Despite experiencing a 7% decline in value today, the cryptocurrency token $FRIEND is witnessing increased accumulation by whales, signaling growing investor interest in the project. This trend is evident as on-chain data reveals notable inflows into the $FRIEND ecosystem. Machi Big Brother, a prominent figure in the cryptocurrency space, has […]
Tag: cryptocurrency
JUPITER PRICE ANALYSIS & PREDICTION (May 8) – JUP Stays Strong Amid Latest Market Drops, Up 4% Daily
JUP is up 4% today amid the overall market deduction. However, it appeared to be facing a key resistance as it stages a new swing high. Failure to push through could invalidate the current bullish signal. Jupiter’s native token – JUP has been gaining traction for a straight week as […]
RAYDIUM PRICE ANALYSIS & PREDICTION (May 8) – Ray’s Bulls Sustain Pressure Despite Market Drops, Will They Last Long?
Despite the latest drop, Ray remains bullish and continues to show signs of strength daily. It appeared strong today following a 5% increase in the last 24 hours. The continuous increase in Ray’s price can be traced to Solana, which has been notably gaining strength since last week. Although its […]
Ethereum Sees Network Growth Amid Market Volatility
Over the weekend, Ethereum experienced a notable rebound, surpassing the $3,200 mark and showcasing significant network expansion. A staggering 196.71K new addresses were generated on the Ethereum network on May 4, 2024, marking the largest single-day surge in address creation since October 8, 2022. 📈 #Ethereum rebounded back above $3,200 […]
Fetch.ai Token Surges 21% In 7 Days As Smart Trader Sees Substantial Profits
Fetch.ai, the artificial intelligence (AI) token, has experienced an impressive 21% gain over the past week, signaling renewed investor interest and bullish sentiment in the market. This positive price movement has attracted the attention of savvy traders, with one particular individual making notable moves within the Fetch.ai ecosystem. Smart trader […]
ETHEREUM PRICE ANALYSIS & PREDICTION (May 6) – ETH Bears In Disbelief Amid Recovery As It Revisits $3,200 Range With Rejection, What’s Next?
After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 6) – BTC Retests $65k Following 15% Weekly Gain But Now Losing Steam, Will It Regain Strength?
Bitcoin recently underwent a serious reduction as it dipped to a two-month low. However, it has regained some lost ground in the past few days following a monthly recovery. It is facing resistance at the moment. Last month was an ugly period for Bitcoin, witnessing a notable break below the […]
AVALANCHE PRICE ANALYSIS & PREDICTION (May 5) – Avax Resurges After Establishing Base Support, Sets For A Huge Price Movement
Avax appeared bullish following a steady increase in the last five days. Although it looks indecisive, but remains strong on the intraday trading. More gains should be expected if the bulls continue to sustain pressure. After going through a lot of reductions in the past weeks, Avax eventually found a solid […]
Trader Loses $71 Million In Phishing Attack Due To Address Similarity
A shocking incident has emerged in the cryptocurrency community, with a trader reportedly falling victim to a phishing attack resulting in a staggering loss of $71 million. The unfortunate sequence of events unfolded when the trader, in a routine transaction, created a new address labeled “0xd9A1b0B1e1aE382DbDc898Ea68012FfcB2853a91” and transferred 0.05 $ETH […]
Uniswap’s Native Token Surges As Whale Transfers Millions In Assets
The native token of the decentralized trading protocol Uniswap has seen a significant surge, with an 11% increase in price and a whopping 51% gain in trading volume over the past 24 hours. As excitement mounts over the token’s performance, a notable development has emerged involving a sizable transfer of […]
Pendle Price Resurgence: Whale Activity And Market Dynamics
After experiencing a notable decline of up to 18% over the past week, the price of Pendle has staged an impressive comeback, surging by 9% in the last 24 hours. The resurgence in Pendle’s price coincided with intriguing activity from Whale 0x982, who appears to be a significant investor in […]
Cardano Prepares For Potential Bull Run After Recent Price Correction
There’s a buzz in the cryptocurrency community surrounding Cardano, with many eyeing it as potentially primed for a parabolic bull run. The recent 50% price drop that ADA experienced over the past month has caught the attention of investors, who see it as a golden opportunity. Drawing parallels from historical […]
XRP Ledger Shows Signs Of Activity As Dormant Tokens Move Amidst Market Speculation
In recent days, the XRP Ledger has witnessed a surge in activity as dormant tokens have begun to move, reminiscent of a similar occurrence back in April. This movement, highlighted by the Token Age Consumed metric from Santiment feed, mirrors the spike observed just before XRP experienced a significant drop […]
Optimism’s OP Surge: High Total Addresses and Whale Activity Propel Growth
Amidst a flurry of activity, Optimism OP, the leading Layer2 project, has experienced a remarkable uptick, with its total addresses surging by 22% over the past week. One notable event in this surge was the significant purchase made by Whale 0x8b9, who invested 2,000 ETH (equivalent to $5.99 million) to […]
US Fed Keeps Interest Rates Unchanged: What It Means For Cryptocurrency Markets
The recent decision by the Federal Open Market Committee (FOMC) to maintain US interest rates within the 5.25% to 5.50% range, a status quo held since July 2023, has elicited mixed reactions within the cryptocurrency community. While unchanged rates would typically be cause for celebration in traditional markets, many in […]
Ethereum Sees Record Network Growth Amidst Price Volatility
Ethereum, the leading blockchain platform, achieved a significant milestone as April drew to a close. On April 28th and 29th, the network witnessed the creation of 266.6K new wallets, marking the highest two-day surge in network growth since October 8th and 9th, 2022. Despite facing price fluctuations, this robust expansion […]
POLKADOT PRICE ANALYSIS & PREDICTION (May 2) – DOT Signals A Reversal Following 5% Daily Gains: Incoming Bullish?
Yesterday, Polkadot DOT found a temporal support after falling consistently for a week. The price increased and broke slightly above a crucial resistance line, suggesting a possible bullish reversal pattern on the daily chart. Last week saw DOT through another decline after retesting the $7.58 level as resistance. It rolled […]
RIPPLE PRICE ANALYSIS & PREDICTION (May 2) – XRP Recovers 2% Overnight Amid Market Meltdown, Signals A Potential Buy?
Amid latest bloodbath in the overall market, XRP registered some losses as it dipped below $0.5 yesterday. Hence, it has seen a slight increase over the past hours and is now attempting to climb back on the daily graph. XRP has been subjected to a consolidation mode for the past […]