Cryptocurrency News
Solana stands out as one of the few altcoins surpassing Bitcoin’s performance this week, reclaiming a position above $102 despite Bitcoin’s 3% surge in value. Notably, $SOL / $BTC has seen a 4.5% increase in the last 36 hours alone. Earlier this week, on Tuesday, February 6, the Solana blockchain […]
Chainlink recently broke out of an accumulation phase and is now up by 23% in seven days. It faced rejection and cooled off briefly. While the price remains strong, it may undergo a slight pullback to fuel a fresh increase. Following late January resurge from $13.3, Link climbed above the […]
While Tron ecosystem has attracted a lot of volumes in the past months, its price increased exponentially with over 100% gain in the past year. It is trending highly bullish this month following a recent breakout. The continuous increase in TRX’s price has gained a lot of traction amongst traders […]
Litecoin has shown little strength following the latest surge in Bitcoin’s price but it is still finding it difficult to push above its two-week high. An increase above $80 should bring the coin out of its short-term bearish phase. After rolling back to its local bottom in January, Litecoin saw […]
Bonk appeared to be resuming bearish correction again after staying calm for a week. A clear break below the key $0.00001 support level may trigger a huge drop. Selling pressure appears low at the moment. After correcting by more than 30% to $0.0000093 earlier this year, Bonk bounced and found […]
Doge’s trading has entered a crucial support zone after witnessing several losses in the past months. Amid the latest volatility shrink on the daily chart, it appeared to be preparing for a big expansion. The leading meme coin – Doge has halted selling for the past couple of days as […]
Shiba SHIB has charted some notable loss in the past weeks and has continued to appear weak by the day. It recently initiated a drop, but the gravity is yet unknown if the price will go through or not. Despite a series of lower highs in the past weeks, Shiba […]
In the wake of the SEC’s approval of 11 Spot ETFs just four weeks ago, the number of wallets holding Bitcoin continues to dwindle. This trend is attributed to the prevailing fear, uncertainty, and doubt (FUD) among investors, alongside the increasing array of alternative investment options competing for attention. 📉 […]
Ethereum stakers and holders received encouraging news this week as reports surfaced of significant Ethereum withdrawals from crypto exchanges. Over the past week alone, approximately $500 million worth of Ethereum was withdrawn from exchanges, contributing to a total outflow of $1.2 billion in Ethereum over the past month. Notably, around […]
Recently, a substantial number of Lido DAO (LDO) tokens found their way to Binance, the renowned cryptocurrency exchange platform, courtesy of Brevan Howard Digital, a prominent US-based crypto investment firm also recognized as Dragonfly Capital. According to insights from the on-chain analytic firm Spotonchain, Brevan Howard Digital completed the transfer […]
In recent hours, significant activity among whales has sparked attention in the cryptocurrency market, particularly surrounding the perpetual protocol’s token, $PERP. On-chain data analyzed by spotonchain revealed a noteworthy transaction involving Binance Labs, which deposited 750K PERP ($784K) into Binance at $1.05. This move follows a two-year period of inactivity […]
Bitcoin continues to assert its dominance in the financial landscape, with approximately $7.7 billion worth of economic value processed daily through Bitcoin transfers, underscoring its robustness. #Bitcoin Transfer Volumes remain extremely robust with around $7.7B/day in economic volume processed. However, an elevated presence of large size entities can be observed, […]
Amid market calmness, Ethereum continued to recover but it is likely to face a key resistance soon. Failure to push above this resistance may lead to another drawdown. Its bullish trajectory remains intact from a short-term perspective. Ethereum has shown no sign of correcting lower with the latest price action […]
BNB remained under bearish correction as it continued to respect a six-week resistance line. Despite multiple rejections, it has managed to stay above an important mark level. A drop below it could lead to more correction. Following a slight bearish close in January, BNB started this month with a consolidation […]
Solana has turned slightly weak since it rejected the $106 level in late January, although the trend remains bullish on the higher timeframe. A bounce above last month’s low could fuel an increase. Otherwise, it may break down. The recent indecisiveness in the market has made Solana’s next move unpredictable. […]
Pepe initiates the recovery phase and despite the recent market volatility, can rise to $0.000002 Floki is to soon break above $0.00003 and reach $0.000046 by the end of 2024 Meme Moguls grabs significant attention as the team announces Game Preview and Uniswap listing Floki (FLOKI) has experienced significant volatility […]
$LBR, a project in the LSDfi space, launched by an anonymous team with backing from Tornado Cash funds and endorsed by prominent figures like Blurr.eth ($RFD deployer) and Michael Patryn (@0xSifu), has encountered a substantial downturn. The project witnessed a remarkable TVL surpassing 100M within a month of its inception […]
Binance has officially declared the listing of $RON token, with preparations underway since the token collection on January 26th. As of now, the Binance hot wallet 0xb32…bAFA3 contains 432,000 RON, valuing at $1.21 million. Bingo😉币安官宣上 $RON 啦，01.26 的代币归集果然是在为上币做准备 目前 #Binance 热钱包 0xb32…bAFA3 已持有 43.2 万枚 RON，价值 121 万美金，地址传送门 👉 https://t.co/hZ4NJxSv6h […]