bitcoinlfg

Tag: Kaspa

  • Kaspa price climbs 10% on Layer 2 rollout, forms double-bottom pattern

    Kaspa price climbs 10% on Layer 2 rollout, forms double-bottom pattern

    Kaspa Price Bullish

    • KAS price is up 10% in 24 hours as Kaspa mirrors other altcoins’ gains.
    • The cryptocurrency is also surging after seeing a double-bottom bounce with support near $0.05.
    • Bulls could breach resistance around $0.12 and target the $0.18-$0.20 supply zone.

    The Kaspa price has surged by 10% in the past 24 hours, reaching an intraday high of $0.105.

    Notably, this has added to weekly gains of over 18% as Kaspa rides the bullish momentum, with top cryptocurrencies Ethereum, XRP, and Solana seeing notable gains.

    BNB price has jumped to near its all-time high and could eye $1,000.

    As these top altcoins eye key technical levels, Kaspa’s upward momentum is drawing significant attention. Both market dynamics and upcoming network developments suggest bulls may not be done yet.

    Why is Kaspa price up today?

    Kaspa’s price increase aligns with a robust altcoin market.

    ETH, XRP, SOL, and BNB are all climbing toward critical resistance zones or all-time highs, adding to buying pressure for small-cap cryptocurrencies.

    However, Kaspa’s rally is not solely tied to market-wide optimism.

    A key driver is the growing anticipation surrounding the Kasplex mainnet, a significant step forward for the Kaspa Network, which is renowned for its high-speed, proof-of-work blockDAG architecture.

    The Kasplex Layer 2 public testnet, dubbed Kasplex zkEVM, has officially launched, marking a pivotal milestone in Kaspa’s roadmap.

    This fully Ethereum Virtual Machine (EVM)-compatible rollup leverages Kaspa’s Layer 1 (L1) for decentralized sequencing and data availability.

    Kasplex zkEVM introduces several groundbreaking features. A full EVM equivalence allows developers to deploy Ethereum-native smart contracts with minimal adjustments.

    With bridged KAS as the native testnet token, the protocol also allows for integration with standard EVM wallets like MetaMask.

    Additionally, the testnet includes a live faucet, explorer, and expanding developer tooling, fostering an environment for building decentralized applications (dApps) and smart contracts on Kaspa.

    This development positions Kaspa as a unique proof-of-work blockchain with Layer 2 smart contract functionality.

    Its growth potential has sparked increased interest in the KAS token, contributing to its price surge.

    KAS price: technical outlook

    From a technical perspective, Kaspa’s price action is showing bullish signals. The KAS token has formed a double-bottom pattern, a classic reversal signal.

    It indicates strong support in the $0.05-$0.06 range.

     

    Kaspa price chart by TradingView 

    This bounce has propelled the price toward a key resistance level near $0.12.

    According to the price outlook on the weekly chart, a decisive breakout above this level could open the door for buyers to target the $0.18-$0.20.

    The area might prove a crucial supply zone, with the level aligning with previous highs from July and December 2024.
    Share this article
    Categories
    Tags

    Source link

  • Kaspa price surges 20%, Bitbot unveils revolutionary Telegram trading bot

    Kaspa price surges 20%, Bitbot unveils revolutionary Telegram trading bot

    • Kaspa (KAS) price surges 20%, eyeing a $3 target amid bullish momentum and fair launch.
    • Bitbot unveils the world’s first Telegram self-custodial trading bot, empowering users.
    • BITBOT token presale offers a strategic investment opportunity.

    In the dynamic world of cryptocurrency, Kaspa (KAS) and Bitbot are making waves with significant developments.

    Kaspa, after a recent surge of 20%, stands at the forefront of altcoins, while Bitbot introduces the world’s first Telegram self-custodial trading bot, revolutionizing the way users trade in 2024.

    Kaspa (KAS): riding the waves of price volatility

    The recent fluctuations in Kaspa’s price have caught the attention of crypto enthusiasts. After trading in a closed range for weeks, KAS displayed a jump of 20%, reaching $0.1249.

