Solana (SOL) recently experienced a significant rally, breaking above the $65 resistance level against the US Dollar. This bullish move propelled SOL’s price to new heights, outperforming popular cryptocurrencies like Bitcoin and Ethereum. The bulls even managed to push the price above $68.16, creating a new high for SOL. However, after this impressive surge, the
Bitcoin
The Bitcoin mining difficulty has once again reached a new all-time high in 2023. This crucial metric determines the rate at which new blocks are added to the blockchain at any given time. Recent data from BTC Blockchain Explorer reveals a significant adjustment at block height 818,496, resulting in a staggering 5.07% increase in the
Cryptocurrency analyst PlanB, renowned for his bullish stance on Bitcoin and the stock-to-flow model, has recently reaffirmed his optimistic long-term view on the leading cryptocurrency. PlanB believes that we might be witnessing the final days of Bitcoin trading below the $40,000 mark. In a recent analysis, PlanB emphasized the strong price surge that Bitcoin is
Shiba Inu (SHIB) burn tracker, Shibburn, has recently brought forward some serious allegations against the creator of the popular meme coin. The project claims that the creator, known by the pseudonym “Ryoshi,” has not been acting in the best interest of the SHIB ecosystem. These allegations have sent shockwaves through the SHIB community and raised
After facing rejection near the $0.740 zone, XRP started a fresh decline. There was a move below the $0.70 and $0.650 support levels. The price even dived below the $0.60 support, underperforming Bitcoin and Ethereum. Finally, the bulls took a stand near $0.572. XRP is now attempting a fresh increase, with a move above the
Bitcoin (BTC), the largest cryptocurrency on the market, has failed to consolidate and reach the $38,000 level for the third time, experiencing a 3% pullback. This has led to speculation within the community that a significant retracement may occur before the bullish momentum resumes and the next uptrend begins. Analyzing key factors Renowned crypto analyst
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has shown signs of a strong recovery as its price started a fresh increase above the $1,950 resistance level. The digital asset remained stable and consolidated its gains, leading to a breakout above the $2,000 mark and the 100-hourly Simple Moving Average. A major bullish breakout was
In a historic election, Argentina has embraced a new era by electing its first-ever pro-Bitcoin President. The results of the presidential election on November 19 unveiled the victory of Javier Milei, a right-wing libertarian and a vocal advocate for Bitcoin. With almost 56% of the votes counted, Milei’s triumph marks a significant shift in Argentina’s
Kronos Research, a prominent market maker, trading firm, and venture capital fund based in Taipei, has recently fallen victim to a breach of its security system. On November 19, the company publicly disclosed the incident, announcing unauthorized access to its API keys through a post on X (formerly Twitter). As a result, Kronos Research suffered
Tech firm Republic has made an exciting announcement, revealing its mission to democratize private market investing. To achieve this, Republic has selected Avalanche as the platform for launching its profit-sharing digital asset, the Republic Note (R/Note). This move marks a significant step forward in making private market investing accessible to a wider audience. Republic chose
The recent price action in the cryptocurrency market has led some Ethereum (ETH) holders to panic sell and diversify into other layer-1 altcoins such as Solana (SOL) or Cardano (ADA). The concern among these investors is that ETH may not be able to replicate its performance from the previous bull cycle, where it reached an
Solana (SOL) has experienced an impressive rally, surging above the $60 resistance level against the US Dollar. The cryptocurrency has seen a significant price increase of over 50% in just a few days. This surge has positioned SOL to continue its upward momentum, targeting the $75 level. SOL initiated its major rally by surpassing the
On November 12, an XRP and crypto enthusiast known as Krippenreiter shared exciting news regarding the newly upgraded XRP Ledger on X (formerly Twitter). The latest version showcases core updates and introduces new functionalities to enhance the overall performance of the ledger. One significant improvement in the upgraded XRP Ledger is the introduction of APIV2.
Ethereum (ETH), the second-largest cryptocurrency in the world, has been experiencing a remarkable surge in its price over the past month. This recent bullish rush in the crypto market, coupled with the involvement of BlackRock, one of the largest asset management firms, has propelled ETH to reach its highest point so far this year, soaring