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Binance announces the suspension of ENJ token deposits and withdrawals for a network upgrade on September 9, 2024. Trading activities will remain unaffected. (Read More)
Avalanche (AVAX) is gaining traction among crypto investors, thanks to its highly scalable, secure, and efficient blockchain platform. Its unique consensus mechanism enables it to [...]
Golem Network launches the MVP of Golem-Workers, inviting beta testers to enhance its functionality and interface. (Read More)
Render Network announces new integrations with Dropbox and AWS S3, streamlining workflows for artists and studios. (Read More)
According to analysts at VanEck, Ethereums share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024.
Learn about the decentralized oracle ecosystem and how Flare Network aims to revolutionize it, as discussed by co-founder Hugo Philion. (Read More)
NVIDIA and ArangoDB introduce a solution to boost NetworkX performance for medium-to-large graphs using RAPIDS cuGraph and ArangoDB. (Read More)
Avalanche (AVAX) is currently trading at a crucial level after a 24% retrace that began last week. The crypto market is experiencing extreme fear and uncertainty, with most altcoins hovering near yearly lows. Analysts and investors closely monitor AVAX’s price action as the market remains volatile. Top analyst and trader Kaleo has shared his insights, [...]
The post Can Avalanche (AVAX) Reclaim $30? Top Analyst Predicts A Dip Before A Bounce appeared first on Crypto Breaking News.
Render (RENDER) has captured market attention due to its role in decentralized GPU rendering, a critical component for 3D creators and applications in the Metaverse. [...]
Solana Foundations Dan Albert highlighted the networks distributed block-producing nodes, arguing that coordinating a patch does not mean centralization.
SUI is currently testing crucial supply levels after an impressive 75% surge from local demand around $1 since mid-September. This aggressive price movement has placed the layer-1 blockchain at the forefront of market discussions, making it one of the most trending assets right now. Related Reading: Dogecoin Could Target $0.20 Soon, Analyst Predicts Is DOGE Primed For A Rally? Traders and investors are showing increased interest in SUI, with many speculating that this rally could be the beginning of even bigger gains in the coming months. The buzz around SUI has been amplified by its strong price action, and bullish sentiment is growing. Analysts are closely watching the price action, with some predicting that SUI could target significantly higher levels, potentially challenging its all-time highs around $2.20 in the near future. Such a move would solidify SUI’s position as a top-performing asset in the crypto market and could attract even more capital as the market looks for the next big opportunity. As SUI continues to gain traction, all eyes are on its ability to sustain this momentum and break through key resistance levels, setting the stage for a potential rally to new highs. With optimism building, SUI is one to watch as the market anticipates its next move. SUI Bullish Pattern Still Playing Out SUI has emerged as one of the top-performing assets over the past two weeks, fueled by optimism following the Federal Reserve’s interest rate cuts announcement. Analysts and investors are eagerly watching the altcoin, hoping that the recent surge isn’t just a bull trap but the beginning of a massive rally poised to explode. Renowned crypto trader and analyst, Kong Trading, recently shared his technical analysis on X, highlighting the potential for a significant SUI surge in the coming months. He noted that the inverted head and shoulders pattern formed in the past months is still playing out nicely and could be a powerful signal for further gains. According to his analysis, the key level to watch is $2. If SUI manages to break past this resistance, it could trigger a wave of FOMO (fear of missing out) among traders, propelling the price to unprecedented heights. However, Kong Trading also cautioned that SUI’s bullish momentum depends heavily on broader market conditions and macroeconomic trends. While the current setup is promising, the asset remains vulnerable to sudden shifts in sentiment or adverse market developments. Related Reading: XRP Struggles Below $0.60 Metrics Reveal Growing Selling Pressure As SUI approaches its all-time highs, the coming weeks will be crucial in determining whether it can sustain its upward trajectory or if it will face a potential pullback. For now, all eyes are on SUI as it navigates these critical price levels, with traders hoping to see a breakout that could redefine its market position. Key Levels To Watch SUI is currently trading at $1.67 after an impressive 140% rally from its early September lows of $0.75. This significant price movement has brought SUI to a crucial supply zone, where the price could face resistance and potentially enter a consolidation phase. Analysts and traders are closely watching this level, as breaking above it could set the stage for further gains. If SUI manages to break past the $1.82 resistance, it would open the door for a rally toward its all-time high of $2.18. This level will be a major target for bulls, as reclaiming it could signal the continuation of a broader uptrend and attract more buyers into the market. However, a failure to break above $1.80 could see the price retracing to lower demand levels around $1.45, which served as a key resistance back in April. Related Reading: Solana (SOL) Consolidates in Symmetrical Triangle Analyst Reveals $160 Target On Breakout This $1.45 zone is now expected to act as strong support, offering a potential buy opportunity for traders looking to enter the market at a lower price. For now, SUI remains in a critical zone, and its next move will likely determine whether the current rally can extend toward new highs or if a consolidation phase is ahead. Featured image from Dall-E, chart from TradingView
