Cryptocurrency News
Tron TRX has recovered significantly from the recent dip and is now displaying signs of strength. While looking strong, it is set to reclaim its previous high following a reverse bullish formation on the daily chart. While painting bearish scenarios for two months, TRX reaccumulated along the way down and […]
Bitcoin experienced a dip in value today, falling below the $62,000 mark and recording a 2.5% loss. However, amidst this downturn, a significant whale in the cryptocurrency market seized the opportunity to purchase an additional 250 BTC, totaling $15.56 million, at the bottom of the price drop. This whale has […]
Throughout the 2023-23 cycle, a notable discrepancy has emerged in the performance of Ethereum compared to Bitcoin. While Bitcoin has demonstrated resilience and maintained its price stability, Ethereum has experienced weaker price performance. There has been a growing divergence in performance between #Bitcoin and #Ethereum during the 2023-23 cycle thus […]
The modular ZkEVM Layer 2 token, $PROM, experienced a 5% decline in value today, reflecting the volatility inherent in the cryptocurrency market. On-chain data has revealed significant withdrawal activity involving Wallet 0x3a2, shedding light on potential market dynamics influencing $PROM’s price movement. Wallet 0x3a2 recently withdrew 49,999 $PROM, equivalent to […]
Render Token (RNDR), a prominent player in the AI Coins category, has captured the attention of the crypto markets with a remarkable 40% increase in weekly charts, despite experiencing a 6% decline today. With a current market capitalization of $3.86 billion USD, RNDR has emerged as a standout performer in […]
As the new trading week kicks off, several cryptocurrencies are making waves in the market, capturing the attention of investors and analysts alike. According to data from Santiment, three tokens stand out as the top trending assets in the crypto space. 🗣️👀 The top trending tokens in #crypto today are: […]
Despite experiencing a 7% decline in value today, the cryptocurrency token $FRIEND is witnessing increased accumulation by whales, signaling growing investor interest in the project. This trend is evident as on-chain data reveals notable inflows into the $FRIEND ecosystem. Machi Big Brother, a prominent figure in the cryptocurrency space, has […]
JUP is up 4% today amid the overall market deduction. However, it appeared to be facing a key resistance as it stages a new swing high. Failure to push through could invalidate the current bullish signal. Jupiter’s native token – JUP has been gaining traction for a straight week as […]
Despite the latest drop, Ray remains bullish and continues to show signs of strength daily. It appeared strong today following a 5% increase in the last 24 hours. The continuous increase in Ray’s price can be traced to Solana, which has been notably gaining strength since last week. Although its […]
Fetch.ai, the artificial intelligence (AI) token, has experienced an impressive 21% gain over the past week, signaling renewed investor interest and bullish sentiment in the market. This positive price movement has attracted the attention of savvy traders, with one particular individual making notable moves within the Fetch.ai ecosystem. Smart trader […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, 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 […]
Yesterday, Polkadot DOT found a temporal support after falling consistently for a week. The price increased and broke slightly above a crucial resistance line, suggesting a possible bullish reversal pattern on the daily chart. Last week saw DOT through another decline after retesting the $7.58 level as resistance. It rolled […]