A fascinating chaos is shaking the crypto world: Coinbase, as an improbable puppeteer, triggers a ballet of $1.6 billion in liquidations, leaving traders and altcoins in tatters.
For several months, investors have been turning their attention to crypto ETH, hoping for a significant jump in its value. However, forecasts do not seem to favor the giant of smart contracts. According to the onchain options protocol Derive, the probability that Ethereum will reach $5,000 by the end of 2024 is less than 10%. This observation is striking, especially since massive inflows into spot Ether ETFs seem insufficient to reverse the trend.
In November 2024, Raydium, a decentralized exchange (DEX) native to Solana, surpassed Uniswap in terms of monthly volumes for the second consecutive month, according to a crypto report. Discover the impressive figures behind this success!
On December 10, several memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF), experienced significant declines, wiping out much of the gains made during the recent rally inspired by Donald Trump. This drop brought the total market capitalization of the crypto memecoin market to a three-week low of $119.6 billion.
The American elections have always represented a global symbol of democracy and stability. However, in the digital age, they face unprecedented challenges, exacerbated by technological developments and threats to the integrity of electoral processes. Recently, Nevada has been at the center of a major controversy related to accusations of "fake voters" during the 2020 presidential election. Although these accusations were dismissed, they highlighted critical flaws in the electoral certification system. In the face of this crisis of confidence, the state of Nevada made a bold decision by choosing blockchain technology to ensure the security and transparency of its elections. This adoption, hailed as a major advancement, aims to anchor electoral certifications in an immutable ledger, making any attempt at falsification practically impossible.
Ethereum reached the resistance of $4,000 before triggering a selling move. Letâs examine the future prospects for ETH. Ethereum Price Situation (ETH) Ethereum recorded a progression of over 47% this November. Indeed, ETH has experienced significant expansion since the support level of $2,400. This allowed it to reach and surpass…
Shaktikanta Das, the outgoing governor of the Reserve Bank of India (RBI), expressed his optimism about the future of CBDC in the Indian economy, stating that the digital rupee could definitively replace the paper-based economy.
As crypto wavers, an old companion whispers in the ears of traders: XRP and Dogecoin have not said their last word.
Bitcoin is a force of nature, oscillating between hope and skepticism. Currently, the flagship cryptocurrency stands at a crucial crossroads: $98,000. This threshold is not merely a milestone, but a battleground where bulls and bears clash to define the future of the market. Optimistic players know that this level could mark the beginning of a new era, with an ambitious yet achievable target: $100,000.
Quantum computing is back in the news and rekindles concerns that give us the opportunity to dive deep into the cryptographic underpinnings of Bitcoin.