
Litecoin Faces Downward Trend, Technicals Suggest Drop
Litecoin (LTC) shows signs of potential price decline, having closed below a key trendline and facing bearish metrics from recent on-chain activity.
Litecoin (LTC) shows signs of potential price decline, having closed below a key trendline and facing bearish metrics from recent on-chain activity.
Solana (SOL) has recently overtaken Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, achieving new heights with an $88 billion market cap fueled by ETF speculation and record-breaking network activity.
Cardano (ADA) has witnessed a significant price increase, following the broader crypto market trend after Donald Trump’s election victory. With the cryptocurrency breaking past key resistance levels, the market is abuzz with the potential for further gains, powered by election optimism and a growing interest in ADA derivatives.
Bitcoin soared to a new high of over $75,000, driven by early election results favoring Donald Trump and investor belief that his victory would benefit the cryptocurrency industry. This surge surpasses the previous March record of $73,000, with contributions from aggressive campaign contributions from crypto firms and promises of deregulation from Trump.
exSat Network, a Singapore-based Bitcoin scaling solution, introduces staking services for BTC holders with $488 million in total value locked, offering yield opportunities through its native XSAT token.
XRP experiences a dramatic 54% surge in trading volume, reaching $1.04 billion, as the cryptocurrency market shows signs of recovery following a massive $225 million liquidation event, with the token’s price climbing 2.29% to $0.512.
Despite a staggering 254,078% spike in Shiba Inu’s burn rate eliminating 5.63 billion tokens in 24 hours, historical patterns and current market indicators suggest limited potential for sustained price growth.
SafePal introduces a groundbreaking Mini Wallet App on Telegram, offering 950 million users access to Swiss-regulated crypto-friendly bank accounts with Visa card support, marking a significant advancement in cryptocurrency accessibility.
As the cryptocurrency market gains momentum in Q4 2024, three affordable altcoins – BlastUP, Kaspa, and Terra Classic – show significant potential for explosive growth, with each offering unique technological advantages and use cases.
Eastern Europe has established itself as the world’s fourth-largest cryptocurrency market, with DeFi transactions accounting for 33% of the region’s $499 billion crypto value flow between July 2023 and June 2024, according to Chainalysis data.