BEERCOIN ($BEER) has seen its value decline by an additional 28% today, extending its losses to over 60% in the past week. The steep decline is attributed to significant sell-offs by large holders, including a notable pre-sale participant and another major whale. According to on-chain reports, a pre-sale participant has […]
Tag: crypto
Ethereum Memecoin $PEPE Regains Bullish Momentum, Surging 8% Amidst Major Trader Capitulation
Ethereum-based memecoin $PEPE has seen a resurgence today, climbing by 8% and regaining some bullish momentum. However, this slight increase prompted a significant trader to capitulate and sell all of his $PEPE holdings at a break-even price. The trader, who had initially invested 114.7 billion $PEPE for 366.5 $ETH (approximately […]
Market Fear Surges As Bitcoin Plummets To $65K: Whales Sell, Miners and Retail Investors React
The cryptocurrency market is gripped by fear as Bitcoin has dropped to $65,000, its lowest value since May 16th. This decline has sparked a surge in mentions of selling or taking profit, indicating heightened panic among small traders. Such sentiment often precedes a temporary bounce, presenting potential buying opportunities amid […]
BOOK OF MEME PRICE ANALYSIS & PREDICTION (June 15) – BOME Is Up 3%, Is It Making A New Shift Amid Temporal Selling Relief?
Amid a slight break in selling, some altcoins have recovered a little with Bome posting gains in the last 48 hours. This was triggered by an increase in buying volume but it appeared not enough to bring the bulls back. The frog-inspired meme coin – Bome is still positioned in […]
Bitcoin Supply On Exchanges Hits Lowest Level Since December 2021 Amid Increasing Mining Costs And Whale Activity
The supply of Bitcoin on exchanges has plummeted to its lowest level since December 2021, with only around 942,000 coins available. In contrast, Ethereum and Tether are seeing increased inflows. Historically, the limited supply of Bitcoin available for sale reduces the overall drop-off risk for the entire cryptocurrency market. 😎 […]
Curve Finance Founder’s Liquidation Triggers 34% $CRV Price Drop: On-Chain Highlights
The price of $CRV plummeted by up to 34% within three hours following the news that Curve Finance founder Michael Egorov had been liquidated. On-chain data reveals several critical points about the situation. The $CRV price dropped up to 34% (3H) after the news of the #Curvefi founder (Michale Egorov) […]
UwU Lend Faces Repeated Attacks, Loses $20.8M in ETH, But Repays Bad Debt
UwU Lend (@UwU_Lend) has been hit by another attack, losing 1,064 ETH (approximately $3.7 million) just a few hours ago. This follows a series of three attacks two days ago, during which the platform lost a total of 4,907 ETH (around $17.1 million). In total, UwU Lend has suffered losses […]
SOLANA PRICE ANALYSIS & PREDICTION (June 13) – Sol Is Aiming For $120 Again But Will It Hold This Time Following A 12% Weekly Loss?
Solana failed to advance bullishly above a key resistance trendline due to a rejection. This was triggered by a sudden sell-off, which generated a negative sentiment and similarly positioned the market in a bearish state. Last week, Sol signalled a bullish move after locating support above the $160 level. Unfortunately, […]
AVALANCHE PRICE ANALYSIS & PREDICTION (June 13) – Avax Remains Trap In A Range, Yet To Find A Breakpoint
Since Avax switched its bearish correction to a sideways movement in April, trading has remained in a tight range – looking for a breakpoint. Once it finds that breakpoint, we can expect a massive liquidity run. Amid low trading volatility, the last three weeks have been rough for Avax as […]
Bitcoin ETF Volume Reaches Peak As Market Conditions Stir Turnaround Hopes
Bitcoin ETF trading volume surged to its highest level since May 15, according to data from the seven largest ETFs. This spike in volume often signals a potential price turnaround for Bitcoin. 📊 Bitcoin ETF volume has jumped to its highest level since May 15th, according to data from the […]
Ethena’s $ENA Token Drops Below $0.70 Amid Major Whale Activity
Ethena’s $ENA token has fallen below the $0.70 mark. On-chain reports indicate that Whale 0x886 recently deposited the remaining 3.879 million ENA, valued at approximately $2.83 million, to Binance at a price of $0.728. This move marks the conclusion of the whale’s first trade with ENA, resulting in an estimated […]
Bitcoin Experiences 4% Decline Amidst Market Volatility And Historical Q3 Struggles
Bitcoin saw a sharp 4% drop today, falling below the $67,000 mark. Historically, Bitcoin has faced challenges during the third quarter, with an average return of 6.49% and a median return of -2.57%. Beware! Historically, #Bitcoin has struggled in Q3, with an average return of 6.49% and a median return of […]
Ethereum Drops 5% Amidst Heavy Selling By Ethereum Foundation Wallets
Ethereum experienced a significant 5% decline today, dropping below the $3,500 mark. Recent activity from wallets linked to the Ethereum Foundation has contributed to the downward pressure on $ETH. In the past week, three wallets associated with the Ethereum Foundation have been actively selling Ethereum. Two of the foundation’s primary […]
Pendle Drops 7% Amidst Significant On-Chain Movements
Pendle’s value plunged 7% today, coinciding with notable on-chain activities involving major $PENDLE holders. A previously inactive whale moved 755,000 $PENDLE, valued at $3.83 million, to Binance. This whale still holds 4.27 million $PENDLE, worth approximately $21.7 million, with an estimated total profit of $22.8 million, reflecting an 843% gain. […]
Litecoin Sees Decline Despite Surge In Network Activity And Potential Rebound Indicators
Despite a 4% decline today and a 7% drop over the past week, Litecoin has experienced a significant increase in network activity. Over the past week, Litecoin averaged approximately 704,000 unique addresses interacting on the network, a substantial rise from the 345,000 addresses averaged throughout May. This more than doubling […]
RIPPLE PRICE ANALYSIS & PREDICTION (June 11) – XRP May Breakdown From This Tight Range If It Loses $0.47
While most altcoins recently broke down to a new monthly low, XRP is still captured in a tight range as it slowly gathered momentum for a big move. While bias remains bearish, it is deciding on where next to head. In the middle of the storm, Ripple posted a small […]
TRON PRICE ANALYSIS & PREDICTION (June 11) – TRX Forms New Bullish Pattern Despite Market Drawdown, Up 5% Weekly
Against the latest market trends, TRX is up and strong on the daily chart following a consistent increase since last weekend. If trading volume increases, we can expect it to gain more traction in the next few days. Tron went through ups and downs in the past months but has […]
Justin Sun Allegedly Deposits $21M In DeFi Tokens To Binance, Poised For Significant Profits
In the past 30 minutes, Justin Sun, the founder of TRON, allegedly deposited $21 million worth of four DeFi tokens to Binance. The tokens include:- 93,979 AAVE valued at $11.26 million 3,800 MKR valued at $9.3 million 4,178 COMP valued at $245,000 203,623 LQTY valued at $217,000 If Sun decides […]