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What is Render token and why it gained 300% in price

It’s been a wild ride for the Render Network’s native RNDR token this year thus far. Starting 2023 at a modest $0.4008, the token reached its 90-day high of $1.73 on Feb. 2, rising by a staggering 331%. As investors globally continue to jump on the bullish bandwagon, it…

Shiba INU (SHIB) Price Fails to Spark Healthy Upswing, How Will SHIBArmy React?

Shiba INU price surges marginally, although the bullish market sentiments have spiked within the crypto space. With the fresh interest rates released by the FOMC, Bitcoin prices surged beyond $23,800. Following the star crypto, the majority of the altcoins also spiked beyond their resistance levels. However, SHIB’s price despite…

Voyager creditor requests trustee to take control of the firm’s estate

A voyager creditor, Michelle DiVita, is reportedly calling for a Chapter 11 trustee to seize the bankrupt firm’s estate. DiVita also accused Voyager Digital of misinforming the public about the company’s financial situation, including publishing inaccurate data and public misrepresentation. Mitchelle DiVita pleads for Voyager’s accountability  Voyager victim and…

Aptos Labs Announces New Features – APT Price Massive Surge On Horizon!

The Aptos (APT) network, a layer 1 (L1) blockchain that has attracted significant crypto attention, has rallied more than 385 percent in the past 30 days. Trading around $18.25 on Thursday, the APT market has recorded total liquidations of about $6.08 million in the past 24 hours. As more…

Voyager Bankruptcy Leads to Massive 270 Billion Shiba Inu Transfer! SHIB Price Drop On Horizon?

The bankrupt cryptocurrency lender Voyager Digital has transferred 270 billion SHIB to Coinbase, Kraken, and BinanceUS over the course of three transactions totaling 90 billion each. Today, crypto on-chain analytics firm Lookonchain made the announcement on Twitter, where they also shared a link to the transaction details. According to…

Upcoming FTX documentary to focus on SBF and CZ’s relationship

A new documentary on the FTX saga looks into the intricate relationship between Sam Bankman-Fried and Changpeng Zhao, the Binance founder. Through a partnership by Fortune and Unrealistic Ideas, its producers aim to provide a 360-degree personal look into FTX. Detailing the rise and fall of FTX The bond…

Will MATIC Price Initiate Fresh Rally in February?

Ethereum’s layer 2 scaling solution Polygon (MATIC) has rallied by more than 56 percent since the calendar flipped in January. Trading at $1.22 Today, up approximately 11.6 percent in the past 24 hours, Polygon (MATIC) is just a few steps away from regaining its pre-FTX momentum. However, analysts expect…

Litecoin Price Hits 9-Month high – Here Are The Top Two Reasons

Story Highlights Litecoin price claims 80% bull run since November 2022 Analysts claim two main reasons for Litecoin’s remarkable rally As Bitcoin, Ethereum and most other cryptocurrencies opened the year on a bullish note, a few of the altcoins couldn’t enter the race immediately. One such altcoin is Litecoin,…

Ripple, XDC Network, and cardano are three altcoins that are non-correlated to bitcoin

With the cryptocurrency market becoming increasingly competitive, investors are always looking for ways to diversify their portfolios. One strategy is to gain exposure in non-correlated altcoins.  We will explore the potential benefits of holding Ripple (XRP), XDC Network, and cardano (ADA). These three altcoins are non-correlated to bitcoin (BTC)…

EOS Price Analysis: Bulls Face Uphill Task Near $1.12

EOS price started a fresh increase from the $1.00 support against the US Dollar. The price is now trading above $1.02 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.060 on the 4-hours chart of the EOS/USD…

Litecoin (LTC) Price Analysis: Break Above $100 Looks Real

Litecoin started a strong increase above $95 against the US Dollar. LTC price is now trading above $92 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $92 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).…

FTX debtors want to subpoena SBF allies

FTX’s debtors and impacted parties are requesting the court to subpoena Sam Bankman-Fried’s inner circle to turn over records and information for ongoing investigations. Debtors hope court subpoenas SBF’s closest advisor To obtain records from the near relatives and workmates of former CEO Sam Bankman-Fried, FTX victims are requesting…

Avalanche Network daily transactions grow by 85% in Q4 2022

It looks like 2023 is off to an excellent start for AVAX, the native token of Avalanche Network, which has seen a surge since the beginning of the year. Data shows that from Jan. 1, when it was trading at $10.67, the token shot up to its 90-day high…

2023 Developer Report Reveals These Altcoins are Soaring!

Despite the tough bear market, the most active alternative cryptocurrencies in 2022 are shown to be Ethereum, Solana, and Cosmos, with Solana being the fastest-growing ecosystem, according to the most recent developer report published by Electric Capital. The overall amount of monthly active Web3 developers has increased by 5.4%…

Dogecoin price on the rise as whale activity reaches 2-month highs

The dogecoin (DOGE) price has surged as its on-chain activity hikes. According to the on-chain intelligence platform, Santiment, DOGE whales have also been busy with the first dog-themed digital currency over the past week. Santiment’s data shows that considerable whale movements — worth more than $100,000 — have suddenly…

