Why Utility Cryptos Were Triumphant This Week

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Thursday, November 21. Bitcoin's (BTC) observed a rally to $98,384 early on Thursday, with BCH and other top cryptocurrencies tagging along for the ride.

Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).

Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.

Bitcoin Cash (BCH) eyes a 50% rally to $709 by December after breaking out of bullish technical patterns, supported by Bitcoin's halving momentum and Trump's pro-crypto policies.

Bitcoin Cash has surged over the past 24 hours to reach a 7-month high.

The cryptocurrency market experiences positive sentiments as Bitcoin nears $100K after topping $97K. Amidst the bullish trends, Bitcoin Cash (BCH) surpassed the $10 billion market cap after significant 24-hour surges. The upward trend triggered speculations about the potential for BCH price in the coming sessions.

STX is showing strong breakout potential, with key resistance levels in focus for future gains.

Bitcoin Cash's price gains over the last seven days have outpaced market leaders Bitcoin and Ethereum. This morning (UTC), Bitcoin Cash ($BCH) blew up 17% in the course of 24 hours. The surge was brief, though, and the coin's 24-hour gains have since dropped to 8.1%.

Ethereum Classic was also among the top performers, gaining 9.4%.

Bitcoin Cash (BCH) price has risen more than 10% in the last 24 hours, surpassing the $10 billion market cap and signaling renewed bullish momentum. The recent surge has brought BCH closer to key resistance levels, indicating the potential for further gains if the uptrend strengthens.

BCH jumped over 20% on Nov. 20, leading the top 100 cryptos, as analysts point to bullish chart patterns hinting at more gains.

As Bitcoin price creates a new all-time high at $97,900, the close curse in Bitcoin Cash is making waves. With a massive surge of 18.29% in the past 24 hours, the BCH price has crossed the $500 barrier.

The crypto market has been creating with optimism hitting new peaks each day. As a result, the market cap of the industry has surged 3.98% in the last 24 hours to $3.19 trillion. The trade volumes also registered a notable spike of 7.19%, with $193.79 billion moved.

The Injective (INJ)Summit in Bangkok attracted nearly 1,000 attendees and featured over 30 industry leaders, showcasing pivotal innovations in finance.

Hex Trust expands its custody, staking, and trading services to the Injective (INJ)ecosystem, strengthening its role as a validator and supporting institutional investors.

Stacks' price action has closely mirrored Bitcoin's performance in recent months, boasting an impressive correlation coefficient of 0.86. This makes Stacks a high-beta play on Bitcoin, meaning that when Bitcoin moves, STX tends to move in a similar direction, albeit with more volatility and often at a greater magnitude.

Stacks strong correlation with Bitcoin suggested a possible rally.

Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.

Injective Protocol's native token, INJ, has shown impressive bullish momentum lately. The token has gained 49.15% in the past week, followed by an additional 16.09% surge in just the last 24 hours.

Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users.

With a jump of 2.86% in the past 24 hours, the cryptocurrency market has successfully crossed the $2.8 Trillion mark. With this, the STX price has maintained its bullish action by recording a positive candle for the 3rd consecutive day.

INJ has been on a steady long-term rally in the market. Can this positive momentum take the altcoin to $53?

Bitcoin Cash (BCH) developers and community members have been actively voicing their support for two Cash Improvement Proposals (CHIPs) ahead of a November 15 lock-in deadline.

The sBTC token is designed as a trustless way to use bitcoin in decentralized finance applications, in contrast to centralized wrapped bitcoin tokens.

TL;DR Bitcoin Cash (BCH) is a decentralized cryptocurrency that emerged from a hard fork of Bitcoin in 2017, aiming to facilitate quicker transactions and reduce fees by utilizing larger block sizes. Predictions for BCH's future price trends vary widely, with forecasts for 2024 suggesting a trading range between $333.01 and $474.

Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.

Stacks seeks to usher in a wave of adoption and innovation following its Nakamoto upgrade.

The launch of Bitcoin L2 Labs is expected to catalyze growth in decentralized applications, making Stacks an even stronger player in Bitcoin-based technology.

Injective (INJ)and Fetch.ai join forces with the Artificial Superintelligence Alliance to enhance AI-enabled finance on the Injective platform, marking a significant step in blockchain interoperability.

Injective's October 2024 update reveals significant advancements in blockchain, ecosystem, and community sectors, aiming to merge traditional finance with decentralized finance.

STX has experienced fluctuations since reaching an all-time high of $3.61 in November 2021. As the cryptocurrency market evolves, investors are curious whether STX can recover and surge again in the coming years.

Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.

The cryptocurrency market has experienced a significant pullback this week due to the rising uncertainty concerning the possible outcome of the upcoming U.S. election in 2024. Following this, the Stacks price has recorded a major price correction, highlighting increased bearish sentiment.

Conflux Network, a public Layer-1 blockchain, is designed to facilitate decentralized applications (dApps) and support Web3 infrastructure. This project aims to create a sustainable, scalable, decentralized, and secure environment for developers and users.

AUSD is a “stablecoin”. It is a digital dollar that keeps a steady value.

Latest updates on the coins BCH, SOL and .

Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.

Stacks (STX), a prominent layer-2 solution for Bitcoin, is gaining attention following the recent Nakamoto upgrade on October 29, 2024. This upgrade aims to enhance transaction speeds and scalability, positioning Stacks for substantial long-term growth in the cryptocurrency landscape.

Bitcoin Cash (BCH) is capturing the attention of investors and analysts alike. After experiencing a slight drop recently, BCH remains on a bullish trajectory, with several indicators suggesting that a rally past the $400 mark could be on the horizon.

Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.

Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.

Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective‘s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck's asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.

TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million.

Conflux (CFX) has rolled out its v2.4.1 testnet upgrade, introducing significant RPC, storage, and code improvements, alongside crucial bug fixes. Node operators are urged to update promptly.

Agora's AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S.

Stacks, a Bitcoin layer-2 solution, is currently garnering attention as its latest developments hint at substantial long-term growth potential. Following the recent Nakamoto upgrade on Oct.