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BTC at $97K, XRP Jumps 28%, HBAR Surges 44%

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Today’s crypto prices showcase a strong bullish trend, with Bitcoin (BTC) maintaining a trading range of $95K-$99K over the past week. XRP recorded an impressive 28% surge in the last 24 hours, while Hedera (HBAR) led the market with a 44% price jump, making it the top gainer. Kaia (KAIA) price followed closely, registering a 40% increase in its price, highlighting a wave of positive momentum across altcoins.

The global crypto market value rose over 3%, reaching $3.49 trillion, while trading volume saw a 10% boost, hitting $170 billion. The Fear and Greed Index now stands at 82, reflecting extreme greed as investors continue to show strong interest. Here’s a quick look at the top cryptocurrencies by market cap and their price movements today, December 2.

Crypto Prices Today: BTC, ETH, SOL, and XRP

Today’s crypto prices highlight XRP as the top gainer among the top 10 cryptocurrencies by market cap, with a 28% surge in the past 24 hours. Bitcoin (BTC) continues to trade within the $95K-$99K range, attempting to break the $100K resistance. Meanwhile, Ethereum (ETH) and Solana (SOL) show modest gains, reflecting a stable yet optimistic market trend.

Bitcoin Price Today

Bitcoin (BTC) price is trading at $97,500, marking a 2% jump in the last 24 hours. The 24-hour low and high are $96,253 and $98,152, respectively. BTC’s market cap is $1.93 trillion, with a trading volume of $37 billion. However, Bitcoin’s market dominance has dipped to 55.40%, reflecting a slight shift in market dynamics.

Ethereum Price Today

Ethereum (ETH) price is trading at $3,751, recording a 2% jump in the last 24 hours. Its 24-hour low and high are $3,679 and $3,761, respectively. With a market cap of $452 billion and a trading volume of $27 billion, Ethereum remains the second most-valued cryptocurrency by market cap. ETH’s market dominance currently stands at 13%.

XRP Price Today

XRP has ascended to become the third-largest cryptocurrency by market cap, surpassing Tether and Solana. It is currently trading at $2.40, reflecting a 28% jump in the last 24 hours. The 24-hour low and high are $1.85 and $2.49, respectively. At press time, XRP’s market cap stands at $137 billion, supported by significant 24-hour trading volume. XRP’s market dominance has increased to 4%, highlighting its growing influence in the crypto market.

Solana Price Today

The crypto prices today show Solana (SOL) trading at $234, down 1% in the last 24 hours. Its 24-hour low and high are $233 and $239, respectively. Solana has been fluctuating between $230 and $260 for the past 15 days. With a market cap of $111 billion, it has slipped to the 5th position among the top 10 cryptocurrencies by market cap. Its 24-hour trading volume is $3.91 billion, and its market dominance stands at 3.19%.

Meme Crypto Prices Today

The crypto prices today show strong bullish momentum in the meme coin market. Dogecoin (DOGE) price is trading at $0.45, marking an 8% increase, with a 24-hour low and high of $0.42 and $0.46, respectively. Similarly, Shiba Inu (SHIB) price is trading at $0.00003108, also reflecting positive price movement.

Other notable meme coins like PEPE, BONK, and WIF have shown gains ranging from 3% to 8% in the past 24 hours. This upward trend indicates a renewed interest in meme coins, as investors continue to explore these cryptocurrencies for potential gains.

Top Crypto Gainer Prices Today

Hedera

Hedera (HBAR) became the top gainer in the last 24 hours, with an impressive 44% increase. HBAR is currently trading at $0.24, with a 24-hour low and high of $0.16 and $0.24, respectively.

CoinGape analysts have projected a potential 192% rally for Hedera, indicating strong bullish expectations for the cryptocurrency. This projected growth reflects growing confidence in Hedera’s future performance in the market.

Kaia

Kaia (KAIA) price became the second top gainer in the past 24 hours, with a significant 40% increase. It is currently trading at $0.28, with a 24-hour low and high of $0.20 and $0.29, respectively. This strong performance highlights growing interest and potential for Kaia in the crypto market.

Top Crypto Loser Prices Today

Core

CORE price is trading at $1.57, reflecting a 12% drop in price in the last 24 hours. Its 24-hour low and high are $1.55 and $1.79, respectively, indicating some fluctuation during the period.

