Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
Bitcoin may be experiencing a price recovery towards the $57,000 level after a sharp 20% drop on Monday that sent the largest cryptocurrency on the market to a low of $49,000 not seen since February. Still, BTC is not out of the woods yet, as a concerning pattern has emerged on its 10-day chart. Analysts Spot Bearish Signals According to technical analyst Ali Martinez, Bitcoin is forming a rising wedge pattern, a bearish continuation pattern often linked to further downtrends. While BTC may climb as high as $57,000 at the upper boundary of the wedge, Martinez warns that investors should look for a potential breakdown that could pull the cryptocurrency back down to around $51,000. Related Reading: UNI Price Bounces Back 13% Above $5.6, Can Bulls Maintain Control? Martinez also highlighted that one of Bitcoin’s key support levels, based on its market value to realized value (MVRV) pricing bands, is currently at the $54,000 mark. This level is crucial in preventing a more substantial drop towards the $40,000 region. Conversely, if the $54,000 support holds, the analyst sees the key resistance on the upside at $67,000. Another analyst, Rekt Capital, has also observed that Bitcoin is showing signs of attempting to recover and fill the new CME gap above with the currency’s current price recovery of 4.5% recorded in the last hours, which ranges from $59,400 to $62,550. However, the analyst noted that a smaller CME gap has formed at a slightly lower level, between $53,700 and $54,600, which any short-term dip in the market could potentially fill. Reasons For Optimism In Bitcoin Market Amidst these bearish technical indicators, there is a glimmer of optimism, as according to Ki Young Ju, the founder and CEO of market analysis firm CryptoQuant, several key metrics suggest that the bull market remains intact despite the recent pullback. According to Ju, one of the key signs is the recovery in Bitcoin’s hashrate, a measure of the computing power dedicated to the network. Ju contends that miner capitulation is nearly over, with the hashrate nearing all-time highs. This is significant, as US mining costs are approximately $43,000 per BTC, indicating that the hashrate will likely remain stable unless prices dip below this level. Additionally, Ju has observed significant inflows of Bitcoin into custody wallets, indicating that large institutional investors, or “whales,” are actively accumulating digital assets. The analyst noted that Permanent Holder addresses, which hold their Bitcoin for over 3 years, have increased by 404,000 BTC, including 40,000 BTC in US spot Bitcoin exchange-traded funds (ETFs) over the past 30 days. Related Reading: XRP Whales Take Advantage Of 20% Drop To Buy Millions Worth Of Tokens In contrast to the increased whale activity, Ju has observed a relative absence of retail investors, similar to the market conditions in mid-2020. This could be interpreted as a positive sign, as it indicates that the current price movements are not driven by speculative froth but rather by institutional investors’ strategic accumulation of Bitcoin. Lastly, Ju noted a reduction in the selling pressure from long-term Bitcoin holders, or “old whales,” who sold their holdings to new whales between March and June. The analyst believes that the lack of significant selling pressure from these experienced investors is a bullish signal, as it suggests that a new generation of institutional players is now shaping the market with a more long-term outlook. At the time of writing, BTC is struggling to break above its current price level of $56,670 while trimming losses in larger time frames, which amounted to 13% last week. Featured image from DALL-E, chart from TradingView.com
Binance, one of the largest crypto exchanges in the world, is facing regulatory scrutiny again. The exchange has been slammed with a show-cause notice from India’s Directorate General of GST Intelligence (DGGI) two months after paying a $2 million fine to the Financial Intelligence Unit (FIU). The notice demands over $80 million from the crypto […]
A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point.
The Standard Chartered subsidiary says it's the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers.
