As Bitcoin began the week with a strong rally, briefly surpassing $66,000, traders are increasingly shifting their focus toward GameFi and memecoins. Interest in these altcoin sectors continues to rise, as discussion rates reflect growing attention from the market. 📊 With Bitcoin up to start the week and temporarily jumping […]
Tag: crypto
ETHEREUM PRICE ANALYSIS & PREDICTION (October 15) – ETH Is Back Above $2.5k Following A Double-Bottom Formation, Signals A Reversal
Opening this month short, ETH found solid ground after establishing support above $2.3k. This restored buying pressure as the price gradually rose with a double-bottom formation on the short-term scale. Ethereum has continued to subject the market to a sideway move since it rejected the $2,100 level in August. It […]
BITCOIN PRICE ANALYSIS & PREDICTION (October 15) – BTC Foots Big Moves, Will It Break Out Of Its Channel This Time?
Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoin’s price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]
TRON PRICE ANALYSIS & PREDICTION (October 14) – TRX Eyes $0.2 But This Resistance May Pose A Little Threat
Tron’s market structure is still looking bullish from a long-term perspective. After taking a little break in buying, it recently initiated another rally after going through a short retracement. After exploding massively to a peak of $0.17 in August, TRX lost steam and retraced in the late month. This retracement […]
Bitcoin And Ethereum Options Set To Expire: $1.57 Billion In Play As Key Price Levels Emerge
As the crypto market braces for the upcoming expiration of Bitcoin and Ethereum options, traders are closely watching pivotal price levels. A significant $1.10 billion in Bitcoin options and $466 million in Ethereum options are set to expire, bringing the “max pain” price into focus—$62,000 for Bitcoin and $2,500 for […]
Bitcoin Dips To $58.9K, Traders See Opportunity Amidst Market Volatility
Bitcoin experienced a sharp drop yesterday, hitting a 3-week low of $58.9K, but many traders are now identifying this dip as a prime buying opportunity. The shift in sentiment came after the release of the US Consumer Price Index (CPI) report, which fueled optimism around potential interest rate cuts. This […]
BlockTower Capital Sells MKR Holdings, Acquires EIGEN In Strategic Move
In the early hours of October 10, BlockTower Capital made a significant financial move by selling 1,815 MKR tokens, worth $2.48 million, through Galaxy Digital. This transaction marks the continuation of BlockTower’s gradual sale of its MKR holdings, which has been ongoing for nearly a year. Between May and November […]
GameFi Market Slips, But Tokyo Game Show Sparks Hope For Future Growth
This week in the GameFi space, market sentiment has taken a hit, but there are signs of bullish trends emerging from key industry events. The GameFi market cap has dropped from $22 billion to $17.93 billion amid global economic tensions, and trading volumes have fallen sharply from $2.88 billion to […]
US Regulators Crack Down On Crypto: $31.92 Billion In Major Settlements
The landscape of cryptocurrency in the US has been shaped by a series of high-profile enforcement actions, with regulators aggressively pursuing companies that have breached financial rules. The largest action to date was against FTX and its affiliate, Alameda Research, spearheaded by the Commodity Futures Trading Commission (CFTC). In August […]
POLKADOT PRICE ANALYSIS & PREDICTION (October 12) – DOT Post 3% Gains Amid Slight Recovery, Remains In A Range
This month’s crackdown has subjected DOT to a serious loss, but it appeared to have taken a breath amid the current market recovery. It is climbing back but buying pressure seems low at the moment. Dot’s overall market outlook remains bearish on a long-term scale. But it seemed to be […]
Institutional Demand For Bitcoin Surges as U.S. Spot ETFs Control $58 Billion, Sparking Market Uncertainty
The appetite for Bitcoin among institutional investors is growing rapidly, with U.S. spot ETFs now holding an impressive $58 billion worth of the cryptocurrency. This amount represents approximately 4.6% of Bitcoin’s total circulating supply. Investment giants such as BlackRock, Fidelity, and Grayscale are actively buying Bitcoin, focusing their purchases within […]
Solana Sees Surge In Memecoins Creation Amid Market Fluctuations And DeFi Growth
In the last 24 hours, the Solana blockchain has witnessed a remarkable surge in token creation, with nearly 20,000 new tokens minted, predominantly memecoins. A significant portion, approximately 70%, of these tokens debuted on the platform known as Pumpdotfun, highlighting the growing trend of memecoins on Solana. 🚨 REPORT: Nearly […]
Sui Network’s TVL Surges With Native USDC Launch, Boosting NAVI’s Position
Sui Network is experiencing a significant rise in Total Value Locked (TVL) following the launch of native USDC by Circle. This major development is propelling the Sui ecosystem forward, especially benefiting native protocols like NAVI. As a key liquidity provider on Sui, NAVI is receiving a substantial liquidity boost thanks […]
Understanding Token Unlocking And Circulating Supply Dynamics In The Crypto Market
In the world of cryptocurrencies, the relationship between unlocked tokens and circulating supply can often vary significantly, influencing market dynamics and investor perceptions. While circulating supply is a standard metric, it doesn’t always directly correlate with the percentage of tokens unlocked as outlined in project whitepapers. Let’s examine several notable […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (October 10) – BNB Recovers Overnight Loss But Can It Overcome This Tough Resistance Zone
BNB’s outlook is becoming bullish again after losing grip above key price levels in the past month. Amid a recent bounce, it posted losses overnight but the price is slowly picking up on the lower time frame. The $600 – $618 levels have been a critical resistance zone for BNB […]
$TAO Leads AI Token Surge, Poised For Supply Shock And Price Rally
AI tokens are experiencing a strong performance today, with $TAO leading the charge, posting a 14.46% gain. Other notable tokens such as $NEAR and $FET have also seen significant increases. Currently, $TAO commands around 50% of all crypto AI mindshare. Once accounting for only 2.92% of Grayscale’s AI fund, it […]
Bitcoin Continues To Lead As Best-Performing Asset Of 2024 Amidst Q3 Weakness
According to NYDIG, Bitcoin has emerged as the best-performing asset of 2024, boasting a year-to-date gain of 49.2%, even in light of a lackluster Q3. A long-dormant whale, who recently reactivated after a lengthy period of inactivity, moved another $634,000 worth of Bitcoin to Kraken this morning. This whale’s BTC […]
BITCOIN PRICE ANALYSIS & PREDICTION (October 7) – BTC Resumes Bullish After A Short Pullback, Is $70k The Next Key Target?
Bitcoin fundamentally opened this month on a short after failing to push above $67k in the previous month. However, it appears to have found a strong footing and is now climbing back on a daily scale. The recent monthly drop in Bitcoin’s price was seemingly triggered by the new conflict […]