Few obstacles seem to be in the way of Bitcoin’s current rally. The largest cryptocurrency rose for the second straight day and marched closer to its all-time high, driven by expectations of exchange-traded funds’ robust demand at the week’s start.The most liquid token rose as much as 4.5% to $65,650 – its first move above $65,000 since November 2021. The token has surged around 55% so far this year, outpacing traditional asset classes such as stocks by a wide margin. This news is republished from another source. You can check the original article here
Author: Web3 Daily Press Staff
Litecoin (LTC) gets a neutral rating from InvestorsObserver Monday. The coin is down 1.52% to $90.5 while the broader crypto market is up 3.9%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip. Litecoin price is well positioned between support and resistance. With support set around $88.09 and resistance at $95.11, has some…
TL;DR Shiba Inu sees significant gains for another consecutive day. The token flipped some of the leading alternative coins in terms of transaction volume. The rally of Shiba Inu (SHIB), witnessed in the past few days, seems to be going strong. The asset’s price is well in the green today (March 4), surging by 30% in the last 24 hours and 180% on a weekly scale. In addition, SHIB’s market capitalization exceeded $16 billion for the first time in two years, making it the 12th biggest cryptocurrency. The impressive performance surrounding the second-largest meme coin does not end here. According…
The leaders of enterprise blockchain project VeChain have made a landmark move to position their network at the forefront of global sustainability efforts. VeChain CEO Sunny Lu unveiled the new VeBetterDAO platform at Mobile World Congress 2024, marking the next evolution of VeChain’s commitment to enabling positive change through innovative blockchain solutions. TLDR VeChain has launched VeBetterDAO, an innovative sustainability platform centered around rewarding users with B3TR tokens for taking real-world actions. Extensive B3TR airdrop campaigns are underway to seed an initial user base and drive engagement ahead of the full mainnet launch in July. The platform features a dual-token…
Tether (USDT) has become the world’s largest stablecoin because it combines utility, security, and accessibility. In line with Tether’s commitment to keeping USDT accessible and secure, USDT has expanded across several blockchains. As USDT has become available on more blockchains, Tether has developed a robust blockchain recovery plan. In the event that any blockchain on which USDT is available becomes disrupted, Tether has developed and will implement its proactive measures to ensure uninterrupted accessibility for our holders, and safeguarding users accessibility to their USDT.Tether is a lifeline for hundreds of millions of users across the globe. Tether is especially important…
SafeMoon Inu receives a weak short-term technical ranking of 9 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. SMI has a superior recent technical analysis than 9% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto. InvestorsObserver is giving SafeMoon Inu a 9 Short-Term Technical Rank. Find out what this means to you and get the rest…
Polkadot (DOT) gets a very bullish rating from InvestorsObserver Monday. The Distributed Software Platform asset is up 8.88% to $9.99 while the broader crypto market is up 4.24%. Polkadot has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Polkadot! The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip. Polkadot price is currently above resistance. With support set around $8.68 and resistance at $9.78,…
Tron Ecosystem Revs Up: NFT Marketplace Launch Fuels Gains for BTT and NFT Tokens FX Leaders This news is republished from another source. You can check the original article here
The cryptocurrency market has witnessed an unexpected surge from a newcomer, Pepecoin (PEPE). This meme coin has outperformed established giants like Dogecoin (DOGE) and Shiba Inu (SHIB), minting numerous millionaires. PEPE’s trading volumes reached a lifetime high of $3.6 billion, surpassing the volumes of other meme tokens, including Shiba Inu, Floki, and Dogecoin. This achievement is remarkable, considering that developers of these established tokens have introduced ecosystem upgrades. Over the past 24 hours, PEPE has surged by an impressive 60%, extending its weekly gains to over 370%. Dogecoin (DOGE) and Bonk (BONK) sparked this meme coin rally. With PEPE’s price…
EigenLayer’s total value locked (TVL) has surged to $10 billion, marking a significant uptick from its $1.1 billion valuation at the start of the year. This growth, equating to 2.93 million Ethereum (ETH), underscores the protocol’s expanding influence within the decentralized finance (DeFi) sector. EigenLayer allows users to deposit and restake ETH through various liquid staking tokens. This process aims to enhance the security of third-party networks. How DeFi Protocol EigenLayer’s TVL Surged 5X Since February Recent weeks have witnessed remarkable growth in EigenLayer’s TVL, particularly over the last 30 days. On February 2, 2024, the TVL stood at around…