Bitcoin has gone through a major crash recently, but has the asset yet breached the historical bear market boundary? Here’s what on-chain data says. Bitcoin Is Currently Under Realized Price Of New Whales In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed what the Realized Price of different key groups in the Bitcoin market is looking like right now. Related Reading: Bitcoin MVRV Lowest Since FTX Crash, Signal To Buy The “Realized Price” here refers to an indicator that keeps track of the average cost basis or acquisition price that the investors of a given group currently share. When the asset’s spot price is above this metric, it means the cohort as a whole can be considered to be in a state of profit. On the other hand, BTC’s value under the indicator suggests the average group member is holding a net loss. Now, here is a chart that shows the trend in the Realized Price for some major cohorts on the Bitcoin network: The first Bitcoin cohort listed here is the “New Whales,” which include the large investors (more than 1,000 BTC in holdings) who bought their coins within the past 155 days. The likes of the spot exchange-traded funds (ETFs) and other custody wallets would be included in this category. This group currently has a Realized Price of $65,000, meaning that these whales would be in notable losses after the latest cryptocurrency crash. The next group, the Binance Traders, has a cost basis of $55,000, around where the asset’s spot price is trading. Thus, these investors would currently be just breaking even on their investments. Bitcoin still holds a distance above the Realized Price of the third group, the Miner Whales, at $45,000. As the CryptoQuant founder has pointed out, BTC dipping below this level has historically confirmed a bear market for the coin. From the chart, it’s visible that the asset last saw major breaches of the level back in November 2018 and May 2022. It also saw a temporary break during the COVID crash in March 2020. Related Reading: Crypto Liquidations Cross $1 Billion As Bitcoin Crashes To $51,000 As the latest crash has been unable to take Bitcoin below this cost basis of the mining companies, it’s possible that a transition towards a bear market hasn’t happened yet. The last cohort in the chart is the Long-Term Holder Whales, which includes the whales that have been holding for more than 155 days. The Realized Price of this group has never been breached in the coin’s entire history and currently trades around $22,000. BTC Price Bitcoin has recovered over the past day as its price has gone up 7% to reclaim the $55,000 mark. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
After opening the week on a bearish note, Bitcoin (BTC) led the altcoin industry in a general rebound in the past 48 hours. The flagship coin rallied around 2 percent in the past 24 hours to reach a daily high of about $57,267. Consequently, the total crypto market cap rallied around 3 percent to reach …
Amid the increasing talks around emergency rate cuts and a recovery in the US and global markets, Bitcoin is back above $57K. As the crypto market leader bounces back, the meme coins are quick to capitalize on the bullish sentiment. Amid the recovery, MEW, POPCAT & BONK are the top performing meme coins with massive …
Bitcoin’s Price recovered over 13% to $49,557 after a big slump. The Crypto Fear and Greed Index reached “Extreme Fear” for the first time in two years, and U.S. spot Bitcoin ETFs lost $168.4 million. The market sentiment indicator dropped to 17 out of 100 on August 5, its lowest since July 12. The Japan …
BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days.
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.
At least 175 people claim they engaged Coin Dispute Network to help them recover funds but never saw a single cent returned.
Singaporean investors have recently experienced a notable crypto scheme that resulted in the siphoning of their assets, totaling roughly $1.1 million. This scheme, which was a fraud all along, highlights the risks associated with investing in seemingly lucrative cryptocurrency ventures. Related Reading: Crypto Fraud Dismantled: Hong Kong Cops Bust $1.4 Million Syndicate The Misuse OF […]
Solana started a decent upward move from the $110 zone. SOL price is rising and might increase further above the $155 resistance zone. SOL price started a recovery wave above the $135 and $140 levels against the US Dollar. The price is now trading above $145 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start another increase if it clears the $155 resistance zone. Solana Price Recovers 15% Solana price declined heavily below the $165 and $150 levels like Bitcoin and Ethereum. It even traded below the $120 support before the bulls appeared. A low was formed at $109 and SOL recently started a recovery wave. There was a move above the $120 and $135 resistance levels. The price climbed above the 50% Fib retracement level of the downward move from the $184 swing high to the $109 low. Besides, there was a break above a key bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair. Solana is now trading above $145 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $155 level. It is close to the 61.8% Fib retracement level of the downward move from the $184 swing high to the $109 low. The next major resistance is near the $166 level. A successful close above the $166 resistance could set the pace for another steady increase. The next key resistance is near $184. Any more gains might send the price toward the $195 level. Another Decline in SOL? If SOL fails to rise above the $155 resistance, it could start another decline. Initial support on the downside is near the $140 level. The first major support is near the $135 level. A break below the $135 level might send the price toward $122. If there is a close below the $122 support, the price could decline toward the $110 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $140 and $135. Major Resistance Levels – $155 and $166.
