Markets

Besides being in the top 40 tokens in terms of market cap, TIA is also listed on CoinGecko’s trending tokens list. 2024 has started off on a positive note for the crypto market. Besides the Bitcoin ETF and the air of excitement that it has created, several altcoins are seeing positive price movement. Along with more optimism from investors, many of these projects offer new and exciting uses for crypto and blockchain. One example of this is TIA, the native token of Celestia. TIA has just...

SUI has demonstrated an impressive surge over the last couple of days, taking the token’s price to a new ATH. The price of SUI, currently the 50th largest cryptocurrency by market capitalization according to CoinMarketCap data, hit a new all-time high (ATH). SUI rose to $1.43, the highest price since May 2023, shortly after the network’s launch. The platform’s market cap is now at $1.54 billion. SUI seems to be on an impressive bull run, climbing more than 10% in the last 24 hours, and...

The Binance report revealed that on-chain metrics indicated a remarkable resurgence in gaming activity in 2023. Binance, the world’s largest cryptocurrency exchange by trading volume, has released its yearly report on the digital assets industry for 2023 and a possible outlook for the new year. In a blog post published on January 15, 2024, the company revealed that the industry witnessed a significant comeback with a 109% increase in total market capitalization after the year-long...

Two interesting crypto projects are in the spotlight recently – Ethereum Classic and Galaxy Fox. Ethereum Classic ($ETC) caught the attention of many investors and traders with its 35% surge. Meanwhile, Galaxy Fox ($GFOX) is gaining traction with its ongoing presale, which is on track to hit the $3 million mark. Why is Ethereum Classic ($ETC) Going Up? Ethereum Classic ($ETC) has emerged as a dark horse, surging by a staggering 35% in a week. But what’s fueling this...

JPMorgan predicts that a lot of money currently invested in other crypto instruments will be re-directed to the Bitcoin spot ETF. Even before the Bitcoin spot ETF was approved, industry experts had already predicted that it would be high in demand. Given how many years companies in the crypto space pursued an ETF, that was to be expected. But now, a report from JPMorgan casts light on just how popular the new crop of spot Bitcoin ETFs has been. As per the report, a lot of the capital...

Analysts anticipate that the outflows from Grayscale’s Bitcoin Trust (GBTC) ETF, coupled with investors shifting to lower-fee options, will exert downward pressure on Bitcoin price. Bitcoin (BTC) experienced a rocky weekend as it fell below $42,000 for the second time, failing to break above $43,100 amid subdued trading volumes. The excitement surrounding the approval and launch of spot Bitcoin Exchange-Traded Funds (ETFs) initially propelled the flagship crypto to a two-year high above...

Stellar lumen price is struggling to clear the $0.1265 resistance zone against the US Dollar. XLM price is now trading above $0.1185 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.1185 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1145 support zone in the near term. Stellar lumen price is trading below $0.1265 against the US Dollar, like Bitcoin. XLM price could...

XRP price started a fresh decline from the $0.624 resistance against the US dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.562 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.540 support zone. XRP price is struggling below $0.600 against the US Dollar, unlike Bitcoin. The price could decline...

1inch experienced a substantial surge in volumes and market dominance in the fourth quarter of last year amidst a broader market resurgence, According to Messari’s report, the popular DEX aggregator recorded over $30 billion in executed volume and a commanding 64% share of the Ethereum DEX aggregator market. The nearly doubled volume from external sources suggests increased adoption of 1inch as a backend solution and the expansion of aggregator platforms. 1inch Sees Increased...

Bitcoin (BTC) and Ethereum (ETH) are currently following a pattern similar to previous years, during which their prices surged by 500% and 1,000%, respectively, according to the latest research report by Coinbase Research and Glassnode. The observation draws parallels between the ongoing crypto market cycle and the period from 2018 to 2022, characterized by substantial price increases in both cryptocurrencies. Bitcoin Halving’s Potential Impact on Crypto Markets Analysts...