this year. One way of taking advantage of SOL's price action is to invest in top Solana rivals that could replicate its success this year.
The market intelligence platform IntoTheBlock has explained why Avalanche (AVAX) could be a key network to watch in the cryptocurrency sector. Avalanche Has Been Witnessing Consistently High Activity Recently In a new post on X, IntoTheBlock has discussed about how two network-activity related metrics have been like for Avalanche recently.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) While altcoins such as XRP, SOL, and BNB have made new records since November 2024, Ethereum continues to struggle with a modest 3% price increase this week.
Cryptocurrencies recorded significant surges over the past few sessions as bulls emerged ahead of Donald Trump's inauguration ceremony. Crypto trading platforms confirm the prevailing enthusiasm with surged trader activities. BitDegree data shows Binance's 24-hour trading mushroomed from $4.78 billion on 11 January to yesterday's peak of $19.06 billion. That suggests a staggering 298.
BNB price is consolidating above the $700 support zone. The price is consolidating and might aim for a fresh increase above the $720 resistance.
Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD (USDT) stablecoin. The Omnichain Fungible Token (OFT) standard, developed by LayerZero, will power the cross-chain transfers.
Amid improving network health, the Avalanche price trend reveals a breakout possibility. Will this breakout run reach the $50 milestone?
Bitcoin's recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.
SOL and BNB showed positive signs hinting at the correction completion. Further confirmation is needed as the prices now reached key resistance levels.
The latest price analysis by Coinidol.com report, the price of Avalanche (AVAX) has ended its decline after hitting a low of $33 on December 20, 2024.
The U.S. Supreme Court has denied Binance's appeal to overturn a class action lawsuit, a decision that has reverberated across the crypto market. Binance Coin (BNB), the native token of the Binance ecosystem, bore the brunt of this legal blow, dropping to a multi-week low of $660 before partially recovering to $687 at press time.
A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
Gary Gensler's resignation next week could bode well for tokens that have been previously targeted by U.S regulators.
Explore the BNB Testnet Faucet, a crucial tool for developers to test applications and smart contracts in a risk-free environment before mainnet deployment.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) has fallen below the moving average lines, reaching a low of $659 on January 13.
BNB faces growing bearish pressure as technical and market indicators point to potential correction.
Bitcoin's fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
The market seems unlikely to make a reversal, according to CoinStats.
AVAX faces continued selling pressure with key technical indicators pointing to further downside potential as price trades below crucial resistance at $40-$42 while approaching important support at $27.
Avalanche (AVAX), known for its lightning-fast blockchain transactions, is currently navigating a challenging phase in the cryptocurrency market. Trading at $36.72, the AVAX/USDT pair has been showing signs of a bearish trend, compounded by broader market pressures and technical resistance zones.
AVAX's short-term price action depends on a few key factors going forward.
Derivatives data and price action revealed key market dynamics and trader positioning shifts.
The overall cryptocurrency market sentiment appears negative, amid this, Avalanche (AVAX) has gained significant attention from investors and whales, as reported by the on-chain analytics firm IntoTheBlock. Large Transactions Volume Soars by 71% Data from IntoTheBlock reveals that the large transaction volume on AVAX has surged by 71.09% in the past 24 hours.
A significant event in the cryptocurrency market has emerged as a whale deposited a substantial $28.5 million worth of Wrapped Bitcoin (WBTC) to Binance on January 9, 2025. The sale, which involved 300 WBTC, resulted in an impressive profit of nearly $10 million for the trader.
Bitcoin's bounce above $94,000 suggests that the bulls remain buyers on dips, increasing the possibility of a retest of $100,000.
Binance Coin, the fifth-largest cryptocurrency by market capitalization, has largely avoided the ongoing crypto crash and is hovering near its all-time high.
Solana price today remains under pressure as bulls attempt to buy the dip following a 30% crash from its December highs. While BNB has also dropped, its performance has been less severe than SOL and other top altcoins.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum tried to move above $3,600 this week but was quickly stopped by sellers who came in force to push the asset back to the key support at $3,200.
Avalanche (AVAX) has been experiencing mixed signals recently, with notable growth in transaction activity but a concerning decline in liquidity. After hitting a high of $4.68 billion in stablecoin market cap in March 2022, Avalanche has seen a significant loss, shedding over $1 billion from its stablecoin market cap in the past 10 days.
BNB's short-term price targets depends on a few key factors.
Avalanche network activity flashes mixed signals as transaction growth remains strong, but network liquidity takes a hit.
BNB is attempting to breach the $741 resistance level, which stands as a critical barrier to reaching its all-time high (ATH) of $793.
Bhutan's Gelephu Mindfulness City experiments with Bitcoin, Ether, and BNB in its reserves.
The latest price analysis by Coinidol.com report, Avalanche (AVAX) prices continue to trade below the moving average lines but above the $35 support level.
Binance Coin (BNB) has found itself in a precarious position recently, hovering around $696.40 after experiencing a significant 4.58% decline over the past two days. This downturn comes despite BNB's relatively strong performance earlier, highlighting potential underlying weaknesses in its price action.
Gelephu Mindfulness City, Bhutan's Special Administration Region, has revealed plans to include Bitcoin (BTC), Ethereum (ETH), and BNB in its strategic reserves.
BNB shows signs of recovery as price stabilizes above $675 support, with technical indicators suggesting potential upward movement toward $710 and $725 resistance levels.
A special administrative region in Bhutan announced on Wednesday that it will hold Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and BNB Coin (CRYPTO: BNB) as part of its strategic reserve. What happened: Gelephu Mindfulness City, situated in the south-central part of the Himalayan nation, said in a statement that they opted for cryptocurrencies with large capitalizations to ensure ease of trading and to avoid liquidity risks.
BNB price is consolidating above the $675 support zone. The price is consolidating and might aim for a fresh increase above the $700 resistance.
The latest price analysis by Coinidol.com report, the price of Binance Coin (BNB) is holding above the 21-day SMA support and below the $745 resistance level.
Bitcoin's sell-off shows no signs of forming a bottom, which is destroying traders' appetite for altcoins.
Bhutan's Gelephu Mindfulness City pioneers adoption of digital asset strategic reserves. The city plans to set up an advisory panel on digital assets for GMC.
Bhutan is already heavily invested in bitcoin through its hydroelectric-powered mining operations, holding 12,211 BTC ($1.2 billion).
Gelephu Mindfulness City (GMC), a Special Administrative Region (SAR) in Bhutan, has incorporated digital assets like Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) into its strategic reserves.
Bhutan's Gelephu Mindfulness City (GMC) has unveiled plans to include Bitcoin, Ethereum, and BNB in its strategic reserve assets, according to a Jan. 8 statement. This decision marks a significant milestone as GMC becomes one of the first Special Administrative Regions (SARs) to incorporate digital assets into its reserves.