The cryptocurrency market has made a bullish recovery by adding approximately 2% in valuation within the past 24 hours. This resulted in it surpassing the market capitalization of $2 Trillion. Moreover, the market leader, Bitcoin price has recorded a jump of 2.56% with a trading volume of $47.848 Billion, a change of -49.53%. On the …
Harris has tapped Binance alumni David Plouffe and former Treasury Department official Brian Nelson as advisors.
Bitcoin has led a global crypto market downturn in the past few days, with the asset down to as low as $49,751 on August 5. This significant plunge from Bitcoin has been attributed by many to the downturn in the Japanese markets. The Trigger in Japan Speaking on the crash, Nassim Nicholas Taleb, a risk analyst, author of “The Black Swan” and a well-known Bitcoin detractor, sheds light on the origins of the recent market disruptions that have rippled through to cryptocurrencies. Related Reading: Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel On Monday, the Japanese stock market fell severely, dropping by more than 10%. The report said this plunge came “amid risk from a stronger yen, tighter monetary policy, and concern over the US recession.” The narrative begins with Japan’s economic policies, where after maintaining zero interest rates for an unprecedented thirty-three years coupled with nearly two and a half decades of quantitative easing, the Bank of Japan (BOJ) found itself cornered into a position where adjustments seemed inevitable. The abrupt decision by the BOJ to raise interest rates led to a sharp downturn in the Nikkei 225, a major stock index, which in turn sent shockwaves across global markets, including the cryptocurrency sector. According to Taleb, this sharp pivot in policy was a long time coming, as the artificial suppression of interest rates and excessive liquidity injection often come with hefty long-term costs. The Japanese approach, often hailed as a successful quantitative easing model, now faces critical scrutiny as it appears the bill for years of economic manipulation is due. Taleb particularly noted in the post on X: Nearly 33 years of (near) Zero Interest Rates (ZIRP) and 23 years of Quantitative Easing come at a price you eventually must pay. (Japan was always mentioned by the QE fools as a place where the strategy worked). Is Bitcoin Safe? Bitcoin dipped to a 7-month low during the global market plunge, dropping below $50,000. This fall impacted the crypto market so much that the total liquidations surpassed $1 billion. Given this significant negative impact attributed to the plunge in the Japanese market, some might question if Bitcoin is still safe, especially as a safe haven. However, it is worth noting that Bitcoin has since proved to be a digital asset worth considering as a safe haven when it comes to times like this. In March 2023, when major banks in the US were collapsing, Bitcoin saw a rise to as high as $29,000—a notable increase from its lowest levels below $20,000 that month. Besides, it is also worth noting that not only Bitcoin was a victim of the impact of this Japanese market crash, as several other major crypto assets, including Ethereum and Solana, experienced a drastic fall. For context, Ethereum fell as low as $2,197—a low not seen since January of this year; Solana also bore the brunt, dipping to $110. Aside from these major cryptocurrencies, traditional assets also received their share of impact, with Nvidia, Tesla, and Apple falling at least 4%. Related Reading: Investors Pull Back: $528 Million Vanishes From Crypto Funds Amid Economic Fear This shows that the recent crash didn’t suggest that Bitcoin was unsafe enough; instead, it reveals its correlation to changes in the global economic sector. Featured image created with DALL-E, Chart from TradingView
XRP price started a recovery wave above the $0.4880 resistance. The price could gain bullish momentum if it clears the $0.5220 resistance. XRP price started a decent recovery wave above the $0.4750 and $0.4880 levels. The price is now trading below $0.5220 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.5040 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to recover higher if it clears the $0.5220 resistance zone. XRP Price Regains Strength XRP price formed a base above $0.4320 and started a recovery wave like Ethereum and Bitcoin. The price was able to surpass the $0.4750 and $0.4880 resistance levels. There was a move above the 50% Fib retracement level of the downward move from the $0.5767 swing high to the $0.4320 low. Besides, there was a break above a key