Some of the new offerings will be available to users from November 26.
TL;DR Digital asset investment products saw record inflows of $3.13 billion in one week. Bitcoin led the inflows with 3 billion, while Solana stood out among altcoins with 16 million. Europe experienced capital outflows, while the United States, Canada and Hong Kong showed strong interest.
TL;DR Solana surpassed $100 billion in monthly DEX trading volume for the first time, reaching a total of $109.8 billion in November. Factors such as the memecoin frenzy and low transaction fees have driven its remarkable growth, doubling Ethereum's volume. The network also stands out with 107.
Over the course of the last 24 hours, Dogecoin (DOGE) has seen a big jump in on-chain activity, which suggests bullish investor behavior. As the Large Holders Netflow metric from IntoTheBlock shows that there has been a huge 275.54% increase in the amount of DOGE going into the wallets of large holders.
Major cryptocurrency exchange Binance has announced the inclusion of six new listings, focusing on Hedera, Solana, meme coins and other tokens. This move is part of Binance's continued attempts to diversify its offerings and cater to the evolving interests of its users.
The weekend's correction might have finished, according to CoinStats.
Finance veteran Raoul Pal has suggested that Dogecoin's (DOGE) growth since its launch over a decade ago has elevated it to a ‘harder' form of money than Bitcoin (BTC).
Solana has surpassed the $100 billion threshold for monthly decentralized exchange trading volume for the first time in crypto history. Throughout November 2024, Solana(SOL) DEX volume reached $109.
$2.9M in $PYTH stolen via zero-transfer phishing on Solana. Scammers swapped stolen $PYTH for $SOL, consolidating stolen funds.
Pump.fun, the decentralized memecoin generation and promotion platform on Solana, is experiencing a rise in live-streaming NSFW content as memecoin creators incorporate adult-themed material into their tokens. The platform, launched in Jan. 2024, enables users without coding skills to create and trade memecoins swiftly, contributing to its rapid growth.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
The Solana network reported over $109 billion in decentralized exchange (DEX) trading volume for November 2023, marking the first time it has surpassed the $100 billion threshold.
Solana's monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy.
AI forecasts highlight rising stars in crypto, with TON, Dogecoin, and presale sensation Minotaurus poised for significant growth and investor interest. #partnercontent
Recent movements of the Dogecoin price have seen the meme cryptocurrency breaking to the upside of a bull flag pattern. This bull flag pattern took shape during a consolidation that began after the Dogecoin price reached a new yearly high on November 12.
The latest fraud incident in the Solana ecosystem is phishing in the form of apparently legitimate signature requests according to Scam Sniffer, a web3 anti-scam firm. The problem originates from Solana's fast transaction speed because it leads to a divergence between emulated wallet states and real-world states.
Solana price has witnessed a significant surge this month, reflecting robust bullish momentum as the broader cryptocurrency market rallies. SOL's price climb has captured market attention by breaking multiple resistance levels, with analysts speculating a potential breakout on the horizon.
Dogecoin (CRYPTO: DOGE) rallied 17% over the past week, spurred by speculation around Elon Musk's X Payments platform potentially incorporating DOGE. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4254 $62.5 Billion +2.3% +17% Shiba Inu (CRYPTO: SHIB) $0.00002593 $15.3 Billion +2.7% +5.9% Pepe (CRYPTO: PEPE) $0.0000202 $8.5 Billion +1.5% -3.4% Bitcoin (CRYPTO: BTC) $98,129.53 $1.94 Trillion +0.7% +8.4% Trader Notes: Macro guru Raoul Pal highlighted that Dogecoin has outperformed Bitcoin by surging 550% since its launch, calling it “harder money” in this context and predicting potential continued outperformance.
Story Highlights The live price of the AVAX crypto token is . Avalanche price may reach a maximum of $100 by the end of 2024. With a potential surge, the AVAX coin price may achieve a high of $528 mark by 2030.
The broader crypto market is in unchartered territory, and some Dogecoin (DOGE) whales are potentially looking for an escape route. According to an on-chain transaction spotted by crypto tracker Whale Alert, an anonymous whale just transferred 197,606,395 DOGE to Coinbase exchange.
The Dogecoin Foundation, a nonprofit organization developing open-source products for the Dogecoin ecosystem, recently declared an ambitious target for 2025.
Musk's "$" post sparked X Payments rumours, raising hopes for Dogecoin's inclusion. Dogecoin rose 2.3%, up 227% in the past month and 87% in the past week.
As Solana-based memecoins continue to gain traction, the famous Solana-based memecoins platform Pump.fun has found itself in a controversy involving its livestream feature, which is showcasing disturbing content that threatens to damage the industry's credibility.
Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.
Billy Markus, known on social media as Shibetoshi Nakamoto, who created Dogecoin in collaboration with Jackson Palmer in December 2013, continues to issue posts supporting Elon Musk and his ventures.
Bitcoin ETFs experienced record inflows of $3.12 billion last week, while Solana outpaced Ethereum with $16 million in inflows, according to CoinShares.
From all indications, Solana looks to be showcasing a growing dominance in the blockchain space.
On November 23, Solana's (SOL) price hit a new all-time high, sparking speculation that the altcoin could rally as high as $300. While that did not happen, recent data shows that Solana traders are betting on a rebound.
Rising rapidly, Dogecoin (DOGE) has spurred debates about its ability to recover its all-time high (ATH) of $0.74 and maybe even exceed it. At $0.3862, the live Dogecoin price shows a remarkable 24-hour trading volume of $8.28 billion as of writing. DOGE has jumped by 178.
The broader digital currency ecosystem trends have called for caution among crypto investors as total market liquidation has surpassed the $490 million threshold. According to data from CoinGlass, the total liquidation has impacted over 185 traders as top altcoins Dogecoin (DOGE) and XRP come into focus.
The price of Avalanche (AVAX) has risen to a high of $45.07, continuing its uptrend. Cryptocurrency price analysis brought by Coinidol.com.
This will allow people to share, trade, and launch memes between two of the fastest blockchain networks: Solana and Injective. This makes it easier than ever to move memes between these two chains with just one click.
Solana's price has broken above $240 and shows continued strength with multiple technical indicators supporting further upside potential, while maintaining strong support levels.
The monthly fees from pump.fun and Raydium also recorded all-time highs in November as the memecoin frenzy continues.
Solana (SOL), the fourth-largest cryptocurrency by market capitalization, has captured the attention of traders and investors alike after reaching its all-time high (ATH). While the price has recently been consolidating near this peak, technical indicators and market sentiment suggest that Solana could be poised for a significant upward move.
Dogecoin displays bullish technical patterns as analysts project a potential surge to $0.82, while maintaining current support at $0.42 amid strong market indicators and increased institutional interest.
Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of unlocks scheduled between November 25 and December 2.
DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.
Dogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk's X platform.
In a new analysis, prominent crypto analyst Miles Deutscher unveiled his thesis on a crypto he believes could rival Dogecoin in this market cycle. With a following of over 550,000 on X and 208,000 YouTube subscribers, Deutscher's insights carry significant weight in the crypto community.
BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.
Bitcoin (BTC) experienced a sharp price decline, falling from last week's high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3.5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.
Solana started a fresh increase above the $240 zone. SOL price is consolidating gains and might aim for an upside break above the $255 resistance.
The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance.
Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week.
As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.