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Cryptocurrency News Articles
Bitcoin Inches Toward the ATH Reached 2 Days Ago, While Altcoins Struggle Below Previous Peaks
Nov 16, 2024 at 05:30 am
At the time of writing, the total value of the crypto economy stands at $2.96 trillion, following a slight dip in the past day.
At 3:40 p.m. EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 2.4% dip from its all-time high (ATH). Here’s a breakdown of the remaining top ten cryptocurrencies and their current standing compared to their previous ATHs.
At the time of writing, the total value of the crypto economy stands at $2.96 trillion, following a slight dip in the past day. Bitcoin (BTC) hovers at $91,046, just 2.4% shy of its all-time high (ATH). Meanwhile, ethereum (ETH), the second-largest cryptocurrency, is valued at $3,058 per coin, sitting 37.5% below its ATH of $4,878.
Solana (SOL), priced at $213, has a shorter climb ahead — just 18.1% — to reach the $259 peak it hit on Nov. 6, 2021. Binance coin (BNB) trades at $615, leaving it 14.4% beneath its ATH of $717. On the meme coin front, dogecoin (DOGE) has been making strides but still has a 49.7% jump needed to reclaim its $0.731 high from May 8, 0221. XRP, trading at $0.894, edges closer to the $1 mark, but it would need a 73.6% boost to revisit its $3.40 ATH from Jan. 7, 2018.
Cardano (ADA) shows some life, up nearly 20% from yesterday and now at $0.675 per unit. However, it faces a steep climb of 78.2% to return to its ATH of $3.09. Tron (TRX), currently at $0.188, is a bit closer to its previous high, needing an 18.8% increase to hit $0.231, a peak it achieved seven years ago. Shiba inu (SHIB), the other popular meme coin, trades at $0.00002432, which places it 71.8% below its ATH of $0.00008616.
Finally, toncoin (TON), the tenth-largest crypto excluding stablecoins, is priced at $5.37. TON still has a 35.2% gap to close before reaching its ATH of $8.25, recorded on June 15, 2024. The varying trajectories of these top cryptocurrencies at year’s end highlight the market’s mix of promising recoveries and ongoing struggles. Notably, while bitcoin hit its ATH just two days ago, the rest of the pack hasn’t seen their peak prices in years.
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- MAYA, Banana, and Jorgie: New Solana Meme Coins Capture Significant Attention
- Nov 16, 2024 at 01:25 pm
- Since their recent launches, MAYA, Banana, and Jorgie coins have quickly captured significant attention. MAYA debuted on Pumpfun four days ago and now boasts a market cap of $21.4 million and over 36,000 holders.
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- Revolutionizing Donations with a Meme Coin
- Nov 16, 2024 at 12:25 pm
- Initially created as an amusing twist on the cryptocurrency craze, Dogecoin is now emerging as a powerful player in global philanthropy. While initially dismissed by financial experts, this digital currency is being embraced for its ability to revolutionize donations. The unique characteristics of Dogecoin, supported by evolving technologies, are enabling it to facilitate efficient charitable giving worldwide.
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- Could XRP Be Bridging the Gap Between Digital and Traditional Economies?
- Nov 16, 2024 at 12:15 pm
- XRP has become a significant player in the world of digital finance, influencing how transactions are conducted globally. While the focus has largely been on its potential to revolutionize banking, XRP’s broader impact on global communities and economies is still unfolding, presenting a mix of opportunities and challenges.
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- Ohio Man Sentenced to Three Years in Prison for Operating Dark Web Search Engine and Cryptocurrency Money-Laundering Service
- Nov 16, 2024 at 12:15 pm
- Larry Dean Harmon, 41, set up Grams in April 2014. Three months later he also set up on the dark web Helix, a so-called mixer or tumbler service that pools and swaps people's Bitcoins to obfuscate the original sources