The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.
LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.
Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.
Story Highlights The Sui price achieved a new ATH of $3.51. Technical indicators hint at a potential surge toward a high target price. EMA 50-day records a strong bullish support in the daily time frame. The Sui cryptocurrency has successfully achieved a new all-time high (ATH) of $3.51 during the early Asian trading hours.
With the crypto market briefly reaching the $3 trillion mark, the upside potential is uncharted in the crypto industry. Amid such conditions, many new altcoins are creating new all-time high levels and continuing to soar. However, smart money is on the lookout to find the next big thing in the crypto world.
Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.
The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.
Sui Network (SUI) has recently demonstrated impressive growth in its decentralized exchange (DEX) trading volume, surpassing Aptos (APT) by a significant margin. SUI's trading volume reached $28 billion, three times that of Aptos, which recorded $9.4 billion.
Stellar (XLM) has had an impressive run recently, surging by 43.44% over the past 8 days. The cryptocurrency moved past key resistance levels, gaining attention from traders and investors alike.
Litecoin's self-declared transition to memecoin status on November 14, 2024, triggered a 15% price rally to $82.25 and sparked increased trading activity, mining operations, and community engagement.
Team Liquid launches the MyBlue platform on Sui, offering fans a customizable digital avatar and unique fan engagement experiences, reinforcing their connection to esports.
Stellar (XLM)'s Horizon API enhances data reingestion speeds by integrating CDP components, achieving performance improvements up to 9 times faster compared to traditional methods.
FET price has been underperforming compared to its closest competitors over the past week, down more than 8%. Despite being the second-largest AI cryptocurrency by market cap, it has struggled to keep pace with other major players in the sector.
The Weighted Sentiment remained firmly bullish and has been for most of the past month, as Sui maintained its uptrend.
The cryptocurrency market has seen a mix of sentiment lately, with many altcoins experiencing double-digit drops amidst broader market fluctuations. However, for savvy investors looking to capitalize on potential rebounds, there are key altcoins showing strong bullish recovery signs.
Litecoin is embracing its inner meme coin amidst a double-digit run, and it's all thanks to Dogecoin.
Explore how Sui tackles Web3 security risks with user-level and protocol-level safeguards, creating a safer ecosystem for decentralized interactions.
The Sui (SUI) token recently surged by 30%, reaching a high of $3.30 on November 12, 2024, generating optimism among investors. However, the rally appears to be losing momentum as the token's price has dropped back to $2.97.
Hedera and Ripple were also top performers, each gaining 6%.
Top–performing layer 1 crypto networks Solana ($SOL) and Sui ($SUI) are potentially ready to move higher, despite a period of increased volatility.
SUI has recently reached a new all-time high, continuing an upward rally that began at $1.69 earlier this month. The cryptocurrency has managed to defy bearish expectations, showing resilience as it pushes past the previous resistance level.
Historically, a surge in short-term holdings as this holds great significance in that it usually marks a turning point in the market.
The price of FET, the native token of the Artificial Superintelligence Alliance, has experienced a significant decline over the past 24 hours, dropping by 18%. After peaking at $1.62 yesterday, FET's price has now plummeted to $1.30, triggering concerns among traders and investors about the token's short-term outlook.
TL;DR VanEck launches a new ETN based on the SUI blockchain, now available in 15 European countries, as part of its strategy to expand crypto offerings. The SUI blockchain, developed by Mysten Labs, is known for its scalability and user-friendly design, making it suitable for DeFi and gaming applications.
The crypto market is once again in a bullish phase as Bitcoin's price surged past $93,000, setting a new all-time high for the fifth time in a week. This rally has also spurred growth across altcoins.
VanEck Europe, the European arm of the prominent global asset management firm VanEck, has introduced a new exchange-traded note (ETN) based on the SUI token in Europe. The SUI ETN allows investors in over 15 European countries, including some non-EU nations, to gain exposure to SUI without needing to directly hold the asset.
Interesting and unexpected narratives continue to rule the crypto market and influence asset prices on it when, amid a new wave of meme mania, market old-timer Litecoin (LTC) announced that it too is identifying itself as a meme cryptocurrency given current market conditions.
Litecoin is a well-established, but neglected coin, which is yet to recover its all-time high from 2021.
Investment management company Franklin Templeton recently revealed plans to move assets worth $1.7 trillion to blockchain. According to the firm's representative, they will use the Stellar (XLM) platform to reduce transaction costs and bolster operational efficiencies. Franklin Templeton adopts Stellar Franklin Templeton's rep highlighted that blockchain technology will help the firm reduce costs.
Litecoin just jumped into the meme coin craze with a funny tweet, sparking a quick 15% surge in its price!
SUI and APT surged, but SUI may outpace APT in gains because of strong market metrics.
As Bitcoin momentarily reached a new all-time high above the $93,000 mark, the Litecoin rally is beginning to shape up. Crossing over the $80 mark, a Morningstar patent teases a bull run ahead for Litecoin.
Frog-themed meme coin Pepe (PEPE) surged to a new all-time high thus triggering a significant spike in whale trading during the past 24 hours.
The $0.1-$0.103 area has been a significant resistance since August, but Stellar was quick to rocket past it.
Litecoin's price surged 15% to $82.25 after a strategic social media post identifying as a memecoin, driving a 33% increase in trading volume and sparking widespread community engagement
Litecoin is likely showing interest in joining the meme coin sector following the recent market frenzy, as per a post that says “I now identify as a memecoin” due to current market condition. Dogecoin reacted and welcomed the move and asked fans to suggest a mascot.
VanEck has launched its new SUI ETN, now available on Euronext exchanges in Amsterdam and Paris, providing investors with indirect access to the Sui blockchain without the need to hold its tokens directly.
VanEck introduces a new financial product backed by SUI tokens, enhancing investor access to the Sui network, known for substantial growth in DeFi and TVL.
VanEck Europe launched a new exchange-traded note (ETN) based on SUI today. This product is available in 15 European countries and is one of several new VanEck ETNs in this market.
Asset management and exchange-traded fund (ETF) issuer VanEck has launched a new institutional product based on layer-1 blockchain Sui (SUI). In a press release, VanEck says it's expanding its offerings with a new exchange-traded note (ETN) that allows investors to participate in the development of SUI without having to directly hold the token.
Story Highlights The FET price hints at a 60% jump with a bullish reversal. BitTorrent's price adds 28%, and it is expected to hit $0.000001740. The Polygon price holds its value above $0.39 despite correction.
The blockchain ecosystem is seeing a seismic shift as Ethereum's dominance faces new challenges. Recent data reveals a significant flow of capital away from Ethereum (ETH), with nearly half of its outflows being redirected to the Sui Network (SUI).
In a latest announcement, Asset Manager VanEck revealed that it is listing the VanEck Sui ETN on Euronext Amsterdam and Euronext Paris today. Investors can use this exchange-traded note (ETN) to participate in the development of the SUI token without having to buy and hold it directly.
VannEck, a privately run investment firm has introduced a new product backed by SUI to millions of customers. VannEck offers investment solutions for various industries and asset classes.
VanEck, a global asset management firm and US spot Bitcoin ETF issuer has launched a new exchange-traded note (ETN) tied to the SUI token from the Sui blockchain network, according to a Nov. 13 statement.
VanEck just launched a SUI ETN on European stock exchanges, offering exposure to a high-speed blockchain suited for decentralized finance.
VanEck launched a Sui ETN on Euronext Amsterdam and Paris, allowing investors to gain exposure to the Sui network without directly holding SUI tokens.