Author: Sollcrypto
Hamster Kombat’s token took a sharp downturn just days after the viral Telegram mini-game distributed millions of tokens in an airdrop.Trading data shows that Hamster Kombat (HMSTR) has dropped nearly 60% since its token generation event and listing on exchanges on September 26. The token debuted at approximately $0.012 on platforms like Binance and the decentralized exchange Ebi.As of now, HMSTR is trading below $0.0058, with its value consistently declining since the late September launch. Hamster Kombat gained popularity as a mini-game on The Open Network (TON) and the Telegram app, positioning itself to surpass competitors like Notcoin (NOT). Despite…
According to data from XRPL validator Vet, 99% of the entire supply of the RLUSD stablecoin was minted in just one day, with a total of 800,000 RLUSD tokens generated within the last 24 hours. Data from an X (formerly Twitter) account that tracks RLUSD transfers reveals that the latest minting of approximately 100,000 tokens occurred about eight months ago. This recent surge in token creation suggests the project is nearing its official launch. Ripple first announced its RLUSD stablecoin in April, and beta testing began in August. Initially, the stablecoin will be available only to Ripple’s enterprise partners, as…
In a tight election race, small voter factions may determine the outcome, and the crypto industry has taken notice. It has made concerted efforts to position cryptocurrency as a key issue, gathering extensive data on swing voters and conducting research to influence the election.A recent Harris poll indicates that one in five voters in battleground states see crypto as a significant issue. Crypto voters, in particular, are highly engaged, active, and aware of their potential influence on the election.Stand With Crypto, a pro-crypto advocacy group, has already registered nearly 1.5 million people online. Their “America Loves Crypto” tour is visiting…
Bitcoin Struggles at $64K, but Bullish Sentiment Grows Amid Positive Market Indicators Bitcoin (BTC) continues to grapple with the $64,000 resistance level, trading up 0.3% at $63,850 on Wednesday. Despite the short-term challenge, market experts are pointing to a growing sense of optimism and potential catalysts that could propel Bitcoin to new heights. Analysts note that while BTC has yet to break decisively above $64,000, several encouraging signals suggest the cryptocurrency may be poised for its next upward move. In contrast, Ethereum (ETH) has slipped 1%, currently trading at $2,625, according to CoinGecko data. U.S. Bitcoin and Ethereum ETFs See…
XRP Community Analyst Levi Rietveld Unveils Bullish Insights on Ripple’s RLUSD Stablecoin and Bank Integration Potential XRP community commentator Levi Rietveld recently shared insights pointing to a bullish outlook for XRP, with a particular focus on Ripple’s RLUSD stablecoin and its potential integration within the banking sector. Ripple continues to attract attention in the financial industry due to its development of the RLUSD stablecoin. As the project nears its official launch, speculation within the XRP community grows regarding its use cases and potential impact on the global financial landscape. In his commentary, Rietveld emphasized key aspects of the RLUSD stablecoin…
Evidence of impending volatility is emerging as open interest in Bitcoin futures has surged to around 89,000 BTC on Binance. This rise in open interest signals increased trader activity, as new capital flows into the market and positions are established in anticipation of significant price movements.When open interest reaches such high levels, traders are often making substantial bets on future market directions. However, the outcome can vary depending on market sentiment. A bullish outlook may suggest that traders are gearing up for a price breakout. Conversely, if sentiment turns more cautious, this spike could lead to a sharp sell-off if…
Crypto NewsNewsCorp Stock Market Analysts Caution on Bitcoin (BTC): “The Uptrend Has Arrived, But…Source: en.bitcoinsistemi.com | 3 hours ago Bitfinex analysts have advised caution despite Bitcoin’s recent price surge, highlighting a slowdown in momentum within the spot market. According to the latest analysis, while Bitcoin’s initial rise was driven by strong spot market buying, this activity has since stabilized. Analysts pointed to the spot Cumulative Volume Delta (CVD), a key metric that tracks the difference between cumulative buying and selling volumes, which has now flattened. This flattening indicates that the early wave of buying pressure has diminished. “We expect Bitcoin…
In recent weeks, Dogecoin (DOGE), the leading meme cryptocurrency, has generated buzz due to the formation of a bullish falling wedge pattern on its price chart.Since hitting its yearly high of $0.2288 in early March, Dogecoin has declined by over 62%, reaching a low of $0.8893 in early September, where the downtrend appears to have halted. More importantly, throughout this decline, the price has formed a bullish wedge pattern, establishing a dynamic range with key resistance and support levels.There were two failed breakout attempts in May and July. However, this month, Dogecoin made another attempt to break out of the…
Bitcoin (BTC), the world’s largest cryptocurrency, saw a notable drop today. After briefly surpassing $63,500 at midnight, BTC fell by around 1.5%. While the exact cause of the decline is unclear, such movements can sometimes occur on weekends due to reduced liquidity, though this isn’t always the case. On the other hand, prominent cryptocurrency analyst il Capo of Crypto shared his thoughts on the situation, referring to the drop as a “typical Sunday dump.” He added that while BTC’s price might decline further, this drop could present a buying opportunity. However, the uncertainty surrounding Bitcoin’s price remains. An analysis of…
Earlier today, prominent blockchain tracker Whale Alert reported that several Satoshi-era Bitcoin wallets, dormant for over 15 years, have suddenly become active. Five 2009 Bitcoin Miner Wallets Awaken Analytics account @lookonchain revealed that within a single hour, five long-dormant Bitcoin wallets, each containing 50 BTC (worth approximately $3.18 million), were activated. These wallets belong to miners who earned their 50 BTC by generating a block on the Bitcoin network in 2009, the year Bitcoin was created by the elusive Satoshi Nakamoto. Back then, the block reward was 50 BTC, which was reduced to 25 BTC after Bitcoin’s first halving in…