The cryptocurrency market witnessed a notable downturn as Bitcoin slipped below the $40,000 mark, accompanied by Ethereum’s decline to a low of $2,303. Reports reveal significant movements of Ethereum by Celsius and FTX. Celsius Network initiated the transfer of 15,200 ETH ($36.04 million) to Coinbase and FalconX. Despite this movement, […]
Tag: altcoins
Ondo DAO’s $ONDO Experiences Volatility Amidst Coinbase Listing and Asia Pacific Expansion
Yesterday, the native token of Ondo DAO, $ONDO, surged by over 50% after the announcement of its Coinbase listing and the expansion into the Asia Pacific region. The move was accompanied by the opening of its first regional office. However, recent reports suggest that the ONDO team executed a transfer […]
Bitcoin’s Price Dips Below $40K Amid Industry Struggles
Bitcoin faced a significant downturn, dropping below $40K for the first time since December 4th, causing widespread concern across the cryptocurrency market. Monday witnessed notable setbacks for various digital assets, with Bitcoin and Ethereum experiencing a 35% and 21% reduction in discussions compared to the previous ETF approval week. 📉 […]
Ethereum’s Varied Signals: Whales Accumulate Amid Foundation Sales
Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. […]
Blockchain Finance Firm Ondo Expands Into Asia Pacific Amid On-Chain Activity Concerns
Leading blockchain finance company Ondo Finance has made a strategic move into the Asia Pacific region, marking its entry with the opening of its inaugural office in the area. The expansion aims to strengthen Ondo Finance’s presence and offerings in the rapidly growing market. Ondo Finance is introducing three tokenized […]
CHAINLINK PRICE ANALYSIS & PREDICTION (January 22) – Link Recovers From Recent Low As It Forms Bullish Pattern on Hourly, Where Next?
Link saw a notable recovery today and returned 6% profits in the past hours. It has held yesterday’s low as support and quickly bounced back. The bulls seem to be stepping back with a surge on the 4-hour chart. Towards the end of 2023, Link’s price topped out at $17.6 […]
Altcoins Forge Distinct Paths Amid Bitcoin Spot ETF Approval Buzz
Following the recent milestone of Bitcoin Spot ETF approval, altcoins are displaying notable divergence in market dynamics: Ethereum Name Service (ENS) has witnessed an impressive surge, marking a remarkable 163% gain in the last month. ENS, propelled by positive remarks from Ethereum founder Vitalik Buterin, reached a peak of $27 […]
Crypto Market: Profit Levels Signal Potential Opportunities, Close Watch On ETH, BTC, XRP
As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22. The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, […]
Whale Sell-Offs Indicate Significant Downturn For $LDO And $AAVE
Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable […]
Klaytn and Finschia Explore Merger To Forge Asia’s Largest Web3 Ecosystem
Blockchain networks Klaytn, backed by South Korea’s Kakao, and Finschia, developed by Japan’s LINE, have unveiled a merger proposal aimed at combining their technologies and user bases, potentially establishing the most extensive web3 ecosystem in Asia. The proposed merger between the leading blockchains in Japan and South Korea anticipates the […]
Polygon Faces Allegations Of Token Allocation Issues And Suspicious Flows To Exchanges
Polygon, a prominent blockchain network, is under scrutiny for apparent discrepancies in its token distributions, raising concerns about potential collaboration with Binance, as reported by intelligence organization ChainArgos. ChainArgos conducted research revealing disparities between Polygon’s stated objectives for token distribution and the actual movement of tokens. The primary focus of […]
Blur Token ($BLUR) Demonstrates Resilient Bullish Trend
In recent times, the price of Blur Token ($BLUR) has been consistently shaped by positive market conditions, and today is no exception. The bullish trajectory of Blur Token is evident over the past few months, showcasing impressive performance metrics. Over the last 90 days, $BLUR has surged by an astonishing […]
Maker (MKR) Witnesses Notable Whales Accumulation Amidst 70% Price Surge
In the last month, Maker (MKR), the governance token linked to MakerDAO and the Maker Protocol, has seen an impressive 70% surge in its price. A recent analysis by LookOnChain, a prominent on-chain expert, suggests that during this period, significant crypto whales have been actively accumulating MKR. The report highlights […]
$MYRO Demonstrates Remarkable Resilience With A 57% Market Cap Surge
Even amid a predominantly red day for memecoins and leading cryptocurrencies, $MYRO has exhibited impressive strength, catapulting its market cap to a remarkable $170 million in just one day—a notable 57% increase. This substantial growth underscores the patience and resilience of the $MYRO community, showcasing its ability to weather market […]
$SUI Emerges As Top Gainer With TVL Surging To $263M On CMC
In the past week, SUI has seen fluctuating prices but generally an upward trend, backed by robust support levels and expectations of continued market volatility. Within the tech sector, SUI is gaining prominence, notably with recent developments like BitMateX’s introduction of the SUI public chain and collaboration with Karrier One. […]
Blur Token (BLUR) Sees 13.12% Surge Amidst Altcoin Season Kickoff
The governance token for the Blur NFT marketplace and aggregator platform, Blur Token (BLUR), is making waves with a live price of $0.611 USD and a robust 24-hour trading volume of $520 million. Impressively, BLUR has experienced a notable 13.12% increase in the past 24 hours. The recent approval of […]
Bitcoin Exhibits Stability As US Witnesses Historic ETF Debut, But Dips To $42K
Amidst a historic day in the United States and the cryptocurrency realm marked by the launch of the first exchange-traded fund (ETF) dedicated to a single commodity, Bitcoin demonstrated resilience, maintaining a stable position around the $46,000 mark. Data from Binance indicates a notable pattern where the increase in Bitcoin […]
Litecoin ($LTC) Sees Positive Momentum With 5.5% Gain Amid Spot ETF Excitement
As the overall cryptocurrency market enjoys a robust bullish trend, Litecoin ($LTC) has joined the momentum, securing a 5.5% gain and presently trading at $70. This upward movement aligns with the prevailing enthusiasm surrounding the potential approval of Spot ETFs. Litecoin has initiated the new year on a strong note, […]