Cryptocurrency News
The recent Bitcoin halving on Friday has reignited discussions surrounding the cryptocurrency’s high transaction fees, particularly in light of the Runes Protocol’s debut. While some view the surge in fees as a drawback, others argue that it could ultimately benefit the broader crypto market by prompting a rebound. 🤑 High […]
Polkadot DOT has recovered nicely from its monthly low but is currently weak due to a small decrease in the global market cap. However, more growth is expected if the buyers continue to show interest. The past few days have been a sigh of relief in the crypto space as […]
Two weeks ago, Arbitrum ARB climbed back above a key psychological level after dipping near the bottom during the last correction. It is currently in the middle of consolidation, gathering volatility for the next major move. Looking back from where the price started to drop in January, ARB went through […]
Bitcoin’s BTC fear and greed index now stands at 62 following recent bullish sentiment surrounding the market. Its dominance level increased by 2% since last week and the price entered a new trading range today. As expected, Bitcoin’s landscape is slowly changing on the daily chart since the price bounced […]
Following a series of selling in the past month, ETH tested a two-month low and found support. It is slowly regaining strength and now aims at a confluence resistance line, where a potential breakout may occur. Ethereum ended last week’s trading a bit strong after posting losses in the preceding […]
Ethereum has shown signs of recovery, surpassing the $3000 mark and currently trading at $3,200, after experiencing a dip below $2,900 in the past week. On-chain reports indicate that whales are actively accumulating ETH, contributing to the token’s recent uptick. According to Lookonchain data, there are indications that Justin Sun, […]
A new memecoin on the Solana blockchain, $Gummy, has witnessed an astonishing surge of over 55% in the past day, reaching an all-time high of $0.1985 before settling at $0.1799 in current trading. According to insights from Lookonchain, an individual trader experienced an extraordinary return on investment, turning $9,770 into […]
Bitcoin is currently teetering on a crucial demand zone, where approximately 1.66 million addresses have acquired it at an average price of $64,800. This zone holds significant potential to serve as a robust support level, offering a buffer against further downward pressure in the market. Bitcoin is currently positioned right […]
Despite experiencing a slight decline of 2% in the last 24 hours and 2.5% over the past week, dogecoin, the renowned memecoin, appears to be poised for a significant upswing to the $1 mark, according to analyst Ali Martinez. Martinez’s analysis suggests that Dogecoin is exhibiting its characteristic pattern once […]
Floki has been gaining traction since yesterday due to a sudden surge in volatility. While the trend is still in a downward range on the short-term outlook, the bulls are trying to step back with a strong commitment. Last weekend marked a temporal halt in Floki’s bearish pattern after experiencing […]
Bonk Inu is regaining strength amid the latest recovery in the global market cap. It is leading the top gainers chart with an impressive gain overnight but appeared to be facing a small hurdle at press time. Halting short-term correction above $0.00001 last week, Bonk stayed calm for some days […]
Today, the memecoins $BODEN, $WIF, and $PUPs have witnessed significant bullish price movements, with gains of 20%, 13%, and 17% respectively. These price surges suggest increased accumulation by whales within the cryptocurrency market. Data from Lookonchain reveals that a notable whale activity occurred, with a whale purchasing 1.8 million $BODEN […]
The cost of making transactions on the Ethereum network has significantly decreased to just $2.07, a notable decline from the $15.21 observed on March 4th during a period of high demand. This reduction in transaction fees reflects the cyclical nature of market sentiment in the cryptocurrency space, often characterized by […]
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 […]
 Losing more than 25% in seven days, Dogecoin DOGE alongside other meme coins have posted huge losses since late March. It currently follows a bearish sentiment with a new sell order block forming. Towards the end of the first quarter, Doge started to show signs of weakness after exploding massively […]
Amid negative market sentiment, Cardano ADA is down 26% weekly despite remaining indecisive for days. But it seemed the supply level is rising again following the current bloodbath – brews for another sell-off. Cardano took a sharp turn six weeks ago after increasing by 2x in five months to tap […]
The Solana-based memecoin, $BOME (Book of Meme), once a hot commodity that attracted significant investor interest during its peak in February/March, has since experienced a considerable decline of over 150% from its all-time high of $0.028. Currently, the token is trading at $0.0094, marking a 25% decrease in the past […]
Polygon’s native token, MATIC, has experienced a significant downturn this week, shedding approximately 23% of its value and currently trading at $0.677. In the midst of this market decline, Amber Group, a prominent player in the crypto space, made a notable move by recharging 12.75 million MATIC tokens to Binance, […]