Amid the latest market meltdown, LOOM showed strength and continued to gain traction by the day. More rally is likely to play if the buying volume increases. It is currently the market’s top gainer following a 30% surge in the last 24 hours. So far, LOOM’s performance has been impressive […]
As the cryptocurrency market continues to evolve, the sentiment and discussions surrounding it often display intriguing dynamics that challenge traditional expectations. In recent trends, the rising discussions related to #inflation and #bearmarket have caught the attention of market observers, indicating a potentially bearish stance towards crypto markets. Understanding the Role […]
Cryptocurrency, with its potential for high rewards and innovation, has also become a breeding ground for scams and fraudulent schemes. To protect your investments and navigate the crypto space safely, it’s crucial to learn how to spot these red flags and avoid falling victim to scams. Promises of Unrealistic Returns […]
The cryptocurrency market, particularly Bitcoin, has shown some hesitation in launching a significant rally in October. One of the factors contributing to this uncertainty is the growing amount of outstanding futures and options contracts tied to Bitcoin. The Role Of Bitcoin Futures And Options Market Bitcoin futures and options markets […]
Bitcoin, the digital gold standard, has shown remarkable resilience, maintaining a steady price level at around $27,400. While the broader crypto space exhibited some volatility, a couple of altcoins have stood out during this period, notably Monero (XMR) and Render Token (RNDR), both showing positive gains. Steadfast Bitcoin In a […]
It‘s common to see market corrections, with some altcoins declining in value. However, amid this backdrop, intriguing patterns have emerged as certain outliers, such as $DYDX, $OCEAN, $TUSD, and $REQ, exhibit increased whale activity. What could this mean for these assets, and should we be keeping a close watch? Altcoin […]
Recent data reveals that Bitcoin HODLers, those who accumulate and hold onto their digital gold, are making a strong resurgence, further reinforcing the cryptocurrency’s position as a store of value. A New Level of Accumulation Bitcoin has a fixed supply of 21 million coins, making it a scarce and deflationary […]
The recent shift in focus from cryptocurrency price discussions to the Israel-Palestine conflict reflects the dynamic nature of the crypto market, which can be influenced by global events. While the conflict has not yet had a significant impact on the crypto market, there are several ways in which further escalation […]
In recent weeks, Tether (USDT), the world’s largest stablecoin, has shown remarkable resilience and heightened activity on the blockchain. The surge in onchain activity and accumulation of USDT in specific wallet categories signal growing interest and confidence in the stablecoin. Active USDT Addresses Hits New High Active addresses for USDT […]
As of October 10th, 2023, BNBChain, the blockchain network associated with Binance Coin (BNB), is buzzing with developer activity across various projects. These statistics, sourced from Santiment, highlight the commitment of developers to enhancing the BNBChain ecosystem. TrustWallet Leads The Pack Leading the pack is TrustWallet, with a remarkable developer […]
Insider trading, a prohibited practice in traditional financial markets, poses a similar threat to the cryptocurrency ecosystem. This unethical behavior occurs when individuals with privileged access to non-public information about a cryptocurrency project or exchange use that information to gain an unfair advantage in trading, often at the expense of […]
BTC dominance has increased to 50% as the global market cap recovered to $1.1 trillion in the past week. It appeared a bit weak today and remained indecisive as the crypto fear and greed index stands at 45. Bitcoin entered this week in a neutral mode as it failed to […]
The ongoing conflict between Israel and Gaza has had a mixed impact on the cryptocurrency market. On the one hand, the war has led to increased volatility in the market, with prices of many cryptocurrencies fluctuating wildly. On the other hand, the war has also highlighted the potential of Bitcoin […]
The Bitcoin halving event has long been a topic of anticipation and discussion within the cryptocurrency community. Recently, Binance added a Bitcoin halving countdown to its homepage, drawing attention to this significant event. Changpeng Zhao, CEO of Binance, commonly known as “CZ,” also shared his insights on what typically transpires […]
Bitcoin, the pioneer of cryptocurrencies, made a significant statement in the crypto world when it experienced its largest volume spike on a Monday, shortly after breaking the $28.4K mark for the first time since mid-August. This remarkable surge in trading activity suggests renewed interest and enthusiasm in the digital gold […]
Wrapped Bitcoin (WBTC), a tokenized representation of Bitcoin on the Ethereum blockchain, is currently experiencing notable activity and metrics that mirror previous crypto market rallies. These indicators suggest growing interest and participation in the WBTC ecosystem. Whale Transactions: WBTC is witnessing its highest rate of transactions involving large whales holding […]
Bitcoin, the leading cryptocurrency, is witnessing a significant accumulation trend among mid to large-sized wallets, indicating a resurgence of institutional and high-net-worth investor interest. Over the past six weeks, these wallets have added a substantial 71,155 BTC, equivalent to approximately $1.95 billion at current prices. Accumulation by Mid to Large-Sized […]
While the cryptocurrency community has been abuzz with discussions about the SEC’s appeal against Ripple and the subsequent denial affecting XRP, there have been notable developments in the broader altcoin market that merit attention. RAY’s Remarkable Surge: Raydium ($RAY) recently experienced an astonishing +24% price pump in less than one […]