TON decreased by 1% today in continuation of the monthly drawdown, but it is still trading in the buying zone on the monthly timeframe. A drop below the May low may fuel huge selling pressure in the coming week. Last month, TON reached a new milestone after rallying by 3x […]
Tag: cryptocurrency
MAKER PRICE ANALYSIS & PREDICTION (July 29) – MKR Finds Support But Can It Hold Strong Following A 2% Daily Surge?
Maker is currently in a downward range after rejecting a key level two weeks ago. However, it appeared to have found temporal support and is now gaining traction following a small increase since yesterday. After dropping for almost three months, Maker reached an exhaustion selling point and bounced briefly above […]
$TAO: Leading the Charge In Decentralized AI Market Growth
Bittensor_’s mission to accelerate the development of open-source intelligence markets for AI applications is unmatched in the Web3 space. Central to this mission is $TAO, the altcoin that powers Bittensor’s decentralized machine learning network, which has taken a prominent position in the current bull cycle. 1/4 "A decentralised blockchain based […]
GameFi Gaining Momentum On TON Blockchain As Key Projects And Tokens Surge
In a recent X space session, TON Blockchain and BitgetWallet have been highlighting the GameFi theme, capturing the attention of crypto communities for a month. Prominent GameFi projects on the TON chain, such as $NOT, $GMT, and $GMEE, are drawing significant interest. #GameFi is the upcoming trend? 😬🤔@ton_blockchain and @BitgetWallet […]
Uniswap Team Wallet Deposits 1.19M UNI To Coinbase Prime Amid Price Fluctuations
A significant move by a Uniswap team, investor, or advisor wallet, identified as 0x63b, saw the deposit of 1.19 million UNI tokens, valued at $9.15 million, to Coinbase Prime today. This wallet had previously received 9 million UNI from Uniswap on September 17, 2020, when the token was priced at […]
JUPITER PRICE ANALYSIS & PREDICTION (July 18) – JUP Rejects $1.2 But Can It Overcome Following This Bullish Pattern?
Following a short break in buying, JUP took a little downturn this week and resumed positive actions after finding support nearby. It appeared bullish and ready to tap more highs but faced rejection at a key level. Last week appeared more volatile across the crypto space following a two-week recovery […]
Bitcoin’s Exponential Gains And Market Dynamics: A Closer Look
Bitcoin has historically exhibited exponential gains during bull cycles, although each cycle has also seen significant drawdowns. The current upward momentum is driven by the anticipated approval and influence of spot ETFs, which are expected to bring more investors into the market. New inflows haven't even started yet “Bitcoin's upward […]
Helium ($HNT): Leading The Charge In DePIN With Strong Demand-Side Traction
Helium ($HNT) is rapidly emerging as a standout in the Decentralized Physical Infrastructure Networks (DePIN) category, demonstrating the strongest demand-side traction. This demand has translated into a significant market response, with $HNT experiencing a 21% increase over the past week and a 53% surge over the past 30 days. Demand-Side […]
$AAVE: Quietly Dominating the Web3 Lending Market
This year, $AAVE has quietly doubled its Total Value Locked (TVL) to an impressive $21 billion. Active loans, revenue, and fees have surged, outpacing market capitalization growth and cementing $AAVE’s position as a dominant force in the Web3 lending market. Lending Market Dominance: Over the past three years, $AAVE has […]
Comparing $RAY and $UNI: Is Radium Undervalued?
$RAY, the native utility token of the Radium DEX on Solana, could be significantly undervalued compared to $UNI, the token of Uniswap, according to an analysis by Sonyasunkim. Here’s a breakdown of their findings on the two DEX giants in terms of fundamentals, valuations, and potential reasons for mispricing. Fundamentals: […]
CARDANO PRICE ANALYSIS & PREDICTION (July 26) – ADA Bounces Back Above $0.4 After A Slight Pullback, Signals Fresh Buy
ADA has continued to suspend bearish momentum following the latest buying pressure, although there is no certainty if it will last long. A surge above the monthly high could trigger a new positive sentiment. Following this month’s recovery from a low of $0.317 to a high of $0.45, which led […]
Major Whale Liquidates $PENDLE Holdings, Suspected Institutional Activity
A significant whale, previously the second-largest holder of $PENDLE, has begun selling their holdings at an accelerated pace. In the past 12 hours, this whale transferred 489,000 PENDLE tokens (approximately $1.96 million) to Binance, netting an estimated profit of $1.78 million, with a cost basis of $0.35 and a transfer […]
Bitcoin Accumulation Phase Signals Potential Rebound
Bitcoin is currently in an accumulation phase, with significant activity suggesting strong potential for a rebound. Over the past month, 358,000 BTC has shifted to permanent holder addresses, reflecting a long-term bullish sentiment among large investors. In July alone, global spot ETF inflows amounted to 53,000 BTC, indicating substantial institutional […]
Whale Activity And ETF Movements Signal Turbulence In Ethereum Market
A significant whale with a staggering $173 million profit from Ethereum recently deposited 10,000 ETH, worth $34.2 million, to Kraken just hours before the price of Ethereum plunged. This whale’s strategic moves are noteworthy: – Withdrawals: In August and September 2022, the whale withdrew 96,639 ETH from Coinbase at an […]
TRON PRICE ANALYSIS & PREDICTION (July 25) – TRX Resumes Buying After Short Retracement, Bigger Surge Ahead
Tron is showing signs of strength again after undergoing a short retracement. While most altcoins are seriously down today, it is trading in the top gainers spot following a 2% increase in the last 24 hours. After almost reclaiming this year’s high, TRX saw a rejection at $0.143 and entered […]
Litecoin Network Sees Explosive Growth In Addresses And Ordinals
The Litecoin network continues its impressive growth trajectory, with the total number of addresses holding a balance now exceeding 8 million. This marks an increase of over a million new hodlers in the past year, according to data from IntoTheBlock. This surge reflects a growing interest and confidence in Litecoin […]
dYdX Website Compromised: Users Urged To Exercise Caution
Yesterday, dYdX announced a security breach affecting their dYdX[.]exchange website. The team warned users to avoid visiting the site, clicking any links, withdrawing funds, or interacting with the website in any way. We just learned that dYdX v3 website (dYdX . exchange) has been compromised. Please do not visit the […]
LDO Faces Downtrend As Major Transfers Signal Potential Sell-Off
Lido DAO (LDO) is currently experiencing a downtrend, hovering around a key support level. In a notable development, prominent crypto influencer @cobie transferred 3.637 million LDO, valued at approximately $6.7 million, to the Wintermute OTC address five hours ago. This move suggests that Cobie may be entrusting Wintermute to handle […]