The recent election results have shifted overall market sentiment. Amid this, Cardano (ADA) along with other major cryptocurrencies has experienced a notable rally and has gained significant attention from crypto enthusiasts. Meanwhile, the altcoin has surged more than 272% in upside momentum in the past 30 days.
Shiba Inu recorded a massive 4.23 billion SHIB burn in the past week, reducing its circulating supply significantly. Paired with a 70% monthly price surge, bullish momentum builds as whales accumulate billions in tokens.
Avalanche (CRYPTO: AVAX) is seeing bullish momentum, fueled by strong fundamentals and optimistic community sentiment. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Avalanche (CRYPTO: AVAX) $50.36 $20.6 billion +2.9% +19.3% Solana (CRYPTO: SOL) $224.32 $106.6 billion -1.1% -3.2% BNB (CRYPTO: BNB) $647.03 $93.2 billion +0.4% +4.5% Trader Notes: Pseudonymous crypto trader Kaleo predicts a "God candle" to push AVAX beyond $100 this December.
For the first time since its approval, Ethereum exchange-traded funds (ETFs) have recorded monthly inflows surpassing $1 billion, signaling a significant rise in institutional interest. This milestone coincides with ETH's price climbing to $3,700, raising expectations for further gains in the near future.
The total value of crypto locked (TVL) in smart contracts on the Cardano blockchain just surpassed $700 million according to DeFi Llama, a new record high. The post Cardano TVL Blasts to New Record High – Will ADA Become 2024's Top Altcoin? appeared first on Cryptonews.
Security and scalability: Dtcpay reforms the digital payments market
AVAX builds momentum with rising activity and bullish metrics.
Ondo Finance (CRYPTO: ONDO), a tokenization-themed cryptocurrency with ties to BlackRock , has surged over 35% in the last 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ondo Finance (CRYPTO: ONDO) $1.71 $2.2 billion +38.9% +75.4% Maker (CRYPTO: MKR) $2,178.34 $1.9 billion +14.6% +26.7% MANTRA (CRYPTO: OM) $3.85 $3.5 billion +10% +7.
Despite the recent Bitcoin crash, Ethereum (ETH) price today trades at as of . Surprisingly, ETH performance during the recent crash is much better than most altcoins.
Cardano price has been attracting considerable attention amid the ongoing bull market showing impressive gains. As the cryptocurrency market experiences a surge following the recent U.S. elections, ADA has emerged as one of the standout performers.
In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum's recent underperformance is presented as an opportunity rather than a setback. Chhugani's comprehensive analysis explores Ethereum's supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1.
Dan Gambardello, a veteran market analyst and founder of Crypto Capital Venture, is uber-bullish about Cardano (ADA). As one of the most outspoken advocates of ADA, he has forecasted that the coin could swiftly rocket to the ambitious $3 level.
Shiba Inu price has retreated for two consecutive days, even as the burn rate jumped by over 3,400%. Shiba Inu (SHIB), the second-largest meme coin, retreated to $0.00002765, down by 16.2% from its highest level this month.
Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.
Digital asset exchange Coinbase is pushing back against accusations that it isn't supporting Ethereum's (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn't support Celo's (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2.
“This outcome is crucial for all onchain activity,” wrote Mads Eberhardt, an analyst at Steno Research.
Blockfrost and Filecoin Foundation are working to integrate Filecoin's decentralized storage capabilities as a backup layer for Cardano apps built with Blockfrost. The post Cardano Apps Get a Backup Layer Through Blockfrost and Filecoin Collab appeared first on Cryptonews.
Avalanche (AVAX) has been experiencing a significant surge in price recently, attracting the attention of investors and market enthusiasts alike. Currently trading at $46.34, the cryptocurrency has gained more than 4% in the past 24 hours, with trading volumes increasing by over 200% to $2.07 billion.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
TL;DR Vitalik Buterin proposes the integration of privacy solutions such as ZK-SNARK and the adoption of Layer 2 (L2) to improve the efficiency and security of ETH wallets. Buterin suggests incorporating private transfers and the management of a “private balance” in a privacy pool within wallets.
Ethereum co-founder Vitalik Buterin shared his expectations and standards for the future of Ether wallets.
While Beam Chain focuses on the consensus layer, complimentary upgrades to Ethereum's execution and data availability layers are also in the works.
With this shift, dtcpay aims to deliver a more scalable and compliant payment ecosystem while adapting to evolving consumer needs.
Vitalik Buterin plans to simplify the Ethereum wallet future with cross-L2 transactions, optimized gas payments, and QR code standardization.
