Story Highlights Cardano's price fails to hold its $1 mark. The ADA price records a strong bearish reversal and drops ~14% today. Technical indicators experience a bearish convergence, however, a potential bullish reversal can be expected. The cryptocurrency market has turned bearish this week with top tokens recording a significant drop in their respective portfolios.
As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.
Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.
Cardano price has faced a sharp reversal, dropping nearly 21% from its highest level this month as investors took profits. Cardano (ADA) was trading at $0.92 on Tuesday, Nov.
Chainlink grabbed headlines with a 10% rally last week, which pushed its monthly gains to 53%. This stellar performance by LINK has resulted in a bullish outlook for the Oracle token.
Pump.fun has accounted for over 60% of Solana DEX transactions for the past three months—is the network over reliant?
Pump.fun has made a transaction of 99,999 $SOL to Kraken exchange. The total value of the Solana that it transferred totals $22.74M.
Pump.fun has made a transaction of 99,999 $SOL to Kraken exchange. The total value of the Solana that it transferred totals $22.74M.
Solana has seen a remarkable surge in decentralized exchange (DEX) activity this November, reaching over $109.8 billion in trading volume, marking a 100% increase from the previous month's $52.5 billion.
Technical signals indicate further increases while analysts predict new highs.
Discover why Solana's price is declining after its recent surge. Explore market sentiment, profit-taking, and What's next for Solana
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Fantom (FTM) price has been on an impressive bullish run, gaining significant traction in recent weeks. In November alone, the cryptocurrency surged by 47.36%, marking its highest level in over eight months. As the Fantom price broke through critical resistance levels, it reached the $1 mark, with some analysts predicting further upside toward $1.
Publicly traded Solana holding company Sol Strategies has announced that well-known entrepreneur, investor and crypto evangelist Anthony Pompliano (aka ‘The Pomp') has been appointed as an advisor. The post Anthony Pompliano Joins Sol Strategies as an Advisor, Share Price Rockets 14%, Nasdaq Soon? appeared first on Cryptonews.
Today, Cardano has taken an 11% nose dive amid a reigning-in of recent bull market sentiment, putting its $1 valuation into question. The post Cardano Struggles As Market Turns Red, ADA Falls Below $1, Down 11% in 24 Hours – What's Next? appeared first on Cryptonews.
The crypto market is once again witnessing exceptional performance. Solana, often referred to as the blockchain of "fast and accessible solutions," has just reached a historic milestone.
Fantom's impressive November rally has brought attention to critical price levels. With a surge in MVRV ratio and a breakout from technical patterns, key resistance levels could determine the next phase for FTM.
Here are ADA's next potential targets (according to some popular industry participants).
Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.
Solana vs. Ethereum: SOL/ETH signals a potential 45% drop, while ETH eyes $4,000 with bullish momentum. Solana's USD pair could correct toward $145 amid resistance.
Story Highlights The FTM price retests the $1 mark and has soared 47.36% this month. The technical indicators record a potential bullish reversal. Increased buying pressure could push the price beyond the $1 mark. The Fantom token has achieved an 8-month high with its recent price surge.
Solana price has surged significantly over the past month, capturing attention within the cryptocurrency market. This November, the Layer 1 blockchain reached an all-time high, fueled by a bullish trend and increased investor confidence.
Cardano blockchain founder Charles Hoskinson has shared a vision of building an “ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.” In a Nov. 26 post on X (formerly Twitter), Hoskinson highlighted his renewed interest in Bitcoin's foundational code while noting that adding a DeFi layer to the top digital asset could restore its innovative edge.
Thena is a decentralized exchange (DEX) and liquidity layer built on the BNB Chain and opBNB. This airdrop offers a chance for BNB holders to receive tokens participating in Binance's Simple Earn products.
Chainlink's LINK token has reached $18.4 after a 10% gain, approaching a key resistance level at $22 where 100,220 addresses hold 57.2 million tokens.