Ethena

Ethena (ENA) price is trading at $0.82, showing a 6% drop over the last 24 hours. Its 24-hour low and high are $0.80 and $0.87, respectively, indicating some volatility during this period.

The crypto prices today show a bearish trend in the hourly chart of Bitcoin (BTC), with a 0.52% drop in price. Major altcoins, except XRP, are also reflecting similar behavior, following BTC’s decline. This overall market trend highlights a short-term correction, even as some coins like XRP continue their upward momentum.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Binance Sidelines Pi Network Again In Vote To List Initiative, Here’s All

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As Binance’s Vote to List initiative kicks off, the exchange has turned its back on Pi Network for the second time. Binance is proceeding with the decentralized listing program but Pi Network is noticeably absent from the raft of cryptocurrencies.

Pi Network Fails To Make Binance List

Pi Network enthusiasts are in limbo following the absence of the token in Binance’s Vote to List initiative. According to a press release, Binance has opened voting for its second Vote to List initiative.

This time, 12 tokens are up for community voting, with Binance proceeding to spot-list successful tokens. Apart from vote count, Binance says it will consider trading demand, a risk assessment, and a compliance check to decide on tokens that will make the listing.

The selected tokens include VIRTUAL, BIGTIME, UXLINK, MORPHO, GRASS, ATH, WAL, SAFE, ZETA, IP, ONDO, and PLUME. While the first focused on memecoin, the second iteration beams a searchlight on utility tokens cutting across several verticals.

Back in March, Binance excluded Pi Network from its first edition of the Vote to List initiative. Binance has clarified that only BNB-based projects will be allowed to participate in the Vote to List initiative, dousing optimism for Pi Network enthusiasts.

When Will Binance List The Asset?

Despite Pi missing out on the Vote to List program, there is still a ray of hope for community members. Binance can list Pi via a direct listing in the future but a timeline is unavailable.

Experts say a lack of transparency by The PiCoreTeam (PCT) is a reason why Binance has not listed Pi Network. Particularly, the exchange took swipes at the PCT for failing to give proper disclosures on the Pi Network’s locking and burning mechanism.

Pi Network secured a major listing on the BTCC Exchange, bringing the token closer to being listed on mainstream exchanges. While a listing hovers on the horizon for Pi, the PCT’s domain auction is gathering steam with over 200,000 bids.

Pi price has been largely underwhelming over the last day, losing nearly 5%. Pi trades at $0.6646 to drop below the $0.7 mark for the first time in over a month.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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First Digital Trust Denies Justin Sun’s Allegations, Claims Full Solvency

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Following a reserve crisis that hit TrueUSD and Justin Sun’s intervention, First Digital Trust denied claims of insolvency. The Trust, at the center of the fiasco, says it is fully solvent while accusing Sun of sensationalism.

First Digital Trust Refutes Allegations Of Insolvency

First Digital Trust has released a statement debunking allegations of financial impropriety and insolvency. According to the statement, First Digital Trust says it is completely solvent while accusing Justin Sun of falsehood.

The Trust has been at the center of a whirlpool of a liquidity crisis involving TrueUSD (TUSD) with Justin Sun stepping in to stabilize the stablecoin with a capital injection. The Tron founder launched a tirade against the Hong Kong-based trust, accusing it of financial mismanagement including unauthorized trade finance loans.

“The recent allegations by Justin Sun against First Digital Trust are completely false,” read the statement.

The Trust disclosed that its FDUSD stablecoin is solvent and backed by US Treasury Bills. Per the statement, the legal dispute surrounding TUSD has nothing to do with FDUSD, accusing Sun of a smear campaign. First Digital Trust says it has not had the opportunity to defend itself in court, accusing Sun of launching social media attacks.

“This is a typical Justin Sun smear campaign to try to attack a competitor to his business,” added First Digital Trust.

Justin Sun Maintains His Stance

Justin Sun remains firm in his resolve that First Digital Trust is insolvent while urging investors to cut ties with FDUSD. He warns that the Trust founder Vincent Chok will face the full wrath of the justice system.

