As part of the deal, Pulsar Finance’s flagship product Portfolio, will undergo integration into Terraform’s Station, a cross-chain wallet. Terra blockchain’s leading developer Terraform Labs announced the acquisition of the cross-chain portfolio management and analytics startup Pulsar Finance. This development arises as Terraform grapples with ongoing legal challenges arising from the demise of the algorithmic stablecoin TerraUSD in May of 2022. A notable legal conflict involves a lawsuit...
Read More »Cardano (ADA) Price Analysis: Dips Coud Be Limited Below $0.325
ADA price is correcting gains from the $0.40 zone against the US Dollar. The price is now trading below $0.380 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.378 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.378 and $0.395 resistance levels. Cardano’s price is rising above $0.340 against the US Dollar, like Bitcoin. ADA price could resume...
Read More »Ethereum Price Analysis: ETH Rally Is Just Getting Started
Ethereum price is moving higher above the $2,000 resistance against the US Dollar. ETH price is now trading above $2,000 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,980 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,950 support zone. Ethereum price is rising above the $1,950 level against the US Dollar. ETH/USD could rise further if it clears the...
Read More »Digital Asset Investments Hit $1.14 Billion YTD: CoinShares
Digital asset investment products saw inflows amounting to $293 million over the past week. This extended a seven-week streak of inflows surpassing the $1 billion milestone. Year-to-date inflows now stand at $1.14 billion, marking the third-highest annual inflows on record. Ethereum witnessed a massive turnaround in sentiment, welcoming its largest inflow since August 2022 of $49 million. According to CoinShares’ report, the last two weeks signified a “real turn” around in...
Read More »THORChain Now 3rd Largest DEX as Trading Volume Hits $1.32B
Erik Voorhees, a prominent Bitcoin advocate, highlighted THORChain’s significance by noting that it processed almost 2%, equivalent to $224 million, of the overall spot Bitcoin trading volume between November 11 and 12. In a recent development, THORChain has emerged as a powerhouse in the Decentralized Finance (DeFi) ecosystem, claiming the title of the third-largest Decentralized Exchange (DEX) by trading volume. Over the last week, THORChain recorded an impressive $1.32 billion in...
Read More »Coinbase to Start Offering Solana and Avalanche Futures Contracts from November 14
SOL-PERP and AVAX-PERP markets will be launched on Coinbase International Exchange and Coinbase Advanced starting November 14. Coinbase, a leading cryptocurrency exchange, revealed its plan to introduce perpetual futures contracts for two major altcoins, Solana (SOL) and Avalanche (AVAX). The exchange will feature SOL-PERP and AVAX-PERP markets on Coinbase International Exchange and Coinbase Advanced starting November 14, pending favorable liquidity conditions. Perpetual futures, a...
Read More »Peter Schiff Predicts Bitcoin Crash as US ETF Frenzy Gets Slowly Priced In despite High Optimism
While Peter Schiff thinks Bitcoin price will crash before the ETF launch in the United States, analysts at AllianceBernstein issued a prediction of $150k in 2025 driven by the halving event and institutional inflows. The recent Bitcoin (BTC) breakout has significantly raised investors’ optimism for a continued bullish trend in the coming weeks toward the end of the year. Already, the altcoin market led by Ethereum (ETH), Solana (SOL), and Chainlink (LINK) has made significant gains in the...
Read More »ADA Price Gains Over 52% in 4 Weeks despite Notable Cardano Network Upgrade Delays
Cardano Foundation CEO Frederik Gregaard recently noted that the development of the smart contract-enabled ecosystem has been slow due to the high academic approach, which has been considered boring but important. Amidst the ongoing altcoin breakout fueled by the optimism revolving around the Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the United States, Cardano (ADA) has been among the best-performing top-rated altcoins and demonstrated very positive price trends....
Read More »Stellar Lumen (XLM) Price Remains Supported For Fresh Increase Above $0.12
Stellar lumen price started a downside correction from the $0.1300 zone against the US Dollar. XLM price is now trading below $0.1250 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1250 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.125 and $0.130 resistance levels. Stellar lumen price is trading above $0.120 against the US Dollar, like bitcoin....
Read More »Ripple Price Analysis: Bulls Remains Active Near $0.64
Ripple price started a downside correction from the $0.7320 zone against the US dollar. The price is now trading below $0.6650 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.6200. Ripple price is consolidating near $0.640 against the US Dollar, like Bitcoin. XRP...
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