Internet Computer's token remained in a tight range on Friday despite a popular crypto researcher criticizing its technology. Internet Computer (ICP) token was trading at $11.18, up 93% from its 2024 low.
The crypto market capitalization pushed above $3.50 trillion on Thursday after rising 2.29%, an increase of over $150 billion in 24 hours. Bitcoin (BTC) continued its upward trajectory, briefly reaching $102,000 before a marginal drop to its current level of $101,482.
Cryptocurrency analyst Benjamin Cowen is issuing a warning on Bitcoin (BTC) as the flagship digital asset hovers below $100,000. In a new video, Cowen tells his 858,000 YouTube subscribers that a continued rise in the yield on the US Treasury 10-year will have a bearish impact on Bitcoin.
Tokens related to artificial intelligence are experiencing a significant rise following a report from Franklin Templeton published on January 14, predicting an imminent revolution in social media driven by AI agents. This announcement comes amid a context where the adoption of AI technologies in the crypto ecosystem is rapidly accelerating.
The cryptocurrency sector rose by 2.29% to $3.36 trillion as markets recovered, driven by a resurgent Bitcoin (BTC) crossed the $97,000 mark, up over 2% in the past 24 hours. BTC briefly dropped below $90,000 earlier in the week, spooking markets and leading to a considerable decline among cryptocurrencies.
AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote.
Fresh off completing significant technical upgrades, Ali is now laser focused on growing Stacks' user base.
Supply distribution of MANA showed that some of the larger cohorts of holders were accumulating the token since late November.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
Altcoins like SPX, INJ, and SAND are trending today due to significant price movements and increased market attention. SPX has surged 17% in the last 24 hours, reaching a market cap of $1.4 billion and securing its position as the 9th largest meme coin.
Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6.
Bitcoin bulls keep pushing for $100,000, and if they make it, SUI, ENA, SOL and ICP could also break out.
Cryptocurrency prices today show strong bullish momentum, with Bitcoin rallying to $98K from $92K in a single surge as it marks its 16th anniversary. Internet Computer (ICP) and EOS emerged as top gainers, each recording a 15% price jump over the last 24 hours.
Internet Computer token rose for the third consecutive day as data showed an intensified burn cycle for the token. Internet Computer (ICP) token climbed to an intraday high of $12, significantly higher than last month's low of $8.83.
The crypto market has gotten off to a flying start to 2025, recovering from recent losses as investor optimism returns. Bitcoin (BTC) crossed $95,000, reaching an intraday high of $97,721 before registering a marginal drop and dropping to its current level of $96,712.
Santiment data shows Decentraland (MANA), an Ethereum-based digital reality platform, dominated the NFT marketplace over the past month. Details show Decentraland boasted 116.27 GitHUB events within the previous 30 days. That reflects massive developer participation within the non-fungible token ecosystem. Decentraland team stirs confidence Santiment's GitHub data analyzes significant developments within a project.
The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) continues to clock more development activity than any other non-fungible token (NFT) project, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 116.27 notable GitHub events in the past 30 days.
THETA's price action will be based on a few key factors working out.
Theta has established itself as a promising platform aimed at transforming the video content delivery model. This innovative approach not only enhances streaming efficiency but also reduces dependency on centralized systems, making it a key player in the blockchain-powered media sector.
Bitcoin (BTC) didn't bring much holiday cheer to investors as it remained under $100,000. BTC has been marginally down over the last 24 hours and is trading at around $98,100.
The Sandbox [SAND], a major player in the blockchain gaming sector, has recently captivated traders with a significant breakout above a crucial resistance level of $0.62. This development has fueled speculation about SAND's potential to reach the $1 milestone, driven by growing market momentum and favorable on-chain activity.
SAND targets $1.00 after breaking key resistance with bullish signals driving momentum.
Latest updates on the coins SAND, QNT, and OM.
With Bitcoin ($BTC) potentially bringing its latest reversal to an end, the altcoins are primed to run. Solana ($SOL), Binance Coin ($BNB), and Theta Network ($THETA) are three likely candidates for breakouts.
Stacks (STX) has experienced a significant 26% decline over the past week, with its price falling to around $1.71 at the time of writing. The cryptocurrency has dropped sharply, but it is approaching a crucial support level, which could signal a potential rebound.
In the ever-evolving world of cryptocurrency, investors are constantly on the lookout for the next big opportunity. Internet Computer ($ICP) and Altura ($ALU) have emerged as prominent contenders, each offering unique value propositions.
Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of.
Stacks (STX) tumbled by 26% in a week, approaching the critical $1.75 support within a bullish channel.
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.
Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18.
Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.
Starting in January 2025, Travala is the top crypto-friendly travel platform. This will let users book flights, hotels, and activities using sBTC and $STX.
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TL;DR Stacks has successfully launched sBTC on the mainnet, enabling Bitcoin integration into decentralized finance (DeFi). sBTC is fully backed by Bitcoin, ensuring its security and offering new opportunities in decentralized lending and exchanges.
The initial launch will allow deposit-only functionality with multiple features expected to follow in the first half of 2025.
According to reports from Bitcoin L2Labs, which leads the development of the layer-2 of Bitcoin Stacks, the launch of sBTC has been made official.
Ape Terminal, the platform to have emerged as Web3's most liquid primary market - connected to over $1.7 billion worth of assets and 500,000+ active accounts, growing at over 4,000 active users per day, is all set to host its next big launch, EARN'M.
Stacks (STX), the blockchain project aimed at bringing smart contracts and decentralized applications to Bitcoin, has been experiencing notable upward momentum recently. In the past 24 hours alone, the cryptocurrency has surged by 11.63%, climbing from $2.27 to a high of $2.62 before slightly pulling back to $2.53.
Bitcoin L2 Labs, the core development team behind Stacks, announced the successful mainnet launch of a programmable 1:1 Bitcoin-backed asset, sBTC. It marks a major step toward building an on-chain Bitcoin economy and follows October's Nakamoto Upgrade, which delivered faster transactions and 100% Bitcoin finality to the Stacks network.
STX has experienced a strong upswing over the past month, hiking by 29.42%.
Several events are in the pipeline for the top crypto news this week, including updates in the Fantom ecosystem, the planned release of Stacks' network, project listings and airdrops, and key token unlock events.
The cryptocurrency market witnessed a significant upswing on December 16, with Bitcoin (BTC) hovering around $105K at press time. Earlier, BTC reached an all-time high of $106,400. The broader market followed suit, as major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), recorded steady gains.
Today, the crypto prices reflect bullish momentum as Bitcoin (BTC) touched a historic all-time high of $106K. Major altcoins like Ethereum (ETH), XRP, and Solana (SOL) also witnessed gains over the last 24 hours.
The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level. According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.
Thailand's former Prime Minister, Thaksin Shinawatra, has called on the government to explore the potential of cryptocurrencies. The post Ex-Thai PM Thaksin Shinawatra Urges Government to Embrace Crypto and Sandbox Innovation appeared first on Cryptonews.
The next few days and weeks could be key for APE's price action.
A closely followed crypto analyst believes that the altcoin market is entering an uptrend after bottoming out.