bearish trend line with resistance at $0.5040 on the hourly chart of the XRP/USD pair. However, the price is facing hurdles near the $0.5200 zone. It is still trading below $0.520 and the 100-hourly Simple Moving Average. On the upside, the price is facing hurdles near the $0.5220 level and the 100-hourly Simple Moving Average. It is close to the 61.8% Fib retracement level of the downward move from the $0.5767 swing high to the $0.4320 low. The first major resistance is near the $0.5420 level. The next key resistance could be $0.5750. A clear move above the $0.5750 resistance might send the price toward the $0.5840 resistance. The next major resistance is near the $0.5920 level. Any more gains might send the price toward the $0.600 resistance or even $0.6120 in the near term. Another Drop? If XRP fails to clear the $0.5220 resistance zone, it could start another decline. Initial support on the downside is near the $0.4980 level. The next major support is at $0.4880. If there is a downside break and a close below the $0.4880 level, the price might continue to decline toward the $0.4660 support in the near term. The next major support sits at $0.4500. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $0.4980 and $0.4880. Major Resistance Levels – $0.5220 and $0.5420.
Bitcoin’s volatility index reached its highest level in 20 months, but traders aren't too sure if there's more pain ahead.
While Bitcoin and top altcoins are stable at press time, the sharp liquidation from the weekend to August 5 led to a major shakeout. Billions of leveraged positions were liquidated, and prices are technically under pressure despite the current stability. Global Liquidity Set To Rapidly Rise: Will Bitcoin Benefit? Still, even with the risks of […]
On-chain activity suggests that Bitcoin whales have been accumulating over the past month amid a market slump.
ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours.
Record low outflows from Grayscale Ethereum ETF may signal market stabilization, potentially leading to price recovery and renewed investor confidence.
The post Grayscale Ethereum ETF outflows hit record low of nearly $40 million appeared first on Crypto Briefing.
Chainlink (LINK) has made a sharp 20% recovery from the crash during the past day, as the network has seen a spike in address activity. Chainlink Has Returned Above $9.8 After Recovery Rally The cryptocurrency sector had opened the week with a sharp crash, and Chainlink was no exception, as its price had slammed down towards the $8 level after being above the $11 mark during the weekend. Related Reading: Bitcoin MVRV Lowest Since FTX Crash, Signal To Buy? In the past day, the market has seen some respite, but LINK has particularly stood out with a surge of almost 20%, which has taken its price back above $9.8. The below chart shows what the recent trend in the asset has looked like. Out of the top 20 coins by market cap, only Solana (SOL) and Shiba Inu (INU) rival Chainlink in returns over the last 24 hours. Despite the big jump, though, LINK is still nowhere near making a full recovery from the recent downturn. Nonetheless, the surge would still provide some hope to its investors. As for the cause behind this recovery rally, perhaps on-chain data could provide some hints. LINK Daily Active Addresses Has Hit Highest Levels Since May According to data from the market intelligence platform IntoTheBlock, the LINK network has recently seen a surge in Daily Active Addresses. The “Daily Active Addresses” here refers to an on-chain indicator that keeps track of the number of Chainlink addresses participating in some transaction activity daily. The metric naturally includes both senders and receivers. The unique number of active addresses on the blockchain can be considered the same as the unique number of users participating in the network activity, so the indicator’s value tells us about the amount of traffic LINK is receiving right now. When the metric’s value is high, it means a large number of addresses are making moves on the network. Such a trend implies that interest in the asset is high among investors. On the other hand, the low indicator suggests that few are paying attention to cryptocurrency as there isn’t much trading activity on the chain. Now, here is a chart that shows the trend in the Daily Active Addresses for Chainlink over the past few months: The graph shows that Chainlink saw a sharp surge in its Daily Active Addresses alongside the crash, implying that many users became active to make some transfers. Such a trend isn’t unusual during periods of volatility, with the activity usually corresponding to panic from the investors. This time around, however, things may have been different. Related Reading: Crypto Liquidations Cross $1 Billion As Bitcoin Crashes To $51,000 “Interestingly, this surge occurred alongside a general outflow from exchanges, suggesting accumulation during yesterday’s troubled market,” notes IntoTheBlock. With the latest spike, the Chainlink Daily Active Addresses has reached the highest level since May. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
