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news-imageDecember 5, 2024

Sui 'The Next Solana' Surges 20% In A Day, Trader Hails It As The One 'If You Missed Bitcoin'

Sui (CRYPTO: SUI) continues its meteoric rise, posting a 20% daily gain to add to its 112.9% monthly performance, being likened to Solana's (CRYPTO: SOL) early days by traders. What Happened: SUI's total value locked is at record highs of $1.68 billion as of Dec.5, with the Layer-1 chain tipped to be one of the most promising projects in the cryptocurrency space, Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Sui (CRYPTO: SUI) $4.23 $12.4 billion +18.4% +22.7% Solana (CRYPTO: SOL) $238.95 $113.6 billion +5.1% +1.4% Polkadot (CRYPTO: DOT) $11.07 $16.9 billion +5.3% +36.
Publisher: Benzinga
Sentiment: Positive
BTC
SOL

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December 12, 2024

Hidden Driver Of Bitcoin's Rally: Coinbase Dominance Fades, Binance Takes The Lead

While Bitcoin (BTC) has previously shown significant momentum in this market cycle, recent insights suggest that liquidity sources beyond Coinbase may be driving the trend. A CryptoQuant analyst, Mignolet, specifically provided a detailed analysis of Bitcoin's market, shedding light on the role of major exchanges like Coinbase and Binance in the ongoing bull cycle.

Positive
cover-imageCoinPedia
December 12, 2024

Solana (SOL) Set For Bull Run, Insights From On-Chain Data

Solana (SOL), the world's fourth biggest cryptocurrency by market cap, is poised to continue its upside momentum as on-chain metrics shift in whale favors. After a sharp price decline, SOL found support at $205.5 and resumed its upside momentum. It is poised to continue its upside momentum in the coming day.

Positive
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December 12, 2024

Eric Trump's Bold Call: Bitcoin To Soar To $1 Million In ‘Financial Revolution'

The son of US President-elect Donald Trump said that Bitcoin will continue to soar and made an audacious prediction that it will reach $1 million per coin. Related Reading: Tether's USDT Hits New High—330 Million Wallets And Counting Trump Organization Vice President Eric Trump vowed that his father and their family will not cease their support of the firstborn cryptocurrency.

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cover-imageThe Motley Fool
December 11, 2024

Why Altcoins Were Zooming Higher on Wednesday

When the financial history books are written, 2024 is sure to be recorded as a banner year for the burgeoning crypto industry. Market-boosting catalysts, from the introduction of spot exchange-traded funds (ETFs) to a presidential election that delivered a crypto-friendly administration to the White House, seemed to occur every few weeks.

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cover-imageCryptoSlate
December 11, 2024

Alabama state auditor calls to establish Bitcoin reserve

State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state's assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.

Positive
cover-imageBitcoin
December 11, 2024

Casa Launches Nation-State Bitcoin Self-Custody Solution

The service is designed to compete with larger third-party custodians such as Coinbase. New Self-Custody Solution for Nation-States Emerges Crypto self-custody firm Casa announced that it will now offer a self-custody solution called Praetorian to governments seeking to establish national bitcoin (BTC) reserves.

Positive
cover-imageBenzinga
December 11, 2024

Bitcoin Reclaims $101,000 As Inflation Hits 2.7% In November: 'Outlook Remains Bullish,' Says Analyst

Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin's (CRYPTO: BTC) rally following Wednesday's CPI report. What Happened: Bitcoin surged past $100,000, reflecting bullish sentiment as consumer price inflation data for November came in at 2.7%, close to the Federal Reserve's 2% target.

Positive
cover-imageBitcoin Magazine
December 11, 2024

Why It's Not Too Late to Invest in Bitcoin

Think you've missed the Bitcoin boom? Think again. Despite its impressive past performance, Bitcoin continues to be a top-performing asset, even in recent months. With strategies like Dollar Cost Averaging (DCA), you don't need a fortune to start investing. Learn why Bitcoin outshines gold, the Dow Jones, and other traditional investments, proving it's never too late to join the Bitcoin revolution.

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