Santiment, a leading financial market data platform, has recently unveiled its insights into the top Real-World Assets (RWAs) in the cryptocurrency realm. Using an innovative analysis based on GitHub activity, Santiment has curated a list of RWAs, ranking them according to their robust development and active projects. Here’s everything you need to know. Chainlink Takes Center Stage At the forefront of Santiment’s list stands Chainlink (LINK), dominating the RWA sector with unparalleled development activity, surpassing its competitors by threefold. The remarkable performance of Chainlink demands our attention as it continues to set new standards for growth and innovation. Despite challenging…
Author: Web3 Daily Press Staff
If Cardano repeats the 3,775% surge of late 2020 and 2021, its price could rise to a substantial double-digit value at the peak of the anticipated altcoin season. The current bull market has been ongoing for approximately six months, during which Bitcoin (BTC) has surpassed its 2021 all-time high. Lower-ranked assets such as Render (RNDR) and Injective (INJ) are also experiencing a price discovery phase, having cracked their previous all-time highs. Despite the ongoing bull market, many altcoins like Cardano (ADA) remain significantly below their 2021 highs. In particular, ADA trades at a staggering 81.04% below its previous peak of…
Popular X influencer Jake Gagain is very bullish on XRP (XRP) and believes the token could set a new all-time high record in 2024. After an impressive performance in the past month, another crypto analyst, Mind Trader, expects Bitcoin Cash (BCH) to see an exponential rise this year. Meanwhile, the biggest bet remains on KangaMoon (KANG) which has continued to tower above others in the meme coin market. Let’s dive in. KangaMoon (KANG) Nears $3.5 Million in Presale With analysts predicting a huge rise for XRP and Bitcoin Cash, KangaMoon is moving fast as one of the top meme coins…
Published: Tue 2 Apr 2024, 12:01 PM Last updated: Tue 2 Apr 2024, 12:14 PM Standard Chartered has updated its previous Bitcoin price prediction based on the coin’s bullish price movements. Presently, the organisation has forecasted that Bitcoin will skyrocket to $150,000. Meanwhile, Binance Coin investors are doubling down on a promising new altcoin called KangaMoon. The altcoin has recorded a massive increase of 180 per cent in the past few months. Let us learn more about the project. KangaMoon (KANG) Emerges As the Next Top Meme Coin KangaMoon (KANG) is a project that seeks to launch a community-based platform…
Ethereum Issuance Reduction Proposal Prompts Fierce Crypto Community Criticism – Altcoins Bitcoin News Bitcoin.com News This news is republished from another source. You can check the original article here
After a decade of anticipation, rejections, and delays, the United States Securities and Exchange Commission (SEC) has finally approved a dozen spot Bitcoin ETFs, marking a significant milestone for the cryptocurrency market in 2024. This long-awaited approval has led to a surge in Bitcoin’s price, driven by increased interest from traditional investors eyeing these products. With the Bitcoin ETFs paving the way, major players in the cryptocurrency world like Blackrock and Fidelity are actively seeking approval for their ETF applications with the SEC. However, hopes for Spot Ethereum ETF approvals have dwindled, contrary to earlier projections expecting SEC approval by…
The Bitcoin market has witnessed a significant downturn, with prices plummeting below the $66,000 mark. This abrupt -5.6% price movement can be attributed to four major factors: a long liquidation event, a rising US Dollar Index (DXY), profit-taking by investors, and spot Bitcoin ETF outflows. #1 Long Liquidations The main force leading to today’s downturn in Bitcoin’s price was a significant deleveraging event characterized by an unusually high level of long liquidations. Before the downturn, Bitcoin’s Open Interest (OI) Weighted Funding Rate was unusually high, indicating that leveraged traders were paying premiums to maintain long positions in anticipation of future…
The leading global cryptocurrency exchange, Binance, has unveiled its plans to introduce new spot trading pairs for tokens like Bitcoin Cash (BCH), Litecoin (LTC), and others, sparking excitement within the crypto community. Notably, this move comes amid a period of a market downturn, prompting speculation about the potential impact on the prices of these assets.Binance To List BCH, LTC, & Other Spot Trading PairsBinance’s decision to list new trading pairs for cryptocurrencies like Bitcoin Cash (BCH), Litecoin (LTC), and others, has generated significant interest among the market participants. Notably, the exchange’s move is seen as a positive development, particularly during…
The Shiba Inu price was trading at 0.00002719 as of 3:00 am EST, down 6.3% over the last 24 hours. SHIB’s trading volume has increased by 22% to $915 million, and with a market capitalization of $16 billion, the popular memecoin is positioned 12th, according to the CoinMarketCap ranking. Shiba Inu’s price has grown by 20% in the last 30 days and over 160% so far in 2024. This amazing performance of SHIB has been attributed to the resurgence of investor interest in memecoins. Memecoin resurgence drives Shiba Inus’s price The ongoing bull market has seen investors drawn to speculative…
VeChain (VET) has emerged as the star player in the crypto space, experiencing an impressive surge of nearly 35% within the last 24 hours. This ascent has positioned VeChain as the highest gainer among the top 100 cryptocurrencies by market capitalization. The VET token has skyrocketed to intraday highs of $0.049, showcasing a remarkable 65% gain for the week. Here are they key factors you need to know about. Trading Volume Soars to $560 Million Simultaneously with this surge, there has been a substantial increase in trading volume, witnessing a surge of 473%. Over half a billion dollars ($560 million)…