Tag Archives: surge

Shiba Inu’s (SHIB) price has jumped over 7% in the past 24 hours as demand for the world’s second-largest meme coin ramps up. Transactions on Shibarium, Shiba Inu’s layer-2 scaling solution, have rocketed in December as more crypto enthusiasts try out the network, helping boost interest in SHIB. With meme …

Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try to maintain the momentum and achieve a strong close to the year, while the bears will try to pull …

The largest US-based crypto exchange experienced a threefold increase in law enforcement requests in the current year compared to 2020, as revealed in its latest transparency report. The total number of requests during the reporting period amounted to 13,079, marking approximately a 6% rise from the previous year. Notably, the …

Amidst the regulatory scrutiny and enforcement actions faced by the cryptocurrency industry, Bitcoin (BTC), the leading cryptocurrency by trading volume, has remained resilient and maintained its consolidation level between $36,000 and $37,000. It reached a new record for the year, surging to a new yearly high of $38,390 on Friday. …

In the past 24 hours, the Terra Classic (LUNC) price has shocked the market with a sudden 50% pump, hitting the $0.000116 level. LUNC has seen a remarkable resurgence thanks to multiple catalysts, but sustainability remains a question mark hanging over the token’s future trajectory. This article analyzes the drivers …

Bitcoin is struggling after finding strong resistance at $38.5K. The market leader is currently priced at $37.35K, down 1.16% in the last 24 hours. However, the newly launched presale Bitcoin ETF Token is continuing to surge ahead as it nears $1.8 million in its presale. Will this be the next …

On-chain data shows the Bitcoin mining difficulty is heading towards its sixth consecutive increase, which would be a new record for 2023. Bitcoin Mining Difficulty Estimated To See Almost 4% Rise This Weekend The Bitcoin “difficulty” refers to a feature on the blockchain that controls how hard the miners would …

Ether (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the past week, Ether’s price has increased by 2.5%, while the total market capitalization has grown by 0.5%. This uptrend can be attributed to improved decentralized …

TL;DR Bitcoin’s spot price soared above $37,800, influenced by anticipation of an SEC-approved spot Bitcoin ETF and a short squeeze, resulting in $78.44 million in Bitcoin shorts liquidated in 24 hours. Significant liquidations occurred in Asian markets, notably on exchanges like BitMEX, OKX, and Binance, indicating their impact on the …

Algorand (ALGO), a smart contract platform employing the Proof-of-Stake (PoS) consensus mechanism, has showcased notable progress in the third quarter (Q3) of the year, as reported by Messari.  Despite facing some challenges, the platform has seen remarkable growth in its ecosystem and significant developments in various aspects of its platform. …

The stock market’s decline coincided with a significant increase in bond yields. However, market experts remain cautiously optimistic about the overall trajectory. The S&P 500 (INDEXSP: .INX) saw its eight-day winning streak come to an end on Thursday, November 10, as a sudden surge in yields and concerns about inflation …

A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability and the role of layer 2s. Over the last 24 hours, cryptocurrency users began sharing screenshots showing double, occasionally triple-digit transaction fees on Ethereum and Bitcoin. One screenshot showed gas …