The US government has officially recognized three blockchains, including Bitcoin, Ethereum, and Cardano, as “mature blockchains.” This has led the world to witness a notable spike in the tokens related to these blockchains, followed by a visible heightened market activity as altcoins continue to perform well in the mainstream domain. That being said, Ethereum (ETH) in particular is showing signs of resurgence, which may help the token soar towards the ambitious $4000 mark. Will Ethereum reclaim its former glory before the currency cycle ends? Let’s find out.Also Read: Exclusive: Bitcoin to Reach $139,000, Ethereum $4,000 in a Few WeeksBitcoin, Ethereum,…
Author: cryphedge
RSI has climbed to almost 85, flagging potential overbought conditions. Volume has risen sharply, driven by retail trader participation. Technical breakout from ascending triangle remains intact. XRP has staged a powerful rally, climbing to $3.45 after months of subdued price action. The Ripple-affiliated token, which had remained below $2.20 for a prolonged period, has now broken through key resistance levels with strong momentum. Source: CoinMarketCap The recent price action has captured market attention, as technical indicators, surging volume, and a bullish structure continue to support further upside—though overbought signals are beginning to emerge. XRP rally led by price breakout above…
Key takeaways ADA is approaching $0.9 after rallying by over 10% in the last 24 hours. The coin could soon overtake Tron’s TRX to become the 9th-largest crypto by market cap. ADA rallies higher as altcoins dominate Bitcoin rallied to a new all-time high of $123k on Monday, but altcoins have taken over the show since then. Memecoins such as Dogecoin, Shiba Inu, Floki, Fartcoin, SPX, TRUMP, and Bonk led the way for most of the week, with most of them up double digits in percentages during that period. The week is coming to an end with the leading altcoins…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: July 18, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Backpack has unveiled a fee-free platform for FTX victims to sell their claims. The platform generated excitement as it pledged zero profits from the process. FTT coin gained more than 7% amid the developments. FTT joined today’s broad-based altcoin rallies with a significant surge. While the altcoin narrative boosted the alt’s sentiments, the latest announcement from Backpack exchange added to the bullish momentum. Backpack has launched a non-profit platform to help victims of the collapsed FTX exchange liquidate their bankruptcy claims. The announcement triggered excitement, especially for creditors who have been in limbo for over two years, wondering whether they…
Hedera’s token HBAR is in full breakout mode, as it has surged by 17.11% in just 24 hours and 41.66% over the past week. HBAR’s price trend is being fueled by strong technical setups and fundamental catalysts. With market cap surging to $11.92 billion and trading volume skyrocketing by 126.07%, the token is now one of the top performers in the altcoin space. The sharp price rise is fostered by hopes of a spot ETF approval in the U.S., Hedera’s expanding DeFi ecosystem with a $215 million TVL, and strategic enterprise integrations. If you are a HBAR holder, you need to…
Cardano is staging a powerful recovery, breaking through key resistance levels with renewed bullish momentum. At the time of press, Cardano price is up 15.55% in 24 hours to $0.8699, and +24.88% on the week. The surge came alongside a nearly 100% volume surge to $3.23 billion. Amidst all this, the market capitalization has grown to $30.78 billion. The catalyst? A mix of ETF optimism, Grayscale’s increased ADA allocation, and a broader altcoin rotation that’s putting high-beta assets back in focus.Cardano Weekend Price Analysis:Cardano’s breakout above the psychological resistance at $0.83 marks a crucial bullish shift. The 4-hour chart shows strong…
The stablecoin issuer has minted $500M USDC on Solana today. It has minted $1B stablecoins in the previous week, bringing its July total past $3 billion. SOL trades at a key level, targeting the $200 mark. Solana is in the spotlight as altcoins rally with Bitcoin above the $120,000 zone after the US Congress passed the groundbreaking crypto bills. Amidst the rallies, stablecoin issuer Circle has minted $500 million USDC on the Solana blockchain today. The new injection has pushed the firm’s weekly mint to $1 billion USDCs, indicating intensified stablecoin activities on the SOL network. Furthermore, Circle has minted…
Author Tim Alper Author Tim Alper About Author Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked… Share Last updated: July 17, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas -…
On Thursday, July 17th, the crypto market experienced heightened volatility as the U.S. House of Representatives passed all three crypto bills. Amid the general bullish sentiment, the TRON price showed a 2% intraday gain and a decisive breakout from a key resistance level. The bullish momentum gained further traction as the TRX network recorded a substantial jump in revenue growth. Is a rally to $0.35 close? TRON Generates $2M Daily Revenue Over the past three weeks, the TRON coin price witnessed a steady recovery from $0.259 to the current trading price of $0.316, registering a 22% growth. A primary catalyst…