    KAS price chart

    KAS reached an all-time high (ATH) of $0.154 on Nov 20, 2023, while its all-time low was $0.0001699, recorded on Jun 01, 2022. At its current price, the token is 71982.3% higher from its lowest point and only a few cents away from its ATH.

    Analysts predict a potential surge to $3, citing the coin’s fair launch and the absence from major exchanges like Binance and Coinbase. As Kaspa tests its resistance level of $0.1242, the market awaits the outcome that could propel the coin to new heights.

    Bitbot: Telegram bot pioneering self-custodial trading

    Bitbot enters the scene as the world’s first Telegram self-custodial trading bot, offering users institutional-grade tools directly on the popular messaging platform.

    With a focus on empowering retail investors, Bitbot ensures full custody of assets while providing tools like automated sniping, limit orders, and copy trading, typically reserved for institutional traders.

    Integrating with self-custodial wallets and backed by KnightSafe security, Bitbot is poised to reshape how users engage in crypto trading.

    BITBOT token presale

    Bitbot’s presale, which kicked off a few weeks ago, unfolds as an intriguing investment opportunity. With a total supply of 1,000,000,000 tokens, the presale consists of 15 stages, each with varying token prices and allocations. Currently in Stage 3, the token’s price is $0.011, with the next stage set at $0.0116.

    The project has raised $459,291 out of the $630,000 target, highlighting growing interest. Investors can anticipate exclusive benefits like revenue sharing, presale access, and governance influence through the $BITBOT token.

    Are Kaspa and Bitbot good investments?

    Investors eyeing Kaspa and Bitbot might find compelling reasons for consideration. Kaspa’s fair launch and potential exchange listings could drive a significant surge, as demonstrated by its previous listing on Coinone.

    On the other hand, Bitbot’s unique features and self-custodial approach cater to both large and small-scale investors, promising a new era in crypto trading.

    As with any investment, thorough research and risk assessment are advised, considering the market dynamics and individual preferences.

    Conclusion

    The dynamic developments in the cryptocurrency space continue to captivate investors and enthusiasts alike. Kaspa’s surge and Bitbot’s innovative approach to trading underscore the ever-evolving nature of the industry.

    Whether you are eyeing Kaspa’s potential for significant gains or exploring the revolutionary features of Bitbot, the crypto landscape remains full of opportunities for those willing to navigate its twists and turns.

    Share this article
    Categories
    Tags

    Source link

  • Price prediction for Kaspa, Hedera and Shiba Memu

    Price prediction for Kaspa, Hedera and Shiba Memu

    • Kaspa (KAS), Litecoin (LTC) and Tron (TRX) are among top gainers today as crypto markets eye a rebound.
    • But Hedera and Shiba Inu, one of the most popular crypto meme coins, has suffered notable declines in the past 24 hours.
    • New meme coin Shiba Memu has raised over $2.16 million in its presale as AI drives interest.

    The crypto market is still searching for a sure footing amidst a tricky terrain wrought with likely traps. Last week’s sharp sell-off that crashed Bitcoin to lows of $25k and Ethereum to under $1,600 has many token trading at or below key levels, with the likes of XRP leading a weekend bounce that has seen Kaspa, Litecoin and Tron among top gainers early Monday.

    Elsewhere, Hedera’s outperformed in recent days but it’s among top losers in the past 24 hours. Shiba Inu price has declined further as the troubled launch of Shibarium adds to the downside pressure.

    While analysts are bullish on crypto long term, here’s the short term outlook for Kaspa, Hedera as well as overview of Shiba Memu. 

    Kaspa price prediction

    Kaspa has posted a significant uptick, rising 5% in the past 24 hours to trade above $0.043. But while the GHOSTDAG proof-of-work cryptocurrency is up on the day, price remains 16% off its recently reached all-time high above $0.051.

    Zooming out, we see a recently formed cup and handle pattern. KAS has performed a breakout and retest of the support area and could embark on another upward break. The daily stochastic RSI also shows bullish divergence.

    If price breaks higher, bulls should be able to test resistance in the $0.046-$0.050 zone.

    Hedera price prediction

    The price of HBAR, the native token of the decentralised public blockchain Hedera, has declined 3% in the past 24 hours. However, despite paring gains, HBAR price is nearly 15% up in the past month.