Ethereum price started a recovery wave above the $2,350 resistance zone. ETH could gain bullish momentum if it clears the $2,680 resistance zone. Ethereum started a recovery wave above the $2,350 and $2,420 levels. The price is trading below $2,640 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it clears the $2,680 resistance zone. Ethereum Price Aims Higher Ground Ethereum price started a recovery wave after a nasty spike below the $2,000 level. ETH climbed above the $2,200 and $2,250 resistance levels like Bitcoin above $65,000. There was a move above the 50% Fib retracement level of the downward wave from the $2,920 swing high to the $1,910 swing low. Moreover, there is also a connecting bullish trend line forming with support at $2,440 on the hourly chart of ETH/USD. However, the bears are active near the $2,540 and $2,550 levels. Ethereum price is still trading below $2,650 and the 100-hourly Simple Moving Average. On the upside, the price is facing hurdles near the $2,540 level and the 61.8% Fib retracement level of the downward wave from the $2,920 swing high to the $1,910 swing low. The first major resistance is near the $2,680 level and the 100-hourly Simple Moving Average. The next major hurdle is near the $2,720 level. A close above the $2,720 level might send Ether toward the $2,860 resistance. The next key resistance is near $2,920. An upside break above the $2,920 resistance might send the price higher toward the $3,000 resistance zone in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,540 resistance, it could start another decline. Initial support on the downside is near $2,440 and the trend line zone. The first major support sits near the $2,365 zone. A clear move below the $2,365 support might push the price toward $2,250. Any more losses might send the price toward the $2,120 support level in the near term. The next key support sits at $2,050. 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 – $2,365 Major Resistance Level – $2,540
Bitcoin price started a recovery wave above the $55,000 resistance. BTC must clear the 100 hourly SMA to continue higher in the near term. Bitcoin started a recovery wave above the $53,500 and $55,500 levels. The price is trading below $58,000 and the 100 hourly Simple moving average. There is a contracting triangle forming with resistance at $57,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might struggle to clear the $58,000 resistance zone. Bitcoin Price Gains Over 85 Bitcoin price formed a base and started a recovery wave above the $52,500 resistance zone. BTC was able to clear the $53,500 and $55,500 resistance levels. There was a move above the 61.8% Fib retracement level of the downward wave from the $61,040 swing high to the $49,110 swing low. The bulls even managed to push the price above the $56,500 resistance zone. However, the bears might remain active near $58,000. Bitcoin price is still trading below $58,000 and the 100 hourly Simple moving average. On the upside, the price could face resistance near the $57,500 level. There is also a contracting triangle forming with resistance at $57,500 on the hourly chart of the BTC/USD pair. The first key resistance is near the $58,250 level or the 76.4% Fib retracement level of the downward wave from the $61,040 swing high to the $49,110 swing low. A clear move above the $58,250 resistance might send the price further higher in the coming sessions. The next key resistance could be $59,200. The next major hurdle sits at $60,000. A close above the $60,000 resistance might spark bullish moves. In the stated case, the price could rise and test the $62,000 resistance. Another Drop In BTC? If Bitcoin fails to recover above the $58,250 resistance zone, it could start another decline. Immediate support on the downside is near the $56,000 level. The first major support is $55,000. The next support is now near $53,500. Any more losses might send the price toward the $52,000 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $56,000, followed by $55,000. Major Resistance Levels – $57,500, and $58,250.
