Arbitrum (ARB), a prominent Ethereum scaling solution, recently experienced a significant downtime event on December 15. This incident caused the network to become inaccessible for over 60 minutes due to sequencer and feed issues. The root cause of the problem was promptly investigated, and a fix was deployed. However, the downtime raised concerns among users
Bitcoin
Cardano (ADA) has experienced a notable surge in its price, surpassing the crucial resistance level of $0.60. This positive price action has generated optimism among investors, as it suggests the potential for further gains in the foreseeable future. However, a careful evaluation of the factors influencing ADA’s price trajectory is essential in order to make
As the final months of the year approach, the anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has generated considerable excitement among analysts and traders. While many stake their hopes on these index funds to fuel a significant price surge for Bitcoin and the broader
Recent reports have confirmed that the United States Securities and Exchange Commission (SEC) has introduced a “new regulatory standard” for all applicants of Bitcoin Spot Exchange-Traded Funds (ETFs) while awaiting approval from the regulatory body. This latest development, dubbed the “Cash Redemption Model,” is seen as a significant shift in the SEC’s approach to approving
JPMorgan analysts have recently expressed a cautiously optimistic perspective on the cryptocurrency market, particularly when it comes to Ethereum (ETH). In fact, they believe that Ethereum has the potential to outperform Bitcoin (BTC) and other digital currencies in terms of market price performance by 2024. This unique viewpoint sets Ethereum apart within the institution and
Bitcoin experienced a sudden correction at the beginning of the week, causing some investors to panic sell and avoid further losses. However, after the initial selling frenzy subsided, the cryptocurrency has been gradually recovering. In light of this, a crypto analyst has made a prediction that Bitcoin may have more upside potential. Currently, the coveted
The recent bearish trend in the crypto market doesn’t seem to affect Shiba Inu (SHIB) as much, thanks to the increased adoption of the Shibarium Layer 2 network. In fact, it is the large holders of SHIB who are driving the bullish return. According to on-chain data tracker IntoTheBlock, the net flow of Shiba Inu
The crypto market has proven its resilience by outperforming traditional assets such as equities in recent weeks. This can be attributed to a significant repricing in monetary policy expectations and short futures liquidations. However, this outperformance faced limitations due to stronger-than-expected US jobs data, which dampened the recent rally. The reversal in US Treasury yields
Bitcoin’s price has once again experienced a significant drop, testing the $40,000 support zone. This downward trend highlights the market’s volatility and the potential challenges faced by cryptocurrency investors. While the price is currently on the rise, it must surpass the $42,350 mark to establish a more positive trajectory for Bitcoin. Bitcoin is currently attempting
According to recent data from AlphaScan, there has been a significant increase in social media activity surrounding Injective Protocol (INJ) on December 12. This surge in interest has propelled INJ to become the second-most mentioned token on social media platforms, second only to Bitcoin (BTC). The data reveals that nearly 30% of INJ’s weekly mentions
Introduction The XRP community has been grappling with concerns over the token’s underperformance and potential market manipulation. However, amidst the uncertainty, crypto analyst Dark Defender has provided a glimmer of hope, predicting that XRP could reach $18 in the near future. This analysis has sparked discussion and renewed optimism within the community, but the journey
Recent patterns indicate that Ethereum’s climb is far from diminishing, showcasing the resilience of the cryptocurrency. While Ethereum may not be as advanced as some of its L1 competitors, it stands out due to its large developer community, widespread acceptance, and crucial role in DeFi and other blockchain applications. Despite the price not spiking as
Cardano (ADA) has seen impressive price gains in recent times, becoming one of the top-performing cryptocurrencies this year. With investors eagerly anticipating ADA’s future price trajectory, various predictions have surfaced in an attempt to gauge its potential growth. This article critically analyzes Cardano’s current standing in the market and evaluates the likelihood of it maintaining
