CEL, the native token of the Celsius Network, has recently sent tongues wagging across the broader crypto industry, with a staggering 370% price rally jotted over the past week. Primarily attributed to the token’s massive burn initiated lately, this price rally rides the back of other bullish market statistics, fueling additional market optimism on the […]
Justin Sun Burns $50M in HT Tokens, Supply Shrinks to 110M
Justin Sun, known for his influence in the cryptocurrency industry, has made headlines once again with a bold move in the market. In a recent announcement, Sun revealed that he has initiated a substantial token burn, consuming $50 million worth of HT tokens. This strategic decision has effectively diminished the total supply of HT tokens, […]
Render Price Prediction: What Awaits RNDR After 50% Weekly Surge
Render Price Prediction: During the early May recovery phase in the crypto market, the Render stood out as one of the top performers. The altcoin rebounded from combined support of $0.7 and a 50% retracement level propelled the asset value by 55% to hit a high of $10.85. A closer examination of the daily chart […]
Trending Altcoins This week : 10 Feb 2024
In the ever-evolving world of crypto investments, staying informed of the latest trends and developments is paramount for investors and enthusiasts. This week, we delve into the realm of altcoins to buy ahead of bull run , exploring some of the standout performers as of February 10, 2024. Dymesion, altcoins are making waves in the […]
AI News: Elon Musk’s xAI Targets $18B Valuation This Week Rivaling OpenAI
In a seismic shift within the AI industry, Elon Musk’s AI venture, xAI Corp., is making headlines with its ambitious plans to secure a staggering $18 billion valuation as soon as this week. This move catapults xAI into the forefront of the AI landscape, challenging heavyweights like OpenAI and signaling Musk’s continued influence in disruptive […]
Bitcoin (BTC) Price Rally to $50,000 Halts As Investors Await US CPI Data
After a strong push to $48,500 over the last weekend, the Bitcoin price has registered a modest retrace of around $48,000. The recent pause in the rally to $50,000 comes as investors are keenly watching the developments to the CPI data release, ahead this month. US Economic Data and FOMC Speeches Awaited As the week […]
3 Altcoins To Sell Amid Short-Term Market Correction
The cryptocurrency market faces a short-term decline as users look for altcoins to sell amid recent volatility. On-chain data shows a sharp decline in crypto prices in the last 24 hours. This price fall slashed a previous recorded weekly gains as the price of Bitcoin (BTC) slumped below $63,000. Aside from Bitcoin, top altcoins also […]
What’s Next for ADA, IMX, and ICP? Crypto Price Predictions for February 12
Crypto Price Predictions: The cryptocurrency market is back on recovery sentiment led by sustainable growth in the leading digital asset Bitcoin. Within three weeks, the BTC price has surged from $38540 to $48565, registering 26% growth. While the ongoing momentum may push the Bitcoin price above $50000 psychologically, an alternative speculation has emerged in the […]
Breaking: MassMutual Adds Bitcoin To Balance Sheet Via GBTC Bitcoin ETF
In a bold move echoing the growing mainstream adoption of cryptocurrencies, the $570 billion insurance powerhouse, MassMutual, has ventured into the realm of digital assets. Recent reports have shown MassMutual’s exposure to Bitcoin ETFs in 13F filings. This strategic move signifies a significant shift in traditional finance towards embracing the emerging asset class of cryptocurrencies, […]
Optimism Price Prediction As Buyers Eye Final Hurdle on Path to New All-Time-High
Optimism Price Prediction: Amid the broader crypto market’s recovery phase, Optimism has experienced significant buying interest, particularly above the $3 mark. Over the past week, this altcoin has risen from $3.08 to its present price of $3.76, marking a notable 22% increase. This upward movement has effectively recaptured 50% of the losses from the previous […]