British Pound-Backed Stablecoin to Be Available in 18,000 ATMs Across the UK

Poundtoken and BitcoinPoint hope that their initiative will help to normalize the use of stablecoins for everyday financial operations. Poundtoken, the issuer of the first regulated and British pound-backed stablecoin, GBPT, has partnered with a Lightning Network-enabled Bitcoin (BTC) and cryptocurrency exchange BitcoinPoint. With the collaboration, Poundtoken and BitcoinPoint…

Solana (SOL) Price Analysis: Bulls Aim Upside Break above $25

Solana price started a decent increase above the $20 resistance against the US Dollar. The price is now trading below $25 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $23.75 on the 4-hours chart of the SOL/USD pair (data…

Independent Examiner Submits Final Report on Cryptocurrency Celsius (CEL)

The examiner claims that Celsius’ problems began long before 2022. Shoba Pillay, an independent examiner appointed by the United States Bankruptcy Court to look into Celsius operations and its native token Celsius (CEL), has submitted the final report. It is worth noting that the US Bankruptcy Court for the…

Solana (SOL) and Polygon (MATIC) Price May Face a Potential Drop If This Scenario Plays-out

The altcoin market has been experiencing an unexpected downtrend after a promising upward rally, giving bearish woes to investors’ portfolios. Two of the most talked-about altcoins, Solana and MATIC, are no exception, as they are following the ongoing market trend and developing a possible downtrend in the next few…

Solana (SOL) is The Best Bet For Traders In Current Market Cycle – Here’s Why

Since the beginning of the year, Solana (SOL) has seen largely upward price movement. However, it has gone down and is now in the red as of this writing. Nonetheless, the token’s potential has been widely predicted by market watchers. Experts Predict Massive Growth for SOL Cantering Clark, a…

Twitter data suggests safemoon and BNB supported by bots

Twitter data gathered from the Utradea financial information API suggests that interactions with tweets concerning BNB and safemoon are heavily driven by bots. Data showing the ten most posted tickers on Twitter over the last 24 hours shows two outliers with unlikely tweet engagement metrics. Namely, BNB and safemoon…

US Senators question Silvergate after FTX comments

According to recent reports, several US senators have written a letter to Silvergate Capital, the parent organization of Silvergate Bank, demanding information the institution is ‘withholding’ about the demise of the crypto exchange FTX. Senators and House members held hearings Senators, including Republican John Kennedy, Democrat Roger Marshall, and…

5 altcoins that produced double-digit gains as Bitcoin price rallied in January

The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up.  The improving macroeconomic…

Dogecoin on the Edge of Massive Explosion! Will DOGE Price Reach $1 This Bull Run?

Story Highlights Dogecoin price is heading close to rise beyond 10 cents and sustaining beyond these levels may ignite a steep uptrend ahead Meanwhile, the token is also gaining huge momentum against Bitcoin and expected to undergo a 100% upswing soon Dogecoin, the 9th-ranked asset, has jumped more than…

Media Shower Unveils New Blockchain-Based Reward Program

Boston-based communications firm Media Shower has unveiled its new BMJ Reward Token, a blockchain-focused reward system that provides digital rewards to the paid, premium subscribers of its Bitcoin Market Journal (BMJ) newsletter. Media Shower Is Delivering a New Kind of Digital Rewards Token Media Shower has spent the last…

Litecoin (LTC) Price To Rally In Coming Days! Will it Hit $100?

Litecoin (LTC) has rallied about 33 percent in the past 30 days to trade around $93.66 on Tuesday. The proof-of-work (PoW) secured digital asset enjoys over 7,365,212 holders who have made a total of 142,360,884 transactions since inception. In the past 24 hours, the Litecoin network has reported a…

Bitcoin 7-month high ‘dominance’ has BTC price eyeing $25K — Will Ethereum spoil the rally?

Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023. On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June 2022. In September 2022, Bitcoin’s dominance index was as low as 38.84%. The index typically rises…

Cardano (ADA) Poised For Continued Growth: On-Chain Indicators Display Positive Trends

Cardano, like other cryptocurrencies such as Bitcoin and Ethereum, has had a bullish start to 2023. The price of ADA rose from $0.243 to $0.4, a 66.6% increase, before hitting resistance. In recent weeks, a rising wedge pattern has formed, indicating a potential correction of 15% to $0.325 if…

Litecoin has surged by 89% since its dip below $50 last November

Litecoin (LTC) has seen a substantial increase in value following the FTX-induced drop last November. It has so far rallied by 89% since dipping below $50 on Nov. 9 in the wake of the FTX implosion. The asset is currently on track to reclaim highs witnessed before the Terra…

Ripple vs SEC-Final Countdown Begins, Will Exchanges Relist XRP or Will Price Miss Another Bull Run?

Highlights The Ripple vs SEC lawsuit appears to have reached the final stage wherein the judgement could be produced in favour of the company The demand to relist XRP on exchanges is becoming more prominent due to the ascending positive sentiments XRP appears to be largely unaffected by the…

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