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Tag Archives: Altcoin News

L2 Crypto Project Blast Crosses $822M in TVL Ahead of Next Year’s Mainnet Launch

Blast has announced that it is hiring for senior DevOps engineer and senior protocol engineer to ensure a timely mainnet launch in February 2024. Amid the heightened demand for liquid staking on the Ethereum (ETH) network from institutional investors, Blast protocol, a layer two (L2) project backed by Paradigm venture capital and Standard Crypto, has set a new record in Total Value Locked (TVL) and community members. According to the latest market data provided through DeBank, Blast...

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Popular Analyst Predicts XRP Price to Rally Over 2000% Based on Golden Cross Pattern

XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. JD’s submission is based on a historical pattern of movement called the “golden cross”. And XRP may have just formed one on the 4-day timeframe. In an explanation via a recent X post, the analyst explained that a golden cross is formed when an...

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IEEE to Execute Credentialing System on Avalanche in Zupple Labs Partnership

IEEE’s influence spans a wide range of sectors, including publications, conferences, technology standards, and professional and educational activities. The Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization with over 426,000 members across 160 countries, has taken a pioneering step towards enhancing the security and efficiency of its credentialing system. In a strategic partnership with Zupple Labs, IEEE is set to implement a...

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Namada Launches RPGF Airdrop, Releasing 65M $NAM Tokens to Community

Anoma Foundation’s Namada launches its RPGF airdrop to eligible participants on the network. In a press release this Wednesday, Anoma Foundation, the parent developer of the Namada ecosystem, announced its Namada RPGF (Retro Public Good Funding) airdrop for communities and individuals who helped in building and funding public goods. The RPGF Drop aims to disburse 65M $NAM tokens (6.5% of total supply) to eligible participants starting on 6th December 2023 and ending on 28th December 2023...

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Resurgence of Dog Tokens: Bonk vs Dogecoin and Shiba Inu

While DOGE and SHIB experienced notable gains of 16% and 10%, respectively, in the past 24 hours, Bonk outshone its counterparts with a surge exceeding 70%. In recent developments in the crypto market, the resurgence of dog-themed tokens has taken center stage, with Bonk (BONK) emerging as a formidable contender against the more established players like Dogecoin (DOGE) and Shiba Inu (SHIB). The recent resurgence in interest in these tokens has seen substantial gains for holders,...

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Solana (SOL) Price Analysis: Bulls Still Aim For Move To $75

Solana price started a downside correction from the $65.50 zone against the US Dollar. The price is now trading above $60.00 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $59.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $60.00 and $59.50 support levels to start another increase. Solana price is trading above $60 against the US Dollar, like Bitcoin. SOL...

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DWF Labs Invests Additional $1.25M in FLOKI to Support the Ecosystem

According to Floki, DWF Labs has helped the ecosystem in many ways, including assisting in listing the token on crypto exchanges to make FLOKI accessible to users from around the world.  Crypto market-maker (MM) DWF Labs has acquired an additional $1.25 million worth of FLOKI tokens to support the advancement of the ecosystem. According to a blog post on December 5, the memecoin project Floki Inu announced that the liquidity provider had increased its portfolio with more tokens purchased...

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XRP Price at $0.6, Will XRP Follow Bitcoin Bull Run in December?

Although Bitcoin has outperformed XRP in 2023, there is the chance that XRP could follow in Bitcoin’s footsteps for a December bull run. Bitcoin has had a relatively good year, returning more than 144% to investors since January. The king coin has also climbed nearly 14% in the past month and about 10% since December 1st. Currently trading above $42,000 according to CoinMarketCap data, Bitcoin has gained almost 2% in the last 24 hours and seems to be on track to end the year impressively....

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Solana Price Drops 7% to $60 Amidst FTX Cold Wallet Transfers 

Crypto analyst Ali Martinez has warned of a potential correction for SOL. The price of Solana (SOL) has experienced a 7% decline over 24 hours. However, at the time of writing the fall is not so critical. The coin is around 1% down. The Solana price today is approximately $60 despite the recent market corrections that saw the price of Bitcoin (BTC) and Ethereum (ETH) rise to $42000 and $2200 respectively for the first time since last year. According to CoinMarketCap data, the crypto asset,...

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Hashdex Unveils Crypto Investment Forecast for 2024

This integration with established financial institutions is expected to provide substantial support for the crypto sector. Hashdex, a leading global crypto-focused investing company, has unveiled its much-anticipated “2024 Crypto Investment Outlook – Opportunity meets Optimism”. The forecast delves into the expectations for the upcoming year and beyond, providing insights from Hashdex’s leadership and digital asset experts. Marcelo Sampaio, Co-Founder and CEO of Hashdex expresses optimism...

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