After hitting an all-time low of $26.90 last week, ICP rebounded with a surge of more than 70% over the next few days Following the crash in May and the weeks of stagnation and further price dips that followed, positive sentiment seemed to be returning last week as much of the crypto market formed green weekly candles. Bitcoin made gains of 11% last week, while Ether was up 16%. But ahead of both of them was Internet Computer (ICP), which provided weekly returns of 32%. Built by DFINITY, Internet Computer describes itself as “The world’s first frictionless blockchain with web speed and internet scale.” The team believes that Internet Computer represents the third major innovation in blockchain after Bitcoin and Ethereum. This view received credence last month when Goldman Sachs liste...
The cryptocurrency market recorded a bullish week, but DOGE, ADA, and VET could record losses as the weekend approaches The cryptocurrency market enjoyed a positive week, with Bitcoin climbing above the $29k region to reach the $32k mark. Ether also performed well, crossing the $2k mark after dropping below $1,700 over the past few days. Of the three cryptocurrencies we’ll look at in this article, Dogecoin is the biggest winner this week, with its price rising by over 6%. Cardano and VeChain are up by less than 1% over the past week. However, as we head into the weekend, the cryptocurrencies are looking bearish, with the recent market rally cooling off. ADA price outlook ADA remains the fifth-largest crypto by market cap, and didn’t perform well this week. The ADA/USD 4-hour chart is looki...