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Showing posts from November, 2024

Solana or XRP? We asked which crypto is a better buy for 2025

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Solana (SOL) and XRP Ledger (XRP) recently crossed the $100 billion market cap as the cryptocurrency bull market started. Yet, XRP outperformed most cryptocurrencies in November, threatening to surpass SOL in the capitalization rank. As of this writing, Solana goes with a $115.2 billion market cap, trading at $242.49 per token. Meanwhile, XRP has a recently accomplished $104.7 billion capitalization, at $1.84 per token, according to data from Finbold. Solana (SOL) and XRP market capitalization and price. Source: Finbold Both cryptocurrencies have earned institutional and retail investors’ interest throughout the years, experiencing remarkable growth in market demand and valuation. This happened despite having considerably high supply inflation in comparison to other less-capitalized projects, challenging known economic fundamentals and reason. Picks for you ...

Analyst Michaël van de Poppe Says One Top-50 Altcoin Primed To Rally 70%, Outlines Path Forward for Bitcoin

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A closely followed crypto analyst says that one top-50 altcoin by market cap is primed for an explosive breakout. Crypto trader Michaël van de Poppe tells his 745,200 followers on the social media platform X that the native token of the Bitcoin (BTC) layer-2 project Stacks (STX) could increase 70% from its current value as the coin challenges a key resistance level. “The Bitcoin ecosystem fires up. STX attacks the recent high, and is likely breaking through this resistance zone. Next stop? I think a new all-time high.” Source: Michaël van de Poppe/X STX is trading for $2.29 at time of writing, up nearly 20% in the last seven days. STX reached an all-time high of $3.86 in April. Next up, the analyst predicts that Bitcoin will hit six figures for the first time in its history if it can break through the $98,000 resistance level on the four-hour chart. “Bitcoin should break $98,000, and then we’ll see $100,000 with 100% certainty as it brea...

Bitcoin needs to reclaim this level so BTC can rally above $100k

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Bitcoin (BTC) has been consolidating below the $100,000 psychological resistance since breaking out of a seven-month downtrend in November. Now, traders are cautiously looking at key levels that BTC needs to reclaim before trying a new price rally above $100k. In particular, CrypNuevo has set a key price target to validate the upward momentum and a potential $100,000 breakout. According to a post on November 29, the trader is ready to open long positions if Bitcoin reclaims $98,300. “If we want to see a push higher to $104k-$105k , then Bitcoin needs to get back above this key level: $98.3k. Reclaim that $98.3k level and I’m back in longs.” – CrypNuevo Picks for you XRP is up 160% this year; Will it reach an all-time high in 2025? 43 mins ago ...

Pepe Price Prediction: PEPE Plunges 5% As Investors Pivot To Pepe Unchained Presale Amid Binance Listing Speculation

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The Pepe price plunged 5% in the last 24 hours to trade at $0.00001996 as of 11:23 p.m. EST on trading volume that tumbled 28% to $2.7 billion. Pepe Price Aims For A Bullish Trend Reversal The Pepe price trend is bullish in the short term, with a notable breakout from a consolidation phase in October followed by a sharp upward move in November. The $0.0000080 level at the beginning of November has allowed the PEPE price to trade well above both the 50-day and 200-day Simple Moving Averages (SMAs). This adds to the general bullish trend, according to data from GeckoTerminal . Despite the current slight downtrend from the $0.0000240 resistance, the Pepe price is still preparing for an upwards surge above the falling channel. Meanwhile, the Relative Strength Index (RSI) is at 62, which suggests that while the upward momentum has slowed, there is still room for the price to rise before becoming overbought again. If the bulls successfully stage a bullish trend reversal, the price of ...

AI sets Bitcoin price for Cyber Monday

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The question of whether – and even more so when – Bitcoin (BTC) is set to cross the long-awaited threshold at $100,000 has been the talk of the globe throughout November. Indeed, having risen approximately 40% between election day and press time on November 28, the world’s premier cryptocurrency is closer than ever to the ambitious target and even found itself within $1,000 of the six digit figure on November 22. Still, the high volatility and several successive corrections – started in earnest on Sunday, November 24 – have reignited the question of whether $100,000 is truly within reach or if a plunge toward $80,000 would come first. Picks for you Binance announces PayDay, a shopping event with $200k in cashback rewards 30 mins ago ...

Hong Kong Plans Tax Exemption on Cryptocurrency Gains for Billionaires

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Hong Kong plans to exempt cryptocurrency gains tax for private equity funds, hedge funds, and the super-rich. The region aims to attract investments into the blockchain sector and become a global hub for digital asset trading. A 20-page proposal sent to executives, which the Financial Times accessed, shows that the government is seriously considering imposing the rule. Also Read: Is the Cryptocurrency Market’s Bull Run Over? If imposed, Hong Kong’s new cryptocurrency tax exemption will provide a safety cushion for billionaire investors. The move will also boost investments and attract the rich and wealthy to the city. Several countries are imposing heavy taxes on cryptocurrency gains, while Hong Kong is easing the burden. “This is an important step in boosting Hong Kong’s status as a financial and crypto trading hub,” said Patrick Yip, Vice Chairman at Deloitte China. He explained that many institutional offices including hedge funds could open offices in Hong Kong to make use of...