    As highlighted here, HBAR gained some momentum after FedNow added Hedera micropayments platform Dropp Inc. The positive outlook for the token remains if bulls prevent a decline below the crucial technical level of $0.060. 

    Despite declines, HBAR remains in an ascending channel. Resistance is likely at $0.064, with immediate targets including $0.077 to $0.085. On the flipside, the area around $0.054 becomes a “must-defend” for bulls.

    What is Shiba Memu?

    Shiba Memu, a new artificial intelligence powered cryptocurrency, is nearing the final phase of its hugely successful token presale. The meme coin looks to leverage natural language processing, predictive analytics and image/video recognition to build a self-sufficient protocol driven by an AI dashboard and native token dubbed SHMU.

    The new meme dog coin is expected to hunt down rivals via a marketing strategy comparable to 100 marketing agencies, thanks to AI. Interest in SHMU and its potential as an investment has seen investors pour over $2.16 million into the token sale. 

    Learn more here.

    Shiba Memu price prediction

    SHMU price has increased from $0.011125 to currently $0.021700. An interesting fact about Shiba Memu presale is its pre-programmed increases that take place every day at 6pm GMT. Investors knowing this offers a clarity of what to expect.

    The expected price increase will take the value of SHMU during the offer to $0.024400. BitMart is already one of the exchanges expected to list SHMU, and demand when tokens launch on more crypto exchanges could help push prices higher.

    It’s a scenario that could see SHMU prices explode to $0.1 when the AI dashboard goes live. The bullish outlook strengthens if crypto’s next bull cycle comes into play.

    However, the short term picture is one where investors are likely to pay attention to the regulatory environment – particularly around the US Securities and Exchange Commission (SEC). One key segment being watched is the potential approval of Ethereum Futures ETFs and spot Bitcoin ETFs. The progression of the SEC vs. Ripple lawsuit is another, while traders will be mindful of the macro environment.

    A bullish combination of these factors could be crucial for cryptocurrencies, including Shiba Memu.

    Share this article
    Categories
    Tags

    Source link

  • Kaspa (KAS) price rising after CoinPal integration

    Kaspa (KAS) price rising after CoinPal integration

    • Kaspa (KAS) price has surged 31% in the last 7 days and 4% in the last 24 hours.
    • Kaspa was on June 22 integrated on CoinPal.
    • CoinPal is a leading cryptocurrency payment service provider.

    While yesterday’s Kaspa integration with CoinPal is not the sole reason why Kaspa (KAS) price is rising, the integration has added impetus to the KAS bullish momentum.

    The integration comes at a time when the crypto market is seeing a rebound that has pushed Bitcoin (BTC) price above $30K for the first time in months. It is also ten days since Michael Sutton, Georges Künzli, and Shai Wyborski presented a proposal referred to as KIP-4 that aims at refining the Kaspa protocol by translating its complex mechanisms into a language that everyday enthusiasts can easily grasp.

    Kaspa integration with CoinPal

    Kaspa is one of the fastest, open-source, decentralized, and fully scalable Layer-1 blockchains in the world. It is the world’s first digital ledger enabling parallel blocks.

    Kaspa and Bitcoin share the fundamental principles of decentralization and peer-to-peer technology. Kaspa has, however, introduced upgrades like increased scalability, lower transaction fees, and faster transaction speeds. Therefore, by integrating Kaspa, CoinPal and its users will have access to more than 50 supported cryptocurrencies thus expanding their options.

    By incorporating Kaspa into its platform, CoinPal.io has made significant progress toward broadening its scope. By consistently expanding the number of cryptocurrencies it supports and improving its services, CoinPal stays ahead of the curve in the rapidly changing world of digital currencies.

    By incorporating Kaspa, CoinPal is advancing e-commerce and establishing itself as a major force in the adoption of cryptocurrencies.

    Share this article
    Categories
    Tags

    Source link

  • Stacks (STX), Optimism (OP), Kaspa (KAS) rally as Bitcoin soars

    Stacks (STX), Optimism (OP), Kaspa (KAS) rally as Bitcoin soars

    • Stacks (STX) price was up 25% as Bitcoin (BTC) broke above $28k for the first time in weeks.
    • Optimism (OP) and Kaspa (KAS) also gained double-digits.
    • The tokens were outperforming major altcoins such as Ethereum, BNB and XRP.