The TON Network has seen a sharp uptick in decentralized exchange (DEX) trading activity. The report also shows the increase in the number of addresses and transactions on TONs DEXs, indicating that investors are paying attention. This rise in activity occurs at a time when the TON price is settling down and entering a sideways […]
XRP has struggled to keep pace with the broader crypto market rally that began last week following the Federal Reserves interest rate cut. While other cryptocurrencies have seen impressive gains, XRP has only managed a modest 2% increase. Analysts and investors suggest this underperformance is due to growing interest in other projects, diverting attention and capital from the token. Adding to this concern, user participation in the XRP Ledger blockchain has declined, raising questions about the project’s long-term prospects. Related Reading: Cardano (ADA) Eyes 20% Price Surge Funding Rate Suggests Increasing Demand Key data from on-chain analytics firm Santiment reveals a notable drop in user engagement on the Ledger, contributing to a sense of unease among investors. As they watch other altcoins posting double-digit gains, fear and uncertainty are mounting within the XRP community. Investors are now looking for signs of a turnaround, but until the price can reignite user interest and regain momentum, it risks falling further behind in this bullish market cycle. With the market in flux, all eyes are on XRP to see if it can overcome these challenges and join the broader crypto rally. XRP Facing Serious Risk XRP is trading below the critical $0.60 mark, a psychological level that has acted as resistance for the past few months. Despite a recent surge in the crypto market, XRP shows signs of a potential retracement. While the altcoin initially benefited from the broader bullish sentiment, its weakening market signals suggest it may struggle to sustain this momentum soon. One concerning indicator is the decline in user engagement on the XRP Ledger blockchain. Key metrics from Santiment show that XRPs price Daily Active Addresses (DAA) divergence dropped to -74.46% yesterday. The price DAA divergence measures whether user participation is increasing alongside the price. A declining DAA, especially when the price is rising, is a bearish signal because fewer users interact with the network despite the price increase. This divergence suggests that the recent uptrend could be weak and unsustainable. Related Reading: Solana (SOL) Consolidates in Symmetrical Triangle Analyst Reveals $160 Target On Breakout If XRP continues to struggle and fails to close above the $0.60 resistance, it may face a more significant downturn. The altcoin could see a deep correction, potentially falling to lower demand levels around $0.55. Investors are now closely monitoring XRPs price action to see if it can reclaim the $0.60 level and regain momentum or if further declines are on the horizon. Price Levels To Watch XRP trades at $0.589 after two weeks of sideways movement, fluctuating between $0.57 and $0.59. Despite several attempts, the price has failed to break above the crucial $0.60 resistance level, leaving it at risk of a downturn. XRP is now approximately 6% above its daily 200 moving average (MA), which sits at $0.548a critical support that has provided stability in the past. For bullish momentum to build, XRP must break past the $0.60 barrier and aim for higher supply levels around $0.65. This move would signal renewed strength and potentially trigger a more substantial rally. However, the current price action appears weak, with limited upward momentum. If XRP fails to hold above the $0.60 level, a retest of lower demand zones around $0.55 is expected. Related Reading: SUI Price Sits 40% Below All-Time High As TVL Approaches $1 Billion The worst-case scenario for XRP would be an extended period of this sideways range, lacking a decisive breakout in either direction. Such prolonged consolidation could increase selling pressure, driving the price lower. Investors and analysts are watching closely to see if XRP can reclaim the $0.60 level, initiate a new uptrend, or face further declines. Featured image from Dall-E, chart from TradingView
Tatsu Works is known for its flagship product called Tatsu.GG, a Discord-based content system, which features collection and idle RPG elements.
Developer Jon Atack believes that Bitcoin plays a role in human freedom, decentralization of power, privacy and self-sovereignty.
The Boltz BTCPay Plugin enables merchants using BTCPay Server to accept Lightning payments non-custodially and transfer these funds to the Liquid sidechain.
Originally a research project in 2018, Vana is a distributed network for private, user-owned data, designed to enable user-owned AI.
Private investigation firm Lionsgate claims it can help recover stolen crypto when going straight to the police fails.
How to convert Skale (SKL) crypto: Go to StealthEX, choose the pair you would like to swap, provide your SKL crypto address, send the deposit, and receive your coins.
The post How to Exchange SKALE (SKL): Step-by-Step Guide first appeared on StealthEX.
TONs Toncoin cryptocurrency will likely outperform spot returns of Bitcoin in a bullish scenario in the coming years, Bitget predicted.
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