In the world of memecoins, there’s been a notable uptick in activity over the past week, with Ethereum-based memecoin $PEPE leading the charge with a 24% gain. However, amidst this surge in popularity, significant whale activity and smart money maneuvers have caught the attention of market participants. According to on-chain […]
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ETHEREUM PRICE ANALYSIS & PREDICTION (May 6) – ETH Bears In Disbelief Amid Recovery As It Revisits $3,200 Range With Rejection, What’s Next?
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. […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 6) – BTC Retests $65k Following 15% Weekly Gain But Now Losing Steam, Will It Regain Strength?
Bitcoin recently underwent a serious reduction as it dipped to a two-month low. However, it has regained some lost ground in the past few days following a monthly recovery. It is facing resistance at the moment. Last month was an ugly period for Bitcoin, witnessing a notable break below the […]
AVALANCHE PRICE ANALYSIS & PREDICTION (May 5) – Avax Resurges After Establishing Base Support, Sets For A Huge Price Movement
Avax appeared bullish following a steady increase in the last five days. Although it looks indecisive, but remains strong on the intraday trading. More gains should be expected if the bulls continue to sustain pressure. After going through a lot of reductions in the past weeks, Avax eventually found a solid […]
SOLANA PRICE ANALYSIS & PREDICTION (May 5) – Sol Is Footing Fresh Bullish Move But Can It Close Well Above $150 This Week?
Despite registering several losses in the past weeks, Solana’s ecosystem continued to grow and expand monthly as new tokens are birthed. Due to this week’s surge, it has regained momentum and is now bouncing back on the daily chart. Most larger cap altcoins have recovered well since the mid-week, including […]
FLOKI PRICE ANALYSIS & PREDICTION (May 5) – Floki Forms Bullish Pattern: Signals A Fresh Buy Following An Impressive 14% Daily Surge
After recovering above a key psychological level some weeks back, Floki pulled back and found another support this week. It later showed signs of strength and slowly built up as it formed a fresh bullish pattern. The meme coins industry is slowly coming up again following consistent growth in the […]
DOGECOIN PRICE ANALYSIS & PREDICTION (May 5) – Doge Regains Strength After Weeks Of Decline, Are The Bulls Back?
Dogecoin went up 15% today following the latest recovery across the crypto space. It saw a rejection a few hours ago but is still looking strong on the daily scale. An increase above March’s high could bring the bulls back in control. In the ongoing surge in volatility, Dogecoin increased […]
Trader Loses $71 Million In Phishing Attack Due To Address Similarity
A shocking incident has emerged in the cryptocurrency community, with a trader reportedly falling victim to a phishing attack resulting in a staggering loss of $71 million. The unfortunate sequence of events unfolded when the trader, in a routine transaction, created a new address labeled “0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91” and transferred 0.05 $ETH […]
Bitcoin Market Sees Weekend Surge Amidst Shifting Sentiment and ETF Inflows
Over the weekend, Bitcoin experienced a bullish rebound, propelling its market cap to a current high of $64,100, marking an impressive 8.7% increase in just 24 hours. This surge has led to a significant shift in trading sentiment on Binance, with traders swiftly moving from liquidated short positions to long […]
Uniswap’s Native Token Surges As Whale Transfers Millions In Assets
The native token of the decentralized trading protocol Uniswap has seen a significant surge, with an 11% increase in price and a whopping 51% gain in trading volume over the past 24 hours. As excitement mounts over the token’s performance, a notable development has emerged involving a sizable transfer of […]
Pendle Price Resurgence: Whale Activity And Market Dynamics
After experiencing a notable decline of up to 18% over the past week, the price of Pendle has staged an impressive comeback, surging by 9% in the last 24 hours. The resurgence in Pendle’s price coincided with intriguing activity from Whale 0x982, who appears to be a significant investor in […]
Cardano Prepares For Potential Bull Run After Recent Price Correction
There’s a buzz in the cryptocurrency community surrounding Cardano, with many eyeing it as potentially primed for a parabolic bull run. The recent 50% price drop that ADA experienced over the past month has caught the attention of investors, who see it as a golden opportunity. Drawing parallels from historical […]
XRP Ledger Shows Signs Of Activity As Dormant Tokens Move Amidst Market Speculation
In recent days, the XRP Ledger has witnessed a surge in activity as dormant tokens have begun to move, reminiscent of a similar occurrence back in April. This movement, highlighted by the Token Age Consumed metric from Santiment feed, mirrors the spike observed just before XRP experienced a significant drop […]
Optimism’s OP Surge: High Total Addresses and Whale Activity Propel Growth
Amidst a flurry of activity, Optimism OP, the leading Layer2 project, has experienced a remarkable uptick, with its total addresses surging by 22% over the past week. One notable event in this surge was the significant purchase made by Whale 0x8b9, who invested 2,000 ETH (equivalent to $5.99 million) to […]
US Fed Keeps Interest Rates Unchanged: What It Means For Cryptocurrency Markets
The recent decision by the Federal Open Market Committee (FOMC) to maintain US interest rates within the 5.25% to 5.50% range, a status quo held since July 2023, has elicited mixed reactions within the cryptocurrency community. While unchanged rates would typically be cause for celebration in traditional markets, many in […]
Ethereum Sees Record Network Growth Amidst Price Volatility
Ethereum, the leading blockchain platform, achieved a significant milestone as April drew to a close. On April 28th and 29th, the network witnessed the creation of 266.6K new wallets, marking the highest two-day surge in network growth since October 8th and 9th, 2022. Despite facing price fluctuations, this robust expansion […]
Dogecoin Shows Resilience Amidst Volatility, Analyst Predicts Bull Run
Dogecoin, the popular meme-inspired cryptocurrency, has demonstrated resilience in the face of recent market volatility. Despite experiencing a decline of over 14% in the past week, Dogecoin rebounded by 3% today, sparking optimism among investors. According to insights from analyst Ali Martinez on X, the ongoing price correction observed in […]
Ethereum Memecoin $PEPE Surges 15% Amidst Whale Activity
Today, Ethereum memecoin $PEPE has emerged as one of the top daily gainers in the crypto market, boasting a significant 15% surge in its price. According to on-chain reports, Whale 0x546 has made a notable move by withdrawing 331.3 billion PEPE tokens from Binance, totaling $2.24 million at a price […]