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Showing posts with the label total value locked

Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui

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A widely followed crypto analyst says that one Ethereum (ETH)-based altcoin looks ready to skyrocket in the coming months while updating his outlook on Bitcoin (BTC) and Sui (SUI). In a new strategy session, crypto trader Michaël van de Poppe tells his 789,600 followers on the social media platform X that it appears as if the layer-2 scaling solution Arbitrum (ARB) is primed to rise over the next 1-2 months. “The bullish divergence on ARB remains to be valid as it starts to make higher lows and higher highs. One to watch, and as we have this higher timeframe bullish divergence, it’s a good indicator that this one will do well in the coming 1-2 months.” Source: Michaël van de Poppe/X ARB is trading for $0.411 at time of writing, a 1.8% increase on the day. Moving on to the crypto king, the analyst says that he ultimately believes BTC will slowly grind upwards to a new all-time high (ATH). However, he notes that if it were to lose support at $10...

6 Best Altcoins To Watch Today February 1 – EOS, Solana, BNB, Bitcoin SV

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In January, the XRP Ledger’s decentralized exchange (DEX) experienced significant expansion, with swap volumes reaching about $400 million, as Ripple CEO Brad Garlinghouse announced at the XRP Community Day event. This growth translated into an average daily transaction volume exceeding $17 million. Since starting operations in 2024, the DEX has facilitated over $1 billion in cryptocurrency exchanges. The surge in activity partly stems from the political shift with Donald Trump’s election as US President. Post-election, XRP saw its value increase dramatically by nearly 400%, hitting a peak of $2.90 before settling at around $2.50. This rise reflects investor confidence in the possibility of more crypto-friendly regulations under the new administration. In light of the positive crypto market wave, this article outlines other affordable tokens, particularly the best altcoins to watch today. 6 Best Altcoins To Watch Today  EOS has a current Total Value Locked (TVL) of $...

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

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Decentralized exchanges (DEX) are increasing their relevance on the cryptocurrency trading landscape, approaching the centralized platforms (CEX) in volume. In this context, Finbold selected three DEX projects to keep an eye for 2025. As of January 7, the DEX/CEX volume ratio reached an all-time high, with over 20% of all crypto trading happening on decentralized exchanges. This data is from IntoTheBlock , shared on X by Hayden Adams, inventor of the Uniswap protocol, a leading decentralized exchange. DEX to CEX Spot Trade Volume (%). Source: IntoTheBlock / Hayden Adams Uniswap (UNI) as the leading DEX for the EVM ecosystem Among the top projects to keep an eye for 2025, Uniswap (UNI) stands out as the leading decentralized exchange for the Ethereum Virtual Machine (EVM) ecosystem. Picks for you Bitcoin could crash to $40,000, acc...