Discovering new cryptocurrencies with potential can be exciting. As the market surges in 2024, identifying promising options for early investment becomes crucial. This guide highlights the top choices poised for growth, giving readers the insight needed to make informed investment decisions. With a focus on up-and-coming tokens that might lead the charge, investors are equipped…
A new crypto-related lawsuit has landed in the Southern District of New York courthouse. A California resident named Luke Brown is leading a class action lawsuit against luxury fashion house Dolce & Gabbana over NFTs the company released in 2022. Brown’s suit alleges Dolce & Gabbana failed to deliver on benefits it promised for NFT…
Smart contract platform Solana (SOL) is moving to the top of CoinGecko’s list of fastest blockchains. In a new publication, CoinGecko says Solana is a staggering 46 times faster than its rival Ethereum (ETH), the second-largest digital asset by market cap, making it the fastest large blockchain on the market. However, CoinGecko says that Solana…
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after hovering just below it….
Chainlink price soared to a 40-day peak of $16.7 on May 18, bringing its monthly gains to 34.7%, with on-chain data suggesting increased whale activity amid recent positive US macro indices. Chainlink Price Surges as Large Investors Move to Front-run Imminent Rate Cuts Chainlink is a world-leading blockchain oracle platform that integrates real-time price feeds…
Fantom disclosed that Ethereum would enable the token migration. While FTM’s price increased, reaching $1 could be challenging in the short term. Layer-1 blockchain Fantom [FTM] has disclosed a new set of important details as it approaches the final stages before the Sonic upgrade launch. For those unfamiliar, Sonic upgrade is the next iteration of…
In a recent string of high-profile transactions, an address suspected to be associated with the prominent market maker Wintermute has made significant purchases in the memecoin market. The blockchain analysis firm Lookonchain revealed the details in a tweet, highlighting substantial investments in MANEKI (MANEKI) and MICHI (MICHI), two Solana-based memecoins. According to Lookonchain, the address…
Bitcoin exchange-traded funds (ETFs) witnessed a significant net inflow of $222 million on May 17, 2024. This marks a positive trend for the entire trading week as Bitcoin’s price saw a substantial rebound of 10.3% over the past seven days. 🚨 $BTC #ETF Net Inflow May 17, 2024: +$222M! • The net inflow has been…
TL;DR XRP trades around $0.52, with some analysts predicting potential rises to $5.85, $18.22, and even up to $100, although extreme targets are unlikely. The ongoing lawsuit between Ripple and the SEC significantly affects the asset’s price, with the company’s partial court wins boosting optimism for a potential bull run. The Odds of a Ridiculous…
AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, sparking worries within the cryptocurrency community about network security. This series of blocks confirmed 20,686 transactions, resulting in over 23 BTC, valued at approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904, lasting one hour…