Institutional investors have played a large role in Binance’s $24.2 billion net inflows so far in 2024. Cryptocurrency exchange Binance racked up over $24 billion in inflows from user deposits so far in 2024, according to data from DefiLlama. In a blog where Binance said its inflows were higher than 10 exchanges combined, Binance said the “growth…
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Dogecoin’s next possible stop is $0.50 and above. Especially if a historical price fractal fails to play out. After a 208% breakout in early November, Dogecoin has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE’s recent price correction led to a breakout below an ascending trendline, indicating a potential bearish…
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Google has several experimental AI assistant projects that all have a different function in mind, such as helping users with video games and in depth research. Google AI research lab DeepMind says its newly released artificial intelligence model, Gemini 2.0, will be the bedrock used to build more advanced AI agents. An AI agent powered…
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SOL price is up today as significant developments within the layer-1 ecosystem led to a rise in Solana network use. Solana price is up today, buoyed by a significant recovery in the broader cryptocurrency market. SOL’s rebound follows Bitcoin’s recovery back above $100,000 as a number of technical and onchain indicators point to further gains for…
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Crypto commentators say there is “not much alpha in chasing alts” right now, but are eyeing the possibility of Bitcoin retesting $99,000. The majority of altcoins may continue to see a downtrend potentially until the end of January 2025, says Felix Hartmann, founder of venture capital firm Hartmann Capital. “Some alts may continue running briefly,…
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Ape into gaming ecosystem cryptos not ‘single-player games’ tokens — YGG exec Crypto traders looking to make smarter bets on gaming tokens should go for ones tied to entire ecosystems, not just individual games, says Yield Guild Games corporate development and finance manager Serge-Raymond Nzabandora. “These single-player games with token launches, I think, are more…
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ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play? Ether declined on Dec. 9, retesting the $3,800 level after failing to break above $4,050—a resistance level intact since December 2021. The 5% price drop has raised concerns among traders about the sustainability…
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Bitcoin faces a giant inefficiency on short timeframes as a week full of potential volatility starts with a wobble. Bitcoin BTC$96,053 saw its first weekly close above $100,000, which was a volatile start to a new trading week. Weekly close records do not last long as analysis warns that the market should fill a $10,000 downside wick…
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One expert says while Willow is a significant development, it’s still far short of being a threat to crypto encryption, at least for now. Google’s Quantum AI team has revealed its new quantum computing chip, capable of solving a computational problem in less than five minutes — the same problem that would take one of…
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While the crypto frenzy captivates speculators with dizzying highs and lows, the real winners are those giving investors a way to speculate. An ongoing memecoin trading frenzy amid the cryptocurrency bull run is allowing traders to experience dizzying highs and lows, yet those benefitting from the “gold rush” appear to be the sellers of picks…
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