Markets

Binance (BNB) recently underwent regular maintenance, but its value took a hit, and crypto analysts are bullish that it can see a price increase. Chainlink (LINK) released an adoption update, highlighting the massive increase in its ecosystem size. Everlodge (ELDG) is also making a splash, as it aims to disrupt the $280 trillion real estate market. Binance (BNB) to Reach $310 Based on Projection by Ali Martinez Binance (BNB) announced standard maintenance, where through the...

Stellar lumen price is rising toward the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1250 on the 4-hour chart (data feed via Kraken). The pair could extend its increase if it clears the $0.1280 and $0.1320 resistance levels. Stellar lumen price is trading above $0.1250 against the US Dollar, like bitcoin. XLM price must...

XRP price started a fresh decline from the $0.630 resistance against the US dollar. The price is now trading below $0.622 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.620 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.598 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...

The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously exclusive to Ethereum. Paxos said it plans to make USDP available to the public on Solana starting January 17, 2024. This move marks a significant milestone for Paxos in the competitive stablecoin landscape, where rivals such as Circle and Tether are also racing for market dominance. Paxos’ Solana Expansion Paxos...

TLDR: BONK has recently surged, thanks to its listing on Coinbase and the growth of the Solana ecosystem. NuggetRush is another meme coin project that focuses on gaming and charity and has been successful in its ongoing presale. Over the past few years, crypto has been incomplete, with new meme coins rising from obscurity to command hundreds of millions or even billions in market cap. First, it was PEPE in late April 2023. PEPE rose, taking crypto by storm. In Q4 2023, Bonk...

TL;DR Bonk Inu’s (BONK) Current Status: Bonk Inu, a memecoin on Solana, has seen a 300% price increase recently, with its future performance dependent on market trends, community strength, and regulatory changes. Community and Technological Influence: BONK’s success could be influenced by its community support, social media trends, and technological advancements. Competition from Dogwifhat (WIF): The new Solana memecoin dogwifhat (WIF) has seen a 450% price increase, posing a...

Bitcoin came close to $44,000 hours ago, but it was rejected there and pushed south by about $500. Most altcoins trade quietly on Christmas Eve, but Solana has gone on a tear once again and has definitively surpassed BNB as the fourth-largest cryptocurrency. SOL Becomes 4th It’s safe to say that Solana’s native token has been at the forefront of the recent price rally among the altcoins. The past week alone brought a 55% surge for SOL. On a daily scale, the asset is up by...

In the face of declining prices in the crypto market and rising global interest rates, investors turned their attention to artificial intelligence (AI) this year. Bitcoin will remain the primary focus in the future; experts also suggest that AI will take center stage. According to Nansen’s latest projection, AI agents will dominate the blockchain in 2024, contributing to a more secure and streamlined ecosystem. AI Prominicense Nansen’s forecast for 2024 envisions a pivotal...

Messari’s latest newsletter posits that the industry is witnessing crypto’s adolescence, emphasizing that smart contract blockspace is becoming a commodity. CEO Ryan Selkis acknowledged 2023 as Ethereum’s best year yet, citing its status as the strongest network in terms of community size and revenue generation through fees. However, he suggested that the crypto industry is still in its “adolescence” while asserting that smart contract blockspace is evolving into a commodity,...

Bitcoin (BTC) and the broader crypto market could have a positive year in 2024 due to the effects of several on-chain metrics. According to a weekly report from market analytics platform CryptoQuant, metrics that could influence bitcoin’s positive trajectory next year include the upcoming halving, growing stablecoin liquidity, the widely anticipated spot Bitcoin exchange-traded fund (ETF) approval, and macroeconomic conditions. Bitcoin Could Have a Positive 2024 CryptoQuant...