Cryptocurrency News
Ethereum has become the focal point of discussion within the cryptocurrency community, with traders closely following reports speculating on the SEC’s intentions to reject spot Ethereum ETF proposals in May. This development comes after the approval of spot Bitcoin ETFs on January 11, 2024, and the much-anticipated Bitcoin halving event […]
Bitcoin experienced a volatile trading session today, with its price fluctuating between highs of $65,000 and lows of $62,000. Analysts are closely monitoring these fluctuations and making predictions about future price movements using advanced models. According to predictions by The spotonchain’s analyst team utilizing Vertex AI from Google Cloud, Bitcoin’s […]
After posting notable losses for weeks, Avalanche AVAX found a solid support level and went through a slight retracement this month. But it faced rejection again and showed signs of weakness earlier this week. Last week marked a moment of relief for the bulls as Matic took a short break […]
While some top coins have recovered nicely alongside Bitcoin, Matic still finds it difficult to regain strength as it trades at around wedge’s support. The price is weak as it enters an oversold area on the daily chart. The FUD (Fear Uncertainty and Doubt) surrounding the crypto market lately has […]
Recent data from Spotonchain indicates that whales are continuing to accumulate Ethereum (ETH), despite the recent market turbulence. In the past 24 hours, one prominent whale, identified as 0x435, withdrew a substantial amount of 7,128 ETH ($22.2 million) from Binance at a price of $3,111. Interestingly, despite the market downturn […]
The aftermath of the April 19th Bitcoin halving has sparked varied narratives within the cryptocurrency community. While historical price data post-halving events tends to lean bullish, the trajectory of Bitcoin’s climb to $75K, $100K, and beyond hinges on several factors, including whale and shark behavior, the circulation of dormant coins, […]
Safe, previously known as Gnosis Safe, has emerged as a decentralized asset custody protocol, boasting a robust multi-signature wallet ecosystem across 14 networks and encompassing over 190 projects. The protocol garnered significant attention in July 2022 when it secured a substantial $100 million financing round led by 1kx, signaling strong […]
The Liquid Restaking Token, EZETH, has undergone a significant depegging event, plummeting from a peak of $3,279 to a low of $2,480 within the span of 24 hours. This sudden price movement has caught the attention of crypto enthusiasts and investors alike. A notable whale identified as 0xaa1, linked to […]
Starting this week on a strong note, Hbar exploded massively and saw the most gains in the last 24 hours. As a result, it appeared super bullish on the daily chart, leading the altcoins rally today with a 70% increase. Coming from a major correction phase, Hbar found solid ground […]
As Bitcoin surges back above $67,000, altcoin markets are experiencing a resurgence, with profits flowing into more speculative cryptocurrency assets. According to insights from @santimentfeed’s dashboard, two tokens have particularly caught the attention of traders: $POPCAT: This memecoin has seen a remarkable 41% increase in market capitalization over the past […]
Recent data from Spotonchain reveals that FTX and Alameda Research have made significant deposits of 4,500 ETH ($14.4 million) to Coinbase and Binance in the past 24 hours, signaling continued activity in the Ethereum market. This follows a trend observed since March 1, where the two entities have deposited a […]
The recent Bitcoin halving on Friday has reignited discussions surrounding the cryptocurrency’s high transaction fees, particularly in light of the Runes Protocol’s debut. While some view the surge in fees as a drawback, others argue that it could ultimately benefit the broader crypto market by prompting a rebound. 🤑 High […]
Polkadot DOT has recovered nicely from its monthly low but is currently weak due to a small decrease in the global market cap. However, more growth is expected if the buyers continue to show interest. The past few days have been a sigh of relief in the crypto space as […]
Two weeks ago, Arbitrum ARB climbed back above a key psychological level after dipping near the bottom during the last correction. It is currently in the middle of consolidation, gathering volatility for the next major move. Looking back from where the price started to drop in January, ARB went through […]
Bitcoin’s BTC fear and greed index now stands at 62 following recent bullish sentiment surrounding the market. Its dominance level increased by 2% since last week and the price entered a new trading range today. As expected, Bitcoin’s landscape is slowly changing on the daily chart since the price bounced […]
Following a series of selling in the past month, ETH tested a two-month low and found support. It is slowly regaining strength and now aims at a confluence resistance line, where a potential breakout may occur. Ethereum ended last week’s trading a bit strong after posting losses in the preceding […]
Ethereum has shown signs of recovery, surpassing the $3000 mark and currently trading at $3,200, after experiencing a dip below $2,900 in the past week. On-chain reports indicate that whales are actively accumulating ETH, contributing to the token’s recent uptick. According to Lookonchain data, there are indications that Justin Sun, […]
Bitcoin is currently teetering on a crucial demand zone, where approximately 1.66 million addresses have acquired it at an average price of $64,800. This zone holds significant potential to serve as a robust support level, offering a buffer against further downward pressure in the market. Bitcoin is currently positioned right […]