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Ondo Finance’s native cryptocurrency is experiencing a trading volume boost this week, with Friday seeing over $440.31M worth moved. The asset is down over 50% from its all-time high of $2.14 last December. Fortunately, investors don’t seem phased, still swooping up the cryptocurrency amid a larger dip. Could ONDO reclaim its all-time high and boom further by as much as 110%? Despite its latest drop in price, the ONDO community seemed to be quite optimistic about a potential uptick. According to CoinMarketCap’s community sentiment data, about 87% of the market is bullish about the coin’s rise in the near future. Meanwhile, about 13% of them were not confident about the asset’s ascent. A key factor supporting a potential recovery is the continued growth of Ondo Finance’s ecosystem. According to DeFi Llama, the total value locked in Ondo’s ecosystem has surpassed $1 billion for the first time. This marks a significant increase from $541 million at the start of the year. ...

BlackRock’s IBIT Bitcoin ETF saw a record $332 million net outflow on Thursday, the largest since its launch a year ago. BlackRock’s iShares Bitcoin Trust ETF (IBIT), which holds over $53 billion in net assets, reported $332.6 million in net outflows on January 3, exceeding the previous record of $188.7 million in net outflows that happened on Christmas Eve. BlackRock's IBIT ETF saw a record outflow after a banner year — a net $333M left it on Jan. 2 amid on a third consecutive day of outflows. Its longest losing streak is not necessarily alarming, as it could have been due to portfolio rebalancing or profit taking. #Bitcoin #crypto — EarnBIT (@Earnbit2) January 3, 2025 IBIT experienced $2.26 billion in trading volume yesterday, based on SoSoValue data. Neal Wen, the Head of Global Business Development at Kronos Research, said that investors “often rebalance their portfolios to align with asset allocation targets.” “The large outflows fro...

The Bitcoin price edged up 1% in the last 24 hours to trade at $96,529 as of 3:20 a.m. EST on a 44% pump in trading volume to $42 billion. This rise in the BTC price comes as Bitcoin celebrates the 16th anniversary of its Genesis Block on January 3, 2025, a cornerstone of the cryptocurrency revolution. Created by the enigmatic Satoshi Nakamoto, the Genesis Block was mined on January 3, 2009, introducing the first 50 Bitcoins and embedding the historic message: “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks.” On this day in 2009, Satoshi Nakamoto mined the Bitcoin Genesis Block, also known as Block 0. A historic moment marking the beginning of Bitcoin. 🟠 pic.twitter.com/ORZJ25EXRY — Trezor (@Trezor) January 3, 2025 Interestingly, the second block wasn’t mined until six days later, fueling speculation that Satoshi may have echoed the six days of creation in the Book of Genesis. Over the years, Bitcoin has evolved signifi...

The Ripple market has been witnessing major changes. Ripple USD (RLUSD) has made its way into the stablecoin market. Supported by Ripple Labs, the business behind XRP and its payment systems, RLUSD seeks to offer a regulated and steady digital currency. The network’s cryptocurrency, XRP could benefit from the latest developments. Some believe that the asset could surge to $3. Amidst this, a few others were hoping XRP could maintain itself at its current price level. Also Read: India’s Upcoming Crypto Laws Could Reshape the Market—Here’s What’s Coming XRP’s Current Price Level Source: CoinMarketCap The XRP market recorded a notable spike over the past day. The altcoin was trading at $2.54, during price time after surging by 5.43% throughout the past 24 hours. The asset went from a low of $2.34 all the way to a high of $2.56. The asset’s monthly and weekly increases were also significant. XRP surged by 138% and 16% respectively. Despite its recent uptick, Ripple’s ...

One of the better-performing cryptocurrencies in 2024 has, perhaps unexpectedly, been Raydium (RAY). Apart from two notable instances where sharp moves to the upside were seen in March and July, the asset has been subject to range-bound price movements for most of 2024. The wider crypto market bull run that kicked off in early November following the re-election of Donald Trump has had an outsized effect on RAY prices. Just for reference, since November 5, Bitcoin (BTC) prices have increased by 50.62% — in contrast, Raydium has seen a 70.24% surge in the same timeframe. This has brought returns since December of 2023 up to 672.37%. At press time, RAY was trading at $5.60 and has seen a strong 78.16% increase in volume in the last 24 hours alone. A lot of our readers might not be familiar with this digital asset — even accounting for the impressive returns that we’ve mentioned, RAY is only the 74th largest cryptocurrency in the world, with a market capitalization of roughly ...

