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Bitcoin and Ethereum enter week in red but this new token is gaining momentum

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin and Ethereum have started Dec. 18 in the red, down 2.53% and 3.67%, respectively. However, the newly launched Bitcoin Minetrix is outpacing other cryptos as its presale surges past $5.4 million. Bitcoin and Ethereum dip at local tops amid extreme transaction fees Bitcoin Ordinals took center stage recently, with the prices of related projects climbing astronomically. Meanwhile, ordinal-related activity on the Bitcoin Network has also been soaring, causing Bitcoin transaction fees to spike to an average of $37, according to BitInfoCharts. There have only been two times in history when Bitcoin fees have been higher, at the 2021 and 2018 bull run peaks. Bitcoin average transaction fee | Source: BitInfoCharts Consequently, data from Mempool.space shows that this has led to over 290,000 unconfirmed Bitcoin transactions ye...

Concerns ahead of Bitcoin halving, BTC holders considering Cardano And Meme Moguls

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite Bitcoin’s (BTC) established reputation, the upcoming fourth halving event has instilled concerns among crypto investors regarding its impact on price volatility. This has prompted a shift towards newer projects, with Cardano and Meme Moguls, currently in its presale phase, emerging as options. Experts cast a shadow on the upcoming Bitcoin halving Following the recent bullish market conditions, there is fear, uncertainty, and doubts (FUD) around Bitcoin’s upcoming halving scheduled for April 2024. Historically, Bitcoin halving events have supported prices.  You might also like: Bitget’s 2024 Bitcoin report highlights ORDI’s potential and Lightning Network’s crucial role However, the upcoming halving may differ since Bitcoin has been volatile in the past two years, discouraging risk-averse investors....

TRON TVL up 91.6%, Pullix could rally after launch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CoinGecko data shows that TRON (TRX) is now the second-largest network by total value locked (TVL). Meanwhile, Pullix (PLX) is gaining traction as the first community-backed exchange to provide 24/7 access to markets, including crypto. TRON’s TVL up 91.6% in 2023 TRON is now the second-largest network by TVL, according to CoinGecko’s October 2023 report. #TRONNetwork has made a remarkable leap in 2023, now sitting as the 2nd largest Layer-1 Blockchain in terms of TVL! Full insights by @coingecko https://t.co/HvFXT0LIdx pic.twitter.com/XgcuL7Rf0S — TRON DAO (@trondao) November 24, 2023 The report indicates that TRON’s TVL grew from 12.3% ($4.1 billion) in January 2023 to 21.6% ($7.9 billion) in October 2023, a 91.6% increase. Analyzing price data shows that TRX remains in an upward trend, rising from $0.1...

Two alternative tokens to watch as Cardano faces resistance at $0.30

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The cryptocurrency market – a volatile dance of numbers and sentiments – is stabilizing. Amidst this backdrop, Cardano (ADA) is emerging as a focal point of discussion. Trading at $0.26 when writing, the coin’s trajectory sparks intrigue. Even so, understanding the intricate interplay of market dynamics and investor sentiment is paramount for beginner cryptocurrency traders. The question is: will Cardano plummet to $0.20 or rally to $0.30? The answer lies in the dynamic crypto market forces. The status of Cardano and ADA Historical performance Cardano has been on a roller coaster journey in recent months. After a promising rally towards $0.35, ADA has retraced and is currently changing hands at $0.25. This price level is a critical support, and how ADA pans out in the days ahead hangs in the balance.  You might also like: Charles Hoskinson says SEC will not charge Cardano Significant influences The following have influenced Cardano’s current po...

Polkadot to change parachain auctions, investors exploring DigiToads’ potential

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The expansive approach taken by central banks in printing money has led to increased interest in cryptocurrencies among affluent individuals. Currency has evolved from ancient gold coins to modern debit, credit systems, and digital assets. The crypto landscape has witnessed significant growth and development, and early investors could benefit from this global shift.  Polkadot (DOT) is transitioning from a chain-based to a space-based model for its parachain auctions, and the enthusiasm around DigiToads (TOADS) demonstrates growing investor receptiveness to emerging crypto opportunities. DigiToads and defi DigiToads aims to achieve an ambitious goal: revolutionizing the decentralized finance (defi) earning experience.  The over $6.8 million raised in its presale reflects investor confidence in its potential . Favorable market conditions and a renewed focus on Ethereum have directed value toward ERC-20 tokens and emerging defi projects.  DigiToads has an ecosystem that can off...