    As Bitcoin (BTC) broke to highs above $28k on Tuesday, several altcoins took cue to post huge moves. 

    Top market cap coins like Ethereum (ETH), BNB (BNB), XRP (XRP) saw modest gains. However, a few stand out performers on the day included Stacks (STX), Optimism (OP) and Kaspa (KAS).

    Stacks price

    Stacks (STX) is outperforming peers today with a 25% price surge in the past 24 hours. The coin’s stellar performance has recently been down to the growing popularity of Bitcoin Ordinals. With Bitcoin-based NFTs on the rise, the demand for STX has increased.

    The token traded to highs of $0.76 on Tuesday, up from lows of $0.58. The all-time high for Stacks is $3.39, which was reached in December 2021.

    Optimism price

    Optimism (OP) price was up 18% at the time of writing. The price of the L2 blockchain hit $1.34 on Tuesday afternoon after trading at lows of $1.06 this week, with the gains coming on the back of the broader market’s bounce.

    However, there was another likely trigger for OP price – the launch of an Optimism-powered testnet on the BNB Chain. The opBNB testnet went live on Binance’s BNB Chain on Monday and saw the OP token begin to soar amid increased trading volumes. Optimism price hit its all-time high of $3.22 in February this year.

    Kaspa price

    Kaspa (KAS) also saw double digit gains on Tuesday to rank among the biggest gainers in the top 100 coins by market cap. With price up more than 11% on the day, KAS inched further into bulls’ territory with over 40% upward action in the past week. 

    KAS/USD was trading at $0.022 at the time of writing, which is about 46% off the coin’s all-time high of $0.043 reached in April this year.

    Recently, the Kaspa team announced a funding pool initiative that targeted eventual KAS listing on the cryptocurrency exchange Bitpanda. The L1 proof-of-work blockchain network implements the GHOST protocol, which has been cited in the whitepapers of Ethereum, Cardano and XRP.

    Share this article
    Categories
    Tags

    Source link

  • Kaspa price gives up gains as top exchange delays KAS listing

    Kaspa price gives up gains as top exchange delays KAS listing

    • Kaspa price rose to highs above $0.031 before giving up gains to sit around $0.030.
    • The upside momentum for the altcoin was derailed as major exchange Uphold announced it was delaying the listing of KAS.
    • Uphold says the delay is due to a technical issue that will soon be sorted out.

    Kaspa (KAS) was among the biggest gainers earlier today as cryptocurrencies looked to bounce following Bitcoin’s sharp decline overnight Wednesday.

    In the past 24 hours, as BTC looked to reclaim $29,000, the price of Kaspa rose more than 10% to break above $0.031. The upside saw KAS bulls begin to eye the token’s all-time high near $0.043 reached on 2 April 2023.

    That attempt to put bears in their place is on hold though as one of the major catalysts for the altcoin going up was the impending listing on a major US crypto exchange

    Uphold delays listing of Kaspa (KAS)

    On Thursday, Uphold, which was set to be the first centralised crypto exchange in the US to list KAS, announced it would be delaying the listing. The multi-asset digital asset platform said the “difficult decision” had been taken due to technical issues.

    But despite the delay, Dr. Martin Hiesboeck, the Head of Research at Uphold, has assured KAS holders that the issue was “minor” and will soon be solved. He tweeted:

    “As we’re expecting *high demand*, we’ve taken the difficult decision to delay this listing due to some technical issues – to ensure you get a smooth and fair trading experience and best execution. Won’t be long, it’s a minor thing we’ll sort out soon.”

    He offered to explain everything on the Twitter Space.

    After seeing a double digit uptick in price, with weekly gains rising to over 30%, Kaspa price is just in the green in the past day (at the time of writing) and about 28% higher over the week.

    Currently, KAS can be traded on multiple exchanges, including MEXC Global, Gate.io and BingX. The token’s recent momentum has come amid a flurry of listings, including on LBank and Bitget.

    Share this article
    Categories
    Tags



    Source link