Tag: crypto

Market Analysis

CARDANO PRICE ANALYSIS & PREDICTION (April 19) – Is ADA Poises For Another Sharp Turn Despite Losing 50% In 7 Weeks?

Amid negative market sentiment, Cardano ADA is down 26% weekly despite remaining indecisive for days. But it seemed the supply level is rising again following the current bloodbath – brews for another sell-off. Cardano took a sharp turn six weeks ago after increasing by 2x in five months to tap […]

Crypto, News

Cryptocurrency Market Dynamics Signal Potential Recovery Amidst Bearish Sentiment

Recent market movements have sparked discussions within the cryptocurrency community, with many suggesting that the bull market has come to an end following Bitcoin’s 16% drop from its all-time high of $73.6K reached on March 14th.  As sentiments shift towards bearish territory, historical trends indicate a potential reversal in prices, […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (April 17) – BTC Takes Downturn Again After A Rejection, Where Next? 

 After taking a short bearish break last weekend, Bitcoin recovered briefly and later faced resistance near $67k yesterday. It lost ground again and now taking another downturn.  Last Saturday, Bitcoin tested a low of $60,775 after witnessing a roller coaster throughout the week. Eventually, that low held as support and […]

Crypto, News

Ethereum Community Debates Monetary Policy Amidst Rising Interest And Price Decline

As cryptocurrency prices continue their downward trend, Ethereum has emerged as a focal point of discussion, experiencing a notable surge in conversation volume.  Despite the overall market decline, the introduction of a new ETF has sparked increased interest in Ethereum, the second-largest cryptocurrency by market capitalization, even as short positions […]

Crypto, News

Ethena Sees 10% Gain Despite Weekly Losses; Whale Stakes Large ENA Holdings

Amidst broader market fluctuations, Ethena has surged by 10% today, offering a glimmer of optimism despite a 9% loss on the weekly chart. Spotonchain data reveals notable activity from Whale 0x886, who recently executed significant transactions involving ENA (Ethena’s native token).  The whale withdrew 6.954 million ENA ($7.99 million) from […]