Cryptocurrency News
Bitcoin is experiencing a downturn in exchange-related on-chain activity, indicating decreased investor interest and reduced network usage. Bitcoin's trend continues to lean bearish, currently hovering just above a critical demand zone. Keep an eye on the 61.9k to 63.8k range for potential support https://t.co/SzLyfHHNHM pic.twitter.com/gVtDu8DZj7 — IntoTheBlock (@intotheblock) June 21, […]
Most meme coins have witnessed a serious reduction during this selling phase but they have taken a break while posting some gains amid the latest market recoveries. Shiba currently sits above support with a 4% gain. Following a short bounce near the $0.00003 level late last month, Shiba Inu encountered […]
Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]
Ethereum recently took a slight bearish break to retest the $3,660 level but is currently down 1% amid the latest drops in the market. A dip below last week’s low should confirm more meltdowns soon. So far, Ethereum’s value has decreased by more than 10% since it initiated drops from […]
The crypto market has been bleeding red over the last couple of weeks, with many established players taking double-digit hits. Many crypto ICOs seem unaffected as they continue to gain more volume, with projects like Algotech (ALGT) leading the pack and BlockDAG (BDAG) and PEPE following. Can BlockDAG (BDAG) scale […]
As expected last week, Litecoin initiated a surge yesterday and dropped below a wedge pattern, confirming a bearish pennant breakdown on the daily chart. it appeared weak and now follows a bearish sentiment. The last two months of trading have been an interesting period for LTC as it regained momentum […]
While reaccumulating for the next leg up, Doge witnessed an unexpected move and dipped to a new monthly low in the latest clampdown. It has recovered slightly overnight but appears set for another drop as bias turned bearish. Doge has posted a substantial gain in the past month in continuation […]
The Ethereum layer 2 blockchain, Optimism, has been facing bearish trends across all timeframes for its $OP token, as highlighted by Coinmarketcap data. Amidst price volatility and market uncertainty, OP trading volume spiked by over 70%. A recent report from Spotonchain revealed that a whale sold 2.095 million $OP tokens […]
Earlier this month, Toncoin found support and started to increase after undergoing a short correction in April. That increase brought a full price recovery but it appeared to be rolling back following this bearish pattern. From $7.6 during last month crypto clampdown, TON took a sharp downturn and slowly declined […]
The sentiment surrounding top cryptocurrency assets continues to lean towards negativity, a trend that has persisted since the Bitcoin halving on April 19th failed to immediately spur market growth across the crypto sector. With uncertainty prevailing, the departure of small wallets from the market may serve as the catalyst needed […]
The Lido DAO token (LDO), integral to the decentralized finance (DeFi) protocol operating on the Ethereum network, has experienced a 7% decline in value today. Currently ranked at number 65 among cryptocurrencies, LDO’s performance appears bearish across daily, weekly, and monthly charts. In recent hours, notable activity involving LDO has […]
Despite the prevailing bearish sentiment in the cryptocurrency market today, Frontier $FRONT, the decentralized finance aggregator, has emerged as a standout performer, boasting a remarkable 112% gain over the past 7 days. At the time of writing, FRONT is up by an additional 8%, demonstrating its resilience in the face […]
After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]
Decentralized Exchanges Jupiter and DYDX to Become Mainstream in Bear Market? DTX Seems Poised for Growth As the cryptocurrency bear market unfolds, decentralized exchanges (DEXs) like Jupiter, dYdX, and DTX are gaining traction among traders. These platforms are celebrated for their robust security, minimal dependence on centralized authorities, and the […]
Solana SOL saw a nice recovery in the mid-month but quickly lost steam after retesting a key price level. It is currently in the red following a 15% cut in the last eight days. Now looking for another solid ground to halt selling. Last week, Solana traded as high as […]
Today, the crypto markets received a significant boost as Bitcoin surged back to $64.9K, just hours before its highly anticipated halving event. This resurgence in Bitcoin’s price has sparked optimism among investors, signaling potential upward momentum in the market. 📈 #Crypto markets have seen a boost today, as #Bitcoin has […]
Recent market movements have sparked discussions within the cryptocurrency community, with many suggesting that the bull market has come to an end following Bitcoin’s 16% drop from its all-time high of $73.6K reached on March 14th. As sentiments shift towards bearish territory, historical trends indicate a potential reversal in prices, […]
Alongside other meme coins, Dogecoin recovered from a dip a few days ago and revisited a key price level yesterday. Unfortunately, it faced rejection there, dropped and now appears weak on the intraday trading. Last week, Doge witnessed a notable loss following a bearish crossover from the previous month. It […]