Avalanche

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…

Avalanche (AVAX) has regained traction, showing signs of a potential bullish resurgence as it approaches a key resistance level at $29.35. After a period of consolidation, AVAX’s price action hints at a possible breakout, which could trigger a strong upward movement. With technical indicators showing signs of strength, the market’s focus now shifts to whether Avalanche can sustain this upward momentum and push past the $29.35 barrier for a sustained move higher. This analysis aims to evaluate Avalanche’s recent price…

As the cryptocurrency landscape evolves, the potential approval of a Solana ETF could send shockwaves through the Traditional Finance (TradFi) sector. Investors are eager to position themselves ahead of this pivotal moment, making it crucial to identify top cryptos that may experience significant growth. Among these, FXGuys stands out as a premier altcoin investment opportunity, poised to thrive in the evolving financial ecosystem. 1. FXGuys ($FXG) — Leading the PropFi Revolution FXGuys is not just another cryptocurrency; it's a PropFi…

The cryptocurrency market has repeatedly demonstrated that there are unparalleled opportunities within it for a great level of returns. Even though Bitcoin (BTC) has spearheaded the industry, many altcoins have contemporaneously faster appreciation than BTC in a bull market. With discipline, prudence, a determined effort, and due diligence, an amount of $ 1,500 investment today can grow to be a whopping $1.5 million by 2026 as some of the most wanted altcoins that are likely to break out are in…

Solana is once again in the headlines, this time for having a major surge in development activity, keeping it ahead of its competition with Arbitrum and Avalanche. According to Santiment, the development activity regarding Solana has increased by 10.7% just within the last week, and the signal is clear that developers and projects alike are interested in this space. Looking at full crypto ecosystem development activity provides nice long-term roadmaps as to which are innovating and gaining on the ultra-competitive…

Singapore, Singapore, October 10th, 2024, Chainwire In a vibrant and competitive third quarter, LBank has successfully achieved its short-term goal of dynamic growth. From a million-dollar airdrop celebration for its anniversary to the meme festival at TOKEN2049 in Singapore, LBank is evolving in many ways. During Q3, LBank continued to expand its market share, surpassing 12 million registered users and daily trading volumes exceeding $2 billion, with a year-on-year increase of 16% in new user registrations. The platform introduced 66…

Coming into the year 2024, more and more are in increasing need to seek passive income continuously. Cryptocurrency has opened numerous ways to the present date for people to make money with much ease. Herein are seven smart, simple ways of generating passive income, starting with crypto staking.  Staking: How does it work? Staking means locking your cryptocurrency in a blockchain network to take part in validating transactions and securing the network. In return, you receive more crypto as reward,…

Injective Protocol, a DeFi-centric platform using Cosmos tech, is gaining traction, looking at the gas fee revenue distributed to its validators in Q3 2024. While INJ, the native currency of the protocol, is under pressure, cooling off after rallying to as high as $52 early this year, the recent development is a huge confidence boost. Looking at trends may signal that more users are flowing to Injective, a net positive for INJ in the coming sessions. Injective Generates More Revenue…

The price of Shiba Inu might be currently declining, but an analyst says the meme coin is gearing up for a bullish run as it is currently flashing a buy signal. According to Cantonese Cat, SHIB is now flashing a strong buy signal based on the L3 Banker Fund Flow Trend Oscillator, a relatively lesser-known indicator.  In a detailed breakdown shared via a YouTube video, Cantonese Cat explored SHIB’s recent price action in conjunction with this oscillator, revealing that it…

In the year 2021 Solana (SOL) proved to be the most successful with an outstanding increase of more than 11000% which made the cryptocurrency the best among others. Many of the early investors made significant gains which now raises the concern whether Solana would do the same in the years to come.While Solana maintains its position well, other new altcoins have flooded the market, most of which sell under $0.1, then there are broader prospects for growth than that Solana…

Everything is in place to commence the next phase of the crypto boom, and the investors are looking to spot the assets that will outperform Bitcoin (BTC) and Ethereum (ETH). Before BTC and ETH leave the stage, there are pools of underestimated yet value-loaded altcoins that can bring great returns in perspective. In this article, we will cover 4 of those cryptos that could well beat the reigning BTC and ETH in the near future with Rexas finance (RXS) being…

As for those who were not around at the beginning of Bitcoin (BTC) when it was priced as low as $1, the quest for the new great cryptocurrency has never been more thrilling. Bitcoin's climb to thousands in market price has created opportunities for investors to go looking for the next magic digital currencies that might appreciate substantially. Even though Bitcoin has opened the hurdles for the blockchain, several alternatives have come up with new ideas that can revolutionize the…

