Tag: cryptocurrency

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (April 17) – BTC Takes Downturn Again After A Rejection, Where Next? 

 After taking a short bearish break last weekend, Bitcoin recovered briefly and later faced resistance near $67k yesterday. It lost ground again and now taking another downturn.  Last Saturday, Bitcoin tested a low of $60,775 after witnessing a roller coaster throughout the week. Eventually, that low held as support and […]

Crypto, News

Ethereum Community Debates Monetary Policy Amidst Rising Interest And Price Decline

As cryptocurrency prices continue their downward trend, Ethereum has emerged as a focal point of discussion, experiencing a notable surge in conversation volume.  Despite the overall market decline, the introduction of a new ETF has sparked increased interest in Ethereum, the second-largest cryptocurrency by market capitalization, even as short positions […]

Crypto, News

Ethena Sees 10% Gain Despite Weekly Losses; Whale Stakes Large ENA Holdings

Amidst broader market fluctuations, Ethena has surged by 10% today, offering a glimmer of optimism despite a 9% loss on the weekly chart. Spotonchain data reveals notable activity from Whale 0x886, who recently executed significant transactions involving ENA (Ethena’s native token).  The whale withdrew 6.954 million ENA ($7.99 million) from […]

Crypto, News

DWF Labs Reports $8 Million In Gains From JasmyCoin Trading Since June 2023

DWF Labs, a prominent market maker and institutional investor in the cryptocurrency sphere, has disclosed impressive gains exceeding $8 million from trading JasmyCoin (JASMY) since June 2023. This revelation comes amidst a volatile market environment, with cryptocurrencies experiencing fluctuations in value. According to data sourced from Spotonchain, DWF Labs recently […]

Crypto, News

Smart Money’s Timely Exit from Cryptocurrency Positions Saves Millions Amid Market Decline

As the cryptocurrency market experiences a significant downturn, one savvy investor’s decision to liquidate positions at the right moment stands out as a wise move.  The recent 7.6% drop in the total market value of cryptocurrencies highlights the importance of strategic decision-making in navigating volatile market conditions. The investor, referred […]

Crypto, News

Ethena’s All-Time High Hits $1.516 With Smart Trader Activity

In the past 24 hours, Ethena’s all-time high surged even further, reaching $1.516, reflecting the continued bullish sentiment surrounding the cryptocurrency. Recent on-chain reports reveal notable activity from smart trader 0x432, who strategically invested 725 Ethereum (approximately $2.59 million) to purchase 1.783 million $ENA tokens on-chain at an average price […]