Tag Archives: AA News

The bull rally that was induced and propelled by Donald Trump’s victory in the 24 US presidential elections last week seemed to have missed Ripple’s native token, at least until earlier today. XRP managed to chart some gains in the past week, but it was nothing compared to the massive price surges seen from the likes of Bitcoin, Cardano, Dogecoin, Shiba Inu, and many others. XRPUSD. Source: TradingViewThe landscape for XRP, which lost some positioning to DOGE in the top 10...

The Ethereum Foundation – a non-profit entity that supports the second-largest blockchain – sold 100 ETH for 334,315.7 DAI on November 12th. The sale represents the foundation’s first ETH transaction since releasing its 2024 report last week. Ethereum Foundation’s ETH Sales According to the popular blockchain analytics platform ‘Spot On Chain,’ in 2024 alone, the Ethereum Foundation sold 4,266 ETH, raising $11.83 million at an average price of $2,773 per token. In September,...

Bitcoin (BTC) has been on a bullish price movement for over a week, fueled by Donald Trump’s presidential election victory. The leading cryptocurrency has unlocked multiple all-time highs (ATHs), tapping $90,000 earlier today. Arthur Hayes, the co-founder of the BitMEX crypto exchange, believes that the crypto asset could attain a price height of $1 million if Trump’s administration adopted the Chinese government’s economic development model. Trump’s Tenure to Boost the...

OP – the native token of one of the major layer-2 networks Optimism – has witnessed a more than 22% surge in the past week alone owing to the crypto market rally. At the time of writing, the asset is trading near $1.70 as it forms an ascending triangle pattern. Experts suggest that this pattern could push its price higher. OP’s Bullish Breakout Potential According to popular crypto analyst Ali Martinez’s latest tweet, OP has historically demonstrated a tendency to form market...

Animoca Brands – the Hong Kong-based Web3 giant – led the venture landscape in October, signaling broader ambitions across different sectors. Messari reported that Animoca made nine investments, surpassing other active entities such as CMS Holdings, which made seven, and Hack VC with six. Animoca Brands Pushes Venture Limits in October Traditionally known for its focus on gaming and digital collectibles, Animoca expanded its scope this month. According to Messari’s data, the...

The iconic NFT collection CryptoPunks appears to be making a comeback this year amidst the ongoing NFT bear market. According to CoinGecko, the CryptoPunks collection currently leads the NFT market with a 30.9% share among the top collections, a position it solidified after surpassing Bored Ape Yacht Club (BAYC) in May 2023. CryptoPunks Sees Resurgence But BAYC Loses Ground At the beginning of 2022, CryptoPunks held a 24.8% share, trailing BAYC’s 29.3% lead. Though it briefly...

Medical diagnostics company Semler Scientific has acquired an additional 47 BTC for $3 million using operating cash flow since its previous disclosure in August. Alongside its third-quarter results, the company revealed that its bitcoin holdings have reached 1,058. This stash is worth around $80 million in total purchases as of November 8th due to recent price appreciation. “Laser Focused” on Bitcoin Semler Scientific posted $13.5 million in revenue for Q3, a 17% decrease....

The entire cryptocurrency market is in the green today, but some are doing better than others. Ripple’s native token, for example, has charted a noteworthy 10% daily surge and sits above $0.6. However, it has lost its position as the 7th-largest cryptocurrency by market cap to Dogecoin, which has risen to another multi-year high. The past 24 hours have only solidified the overall bullish trend that started after Donald Trump’s victory in the 2024 US presidential elections....

Although crypto investors are still on the sidelines due to the just-concluded United States presidential elections, CryptoQuant analysts say Bitcoin is showing strong fundamentals and follows a bullish pattern seen in previous U.S. elections. According to a weekly report, one positive fundamental from a valuation perspective is that BTC is currently fairly valued and not overvalued. This means that a positive catalyst stemming from the elections could trigger a major rally...

After surging by more than 15% within a week, as well as breaking its March all-time high and charting several news ones, the latest at almost $80,000, bitcoin has become the focus of massive price predictions once again. While some come from questionable and unknown analysts and sources, one of the original bull cases – the stock-to-flow model developed by PlanB – indicates a rather impressive price of $500,000 per BTC as the asset seems “ready to take off” now. After the...