Surge
Bitcoin Could Surge to $160K on Halving, Spot ETF Hype in 2024, But Risks Remain
“We argue that bitcoin and crypto markets could have a positive year in 2024 mostly amid the effects from: 1. The market valuation cycle, 2. Network activity, 3. The bitcoin halving, 4. The macroeconomic perspective, 5. Bitcoin spot ETF approval and 6. Growing stablecoin liquidity,” analysts at CryptoQuant said. Source link
Bitcoin Mining Stocks Outperform Range-Bound BTC Price Amid Transaction Fee Surge
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Meme Coin BONK’s Surge Send Prices of Solana Saga Phone Flying to $2K
“We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units,” Solana founder Anatoly Yakovenko said during an interview at the time. “I think 25,000 to 50,000 units to feel like there is a hardcore user base for developers to be compelled to ship applications.” Source link
Arbitrum (ARB) Blockchain Hit by ‘Partial Outage’ Due to Traffic Surge
Arbitrum’s sequencer stalled “during a significant surge in network traffic,” according to posts across the network’s social media on Friday. “We are working to resolve as quickly as possible and will provide a post-mortem as soon as possible,” read a post on Arbitrum’s status webpage. Source link
Sales of Solana Phone Surge as Traders Chase BONK Arbitrage
Solana’s Sage phone is seeing a surge in sales on the backs of arbitrage traders chasing a lucrative BONK payout. Source link
Celestia, Blockchain Data Solution, Sees TIA Token Surge as Polygon Plan Announced
On-chain activity on Celestia remains muted despite the rise of TIA. There has been 872,700 transactions on the Celestia blockchain since it went live on Oct. 31, with 362,000 of those being added over the past 30-days. Its monthly rolling average is at around 12,000. Source link