After a short pullback last week, Bitcoin found support and resurged near a crucial resistance overnight with a 3% gain. It is currently on the verge of breaking out of a channel, poising for a massive run. Bitcoin has continued to take the bears by surprise with the latest price […]
Tag: crypto
TONCOIN PRICE ANALYSIS & PREDICTION (July 29) – TON Turns Bearish Despite Recent Market Recovery, Correction Time?
TON decreased by 1% today in continuation of the monthly drawdown, but it is still trading in the buying zone on the monthly timeframe. A drop below the May low may fuel huge selling pressure in the coming week. Last month, TON reached a new milestone after rallying by 3x […]
MAKER PRICE ANALYSIS & PREDICTION (July 29) – MKR Finds Support But Can It Hold Strong Following A 2% Daily Surge?
Maker is currently in a downward range after rejecting a key level two weeks ago. However, it appeared to have found temporal support and is now gaining traction following a small increase since yesterday. After dropping for almost three months, Maker reached an exhaustion selling point and bounced briefly above […]
Solana Overtakes BNB In Market Cap, Now Ranked 4th
Solana has recently overtaken Binance Coin (BNB) in market capitalization, securing the fourth spot. According to CoinMarketCap, Solana (SOL) is priced at 186 USDT, reflecting a 3.79% increase in the past 24 hours. 🚨 BREAKING: Solana surpasses BNB in market capitalization, now ranking 4th! 📈 According to @CoinMarketCap, SOL's price […]
Amber Group Deposits $1.35M Worth Of $ID Tokens On Binance: Profit-Taking Or Loss-Cutting?
Amber Group recently deposited 2.6 million $ID tokens, equivalent to $1.35 million, onto Binance. This move has raised questions about whether the fund is taking profits or cutting losses. The timing of this deposit is intriguing, as it comes after a 20% increase in the price of $ID over the […]
$TAO: Leading the Charge In Decentralized AI Market Growth
Bittensor_’s mission to accelerate the development of open-source intelligence markets for AI applications is unmatched in the Web3 space. Central to this mission is $TAO, the altcoin that powers Bittensor’s decentralized machine learning network, which has taken a prominent position in the current bull cycle. 1/4 "A decentralised blockchain based […]
GameFi Gaining Momentum On TON Blockchain As Key Projects And Tokens Surge
In a recent X space session, TON Blockchain and BitgetWallet have been highlighting the GameFi theme, capturing the attention of crypto communities for a month. Prominent GameFi projects on the TON chain, such as $NOT, $GMT, and $GMEE, are drawing significant interest. #GameFi is the upcoming trend? 😬🤔@ton_blockchain and @BitgetWallet […]
Uniswap Team Wallet Deposits 1.19M UNI To Coinbase Prime Amid Price Fluctuations
A significant move by a Uniswap team, investor, or advisor wallet, identified as 0x63b, saw the deposit of 1.19 million UNI tokens, valued at $9.15 million, to Coinbase Prime today. This wallet had previously received 9 million UNI from Uniswap on September 17, 2020, when the token was priced at […]
JUPITER PRICE ANALYSIS & PREDICTION (July 18) – JUP Rejects $1.2 But Can It Overcome Following This Bullish Pattern?
Following a short break in buying, JUP took a little downturn this week and resumed positive actions after finding support nearby. It appeared bullish and ready to tap more highs but faced rejection at a key level. Last week appeared more volatile across the crypto space following a two-week recovery […]
BITCOIN CASH PRICE ANALYSIS & PREDICTION (July 27) – BCH Sets To Break Out Of Multi-Week Resistance Following A Strong Rebound
Mirroring Bitcoin’s movement, BCH is now gaining traction again after witnessing a short pullback earlier this week. The price currently appears strong daily as it sets to break out of a key resistance level. After bouncing nicely from a four-month low earlier this month, BCH faced tough resistance at the […]
Ethereum Sees Significant Inflows Post Spot ETF Approval
Following the approval of the Ethereum Spot ETF, a substantial 160,930 ETH entered Coinbase over just two days. This influx of ETH has raised questions about whether Grayscale’s Spot ETF, ETHE, will continue to exert selling pressure on the market. Recent data indicates that ETH net flows might be a […]
Bitcoin’s Exponential Gains And Market Dynamics: A Closer Look
Bitcoin has historically exhibited exponential gains during bull cycles, although each cycle has also seen significant drawdowns. The current upward momentum is driven by the anticipated approval and influence of spot ETFs, which are expected to bring more investors into the market. New inflows haven't even started yet “Bitcoin's upward […]
Helium ($HNT): Leading The Charge In DePIN With Strong Demand-Side Traction
Helium ($HNT) is rapidly emerging as a standout in the Decentralized Physical Infrastructure Networks (DePIN) category, demonstrating the strongest demand-side traction. This demand has translated into a significant market response, with $HNT experiencing a 21% increase over the past week and a 53% surge over the past 30 days. Demand-Side […]
$AAVE: Quietly Dominating the Web3 Lending Market
This year, $AAVE has quietly doubled its Total Value Locked (TVL) to an impressive $21 billion. Active loans, revenue, and fees have surged, outpacing market capitalization growth and cementing $AAVE’s position as a dominant force in the Web3 lending market. Lending Market Dominance: Over the past three years, $AAVE has […]
Comparing $RAY and $UNI: Is Radium Undervalued?
$RAY, the native utility token of the Radium DEX on Solana, could be significantly undervalued compared to $UNI, the token of Uniswap, according to an analysis by Sonyasunkim. Here’s a breakdown of their findings on the two DEX giants in terms of fundamentals, valuations, and potential reasons for mispricing. Fundamentals: […]
LITECOIN PRICE ANALYSIS & PREDICTION (July 26) – LTC Turns Green Today Following 5% Surge, Are The Bulls Back?
This week saw Litecoin through a small pullback after experiencing a steady increase from a year low recently. However, it is showing signs of strength daily and has posted roughly 5% gains in the last 24 hours. The latest bounce in price has once again put Litecoin in a green […]
CARDANO PRICE ANALYSIS & PREDICTION (July 26) – ADA Bounces Back Above $0.4 After A Slight Pullback, Signals Fresh Buy
ADA has continued to suspend bearish momentum following the latest buying pressure, although there is no certainty if it will last long. A surge above the monthly high could trigger a new positive sentiment. Following this month’s recovery from a low of $0.317 to a high of $0.45, which led […]
Core Foundation Unveils Dual Staking Model For Enhanced Bitcoin Yield
The Core Foundation announced today the launch of its Dual Staking model, a significant upgrade to its pioneering Non-Custodial Bitcoin Staking system. This innovative model, which functions as a Bitcoin bond layer, has been instrumental in establishing the Bitcoin Risk-Free Rate. With approximately 55% of Bitcoin mining hash power now […]