[ad_1] One new layer-2 Ethereum (ETH)-based altcoin jumped by triple digits as top US crypto exchange Coinbase added its support. Movement (MOVE) soared to a high of $1.45 Monday, a gain of more than 135% from its low of $0.616, as Coinbase announced the digital asset was listed on its platform for trading. MOVE has since retraced and is trading for $0.65 at time of writing, down 13.1% in the last 24 hours. With a market cap of $1.46 billion, it is the 96th largest crypto project. Coinbase added the “experimental label” to MOVE, which the platform assigns to tokens…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Solana has faced a sharp 23% correction since reaching new all-time highs nearly three weeks ago. This pullback, though significant, reflects broader market conditions as Bitcoin and altcoins enter a phase of indecision. The market is currently searching for support and consolidating below critical levels, with investors closely monitoring whether this phase will lead to recovery or further downside. Related Reading Top analyst Jelle recently shared a technical analysis on X, suggesting that Solana holds promising upside potential. According to Jelle, if Solana can reclaim the $222 level in the coming days,…
[ad_1] The meme-driven cryptocurrency Dogecoin (DOGE) has surged nearly fourfold over the past two months. Although it is currently undergoing a corrective pullback, this remarkable rally has prompted investors to wonder how high Dogecoin’s price could climb.At present, the psychological barrier appears to be the $1 mark. However, according to one expert, DOGE is on a solid trajectory to reach $1.50 within the next four weeks and potentially $10 by 2025.As of Wednesday, December 11, 2024, Dogecoin is trading at $0.4 per token. The cryptocurrency is battling this local support level for the third consecutive session, despite testing monthly lows.What…
[ad_1] Alabama State Auditor Andrew Sorrell has publicly proposed the establishment of a Strategic Bitcoin Reserve (SBR). Sorrell’s call comes amid a growing wave of interest in SBRs among both federal and state-level policymakers, as well as a sharp rise in BTC’s price following the election of President-elect Donald Trump, who campaigned on pro-Bitcoin policies. Speaking to 1819 News, Sorrell emphasized what he views as the inevitability of Bitcoin and crypto’s long-term success: “The debate over whether crypto will succeed has ended.” He further underscored the value of digital assets in broadening state portfolios: “As of now, crypto is a…
[ad_1] Eric Trump (second son of President Donald Trump) predicts that crypto and blockchain will soon surpass traditional banking systems. At the recent Bitcoin Conference in Abu Dhabi, Trump remarked that the current banking system is quite ‘antiquated.’ If you want a loan for your dream house, it’ll take at least 90 days. But by then, your dream house might be sold. However, blockchain can solve this issue with its faster, more efficient process. He also added that blockchain can do everything that a traditional banking system can, only faster, better, and at a cheaper price. Trump’s Stance On Cryptocurrency…
[ad_1] Google’s revolutionary quantum chip, Willow, is leading to heated debates over Bitcoin’s security and the future of crypto resilience.Google’s Willow: The Quantum Chip That Could Redefine ComputingQuantum computing has always been the realm of sci-fi enthusiasts and optimistic tech futurists, but with Google’s latest innovation, the Willow quantum chip, the future is now. Announced with great fanfare on Google’s blog, Willow isn’t just another chip; it’s a quantum leap in computing power. Designed with 70 qubits, Willow promises to outperform even the most advanced of today’s (or yesterday’s?) computers when it comes to tackling problems that were once deemed…
[ad_1] Among meme coins, Dogecoin ($DOGE) reigns supreme. With Elon Musk behind it (and a government department named after it), there’s no other meme coin quite like Dogecoin. It’s got a $57B market cap and has grown 285% over the past year. But it’s not the only big-money play in town. The meme coin market is particularly volatile, even for crypto, with new winners emerging every day. $DOGE turned ordinary investors into millionaires, but the big question is – what’s next? To help answer that, here are five other meme coins with 100x potential. These are all great projects with solid…
[ad_1] A crypto token based on a squirrel called Peanut ($PNUT) is seeing amazing growth, potentially making this coin a windfall opportunity for investors to get excited over. Launched on the Solana blockchain, Peanut is based on a rescued injured squirrel. Her story morphed into a cause for animal rights, but when she was put down due to public health concerns, it became a hot topic just before the election, with Donald Trump and Elon Musk wading into the conversation. One Tweet By Musk Was Enough For $PNUT to Take Off in Price The natural progression to a meme coin…
[ad_1] Nikolaos Panigirtzoglou, a managing director at JPMorgan, believes the release of the Hinman docs in the Ripple vs. SEC case will influence crypto regulation. Panigirtzoglou stated this document release is likely to start a race for other cryptocurrency projects to become more decentralized and look “more like ethereum” to avoid being labeled as securities. JPMorgan Managing Director Nikolaos Panigirtzoglou: Hinman Docs Might Spark Decentralization Race Nikolaos Panigirtzoglou, managing director at JPMorgan, has recently examined the effect that the release of the Hinman docs, a series of internal discussions and emails the U.S. Securities and Exchange Commission (SEC) had before…
[ad_1] Este artículo también está disponible en español. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, seems to be drawing attention as analysts observe market metrics that indicates the possible next move for ETH. Recent data from CryptoQuant has highlighted patterns in accumulation and exchange-traded fund (ETF) inflows, providing a detailed look at Ethereum’s potential trajectory as it underperforms relative to Bitcoin in the current cycle. Related Reading Analyzing Trends in Accumulation and ETF Inflows In a series of posts shared on social media platform X, CryptoQuant analysts dissected Ethereum’s key metrics. One of the standout observations was Ethereum’s balance…