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Tron Creator Launches Bitcoin Layer-2 as BTC DeFi Surges.Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
Read Here: https://www.binance.com/en/feed/post/4232756056250
#TRON #Layer2 #Defiance #Bitcoin #Altcoin

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Dogecoin, WIF and other memecoins crash hardest amid $1.7B crypto liquidations Memecoins underperform the wider crypto market after double-digit daily losses surpass the sell-off in BTC and ETH. Memecoins like Dogecoin DOGE $0.4127, Shiba Inu SHIB $0.00002726 and Dogwifhat WIF $2.97 were among the worst-performing cryptocurrencies on Dec. 10, wiping out a significant part of the gains made during the Donald Trump-fueled rally a few weeks ago. Memecoin market cap takes a hit The latest drop in memecoin prices has seen the total market capitalization of the sector shrink to reach a three-week low of $119.6 billion as of Dec. 10. The last time the memecoin market cap was below $120 billion was on Nov. 27 when it rested at $118 billion. The aggregate market value of cryptocurrencies in this sector is down 21% over the last 24 hours. The total daily trading volume across the memecoin sector has nearly doubled over the same period, indicating the intensity of the selling pressure over the past 24 hours. Dogecoin, the largest memecoin by market capitalization, led the losses, dropping 5.6% over the last 24 hours. DOGE’s rival SHIB was down as well, recording 10.4% daily losses, while Ethereum-based Pepe PEPE $0.00002536 was the only top-cap memecoin posting gains, up 1.7%. Memecoins OI drops sharply The drop in memecoins on Dec. 10 was preceded by a decrease in open interest (OI), with Pnut (PNUT) leading the retreat with a 30% decline in OI over the last 24 hours. Open interest refers to the total amount of pending derivative contracts that have not yet been settled. In a futures contract, for every seller, a buyer is required to settle the contract. DOGE saw its IO drop by over 20% on the day to $3.1 billion, nearly six times WIF’s $519 million in OI, which had decreased by 27% over the same period. PEPE’s OI was standing at $302.4 million, down approximately 11%. More details see in Article... #Dogecoin #WIF #Memecoins #Cryptocurrencies #CryptoNews

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Dogecoin, WIF and other memecoins crash hardest amid $1.7B crypto liquidations

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Solana (SOL) Reaches Key Level: What's Next? XRP Finds New Skyrocket Fuel? Pepe (PEPE) Becomes Meme Coin Leader The 26 EMA, which has traditionally served as a foundation for the rally's continuation, is now a crucial support level for Solana. For the cryptocurrency, this level, which is currently at $229, marks a significant turning point. It might open the door for another short-term upward push if Solana is able to maintain above this support. It is incorrect to interpret the recent retracement to this support level as a bearish indication. Rather, it represents a sound correction within a continuous upward trend enabling the market to recover its strength. In recent months, Solana has shown tenacity, and its recovery from key support areas indicates that bulls are still in charge. Looking at particular price points if the 26 EMA does not hold the $210 region acts as backup support. The immediate resistance level on the upside is $250. The bullish trend will continue if there is a breakout above this level, which might indicate a retest of the most recent high, which was close to $260. Volume patterns point to a decline during the most recent pullback, which is consistent with a normal corrective stage as opposed to a reversal. As SOL gets closer to resistance levels, a spike in buying volume could nevertheless signal fresh bullish momentum. Additionally, the RSI is close to neutral territory, suggesting that Solana has space to expand without going into overbought territory. Further evidence for the potential for a sizable upward move in the days or weeks ahead comes from this technical setup. XRP's fuel Since the cryptocurrency seems to be forming a descending flag pattern, XRP is navigating through a critical phase. A possible reversal point is frequently indicated by this configuration, and for XRP it might be the beginning of another big move. More details see in Article: #Solana #XRP #PEPE #cryptomarket #CryptoNews

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Solana (SOL) Reaches Key Level: What's Next? XRP Finds New Skyrocket Fuel? Pepe (PEPE) Becomes Meme

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XRP Plunges 12% as Crypto Market Loses $1 Trillion This week is off to a terrible start for the cryptocurrency market, with multiple tokens recording double-digit losses. The Ripple-affiliated XRP cryptocurrency is down as much as 12% after slipping to an intraday low of $2.07. Dogecoin (DOGE) and Cardano (ADA) also logged significant losses, dropping by 10.6% and 13.4%, respectively. Bitcoin (BTC), the largest cryptocurrency, is down a mere 2.6% after briefly reclaiming the $100,000 level on Monday. The cryptocurrency market is now on track to have its worst day in four months, with as much as $1 trillion of value being wiped out. According to data provided by CoinGlass, a staggering $1.76 billion worth of crypto got liquidated over the past 24 hours. Unsurprisingly, long positions account for the vast majority of the sum ($1.58 billion). Overall, nearly 600,000 trades got liquidated, with one trader losing as much as $19.69 million with a single ETH/USDT order on the Binance exchange earlier today. Binance, the leading cryptocurrency platform in the world, has had the largest share of liquidations ($756.26 million). Notably, Ethereum is above Bitcoin when it comes to the total amount of longs liquidated over the past 24 hours ($223 million and $148 million, respectively). Solana, Dogecoin, and XRP are also in the top five after emerging as some of the top speculative bets over the past few months. "If retail traders react with fear and begin selling off their bags, expect a swift rebound to assets like TRX, AVAX, DOT, ICP, POL, FIL, and TIA," crypto analytics firm Santiment said in a recent post. #Bitcoin #Altcoins #cryptomarketdump #CryptocurrencyTrading #cryptonewstoday

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