As the crypto market turns down ahead of the upcoming US elections, Ethereum shows strength today as it bounced off a key level overnight. It remains weak on the day while the bulls are trying to come back. Following several attempts to come back in the past months, Ethereum struggled […]
Tag: crypto
BITCOIN PRICE ANALYSIS & PREDICTION (November 5) – Bitcoin Sits Under $70k As US Election Nears, Poises For A Surge
Bitcoin’s bias remains bullish in the short term but has briefly lost buzz due to the recent drops. However, it appeared to have found temporal support but still looks weak as it follows negative sentiment daily. Bitcoin surprised many traders during last month’s trading as it exploded massively close to […]
Solana Surges In Activity As Active Addresses and Memecoin Trading Reach New Highs
In October, Solana set a record with 123 million active addresses, a remarkable 42% increase from September’s levels and a significant leap from just 12.7 million at the start of the year. Solana's active addresses reached a record high of 123 million in October, marking an increase of over 42% […]
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars
USDT On The TON Network Soars To $1 Billion Amid Remarkable Growth, TRON Soars In a remarkable turn of events, the $TON blockchain has seen its USDT holdings skyrocket from just $130 million in May 2024 to over $1.02 billion—an astonishing increase of 670% in just six months. This surge […]
Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market
As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]
Ethereum’s Profitability Landscape: Analyzing Current Address Performance At $2,458.51
As Ethereum ETH hovers around $2,458.51, an analysis of address profitability reveals that a significant majority of holders are in the money. Currently, there are approximately 59.08 million ETH held by addresses in profit, accounting for around 79.92% of total addresses. Conversely, about 14.62 million ETH addresses are facing losses, […]
SOL Sales And Rising DeFi Activity Mark Solana’s Q3 Progress
Recently, pump.fun’s fee income account continued its SOL sales, transferring 90,000 SOL (valued at $14.97 million) to Kraken just five hours ago. To date, pump.fun has collected around 1.092 million SOL (approximately $182.45 million) in transaction fees, out of which roughly 709,000 SOL ($111.93 million) were sold at an average […]
Aptos Reaches New Heights With Record On-Chain Activity And USDT Integration
Aptos is experiencing unprecedented levels of on-chain activity, with USDT recently arriving on the platform and gaining rapid adoption across its DeFi ecosystem. This week’s stats provide a compelling snapshot of Aptos’ growing impact: – Over 33 million transactions processed – Approximately 4 million active users, boosting monthly totals beyond […]
Trump’s Betting Odds Slip On Polymarket As Harris Gains Momentum
Recent data from Polymarket reveals a shift in betting odds between former President Donald Trump and Vice President Kamala Harris. Trump’s winning odds, which peaked at 67% on October 30, have since dropped to 58.1% as of November 2. Meanwhile, Harris’s odds have risen from a low of 34.4% to […]
Ripple’s Q3 2024 XRP Markets Report Shows Major Gains Amid Key Partnerships And Growing Institutional Interest
Ripple’s Q3 2024 XRP Markets Report is out, highlighting pivotal developments and promising metrics for the XRP ecosystem. This quarter has been eventful, marked by significant advancements in the market, including partnerships and strategic milestones that signal a strong outlook for XRP. The Q3 ‘24 XRP Markets Report is now […]
TRON Network’s $1 Billion USDT Minting Pushes Transaction Dominance To 43%
The TRON network has recently experienced a surge in activity, driven by the minting of $1 billion in USDT, bringing TRON’s total USDT supply to roughly $62.8 billion from a previous $48.8 billion. This latest influx highlights TRON’s growing influence as a leading platform for stablecoin transactions. New $1.0B USDT […]
Bitcoin Surges As Ethereum Holds Steady; Market Eyes Election-Driven Volatility
Bitcoin ($BTC) has been gaining impressive momentum, with both its price and open interest sharply rising, indicating strong upward movement. While Ethereum ($ETH) remains stable and hasn’t yet mirrored Bitcoin’s ascent, investors are keeping a close watch for potential shifts, as ETH could soon follow BTC’s trend. $BTC is on […]
Meme Coin Hunter Nets $1.77M Profit On $Pnut In 2 Days But Misses Out On Even Bigger Gains
A savvy trader diving into the meme coin scene has scored an impressive $1.77 million profit on $Pnut within just two days. Despite only starting his meme coin trading journey 15 days ago, this trader has actively bought and sold 62 different tokens, maintaining a win rate of 43.55%. This […]
SUI PRICE ANALYSIS & PREDICTION (November 4) – SUI Sees 12% Loss But Can It Hold Above This Key Monthly Low
After a failed attempt to break higher this week, SUI lost momentum and turned weak. It currently approaches a key monthly low where a major move is likely to occur. The trend is still in favour of the bulls. Looking back from where the price bounced back in August, SUI […]
TRON PRICE ANALYSIS & PREDICTION (November 4) – TRX Sets For Bigger Moves As It Nears All-Time High, Breakout Ahead
After bouncing off a key support level in September, TRX showed signs of strength and recovered to the recent top. Facing rejection, it briefly lost momentum but remains strongly bullish from a long-term outlook. TRX’s performance has been impressively overwhelming over the past months following a steady increase. After bouncing […]
LITECOIN PRICE ANALYSIS & PREDICTION (November 4) –LTC Forms New Bullish Pattern, Is A Fresh Increase Underway?
As altcoins continue to lose momentum amid the latest fall, Litecoin found solid ground and bounced with a double bottom. A strong close above the previous high should send the bulls back into action. The steady contraction in Litecoin’s price reveals a low buying volume since it rejected the $50 […]
Reddit Sells Most Of Its Crypto Holdings As Ethereum Sees Positive Futures Sentiment
Documents filed by Reddit with the U.S. SEC reveal that the social media platform has sold the majority of its cryptocurrency holdings in Q3 2024, including reserves held in Bitcoin and Ethereum. This marks a shift in strategy for Reddit, which previously held these assets for financial reserves. The move […]
Token2049 Highlights: Real World Assets And Stablecoin Growth Spark Industry Attention
Real World Assets (RWAs) have emerged as one of the most notable themes at Token2049, standing out among the 800 side events alongside AI. Renewed interest in RWAs surged following comments from BlackRock’s CEO, who suggested that all assets could eventually be tokenized. This perspective, coupled with Tether’s recent profit […]