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The Week That Mattered For Crypto: BONK, Avalanche Lead Gainers; Terra Classic, Chainlink Top Losers' Pack

Posted by Khyathi Dalal on Monday, December 18, 2023, In : 848FINACE 
What is Cryptocurrency & How Does it Work?
ZINGER KEY POINTS
  • Amid the FOMC meet and SEC busy with meetings for Spot ETF applications, crypto board saw meme coin BONK topping the gainers' list.
  • Bitcoin and Ethereum witness a drop of 4% each during the week.

While the week started on a high note of $43,800 for Bitcoin 

BTC/USD-2.14%
+ Free Alerts
, it didn't reach that level again for the rest of the week. The crypto’s apex king reported a 4% drop in the past 7-days trade while Ethereum 
ETH/USD-1.31%
+ Free Alerts
 saw a 4.6% fall in the same...

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Prediction: This Cryptocurrency Will Be the Next Ethereum

Posted by Trevor Jennewine on Wednesday, March 2, 2022, In : Technical Analysis 

The Ethereum (CRYPTO: ETH) blockchain is powered by the ETH coin, a cryptocurrency with a market value of $320 billion. Only Bitcoin is worth more. And Ethereum's success can be attributed to its programmability. Specifically, developers can use the platform to build and deploy decentralized applications (dApps), software that exists on a peer-to-peer network rather than centralized corporate services.

Decentralized finance (DeFi) products are a type of dApp. They allow investors to lend, trad...


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Cryptocurrency Avalanche Rises More Than 4% In 24 hours

Posted by Benzinga Insights on Tuesday, September 21, 2021, In : 848FINACE 

Over the past 24 hours, Avalanche's (CRYPTO: AVAX) price rose 4.44% to $65.46. This continues its positive trend over the past week where it has experienced a 25.0% gain, moving from $51.09 to its current price. As it stands right now, the coin's all-time high is $75.28.

engineering drawing© Provided by Benzinga

The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the ...


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