Cardano Price Prediction: ADA eying up a potential bounce, according to technicals
The current market capitalization of Cardano is $3.3 billion, gaining around $500 million in the past week after a significant surge. The digital asset topped out at $0.114 but is showing bullish signs again after a brief and healthy consolidation period.
BlockOne launches new services for EOS to build more accessible blockchain-based solutions
The idea behind this new launch is to create EOSIO for Business. Block.one is committed to delivering several upgrades that will greatly improve the flexibility of EOSIO's consensus protocol. The official announcement paper states:
EOSIO for Business is here to help clients ensure their projects meet industry standards and stay on par with traditional non-blockchain technologies by providing access to the native knowledge of engineers and developers whose expertise supports and evolves projects.
Top 3 Gainers: BCH, BTT, and WAVES jump over 5% leading the crypto market recovery
The entire cryptocurrency market had a great week gaining close to $30 billion in market capitalization. Bitcoin and other major coins suffered a slight pullback; however, not all coins had a correction, here are the three top gainers of the past 24 hours.
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Is Altcoin Season here as Bitcoin reaches a new all-time high?
Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.
Shanghai court confirms legal recognition of crypto ownership
A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.
BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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