Cryptocurrency News
A few months ago, optimism around Bitcoin was at its peak, with many expecting new all-time highs. However, that enthusiasm has since shifted, leaving investors wondering whether this is merely a quiet phase or the start of a prolonged bear market. 🧵A few months ago, optimism was soaring, with many […]
TRON has reported a strong performance for August 2024, with positive growth recorded across multiple metrics, including fees, revenue, and total earnings. The platform’s Total Value Locked (TVL) remained stable above the $8 billion mark, while USDT continues to dominate TRON’s stablecoin market cap, accounting for approximately 99% at $58.5 […]
Ethereum’s Layer 2 (L2) ecosystem is experiencing explosive growth, with Base and Arbitrum One emerging as the top contenders, boasting over 1.5 million active addresses combined. Base, in particular, has seen a remarkable rise in 2024, with active addresses skyrocketing from near zero to 1 million in just nine months. […]
USDT holdings on cryptocurrency exchanges have been climbing, hinting at a potential wave of buying pressure in the market. According to data from IntoTheBlock, $300 million worth of stablecoins flowed into exchanges yesterday, suggesting that investors may be positioning themselves to capitalize on the recent market dip. $300 million worth […]
Dogecoin recently regained strength after witnessing a massive drop in the past months. While its bearish structure remains intact on the daily scale, it is currently looking bullish following a short rebound. August saw Dogecoin through an end to a broader correction following a monthly back-to-back drop to a local […]
As the global market cap increases this week, Apecoin’s price increases and reach a new milestone in two months. This came after reestablishing support above $0.5, now sets for a strong recovery in the short-term. After plummeting below its launch price in mid-June, Apecoin advanced bearish and recorded another 50% […]
The bulls have continued to suffer a loss on a monthly scale as the market recently resumed a sell-off. This puts Ethereum in a more bearish state as it declined by 45% in four months. It is redistributing for a huge drop. ETH saw a slight rejection after almost reclaiming […]
Last Friday, Bitcoin saw a pause in selling after shedding a 12% loss in two weeks. It has been in a retracement mode for three days and is likely to resume selling as the price reaches a key breakdown level. Bitcoin’s mid-term outlook is still under the correctional phase following […]
Polygon’s recent migration from $MATIC to $POL has sparked significant changes, leading to data anomalies in its first few days. After a year of community discussions, the MATIC to POL upgrade is now live, marking a major milestone in Polygon’s evolution. From now on, all transactions on Polygon PoS will […]
As traders eagerly await a possible rebound in Bitcoin and the broader crypto market, three notable assets—Cardano (ADA), Quant (QNT), and Holo (HOT)—have seen a sudden spike in address activity. Historically, when coins experiencing a decline in value suddenly witness such activity increases, it often indicates a potential price bounce. […]
This week, Bitcoin experienced $728 million in withdrawals from exchanges, signaling that large holders are continuing to accumulate despite the ongoing price decline. Addresses holding between 100 and 1,000 BTC have been steadily increasing their positions, even as Bitcoin’s price remains under pressure. Bitcoin experienced $728 million in withdrawals from […]
$AAVE, one of the leading DeFi tokens, is experiencing a notable surge, climbing 6% in the past hour. It’s been one of the top tokens accumulated by “smart money” over the last 24 hours, signaling strong interest from investors. Even during the bear market, $AAVE consistently generated over $1 million […]
Once a top SocialFi project backed by tier 1 venture capital firm Paradigm, Friend.tech $FRIEND is now facing serious challenges. Today, the $FRIEND token experienced a significant drop of 40%, leaving investors increasingly concerned about the future of the project. The price decline comes on the heels of the development […]
Recent on-chain data from Lookonchain reveals that whales are increasingly accumulating $SUNDOG. In the past four days alone, three newly created wallets have withdrawn a significant amount of $SUNDOG from MEXC. Wallets labeled TEKzxy, TGNrkv, and TPXvFH were all created within the same timeframe and collectively withdrew 6.8 million $SUNDOG, […]
The $MAGA token, a leading force in the Politifi sector, is currently trending as the #1 token on DEXTools, even as buyers seize the dip opportunity. The biggest Politifi brand, narrative, and ticker, $MAGA, is trending #1 on DEXTools, even during a buy-the-dip opportunity. 🚀💰 pic.twitter.com/yPyqYzdn8s — $MAGA (@MagaHAT_ETH) September […]
A recent study from CoinGecko has revealed Magic Eden as the top marketplace for Bitcoin-based Ordinals NFTs, commanding an impressive 61% market share. Our study shows Magic Eden is the top Ordinals marketplace, with a 61.0% share and $1.79B in NFT trading volume on Bitcoin YTD, more than doubling OKX's […]
Helium (HNT) has seen a remarkable surge of 18% over the past week, standing out in a period where most major cryptocurrencies faced losses. With HNT’s price climbing above $8.3, the token has demonstrated resilience and impressive performance against broader market trends. #CMCNews: Helium (HNT) has surged by 18% over […]
Chainlink (LINK) is experiencing its highest level of social media discussion in 2024. This surge in engagement, combined with a drop in the total number of holders, could signal positive potential if market conditions stabilize in the coming week. Currently priced at $10.22, LINK has dropped 18% since reaching a […]