With the majority of assets in the cryptocurrency sector pausing the gains they accumulated in the past weeks, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is no exception, having dropped below the previous price level of above $2,300. Indeed, according to the renowned crypto trading expert Michaël van de Poppe, Ethereum “has a big gap to gain in order ...
Solana (SOL) was one of the best-performing cryptocurrencies in 2023, surging by 920% in the year. Part of this was due to an increased network activity, bringing more value to the ecosystem and more demand for its native token. In particular, the Solana network has seen an increase of approximately 600,000 more active addresses in a month. Daily active addresses ...
Not a day has passed since Jim Cramer, a media personality best known for his hosting of CNBC’s “Mad Money,” stated that ‘you can’t kill BTC’ on air on January 2, when the world’s foremost cryptocurrency, along with numerous other coins and tokens, dropped significantly. In fact, in a matter of minutes, Bitcoin (BTC) fell from above $45,000 to below ...
Shiba Inu (SHIB) is one of the most popular memecoins in the cryptocurrency market. Ranked among the top 20 most valuable cryptocurrencies, SHIB has earned the attention of millions of investors. Currently, there are a total of 1,366,587 Ethereum addresses holding SHIB, an ERC-20 token. These addresses hold 999.98 trillion tokens, of which a burn address keeps 41% and, therefore, ...
After a prolonged “crypto winter” with multiple calamities like the collapse of FTX in 2022, and sustained regulatory pressure throughout last year, the crypto market finally apparently shook off much of the downward pressure in the final quarter of 2023. XRP was one of the biggest gainers among prominent cryptocurrencies and has risen approximately 85% throughout the year. This was ...
Bitcoin (BTC) has reached a new multi-year high at $45,922 on January 2, 2024. Following its leadership, some cryptocurrencies have been trading at higher prices. While most people wait for strong price action to deploy capital into a given cryptocurrency, smart money avoids trading overextended speculative assets as part of a good risk management strategy. Notably, investors can find cryptocurrencies ...
Ripple has around 45.90 billion XRP, which is currently locked in escrows and not part of the token’s circulating supply. On January 1, Ripple unlocked 1 billion XRP, valued at $630 million, keeping 20% of the total. Each month, Ripple unlocks another 1 billion tokens. The company often retains only a fraction of it for its treasury, frequently selling the ...
With the start of 2024 bringing gains to most cryptocurrency assets, Shiba Inu (SHIB) is no exception. It continues to experience earnings, which may prompt investors to wonder where its price will end up by the end of January. Given these recent yields, Finbold employed CoinCodex to leverage its AI-driven machine-learning algorithms to gauge its price for the end of ...
2023 marked a pivotal moment in the security dynamics of Web3, highlighting advancements in resilience alongside enduring challenges. Despite this, the Web3 sector continued to experience cyberattacks, resulting in losses surpassing $1.7 billion in 2023, encompassing around 453 reported incidents, according to a report from Salus shared with Finbold on January 2. These incidents, despite being less than the figures ...
As 2024 begins, many assets in the cryptocurrency sector are trading in the green zone, including Bitcoin (BTC), which has continued its move to the upside, although artificial intelligence (AI) and machine learning algorithms are not bullish on its price for the end of this year’s first month. Indeed, the advanced AI price prediction algorithms over at the crypto market ...
