Cryptocurrency News
In recent days, Cardano whales have been actively engaged in the cryptocurrency market, conducting an average of $13.84 billion worth of large transactions daily over the past week. This notable volume places Cardano’s transaction activity at one-third of Bitcoin’s current volume, five times higher than Litecoin’s, and over sixteen times […]
Coolcoin has emerged as the second hottest trending token on Dex screener, experiencing an astronomical surge of 700,000% in the past 24 hours. With a market capitalization of $32.1 million and a current trading price of $0.032, Coolcoin has captured the attention of traders and investors alike. However, amidst the […]
The governance token of the Maker DAO protocol, $MKR, faced a significant decline of up to 11% today, reflecting the ongoing volatility in the cryptocurrency market. Spotonchain, an on-chain analytics platform, provided insights into whale activity surrounding MKR tokens, revealing notable movements to centralized exchanges (CEX). Whale address 0x09e/0xdbb made […]
The 1inch network 1INCH, known for its decentralized protocol aggregation, experienced a further decline of 5% in its token value today. This downtrend comes amidst ongoing market volatility affecting various cryptocurrencies. According to on-chain reports, Wallet 0xde9, likely associated with Wintermute Trading, recently deposited 7.44 million 1INCH tokens, valued at […]
After witnessing a two-week bounce from the monthly low, Ethereum ETH encountered resistance yesterday and initiated a drop. Losing grip above $3,200, the price is currently down 4%, looking weak on the day. Ethereum started the second quarter with a loss but has seen a nice recovery in the past […]
The aftermath of the halving event has led to more bloodbaths for Bitcoin BTC as it continued to follow a negative sentiment in the past week. It may lose the crucial $60k level if it bleeds throughout this week. Posting a moderate gain a few days after the halving, Bitcoin […]
Today, the value of Pendle experienced a slight setback, with a 5% decrease bringing its current trading price to $5.4. Despite this dip, recent on-chain data from Lookonchain has unveiled an intriguing development involving a savvy trader’s strategic deposit into Binance. According to Lookonchain, this astute trader made a significant […]
Cryptocurrency traders are feeling the heat as Bitcoin’s price plunges to $63.4K, sparking fear among investors. With dwindling buy calls on social media and an uptick in sell signals, market sentiment is wavering. The influx of fear, uncertainty, and doubt (FUD) signals a potential opportunity for market recovery. 😨 #Bitcoin's […]
The cryptocurrency $SAFE has experienced a significant decline in its price, with a decrease of over 12% in the past 24 hours and 40% over the past 7 days. From its all-time high of $4.014, the token has seen a notable downturn, currently trading at $2.2. This decline coincided with […]
Binance Coin BNB has recovered nicely from the monthly dip but has faced rejection again and now appears weak daily. However, it has formed a new bullish pattern – finding a nearby support to initiate a fresh increase. BNB has held well above the $500 level since the market recovered […]
Following this month’s global market meltdown, Litecoin LTC found support some weeks back and slowly climbed back as it experienced low volume inflow. While struggling to push higher, it encountered resistance and lost 5% today. Despite facing a lot of hurdles in the past two weeks, LTC appeared to be […]
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 […]