Altcoins

Reacting to Coinbase’s announcement, BONK quickly took to its heels, gaining nearly 8% in value to reach $0.00001132. Solana-based memecoin Bonk (BONK) is set to be listed on Coinbase, a major US-based cryptocurrency exchange. This was revealed in an announcement by the exchange on Wednesday as it unveiled its listing roadmap via a blog post. According to Coinbase’s statement, it will henceforth use blogposts such as the latest one, to announce every asset listing decision. This is aimed...

The new NFT collection will give users a chance to own an actual piece of the Trump mugshot suit and tie, and access to dinner at his resort. Former United States president Donald Trump has unveiled a new non-fungible token (NFT) collection for $99, called the “Mugshot Edition”. The collection references the billionaire businessman’s legal issues, allowing Trump to monetize the problem. As part of a new sale of “digital trading cards” NFT collection he launched late last year, Trump is...

Solana price started a downside correction from the $77.50 zone against the US Dollar. The price is now trading below $70.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $66.25 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $66.00 and $62.00 support levels to start another increase. Solana price is trading above $62 against the US Dollar, like Bitcoin. SOL...

Circle recently reported that the global settlement volume of stablecoins reached $7 trillion last year, nearly half the $14 trillion settled by financial powerhouses Visa and Mastercard. This marks a shift towards digital currencies, especially in Latin America, where they have become part of everyday transactions. Stablecoins Spearhead Financial Revolution in LATAM The rise of stablecoins creates a new wave of financial interoperability and easier global commerce. Latin...

Binance says it has agreed to a robust monitorship for its compliance and sanctions control programs. Popular crypto exchange Binance has revealed that it has made significant progress with regulators. This follows after its recent run-in with regulatory bodies such as the US Securities and Exchange Commission (SEC) and the (CFTC). In a Tuesday blog post, the exchange acknowledged that it may have done things a bit wrongly in the past. That is, it may have not considered how quickly it was...

The number of daily transactions on the Litecoin network reached an all-time high of 1.09 million on November 14, surpassing even Bitcoin’s transaction count of around 523,284 at the same time. In a remarkable turn of events, the Litecoin (LTC) network has experienced an impressive surge in active addresses, achieving a new all-time high merely four months after the recent halving in August. As of December 8, 2023, blockchain data analytics company IntoTheBlock said the protocol had...

ADA price started a downside correction from the $0.650 zone against the US Dollar. The price is now trading above $0.50 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.540 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.584 and $0.600 resistance levels. Cardano’s price is consolidating above $0.500 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $2,400 resistance against the US Dollar. ETH price is now trading below $2,300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $2,195 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $2,100 support zone. Ethereum price is declining below $2,300 against the US Dollar. ETH/USD remains at a risk of more...

Binance has announced a new project on its Launchpool called Fusionist (ACE), the native token for the Endurance blockchain. Major crypto exchange Binance has introduced a new project on the Binance Launchpool – Fusionist (ACE). According to an official announcement, the ACE token is the native token of decentralized social blockchain Endurance. The blockchain will house Fusionist, a web3 AAA game. Binance’s announcement specifies that the total token supply is 147 million ACE. The...

Solana’s network activity has surged significantly and the current drop in the SOL price could be short-lived leading to a trend reversal soon. Amid strong sell-off in the broader cryptocurrency market, Ethereum Layer-1 competitor Solana is also facing some selling pressure. In the last 24 hours, the Solana (SOL) price has tanked by over 3% slipping under $70. SOL is trading nearly 10% down from its 2023 peak attained last week, however, it still maintains 13% gains on the weekly charts....