Altcoins

Bitcoin’s price has lost some momentum over the past 24 hours and has retraced back down to around $42,000. Most altcoins are also in the red, with SOL and ADA dumping by over 5%. ICP, though, has exploded by a massive 40% surge. BTC Down to $42K It was precisely a week ago when BTC’s late 2023 run culminated in a price surge to $44,700. This became the asset’s highest price tag in over a year and a half. However, the landscape started to worsen at that point. Monday was...

Bitcoin’s (BTC) price has surged impressively in the past three months thanks to optimism that a spot Bitcoin ETF could finally be approved in the US after years of rejection by the SEC. The popular AI system ChatGPT has issued a bold prediction for Bitcoin once this event occurs, which has surprised many investors. Additionally, the AI model has also highlighted new presale crypto Bitcoin ETF Token (BTCETF) as an altcoin that could capitalize on the hype around a spot crypto...

Core’s Seed Abstraction offers a seamless cross-chain experience. Users can employ Core-generated seeds across a spectrum of blockchains. In a groundbreaking move for the crypto space, Core Wallet has introduced an innovative approach to wallet creation with its Seed Abstraction feature. According to a press release shared with Coinspeaker, this pioneering technology eliminates the need for cumbersome seed phrases, providing users with a more accessible and user-friendly experience without...

Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency. Blockchain-based payment solutions provider Ripple has reaffirmed its support for central bank digital currencies (CBDC). In a 23-page white paper released on December 14, the firm explains the basics of CBDCs, their potential benefits, risks, and barriers to mainstream adoption. It also stresses the need for governments and private sector...

In response to the overwhelming demand, Solana Mobile announced that the phone will be restricted to one device per household to ensure broader community participation in the Saga experience. The frenzy surrounding Solana‘s crypto phone has reached a fever pitch after struggling to catch investors’ attention since its debut on May 8, 2023. The move comes as memecoin enthusiasts scramble to capitalize on the meteoric rise of a fast-rising memecoin, Bonk (BONK), which has surged an...

The 25 billion BONK tokens airdropped to Solana developers last year are now worth over $600,000 after the meme token has rallied in the last few months. During the holidays, it is common for companies to give their employees bonuses, usually in cash or kind. But last year, Solana developers got a potentially life-changing bonus when they were airdropped 25 billion BONK tokens each. Now, a year later, these developers could find themselves making quite a profit after the value of BONK has...

With a history of backing successful ventures like Cosmos, Solana, and Polkadot, Cyber.Fund aims to foster the development of what it terms the “cybernetic economy”, where blockchain forms the foundation. Cyber.Fund, an investment firm renowned for its early support of Ethereum, has recently unveiled an impressive commitment of $100 million towards blockchain projects that merge artificial intelligence (AI) and the Internet of Things (IoT). With a history of backing successful ventures...

Bitcoin cash is eyeing a fresh increase above the $242 resistance against the US Dollar. The price is now trading below the $245 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $238 and $242 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $230 against the US Dollar,...

Although the price spikes following the Fed announcement cleared recent bearish drawdowns and provided support levels, uncertainty remains over the sustainability of the increases. The prices of major cryptocurrencies, including Cardano (ADA) and Solana (SOL), have seen fluctuations around the latest Federal Reserve announcement on interest rates. On December 13th, 2023, the Fed decided to keep rates within a target range of 5.25–5.50%, leading to an initial boost in the price of Bitcoin...

Solana, the blockchain network hosting Bonk, has experienced an impressive run in 2023. Earlier this month, SOL saw a remarkable 50% jump in just a few days, indicating a strong bullish trend.   The crypto market is seeing another boom in the altcoin space as Solana-based memecoin, Bonk (BONK), witnessed a 40% surge in the past 24 hours following the announcement of its listing on the prominent exchange, Coinbase Global Inc (NASDAQ: COIN). This development positions BONK as the...