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Optimism (OP) price has been under pressure this year, reflecting the broader challenges faced by the scaling solution ecosystem. Key indicators suggest a significant shift in market sentiment, raising concerns about future price trends.
The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark.
Optimism (OP) is gaining momentum in the cryptocurrency market, with analysts predicting a potential rally of up to 70%. This bullish sentiment comes as the token approaches a crucial resistance level of 3000 sats, which experts believe could trigger a significant breakout.
Binance will cease trading on ACE/FDUSD, FIL/BNB, OP/BNB, and TRB/FDUSD trading pairs effective October 4, 2024, due to poor liquidity and trading volume.
Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention.
As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.
Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.
Grayscale Research has published a new list of 20 digital assets that have high potential in the fourth quarter of the year.
With the US Federal Reserve cutting interest rates by 50 basis points on September 18, the crypto market is preparing for an upward thrust. However, a few top altcoins have already surged quite a bit in anticipation of the rate cuts.
WalletConnect, a protocol that facilitates connections between crypto wallets and decentralized applications, is set to launch its native Connect Token (WCT) on Optimism's OP Mainnet.
OP Succinct optimizes ZK rollups, reducing transaction times and costs on Ethereum. The collaboration between Succinct Labs and OP Labs aims to boost blockchain scalability.
Notcoin (NOT), Ontology (ONT), Optimism (OP), and Orbs (ORBS) are showing intriguing developments as the broader cryptocurrency market struggles to maintain a bullish trend after Bitcoin dropped below $60k.
Succinct Labs and OP Labs have collaborated on a zero-knowledge proofs solution that significantly improves transaction finality and gas costs compared to optimistic rollups. On Sept.
Succinct Labs collaborated with OP Labs, the main contributor to the Optimism, a Layer 2 scaling solution for Ethereum.
Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.
Ethereum (ETH) has faced significant challenges recently, grappling with bearish market trends that have left many investors uncertain. However, new developments in layer-2 solutions such as Optimism (OP) and emerging meme coin projects like Mpeppe (MPEPE) are offering some hope.
Bitcoin remains below $55,724 support, but the selling may be reducing, increasing the possibility of a relief rally in UNI, SUI, OP and HNT.
Binance announces support for the Optimism (OP) network upgrade and hard fork, suspending deposits and withdrawals temporarily.
With a channel breakout retest rally gaining momentum, the OP price action reveals a high chance of an uptrend. Optimism maintains a solid bullish stance as the broader market stabilizes near the weekend.
Amid rising price volatility in the cryptocurrency market, top tokens have displayed increased buying and selling pressure over the past few days. Moreover, the largest altcoin, Ethereum price has successfully reclaimed the $2.5K level. Following this, mid-cap altcoins have recorded a similar price action. This has resulted in many tokens recording a double-digit gain.
Bitcoin has recently faced a bit of turbulence, dropping from its previous high of $63,000. However, the analyst of Crypto Banter's The Sniper Trading show said that it's important to remember that the last low was around $49,000, and we are still maintaining higher lows, sitting comfortably at $59,000-$60,000.
TL;DR Sony launches Soneium Minato testnet, an Ethereum Layer-2 blockchain, to enhance scalability and efficiency for decentralized applications (dApps) with faster transactions and lower gas fees. Soneium Spark incubation program offers up to $100,000 in investment, mentorship, and infrastructure support for Web3 developers, backed by industry leaders like Circle, Optimism, and Chainlink.
Circle, Optimism, Alchemy, The Graph, Chainlink and the Astar Network will join as launch partners for Sony's new blockchain.
When you get a “GM” from Sota Watanabe, it doesn't mean “good morning.”
