Crypto

Crypto, News

Ethereum Shows Price Rebound Potential As Opportunity Rises For Patient Traders

Ethereum’s current price of $1,700 presents a scenario where $ETH stands out within the realm of top cryptocurrencies, drawing attention due to growing trader impatience. This impatience stems from its historically significant price volatility and the tendency for wallets to offload coins at lower price levels. The relationship between wallet […]

Crypto, News

Memecoins Surpasses Stablecoins Like $USDT and $USDC In Terms Of Gas Consumption

In recent times, the metrics tracking of fee distributions among assets by @santimentfeed reveals an intriguing development: certain memecoins have managed to surpass established stablecoins like $USDT and $USDC in terms of gas consumption. This atypical phenomenon is commonly observed during periods of heightened speculative trading activity. Trading Volume And […]

Crypto, News

Ethereum Network Surges As Whales Hit New Milestone

During the recent market decline that pushed Ethereum’s price below $1,650, the network witnessed a significant increase in large address activity, reflecting the heightened volatility in its price. This phenomenon indicates that both retail and institutional investors are actively engaged in trading and transferring Ethereum during these turbulent market conditions. […]

Crypto, News

Three Altcoins(LTC, XRP, XLM) On Recovery Path After The Crypto Meltdown Last Week

Last week, the cryptocurrency market experienced a widespread drop in market capitalization, affecting various altcoins, including Litecoin ($LTC), Ripple ($XRP), and Stellar ($XLM). However, recent developments indicate that these altcoins are showing signs of recovery, with market value to realized value metrics indicating that many traders are currently facing significant […]

News

Cardano Regains Top Development Activity Slot, Polkadot And Kusama Makes Solid Moves As Well

In 2023, the development landscape in the cryptocurrency space witnessed intriguing dynamics. Polkadot and Kusama, both known for their innovative approaches to blockchain interoperability, initially dominated GitHub activity, showcasing their commitment to continuous improvement and technological advancement. This active involvement signaled their dedication to refining their platforms and fostering a […]

Crypto, News

The Crypto Market Just Recorded The Biggest Liquidation Since The FTX Exchange Blowup

The recent sharp decline in Bitcoin’s price from $29k to $25k within 24 hours has sent shockwaves through the cryptocurrency market. This significant drop has resulted in the liquidation of 174,892 traders, amounting to a staggering $1.04 billion in total liquidations.  Biggest Liquidation Since FTX Collapse Long positions totaling $843.83 […]