Injective is an interoperable layer-one blockchain powering next-generation DeFi applications that aims to enhance the finance sector. It is mainly among the classification of AI tokens, and this sector experienced a massive dip due to Bitcoin reducing to less than…
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Raydium Increases Despite Bitcoin Depreciation, Records 117% Growth at $600 Million
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain that provides on-chain liquidity. Furthermore, funds deposited into Raydium are converted into limit orders for the Serum decentralized exchange (DEX). RAY, the native token of…
Altcoin Performance: Evaluating Bull Traps and Breaking Resistance Levels for Market Capitalization Growth
In the dynamic world of cryptocurrency, altcoins have gained significant attention as investors seek opportunities beyond the dominant Bitcoin. The recent developments in the altcoin market have sparked discussions about its future direction and potential opportunities for investors. In this…
DYDX Price Prediction for 2024: Crypto Analyst Forecasts $6.9 Target
According to analysis by CryptoBullet, in today’s dynamic cryptocurrency landscape, $DYDX has emerged as a standout asset with significant potential. As the market gears up for a major breakout, it is crucial to closely monitor the developments surrounding $DYDX. In…
Coinbase’s upcoming support for Solana’s perpetual futures makes Solana (SOL) as a Strong Performer in the Crypto Market Rally
While Bitcoin (BTC) and Ethereum (ETH) often dominate the crypto market rally, Solana (SOL) has proven to be a standout performer in the recent uptrend. With a remarkable 174% surge over the last 30 days, Solana continues to gain momentum,…
North America Continues as the Largest Crypto Market Fueled by Institutional Activity – Chainalysis Report
Amidst the ever-evolving world of cryptocurrencies, North America emerges as a beacon of resilience in the face of stringent regulations. This article delves into the 2023 North American cryptocurrency landscape, highlighting its triumphs, challenges, and notable shifts. Despite regulatory storms,…
Israel orders freeze on crypto accounts in bid to block funding for Hamas, while Senator Cynthia Lummis asks DOJ to investigate Binance and Tether
In the wake of the Hamas attack on Israel, Israeli law enforcement authorities have taken swift and decisive action by issuing orders to close numerous cryptocurrency accounts and seizing assets valued at millions of dollars. According to insiders familiar with…
Ethereum Fear and Greed Index Reflects Bullish Sentiment
The Ethereum Fear and Greed Index, a trusted barometer of investor sentiment, has climbed to 55 recently. This signals a shift towards greed, hinting at growing bullishness among the Ethereum community. However, experts caution investors to stay attentive as cryptocurrency…
DOT Holders Could See 17-18% Returns After Polkadot Upgrade
Image Source: Coinmarketcap Polkadot stakers can expect an increase in rewards in the coming weeks. A governance proposal to raise the network’s ideal staking rate from 52% to 60% is scheduled for approval on October 14th. The passing of Referendum…
Ethereum Foundation’s Startling: ETH Sale Shakes Crypto World
Ethereum Foundation’s Significant ETH Transaction In a noteworthy move, the Ethereum Foundation recently transferred 1,700 ETH to Uniswap DEX, resulting in 2.738 million USDC. The sale took place at $1,611 per crypto coin, while the current ETH price stands at…