Getting started on the Tron network can be a daunting task for new users, primarily due to the requirement of TRX tokens to pay for gas fees and activate new accounts. This necessity adds a layer of complexity and cost that might deter those unfamiliar with blockchain technology from diving […]
Tag: crypto
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (August 14) – Ordi Recovers 12% Near Recent Breakdown Level, Watch Out For Sell
Since the start of the drop in March, Ordi has lost more than 70% of its value to a ten-month low. Although it has regained strength briefly from this low, it has continued to trade inside a descending wedge. After nearly touching $100 in the first quarter of the year, […]
Aave Sees Surge In Short-Term Traders Amidst Record Liquidations
Aave, one of the leading decentralized finance (DeFi) protocols, has experienced a notable 28.83% increase in short-term traders over the past month, signaling a surge in new users and speculators. This influx reflects growing interest in Aave, as more participants enter the market to capitalize on short-term opportunities. $Aave saw […]
Crypto Market Prepares For $230 Million Token Unlocks This Week
The cryptocurrency market is bracing for the release of approximately $230 million in vested tokens across 14 different cryptocurrencies this week, potentially adding selling pressure to an already volatile environment. Scheduled for the week of August 12-18, these token unlocks could significantly impact market dynamics. According to data from Token […]
Ethena Protocol’s USDe Stablecoin Fuels High Yields Amid Price Volatility
Ethena Protocol has been making waves in the DeFi space by offering users high yields through its innovative stablecoin, USDe. This is achieved by holding specific assets like stETH or BTC and simultaneously shorting an equivalent amount in the perpetuals market, creating a unique mechanism for generating returns. However, the […]
ETHEREUM PRICE ANALYSIS & PREDICTION (August 12) – ETH Turns Weak After Rejecting $2,700, Signals Fresh Dip
Ethereum is showing signs of weakness again after rejecting $2,700 last weekend. There’s still room for a retracement if the volume keeps rising. However, things might later get uglier with the latest bearish signal. Following the monthly breakdown of the important $2,817 support level, ETH rolled back to the yearly […]
BITCOIN PRICE ANALYSIS & PREDICTION (August 12) – BTC Resumes Drops After Retracement – Is $44k The Next Drop Level To Watch?
Bitcoin’s daily outlook is becoming more bearish with the latest drop, although it remains bullish on the macro level. Selling could get worse as the fear and greed index reaches 50 with a dominance of 56.2%. The fear of missing out – FOMO on Bitcoin’s parabolic bull run has significantly […]
NOTCOIN PRICE ANALYSIS & PREDICTION (August 12) – NOT Stagnates Under $0.013 As It Brews For Another Sell-Off
Losing more than 60% of its value in two months, Notcoin found support this week and increased a little. Due to a significant drop in buy volume, the price has remained stagnant as it decides on the next major move. If not all, most gaming assets have reset back to […]
AKASH NETWORK PRICE ANALYSIS & PREDICTION (August 12) – AKT Tests Crucial Trendline After A Week Retracement, Will It Break?
Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test […]
ARBITRUM PRICE ANALYSIS & PREDICTION (August 12) – ARB Calms At Resistance After A Small Bounce, More Drops Ahead
ARB’s Price is up by more than 4% today despite the relative loss amongst altcoins in the past hours. However, it is still maintaining a downward movement following a recent price breakdown. Last week was a bit painful for Arbitrum as it broke through the $0.6 level (its launch price […]
TRON PRICE ANALYSIS & PREDICTION (August 12) – TRX Resumes Bullish After Reaccumulating, Where Is It Heading Next?
Today, most altcoins across the crypto market appear calmer after charting a significant gain in the past few days. Mid-cap token like Tron is waxing stronger with no signs of slowing down at the moment. The remaining half of July saw TRX through a notable reduction after crossing over into […]
DWF Labs’ $20M Cloudbreak Fund Gains Momentum With 90+ Projects In Just Four Weeks
DWF Labs’ $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th. In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs’ […]
Coinbase Expands Its Crypto Offering By Adding ZetaChain And Across Protocol
Coinbase is stirring up the crypto market with its latest announcement to include ZetaChain and Across Protocol on its listing roadmap. Coinbase Assets announced that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its listing roadmap. ZetaChain is an L1 blockchain and smart contract platform designed for interoperability. […]
Bitcoin Surges Beyond $62.6K In Just Three Days, Leaving Traders Scrambling
Bitcoin made a remarkable leap, briefly soaring past $62.6K—a staggering 25% increase in just over three days. This unexpected surge caught many average traders off guard, highlighting the volatile nature of the cryptocurrency market. As excitement builds, some investors are now eyeing potential price targets of $70K to $75K for […]
Ethereum Fees Surge Amid Market Volatility, Hinting At A Potential Rally
Ethereum’s network fees spiked this week, driven by heightened market volatility. The surge in fees was largely fueled by increased activity on platforms like Uniswap and a wave of liquidations on Aave, reflecting the intense trading environment. Ethereum fees spiked this week as a result of the volatility, with Uniswap […]
SUI PRICE ANALYSIS & PREDICTION (August 9) – SUI Signals Bullish Following A 30% Surge But Yet To Break Bearish Structure
SUI shows signs of a bullish reversal following a slight breakout of a resistance line. Its bearish structure remains intact but is leading the top gainers chart with a traded volume of $400 million in the last 24 hours. From a peak of $2.2, SUI initiated a drop and lost […]
LITECOIN PRICE ANALYSIS & PREDICTION (August 9) – LTC Pauses Buying at $62, Can It Sustain Pressure Above This Level?
Litecoin joined other top coins in the recent increase but it has slowed down buying today after facing a key level. While it appears weak, the asset may resume bearish momentum if the supply level increases. Last month’s trading was a bit relieving due to a slight break in selling […]
Alameda Research Begins $WLD Deposits Amidst Ongoing Debt Settlement
Alameda Research has recently initiated the transfer of its $WLD tokens to centralized exchanges (CEX). Approximately nine hours ago, the company made its first significant move by sending 205,387 $WLD tokens, valued at $352,000, to Binance. This transaction occurred after Alameda vested the tokens from Worldcoin, which were acquired a […]