The official X account of the layer-2 blockchain Shibarium @ShibariumNet spreads the word about launching major upgrades for the Shibarium mainnet.
The AVAX price has successfully reclaimed the $50 mark today, resulting in it recording a new 8-month high. Moreover, it has maintained its position in the top 10 cryptocurrencies by market cap with a valuation of $21.312 billion.
TL;DR Bernstein highlights that the potential approval of an Ethereum ETF with staking in the U.S. could raise staking yields from 3% to 4-5%. Inflows into ETH ETFs have surpassed those of BTC since November, reflecting greater confidence in ETH's supply and demand dynamics. Ethereum leads in Total Value Locked (TVL) with $89 billion.
In a recent essay, Ethereum's renowned creator Vitalik Buterin sketched out what he calls the perfect crypto wallet — a piece of tech that seamlessly balances security, usability, and privacy, all while embracing Ethereum's decentralized ethos.
Singaporean digital payment provider dtcpay announced that it will exclusively support stablecoins for its payment services by 2025, dropping Bitcoin and Ethereum in the process.
The integration of Chainlink's CCIP with Mantle Network could significantly enhance blockchain interoperability, fostering innovation and expanding multi-chain ecosystems. The post Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities appeared first on Crypto Briefing.
Dtcpay, a Singapore-licensed cryptocurrency payment platform, has announced that it will phase out support for Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and focus solely on fiat and stablecoin transactions starting in January 2025. This move reflects Dtcpay's commitment to offering a more secure, predictable, and regulatory-compliant payment solution.
Due to on-chain data showing a possible influx of 33.7 trillion SHIB in the next 24 hours, Shiba Inu is getting ready for volatility. The price performance of the token and the general dynamics of the market may be significantly impacted by this enormous activity.
The latest SHIB burn data has once again ignited a tidal wave of optimism surrounding the renowned dog-themed meme crypto, Shiba Inu. Notably, the meme coin's supply continues to take a blow, as indicated by a nearly 3,400% upsurge in the burn rate on Tuesday.
In a recent essay outlining his vision for the ideal wallet, Vitalik Buterin, the mastermind behind Ethereum (ETH), did not hold back when it came to addressing the darker side of crypto history. Buterin offered a vision for improving security, privacy and the user experience, but he also did not miss a chance to take a slight dig at Sam Bankman-Fried, the former FTX CEO whose actions led to the collapse of the exchange and the evaporation of billions in user funds.
Record-breaking ETF inflows signal growing institutional interest, with Ethereum outpacing Bitcoin in recent performance.
Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.
Ethereum is showing strong bullish momentum, driven by an influx of buyers. However, as the price nears a significant resistance level at $4K, market participants should anticipate a period of consolidation with the potential for heightened volatility.
Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape.
Buyers are back in the game, according to CoinStats.
Most of the coins have come back to the green zone after a correction, according to CoinMarketCap.
Cardano Founder Charles Hoskinson has shared a significant spotlight from the recent Hydra Doom testing featuring the community. With plans to host a gaming tournament to test the limits of the Hydra Head protocol, the developer team recently conducted a load test.
Shiba Inu's (CRYPTO: SHIB) 72% monthly gain and its active coin-burning mechanism continue to fuel optimism among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002905 $17.1 Billion +1.6% +21% Dogecoin (CRYPTO: DOGE) $0.4164 $61.2 Billion +1.7% +10.2% Pepe (CRYPTO: PEPE) $0.00002025 $8.5 Billion +1.1% +12% Trader Notes: Crypto trader Bluntz Capital expects meme coin enthusiasm to reignite retail interest in projects like Dogecoin, Shiba Inu and Floki.
If approved, ETH ETF staking yield could surge from 3% to 4-5%, attracting more institutional players.
The popular meme coin Shiba Inu has been showing strong growth, rising by over 21% in just a week and 73% since November. As the crypto market rallies this December, SHIB looks ready for even more growth.
Cardano's DeFi ecosystem approaches $700 million in TVL while its native token ADA reaches $1.21, marking a substantial recovery from 2022 lows.
In the ever-evolving crypto landscape, Chainlink (LINK) and Shiba Inu (SHIB) represent two significant approaches.
Sandwich attacks are accelerating on BNB Smart Chain, targeting mostly Pancake Swap. Despite block builders, the chain saw a near-record number of transactions and users attacked in November.
Shiba Inu (SHIB) records 13% daily gain reaching $0.00003061, posts 109% three-month growth, while analyst projects potential 179% increase to $0.000081 amid ecosystem developments.