Cryptocurrency News
Bitcoin, the digital gold standard, has shown remarkable resilience, maintaining a steady price level at around $27,400. While the broader crypto space exhibited some volatility, a couple of altcoins have stood out during this period, notably Monero (XMR) and Render Token (RNDR), both showing positive gains. Steadfast Bitcoin In a […]
Ethereum (ETH), one of the leading cryptocurrencies, has seen ongoing trends in wealth accumulation among its top holders, both on and off exchanges. This is occurring as ETH’s market value remains relatively stable at just above $1,570. Exchange and Non-Exchange Wealth Distribution As of the latest data, approximately 8.51% of […]
It‘s common to see market corrections, with some altcoins declining in value. However, amid this backdrop, intriguing patterns have emerged as certain outliers, such as $DYDX, $OCEAN, $TUSD, and $REQ, exhibit increased whale activity. What could this mean for these assets, and should we be keeping a close watch? Altcoin […]
Recent data reveals that Bitcoin HODLers, those who accumulate and hold onto their digital gold, are making a strong resurgence, further reinforcing the cryptocurrency’s position as a store of value. A New Level of Accumulation Bitcoin has a fixed supply of 21 million coins, making it a scarce and deflationary […]
Apecoin found temporal support in September and took a small break for recovery. But it encountered resistance this month and resumed selling. It has seen a 5% loss this week and continued to crack down. During the global crypto price recovery last month, Ape saw a 15% increase and retested […]
The recent shift in focus from cryptocurrency price discussions to the Israel-Palestine conflict reflects the dynamic nature of the crypto market, which can be influenced by global events. While the conflict has not yet had a significant impact on the crypto market, there are several ways in which further escalation […]
The XRPLedger, the blockchain network powering the digital asset XRP, has witnessed a notable shift in whale activity throughout 2021 and 2022. While there has been a reduction in the frequency of whale transactions, these large players continue to accumulate significant amounts of XRP. Transaction On XRPLedger In Previous Years […]
In recent weeks, Tether (USDT), the world’s largest stablecoin, has shown remarkable resilience and heightened activity on the blockchain. The surge in onchain activity and accumulation of USDT in specific wallet categories signal growing interest and confidence in the stablecoin. Active USDT Addresses Hits New High Active addresses for USDT […]
As of October 10th, 2023, BNBChain, the blockchain network associated with Binance Coin (BNB), is buzzing with developer activity across various projects. These statistics, sourced from Santiment, highlight the commitment of developers to enhancing the BNBChain ecosystem. TrustWallet Leads The Pack Leading the pack is TrustWallet, with a remarkable developer […]
Arbitrum resumed bearish impulse this month after experiencing a three-week retracement from its recent yearly lows. It has registered a staggering 14% loss since it rejected $1. More breakdown is imminent. Looking back from where the price started to fall at $1.8, ARB has lost more than half of its […]
In the fast-paced world of cryptocurrency trading, even a single wallet’s actions can have a significant impact on the market. A recent event involving an early holder of Metal DAO (MTL) serves as a compelling example of how individual decisions can sway prices and create trading opportunities. Selloff Pressure From […]
Insider trading, a prohibited practice in traditional financial markets, poses a similar threat to the cryptocurrency ecosystem. This unethical behavior occurs when individuals with privileged access to non-public information about a cryptocurrency project or exchange use that information to gain an unfair advantage in trading, often at the expense of […]
Bancor, a decentralized exchange and cryptocurrency project, recently experienced a remarkable surge in its price, gaining an astounding 71% in just 24 hours as the weekend drew to a close. This sudden price rally has caught the attention of the crypto community, and it’s not the only exciting development surrounding […]
Ethereum, the second-largest cryptocurrency by market capitalization, has recently seen its price tumble to $1,570, raising concerns and sparking debates within the crypto community. The drop in Ethereum’s value has led to a growing polarization among traders, as market sentiment becomes increasingly divided. Ethereum Historical Low Fees One notable aspect […]
BTC dominance has increased to 50% as the global market cap recovered to $1.1 trillion in the past week. It appeared a bit weak today and remained indecisive as the crypto fear and greed index stands at 45. Bitcoin entered this week in a neutral mode as it failed to […]
After rejecting a vital resistance level earlier this week, Polkadot’s price slipped and remained calm above its 2-year low. A crash from there could see the price tank by 25% before finding a solid level for recovery. Last month saw many top altcoins through a mini-recovery as they increased above […]
Tron’s bullish trajectory remains intact from a mid-term perspective. But currently, the momentum is temporarily stalled due to a slight retracement this week. It has found support nearby and now looks prime to resume buying. Following August’s bounce from $0.072, which is around the lower boundary of a channel, TRX […]
The ongoing conflict between Israel and Gaza has had a mixed impact on the cryptocurrency market. On the one hand, the war has led to increased volatility in the market, with prices of many cryptocurrencies fluctuating wildly. On the other hand, the war has also highlighted the potential of Bitcoin […]