LMWR has surged 62.13% in the last 24 hours. Market indicators suggest that LimeWire remains undervalued. LimeWire (LMWR) has posted a strong rally since hitting a local low of $0.1707 a week ago, reaching a five-month high of $0.47. However, following this price surge, a market correction occurred. In fact, as I write this, LimeWire is trading at $0.3975. This is an increase of 62.13% over the last 24 hours. During the same period, altcoin trading volume surged 672.12% to $56.92 million, and market capitalization surged 51% to $114.42 million. Likewise, it rose 103.46% and 226.74% on the weekly and…
Author: Crypto Flexs
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Ho Chi Minh City, Vietnam, December 2, 2024, Chainwire Ancient8 has received major grants from: Optimism Governance FundIt’s an important step forward in our mission to shape the future of Web3 gaming. As a proud member of Superchain, Ancient8 is eager to take accelerated steps toward building a robust and innovative ecosystem of developers, gamers, and creators by leveraging the interoperability that Superchain provides. This collaboration with Optimism highlights our shared goal of creating scalable, decentralized, and user-friendly solutions. With the Ancient8 Layer2 chain proudly built on Superchain, we are fully integrated with Optimism’s infrastructure and are well-positioned to leverage…
Black Friday is over and December has begun in earnest. It is now socially acceptable to be crazy about Christmas. Unlike those of you who hang up stockings on November 1st (I can see, I don’t approve). Now that it’s finally time to embrace your sparkly cheer and irrational urge to bake cookies for the imaginary man who broke into your home, why not play Coin Gobbler: Christmas Edition slot? I won’t lie, I’m pretty worried – Santa’s beard is gone – maybe he’s having a midlife crisis (or whatever you want to call it at 1,700). I’m nervous, but…
Last January, WisdomTree, one of the first companies to issue a spot Bitcoin exchange-traded fund (ETF) in the United States, applied to launch a spot ETF backed by XRP.On December 2, WisdomTree became the fourth company in the United States to file a Form S-1 for a spot XRP (XRP) ETF with the Securities and Exchange Commission.XRP ETF observations from Bloomberg ETF analyst Eric Balchunas. Source: Eric Balchunas/Eleanor TerretWisdomTree’s new ETF, the WisdomTree XRP Fund, aims to provide investors with exposure to the XRP price through the issuance of shares that will be listed on the Cboe BZX Exchange.Subject to…
Cryptocurrency markets are heading into the long-awaited altseason, which could bring great excitement to speculative traders, but according to a prominent market analyst, the deciding factors may have been different. “Stablecoin liquidity” to determine next alt season The cryptocurrency market is changing, with cyclical indicators, market structures, and trading patterns changing rapidly. “Altseason is no longer defined by Bitcoin’s asset cycle,” CryptoQuant CEO Joo Ki-young wrote in a December 2 post on X. According to Young JU, the traditional signal signaling the start of altcoin season, when capital moves from Bitcoin (BTC) to altcoins, is outdated. Instead, there was more…
Hong Kong, Hong Kong, December 2, 2024, Chainwire Stablecoin infrastructure project usdx.money announced that it has raised $45 million in its latest funding round. This round valued the project at $275 million. Investors in this round are: NGC, BAI Capital, Generative Ventures and UOB Venture Management; Part of the investment is in the form of warrants. Existing investors include: Dragonfly Capital and Generation Capital. usdx.money aims to build next-generation stablecoin infrastructure with USDX as its first stablecoin product. Following a successful funding round, usdx.money is accelerating its ecosystem efforts to increase USDX adoption with a focus on: USDX liquidity: Bootstrapping…
The recent cryptocurrency bull market has reignited excitement across markets. In particular, the peak of Bitcoin dominance has paved the way for altcoins to shine. Over the past month, several sectors have seen impressive gains, demonstrating the diversity and dynamism of the cryptocurrency ecosystem. Cryptocurrency markets experienced a resurgence in November as Bitcoin dominance reached its peak, allowing altcoins to take center stage. The rally saw outstanding growth across a variety of cryptocurrency sectors, with key trends emerging in Metaverse tokens, meme coins, and layer 1 protocols.Metaverse and gaming tokens took the lead, surging 89.78% last month. According to leading…
As digital assets advance, businesses are increasingly choosing cryptocurrency as a payment solution. However, deciding which crypto asset is ideal for payments can be difficult. This is especially true when balancing stability, accessibility, and potential growth. Among the popular options are altcoins and stablecoins, each of which presents unique benefits and challenges in the world of digital payments. This article explores these two categories to help businesses determine which best meets their operational and strategic needs in cryptocurrency e-commerce.The Rise of Altcoins: Opportunities and RisksAltcoins, cryptocurrencies other than Bitcoin, are transforming the digital financial landscape, offering new possibilities and targeting…
TLDR Bitcoin surged 37-39% in November 2024, reaching nearly $100,000. Historical data suggests December gains in election years range from 30-46%. Foreign exchange reserves are declining rapidly while ETF inflows exceed $31 billion. Analysts predict a potential price target of between $115,000 and $141,000 by the end of the year. Long-term holders remain steady, contributing to supply constraints The price of Bitcoin surged as high as $96,922 in early December trading, following a strong performance in November where it rose 37.3%. According to recent market data, the total market capitalization of cryptocurrencies currently stands at $1.918 trillion. The upward momentum…
Crypto analyst Tony Severino said Litecoin is expected to issue XRP soon, suggesting the coin could soon enjoy a parabolic rally. The analyst cited bullish indicators on the LTC chart, which showed that the cryptocurrency could witness such a parabolic rally. Litecoin is planning to launch XRP. Here’s why: In the X post, Tony Severino pointed out that Litecoin will soon mint This means that LTC has undergone the necessary price correction and is now well-poised for a bullish reversal. The analyst’s accompanying chart showed that a bullish sentiment is already forming for the cryptocurrency on the monthly chart. Severino…