In the context of increased volatility in the crypto market, Bitcoin is undergoing a consolidation phase after nearly reaching 100,000 dollars. Meanwhile, the stablecoin sector is hitting historical highs, and the NFT market is experiencing a remarkable resurgence.
Wecan Chain, a powerful API designed to simplify businesses' integration with blockchain, is now open to the public. Wecan Chain provides an intuitive and reliable gateway to blockchain technologies. Its goal is to democratize access to the benefits of blockchain while masking the technical complexity, thereby enabling businesses of all sizes to transform their data management and business processes.
Ethereum, the second largest cryptocurrency by market capitalization, is going through a remarkable period. According to data published by the analytics company IntoTheBlock, 90.8% of ETH holders are now in profit, a peak not reached in months. This announcement comes at a time when the crypto market shows signs of consolidation. Such a situation is accompanied by a strategic repositioning of stablecoins, with trends that could redefine the upcoming movements in the market.
It's $100,000 or nothing! A deadline of $13.6 billion could catapult Bitcoin into uncharted territories.
XRP, the cryptocurrency from Ripple, is generating a lot of interest at the end of 2024. According to forecasts, the price of XRP could reach new heights in December 2024! Discover the experts' predictions and the key factors that could propel this crypto to new records, despite the challenges in the market.
Ethereum ETFs have recently outperformed their Bitcoin counterparts in terms of net inflows over the last four trading days. According to data, Ether ETFs recorded net inflows of $224.9 million between November 22 and November 27, while Bitcoin ETFs accumulated only $35.2 million during the same period. What happened?
Drop, liquidation, and rebound: Bitcoin stabilizes above $95,000 while whales strengthen their strategic position.
Bitcoin's dominance in the crypto market has recently decreased, falling below 57%, while Ethereum has experienced a significant increase! Discover the reasons behind this change.
Crypto markets are often dominated by spectacular movements, but behind this apparent volatility lies a much more strategic dynamic. Indeed, long-term holders of Bitcoin, silent during periods of calm, have emerged as key players in managing supply and rediscovering prices. A recent analysis by Glassnode further illuminates their essential role in the crypto landscape, where demand and supply balance under unprecedented dynamics.
Russian President Vladimir Putin recently signed a major law concerning cryptocurrencies, marking an important step in the regulation of digital assets in Russia. This new legislation officially recognizes cryptos as property and allows their use in foreign commercial payments.