Cardano’s price dipped 1.35% on Wednesday, trading at $0.345 as it continues the sideways trend that has persisted since June. The cryptocurrency is showing signs it may break out of this months-long consolidation period. Is Cardano Poised to Break Its 4-Month Trading Range? The layer 1 blockchain’s native ADA token has traded sideways for the…
Chainlink’s price action has been choppy over the past week and month, but the broader trend for October shows promise, with LINK climbing from $10.60 to $11.13 – a gain of nearly 4%. Some analysts are projecting Chainlink could break above $12 by early November. Looking further out, price forecasts suggest LINK may trade in…
Toncoin (TON) experienced a slight 0.2% dip during Wednesday’s U.S. trading session, settling at $5.2. This minor pullback creates a neutral daily candle, continuing the consolidation pattern that has persisted since early October. However, with increasing USDT activity on the TON network and bullish technical signals, Toncoin appears poised for a potential breakout to $8.…
Pepe Coin (PEPE) is garnering increased attention as the crypto market anticipates a potential altcoin surge. Recent price movements suggest PEPE may be poised for a significant rally, with some analysts forecasting gains of up to 900%. A prominent crypto analyst recently shared a prediction that Pepe Coin could follow Dogecoin’s upward trajectory. They noted…
Blockchain technology, often associated with cryptocurrencies, is far more versatile than many realize. While its connection to digital currencies like Bitcoin is undeniable, the potential applications of blockchain extend well beyond the realm of finance. For those looking to stay informed about the latest developments in blockchain and cryptocurrencies, CryptocurrencyNews.com offers comprehensive coverage and analysis.…
A pro-Trump political action committee has secured approximately $7.5 million in cryptocurrency donations between July and September 2024. The contributions came in the form of major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP, and the stablecoin USDC. According to Federal Election Commission filings, the Trump 47 joint fundraising committee reported significant digital currency inflows during…
During Tuesday’s U.S. market session, Cardano’s ADA token dipped 0.4% to $0.36, continuing its five-month sideways trend while maintaining support above $0.30. This consolidation phase raises questions about whether ADA can build enough momentum to challenge its previous all-time high. Cardano’s Price Correction from $3 ATH The layer-1 blockchain Cardano has seen a substantial correction…
TikTok Under Fire: Accusations of Operating as Unlicensed Crypto Exchange in UK The popular social media platform TikTok is facing scrutiny after allegations emerged that it may be functioning as an unregistered cryptocurrency exchange in the United Kingdom. These claims were brought to light in a letter sent by a former compliance consultant for a…
Ripple’s Chief Legal Officer Stuart Alderoty has outlined the next steps in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). The case, which began in 2020, centers on whether XRP should be classified as a security and if Ripple conducted unregistered sales of the token. As the legal proceedings…
According to a recent crypto market report from Coinbase and Glassnode, the rapid adoption of stablecoins and further development of Ethereum layer-2 scaling solutions are driving market maturation. Billions of dollars have continued flowing into the cryptocurrency market this year through spot crypto ETFs and increasing blockchain transaction volumes. Significant trading activity, robust on-chain metrics,…