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SUI may be preparing for a breakout as weak stocks exit the market. If that happens, there is a possibility that the ranking within the top 20 will change. Sui (SUI) has had a huge impact, surpassing Litecoin (LTC) in market capitalization over the past 30 business days. The growing user base is certainly accelerating this upward trend. However, recent weekly decline of over 3% has propelled SUI to the top of the losers chart. This divergence has AMBCrypto analysts investigating whether the recent decline was a deliberate attempt to shake off a weak hand, setting the stage for a…

VeChain uses blockchain technology to track carbon emissions and promote sustainability by optimizing supply chains. The company introduced VeCarbon, a tool to help businesses manage and reduce carbon emissions. According to VeChain Jenny, VeChain is establishing itself as a leader in sustainability by leveraging blockchain technology to address environmental issues. Through a series of initiatives, VeChain aims to promote transparency and efficiency in sustainability practices across the industry. Carbon tracking and sustainable supply chain One of its efforts is the VeChain blockchain-based carbon footprint tracking solution that allows organizations and people to track carbon emissions within their supply chains in…

Litecoin ends a strong week supported by a resurgence of social engagement Whales are contributing to the rally, but the cryptocurrency could soon pull back It has been an interesting week for Litecoin, mainly due to the surge in Litecoin social activity over the past few days. This has been accompanied by some notable bullish price action, but can cryptocurrencies sustain this trend in the long term? Litecoin’s rise in social engagement was particularly noticeable in its social metrics. For example, their X (Twitter) account has been losing followers over the past six months. However, the number of followers started…

Kaspa and Zcash are gaining traction in the crypto market, with upside potential on the horizon. According to ChangeNOW, coins such as Monero, Litecoin, and Kaspa are seeing an increase in trading. ChangeNOW’s increased activity suggests that investors keen on security and anonymity are starting to accumulate these coins in anticipation of future growth. Monero gains momentum as bulls target key resistance levels The price of Monero has been rising, hovering between $143 and $154. It’s up more than 5% over the past week, showing a strong upward trend. The next hurdle for buyers is the $160 resistance level. If…

The Hashdex research team reported that the market power of stablecoins increased by 3% in the third quarter of 2024. Two of the most well-known fiat-backed dollar stablecoins, USDT and USDC, increased their market share by 1% and 5%, respectively. .While PayPal’s PYUSD wasn’t as dominant as USDT or USDC, it did grow an impressive 57% in dominance over the same period.The first financial technology company to issue a USD-backed stablecoin was PayPal, which launched it in August last year. Paxos Trust Company issues PYUSD fully backed by US dollar reserves such as government bonds and cash equivalents. It can…

Over the past month, Ethereum’s price has shown resilience, spiking intermittently due to institutional adoption, Layer 2 innovation, and developments in the DeFi sector. Analysts predict that Ethereum could reach the $3,000 level by the end of the fourth quarter. Shiba Inu’s burn rate also recorded a significant increase of over 14,575%, with 279 million SHIB tokens removed from circulation, boosting SHIB’s price performance, which is already recording over 34% monthly appreciation. Meanwhile, Cutushi continues to attract investors with its unique features. This Ethereum-based utility token has already generated significant profits, with early investors enjoying a 46% ROI. This meme…

Two important moving averages are plotted on the chart: the 50-day exponential moving average (EMA) and the 200-day EMA. These are widely used to identify long-term and short-term trends.50-day EMA (white line): Currently at $0.1105, this line suggests short-term support. Prices are trading above this average, indicating that buyers are stepping in to prevent further declines. As long as prices remain above this level, the near-term outlook remains moderately bullish.200-day EMA (yellow line): The 200-day EMA, located at $0.1169, represents an important long-term support level. The recent price has been above this average, which is a bullish signal. If Dogecoin…

DeFa simplifies decentralized finance by providing a single-asset liquidity pool and mitigating the risks of traditional DeFi platforms through IOTA integration. Integration with IOTA also eliminates transaction fees, increasing efficiency and reducing costs for businesses and investors. In the latest development, innovative decentralized factoring platform DeFa Primitive has officially joined the much-lauded IOTA grant program. DeFa is transforming the way businesses access liquidity by leveraging blockchain technology and invoice tokenization. DeFa (Decentralized Factoring) is a new Web3 product recently launched by InvoiceMate that aims to bring real-world finance to the DeFi space. It also establishes a stable and secure alternative…

Disclosure: This article does not represent investment advice. The content and materials published on this page are for educational purposes only. Solana, XRP, and Rollblock are among the top altcoins to keep an eye on. Roll Block’s pre-sale at $0.0315 is attracting investors looking for a 50x return. We all know that the top altcoins are always changing, but right now Solana, XRP, and Rollblock look like solid investments. Each of these coins has a special appeal that many investors are starting to take notice of. As the market changes, XRP news has arrived indicating big changes soon. But no…

Bitwise Chief Investment Officer Matt Hogan has revealed the catalyst he believes will propel Bitcoin (BTC) above $100,000. Hogan said on social media platform X that macroeconomic conditions and on-chain data seem to suggest Bitcoin is poised to spark a massive rally. Major central banks are adopting accommodative monetary policies as the supply of bitcoin dwindles after this year’s halving event cut BTC miners’ rewards in half, according to a Bitwise executive. “We are heading towards six-digit Bitcoin. *ETF flows re-accelerate* Elections are coming* Infinite deficit (bipartisan agreement!)*China’s economic stimulus measures* Global interest rate cuts (FRB, ECB)* Supply shocks are…