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news-imageOctober 22, 2024

Shiba Inu Sees 20% Surge: Are We Heading for a Bull Run? Ethereum Faces Concerns, Solana Hits Resistance

The cryptocurrency market is buzzing with activity as Shiba Inu (SHIB) recently posted an impressive 20% increase, discussions about a potential bull run. Meanwhile, Ethereum (ETH) is displaying some troubling patterns, and Solana (SOL) is hitting a critical resistance level at $160.
Publisher: The Currency Analytics
Sentiment: Neutral
ETH
SHIB

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Positive
cover-imageCoinPedia
October 22, 2024

Solana Price Prediction: Is $200 Within Reach for SOL?

After an impressive breakout last week, Solana (SOL), a fast-growing layer one (L1) chain with dozens of decentralized financial (DeFi) protocols, has gradually gained bullish momentum. The large-cap altcoin, with a fully diluted valuation of about $98 billion and a daily average traded volume of around $4.

Positive
cover-imageUToday
October 22, 2024

Possible Shiba Inu (SHIB) Golden Cross in 100 Days: Now or in 2025?

Within the next 100 days, Shiba Inu may be about to form a golden cross, which is traditionally regarded as a bullish signal on conventional financial markets. The onset of a notable uptrend is frequently linked to this technical formation, which happens when a shorter-term moving average (such as the 50-day EMA) crosses above a longer-term moving average (such as the 200-day EMA).

Negative
cover-imageCrypto Daily
October 22, 2024

Crypto Price Analysis 10-22 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, UNISWAP: UNI, DOGWIFHAT: WIF, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET

Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.

Positive
cover-imageNewsBTC
October 22, 2024

Solana Eyes New All-Time High Of $370 After Cup And Handle Breakout

Amid bullish predictions for the market's fifth-largest cryptocurrency, Solana (SOL), asset manager VanEck announced a significant upgrade to its Solana exchange-traded note (ETN), which now offers an automated staking feature, contributing to SOL's ongoing price recovery. New Staking Rules For VanEck's Solana ETN Matthew Sigel, head of digital asset research at VanEck, revealed that the Solana ETN, which trades under the ticker VSOL and currently has $73m in assets under management, will have rewards accrued and reinvested daily under the new staking rules, with the ultimate aim of attracting more investors and new capital.

Positive
cover-imageBenzinga
October 22, 2024

Trump's McDonald's Visit Has Shiba Inu Community Flaunting Its Meme Game — Kaal Dhairya Chimes In With 'One Shib At A Time' Reference

Former President Donald Trump's unconventional campaign stop at a McDonald's drive-thru gave the Shiba Inu (CRYPTO: SHIB) community an opportunity to flex their meme muscle, as they used clever wordplays to call attention to the ecosystem's cryptocurrency tokens. What happened: The Republican presidential nominee was seen serving customers and operating the fry cooker at the fast food joint in an effort to court working-class voters.

Neutral
cover-imageThe Currency Analytics
October 22, 2024

Vitalik Buterin Addresses Ethereum's Proof-of-Stake Risks

Vitalik Buterin, co-founder of Ethereum, recently shed light on the challenges posed by the Proof-of-Stake (PoS) mechanism within the Ethereum network. His insights focus on potential centralization risks and propose solutions to ensure the network's long-term security and efficiency.

Neutral
cover-imageThe Currency Analytics
October 22, 2024

Investors Eye Solana's Price Trends and Future Potential

Solana (SOL) has been experiencing a period of sideways trading for the past seven months, a trend that raises questions about the strength of its buyer base and the potential for a price correction. Currently priced around $171, the cryptocurrency has shown a daily increase of 2.84%, yet concerns linger over whether Solana could plummet to $50.

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