Cryptocurrency News
The recent drop in Bitcoin’s price to $65.1K has had a ripple effect across the broader cryptocurrency market, leading to a 3.61% decrease in overall market caps over the past 7 days. Additionally, trading volume has experienced an 18.84% decline compared to the previous week. 📉 #Bitcoin's drop to as […]
Following a recent market dip, the price of MKR, the native token of MakerDAO, has experienced a notable rebound of approximately 7% within a span of 10 hours. However, insights from whale activity suggest varying perspectives on the token’s trajectory. A multisignature wallet, likely affiliated with MakerDAO, has made significant […]
As Bitcoin continues to consolidate below its recent all-time high of $73,000, a notable shift in market dynamics is taking place. Long-term holders of the cryptocurrency have entered a distribution phase, selling their holdings to new investors at higher prices. As the #Bitcoin Spot Price consolidates below the new ATH […]
Recent on-chain data analyzed by Spotonchain reveals significant movement of assets involving FTX and Alameda wallets. Approximately $105.9 million worth of 19 altcoins were transferred to two middle wallets in a recent transaction. #FTX and #Alameda wallets moved out $105.9M worth of 19 altcoins to 2 middle wallets ~14hrs ago, […]
The price of $UNI, the native token of the renowned decentralized Ethereum trading protocol, has experienced a 5% decline over the past 24 hours, signaling a period of market volatility. On-chain data provided by Lookonchain has shed light on a significant development: a whale in the $UNI market is actively […]
Losing 6% overnight, Litecoin is currently in the red due to the ongoing bloodbath in the crypto space. Despite that, the price is still looking strong and its short-term outlook remains bullish on the daily chart. After moving out from an accumulation phase in the past month, Litecoin increased significantly […]
The newest addition to Binance Launchpool, $ENA, is generating significant buzz within the cryptocurrency community. Positioned as a synthetic dollar protocol built on Ethereum, $ENA aims to provide a crypto-native solution for money, offering users a versatile and efficient financial tool. Reports indicate that GSR Markets and Wintermute, prominent market […]
The market capitalization of $MEW, a meme coin built on the Solana blockchain, has soared above $600 million once again, currently standing at $611 million. This surge represents a remarkable 280% increase in the past week alone, with a further 14% gain observed today. Recent on-chain reports from Lookonchain highlight […]
Pendle has hit a significant milestone in its market performance, reaching new all-time highs at $5.783 within the last 24 hours. This surge in value coincides with reports of Pendle’s team discussing implementation on the Solana blockchain, leading to increased interest and trading activity on the platform. Amidst Pendle’s price […]
The cryptocurrency market has kicked off the week with a downward trend, particularly affecting altcoins. Investors are closely monitoring the performance of Bitcoin and Ethereum to assess their resilience amidst the broader market downturn. Additionally, there is heightened interest in various trading strategies, with a focus on AI-driven approaches and […]
Matic is in a downward range again after facing resistance in the past week. It has lost 5% this week with no sign of stopping yet. However, the price is trading at a key support level, negotiating for the next leg down. A week ago, Matic initiated another sell after […]
Cardano ADA resumed bearish actions this week following a fresh meltdown across the crypto space. The price appears weak as it heads towards a support line, where a major break or bounce is likely to play. In mid-March, Cardano went through a serious drop after testing the $0.8 level. It […]
Degen has emerged as a notable contender within the cryptocurrency sphere, originating as a reward token within the Farcaster Degen channel. Its ascent has garnered attention from developers, crypto enthusiasts, and investors alike, especially amidst the ongoing surge of Base memecoins. In recent times, Degen has experienced a remarkable surge […]
Arbitrum’s value has seen a continuous decline as the new trading week unfolds, with a 4% decrease recorded today. Spotonchain reports indicate that Wintermute Trading has made additional deposits of 5 million ARB ($8.24 million) to Binance, averaging at $1.65 over the past 6 hours. Notably, this market maker has […]
In the recent recovery, Bitcoin BTC encountered resistance and failed to push higher. While the price remained in a tight range, it currently looks weak on the daily chart – now on the verge of breaking down following a 1% loss. Bitcoin recovered nicely from March’s correction but found it […]
Ethereum’s ETH correlation with Bitcoin’s pattern is still much intact but appears to be lagging in the recent recovery. However, it is down 4% today following the latest decrease in the global market. The bears are showing interest! The late February recovery has temporarily halted due to a choppy price […]
After registering a notable gain recently, Avalanche AVAX suspended bullish and remained calm for weeks. However, it still holds 35% gains monthly amid the latest market sentiments. A big expansion is lurking around the corner. Aavx’s trend remains bullish from a short-term perspective, but it appeared temporarily suspended – subjecting […]
Alongside Bitcoin, larger-cap altcoins have been in the middle of consolidation lately, deciding on the next direction. But Solana SOL has maintained bullish daily as it slowly builds up for a fresh increase. Despite witnessing a slow-down in buying since the price bounced off $163 earlier last week, Sol’s trend […]