Transaction fees on the Ethereum network have reached their lowest point in six months, largely due to the increasing adoption of layer 2 (L2) scaling solutions. In April, L2 projects accounted for a record-breaking 82% of all transactions, signaling a significant shift in how users interact with the blockchain. The […]
Search Results for "Metaverse"
Bitcoin Funding Rate Rises Amidst On-Chain Activity Slump
Bitcoin’s recent surge in funding rate on exchanges like DyDx and Deribit is causing concern among crypto enthusiasts, who are wary of history repeating itself after last week’s market top. With bullish sentiments prevailing, there’s a desire to keep Bitcoin FOMO (Fear of Missing Out) in check, ensuring that shorts […]
Render Token Sees 11% Drop As Multicoin Capital Makes Major Deposit
Render Token, an Ethereum-based distributed GPU rendering token, faced a sharp decline of 11% in its value today, marking a significant downturn in its price. This drop comes amidst a period of volatility in the cryptocurrency market, with investors closely monitoring developments within the ecosystem. According to data from Spotonchain, […]
Ethereum Memecoin $PEPE Surges As Whales Accumulate Profits
The Ethereum memecoin $PEPE has seen a remarkable surge, hitting an all-time high of $0.00001127 today with a market cap surpassing $4.5 billion. This represents a significant gain of over 11% for the day and 32% over the past 7 days, making it the second largest crypto memecoin in the […]
Lido DAO Sees Decline As Amber Group Recharges Tokens On Coinbase
Lido DAO, known for its decentralized autonomous organization providing liquid staking services for various blockchains, including Ethereum and Polygon, experienced a further decline of 6% today, nearing the $1.5 mark. Recent on-chain data confirms reports that Amber Group, a prominent player in the crypto space, has once again recharged 1 […]
ETHEREUM PRICE ANALYSIS & PREDICTION (May 13) – ETH Faces Resistance At $3k Following Latest Surge, Will It Overcome?
Ethereum ETH appeared to have found firm support as it failed to advance bearishness over the past month. It remained stagnant for days but is now showing signs of strength following a 1% gain since yesterday. Rolling back under the crucial $3,000 level last week, Ethereum became weaker and looks […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 13) – BTC Surges 2% Daily To Retap $63,000 Range In A Fresh Increase, Are The Bulls Back?
The latest surge in Bitcoin’s price seemed to have restored bullish hope as it bounced off a key level last week. It reiterated positive actions today and is now looking poise for a shift amid a fresh surge. Starting this month on a bullish note, Bitcoin recovered nicely from a […]
Ethena Faces Further Decline As Whales Capitulate Amid Losses
The Ethena token (ENA) has continued its downward trajectory, experiencing a 4% decline today and a significant loss of 34% in value over the past 30 days, indicating ongoing challenges for investors. One notable event contributing to the downturn is the capitulation of a significant whale investor who decided to […]
Lucky Traders Ride KITTY Meme-Coin Surge To Impressive Gains
In a remarkable turn of events, two fortunate traders have found themselves reaping substantial rewards from their investments in the meme-coin KITTY, witnessing astounding gains of up to 49 times their initial investment in just one month. This surge in value comes on the heels of the return of The […]
Tellor ($TRB) Witnesses Impressive 112% Gain In 30 Days As Whales Capitalize On Price Surge
The decentralized Oracle protocol, Tellor ($TRB), has experienced a notable uptrend over the past month, with its value soaring by an impressive 112% within this period. In the realm of cryptocurrency, Tellor stands out as one of the top performers in terms of weekly gains, having surged by 47% in […]
LITECOIN PRICE ANALYSIS & PREDICTION (May 13) – LTC Signals Bullish But Not Clear Enough Due To Low Volatility
Despite a month’s bounce back from a correctional phase, Litecoin LTC is still trading in a bearish zone as it struggles with volatility. Although it shows signs of bullish, but not clear enough to initiate an entry. During last month’s recovery across the crypto space, LTC managed to stay above […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (May 13) – BNB Remains Flat As It Faces Confluence Resistance, Can It Break Above $600?
BNB’s bullish trajectory remained intact on the daily chart, although it has faced a key psychological resistance for over a week. A clear cross above this resistance could set the crypto for a massive explosion. Unlike many altcoins in the past months, BNB did not see many losses during the […]
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (May 12) – Ordi Remains Weak, Still Finding A Key Solid Level
Ordi is still following a negative sentiment due to recent bearish market behaviour. While searching for a solid support level, it has shed roughly 53% loss so far, occupying the top losers’ spot on a weekly scale. The past two months have been an ugly moment for Ordi as it […]
AKASH NETWORK PRICE ANALYSIS & PREDICTION (May 12) – AKT Sees Full Recovery, Looking Set For A Massive Explosion
AKT has registered a notable gain since the start of the month, gaining traction in the continuation of its recent recovery from a short correctional phase. Following the latest increase, it is currently the market’s top gainer following a 45% weekly jump. The past two months saw AKT through a […]
Genesis Trading Initiates Asset Deposit To Gemini Following Bankruptcy Declaration
In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), […]
VELO And UMA Surge In Crypto Trading Circles
There’s a buzz in the crypto trading community surrounding two standout tokens: VELO and UMA. VELO, often dubbed the “XRP of South East Asia,” has seen an impressive surge in its price, gaining 358% in just six weeks. Meanwhile, UMA has caught the attention of traders with a significant 50% […]
Crypto Market Sentiment Remains Bearish Despite Resilient Trends
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 […]
Cryptocurrency Whales Make Significant Sales Of ENA Amidst Launchpool Buzz
Recent on-chain data suggests that notable cryptocurrency whales may have initiated substantial sales of ENA, a project launched on Binance’s Launchpool platform, which has garnered significant attention in the market. According to insights from Spotonchain, two whales executed deposits totaling 17.33M $ENA (equivalent to $15M) to Bybit within the past […]