Avalanche (AVAX) has been on a bearish trend in the last 4 hours before support was established at the intra-day low of $52.60. However, bullish momentum nullified the bearish rally, soaring the price to an intra-day high of $54.61 before facing resistance. At press time, AVAX was trading at $54.24, a 0.82% surge from the support level. Moreover, during the rally, AVAX’s market capitalization and 24-hour trading volume surged by 0.85% and 1.56% to $20,482,469,892 and $453,596,417, respectively. AVAX/USD 24-hour price chart (source: CoinMarketCap) AVAX Faces Resistance Amidst Bearish Momentum Despite the recent surge in price, Avalanche (AVAX) is encountering…

The Recent Toncoin price analysis reveals a significant rally in Toncoin (TON), with an 80% price increase over the past month. This bullish run has escalated TON’s market cap by $8 billion, hitting a substantial $17.2 billion. Yet, a closer look at the trading volumes indicates a potential waning of trader interest, seen in a 68% decrease within four days – a drop from $445 million to $173,975,665. Despite the decline in volume, TON shows resilience as it trades around $5.20, a remarkable 5.17% in the last 24 hours.Toncoin has maked a significant price pump from the beginning of the…

The Solana blockchain’s native cryptocurrency SOL has been on a remarkable uptrend in recent weeks, rallying over 6.68% in the last 24 hours alone. At the time of writing, SOL is trading at $196.07 per coin, according to data from CoinMarketCap. SOL Data Chart (CoinMarketCap) SOL’s latest price surge has propelled its market capitalization higher to $87.13 billion, cementing its position as the fifth-largest crypto by market cap. The high-throughput blockchain’s trading volume has also spiked 25.92% over the past 24 hours to $3.58 billion as of writing, ranking it as the sixth-most traded cryptocurrency. Market analysts point to…

Bitcoin (BTC) has witnessed a surge this week, reversing the bearish trend of the past two weeks. According to the latest data, Bitcoin is currently trading at $69,975.37, up 9% over the past seven days, although slightly up by 0.05% in the last 24 hours as of writing. BTC Data Chart (CoinMarketCap) With a market capitalization of over $1.37 trillion, Bitcoin reigns supreme as the number one cryptocurrency. Its 24-hour trading volume stands at $23.9 billion. The circulating supply of Bitcoin is currently 19,668,268 BTC, close to the total supply, which is at 21,000,000 BTC. Weekly Technical Analysis: Bullish Momentum…

Explore the essential steps and strategies for creating DApps in 2024 Decentralized applications (DApps) have gained significant traction in recent years, offering innovative solutions across various industries. As blockchain technology continues to evolve, developers are presented with new opportunities to create DApps that are secure, transparent, and decentralized. In this article, we’ll delve into the essential steps and strategies for creating DApps in 2024, exploring the key considerations, development processes, and best practices to help developers build successful decentralized applications. Understanding DApps DApps are software applications that run on decentralized networks, such as blockchain platforms like Ethereum, Binance Smart Chain,…

Exploring the Best ChatGPT Crypto Prompts to Enhance Your Knowledge ChatGPT, powered by OpenAI, offers a valuable resource for accessing information and engaging in discussions related to cryptocurrencies. In this article, we’ll explore some of the best ChatGPT crypto prompts tailored to the particular space, covering a range of topics to help you deepen your understanding and stay ahead in the dynamic crypto landscape. Understanding Cryptocurrency Basics Prompt: “Explain the concept of cryptocurrency and how it works.” Description: This prompt is perfect for beginners looking to grasp the fundamental concepts of cryptocurrencies, including blockchain technology, decentralization, and digital currencies like…

BNB, the flagship cryptocurrency of the world’s leading exchange, has experienced a significant upswing, surpassing the $600 threshold. The latest price point for BNB is at $613, marking a modest yet notable increase of 4.45% over the last 24 hours. This uptrend underscores a wave of optimism sweeping through the cryptocurrency market. In the previous week, BNB’s trading pattern was characterized by significant swings, with its value oscillating between $535 and $615. The tug-of-war between buyers and sellers showcased the dynamic nature of its market presence.  Despite these fluctuations, the latter part of the week saw BNB climbing towards…

The Indian stock market continued its upward trajectory, with both the SENSEX and NIFTY 50 scaling new peaks. The benchmark SENSEX at the time of writing was trading at 73,651.35, up 655.04 points, 0.90%, while the NIFTY 50 was trading at 22,123, gaining 0.92%. The market’s optimism was fueled by robust corporate earnings, sustained foreign inflows and a positive global cue. SENSEX and NIFTY 50 The SENSEX opened strong at 73,149.34, breaching its previous day’s close of 72,996.31. The index has witnessed an intraday high of 74,190.31 and a low of 73,120.33 as of writing. The index records a…

Ethereum (ETH), the second-largest cryptocurrency by market cap, is currently experiencing a period of consolidation.ETH’s today’s price movements show the asset hovering around $3,542.53. Despite significant interest from institutional players and the filing of a spot Ethereum ETF by Bitwise Asset Management with the SEC, Ethereum’s price is witnessing a tight trading range, suggesting investor caution at current levels. ETH Market at a Crossroads On the daily chart, Ethereum (ETH) appears to be at a critical juncture, trading around $3542.1 after a notable uptrend. The price is now hovering near the Fibonacci retracement level of 0.382, at $3511.9, which…

BNB, the flagship cryptocurrency of the world’s leading exchange, has experienced a significant upswing, surpassing the $600 threshold. The latest price point for BNB is at $613, marking a modest yet notable increase of 4.45% over the last 24 hours. This uptrend underscores a wave of optimism sweeping through the cryptocurrency market. In the previous week, BNB’s trading pattern was characterized by significant swings, with its value oscillating between $535 and $615. The tug-of-war between buyers and sellers showcased the dynamic nature of its market presence.  Despite these fluctuations, the latter part of the week saw BNB climbing towards the…