Chainlink (LINK) is one of the cryptocurrencies that has suffered the most from the weakness of the altcoins. The LINK price has collapsed after 397 days in the range between $9.62 and $5.32, which is an extremely bearish signal. But the good news is that, after falling below support at $5.32 on 10 June, the…
This week, the cryptocurrency market has experienced a remarkable resurgence, resulting in unexpected price surges across numerous coins and tokens. Cardano (ADA) is a notable beneficiary, showcasing a significant price increase over the past three days. ADA’s resurgence exemplifies the reversal of sentiment witnessed in the cryptocurrency market, evoking a sense of optimism reminiscent of…
The recent surge in the Shiba Inu token burn has impacted the SHIB market again. Within 24 hours, over 341 million SHIB tokens were destroyed, sending the burn rate skyrocketing by roughly 6,936%. This development has bolstered the price of the popular meme coin as it continues an upward trajectory. The Shiba Inu community, affectionately…
Algorand (ALGO), the next-generation blockchain platform, has announced a major protocol upgrade that unleashes key new features for streamlining application development. The protocol upgrade, now live on Mainnet, reduces block time to roughly 3.3 seconds while maintaining instant transaction finality. This represents a more than 10 percent increase in speed and reinforces Algorand’s position as…
Bitcoin (BTC) has experienced a significant surge of over 10% in the last few days, leaving BTC bulls in euphoria. The largest cryptocurrency in the market has again become the center of attention, with investors expecting more upside movements soon. However, BTC recently stopped its uptrend and presented a minor pullback below the $30,000 level.…
Uniswap, the top decentralized exchange (DEX) in the Decentralized Finance (DeFi) space, has come under fire from developers after imposing a Business Source License (BSL) on its v4 code. According to a report by DL News, this move has restricted other developers from using the code for four years, leading to accusations that Uniswap is…
The IMF has often recognized crypto assets, especially Ripple (XRP), as instruments facilitating cross-border payments and remittances. Reuters reported that the International Monetary Fund IMF plans to launch a platform to facilitate CBDC creations and transactions. These mentions have always excited the XRP community. But recently, a prominent XRP influencer opined that the new XC…
In the often-polarizing universe of crypto, it isn’t often that an established Bitcoin maximalist or advocate publicly places a bet on a different coin. However, in a sudden turn of events, Crypto Rover, a crypto influencer and Bitcoin devotee, recently confirmed his substantial investment in XRP. The influencer did not only seem to boast its…
Dogecoin emerged as a highly popular cryptocurrency, originating from the world of internet memes. Despite its initially modest beginnings and relatively low value, it has amassed a large and enthusiastic community of followers. Dogecoin has gained significant popularity and a passionate community of supporters. The value of Dogecoin has been influenced by celebrity endorsements and…
Bitcoin (BTC), the largest cryptocurrency in the market, has demonstrated a strong shift in investor sentiment. Over the past 24 hours, BTC has surged by an impressive 9%, currently trading at $29,300. However, Bitcoin still faces significant hurdles, with a resistance line placed at $29,500, as well as a key psychological level at $30,000 that…