Bitcoin’s price range between $65K and $66K has fostered an environment of fear and disinterest among traders, leading to widespread capitulation. This extended level of Fear, Uncertainty, and Doubt (FUD) is rare, as traders continue to give up. However, this period of trader fatigue, combined with whale accumulation, often leads […]
Tag: crypto
Ethereum Sees Surge In Trader Interest Amid SEC Investigation Conclusion and Pantera Capital Investment
Ethereum is experiencing a significant uptick in trader interest following the recent conclusion of the SECβs investigation into the cryptocurrency. Adding to the excitement, Pantera Capital has announced plans to purchase $100 million worth of Ethereum. π The coins seeing the largest rise in trader interest right now are: π […]
CHAINLINK PRICE ANALYSIS & PREDICTION (June 20) β Link Bounces Off A Key Support But No Enough Volume To Sustain Pressure
Once again, Chainlink LINK bounced off a key support area after several failed attempts to break it since the start of the year. A continuous increase above this support should bring the bulls back into the market. Late last month, Chainlink ended a five-week retracement move with a multiple rejection […]
FETCH.AI PRICE ANALYSIS & PREDICTION (June 20) β FET Recovers 15% Amid Market Relief, Can It Sustain Buy Pressure?
Several artificial intelligence and data tokens have recovered slightly from their recent lows following a new buy order in the crypto space. FET currently leads the industry tokens in the latest recovery. This month has been a turbulent period in the market as most altcoins dipped to a new monthly […]
Bitcoin’s Drop Contrasts With S&P 500 Rally Amid Unique Market Dynamics
Despite the S&P 500’s ongoing rally, Bitcoin has experienced a significant decline, marking a rare divergence between these sectors since the stabilization following the FTX collapse in late 2022. Typically, such market conditions would see cryptocurrencies experiencing a relief bounce to catch up. π Bitcoin's plummet has come in spite […]
Whales Accumulate $CRV Amid Post-Liquidation Dip, Driving Significant Price Recovery
Amid the recent $CRV liquidation crisis, six major investors, known as whales, have seized the opportunity to accumulate a substantial 55.26 million $CRV, equivalent to approximately $19.4 million. Notably, five of these six whales are first-time $CRV buyers, contributing to a noticeable surge in first-time $CRV purchases over the past […]
LDO DAO PRICE ANALYSIS & PREDICTION (June 19) β LDO Bounced Back After Revisiting Local Bottom, Forms A New Bullish Formation
While most altcoins are yet to find a bottom in the recent dip, LDO has bounced back and is now bullish again after increasing notably in a week. It approaches a key resistance where a potential break lies. After the late 2023 surge that triggered a rally from a low […]
Ethereum Dips Below $3.4K As Major Whale Activity Sparks Market Attention
Ethereum has seen a decline below the $3.4k mark today, further exacerbating concerns among investors. Just before this drop, an Ethereum ICO participant deposited 5,500 ETH ($19.3 million) to Kraken, suggesting significant whale activity. This particular whale, a participant from Ethereum’s initial coin offering (ICO) in 2015, received 150,000 ETH […]
Bitcoin Holders Face Largest 3-Day Drop In Non-Empty Wallets Since March As Ethereum Wallets Rise
Bitcoin holders have experienced their largest 3-day drop in non-empty wallets since just before the March 14th all-time high. Unlike the previous surge, Bitcoin’s value has been declining, prompting traders to liquidate out of fear of further drops. Meanwhile, the number of Ethereum wallets continues to grow. π Bitcoin holders […]
$TRUMP Whales Cash Out Profits, Leading To Sharp Decline In $MAGA Token Value
Today, several significant $TRUMP token holders, or “whales,” capitalized on their investments, selling large amounts of the token for substantial profits. This activity has contributed to a sharp decline in the value of the $MAGA token, which has plummeted by 38% in the past 24 hours, bringing its market cap […]
Convex ($CVX) Bounces Back: 36% Of Holders Now In Profit After 100% Surge
Last week, 99% of $CVX holders were at a loss, showcasing the volatility and resilience of the cryptocurrency market. In a dramatic turnaround, 36% of $CVX addresses are now in profit, with these holders collectively controlling over 90% of the $CVX supply, indicating that nearly the entire supply is now […]
Whale Activity Suggests Starknet Dev Dumping $STRK, Contributing To 12% Price Decline
Whale activity from wallet 0x099, suspected to be linked to a Starknet developer, has raised concerns as 2.6 million STRK tokens, valued at $2.42 million, were deposited to Wintermute Trading OTC. This wallet, believed to be associated with the Starknet team, received 149.5 million STRK, worth $530 million, from the […]
Blur Sees Continued Bearish Trend As 37.51M BLUR Unlocked And Transferred To Coinbase Prime
Over the past weekend, Blur’s lock-up contract unlocked 37.51 million BLUR tokens, valued at $11.69 million, which were subsequently transferred to Coinbase Prime. This lock-up contract initially received these tokens from the Blur developer team one year ago, and this monthly unlock activity has been a consistent practice since June […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 17) β ETH Resumes Bearishness After A Short Bounce, Is $3,200 The Next Target?
Ethereum recently took a slight bearish break to retest the $3,660 level but is currently down 1% amid the latest drops in the market. A dip below last week’s low should confirm more meltdowns soon. So far, Ethereum’s value has decreased by more than 10% since it initiated drops from […]
BITCOIN PRICE ANALYSIS & PREDICTION (June 17) β BTC Extends Sell-Off After Losing 6% In A Week, Eyeing $60k
Bitcoin’s dominance has not changed much since it lost the $70k level two weeks ago. However, the price is down by 6% weekly following the latest reductions. Its fear and greed index now stands neutrally at 55. Starting this month on a strong note, Bitcoin encountered resistance and halted buying […]
LITECOIN PRICE ANALYSIS & PREDICTION (June 16) β LTC Consolidates After Locating Support, Where Is It Heading Next?
Following a recent breakdown from a two-month wedge, Litecoin LTC found a solid support level and remained indecisive ever since. It showed signs of strength yesterday but thereβs not enough volatility to reiterate actions.Β During last weekβs drops, Litecoin lost grip above the important $82 support level to a new […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (June 16) β BNB Reestablishes Support: Can It Initiate A Fresh Buy Above $600?
BNB witnessed a strong broke out last week but is now looking weak again after dropping off a new all-time high. It lost a key level during the week but is now back above the level following a small bounce. Breaking out from a two-month accumulation phase earlier last week, […]
GSR Markets Capitalizes On ONDO Holdings Post Upbit Listing
After the recent listing of ONDO on Upbit, GSR Markets has been observed reducing its holdings, transferring 3.5 million ONDO tokens, worth approximately $4.27 million, to Bybit over the past day. GSR has been steadily building a position of 9 million ONDO tokens since February, with an average acquisition cost […]