Stablecoin issuing company Tether has recently introduced an enhanced security policy aimed at safeguarding the crypto ecosystem from bad actors. This new policy also emphasizes Tether’s commitment to cooperation and collaboration with law enforcement agencies. The implementation of this voluntary wallet-freezing initiative is designed to counter transactions associated with Sanctioned Persons listed on the Office
Chainlink (LINK), the leading blockchain data-oracle project, has recently made significant strides in its crypto-staking initiative. The company’s latest upgrade, Chainlink Staking v0.2, garnered an astounding response from investors, accumulating over $632 million worth of LINK tokens within a remarkably short period. This article will delve into the details of Chainlink’s enhanced staking program and
The market performance of Ethereum has experienced a steady and positive rise since October, indicating a promising trend that has continued over time. This upward momentum can be attributed to increased buying activity, which has fueled the demand for Ethereum and propelled its value beyond the $2,000 resistance mark. As a result, a sustained rally
The price of Bitcoin has experienced a slowdown recently after an impressive week of surpassing critical resistance levels. Despite this, many experts believe that this rally is just getting started, and Bitcoin is poised to see further gains in the coming months. As of now, the cryptocurrency is trading at $43,300, reclaiming levels last seen
Helium (HNT), the decentralized network that was launched in 2019, has been making waves in the cryptocurrency market with its significant gains. This surge in price is not an isolated event but is happening alongside the remarkable increase of Solana (SOL), another protocol built on Solana’s network, which has seen a 56% increase in the
Bitcoin (BTC), the world’s leading cryptocurrency, has recently surged to new heights, reaching a yearly high of $42,100. While this impressive price increase has caught the attention of market participants, concerns are arising about the possibility of a potential correction and subsequent liquidation sweep. In this article, we will analyze the current situation of Bitcoin
Bitcoin has experienced a significant price increase, surpassing the $40,000 resistance level. With a rise of over 5%, the cryptocurrency seems poised for further gains as it aims towards the $42,000 resistance level. This surge in Bitcoin price has garnered the attention of traders and investors alike, who are eagerly anticipating the next move in
The LINK price has recently shown signs of intensifying its bullish momentum, bouncing back after a period of sluggishness. Despite the temporary dip, Chainlink has managed to maintain most of its profits and stay above the $14 level in recent weeks. The cryptocurrency’s latest surge, surpassing the $16 mark for the second time in less
For months, the Bitcoin community has eagerly anticipated the future price trajectory of the cryptocurrency, with many analysts speculating on the next surge. One crypto analyst, known as Mags, has proposed an intriguing theory by examining Bitcoin’s past history surrounding halvings. In this article, we will delve into Mags’ analysis and explore the potential timeline
In the world of cryptocurrencies, Ethereum holds a significant position as the second-largest cryptocurrency by market capitalization. Its value has steadily grown over the years, but according to one crypto analyst, there might be a specific event that could propel Ethereum’s price to new heights. Michaël van de Poppe, the CEO and founder of MN
The XRP price has recently entered a consolidation phase after a significant surge in October and early November. However, a closer look at the monthly price chart reveals an intriguing pattern. Crypto analyst Egrag has highlighted the occurrence of three consecutive monthly green candles, a rare phenomenon in the history of XRP. As the market
Bitcoin, the world’s most popular cryptocurrency, has recently caught the attention of the crypto community due to a bold prediction made by the controversial Stock-to-Flow (S2F) model creator, PlanB. In a statement posted on social media, PlanB confidently declared that Bitcoin’s price would never drop below the $35,000 threshold again. This assertion was supported by
Bitcoin, the leading cryptocurrency, has been the subject of intense analysis and speculation by crypto experts. A recent analysis by renowned crypto expert CryptoCon has provided a bullish outlook for Bitcoin, predicting a potential rally to $48,000 by early January. This analysis is based on the reliability of the Ichimoku Cloud indicator, which has historically
Solana (SOL) recently experienced a significant rally, surging above the $65 resistance level against the US Dollar. However, the price is now undergoing a correction and there are speculations that it might even slide below the $50 support level. This article analyzes the current market situation and assesses the potential future movements of SOL. In