CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (2024)

FAQs

Which crypto will explode in 2024? ›

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Its mandate is to inform, educate and connect the global community as the authoritative daily news provider dedicated to chronicling the space.

Bitcoin, ether (ETH) advanced 2%-3% over the past 24 hours on strong day for cryptos. BTC bottomed last week and should rise further based on daily cycles theory, according to chartist Bob Loukas.

The global cryptocurrency market cap today is $2.18 Trillion, a +1.84% change in the last 24 hours.

The PEPU token is poised to cater to a massive audience thanks to its viral appeal, and the developers plan to engage the community through social media-driven campaigns. While still in its infancy, PEPU's low entry price makes it a strong contender for those hoping to capture 1000x gains.

More commonly known as Ripple, the XRP (CRYPTO: XRP) cryptocurrency seems to be in dire straits nowadays.

Since its creation in 2009, bitcoin remains the most popular and valuable cryptocurrency. Bitcoin was created by a person, or possibly a group, using the pseudonym Satoshi Nakamoto. It's a blockchain-based, decentralized transaction verification system that has revolutionized how we think about digital security.

Despite being up more than 30% this year, Ethereum offers investors serious potential. Ethereum's innovative technology, proven track record, and dominance in DeFi make it a leading blockchain platform. The launch of Ethereum spot ETFs could drive significant price appreciation in the short and long term.

Despite the recent drop, many analysts believe that Ethereum has strong potential for growth in the coming years. Some speculate that Ethereum could eventually surpass Bitcoin in market capitalization.

What really happened to crypto? ›

Recent high-profile financial meltdowns at Bitcoin, Celsius, and Terraform Labs, which together wiped out hundreds of billions in market value, helped trigger a flight from the cryptocurrency market, driving its value from $2.9 trillion last fall to less than $900 billion today.

Binance Coin (BNB) is the native token of this exchange, and it's often referred to by many crypto traders as one of the best cryptocurrencies to invest in today for short-term gains. Binance Coin is very popular amongst traders because it has quite a lot of use cases inside and outside the exchange.

Which crypto will boom in 2024? Cryptos that could boom in 2024 include Render Token (a rendering network) and Solana. Bitcoin and Ethereum could also be poised for strong performances in 2024, thanks to the SEC's approval of Bitcoin ETFs and Ethereum ETFs.

So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

What crypto under $1 will explode? EarthMeta (EMT) is a leading candidate among cryptos under $1 that is expected to explode. The platform's innovative approach to the metaverse, offering limited, high-value virtual cities, sets it apart from other projects in the space.

Can Pepe coin reach $1? Yes, but it is unlikely. At $1, the market cap would be $420.69 trillion, roughly 4 times the size of the S&P 500.