Cryptocurrency News
As anticipated, Bitcoin closed last week’s trading well above the $66k level and remained calm following a slight drop. It is charging back at last week’s high. A rejection there could trigger a short pullback. So far, this month has seen quite imbpressive as Bitcoin increased nicely after experiencing a […]
Ethereum ETH continued to lag but has managed to post a double-digit gain in a week, increasing significantly above the key $3k level. It retraced slightly due to a rejection but is now bouncing back following 2% gains. After re-establishing support at the $2,860 level last week, ETH regained strength […]
Earlier this month, Toncoin found support and started to increase after undergoing a short correction in April. That increase brought a full price recovery but it appeared to be rolling back following this bearish pattern. From $7.6 during last month crypto clampdown, TON took a sharp downturn and slowly declined […]
Bitcoin Cash increased by 13% in the past week after establishing base support above a key level. It has formed a bullish pattern on the daily chart, negotiating the next major rally as it faces a minor resistance. Ending a three-week correction at precisely $400, which is now serving as […]
The price of Solana native cat coin, Maneki, has skyrocketed by 83% over the past week. Amid this surge, the address “4pV17t,” suspected to be associated with @wintermute_t, made a significant purchase, spending 2,000 $SOL (approximately $337,000) to buy Maneki at $0.0098 today. We noticed that the address "4pV17t" suspected […]
Amid the resurgence of Real-World Assets (RWA) and the Tokenfi trend, DWF Labs has made a significant move by depositing 3 million TOKEN ($322K) to Gate.io at $0.107 per TOKEN. This transaction highlights DWF Labs’ strategic engagement with the TOKEN ecosystem. Notably, DWF Labs received 120 million TOKEN from two […]
The recent surge in Solana memecoins has seen a sudden reversal, with $POPCAT and $WIF declining by 18% and 13% respectively today. This downturn follows a period of significant gains, during which $POPCAT reached an all-time high of $0.722. On-chain data suggests that whales are now taking profits from the […]
The sentiment around Bitcoin has turned decidedly bullish following a surprise surge past $66,000 on Wednesday, now climbing above $67,200. This price jump has sparked renewed interest among large holders. Notably, addresses holding over 1,000 BTC have collectively increased their holdings by 250,000 BTC since the launch of Bitcoin ETFs, […]
Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor. Even if the ETF is rejected, there is a high likelihood of […]
Chainlink (LINK) has experienced a significant surge, with its market cap climbing by 19% in the past 24 hours, decoupling from the broader altcoin market. This rally has brought the number of 100,000+ LINK holders to 564, marking a 4.6% increase in just five weeks. If social dominance remains stable […]
Matic’s bull appears a bit weak today after witnessing a small growth in the last couple of days. However, the trend is still looking bearish daily while it ranges above a six-month broadening wedge’s support. Since last month, Matic has been finding it difficult to regain momentum as the price […]
ICP is slowly picking up again after witnessing a huge reduction in the past weeks. Showing signs of strength in the past hours, the price is now up 15% following a sharp bounce off a key level this week. More gains lie ahead! The past month’s recovery appeared to have […]
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
Render Token (RNDR) has experienced a sharp decline, dropping another 11% today and trading just below the $10 mark. This decline follows a series of large transactions by major holders. According to on-chain data, Whale 0x4e4 recently deposited an additional 150,000 RNDR, worth approximately $1.57 million, to Binance at a […]
The Gamestop and AMC mania has permeated the cryptocurrency market, drawing parallels between the speculative nature and crowd empowerment seen in both sectors. These two companies have become the top trending topics on cryptocurrency platforms, capturing the attention of traders and investors alike. 🎮📽️ The #Gamestop and #AMC craze has […]
Bitcoin ETF volumes are gaining significant momentum, with the seven largest ETFs recording a combined $5.65 billion, marking the highest daily volume since March 24th. This surge indicates a shift in market dynamics, moving beyond the days when whales predominantly accumulated Bitcoin on-chain. 📈 #BitcoinETF volume is picking up major […]
After taking a two-week downturn, DOT located a threshold and initiated a fresh increase following a sudden 5% surge yesterday. It paused buying and now looks indecisively weak on the daily chart. Since the price bounced sharply from $5.7 last month, DOT has remained in a consolidation phase, looking for […]
While trading in a range-bound, Ripple showed signs of strength today as it tapped a 4% gain. Despite a steady decline in the daily volume indicator, it found support again and continues to foot a fresh increase. Ripple’s XRP has reacted positively to the latest increase across the market, bouncing […]