Read U.TODAY on Google News Sellers are still weaker than buyers, according to CoinStats.BNB chart by CoinStatsBNB/USDBinance Coin (BNB) is one of the biggest gainers today, going up by almost 10%.Image by TradingViewDespite today’s sharp rise, the price of BNB is looking bullish on the hourly chart. One should pay attention to the nearest level of $477.2. Until the rate is above that mark, the upward move is likely to continue.Image by TradingViewOn the daily time frame, there are no reversal signals yet. At the moment, the price is on its way to the vital zone of $500. If it can break it and…
Author: Web3 Daily Press Staff
Capital is rotating into other altcoins led by ETH. Ethereum’s TVL increased by 73.78%, indicating high altcoin interaction. Ethereum’s [ETH] rise above $3,900 could be the catalyst that changes the market dynamics and helps altcoins climb higher than they have. Ever since Bitcoin [BTC] hit a new all-time high, ETH has been outperforming it. This brought about the notion that Bitcoin’s dominance might have taken a step back. Whenever this happens, ETH’s price performs better. But the second most valuable cryptocurrency is not always the only beneficiary of this flipping. Most times, profits gained from ETH and BTC increase flow…
Bitcoin hit another all-time high today—but its solid gains look merely modest compared to those seen by other digital coins and tokens this week. The biggest digital asset is up nearly 10% over the past seven days, CoinGecko data shows. And as is usually the case, it’s brought the rest of the market with it. These major altcoins are killing it in comparison. Bitcoin forks BTC passed $70,000 on Friday before dropping sharply. But forks from the biggest coin are soaring. Bitcoin Cash (BCH) is up over the past week by nearly 40%. The 20th biggest coin by market cap…
The stock price of Coinbase has surpassed its initial direct listing price for the first time in over two years, as Bitcoin reached a new all-time high. When the most prominent U.S. crypto exchange entered the public market through a direct listing in 2021, the starting price was $250 per share. Initially, the stock experienced a surge, reaching a peak of $350 per share in November 2021. However, it concluded its first year on the market with a 38% loss. The following years saw Coinbase’s shares struggle as the cryptocurrency market cooled down and regulatory scrutiny from the SEC intensified.…
If you are searching for the best LTC casino because you want a different online gaming experience, you are in the right place. This is an in-depth review of the top Litecoin casinos, where we delve into the world of online gambling with Litecoin casinos. As the popularity of cryptocurrencies continues to soar, Litecoin has emerged as a prominent choice for players seeking fast, secure, and anonymous transactions in the online casino realm. In this comprehensive review, we meticulously assess the leading Litecoin casinos, scrutinizing their game selection, bonuses, payment options, customer support, and overall user experience. Whether you’re a…
The Ethereum network’s revenue surged to nearly two year highs this week as the speculative frenzy with meme coins boosted blockchain activity, IntoTheBlock noted in a Friday market report.IntoTheBlock data shows that Ethereum mainnet’s revenue from network fees reached $193 million this week, the highest figure since May 2022 and a 78% increase from last week.The on-chain activity was largely driven by increased speculation with meme tokens, IntoTheBlock analysts said. Ethereum-based meme tokens such as pepe (PEPE), shiba inu (SHIB) and floki (FLOKI) more than doubled in price over the past week as retailMeanwhile, trading volumes on decentralized exchanges (DEX)…
VeChain is among the top-performing cryptocurrencies this month as it spiked nearly 75% in the last 30 days. VET delivered handsome profits to investors who took an entry position into the altcoin early this year. The supply chain-based cryptocurrency is currently trading at the $0.04 level and is attracting bullish sentiments in the charts. The leading altcoin remains in the green for five consecutive days despite Bitcoin and the broader cryptocurrency market cooling down. Also Read: Cryptocurrency: Top 3 Coins to Buy Under $0.01 For Stellar Profits Source: Coingecko Now that VET already spiked 75% in 30 days, will the cryptocurrency…
Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects – Blockchain Bitcoin News Bitcoin.com News This news is republished from another source. You can check the original article here
On November 1st, the U.S. Securities and Exchange Commission (SEC) brought forth substantial allegations against SafeMoon, pointing out major misconduct related to their cryptocurrency token. In a parallel move, the Justice Department filed a range of charges against particular individuals associated with the company, amplifying the examination of the company’s practices and activities. Kyle Nagy, the mind behind SafeMoon, along with CEO John Karony and CTO Thomas Smith, are now at the center of this storm. They stand accused by the SEC of diverting a whopping $200 million from the project. This money, it is claimed, wasn’t put toward any…
Polkadot’s (DOT) latest technical indicators signal potential stormy weather ahead. A bearish EMA crossover on the hourly charts suggests a loss of upward momentum for the DOT price, while the RSI trends indicate that the asset may be overbought. These technical patterns suggest that Polkadot’s recent support level at $10 could soon face a stern test. Investors and traders should brace for choppy waters as bearish signals take the helm in the short to mid-term. DOT Development Activity Drops DOT development activity rose from 13.10 on February 13 to 17.85 on March 1, accumulating a 36.26% growth in roughly 2…