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.
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.
Avalanche (AVAX) has been one of the notable performers in the cryptocurrency market, recently reaching new heights and breaking into the top 15 cryptocurrencies. Despite the overall positive market sentiment and growing bullishness surrounding AVAX, the token faces critical challenges that could prevent its price from breaking out further.
The network was recently plunged into a multi-hour blackout, raising reliability concerns.
Sui Network experienced a brief outage due to a bug in congestion control. Swift action by engineers and validators restored operations within minutes, highlighting effective incident response.
Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.
Sui's ecosystem is evolving with the introduction of native stablecoins, reshaping DeFi and unlocking new opportunities. Explore the impact of USDY, AUSD, USDC, and FDUSD.
Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.
Earlier today, the Layer-1 blockchain Sui experienced a two-hour blackout, halting block production and rendering transaction processing impossible. This network outage led to a slight dip in SUI's price, falling from $3.73 to $3.64.
The Aptos Foundation announced a new partnership with Circle and Stripe, hoping to revolutionize its network functionality. Circle's CCTP and USDC stablecoin will enhance blockchain interoperability, while Stripe will attract TradFi by simplifying fiat interactions.
TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.
Immutable has announced a strategic partnership with Altura, a web3 infrastructure platform focused on the gaming industry.
Sui Network resumed operations after a two-hour outage.
SUI's network had a two-hour network outage, followed by a shorter 29-minute block lag on November 21. The chain had an all-time high record for transactions per second, which led up to a bug for validators to produce and propagate blocks.
Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.
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.
Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.
Sui Network experienced its first major outage Thursday, grinding the network to a halt for two hours due to a bug.
Sui, decentralized Layer-1 blockchain. faced a two-hour outage early on November 21 before recovering.
The Sui network experienced an outage, halting block production for over 2 hours.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.
Avalanche trades at $34.05, key levels in focus as whale activity and resistance zones heat up.
The downtime had immediate repercussions for Sui (SUI), the blockchain's native cryptocurrency with its value dropping 11%.
Sui Network dubbed the ‘Solana (SOL) killer,' suffered a major outage on November 21, which halted block production for over an hour.
For 51 minutes, blocks were not produced and transactions were not processed.
At press time, the SUI status page had confirmed that block production had resumed.
SUI price tanked after the incident but quickly recovered.
The downtime was caused by a bug in its transaction scheduling.
Decentralized Layer-1 blockchain Sui Network faced a major downtime with no blocks produced in the last few hours. The data from Suivision showed that the network faced a “major outage” as some validators faced problems with approving transactions.
TL;DR On November 21, 2024, the Sui blockchain experienced a significant outage, halting block production for over an hour and causing widespread concern among users and stakeholders. The outage led to an 11% drop in the SUI token's value, with major exchanges like Upbit temporarily disabling SUI deposits and withdrawals to protect users.
Layer-1 blockchain, Sui, has confirmed that its network is currently down and unable to process transactions. In a Nov. 21 statement, the team behind Sui identified the issue and announced that a fix would be deployed shortly.
The Sui blockchain experienced a significant outage today, halting block production for over an hour due to issues with validators, raising concerns about the network's stability and prompting investigations by the development team. The post Breaking: Sui Network Crashes for Over an Hour, Block Production Halted appeared first on Cryptonews.
The Sui Network is suspected to be down for more than two hours. The protocol has not produced any new transaction blocks since Nov. 21 UTC 9:15.
The Sui network has ceased block production for over two hours, leading to a sharp decline in the token's price. Data from suivision and suiscan indicate that block generation stopped at 09:15 UTC today, and the network has yet to resume normal operations.
Sui Network, a Layer 1 blockchain, has been down for nearly two hours. The team appears to be investigating the issue.
Exchanges like the South Korean crypto exchange Upbit have temporarily disabled SUI deposits and withdrawals amid the network outage.
The South Korean crypto exchange Upbit had temporarily disabled SUI deposits and withdrawals amid the network outage.
MemeFi addressed token-claiming concerns, established cooperation with OKX and Sui, and announced major exchange listings and giveaways.
The crypto market is witnessing a strong upward trend, fueling optimism among investors seeking lucrative opportunities. Several affordable crypto to buy under $10 have emerged as potential game-changers for generating significant profits.
Avalanche's unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets.
HBAR, OM, and APE are grabbing the spotlight as Binance unveils expanded trading pairs and Spot Algo services. Launching November 22, the announcement has market watchers eyeing a rally despite recent turbulence in token prices.
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.
As the year 2024 is coming to an end, an overview of the best-performing tokens is a must. Prepare for 2025, or re-evaluate your 2024, here is your chance!
Crypto analyst predicts 60% rally for Optimism (OP) after breaking key resistance at $1.83.
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.
Story Highlights The Sui price achieved a new ATH of $3.51. Technical indicators hint at a potential surge toward a high target price. EMA 50-day records a strong bullish support in the daily time frame. The Sui cryptocurrency has successfully achieved a new all-time high (ATH) of $3.51 during the early Asian trading hours.
With the crypto market briefly reaching the $3 trillion mark, the upside potential is uncharted in the crypto industry. Amid such conditions, many new altcoins are creating new all-time high levels and continuing to soar. However, smart money is on the lookout to find the next big thing in the crypto world.