Those who did not take the opportunity to join the NEIRO rise, while the damage is done, do not worry – in the crypto market OPPORTUNITIES NEVER END. Yes, the situation changes over time and now there are a few promising coins that are likely to experience tremendous spikes this year. These tokens with new concepts, functionality, and enlarging marketplaces are set to offer repositories that are very likely to equal or even surpass the rise of NEIRO.These cryptocurrencies will…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin is down by over 5% to trade at around $62,300. Ethereum decreased by almost 9% to trade at around $2,400. XRP is down by 15%, Solana by 8%, and Dogecoin by 13%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value…

Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for. Despite the upside momentum in September, Solana buyers didn’t lift prices above this line. At press time, there is a local double top, even as one analyst on X notes that Solana outperformed other platforms, posting a sharp influx in net inflow. Solana Received Over $800 Million In…

Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world’s largest cryptocurrency is down almost 4% in the past 24 hours following Iran’s attack on Israel. The drop to $60,000 means that BTC has given up almost all the gains made following the Federal Reserve’s announcement of a rate cut.  Almost all major cryptocurrencies, including Solana (SOL), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE),…

The cryptocurrency market is moving in a way that provides an opportunity for investors to make up great and impressive portfolios. The interest in the altcoin market, besides Bitcoin and Ethereum, is high, and projects, where liquidity is enhanced by utilizing the new DeFi, NFT, and RWA sectors, increase then in some point of view some of these altcoins will indeed fetch formidable returns. This article covers the most promising 5 altcoins that will allow you to make an investment…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,31 trillion. Bitcoin is up by over 5% to trade at around $65,700. Ethereum increased by almost 4% to trade at around $2,660. XRP is up 11%, Solana 10%, and Shiba Inu 36%. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector increased the total value of protocols…

As the market continues its bullish climb, Avalanche (AVAX) keeps on garnering investor interest as new developments drive growth on the platform. These developments have since placed AVAX on the crosshairs of the bulls leading to a 25% surge in price in the last two weeks, reinforcing the token’s position as a long-term asset.  Avalanche’s focus on on-chain growth is made apparent by a recent announcement that will cement the platform’s position in the DeFi space. As time lets these…

Memecoin investors are rushing to the Husky Inu ($HINU) and its recently launched presale. Despite the broader market recovery, investors must continually look at alternative projects such as Husky Inu ($HINU) to help mitigate the potential uncertainty inherent to the crypto market.  Memecoins are making a recovery following weeks of downturns. While memecoins such as Dogecoin ($DOGE), Shiba Inu ($SHIB) and Dogwifhat ($WIF) make good progress in their recovery, Husky Inu ($HINU) continues its hugely successful presale and presents an…

Avalanche (AVAX) has demonstrated resilience, rebounding 15% from recent market lows and approaching its $25 resistance level. Concurrently, Solana (SOL), buoyed by a surge to 5.5 million active users, is advancing towards a $161 target as market activity intensifies. While AVAX and SOL show promise, BlockDAG stands out remarkably. Its presale has amassed $76 million, and recent high-value partnerships with global soccer giants Borussia Dortmund and Inter Milan are setting the stage for major exchange listings.  To add to the…

LlamaRisk, Aave’s risk service provider, has proposed reducing the loan-to-value (LTV) ratio of BitGo’s Wrapped Bitcoin (WBTC) to zero on the DeFi lending platform. However, the Aave community, including Marc Zeller, founder of the Aave Chan Initiative (ACI), is opposed to this move. Aave Community Debates WBTC Proposal The proposal highlights concerns stemming from BitGo’s custodial transition for WBTC. In August, BitGo announced its plan to transfer control of WBTC to a joint venture with BIT Global, a partnership that…

Avalanche has experienced an impressive 25% surge since Wednesday, driven by the Federal Reserve’s announcement of a 50 bps interest rate cut. This has pushed AVAX to a critical resistance level, which will likely shape its price action in the coming weeks. Currently trading near $28, the token is testing a key supply zone that has analysts and investors paying close attention to its next move. Many market participants are optimistic, projecting that a break above this resistance could pave…

More and more investors are looking around for the next hidden gem with huge returns against capital of very small investments. In the list of possibilities comes Solana, Toncoin, and Rexas Finance (RXS), where each of them has its strong proposition and room for possible growth. However, since Rexas Finance happens to be amid an interesting presale at the moment, this particular venture is likely to offer the greatest potential for multiplying your $100 by 2025. Therefore, let us investigate…