Like the rest of the cryptocurrency market, Shiba Inu (SHIB) also surged over the past day. The meme coin was up by over 7% and moved from a low of $0.00001701 to a high of $0.00001867 within a few hours. SHIB witnessed a slight correction at press time and traded at $0.00001823. Also Read: Shiba Inu: SHIB Eyes 351% Surge To $0.000081, Analyst Predicts Along with its price, the SHIB network’s trading volume saw a notable uptick. Over the past day, Shiba Inu’s trading volume rose by 190% to $543.36 million. Can Shiba Inu Finally Reclaim Its All-Time High? Source The cryptocurrency community has shelved its 1-cent dream and is betting on the meme coin to reclaim its all-time high of $0.0008845. SHIB reached this peak in October 2021, exactly three years ago. The meme coin will only achieve this level if the asset’s market cap reaches $500 billion. Currently, SHIB’s market value is $10.75 billion. To reach its peak, the asset will have to rise by 4,629% from its cur...

El Salvador’s President Nayib Bukele recently visited Argentina’s Congress for discussions with Vice President Victoria Villarruel. The focus of their meeting was to examine El Salvador’s Bitcoin strategy and consider how Argentina could leverage these insights in its own security and economic policies. Meanwhile, Dogecoin (DOGE) experienced an 18% decline from its recent peak. However, on-chain analytics indicate that the bullish trend for this meme coin is still intact. Santiment indicators suggest the possibility of further price increases. In the meantime, retail investors have been capitalizing on recent price gains of the meme coin. Meanwhile, tokens on the platform have posted rallies. This article curates the top trending cryptos on Solana Chain today. Most Trending Cryptocurrencies on Polygon The IoTeX Network (PoS) is currently priced at $0.0383. Meanwhile, Jugni is trading at about $0.0014, with a market capitalization of roughly $134.04K. Crosschain IOTX...

Bitcoin (BTC) investors should anticipate a further drop in the asset based on notable technical indicators exhibited by the cryptocurrency. According to crypto trading expert Alan Santana, in a TradingView post on August 29, investors can identify potential trend reversals in the Bitcoin market by leveraging the exponential moving averages (EMAs) and trading volume. In October 2023, Bitcoin traded sideways, consolidating below several critical EMAs. However, a decisive move above these averages triggered a bullish trend, supported by the highest trading volume seen in many months. This breakout began a sustained upward price movement, confirming the market’s bullish sentiment. Picks for you Elon Musk warns of investment risk in Brazil, USD/BRL chart reacts 1 hour ago ...

The SuperRare price has plunged 13% in the last 24 hours to trade at $0.2449 as of 3:25 a.m. EST on a 30% drop in trading volume to $668 million. SuperRare Price Analysis: Bullish Breakout With Potential For Further Gains The price action of the RARE/USDT on the daily timeframe shows the price moving within a bearish channel for several months, indicating a prolonged period of downward or sideways movement. However, recently, the price broke out of this bearish channel, forming a parabolic curve, which is a strong indicator of a potential bullish trend. RAREUSDT Analysis Source: Tradingview Following the breakout, the price surged significantly, hitting a peak near the 0.4000 level, near the Take profit” zone. This spike in price is accompanied by a sharp increase in trading volume, further validating the strength of the upward move. Additionally, the Relative Strength Index (RSI) shows an extremely overbought condition at 82.06, suggesting that the asset is overex...

Dogecoin , along with the entire crypto market, is in a very volatile position. The asset has dropped considerably in the past week due to a market crash. At press time, the asset is down to $0.096, an 8% decrease over the last seven days. The crypto market is showing a slow recovery, but it will take time for most assets to get back to steady green territory. Despite the recent downturn, trading volume around DOGE remains up, as traders appear to be buying the dip. There is bullish speculation around a DOGE rebound, with some indicators that the rebound could gear towards a new all-time high. One trader in particular projected on Tuesday that Dogecoin is poised for an upward surge. Alan Santana on X says that the $1 dream for DOGE is closer to coming true than it appears. In fact, by 2025 it can explode to as high as $2.50, the analyst suggests. Also Read: Dogecoin: Can $1000 Worth of DOGE Become $1 Million by 2030? Source – StormGain According to Santana, the accumulation zone f...