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With a growth trend that has been positive for the previous month, Solana (SOL) continues to post substantial numbers in November. Starting at $22 at the beginning of the previous month, the last third of October has seen a notable rise in the valuation of SOL, which peaked at almost $38. With the market that is ever evolving and financial tools being constantly upgraded, Finbold has turned to machine learning algorithms for the prediction of the price for this crypto asset by the end of November. PricePredictions enabled us to gain valuable insight into the potential future price of this digital currency for this month. Data retrieved on November 2 shows us that Solana’s price will continue with a gradually positive upside trend, experiencing slight upside bumps in the final third of November and finally settling at $47.06 by the end of the month. Solana price prediction for November 30 Source: PricePredictions Cryptocurrency TRON emerges as go-to blockchain f...

The price of Qtum (QTUM) has grown by more than 19% in the last 24 hours, accompanied by a 283% rise in its trading volume . The recent bullish market sentiment sparked by expectations around Bitcoin (BTC) seems to have rubbed off on QTUM. The coin, ranked 112 by market capitalization on CoinGecko, is currently trading at $3.10. It had gone as high as $3.21 in the last day. QTUM price chart | Source: CoinGecko Data from CoinMarketCap shows traders moved more than $188 million worth of QTUM in the last 24 hours, a 283% jump from the previous day. QTUM has also showcased a notably robust performance over the past seven days, both in terms of volume and price movement. In that period, the token’s price has risen by nearly 35%. The same growth is reflected in QTUM’s 14-day and 30-day price charts, where it registered improvements of 44% and 41% respectively. Analysts at InvestObservers have given QTUM a “very bullish” rating, citing its recent performance. However, they express...

One standout performer this past year has been XRP, making significant strides both in price and in the courtroom. As Halloween approaches, AI Analysis predict s a sweet treat for XRP investors. In a year where the cryptocurrency markets have witnessed intense volatility, XRP has managed to impress its holders. The token has surged by 24% in the past 12 months. This commendable performance means it has outperformed 76% of the top 100 cryptocurrencies. An impressive feat, considering the myriad of challenges and competitions in the space. Adding to its robust health indicators, XRP is trading above its 200-day simple moving average – a classic bullish sign for many analysts. Moreover, it’s showcased resilience and strength with 15 green days in the last month, maintaining a 50% bullish rate. As of now, XRP stands at $0.5526, marking a 0.28% increase in the past 24 hours and a 12.86% rise in the last week. This brings its market capitalization to a solid $29.5 billion. XRP 1-...

XRP has gained bullish traction after acquiring a major license in Singapore and the rejection of the U.S. Securities and Exchange Commission’s (SEC) appeal.  XRP is up by 4.9% in the past 24 hours and is trading at $0.53 at the time of writing. The hike comes as the asset’s 24-hour trading volume has risen by 93%, reaching a whopping $1.72 billion.  XRP price , whale activity and social volume – Oct. 4 | Source: Santiment The recent surge comes as the U.S. court rejected the SEC’s appeal against Ripple, which started in 2020. U.S. District Judge Analisa Torres stated that the regulator’s request to stay in the lawsuit was denied. You might also like: FTX founder Sam Bankman-Fried’s trial day 1: Recap Moreover, the Monetary Authority of Singapore (MAS) has also given In-Principle approval to the U.S.-based blockchain company. Ripple co-founder and CEO Brad Garlinghouse added that Ripple has “secured the full Major Payment Institution license for digi...

Memeainator raised more than $300k a few days after starting its token sale. WorldCoin token surged as the developers increased their focus on emerging markets. Chainlink gained traction as demand for its tokenizatioon products rose. Cryptocurrency price s had a strong performance this week as they defied the gravity we saw in other assets like stocks and bonds.  Bitcoin price jumped to over $27,000 even as the Russell 2000 index moved to the bear market. In all, the total market cap of cryptocurrencies jumped to over $1.07 trillion. This article looks at some of the top cryptocurrencies to watch, including WorldCoin, Memeainator, and Chainlink.  Memeainator analysis Memeainator (MMTR) was one of the top breakout stars in the crypto industry this week. The developers launched a highly successful token sale on Wednesday, which has raised more than $391k from investors around the world. The token is going for $ 0.011 and is set to continue ri...

