Cryptocurrency News
Bitcoin is facing a slow inflow of new investors, as short-term holders (STH) now make up only 30% of its realized capitalization—a significant decline from nearly 80% during the last bull market. To reignite interest, substantial price moves or major headlines, like large-scale Bitcoin acquisitions by big companies, could be […]
Just three hours ago, DWF Labs transferred 2 million Fetch.ai (FET) tokens, valued at $2.8 million, to Binance. Over the past three weeks, DWF has deposited a total of 6 million FET tokens on the platform, amassing an impressive $8.36 million in value. However, FET’s price has seen a downturn, […]
Bitcoin ($BTC) has been gaining impressive momentum, with both its price and open interest sharply rising, indicating strong upward movement. While Ethereum ($ETH) remains stable and hasn’t yet mirrored Bitcoin’s ascent, investors are keeping a close watch for potential shifts, as ETH could soon follow BTC’s trend. $BTC is on […]
Ripple’s XRP faced a significant dip below $0.50 in early August, but the token has since managed a gradual recovery, regaining momentum despite persistent market volatility. Currently, XRP is working its way back from the lows, yet it continues to struggle with breaking through the crucial $0.60 resistance level. On […]
A prominent trader with a 91% success rate in the market recently suffered a significant loss after selling 4,973 aEthWETH (worth $12.53 million) at an average price of $2,520, well below the $2,660 entry point. The position, opened with 4,969 aEthWETH, marks a loss of $696,000 over 12 trades, reducing […]
Bitcoin experienced a sharp drop yesterday, hitting a 3-week low of $58.9K, but many traders are now identifying this dip as a prime buying opportunity. The shift in sentiment came after the release of the US Consumer Price Index (CPI) report, which fueled optimism around potential interest rate cuts. This […]
ARB’s structure is still on a downward slope on the macro level, though it took a slight break in selling after posting a small gain months back. It appears down on the day as it traded flat for almost a week. Arbitrum is one of the most promising scaling solutions […]
For the first time since its all-time high, Bitcoin has set a new technical higher high, with prices bouncing into the $66,000 region. This marks a pivotal moment, as several critical on-chain metrics have also reached higher levels, signaling growing market interest and activity. However, market volatility has surfaced, driven […]
Polkadot’s market cap has decreased significantly since it initiated drops in March. Selling pressure currently appears low on the day as the price stalled at around $4 after resuming bearish two weeks back. Nothing much has changed over the past week as DOT continued to lose momentum on a daily […]
The cryptocurrency market experienced a significant downturn, with Bitcoin and Ethereum plummeting to lows of $58,034 and $2,392, respectively. This resulted in a staggering $313 million in liquidations across the network, with long orders accounting for $282 million and short orders totaling $31.36 million. Bitcoin briefly fell to a low […]
The last 48 hours mark the most volatile session in the market since Avalanche started to recover two weeks back. It appeared strong on the week but bias remains bearish on the monthly scale. Last week’s trading was painful as Avax briefly turned weak after posting small gains from the […]
Ethereum’s bias remains bearish on the daily chart following a recent crash to a yearly low. It has recovered slightly but is now trapped in a consolidation phase. A huge drop is expected if the supply level rises. Since Ethereum rejected $2,780 last week, the price has remained weak as […]
Ethereum’s gas prices have reached an all-time low as the cryptocurrency faces significant market challenges. Despite recent approval for Ethereum ETFs, $ETH has struggled since the Dencun upgrade. The total supply of ETH has increased by over 197,000 ETH, contributing to a 35% drop in its price. #Ethereum Gas Price […]
Ethena Protocol has been making waves in the DeFi space by offering users high yields through its innovative stablecoin, USDe. This is achieved by holding specific assets like stETH or BTC and simultaneously shorting an equivalent amount in the perpetuals market, creating a unique mechanism for generating returns. However, the […]
Ethereum’s network fees spiked this week, driven by heightened market volatility. The surge in fees was largely fueled by increased activity on platforms like Uniswap and a wave of liquidations on Aave, reflecting the intense trading environment. Ethereum fees spiked this week as a result of the volatility, with Uniswap […]
In a surprising turn of events, $NEIRO on Ethereum has surged by 8% today and over 800% in the past seven days, despite challenging market conditions and a significant whale sell-off. On-chain reports reveal that Ethereum co-founder Vitalik Buterin sold all his 17.15 billion NEIRO tokens, amounting to 44.42 ETH […]
Bitcoin’s brief dip below $50,000 coincided with the highest weekly trading volume (~$99B) since the November 2022 FTX collapse. Bullish trader sentiment leading up to this crash has pushed the average returns of BTC wallets active in the past 30 days to their lowest point in 26 months. 📊 Bitcoin's […]
As Bitcoin hovers just above $66,000, notable activity is observed in the transfer of unique tokens between wallets. Recently, 244,000 BTC were circulated in a single day, marking the highest level since March 5th. This uptick in Bitcoin activity suggests a gradual return of utility to levels last seen during […]