As the U.S. presidential election looms, Bitwise CIO Matt Hougan has expressed optimism about the crypto market’s long-term prospects, emphasizing that digital assets are well-positioned to thrive regardless of the election outcome. While the US election results may bring short-term fluctuations, Hougan believes that the crypto market’s growth trajectory remains robust. Bitwise CIO Shares Good…

Solana (SOL) price, a layer-1 blockchain network token, is currently locked in a consolidation pattern, reflecting the broader market’s sluggish momentum. Despite minimal movement, subtle signs hint at a potential upward trend for the coin. SOL recently rebounded, coinciding with the U.S. election today, sparking renewed hope for gains this November. However, the market’s outlook…

XRP price has recovered above the $0.50 support amid massive whale transfers from South Korea’s Bithumb exchange. In the past hour, over 1.6 billion XRP tokens, valued at approximately $814 million, were moved from the exchange to unknown wallets. The unusually large withdrawals, which were flagged by Whale Alert, a platform that tracks large cryptocurrency…

As the U.S. braces for potential changes following today’s election, the future of SEC Chair Gary Gensler has sparked debate. With the possibility of a Donald Trump or Harris administration, some speculate about shifts in agency leadership. However, crypto lawyer Dave Michaels recently highlighted legal nuances that may shield Gensler from immediate removal.  Michaels referenced…

During Tuesday’s trading session, the cryptocurrency market took a bullish turnaround as United States voters prepared to elect their 47th president. With the 2024 presidential election expected to act as a catalyst for a crypto bull run, a market analyst noted that Avalanche price rally mirrors its 2021 performance.  With the crypto market today, the…

The Terra Classic price crawled back on Tuesday, November 5, reaching an intraday high of $0.000086. This LUNC recovery happened after Terra announced that it had permanently closed the Shuttle Bridge and burned the remaining tokens. Terra Classic Price Reacts to Shuttle Bridge Closure In an X post, Terra announced that it had permanently closed…

TRON price is poised for a significant 150% breakout, but there is an important caveat to consider before getting too optimistic. While the potential gains are enticing, the TRX chart setup shows a sTRONg resistance that the price must first overcome before it can rally 150%. TRX price faces this huddle as American markets brace…

The cryptocurrency landscape is pivotal as Ripple’s case with the SEC ends. This development places XRP Rivals in the spotlight, especially as the U.S. presidential election approaches. Some alternative coins show notable growth, signaling potential for substantial returns. Ripple-SEC Case Closed: 3 XRP Rivals Poised for 500x Gains. The SEC has ended its appeal in…

LTC price rose by 1.5% on November 5, reaching an intraday high of $67.20. Litecoin remains in a correction after falling by 12% from its highest level in October. Its downtrend may continue as the hash rate drops to its lowest level in almost a month.  LTC Price Pressured As Hash Rate Slips Litecoin, the…

In the latest development, lawyers representing crypto exchange Binance and its founder Changpeng Zhao (CZ) have filed a motion to dismiss the SEC lawsuit. Last month, the US securities regulator amended the original complaint regarding the “crypto asset securities”, to which Binance responded on Monday. Binance SEC Lawsuit: CZ Files Motion to Dismiss Complaint In…