Markets

Vitalik Buterin, co-founder of Ethereum, took to social media platform X to commend Celo’s growth. The blockchain network recently outpaced Tron in daily active addresses for stablecoin usage. Celo’s Growth In his post, Buterin expressed enthusiasm for the achievements, stating: “This is amazing to see. Improving worldwide access to basic payments and finance has always been a key way that Ethereum can be good for the world, and it’s great to see Celo getting traction.” At...

TL;DR A popular analyst expects an Uptober for XRP, driven by the potential resolution of the Ripple v. SEC lawsuit and increased adoption. EGRAG CRYPTO predicts XRP could reach a new all-time high of $13 in the following months, though this is considered unlikely. The XRP Army is Waiting for Uptober October is a typically bullish month for the cryptocurrency market, with the prices of Bitcoin (BTC) and other leading digital assets often recording substantial gains during...

Ethereum (ETH), the second largest cryptocurrency, has failed to reclaim the $3,000 price mark since early August. However, things could begin looking positive for the asset once again. An analyst from the blockchain analytics platform CryptoQuant has shared a chart explaining how a continued cash inflow into the Ethereum futures market could elevate the biggest altcoin. Source: CryptoQuantFunding Rates to Drive ETH’s Price Rebound According to the analyst, the perpetual...

Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what. Solana Vs. Ethereum The report, authored by Martin Leinweber, highlights some major differences between the two. In some cases, such as the number of transactions, daily...

Pepe Unchained is the latest meme coin grabbing everyone’s attention. It’s already made its mark by raising over $15 million in its presale phase. But the big question is: does Pepe Unchained (PEPU) have what it takes to be 2024’s most revolutionary meme coin? Pepe Unchained Presale Raises $15M as Investors Join the Action The Pepe Unchained presale kicked off on June 16th, and it’s been gaining momentum ever since. In just over three months, it’s managed to raise $15.1...

The meme coin market never stops – and a new entrant is grabbing everyone’s attention. First Neiro on Ethereum (NEIRO) has burst onto the scene, shooting into the top 10 meme coins by market cap. And with another hot project, Crypto All-Stars (STARS), gearing up to launch, investors are keeping a close eye on whether the magic can happen again. New NEIROCTO Coin Takes Ethereum By Storm It feels like a new trending meme coin is popping up every day. But First Neiro on Ethereum...

Ethereum’s bullish momentum has weakened after breaching the middle trendline of a multi-month descending channel, resulting in muted sideways price action. This consolidation phase could lead to a pullback, potentially setting up the stage for the next leg of the bullish trend. Technical Analysis By Shayan The Daily Chart Ethereum experienced a surge driven by increased buying activity in the perpetual and spot markets, breaking above the crucial $2.5K resistance level. This...

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According to a Sept. 23 report by tech outlet The Information citing ‘people familiar with the matter,’ the blockchain prediction platform is in talks to raise $50 million in funding. The New York-based company is also considering issuing its own token to run its betting market, with potential funding round investors receiving warrants to buy these coins, according to the report. Polymarket would use the token “as a way for users to validate the outcome of real-world...

The yellow metal recently broke past the $2,630 mark, registering a new record high, but Peter Schiff, the well-known gold advocate, is concerned that investors aren’t paying attention. According to him, the market’s obsession with Bitcoin (BTC) has overshadowed the critical signals gold is sending about the state of the economy. Schiff Decries Bitcoin Attention “With so much attention focused on Bitcoin, investors are missing out on gold’s gains and the significance of its...