Top Trending Cryptos on TRON Chain Today – JUST, HTX DAO, WINkLink

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One common challenge is finding tokens that offer both reliability and growth potential. With the increasing number of projects, it can be overwhelming for investors to spot the ones that can truly stand the test of time. Today, we’re looking at three tokens on the TRON blockchain—JUST, HTX DAO, and WINkLink—that have been trending in the market for their unique offerings and promising outlooks.  Each of these projects addresses critical aspects of the blockchain space. From decentralized finance and governance to bridging blockchain with real-world data, all of which could offer compelling investment opportunities for savvy investors.   Top Trending Cryptos on Tron Chain Today Today’s top trending tokens on the TRON chain—JUST, HTX DAO, and WINkLink—stand out in their respective niches. JUST powers decentralized finance (DeFi) with platforms like JustSwap and JustLend, while HTX DAO drives decentralized governance, allowing token holders...

Dogecoin Price Prediction: DOGE Soars 174% In A Month, But Experts Say This Cat-Themed Token Might Be The Best Crypto To Buy Now

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The Dogecoin price has surged 174$ in a month, despite declining 3% in the last 24 hours, to trade at $0.3922 as of 2 a.m. EST on trading volume that dropped 8% to $8.96 billion. Dogecoin Price Prediction Dogecoin’s price spent the last 24 hours just underneath the resistance at $0.40, with small fluctuations, but ultimately on the road to recovery. Now that it finally reached this level, traders are quite interested in seeing whether it can actually breach it or if its price is about to see another rejection. The project’s Bollinger bands have narrowed down considerably around 8 hours ago, and they remained narrow since then, but are now showing signs of a potential widening. This could be an early hint of a recovery and growth, especially given the fact that the price has fluctuated between the upper band and the middle point between the two bands. With market optimism returning, the DOGE price could start pushing the upper band further up, and right now there are sign...

Thena Price Prediction: THE Skyrockets 327% On Binance Listing News As Experts Say Pepe Unchained Could Be Next

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The Thena price went ballistic with a 327% pump in the last 24 hours to trade at $0.9285 as of 7:17 a.m. EST as investors FOMO buy the altcoin. Introducing Thena $THE on #Binance HODLer Airdrops! Read more 👉 https://t.co/TG6Gox0rMf pic.twitter.com/ElKNNLCvmz — Binance (@binance) November 26, 2024 The surge in the THE price comes after leading crypto exchange Binance announced that it will welcome the token to its platform. Thena Price Breaks Through Multiple Technical Barriers Daily chart for THE/USD (Source: GeckoTerminal) The Thena price blasted through multiple resistance levels in the last 24 hours and soared to an intraday peak of $1.3280. Since reaching this high, THE has pulled back and is now attempting a challenge at the $0.9506 resistance level. Closing today’s daily candle above this barrier could give the crypto the necessary foundation to continue rising in the short term. However, closing today’s trading session below $0.9506 might t...

Tron Founder Justin Sun Invests $30 Million In Donald Trump-Backed World Liberty Financial, Becomes Largest WLFI Investor

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Tron founder Justin Sun bought $30 million worth of Donald Trump’s World Liberty Financial (WLFI) token in the last 24 hours, making him the largest investor in the decentralized finance (DeFI) project. “We are thrilled to invest $30 million in World Liberty Financial as its largest investor,” Sun said in a Nov. 25 post on X. “TRON is committed to making America great again.” Justin Sun Says Bitcoin “Owes It” To Trump In his post, Sun said “the U.S. is becoming the blockchain hub.” The Tron founder then attributed Bitcoin’s recent rise to Trump’s US presidential election victory, noting that investors anticipate more favorable crypto policies during Trump’s term. He subsequently said that BTC “owes it” to Trump. We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! T...

Peanut The Squirrel Price Prediction: PNUT Pumps 4% After Kraken Listing News As Crypto All-Stars ICO Soars Toward $6 Million

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The Peanut The Squirrel price pumped 11% in the last 24 hours to trade at $1.29 as of 5.35 a.m. EST on trading volume that surged 50% to $1.63 billion. Peanut The Squirrel emerged as one of the top performers in November, skyrocketing from $0.05217 on November 4 to an ATH at $2.47 only 10 days later, on November 14. The token then saw a strong correction, but it started a new wave of recovery which allowed it to surge in the last 24 hours. The price increase came after news of the upcoming listing on the Kraken crypto exchange emerged. Kraken added the token, among several others, on its listing page, causing the PNUT community to double down on the popular new meme coin. Furthermore, crypto users on X speculated that this might not be the end of major news for PNUT. The token was already listed on Binance and paired against BTC, being only the second meme coin ever to get this listing, after Dogecoin became the first. This will make it easier for whales to buy it, according to spec...

Ethereum’s next move: Key levels to watch as ETH reclaims $3,250 support

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Ethereum (ETH) is showing early signs of recovery as it consolidates near the $3,250 mark, reclaiming critical support levels. Despite lagging behind the broader cryptocurrency market, which has been led by Bitcoin’s (BTC) near-$100,000 rally, ETH is poised for significant momentum as altcoin season gathers steam. Ethereum key levels to watch In a recent TradingView Analysis , analyst RLinda noted that ETH is signaling an imminent breakout, with key resistance and support levels poised to determine its next direction.  Picks for you Crypto trader turns $3.3k into $2.5 million in 3 hours 2 hours ago AI predicts Stellar Lumens (XLM) price for year-end 2 hours ago ...