Cryptocurrency News
Bitcoin faced a significant downturn, dropping below $40K for the first time since December 4th, causing widespread concern across the cryptocurrency market. Monday witnessed notable setbacks for various digital assets, with Bitcoin and Ethereum experiencing a 35% and 21% reduction in discussions compared to the previous ETF approval week. 📉 […]
Bitcoin went through a serious decline in the past weeks after testing a two-year high earlier this month. It has shown no signs of stopping yet as it may witness a bigger bloodbath in the upcoming weeks. Last weekend came with a small relief for BTC after losing momentum throughout […]
Recent Ethereum (ETH) market dynamics reveal a mixed picture, with reports of both selling and accumulation activities among major holders. Despite the Ethereum Foundation’s reported sale of 700 ETH for 1.684 million DAI at an average price of $2,422 over six days, whales are seizing the dip in ETH prices. […]
Following the recent milestone of Bitcoin Spot ETF approval, altcoins are displaying notable divergence in market dynamics: Ethereum Name Service (ENS) has witnessed an impressive surge, marking a remarkable 163% gain in the last month. ENS, propelled by positive remarks from Ethereum founder Vitalik Buterin, reached a peak of $27 […]
As of the latest data, the XRP Ledger, Ethereum, and Bitcoin are all witnessing profit levels above 80%, a scenario not seen since March ’22. The current supply in profit for Bitcoin stands at 83%, Ethereum at 84%, and XRPLedger at 81%. Historically, these levels are considered high-risk profit zones, […]
Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable […]
Blockchain networks Klaytn, backed by South Korea’s Kakao, and Finschia, developed by Japan’s LINE, have unveiled a merger proposal aimed at combining their technologies and user bases, potentially establishing the most extensive web3 ecosystem in Asia. The proposed merger between the leading blockchains in Japan and South Korea anticipates the […]
Since the introduction of the Bitcoin ETF last week, Bitcoin’s price has shown modest performance, hovering around the $42,000 mark. Despite a spike to $48,000 during the ETF certification process, significant selling pressure has emerged in the aftermath. Reports from Santiment reveal that prominent Bitcoin wallets are swiftly liquidating older […]
Ethereum saw a big breakout last week but failed to sustain the momentum. The price rolled back quickly and ended the week in the red. It resumed selling today with a 2% loss with a market dominance of 18%. The $2,700 range, which has been much-anticipated in the past months […]
Last week saw Bitcoin through a huge loss following a sudden drop from a two-year high. It ended that week in bearish mode and has yet to find solid ground up till now. So far, it has lost 3% of its dominance against altcoins. During last week’s trading, Bitcoin broke […]
This weekend brings an interesting twist to the crypto market, with a notable prevalence of short positions over longs in a specific group of cryptocurrencies. Notably, Axie Infinity ($AXS) and Bitcoin Cash ($BCH) defy the general trend, standing out as exceptions among traders who anticipate an imminent market bounce. In […]
Chainlink (LINK) is demonstrating potential signs of a revival, overcoming recent challenges in the market. Over the weekend, LINK experienced a noteworthy breakthrough, reaching $15.82 for the first time in two weeks. A particularly significant aspect of this resurgence is the fact that exchanges now hold less than 15% of […]
In the last month, Maker (MKR), the governance token linked to MakerDAO and the Maker Protocol, has seen an impressive 70% surge in its price. A recent analysis by LookOnChain, a prominent on-chain expert, suggests that during this period, significant crypto whales have been actively accumulating MKR. The report highlights […]
Following recent breakdowns of key support levels, Link bounced back a bit but finds it difficult to push above the $16 level. It initiated another leg down this week, aiming a lower price levels in the upcoming week. In late December, Link initiated a drop after failing to increase above […]
Despite the latest decrease in the market cap, causing most altcoins to dip, SUI defied odd and posted an impressive gain overnight. Following the latest surge in volatility, it is leading the altcoins rally at the time of writing. After taking off from $0.37 late last year, SUI increased steadily […]
In the past week, SUI has seen fluctuating prices but generally an upward trend, backed by robust support levels and expectations of continued market volatility. Within the tech sector, SUI is gaining prominence, notably with recent developments like BitMateX’s introduction of the SUI public chain and collaboration with Karrier One. […]
The governance token for the Blur NFT marketplace and aggregator platform, Blur Token (BLUR), is making waves with a live price of $0.611 USD and a robust 24-hour trading volume of $520 million. Impressively, BLUR has experienced a notable 13.12% increase in the past 24 hours. The recent approval of […]
Amidst a historic day in the United States and the cryptocurrency realm marked by the launch of the first exchange-traded fund (ETF) dedicated to a single commodity, Bitcoin demonstrated resilience, maintaining a stable position around the $46,000 mark. Data from Binance indicates a notable pattern where the increase in Bitcoin […]