Podcast: Embed
Stellar soars by 8%, surpassing Bitcoin’s performance
Stellar (XLM); was one of the best-performing assets in the crypto top 30 by market value at the time of writing; up 10% on the daily chart and 36.3% on the two-week chart. Stellar soars by 8% surpassing bitcoin’s performance. The cryptocurrency has outperformed Bitcoin, Ethereum, and the other top ten currencies.
To $3,400, ETH Shakeout Healthy in the midst of a $4,000 potential
Ethereum(ETH) regains its glory over $3,600, and investors anticipate a rally above $4,000. Based on the MACD and the RSI, Ether’s intraday prognosis remains positive. Ethereum has returned to the green, along with the largest cryptocurrency, Bitcoin. The former has recovered to levels above $3,600; while the latter is presently trading above $58,000 and on its approach to $60,000.
Bitcoin begins a new rally to $60K, which might fuel more gains
Bitcoin(BTC) has begun a new uptrend and has breached the $58,000 mark. The price is presently trading over $57,500 as well as the 100 hourly simple moving average. On the hourly chart of the BTC/USD pair; there was a break over a significant negative trend line with resistance above $56,500.
Polkadot is preparing for the launch of Parachain as the DOT price rises
Polkadot(DOT) announced on October 13 that it was finally ready for para chains — sidechains that operate alongside the main relay chain. Parachains were previously auctioned on Kusama, Polkadot’s “canary network” for testing and development. In response to the revelation, DOT prices have risen 17% on the day.
Shiba Inu’s Twitter popularity briefly surpasses that of Bitcoin and Dogecoin
SHIB, a meme-inspired cryptocurrency, has momentarily surpassed the popularity of its rival Dogecoin (DOGE) and other prominent cryptocurrencies, including bitcoin itself. Shiba Inu’s price has risen in recent weeks due to increasing interest in cryptocurrency.