Staking rewards fuel Algorand cryptocurrency rally

The Algorand ecosystem is having a good time. The rewards for stakingrecently announced, have catapulted the price of its native cryptocurrency, ALGO, to levels not seen in more than a year. The cryptocurrency ALGO has experienced an increase of 64% in the last seven daysrising from $0.28 to $0.52. This rally has taken its market … Read more

XRP and USDT, the battle for third place in the top cryptocurrencies

Over the weekend, XRP, Ripple’s cryptocurrency, experienced a significant increase that led it to surpass the USD 2 barrier in its price. This rise led XRP to directly confront Tether’s USDT in the fight to remain the third most valued cryptocurrency on the market. The market capitalization of USDT remained stable, with a value of … Read more

its biggest climb in 11 years

XRP, the token issued by the company Ripple Labs, closes November with a notable rebound, recording its largest monthly increase since 2013. That was because in the last 30 days, the asset rose 280%, to become the second most significant increase in its history, since 11 years ago it registered an increase of 531%. At … Read more

For the first time, money inflows into Ethereum ETFs surpassed those into bitcoin

The price of ether (ETH) increased by 7.5% in the last 7 days. The BlackRock ETF reported inflows of $250 million. Ether (ETH) exchange-traded funds (ETFs), the Ethereum cryptocurrency, had net inflows of more than $332 million in a single day, marking a record in the history of these financial instruments operating in the United … Read more

Bitcoin’s dominance indicates that the altseason is about to begin

The market is preparing to experience a new altseason for the second time in 2024. This term refers to the period in which cryptocurrencies other than bitcoin (BTC) experience a notable increase in their price. Generally, An altseason usually takes place after a strong bitcoin uptrend. This is because when the currency created by Satoshi … Read more

See it in our news summary

Investment firm VanEck praised Bukele’s bitcoiner tactics in El Salvador. MicroStrategy’s Bitcoin Accumulation Strategy Is Key, But Is It Sustainable? The Bitcoin market is at a crucial moment with the $100,000 barrier about to be surpassed. However, strong sales slowed its advance, despite bullish projections that point to even higher prices in the future. Expectations … Read more

XRP is already more valuable than BNB, the cryptocurrency created by Binance

XRP has risen more than 220% in the last month, touching $2 per coin. The Ripple asset is now the fifth most valued cryptocurrency on the market. XRP, the cryptocurrency issued by Ripple, reached a market capitalization that positions it above BNB, the currency created by Binance. This transition makes XRP the fifth most valuable … Read more

Bitcoin has already reached $100,000 in CME futures

Bitcoin (BTC) has reached $100,000 in futures contracts for the first time offered by the Chicago Mercantile Exchange (CME). In the following graph, provided by TradingViewyou can see how BTC has behaved in this market: Price of bitcoin futures contracts on the CME in the last 5 days. Source: TradingView. Although the price spot of … Read more