Large amounts of Bitcoin have been recently moved by the MtGox trustee, consolidating billions of dollars worth of BTC. This transfer has resulted in a net drop of 65 wallets holding between 1,000 and 10,000 BTC, while there has been a net rise of 3 wallets holding between 10,000 and […]
Tag: crypto
Bitcoin Consolidation Continues Amid New Accumulation Trends And Major Transfers
Bitcoin’s price remains just shy of its all-time high, exhibiting consolidation as long-term investors start to re-accumulate coins for the first time since December 2023. This renewed interest among holders suggests a bullish sentiment building in the market. Additionally, the TD Sequential indicator has presented a buy signal on the […]
Ether Inflows To Exchanges Surge To Highest Levels Since January
The cryptocurrency market saw significant activity over the weekend, with the amount of Ether (ETH) flowing into exchanges reaching its highest point since January. On Saturday, a netflow of 140,660 ETH was recorded, marking the largest net deposit to exchanges in over four months. High inflows to exchanges are typically […]
Floki Coin Nears New All-Time High Amid Significant Price Surge
The value of Floki Coin ($FLOKI) has experienced a remarkable surge, gaining 7% today and reaching a 24-hour high of $0.000311, edging closer to a new all-time high. This bullish momentum has drawn considerable attention within the cryptocurrency community. As the price of $FLOKI continues to climb, notable on-chain activities […]
RIPPLE PRICE ANALYSIS & PREDICTION (May 29) – XRP May See Another Dip If Bulls Fail To Return, Still Ranging
XRP has seen a little recovery since last month but the price is still trapped in a range bound, looking for a key break point to initiate the next major move. It is currently down 2% today after rejecting a key level. Bouncing sharply off the $0.42 level in April, […]
CARDANO PRICE ANALYSIS & PREDICTION (May 29) – ADA Sits Well Above $0.4, Finding A Break From A Six-Week Ranging
ADA tried to regain strength two weeks ago, but it lost momentum and continued to show signs of weakness daily. While ranging, it has shed a 10% loss in a week as it slowly rounds up the month in a negative mode. The late last month’s recovery has brought a […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 28) – BTC Calms At $69k, Can It Conquer This Key Resistance Line In The Next Rally?
Bitcoin BTC continued to remain calm after rejecting a key resistance line last week. While failed to push back above $70k, it found a new support and bounced off; but there’s not enough volatility to sustain buying pressure. Following a nice recovery from a low of $57,000 to a high […]
ENA Approaches $1 Mark Amidst Mixed Market Activity
Over the past week, the value of ENA has surged by 12%, bringing it close to the $1 milestone. Despite this bullish trend, some notable market movements have been recorded as the new trading week begins, with ENA showing stability amidst both inflows and outflows. https://x.com/ai_9684xtpa/status/1794932147540906169?t=YSXau2pRRp2IyizasLYHng&s=19 One significant transaction involved […]
Normie Memecoin Crashes After Devastating Attack, Losing 99% Of Its Value
In a dramatic turn of events, the memecoin market witnessed a significant setback as Normie (NORMIE) fell victim to a severe exploit that wiped out nearly 99% of its value in just one day. Following the attack, NORMIE’s market capitalization plummeted to a mere $2,700 at press time, causing panic […]
Surge In Active $MAGA Addresses Fuels Bullish Momentum Amid Massive Gains
Recent data from Santimentfeed reveals a significant surge in active $MAGA addresses, skyrocketing nearly 300% from 626 on Saturday to 2,498 on Monday. This increase in activity supports a bullish outlook for the memecoin, reflecting heightened investor interest and market engagement. 💻 @santimentfeed data reveals an increase in active $MAGA […]
ONDO PRICE ANALYSIS & PREDICTION (May 27) – Ondo Pauses Buying After Tapping A New High, Time For Pullback?
Ondo has seen a notable recovery since the start of the month, but this week marked its highest volatile period as it broke out to a new high. It appeared bullish daily but is likely to pull back due to a slight rejection. After five weeks of consolidation phase, accompanied […]
CHILIZ PRICE ANALYSIS & PREDICTION (May 27) – CHZ Turns Weak After Retesting Key Breakdown Level, Can It Bounce Back?
Yesterday saw Chiliz CHZ through its highest daily volume inflow since last month. That led to a huge surge as it retested a key level with rejections. It briefly lost steam and is now looking down 5% at the time of writing. Chiliz saw a lot of gain in the […]
Whale Activity Surges Amid Ethereum ETF Approval Anticipation
Bloomberg ETF analyst James Seyffart has forecasted that demand for spot Ethereum ETFs could reach 20% to 25% of that for Bitcoin ETFs. This prediction stems from Ethereum’s market size, which is roughly 30% that of Bitcoin. However, Ethereum ETFs have limitations, including the inability to stake and leverage on-chain […]
Teneo Deposits 1.035M STRK To Binance Amid 3AC Liquidation Efforts
In the latest development surrounding the liquidation of Three Arrows Capital (3AC), Teneo, the appointed liquidator, has made significant moves with their STRK holdings. Over the past 24 hours, Teneo deposited another 1.035 million STRK tokens to Binance, valued at approximately $1.25 million at a price of $1.202 per token. […]
OPEN CAMPUS PRICE ANALYSIS & PREDICTION (May 25) –EDU Faces Rejection After Rallying 140% In A Week, Incoming Retracement?
EDU appeared super bullish this week following a break out of a month consolidation phase. Although, it has cooled off briefly due to recent rejection. But it may claim more highs if the price continues to surge. Following weeks of consolidation above the $0.47 level, which acted as base support […]
CONSTITUTION DAO PRICE ANALYSIS & PREDICTION (May 25) – People Taps New High After Exploding 400%, But Now Faces Rejection
People saw a massive surge in the past weeks and reached a significant milestone following another 10% daily increase. It looks strongly bullish on the day but is now showing signs of weakness on the daily chart. Ahead of the major bull run, People started this month with a slow […]
Ethereum Ecosystem Tokens See Significant Withdrawals Amid Price Surge
In a notable market move, fresh multisignature wallets have withdrawn a total of 43.19 million $ENA tokens, valued at $35.68 million, from exchanges Gateio and Bybit over the past week. This activity coincides with a 28% price surge in $ENA over the last seven days, resulting in these wallets accumulating […]
SEC Approves Ethereum ETFs Amid Speculation And Market Movements
The U.S. Securities and Exchange Commission (SEC) has approved Form 19b-4 for eight Ethereum ETF issuers, including financial giants BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. While this approval is a significant milestone, these issuers must still have their S-1 registration statements go effective before trading […]