With the overwhelming investor response past the US election results declaration, the crypto market has witnessed quite an upsurge, which is also true for the Polkadot price. Polkadot is one of the most famous blockchains, offering fast and cheaper services. Despite that, its token has slowly lost its place in the market and is continuously struggling on the charts. Thankfully, after a significant recovery over the week, many crypto analysts
Traders are eyeing $100,000 as the next level of interest for bitcoin’s price, though there is likely to be a period of consolidation first, according to some analysts. BTC is riding the wave of President-elect Trump’s victory and the Fed’s expected 25 basis-point interest rate cut on Thursday. There are some concerns about a short-term pullback given Trump’s proposed tariffs on China and fiscal concerns like rising national debt. BTC
A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven’t seen on the timeline at all is EIGEN. ETH season probably coming. Hot new coin with former insane hype and current underpriced fully diluted
Chainlink price rose for four consecutive days and retested an important resistance level. LINK surged to a high of $12.97 as BlockTower Capital started buying DeFi tokens. It also rallied as third-party data showed that inflows were rising. It has jumped by 60% from its August lows. Chainlink Price Surges Amid BlockTower Purchases LINK price rallied after a report by LookOnChain showed that BlockTower was accumulating popular DeFi tokens like
South Korea’s leading crypto exchange Upbit has announced the listing of Drift token, triggering investor interest to hit an all-time high. DRIFT price saw an explosive rally of 100% to hit a new all-time high after the listing on the exchange. DRIFT’s rapid momentum signals strong potential in the DeFi space. This milestone has solidified Drift Protocol’s position as a major player in the market. Upbit Announces Drift Listing According
“Chain unification is inevitable — like ACH or SWIFT for crypto,” said Sean Li, CEO of Magic Labs, in a press release shared with CoinDesk. “Developers can build user experiences that eliminate barriers. Users should only care about transaction cost and speed, not the chain. Eliminating UX barriers will unlock the best use cases.” Source link
Solana (SOL) price, a Layer 1 blockchain, has recently demonstrated significant upward momentum in the cryptocurrency market. Since the beginning of November, SOL’s price has surged by 21%, breaking a five-month high amid strengthening bullish sentiment. This impressive rally follows a broader market rebound, positioning Solana for a potential breakout as consolidation patterns appear. Analysts suggest promising opportunities, with some eyeing a possible move toward $800 if the bullish trend
$11.5 trillion AUM BlackRock Inc is in earlier talks to acquire a minority stake in $70 billion hedge fund manager Millennium Management LLC. Izzy Englander’s Millennium, which has never sold a portion of its business to a third party, is growing at a faster rate due to its strategy to diversify investments in multiple assets. BlackRock Eyes Bitcoin ETF Dominance With Millennium Deal Larry Fink-led BlackRock looks to acquire minority
Goatseus Maximus price has been on a tear since the meme coin’s inception, occasionally retracing to $0.45 before resuming the rally. However, recent analysis suggests that the goat-themed token may have reached a zone of major resistance around $0.9. After showing signs of weakness at this level, will the price of GOAT crash 50%? GOAT price is trading at $0.892, up 11.5% in the last 24 hours. Will Goatseus Maximus
Dubai, United Arab Emirates, November 8th, 2024, Chainwire Bybit, the world’s second-largest crypto exchange by trading volume, is pleased to announce that Shunyet Jan, its current Head of Derivatives, will take on an expanded role as Head of Institutional. This move underscores Bybit’s commitment to serving institutional clients and enhancing its innovative derivatives offerings. Expanding Responsibilities for a Dynamic Industry Shunyet Jan joined Bybit with a wealth of experience in
