VeChain (VET) has been on a tear lately, surging over 45% in the last 24 hours.
The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
Based on historical price momentum, if FIL closes above $4.80, it could rally by 47% to hit $7.20.
Optimism (OP) price has surged 43.40% in the last seven days, showcasing strong bullish momentum in the market. The uptrend is supported by rising trend strength, with the ADX confirming growing momentum and EMA lines showing a bullish setup.
VeChain (VET) has had a rough ride, stuck in a downward trend for months. But recently, it's starting to show signs of life. After seven months, VET has broken out, riding the wave of a broader crypto market recovery. But is this a sign of something bigger? Let's take a closer look.
Ethereum layer 2 scaling solution Optimism ($OP) is riding the bull run after rallying 39% in just seven days. The bulk of those gains came in the last 24 hours, after the token surged 23% to trade at $2.18.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Optimism (OP) is experiencing an interesting market rally amid the ongoing cryptocurrency bull run. According to CoinMarketCap data, the protocol's native token OP is changing hands at $2.19, representing a 21.57% rise in the last 24 hours.
The crypto market continues to trend bullish despite a dip for altcoins in the past 48 hours. But as alts eye the next leg up, the flagship asset Bitcoin (BTC) is already on what looks like an unstoppable dash past $100k.
Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.
VeChain's price breakout sparks excitement, but sustaining momentum hinges on critical resistance levels.
The altcoin is in pump by +35% compared to a month ago.
Crypto analyst predicts 60% rally for Optimism (OP) after breaking key resistance at $1.83.
A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%.
Filecoin (FIL) is expanding its ecosystem with new L2 solutions like Akave and Storacha, securing major funding and launching innovative networks to enhance decentralized data storage.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
VeChain (VET), a prominent altcoin known for its supply chain solutions, has seen an impressive rally this week. The surge came on the back of Bitcoin's meteoric rise, hitting a new all-time high of $82,379.
VeChain (VET), a prominent blockchain project focused on supply chain logistics, has been gaining attention due to its unique partnerships with major companies like Walmart, BMW, and Microsoft. This has prompted many investors to wonder: Can VeChain's token, VET, hit $0.10 by 2030?
An important pattern is pointing to a potential 340% increase to $7.20 in OP's price.
Optimism forms an ascending triangle, signaling a potential rally to $7.20.
VeChain has recorded a 42.6% weekly gain amid positive market sentiment following Trump's election victory, though analysts differ on price targets ranging from $0.028247 to $0.15 for the near term.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
Binance announces support for the Filecoin (FIL) network upgrade, with a temporary suspension of deposits and withdrawals on November 20, 2024. Trading remains unaffected.
During the U.S. trading session on Monday, the crypto market winessed an accelerated momentum as Bitcoin price spiked to a new high of $85,000. Most major altcoins are following the same pace and preparing to challenge their respective highs.
VET and VTHO registered massive price hikes in the recent past, but their fates may be different.
Filecoin (FIL) has gained attention for its impressive resilience and technical strength, positioning itself for major growth in the near future. With support levels holding firm for nearly two years and a rising demand for decentralized data storage solutions, analysts are forecasting significant upside potential for the token.
Filecoin's strong support levels and market momentum hint at major upside potential, positioning it as a standout.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
VeChain announces the deprecation of legacy developer tools as they shift focus to the new VeChain SDK, aiming to enhance the VeChainThor development ecosystem.
The cryptocurrency exchange Gemini, owned by the Winklevoss brothers, has just announced the listing of OP and the memecoins POPCAT and BONK.
Optimism (OP) is making waves in the cryptocurrency space, particularly as a prominent layer 2 solution for Ethereum. This technology is designed to enhance transaction speeds and lower costs, addressing some of the main challenges that Ethereum has faced, such as high fees and congestion during peak times.
Sunny Lu is the co-founder and CEO of VeChain, focusing on blockchain solutions for supply chain management. He previously served as CIO at Louis Vuitton China, where he developed an interest in blockchain technology.
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
VeChain releases its combined Q2-Q3 2024 financial report, showcasing treasury performance, strategic initiatives, and future growth prospects amid regulatory developments.
OP's charts have been building momentum recently.
As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.
Swell abandons its initial plans to use Polygon's CDK, selecting Optimism's OP Stack for its Layer 2 migration strategy.
Cryptocurrency exchange Kraken received 25 million OP tokens (worth $42.5M) from the Optimism Foundation to build its new layer-2 network Ink on the Superchain ecosystem, with the grant split between engineering funding and transaction-based milestones.
Swell is transitioning to Optimism's Superchain ecosystem and developing an optimistic rollup on the OP Stack.
Optimism Foundation and Kraken closed a 25 million OP deal to bring the exchange's new layer-2 (L2) blockchain, Ink, to the Superchain ecosystem. According to CryptoSlate data, the deal is worth $43 million at OP's current price of $1.72.
Filecoin protocol Glif is set to launch its native GLIF token, with 100 million tokens allocated for airdrop to eligible users.
Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism's OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the time worth roughly $100 million.
Optimism (OP) is currently in the spotlight as it shows promising signs of a potential price breakout. Recent data reveals significant increases in trading activity, especially among large investors known as whales.
A widely followed crypto strategist believes that a decentralized oracle running on Ethereum (ETH) is gearing up for a big market reversal. Analyst Michaël van de Poppe tells his 733,600 followers on the social media platform X that he's bullish on Chainlink (LINK).
Whale and trading activity have surged as Optimism consolidated for a potential breakout.
Built using the OP Stack, Kraken's Ink follows the lead of rival crypto exchange Coinbase's launch of Base in 2023.