Author: Kryptonews
Recent market movements show established tokens in flux; the Uniswap (UNI) price chart suggests a tentative breakout, while Internet Computer (ICP) technical analysis reveals a rally driven more by narrative than utility. This volatility highlights a familiar churn, where value seems created and erased in equal measure. For investors fatigued by these cycles, must true value creation always be so convoluted? Perhaps the market is looking in the wrong places. Consider Milk Mocha ($HUGS), a project leveraging a globally recognized brand, not just complex code. Its presale structure is a study in transparent arithmetic. An initial $1,000 investment secures 5,000,000…
Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden, New York, where it co-hosts operations with mining company NYDIG.The fire broke out on Sunday due to an “electrical switchgear failure,” forcing the company to de-energize the entire facility, according to a Securities and Exchange Commission (SEC) filing.The fire did not damage the mining rigs, and the company said it would resume normal operations within a “few weeks,” without providing specific dates. Greenidge disclosed the fire at the Dresden, New York, facility in a recent SEC filing. Source: GreenidgeGreenidge’s Dresden…
Dogecoin is showing short-term price movement following a recent chart breakout, while Mono Protocol has reported increased activity in the crypto presale market. Although the two projects operate in different segments of the industry, both have reported notable recent activity—Dogecoin in short-term price structure and Mono Protocol in its ongoing presale.Dogecoin Price Movement After Inverse Head-and-Shoulders BreakoutDogecoin is trading near $0.154 after gaining 2% in the past 24 hours, according to CoinGecko. The asset remains down 5% over the past week, although some analysts have noted short-term structural changes in recent charts. The 4-hour chart shows a breakout from an…
Transaction fees are a major concern when sending cryptocurrency. Each transaction incurs a fee that is received by the miner, and that translates to paying hefty amounts for large organizations that regularly deal with large transactions.Transaction batching is a method invented for such scenarios. The method treats multiple transactions as one to improve scalability and reduce costs. The feature may soon arrive on Tron, thanks to a newly submitted proposal.The proposal was submitted by blockchain infrastructure provider Boosty Labs to the CTDG Dev Hub. The proposal is the first fruit of this effort. If passed, it can give Tron, an…
This week, cryptocurrency markets staged a long-awaited recovery, following four consecutive weeks of downside momentum.Bitcoin’s (BTC) price reclaimed the $90,000 psychological mark on Wednesday, bringing some much-needed relief for Bitcoin exchange-traded fund (ETF) holders, who were once again back in profit as BTC traded above the key $89,600 flow-weighted cost basis of ETF buyers.Bolstering investor sentiment, Cathie Wood, the CEO and chief investment officer of ARK Invest, said the company’s $1.5 million Bitcoin bull market price prediction remained unchanged, pointing to billions in returning liquidity following the end of the US government shutdown.The crypto market recovery followed a sharp increase…
Institutional investors surveyed by Goldman expect gold to break $5,000 per ounce by the end of 2025
Gold is already deep into record territory, and big money is now openly betting it still has another massive leg higher. According to Goldman Sachs, a survey taken between Nov. 12 and Nov. 14 shows institutional investors now line up behind a bold call for $5,000 per ounce by the end of 2026. The numbers are loud. Thirty-six percent of more than 900 institutional clients expect gold to clear that level outright. Another 33% see a range between $4,500 and $5,000. More than 70% see higher prices next year. Just over 5% think it falls back toward $3,500 to $4,000. The…
Crypto markets went through quite a rout recently, and the fallout was typical. Panic selling and many fearing the worst took hold for a while. However, among seasoned crypto investors, the market has begun maturing significantly. This is why volatile periods in the market haven’t hit quite as hard as previous dips. Meanwhile, the rebound has been swift and is already racing ahead. Evidence of this is clear as the market climbed by billions. However, while Bitcoin and the usual suspects have all been recovering too, it was the meme and NFT markets that saw most of the action. Collectively, they…
The blockchain ecosystem is home to several highly successful smart contract protocols, which makes the arrival of newcomers highly competitive.Canton Network is one of the newest ‘next generation layer one’ to vie for users and capital from incumbents like Ethereum and Solana. Alongside SUI and Aptos, Canton’s rise challenges the assumption that we have too many blockchains.The rise of @CantonNetwork may seem fast, but it’s been a decade in the making. A decade of learning from the mistakes of others…@gazza_jenks and I chat with the co-founder and CEO of Digital Asset, @YuvalRooz, to hear the origin story of Canton.https://t.co/6koyyOsnht— Robert…
Key NotesSecuritize selected Avalanche for its EU-wide regulated trading system launching in 2026 across all 27 member states.Short positions face $15.9 million in liquidations between $15-$15.70, risking a squeeze toward $17 if bulls maintain momentum.AVAX confirmed a double-bottom pattern with breakout above $15 neckline, targeting $17.90-$20 if support holds. Avalanche AVAX $14.86 24h volatility: 1.6% Market cap: $6.38 B Vol. 24h: $384.25 M rebounds past $15 in the early hours of Friday, November 28, hours after Securitize confirmed it will launch a pan-European Trading & Settlement System (TSS) powered by the Avalanche network. Approved under the EU’s DLT Pilot Regime,…
XRP price prediction is turning bullish as a key on-chain signal points strongly in favor of bulls.CryptoQuant analyst Darkfost notes that Binance’s XRP reserves have dropped to around 2.7 billion, marking the lowest level the exchange has seen in years.Darkfost notes that investors “are withdrawing their XRP to hold long term,” a behavior that usually appears when conviction is rising. Since October 6, Binance has seen about 300 million XRP flow out of its wallets, pushing its reserves down to around 2.7 billion. XRP Reserves on Binance are Plummeting“If this trend continues, XRP could move into a more structured phase…
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