Next Article Ethereum has gained over 8% in the last week What’s the story Bitcoin has climbed 2.07% over the last 24 hours, trading at $70,524.24. It is 7.83% higher than the previous week. The second most popular token, Ethereum, has gained 1.18% from yesterday and is trading at $3,558.85. From the previous week, it is up 8.39%. Bitcoin and Ethereum have a market capitalization of $1,395.14 billion and $426.97 billion, respectively. What is the status of other popular cryptocurrencies? BNB is trading at $613.30, which is 6.13% more than yesterday and 6.22% higher from the previous week. XRP’s price…
Author: Web3 Daily Press Staff
April 10, 2024 11:02 AM | 1 min read | Over the past 24 hours, Polkadot’s (CRYPTO: DOT) price has fallen 4.96% to $8.32. This continues its negative trend over the past week where it has experienced a 3.0% loss, moving from $8.55 to its current price. The chart below compares the price movement and volatility for Polkadot over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray…
Bitcoin was Wednesday’s top-ranking blockchain in the non-fungible tokens (NFT) market, with sales reaching US$19.08 million, marking a 5.79% increase from the day before. Bitcoin collection PUPS led the way with US$2.15 million. PUPS raked over US$5.3 million alone this week. Bitcoin’s recent performance has contributed to a slight rise in its all-time sales volume, now standing at US$3.15 billion. Ethereum had a downturn, with sales dropping by 13.20% to US$9.39 million. Ethereum maintains a significant lead in the all-time sales volume with US$43.52 billion. Solana’s daily performance showed a 15.67% decline in sales, totaling US$8.16 million, raising all-time sales…
As of now, IOTA is priced at $0.396724, with a trading volume of $222.57 million in the last 24 hours. Its market cap sits at $1.26 billion, making up 0.05% of the total market. Over the past day, the price of MIOTA has seen a significant 16.85% increase.Back in December 2017, IOTA reached its peak price of $5.54, but it hit its lowest point on March 13, 2020, when it fell to just $0.077481. Since then, it hasn’t dropped lower than that cycle low, but it has climbed as high as $2.68 (the cycle high). Currently, the sentiment around IOTA’s…
Crypto tracker Whale Alert observed Dogecoin whales accumulating huge amounts of the meme token in the past hours. This is surprising considering the overall bearish sentiment on the market two weeks before the halving. On the other hand, the market historically went through a dip weeks before the halving and the halving-induced bull run. Which might be the reasoning behind these accumulations. Despite the whale buyers, DOGE is still painted in red, trading at around $0.17. This level seems to be a new support for the meme coin. These million-dollar wallets also diversified a portion of their portfolio to a…
Leading DeFi protocol dYdX recently announced a strategic collaboration with Privy, marking a significant step towards enhancing user accessibility and convenience. Through this partnership, dYdX aims to simplify the account creation process for its users, leveraging existing social media credentials or email addresses. Streamlining User Onboarding: A New Era for dYdX dYdX’s Head of Business Development, James Hallam, expressed enthusiasm regarding the collaboration with Privy, emphasizing its potential to streamline the onboarding process. Hallam highlighted the significance of this initiative in making dYdX faster, more intuitive, and accessible to a broader audience of Web3 users. Enhancing Accessibility and Inclusivity The…
Major crypto analyst Michaël van de Poppe has tipped that the Chainlink (LINK) recent dip could signify a massive buying opportunity that can result in significant ROI for traders and investors. Mantle (MNT) is another altcoin that witnessed a massive 37% rise during the past month and could reach new heights. However, the most significant attention has gone towards KangaMoon (KANG), a project which has raised over $4.5 million as it entered the last Stage of its presale, and has 5,000% growth potential. We will go over all three altcoins and determine why they are the best altcoins to invest…
April 10, 2024 9:53 PM | 2 min read | Renowned crypto analyst, Ali Martinez, predicts a consolidation phase for Cardano (CRYPTO: ADA) before a potential breakout.What Happened: On Wednesday, Martinez took to X, formerly Twitter, to express his views on the current state of Cardano, a currency sometimes labeled as an Ethereum (CRYPTO: ETH) killer.. He believes that the cryptocurrency is exactly where it should be, consolidating in the $0.55 to $0.80 range, before a potential breakout to $1.70.ENTER TO WIN $500 IN STOCK OR CRYPTOEnter your email and you’ll also get Benzinga’s ultimate morning update AND a free…
April 10, 2024 11:00 AM | 1 min read | Over the past 24 hours, Bitcoin Cash’s (CRYPTO: BCH) price has fallen 10.6% to $615.79. This is opposite to its positive trend over the past week where it has experienced a 1.0% gain, moving from $604.02 to its current price. The chart below compares the price movement and volatility for Bitcoin Cash over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or…
The digital currency sphere presents a dynamic mix of well-established giants and emerging powerhouses. Wondering which cryptocurrency represents the most promising investment or which one shines the brightest in the vast cosmos of options? The answer lies with the emerging sensation BlockDAG, which is currently in the spotlight due to its potential for rapid sales. While Binance Coin showcases significant growth, Arbitrum navigates through periods of uncertainty. However, for those in pursuit of the next major success story, BlockDAG distinguishes itself with cutting-edge technology and extraordinary profit possibilities, making its ongoing $15.6 million presale an opportunity worth considering. Growth Trajectory…