Cryptocurrency News
Despite posting over 20% loss in three weeks, BNB’s market structure remains bullish on the macro level. Although the bears are technically taking charge, they will likely reach an exhaustion point soon. Along with other major altcoins, BNB registered a lot of loss over the past week, breaking below the […]
Solana appeared strong today following a 9% recovery over the last 24 hours. While it remains under the bears’ radar on the micro level, it may resume drops if the bulls fail to sustain pressure above the monthly high. Yesterday, Sol faced rejection on the way down and further halted […]
Tether has announced a strategic transition to prioritize community-driven blockchain support, revealing plans to discontinue USDT support on EOS and Algorand. This transition will be completed within the next 12 months, marking a significant shift in Tether’s strategy. Tether announced a strategic transition to prioritize community-driven blockchain support. Tether will […]
Despite a turbulent market, $POPCAT has demonstrated remarkable resilience and strength. 🚨 TOP 10 #Crypto gainers In The Last 24hours (among top 500) 🔥 🚀#POPCAT 60.22% #MOG 50.13% #NOS 36.65% #DORA 29.21% #SHDW 26.87% #APU 25.01% #WIF 23.37% #TRUMP 21.97% #AGIX 21.57% #LISTA 21.23% Source: #CoinMarketCap pic.twitter.com/urfIAAfsoI — CoinEcho (@mycoinecho) […]
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and […]
According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]
The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% […]
While most cryptocurrencies are experiencing a severe bearish trend at the beginning of the last week of June, Solana’s largest memecoin, Dogwifhat ($WIF), has bucked the trend with a slight bullish uptick, rising by 3% today. However, despite $WIF’s modest gains, a significant whale in the market has suffered substantial […]
Tomorrow, June 25, 2024, marks the launch of the Floki Trading Bot (open beta) on the mainnet, poised to transform the trading bot landscape. This new bot could buy and burn up to $5 million worth of $FLOKI monthly, potentially ensuring stronger demand for $FLOKI compared to its competitors like […]
Ethereum continued to show signs of weakness weekly as it broke below a key support level in the latest dip. The bears are regrouping on the lower timeframe as bigger drops lurk around the corner. From $3,977, Ethereum saw a lot of reductions in the past weeks and lost some […]
Bitcoin’s fear and greed index neutrally stands at 55 after weeks of decline. It just lost grip again and fell into the $61k range, looking poise for a massive sell-offs. This crucial support line may pose a threat. Bitcoin’s daily outlook is getting uglier by the day following a steady […]
In continuation of the dip, Avax appeared weaker on the daily chart following another 10% weekly loss. This puts the market in a better selling condition, creating a new yearly low. Bigger moves lurk around! The past months have marked a tumultuous period for Avax as it advanced bearish after […]
Cardano’s ADA trajectory remains bearish on the weekly chart but it has suspended selling and now looks calm on the day. More selling should be expected as it is yet to find solid support for reversal. So far, ADA has registered a 40% loss in the last three months and […]
As the trading week comes to a close, Bitcoin is hovering in the $63,000 to $64,000 range. A significant supply barrier has formed, with approximately 5.45 million addresses having acquired 3.03 million BTC between $64,300 and $70,800. This concentration of holdings at higher prices poses a risk of a steep […]
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($SOL), Cardano ($ADA), and Chainlink ($LINK) have experienced even steeper drops, each falling more than 25% from their recent highs. Despite the stock market reaching […]
An insider has remarkably turned 23 SOL, approximately $3,300, into 11,229 SOL, or $1.69 million, within just two days, showcasing a series of highly lucrative trades. The insider’s first notable trade involved an investment of 7.1 SOL ($1,200) into HULK (HULKAMANIA). This investment was made through multiple addresses 15 days […]
The native token of the blockchain game Illuvium, $ILV, has experienced a sharp decline of over 5.3% within a few hours. The price dropped from $71.2 to $65.85, sparking concern among investors. The #GameFi altcoin $ILV, the native token of blockchain game @illuviumio, plunges 5.3% in the last 1 hour‼️ […]
ORDI is up today following a three-day bounce off a monthly low. It looks poise for an increase but buying volume appears low. Despite that, it is leading the market’s top gainers chart with a 4% gain since yesterday. In the latest meltdown, Ordi lost almost 50% of its value […]