Cryptocurrency News
Dogwifhat ($WIF) has experienced a notable price increase of 10% in the last 24 hours, reaching $2.75. This uptick contrasts sharply with its performance over the past week, where it saw a decline of over 10%. The price of $WIF fell from above $3 to a low of under $2.5, […]
Earlier this month, Toncoin found support and started to increase after undergoing a short correction in April. That increase brought a full price recovery but it appeared to be rolling back following this bearish pattern. From $7.6 during last month crypto clampdown, TON took a sharp downturn and slowly declined […]
The price of Solana native cat coin, Maneki, has skyrocketed by 83% over the past week. Amid this surge, the address “4pV17t,” suspected to be associated with @wintermute_t, made a significant purchase, spending 2,000 $SOL (approximately $337,000) to buy Maneki at $0.0098 today. We noticed that the address "4pV17t" suspected […]
Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor. Even if the ETF is rejected, there is a high likelihood of […]
Chainlink (LINK) has experienced a significant surge, with its market cap climbing by 19% in the past 24 hours, decoupling from the broader altcoin market. This rally has brought the number of 100,000+ LINK holders to 564, marking a 4.6% increase in just five weeks. If social dominance remains stable […]
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
The Gamestop and AMC mania has permeated the cryptocurrency market, drawing parallels between the speculative nature and crowd empowerment seen in both sectors. These two companies have become the top trending topics on cryptocurrency platforms, capturing the attention of traders and investors alike. 🎮📽️ The #Gamestop and #AMC craze has […]
While trading in a range-bound, Ripple showed signs of strength today as it tapped a 4% gain. Despite a steady decline in the daily volume indicator, it found support again and continues to foot a fresh increase. Ripple’s XRP has reacted positively to the latest increase across the market, bouncing […]
Transaction fees on the Ethereum network have reached their lowest point in six months, largely due to the increasing adoption of layer 2 (L2) scaling solutions. In April, L2 projects accounted for a record-breaking 82% of all transactions, signaling a significant shift in how users interact with the blockchain. The […]
Bitcoin’s recent surge in funding rate on exchanges like DyDx and Deribit is causing concern among crypto enthusiasts, who are wary of history repeating itself after last week’s market top. With bullish sentiments prevailing, there’s a desire to keep Bitcoin FOMO (Fear of Missing Out) in check, ensuring that shorts […]
Render Token, an Ethereum-based distributed GPU rendering token, faced a sharp decline of 11% in its value today, marking a significant downturn in its price. This drop comes amidst a period of volatility in the cryptocurrency market, with investors closely monitoring developments within the ecosystem. According to data from Spotonchain, […]
The Ethereum memecoin $PEPE has seen a remarkable surge, hitting an all-time high of $0.00001127 today with a market cap surpassing $4.5 billion. This represents a significant gain of over 11% for the day and 32% over the past 7 days, making it the second largest crypto memecoin in the […]
The Ethena token (ENA) has continued its downward trajectory, experiencing a 4% decline today and a significant loss of 34% in value over the past 30 days, indicating ongoing challenges for investors. One notable event contributing to the downturn is the capitulation of a significant whale investor who decided to […]
The decentralized Oracle protocol, Tellor ($TRB), has experienced a notable uptrend over the past month, with its value soaring by an impressive 112% within this period. In the realm of cryptocurrency, Tellor stands out as one of the top performers in terms of weekly gains, having surged by 47% in […]
In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), […]
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 […]