The trend of Shibarium consistently achieving peak levels and surpassing previous records persists, therefore establishing new all-time highs.  In a very short span of time following the resumption of this Layer-2 blockchain,the transaction count has hit a new all-time high (ATH).  According to the data obtained from the Shibariumscan explorer, it is evident that the total number of transactions has exceeded two million , specifically reaching a current count of 2,328,690, as the user base continues to grow. Shibarium total transactions. Source: Shibariumscan explorer Currently, the total count of interconnected wallets amounts to 1,155,622. The quantity of extracted blocks, subsequent to achieving a significant threshold of 500,000, persists in ascending, now amounting to 606,826.  Shibarium relaunch Cryptocurrency Movement Labs raises over $3m in pre-seed round and releases movement SDK for Web3 Cryptocurrency Bitcoin price for...

Sui token’s (SUI) price has struggled over the past month, falling to a one-month low of around $0.46 on Aug. 18 as almost the whole crypto market turned red.  However, as the asset’s social activity grew, SUI’s price turned green, recording a 6.7% rise over the past 24 hours. According to Santiment, the Sui token’s social dominance surged by 200% in the past 24 hours — this happened for the first time since mid-May 2023. SUI price, social dominance, total OI and development activity – Aug. 23 | Source: Santiment On the other hand, the asset’s total Open Interest (OI) has dropped from $771 million to $604 million over the past three days. Per Santiment, SUI’s total OI suddenly rose from $469 million on Aug. 16 to $702 million on Aug. 17. You might also like: Sui announces the launch of its developer portal  According to data provided by the market intelligence platform, the development activity of the Sui network has been consistently dropping since the star...

ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining. Ether’s price fell this week, and several data points are beginning to suggest that further downside could be in store.  On July 24, Ether (ETH) experienced a drop close to its monthly low, reaching $1,825 amid Bitcoin’s (BTC) negative price action, as uncertainty loomed over macroeconomic conditions and a potential whale sell-off. Several on-chain and technical indicators point to further downside in ETH prices. However, the extent of this downward movement could be limited, considering the profit levels of existing holders and the decrease in ETH’s liquid supply. ETH on-chain analysis suggests more downside Since the beginning of 2023, Ethereum’s network value-to-transaction value (NVT) metric has indicated that the asset may have been overpriced. Glassnode’s NVT signal gauges the relative value of the Ethereum network by comparing the market price to the volume of on-chain trans...

XRP price is down today like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week. XRP (XRP) price is down today , mirroring trends elsewhere in the cryptocurrencymarket as traders await the Federal Reserve rate decision in the week. XRP price drops amid rising dollar strength On July 24, XRP price dropped 8% to $0.68, underperforming the crypto market's 3.5% decline on the same day. The XRP/USD pair declined amid growing expectations that the Fed would raise interest rates by 25 basis points in its July 25-26 meeting. XRP/USD versus the crypto market's daily performance chart. Source: TradingView A higher rate environment is considered bad for cryptocurrencies like XRP. As a result, some traders have rotated out of high-cap cryptos to seek shelter in safer assets like the U.S. dollar, selling at the peak of the Ripple-led market rally on July 13. For instance, XRP's price climbed 75% on July 13 but was unable to extend its gains above $1...

Standard Chartered Bank has revised its bitcoin price prediction, forecasting a rise to $120,000 by the end of 2024. The renewed push for a bitcoin exchange-traded fund (ETF) by BlackRock and other institutions could potentially propel the cryptocurrency even higher. BTC to the moon? Standard Chartered Bank has increased its bitcoin (BTC) price prediction, forecasting that the digital asset could reach $120,000 by the end of 2024. This updated forecast comes after the bank initially projected a price target of $100,000 in April 2023. Geoff Kendrick, the bank’s top foreign exchange analyst, highlighted that the recent rise in miner profitability would reduce bitcoin supply, contributing to higher price s, Reuters reports. The forecast comes amidst the market’s significant downturn that started last year, coupled with several high-profile bankruptcies and scandals, including the disgraced Sam Bankman-Fried’s FTX saga. You might also like: Hong Kong pushes HSBC ...

