Bitcoin just claimed $100,000 for the first time this week, but analysts are already calling for the mark to double in a year. Here’s why. Not long after Bitcoin’s climb past $100,000, some analysts are predicting that the asset’s price could double in a year’s time. In a Thursday research note, Standard Chartered’s Global Head of
Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, is experiencing a surge in Open Interest (OI) amid its bullish price performance. In the last 24 hours, Cardano OI jumped 2.69% and 0.83% in the past hour, per CoinGlass data. The total Open Interest now stands at 915 million ADA within the time frame, valued at $1.11
In a recent move, 20 million XRP tokens were transferred, sparking interest and speculation in the market. This movement comes as XRP is making a comeback following a three-day decline. Within the last 24 hours, on-chain data revealed that a massive 20 million XRP transaction took place, moving funds from an unknown wallet to Bitstamp
A recent tweet issued by the Shibburn tracking platform shows that over the past day, the community has managed to scorch an impressive amount of meme coins, which exceeds a quarter of a billion SHIB. The majority of this amount was burned in a single move by an anonymous whale. In the meantime, the meme
Now that bitcoin has cracked the $100,000-per-token milestone, you’re probably getting texts (or sending them) asking whether it’s too late to get in and fielding the classic taxi driver conversations about crypto. If you’ve been paying attention during #cryptocurrencies’ ’, you know that the rise has been fueled by two factors: the introduction of spot
After experiencing one of the most remarkable non-meme coin cryptocurrency market rallies of 2024, XRP has entered into a steep crash in the daily chart. Indeed, trading at $2.37, the token has dropped by a significant 7.56% in the last 24 hours. The fall only becomes starker once the fact that on December 3 – just two days before
Bybit, the world’s second-largest crypto exchange, has announced a Christmas-themed festive event where users participate in a 100,000 USDT prize pool by completing tasks on the Bybit peer-to-peer (P2P) platform, as shared with Coindatacap on Friday, December 6. The event will take place until December 25, 2024, and participating users can win prizes such as 1 BTC, 0.5
Decentralized finance (DeFi) cryptocurrency Cardano (ADA) has recorded an uptick in whale activity, a shift that remains key to helping the asset sustain its price above $1. The whales accumulated over 100 million ADA in the past 24 hours, coinciding with a period when the token attempted to stabilize around the $1.22 spot, according to data shared by
Given the historic run, investors are now wondering how far the rally has to go before President-elect Donald Trump regains a second term. This year’s crypto market rally continues to post impressive gains following a significant surge late Wednesday evening from the world’s largest digital asset. Bitcoin breached the vaunted $100,000 at 9:45 pm ET,
XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively. With a market capitalization of $146.56 billion, the token priced at $2.56 at the time of publication has solidified itself as the third-largest cryptocurrency. This rally has been supported by several key factors, including rumors surrounding Ripple’s expanding ecosystem,