Serum price nearly doubled post the emergency fork in the aftermath of FTX exchange hack
Solana-based decentralized exchange token, Serum (SRM), was forked by its community. A fork implies that developers copied the underlying software code and started afresh, protecting SRM holders from the November 11 attack on FTX exchange.
Hedera Hashgraph (HBAR) Price Prediction: The next move defines the trend
HBAR price has rallied impulsively, recovering 15% of market losses. An influx of volume accompanies the impulsive rally with larger transactions than the previous 33% decline. Invalidation of the bullish thesis is a breach of $0.043.
Luna Classic Price Prediction: One more out-of-nowhere LUNC spike
Terra's Luna Classic price (LUNC) could rise once more to solidify a 20% rally on the week. Following the weekend decline, the short-term technicals are pointing north. Key levels have been defined to gauge a potential move. Terra's Luna Classic price has risen by 20% since the weekend crash. During the downswing, the bulls established a higher low which catalyzed the move higher.
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Ethereum dips slightly amid Renzo depeg, BlackRock spot ETH ETF amendment
Ethereum (ETH) suffered a brief decline on Wednesday afternoon despite increased accumulation from whales. This follows Ethereum restaking protocol Renzo restaked ETH (ezETH) crashing from its 1:1 peg with ETH and increased activities surrounding spot Ethereum ETFs.
Injective price weakness persists despite over 5.9 million INJ tokens burned
Injective (INJ) price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price. Coupled with broader market gloom, INJ token’s doomed days may not be over yet.
US intensifies battle against crypto privacy protocols following crackdown on Samourai Wallet
CEO Keonne Rodriguez and CTO William Lonergan of Samourai Wallet were arrested by the US Department of Justice (DoJ) on Wednesday and charged with $100 million in money laundering on a count and illegal money transmitting on another count. This move could see privacy-focused cryptocurrencies take a dip.
Near Protocol Price Prediction: NEAR fulfills targets but a 10% correction may be on the horizon
Near Protocol price has completed a 55% mean reversal from the bottom of the market range at $4.27. Amid growing bearish activity, NEAR could drop 10% to the $6.00 psychological level before a potential recovery. A break and close above $7.95 would invalidate the downleg thesis.
Bitcoin: BTC post-halving rally could be partially priced in Premium
Bitcoin (BTC) price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours. Is the halving priced in for Bitcoin? Or will the pioneer crypto note more gains in the coming days?