Solana's DEX trading volume surpassed $100 billion in November 2023, doubling Ethereum's volume while its native token SOL reached a new all-time high of $263.
Charles Hoskinson, the prominent crypto entrepreneur behind Cardano, has said he wants to add decentralized finance (DeFi) features to Bitcoin. Looking back on his long history with Bitcoin and its foundational code, Hoskinson described his renewed focus on the cryptocurrency, viewing it as a chance to revisit its design and expand its potential.
Artrade, the first art tokenization marketplace on Solana, has reached a significant milestone by digitizing an original Picasso artwork. With a market capitalization of $180 million and over 6,000 active users, the platform is transforming the art market with its ATR token.
BNB maintains support at $625 while forming a declining channel pattern with resistance at $660, as traders await a potential breakout that could drive prices toward the $685 level.
Top traders were net long on ADA, a bullish conviction of likely extra rally.
Avalanche has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.
Solana-based memecoin platform Pump.fun suspended its livestream feature after facing backlash over disturbing content, despite recording its highest-ever daily revenue of $14.3 million.
The altcoin space presented mixed performances amidst the latest dip that saw Bitcoin sliding below $95K, currently trading at $93,720. Solana meme tokens led the downside, with top coins losing up to 20% on their daily charts. While Fwog (-22%), MOODENG (-13%), GOAT (-14%), and PNUT (-15%) confirmed a robust downtrend, Dogwifhat recorded notable gains.
In November 2024, Solana hit an impressive $109.73 billion. It left other big names like ETH, BASE, and BSC in the dust, according to DefiLlama.
Explore how BNB Chain is revolutionizing the gaming industry by integrating AI and Web3 technologies, enhancing player experiences and economic dynamics within virtual worlds.
Solana's adoption milestones and bullish momentum position it for a potential breakout.
Solana-based memecoin launchpad Pump.fun is in the middle of a storm after a wave of users misusing its Livestream feature to pump their tokens became viral. The recent harmful behavior comes amid the cycle's memecoin frenzy, which has seen numerous community members use deceitful tactics to profit from the sector's popularity.
For some investors, Cardano's recent dip below $1 might seem catastrophic. However, ADA bulls appear unfazed by the slight decline, as on-chain data suggests they may be gearing up for another sustained uptrend.
Binance introduces Thena (THE) as the latest project on its Airdrops Portal, offering rewards to BNB holders. THE will be listed with multiple trading pairs on November 27, 2024.
LimeWire reenters the file-sharing space with a Web3-powered approach, launching a new feature powered by BNB Greenfield.
Solana has achieved multiple record-breaking metrics in November 2024, including a $265 all-time high price, $100 billion monthly DEX volume, and 25 million active addresses
The attackers who attacked the latest DEXX have been reactivated after a week of inactivity to change the stolen alt coins for Solana (SOL) in large amounts according to Mistract, cyber security. This comes after, decentralized exchange DEX platform was targeted and users and the platform woke up to hefty losses.
ADA, alongside the rest of the market, dumped hard in the past day.
Decentraland's native cryptocurrency, MANA, has seen an astonishing 70% increase in value over the past week, reaching its highest price in nine months. This surge is part of a broader movement within the Metaverse sector, where virtual world-related tokens are experiencing a revival.
The crypto markets are plunging as Bitcoin slashed below $95,000 in the times when the $100K milestone appeared to be extremely evident. Meanwhile, Solana, which smashed a new ATH a few days ago, appeared to have been closely following the star crypto.
Story Highlights The Avalanche price retests the $45 mark, eyes to hit $50. The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target. The AVAX price has soared over 70% during this month. The AVAX token has maintained its bullish price action despite increased price volatility.
Cardano (ADA) has dipped below the crucial $1 level and is down by more than seven percent in the last 24 hours. ADA had recently come across a major resistance at the golden pocket area, which is positioned between $1.12 and $1.23.
BNB price is consolidating near the $640 zone. The price is holding the $625 support and might aim for a move above the $660 resistance.