Bitcoin short-term holders are slowly seeing profits evaporate as BTC price action trends lower, but more downside could be next. Bitcoin (BTC) has room to drop below $25,000 to flush out a recent influx of speculators, research shows. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode flagged the ongoing influence of “short-term holders” (STHs) on BTC price action. Profitability reset point lies below $25,000 BTC/USD has struggled to overcome $30,000 resistance in recent weeks, and multiple fakeouts have frustrated Bitcoin bulls. In its latest investigation into on-chain activity, Glassnode revealed that market newcomers may be responsible - speculative behavior, including profit -taking, has become prevalent in 2023. Among the metrics contributing evidence is market value to realized value (MVRV), which tracks spot price and the on-chain cost basis of specific investor segments. STH-MVRV reflects the relationship as it impacts STHs, define...

Bitcoin still lacks direction, traders agree, but both $25,000 and $30,000 remain as targets once conditions change. Bitcoin (BTC) stuck to a narrow trading range into April 7 as crypto analysts awaited the week’s main United States macroeconomic data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $30,000 or $25,000 for Bitcoin? Data from Cointelegraph Markets Pro and TradingView confirmed another day’s ranging around $28,000 for BTC/USD. The pair had shunned volatility over most of the week, but now faced nonfarm payroll (NFP) numbers as a final potential catalyst for risk assets. “Expectations are that we’ll be seeing 3.6%, similar to last month. Based on the financial numbers of this week, I’d rather expect 3.7-3.8%,” Michaël van de Poppe, founder and CEO of trading firm Eight, summarized about his expectations. “Result; $DXY down, $BTC unchanged and indices down/up depending on how far the outlier will be.” A further Twitter post argued that $30,000 remained on the t...

Price slippage occurs in both centralized and decentralized exchanges, but what are the causes and risks associated with it? Price slippage is a constant risk in trading on centralized exchanges (CEXs) and decentralized exchanges (DEXs) alike. It occurs when a trader’s order is executed at a different price than the one intended. It can happen due to high volatility, low liquidity or delays in order execution, resulting in a noticeable difference between the expected and actual transaction price. The DeFi ecosystem prioritizes decentralization and transparency, so the price slippage problem is more prominent than on centralized platforms. Price slippage on CEXs and DEXs On CEXs, price slippage is caused by factors such as low liquidity, high volatility and order book depth. CEXs are platforms that connect buyers and sellers of digital assets, with order books being a key element. An order book is a record of all buy and sell orders placed by traders for a particular cryptocurrency. It...

BLUR price is also forming a Doji candlestick pattern on its four-hour chart, hinting at a bullish reversal ahead. Blur (BLUR) could rise by up to 30% by March 2023 owing to a mix of technical and fundamental factors. Blur airdrop hype Blur is a nonfungible token (NFT) aggregator that indexes digital art listings across various base marketplaces like LooksRare and OpenSea. In doing so, the aggregator allows users to trade across all NFTs marketplaces via a single interface. Since its launch in October 2022, Blur has become the leading NFT aggregator , accounting for 40%-60% of the daily NFT trading volume, according to data tracked by Messari. Blur versus other NFT marketplaces' volumes. Source: Messari The period has also witnessed the Blur team "airdropping" free BLUR tokens to users who have traded Ethereum-based NFTs in the past six months. On Feb. 15, Blur officially launched its native token of the same name, allowing airdrop recipients to trade it for fiat money a...

Bitcoin bulls have everything to play for as the weekly and monthly closes decide what could be Bitcoin's best January in ten years. Bitcoin (BTC) spiked into key liquidity for a third time into Jan. 29 as the weekly and monthly closes loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on Bitcoin: $25,000 "in sight" Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly hitting $24,498 on Bitstamp overnight. The move, although short lived, marked the pair's third such attempt to take sell-side liquidity above $23,400 in recent days. In each instance, bulls appeared to lack momentum to reclaim new support levels, and at the time of writing, the status quo remained the same, with Bitcoin trading just below liquidity at $23,250. BTC/USD order book data (Binance). Source: Material Indicators/ Twitter Previous order book data from Binance uploaded to Twitter by monitoring resource Material Indicators demonstrated the firepower n...