“First Digital Trust (FDT) is in fact insolvent,” said Sun. “If you have any relationship with it, please cut off contact as soon as possible to protect your assets.”

Following his accusations, FDUSD lost its peg and traded at a low of $0.88, a steep drop before crawling to $0.98. The loss of $130 million from its market capital has rattled investors with critics taking swipes over its de-pegging.

The Tron founder has covered every blade of grass in recent days, buying $75M of the Trump memecoin. Last week, Justin Sun weighed in on TRX’s halving proposal, supporting a proposal to mirror Bitcoin’s pattern.

The stablecoin drama comes as the US is inching toward tighter stablecoin regulation with the GENIUS Act and STABLE Act.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Will Cardano Price Bounce Back to $0.70 or Crash to $0.60?

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Cardano price has been facing significant price fluctuations recently, with its value hovering around $0.68 as of April 2025. Traders and investors are watching closely to see whether ADA can bounce back to $0.70 or face further declines towards $0.60. 

Crypto Market Volatility Drives ADA’s Recent Price Action

Over the past few days, Cardano’s price has seen moderate fluctuations. After dipping to a low of $0.663, ADA price briefly rebounded to reach highs of $0.69. Despite these ups and downs, the cryptocurrency closed on the green side, which points to at least some of the buying pressure. 

The price action states that a general bullish trend was seen where most of the cryptocurrencies moved up, then down.

Overall market has remained very unstable and traders have been seen transferring their positions by buying during any falling. Consequently, ADA’s price was able to remain somewhat stable and maintain its position above some important support levels. The 24-hour chart indicates that Cardano’s price is currently sitting just above the $0.68 mark, up by 0.90%. Nevertheless, it is down by about 7.87% in the past week, which hints at poor performance in reversing the downtrend.

ADA Price Support and Resistance Levels to Watch

Traders are paying close attention to ADA’s key support and resistance levels. The nearest support level is $0.63, which, if broken, will imply further decline in the value, or a possible reversal of the trend if the price retests this level.

If Cardano goes below this level, the subsequent level of support may be between $0.60 and $0.61. Any move below $0.63 looks reasonably bearish, and opens the possibility of ADA testing these particular lows.

ADA/USD 1-day price chart (Source: tradingView)

On the other hand, Cardano must clear its resistance levels to regain bullish momentum. The daily moving averages at $0.73 (200-day moving average) and $0.75 (50-day moving average) are important barriers to watch. As of now, the RSI stands at 46.27, just below the neutral level of 50. An RSI below 50 means that ADA is not yet in a bullish trend, although it could be in the reclaiming process if only the buying pressure rises. At the moment, the MACD Is show a bearish outlook as the MACD line is below the signal line.

However, there are signs of weakening bearish momentum, as the histogram shows increasing green bars. This suggests that while the market is still in a bearish phase, ADA may soon experience a bullish reversal if the MACD crosses into positive territory. Moreover, ADA’s price action also forms a Falling Wedge pattern, which is typically considered a bullish reversal pattern despite the death cross formed ealier today threatening a 25% ADA price dip. 

Analyst Outlook for Cardano’s Price Movement

Crypto analysts are mixed in their outlook for Cardano in the short term. Some experts predict that ADA could continue to trade within its established range between $0.63 and $0.75.

However, a breakout above the $0.75 resistance could set the stage for a stronger upward move, with some even setting a target of $1 for the next few weeks. Moreover, according to a TradingView analysis shared, Cardano price has been following an established ascending channel pattern over the years. This pattern has historically led to significant price surges when ADA moved between its upper and lower trendlines. In the past, a similar channel saw ADA rise from $0.20 to over $2.70 in 2021.

Source: TradingViewSource: TradingView
Source: TradingView

The TradingView chart suggests that if ADA continues to follow this pattern, it could see significant upside potential in the long term. Analysts believe ADA might push towards $50.48 by the end of 2025, as it follows this channel’s upward trajectory. Such a move would require continued market optimism and strong demand for ADA.

On the flip side, analysts like Ali Martinez warn that Cardano is at a critical juncture. If ADA fails to reclaim the $0.70 to $0.80 support zone, it could see a deeper correction. Some experts suggest that ADA might test the lower $0.30s, though this scenario would require a more severe breakdown from current levels.

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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