Ethereum resumed selling pressure this week after experiencing a little retracement last. While on the verge of breaking down a key price level, it has posted roughly 7% loss in the past week. Rejecting $4,100 and $3,700 in the past weeks, Ethereum has found it difficult to push above the […]
Tag: crypto
BITCOIN PRICE ANALYSIS & PREDICTION (April 17) – BTC Takes Downturn Again After A Rejection, Where Next?
After taking a short bearish break last weekend, Bitcoin recovered briefly and later faced resistance near $67k yesterday. It lost ground again and now taking another downturn. Last Saturday, Bitcoin tested a low of $60,775 after witnessing a roller coaster throughout the week. Eventually, that low held as support and […]
Ethereum Layer 2 Solution $METIS Faces Steep Decline Amid Market Volatility
The Ethereum layer 2 scaling solution platform $METIS has experienced a further decline of 7% today, adding to its losses of 40% over the past 7 days. The platform’s performance reflects the ongoing volatility in the cryptocurrency market. Recent on-chain reports indicate that a suspected $METIS market maker address has […]
Blur (BLUR) Struggles As Lockup Tokens Unlock
Blur (BLUR) is facing significant challenges in the cryptocurrency market, with its recent struggles reflected in a 31.67% decrease in market cap over the past week and a further 6% decrease today. These declines underscore the difficulties the project is currently encountering. Recently, Blur unlocked 38.42 million BLUR tokens, valued […]
DWF Labs Faces Loss Amid Space ID Token’s Drastic Decline
The Space ID token has experienced a significant downturn, with a staggering 60% decline over the past 30 days, followed by drops of 26% in the last 7 days and 9% today. Amidst this downturn, on-chain reports reveal intriguing activity involving DWF Labs, a prominent entity in the cryptocurrency space. […]
Ethereum Community Debates Monetary Policy Amidst Rising Interest And Price Decline
As cryptocurrency prices continue their downward trend, Ethereum has emerged as a focal point of discussion, experiencing a notable surge in conversation volume. Despite the overall market decline, the introduction of a new ETF has sparked increased interest in Ethereum, the second-largest cryptocurrency by market capitalization, even as short positions […]
Ethena Sees 10% Gain Despite Weekly Losses; Whale Stakes Large ENA Holdings
Amidst broader market fluctuations, Ethena has surged by 10% today, offering a glimmer of optimism despite a 9% loss on the weekly chart. Spotonchain data reveals notable activity from Whale 0x886, who recently executed significant transactions involving ENA (Ethena’s native token). The whale withdrew 6.954 million ENA ($7.99 million) from […]
Pendle Defies Market Crash With 22% Surge; Dormant Wallet Reawakens
Despite the recent turmoil in the cryptocurrency market, Pendle stands out as a beacon of resilience, boasting a remarkable 22% gain today and showcasing bullish behavior across all timeframes. Amidst the surge in price, Wallet 0x01f, believed to belong to a seasoned investor, has sprung back to life after nearly […]
Chainlink’s LINK Sees Price Slowdown Despite Recent Whale Activity
Chainlink’s native token, LINK, which demonstrated strong performance earlier this year, is currently experiencing a deceleration in its price momentum, with the cryptocurrency trading around $14.25. Over the past week, Chainlink (LINK) has witnessed a significant decline of -22%, followed by a monthly decrease of -25%. Despite this, the price […]
DOGWIFHAT PRICE ANALYSIS & PREDICTION (April 14) – WIF Increases 50% From Recent Low But Faces Rejection, More Dips Looming
Several meme coins have shed huge losses amid the latest clampdown, but Dogwihat WIF has managed to regain strength today – leading the market’s top gainer chart with a 25% gain in the past 24 hours. It looks a bit strong. The leading Solana-based meme coin – WIF started this […]
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (April 14) – Ordi Finds Support After Dipping To A Four-Month Low, Will It Produce Rebound
Initiating another sell-off this week, ORDI dipped to a four-month low and held it as support. The price bounced briefly in the past hours but it is currently the biggest loser of the day with a 17% drop in under 24 hours. Starting this week a bit strong, Ordi managed […]
Yield Guild Games (YGG) Sees Decline Below $1 Amid Market Volatility
Yield Guild Games (YGG) faced a downturn in the past 24 hours, slipping below the $1 mark. The cryptocurrency, which was once valued higher, has experienced a decline in both its price and market position in recent times. According to reports, Wintermute, a significant player in the crypto space, made […]
DWF Labs Reports $8 Million In Gains From JasmyCoin Trading Since June 2023
DWF Labs, a prominent market maker and institutional investor in the cryptocurrency sphere, has disclosed impressive gains exceeding $8 million from trading JasmyCoin (JASMY) since June 2023. This revelation comes amidst a volatile market environment, with cryptocurrencies experiencing fluctuations in value. According to data sourced from Spotonchain, DWF Labs recently […]
Smart Money’s Timely Exit from Cryptocurrency Positions Saves Millions Amid Market Decline
As the cryptocurrency market experiences a significant downturn, one savvy investor’s decision to liquidate positions at the right moment stands out as a wise move. The recent 7.6% drop in the total market value of cryptocurrencies highlights the importance of strategic decision-making in navigating volatile market conditions. The investor, referred […]
AVALANCHE PRICE ANALYSIS & PREDICTION (April 13) – AVAX Posts Bigger Losses But Appears Reaching A Turning Point
After losing more than 30% in a week, Avax continued to show signs of weakness as it bleeds towards the yearly low. While losing this low could result in a bigger sell-off, a stronghold above it could trigger a bounce. Following the ongoing pre-halving crash, which has led most altcoins […]
BITCOIN CASH PRICE ANALYSIS & PREDICTION (April 13) – BCH Tests Minor Support Amid Bloodbath, Potential Recovery?
In the latest bloodbath, Bitcoin Cash BCH appeared highly bearish weekly and now trades comfortably under the $500 level. It is amongst the biggest losers of the day with a 25% drop in the last 24 hours. The last 48 hours have been a tumultuous period in the crypto space […]
Ethena’s All-Time High Hits $1.516 With Smart Trader Activity
In the past 24 hours, Ethena’s all-time high surged even further, reaching $1.516, reflecting the continued bullish sentiment surrounding the cryptocurrency. Recent on-chain reports reveal notable activity from smart trader 0x432, who strategically invested 725 Ethereum (approximately $2.59 million) to purchase 1.783 million $ENA tokens on-chain at an average price […]
SushiSwap’s $SUSHI Token Sees Significant Decline Amidst On-Chain Activity
SushiSwap’s $SUSHI Token Sees Significant Decline Amidst On-Chain Activity Over the past month, SushiSwap’s native token $SUSHI has experienced a notable decline in value, shedding 32% of its value in the last 30 days, with an additional 8% drop recorded today. Insights from on-chain reports provided by Spotonchain suggest that […]