Ethereum achieves its first golden cross of 2024, a bullish technical indicator as its 50-day SMA surges above the 200-day SMA. With a history of rallies post-golden crosses, investors eye the potential for Ethereum’s price to soar, despite recent market volatility.
Cardano (ADA) has seen significant whale activity, with investors purchasing 100 million tokens as the price enters a consolidation phase after notable gains. Despite a decrease in trading volume and investor participation, the blockchain’s scalability achievements hint at potential future price movements.
Dogecoin rekindles interest with its new blockchain-based game, Super Doginals, amidst a challenging market position. Simultaneously, IntelMarkets marks a significant milestone, raising $2.5 million in its presale, highlighting the growing integration of AI in crypto trading.
Despite a minor weekly setback, the NFT market progresses strongly in November, with Ethereum and Solana leading in sales and buyer count, respectively.
Ethereum’s value jumps over 4% amid a shift in market dynamics, with increased buying and the potential for a significant price rally if it holds above key resistance levels.
Cardano’s value soared by 10.34% to $0.8745, marking its most substantial one-day gain since November, as it led the way in a bullish cryptocurrency market, with its market cap rising to $30.17 billion.
Stakeholders from the Blockchain Technology Association of Nigeria advocate for a national Bitcoin strategy, inspired by pro-cryptocurrency moves in the US. SiBAN’s President emphasizes the importance of embracing cryptocurrency for Nigeria’s growth in the global digital economy, citing low adoption rates and the potential benefits of integrating digital currencies into the mainstream.
Major investors in Toncoin and Cardano are redirecting funds toward Rollblock, an emerging DeFi star with lucrative staking and yield farming options, promising significant market growth.
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.
