4 cryptocurrencies that may hit all-time highs in August 2024
Many cryptocurrencies this month have shown signs of being ready to erase the losses they experienced in the second quarter of 2024. While some managed to achieve this, others were not as lucky as July ended.
In August 2024, investors will keep an eye on cryptocurrencies that perform well and more importantly, those that can reach all-time highs (ATH). This analysis focuses on the top four cryptocurrencies with such capability Mantra (OM)
If Mantra's staggering 1956% rise (OM/USD) this year is
The price of Litecoin has seen a significant decline this month, after reaching a local peak of around $113. LTC is hovering around the gold ratio support level at around $80, providing a potential opportunity for a bullish rebound #LTC📈 $LTC
The Litecoin live price is $79.91 per (LTC/USD) and has a current market capitalization of $5.95B USD. The 24-hour trading volume is USD 470.09M. Also, the LTC price against USD is updated in real time. Litecoin price has changed by +4.59% in the last 24 hours. The value of the current currencies available for trading in the market is 74.43M #LTC📈 $LTC
The race for stablecoin supremacy heats up as industry experts debate Tether's role and new players such as PayPal (NASDAQ:PYPL) enter the scene
Jamie Coates, an expert at Bloomberg Intelligence, pointed to the growing dominance of Ethereum. Which are highlighted by the main network adoption metrics and second-tier projects such as Eoptic, Arbitrum and Base
Ethereum's scaling roadmap is expected to significantly reduce Tier II transaction costs. Thanks to the highly anticipated EIP-4844. This
AI mining method for Bitcoin increases reward chance 260% by calculating future blocks
Uk researchers Quantum blockchain technologies' breakthrough opens door to AI Bitcoin mining
In a notable breakthrough in Bitcoin mining, UK-based Quantum Blockchain Technologies (QBT) has developed a highly promising computing method, the Message Scheduling For Cryptographic Hashing (MSFCA), designed to make Bitcoin mining significantly more efficient. #BTC $BTC
Top forecasts for cryptocurrencies below a dollar.. A candidate to go strong
In the latest situation of Ripple and Doge, the two currencies have seen many developments in their markets, apart from the macro data affecting the market in general
Ripple XRP saw a short-lived rally last month with the interim ruling of the Ripple lawsuit. Despite having made huge predictions about the price of the cryptocurrency over the past month, Ripple XRP entered the correction phase before reaching the $1 level
If Ripple XRP sees a one-day close above $0.65 for the remainder of the w
Cardano achieves amazing success with a series of updates and makes its way towards full decentraliz
Over the past week . The Cardano team built its momentum to support a highly vibrant blockchain ecosystem. According to the joint updates, the Cardano protocol recorded a total of 73.2 million transactions during the week. The total recorded token policies were 78,063 while overall, as many as 137 projects were launched on the blockchain
Cardano where it has gone on to enjoy tremendous developer support. The approach previously unveiled by IOG to integrate members of the public into the decisio
Bitcoin price unchanged as SEC seeks public comments on Ark spot ETF application
Bitcoin's price remained largely unchanged despite the SEC's latest action.
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Ark 21Shares spot Bitcoin’s (BTC) ETF application.
Earlier today, the financial regulator asked for public comments, including written data, views, and arguments, on the Ark’s BTC application within the next three weeks.
In the notice, the SEC asked the public to comment on whether Bitcoin Spot ETFs are vulnerable to manipulation, whethe
Despite the turbulence experienced last year in the cryptocurrency market and the whole financial system, Ethereum remains one of the safest long-term bets for investors looking to diversify their investment portfolio with cryptocurrency #ETH
Cardano launches Mithril protocol; Can ADA hit $1 in 2023?
Although the price of Cardano (ADA) has been consolidating following the majority of the cryptocurrency market, the platform has launched a long-anticipated major upgrade to its mainnet, possibly giving fuel to the ADA token advancing in the near future.
As it happens, Mithril, a stake-based signature protocol promising to improve the efficiency of the node sync, has officially launched on the Cardano mainnet, according to the post and relevant screenshot of the protocol shared by the Cardano stake pool operator (SPO) known as #cardano
XRP To Skyrocket To $500 Within 7 Months, Predicts Wells Fargo Treasury Manager
In a recent statement, Wells Fargo’s Treasury Management officer Shannon Thorp provided an eye-catching price prediction for XRP. The forward-thinking executive anticipates a potential surge in XRP’s value to anywhere between $100 and $500 in the short term, specifically within the next 4 to 7 months. This price hike prediction represents an astounding 14,200 % to 71,400% increase from the current trading value #XRP
Some cryptocurrencies are rising strongly amid a quiet market. Attractive Deals
The notable asset among the top 20 cryptocurrencies last week was DOGE. Dogecoin began to rise after Elon Musk made drastic decisions by changing the name of Twitter, the social media platform, to X. Elon Musk also added a Doji icon to his Twitter bio. This has led to increased demand for cryptocurrencies, fueling speculation that Doji could be used while structuring Twitter as a payment platform. After rising 18% to $0.083 at the start of the week, the Doge fell to $0.078 by the end of the week
Crypto sector sees 'historic week' as stablecoin and self-guardianship bills reach House of Representatives
The House Financial Services Committee has introduced two bills related to cryptocurrencies. The first project aims to better regulate stablecoin issuers, while the second focuses on improving the self-custody mechanism of cryptocurrencies in the USA
On the twenty-eighth of July, the Finance Committee stated that the stablecoins and self-guardianship laws had been passed, along with five economic-related bills, to the House of Representatives
The aforementioned projects aim to pass laws related to the regulation of the minting of stablecoins used for payment, as well as allowing cryptocurrency users to keep their assets in self-custody wallets
Solana has surpassed Ethereum in terms of transaction volume, a significant accomplishment for such a cryptocurrency. Its enormous unrivaled transaction speed and bandwidth make it ideal for various applications, including creating exchanges and platforms. #SOLANA Followe✅️
Can Cardano Price reach $1 before Bitcoin Halving?
The Bitcoin Halving will probably take place in April 2024. Until then, Bitcoin could see a bull run, which should also boost the Cardano price. The second half of 2023 could actually lead to a stronger increase above $0.50 for the Cardano price.
the ADA token can always see strong bull runs, which could double the price or rise even more easily. If we had to bet, we would see the Cardano rate between $0.50 and $0.75 at the time of Bitcoin Halving #cardano