Cryptocurrency News
Last week saw Binance Coin, BNB through a major bounce after returning to a monthly low. It has seen a notable recovery and is now trading near an important resistance line on the daily. A price break is imminent. In the last drawdown, BNB failed to create a new lower […]
After correcting by more than 20% in 13 days, Bitcoin found support and recovered throughout last week. It entered this week a bit calm but is likely to bounce higher in the next few days. Resuming drops could trigger more correction. During a recent price correction, Bitcoin recorded a heavy […]
After breaking out of an ascending triangle this month, TRX rolled back into it and found a solid ground. It regained strength last week and bounced back but is yet to break out of its previous resistance. Last week saw TRX through a small drop but later resurged back to […]
Sui’s trend continued to advance higher despite market’s correction. It has posted an impressive gain so far, making it one of the best-performer in the past week. The price is up again after dropping in the last two days. Reaching a multi-month high of $1.44 in the mid-month, SUI pulled […]
Optimism, OP saw a relief in the last couple of days following a slight recovery across the crypto space. It remains bearish on the daily chart as more selling lurks around the corner. Down 4% in the last 7 days. Following a steady drop for almost two weeks, OP found support […]
Ordinal Protocol, ORDI is down by more than 70% in the last four weeks. It recently found support and recovered briefly but seems to be losing steam again after facing rejection. A fresh crackdown lurks around the corner. After witnessing several drops since the start of the year, ORDI took […]
Despite losing some chunks of dollars in the last couple of weeks, Radium’s price is still up by a staggering 550% in 90 days as it sits above a key support level. It resurged this week and saw a rejection few hours ago. The Solana-based automated market makes (AMM) and […]
The price of $GMT has experienced a downturn recently, with declines of 5% and 11% over the past 7 and 30 days, respectively. In the last 24 hours, the token further dipped by nearly 2%, following reports of a significant transfer of 14.34 million GMT tokens, valued at approximately $3.87 […]
Bitcoin commenced January on a strong note, breaching $48,900 following the introduction of U.S.-based spot exchange-traded funds (ETFs) on January 11. However, profit-taking among investors in Grayscale Bitcoin Trust (GBTC) led to downward pressure, with prices dipping to around $38,500 last week. As the new week unfolds, Bitcoin has shown […]
According to intotheblock, prominent crypto whales and institutional investors have collectively amassed $3 billion worth of Bitcoin this month. The quantity of Bitcoin held in wallets with over 1,000 BTC has surged by more than 76,000 BTC, reaching a total of approximately 7.8 million BTC. 📊#Crypto whales, or large investors, […]
Arbitrum stands out as a powerhouse in the Layer 2 (L2) ecosystem, consistently processing the majority of L2 transaction volume, often exceeding 60% of the total daily L2 volume, as reported by Intotheblock data. Arbitrum generally processes the majority of L2 transaction volume, frequently reaching more than 60% of the […]
As January draws to a close, the cryptocurrency market has shown signs of recovery after enduring several weeks of heightened selling pressure. ChainLink ($LINK) is among the tokens witnessing a slight rebound, inching closer to the $15 mark while experiencing a notable 39% increase in its 24-hour trading volume. However, […]
OKX announces a partnership with Hashkey Group following OKX Ventures’ investment in the startup’s fundraising round, bringing some positive news to the crypto market at large. However, the latest development has had little or no impact on OKB price, OKX’s native token. Similarly, Bonk has seen a big price drop […]
Bitcoin Cash, BCH recently bounced back from a dip with almost 10% gains in the last five days. While it continued to accumulate by the day, the price is brewing for a big move on the higher timeframe. Since the price picked up from $166 last August, Bitcoin Cash has […]
The recent correction saw Kusama, KSM through a 50% drop near $33.5 this week, marking its lowest price level in a month. Following a sharp rejection, it bounced slightly and held the weekly low as temporal support. Following last week’s drop from around $40, KSM crossed over into this week’s […]
Litecoin appeared bearish on the daily chart but has seen little increase in the last 24 hours. After days of consolidation, it found support and now tries to recover some loss. Trading volume currently appears low. This month has been quite horrible for Litecoin following a price crash near the […]
In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside. The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million. NEW: Polygon acquired […]
MakerDAO ($MKR), known for its significant contribution to real-world asset (RWA) transactions within decentralized finance (DeFi), has experienced a slight price decline in recent hours, influenced by on-chain activity and protocol adjustments. According to reports from on-chain analytics firm Spotonchain, Wallet 0xa58, associated with RuneKek, a MakerDAO co-founder, has sold […]