According to U.Today, IntoTheBlock has released a report focusing on Ethereum‘s on-chain activity, highlighting several potential resistance points. Despite the market’s attention on Bitcoin, Ethereum owners are optimistic about a price increase in the near term, with minimal selling pressure observed. The report identifies five crucial indicators for traders and investors to monitor, which could… Read More »
According to U.Today, the volume of XRP payments between accounts has significantly decreased over the past four days, dropping by more than two million. This decline follows a period of heightened activity on the XRP Ledger, raising concerns about the sustainability of the recent price increase and on-chain performance. Earlier this month, XRP experienced a… Read More »
According to U.Today, Pavel Durov, the creator of Telegram, recently highlighted the financial success of a developer who created a mini app on the Telegram platform. In a tweet, Durov shared that this developer managed to generate $1 million in net profit within just 20 days of launching the app. Remarkably, the developer accomplished this… Read More »
According to U.Today, Litecoin (LTC) has recently formed a golden cross on its daily charts, capturing the attention of the cryptocurrency community. This development coincides with Bitcoin‘s significant rise, nearing the $100,000 mark and reaching a record high of $97,931. A golden cross occurs when a short-term moving average surpasses a long-term moving average, indicating… Read More »
According to Odaily, Jaime Lizarraga, a Democratic member of the U.S. Securities and Exchange Commission (SEC), has announced his decision to resign more than two years before the end of his term. Lizarraga, who was appointed to a five-year term in 2022, cited his wife’s health issues as the reason for his early departure. His… Read More »
According to ShibDaily, recent developments in the cryptocurrency sector indicate a growing institutional and mainstream adoption, reflecting a shift in investor sentiment. Notably, Charles Schwab Corp. is preparing to enter the spot cryptocurrency market, underscoring the asset class’s increasing legitimacy. Incoming CEO Rick Wurster expressed his personal regret for not investing in crypto earlier, during… Read More »
On Nov 22, 2024, 23:11 PM(UTC). According to Binance Market Data, BNB has crossed the 630 USDT benchmark and is now trading at 630.01001 USDT, with a narrowed 1.16% increase in 24 hours.
According to Decrypt, President-elect Donald Trump has nominated Scott Bessent, a well-known hedge fund manager with a pro-cryptocurrency stance, to be the next Secretary of the Treasury. This announcement was reported by multiple news outlets late Friday. Bessent, who founded Key Square Group, has been a key economic adviser to Trump’s campaign and is anticipated… Read More »
According to BlockBeats, recent data from TradingView indicates that Bitcoin‘s market dominance, represented as BTC.D, experienced a decline over the past three days. On November 21, Bitcoin’s market share reached a high of 61.79%. However, it has since decreased, currently standing at 59.6%. This shift in Bitcoin’s market dominance reflects changes in the cryptocurrency market… Read More »
According to Foresight News, data released by IntoTheBlock reveals that funding rates for perpetual swap contracts have surged to over 10%, with some major exchanges reporting rates as high as 20%. This significant increase in costs reflects a growing bullish sentiment among traders. Although these rates remain below the peak levels observed in the first… Read More »