Analysis

Polymarket, a decentralized prediction market platform, is reportedly seeking to secure $50 million in a new funding round and is considering launching its own token.

NEAR Protocol (NEAR) continues its gains on Tuesday after rallying more than 14% on Monday and breaking above the descending trendline.

Polkadot (DOT) needs help at spot rates. When writing, DOT is still trading below $4.5 despite the broader recovery. Bitcoin and Ethereum, for example, are trading above local resistances now support, at around $60,000 and $2,400, respectively.

Shiba Inu’s layer 2 blockchain solution, Shibarium has proven to be a remarkable project over time, which has attracted significant adoption from the SHIB community, leading to notable growth. As the blockchain continues to expand, the SHIB team has revealed its key areas of focus.

Avalanche has experienced an impressive 25% surge since Wednesday, driven by the Federal Reserve’s announcement of a 50 bps interest rate cut.

After forming a base above the $305 level, Bitcoin Cash price started a fresh increase. BCH outpaced Bitcoin and Ethereum to gain over 15%. There was a clear move above the $320 resistance zone.

Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses.

After engaging in a series of high-stakes meme coin trades, the prominent whale has seen a whopping $13.5 million wiped from their portfolio.  

According to one analyst, Tron, a popular smart contracts platform and a stiff competitor of Ethereum, could be one of the most important layer-1s. Based on his assessment, the platform now serves more as a transactional layer, similar to Bitcoin.

Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level.

As the Shiba Inu ecosystem is preparing to enter a new era, the project’s core member and head of marketing Lucie has offered insights into SHIB’s mysterious evolution, emphasizing the crucial factor that will majorly drive the growth.

Kraken fired back at the US SEC to highlight that its approach to deeming digital assets as securities is flawed.

Shiba Inu (SHIB) has had a tough market in the last six months, losing more than half of its value. At $0.0000138 now, the token is down 70% from its March high of $0.000045.

Whether altcoins will outperform Bitcoin in coming months will depend on how welcoming the market will be to radical changes in the crypto ecosystem.

Crypto analyst Dan Gambardello has highlighted the Cardano (ADA) roadmap to a new all-time high (ATH).

Donald Trump has officially revealed the date of launch for his World Liberty Financial cryptocurrency project—September 16, 2024.

The Polygon Network recently underwent a technical upgrade to migrate their native token from MATIC to POL. Following the migration, the new token’s price struggled to gain momentum, failing to reclaim the $0.39 resistance level.

Popular doggy-themed meme coin, Shiba Inu, has experienced a major crash in whale net flows, signaling a shift in sentiment among large-scale investors.

Frank McCourt, who leads Project Liberty and the blockchain network Frequency, sees TikTok as a perfect fit for a decentralized internet model.

ENS domains now replace complex wallet addresses on PayPal and Venmo, making crypto transfers easier.