Recent News on Cryptocurrency, Blockchain, and Finance | Yellow.com
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Taiko Sees 1000% Monthly TVL Surge Led By DeFi Protocols
Taiko reached the all-time high TVL of $81 million in October courtesy its DeFi Protocols.
Alexey BondarevNov 08, 2024

CRO's Meteoric Rise: Three Factors Fueling Cronos's 50% Surge
In a remarkable rally, the native token of the Cronos and Crypto.com ecosystem, CRO, has seen notable gains, reaching over $0.11 for the first time since June
Alexey BondarevNov 08, 2024

Coinbase Deploys Wrapped Bitcoin on Solana: A Bold Move in DeFi Expansion
Coinbase, America’s leading cryptocurrency exchange, has officially introduced a wrapped version of Bitcoin on Solana’s layer-1 blockchain
Alexey BondarevNov 08, 2024

XRP Faces Renewed Pressure After Brief Rally
The XRP market recently witnessed a price surge above the crucial $0.5500 support level, climbing towards the $0.5780 resistance
Alexey BondarevNov 08, 2024

Ethereum Tests $3,000 Level Amid Market Rally
Ethereum price started a fresh increase above the $2,720 resistance. ETH is up over 10% and now approaches the key barrier at $3,000. Ethereum started a fresh surge above the $2,720 resistance zone. The price is trading above $2,750 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $2,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $2,950 resistance. Ethereum Price Extends Its Increase Ethereum price started a fresh increase above the $2,650 resistance like Bitcoin. ETH was able to climb above the $2,720 and $2,750 resistance levels to move further into a positive zone. It even surged above the $2,850 level in the past few sessions, beating BTC. It is up over 10% and there was a move above $2,920. A high is formed at $2,955 and the price is showing signs of more upsides. It is well above the 23.6% Fib retracement level of the upward move from the $2,355 swing low to the $2,955 high. Ethereum price is now trading above $2,800 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2,820 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,920 level. The first major resistance is near the $2,950 level. The main resistance is now forming near $3,000. A clear move above the $3,000 resistance might send the price toward the $3,120 resistance. An upside break above the $3,120 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,250 resistance zone. Are Dips Limited In ETH? If Ethereum fails to clear the $2,950 resistance, it could start a downside correction. Initial support on the downside is near the $2,850 level. The first major support sits near the $2,820 zone and the trend line. A clear move below the $2,820 support might push the price toward $2,720. Any more losses might send the price toward the $2,650 support level in the near term. The next key support sits at $2,550. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,820 Major Resistance Level – $2,950
Alexey BondarevNov 08, 2024

Solana Makes 401% Year-To-Date Gains As Cutoshi Looks To Boost ETH
The Solana meme coin has gained more than 10% in the last one month, suggesting that the meme coin boom is far from over.
Alexey BondarevNov 07, 2024

Web3 Social Platform UXLINK Gains Over 36% As It Ropes in New Investors
The web3 social platform UXLINK gained more than 36% after Donald Trump won the US election.
Nov 07, 2024

Papo Ninja Gains 11% After P2E Gaming App Launch and Token Listing
The Papo Ninja token is gaining momentum after its listing along with the P2E gaming app launch.
Nov 07, 2024

BlackRock Bitcoin ETF Trading Volume Reaches $621M, Fidelity Leads in Inflows on Banger US Elections Results Day
As Donald Trump won the US elections, BlackRock Bitcoin ETFs trading volume touched $621 million while Fidelity's inflow surged.
Alexey BondarevNov 07, 2024

Bitcoin Rally: Analysts Point to $300,000 Target
Prominent crypto analyst Gert van Lagen predicts that Bitcoin is poised for a potential leap to as high as $300,000
Alexey BondarevNov 07, 2024