A crypto analyst has pointed out a notable divergence in the performance of Bitcoin (BTC) and Ethereum (ETH). The analyst has noted signs of weakness in Ethereum compared to Bitcoin, predicting that BTC is likely to experience a faster recovery than ETH. Technical Analysis Highlights BTC’s Strong Recovery In an X (formerly Twitter) post on […]
The metric that tracks the value of one Solana token to one Ether token has reached a new all-time high following a brutal market-wide sell-off earlier this week.
In the aftermath of a tumultuous week that saw Bitcoin (BTC) plummet to a seven-month low of $49,000 on Monday, global financial markets were rattled by a significant downturn, sparking concerns across stock exchanges and the crypto sphere. However, amid the chaos, Bitwise’s Chief Investment Officer Matt Hougan analyzed the drivers behind the recent market meltdown. He explained why he believes traders’ fears may be misplaced and that the market dip holds key opportunities for potential Bitcoin price appreciation. Crypto Crash Or Opportunity? In a recent note to investors, Hougan pointed to the broader market chaos, including a 12% single-day crash in Japan’s Nikkei index and a 4% tumble in Nasdaq futures, sparking the crypto selloff. He drew parallels to the market turmoil seen at the onset of the COVID-19 pandemic in March 2020, when Bitcoin crashed 37% in a single day. “It felt as if we might never recover. The media claimed Bitcoin had failed its test as a hedge asset,” Hougan recalled. However, he noted that in the year following that crash, Bitcoin surged over 1,000% to new record highs of $57,322. Hougan believes a similar dynamic could play out this time, arguing that Bitcoin’s fundamental case remains intact, regardless of short-term price volatility. Related Reading: UNI Price Bounces Back 13% Above $5.6, Can Bulls Maintain Control? “Nothing fundamental had changed about Bitcoin because of Covid,” Hougan said. “The maximum number of Bitcoin that could exist (21 million) was the same on March 11 as on March 12. You didn’t need to rely on any bank, government, or company to store wealth in Bitcoin on March 11, which was still true on March 12.” Moreover, Hougan contends that the factors that propelled Bitcoin’s rise during the pandemic – the expansion of central bank intervention, the limitations of centralized institutions, and the growing digitization of the economy – are still in play today. Will Bitcoin Emerge Stronger? Hougan also acknowledged in his remarks the near-term uncertainty, noting that it remains unclear whether the crypto market has found its bottom yet. He pointed to the potential for further deleveraging and contagion risk among crypto firms as key monitoring factors. However, the Bitwise CIO urged investors to look past the short-term noise and focus on Bitcoin’s long-term trajectory. He warned against the temptation of market timing, reminding readers that “the four most expensive words in finance are ‘this time it’s different.'” Historically, Hougan said, crypto has tended to trade lower initially during periods of broader economic panic, only to end up higher over the following 12 months. He expressed confidence that the current market meltdown will be no exception and that Bitcoin will emerge stronger from the turmoil. “In fact, I’m betting the other way,” Hougan concluded. “Resist the urge to look at intraday prices, and focus instead on where Bitcoin could be next year, in five years, and in ten years.” Related Reading: Helium (HNT) Stays Afloat With 31% Gains Amid Crypto Market Mayhem When writing, the largest cryptocurrency on the market has climbed back to the $56,300 level, surging 4.5% in the last 24 hours. Featured image from DALL-E, chart from TradingView.com
Rust is also becoming an increasingly popular programming language for blockchain firms building “performant distributed systems,” says CryptoJobsList CEO.