Markets

It was another challenging year as one war continued without an evident conclusion (Russia-Ukraine), and another one broke out in the Middle East. Numerous countries are trying to fight off the increasing inflation, some with bigger success than others. With just hours left of 2023, it’s interesting to compare the performance of the world’s largest stock market indexes, gold, which typically performs better during uncertain times, and Bitcoin – an asset that has been...

These two blue chip, large-cap, top-ten cryptocurrencies may not seem to have much in common. But they settled into a similar price range in December, according to market data from CoinGecko. In the first two weeks in December, after XRP price found support around the $0.60 level in late November, ADA tokens rocketed up from key support at the $0.35 handle to settle in at that same $0.60 support level. These two altcoins each recently scored a Binance listing with USDC as a...

XRP performed fantastically in 2023, with 87% YTD gains the final week in December and an eye on $1 in 2024. That’s impressive, given Ripple’s legal woes with the SEC lawsuit since 2020. In December, XRP’s price continues to trade with support at $0.62 and a descending line of resistance from $0.72 on Nov. 6 to $0.67 on Dec. 8 to $0.65 on Dec. 25. In any case, it’s important to look at some of the key dates that are approaching in Ripple’s lawsuit that may serve as a catalyst...

As altcoins surge in various directions, it’s noteworthy that the market has not undergone a 25% drawdown in the past 12 months for 234 consecutive days, marking the lengthiest streak since 2011. Even as altcoins continued to fly across the board, Bitcoin has emerged as a winner and one of the top-performing crypto assets so far. Data also suggest that Bitcoin currently holds the top position among blockchain networks in terms of transaction fees over the past seven days....

While the holiday season typically brings a lull to many sectors, the cryptocurrency world is buzzing with activity. Notably, CorgiAI has been on a rollercoaster ride, witnessing a staggering 300% surge in December. Meanwhile, Galaxy Fox – among the best upcoming ICO – is on the verge of hitting the $2 million mark in its presale. CorgiAI vs. Pepe: A Memecoin Showdown As the year winds down, CorgiAI has emerged as a dark horse, achieving a remarkable 53% surge on December...

Investors are on the lookout for interesting perspectives ahead of the anticipated 2024 bull market. There are multiple exciting projects to watch, with Bitcoin (BTC), Ripple (XRP), and Pullix (PLX) among them. While BTC and XRP are well-established cryptocurrencies, Pullix is a new ICO. Bitcoin (BTC): Explosive Growth Anticipated in 2024 Bitcoin (BTC) requires no introduction. Nevertheless, it is the first cryptocurrency. It leads, while other altcoins (alternate coins to...

Next year looks promising for the crypto industry as major events are set to occur. Among the several benefits of the upcoming events is a stronger interest from institutional investors and wider adoption of crypto assets, a significant milestone for a sector that came into existence just 14 years ago. CryptoPotato has put together this short list as optimism builds around the potential growth of the Bitcoin ecosystem, stemming from the network’s upcoming halving event, the...

It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023. The year 2023 has been a rollercoaster ride for the cryptocurrency ecosystem, defined by important events that have impacted the industry’s direction. From stablecoin woes to regulatory disputes, institutional acceptance, and the advent of meme coins, the crypto sector has seen a wide range of stories. Here are the top 10 major crypto headlines that have...

Bitcoin failed at $43,000 yesterday, and the subsequent rejection pushed the asset hard south to a 12-day low of under $41,400. Most larger-cap alts have also retraced on a daily scale, with SOL and AVAX losing the most (around 6% each). BTC Stopped at $43K Ever since last weekend, when BTC failed to decisively overcome $44,000, the asset has struggled to maintain its momentum. It started losing value at the start of the business week, which resulted in a price drop to...

TL;DR Solana’s SOL token has shown impressive performance this year, with significant growth in price and market capitalization, making it one of the top digital currencies in the market. Future growth potential for SOL hinges on factors like technology adoption, overcoming past network issues, regulatory developments, and potential strategic partnerships, which could enhance its market value and utility. Despite its progress, SOL’s market cap is still behind major players...