Cryptocurrency News
After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]
Bitcoin recently underwent a serious reduction as it dipped to a two-month low. However, it has regained some lost ground in the past few days following a monthly recovery. It is facing resistance at the moment. Last month was an ugly period for Bitcoin, witnessing a notable break below the […]
Avax appeared bullish following a steady increase in the last five days. Although it looks indecisive, but remains strong on the intraday trading. More gains should be expected if the bulls continue to sustain pressure. After going through a lot of reductions in the past weeks, Avax eventually found a solid […]
A shocking incident has emerged in the cryptocurrency community, with a trader reportedly falling victim to a phishing attack resulting in a staggering loss of $71 million. The unfortunate sequence of events unfolded when the trader, in a routine transaction, created a new address labeled “0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91” and transferred 0.05 $ETH […]
Over the weekend, Bitcoin experienced a bullish rebound, propelling its market cap to a current high of $64,100, marking an impressive 8.7% increase in just 24 hours. This surge has led to a significant shift in trading sentiment on Binance, with traders swiftly moving from liquidated short positions to long […]
The native token of the decentralized trading protocol Uniswap has seen a significant surge, with an 11% increase in price and a whopping 51% gain in trading volume over the past 24 hours. As excitement mounts over the token’s performance, a notable development has emerged involving a sizable transfer of […]
After experiencing a notable decline of up to 18% over the past week, the price of Pendle has staged an impressive comeback, surging by 9% in the last 24 hours. The resurgence in Pendle’s price coincided with intriguing activity from Whale 0x982, who appears to be a significant investor in […]
There’s a buzz in the cryptocurrency community surrounding Cardano, with many eyeing it as potentially primed for a parabolic bull run. The recent 50% price drop that ADA experienced over the past month has caught the attention of investors, who see it as a golden opportunity. Drawing parallels from historical […]
In recent days, the XRP Ledger has witnessed a surge in activity as dormant tokens have begun to move, reminiscent of a similar occurrence back in April. This movement, highlighted by the Token Age Consumed metric from Santiment feed, mirrors the spike observed just before XRP experienced a significant drop […]
Amidst a flurry of activity, Optimism OP, the leading Layer2 project, has experienced a remarkable uptick, with its total addresses surging by 22% over the past week. One notable event in this surge was the significant purchase made by Whale 0x8b9, who invested 2,000 ETH (equivalent to $5.99 million) to […]
The recent decision by the Federal Open Market Committee (FOMC) to maintain US interest rates within the 5.25% to 5.50% range, a status quo held since July 2023, has elicited mixed reactions within the cryptocurrency community. While unchanged rates would typically be cause for celebration in traditional markets, many in […]
Ethereum, the leading blockchain platform, achieved a significant milestone as April drew to a close. On April 28th and 29th, the network witnessed the creation of 266.6K new wallets, marking the highest two-day surge in network growth since October 8th and 9th, 2022. Despite facing price fluctuations, this robust expansion […]
Yesterday, Polkadot DOT found a temporal support after falling consistently for a week. The price increased and broke slightly above a crucial resistance line, suggesting a possible bullish reversal pattern on the daily chart. Last week saw DOT through another decline after retesting the $7.58 level as resistance. It rolled […]
Amid latest bloodbath in the overall market, XRP registered some losses as it dipped below $0.5 yesterday. Hence, it has seen a slight increase over the past hours and is now attempting to climb back on the daily graph. XRP has been subjected to a consolidation mode for the past […]
Bitcoin experienced a significant 6.0% drop in the past 24 hours, sparking fear and uncertainty among traders. However, this dip has also led to discussions about a potential relief rally on the horizon. 📺 After #Bitcoin's -6.0% drop in the past 24 hours, we're starting to see an appealing level […]
Celsius Network has made a significant move by burning a substantial portion of its CEL tokens, totaling 652.2 million CEL, equivalent to $85.75 million. This action represents a staggering 93.7% of the total CEL supply, effectively reducing the current total supply to 40.6 million CEL, as reported by CoinGecko. Following […]
The cryptocurrency market experienced a notable drop in April, marking its first month of decline since August 2023, despite a significant rally observed between October and March. Investors are now anticipating a relief rally, but its fruition hinges on a consistent flow of fear, uncertainty, and doubt (FUD) from the […]
Solana SOL saw a nice recovery in the mid-month but quickly lost steam after retesting a key price level. It is currently in the red following a 15% cut in the last eight days. Now looking for another solid ground to halt selling. Last week, Solana traded as high as […]