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 […]
Tag: cryptocurrency
Ethereum Layer 2 Solution $METIS Faces Steep Decline Amid Market Volatility
The Ethereum layer 2 scaling solution platform $METIS has experienced a further decline of 7% today, adding to its losses of 40% over the past 7 days. The platform’s performance reflects the ongoing volatility in the cryptocurrency market. Recent on-chain reports indicate that a suspected $METIS market maker address has […]
Blur (BLUR) Struggles As Lockup Tokens Unlock
Blur (BLUR) is facing significant challenges in the cryptocurrency market, with its recent struggles reflected in a 31.67% decrease in market cap over the past week and a further 6% decrease today. These declines underscore the difficulties the project is currently encountering. Recently, Blur unlocked 38.42 million BLUR tokens, valued […]
DWF Labs Faces Loss Amid Space ID Token’s Drastic Decline
The Space ID token has experienced a significant downturn, with a staggering 60% decline over the past 30 days, followed by drops of 26% in the last 7 days and 9% today. Amidst this downturn, on-chain reports reveal intriguing activity involving DWF Labs, a prominent entity in the cryptocurrency space. […]
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 […]
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 […]
Pendle Defies Market Crash With 22% Surge; Dormant Wallet Reawakens
Despite the recent turmoil in the cryptocurrency market, Pendle stands out as a beacon of resilience, boasting a remarkable 22% gain today and showcasing bullish behavior across all timeframes. Amidst the surge in price, Wallet 0x01f, believed to belong to a seasoned investor, has sprung back to life after nearly […]
Chainlink’s LINK Sees Price Slowdown Despite Recent Whale Activity
Chainlink’s native token, LINK, which demonstrated strong performance earlier this year, is currently experiencing a deceleration in its price momentum, with the cryptocurrency trading around $14.25. Over the past week, Chainlink (LINK) has witnessed a significant decline of -22%, followed by a monthly decrease of -25%. Despite this, the price […]
DOGWIFHAT PRICE ANALYSIS & PREDICTION (April 14) – WIF Increases 50% From Recent Low But Faces Rejection, More Dips Looming
Several meme coins have shed huge losses amid the latest clampdown, but Dogwihat WIF has managed to regain strength today – leading the market’s top gainer chart with a 25% gain in the past 24 hours. It looks a bit strong. The leading Solana-based meme coin – WIF started this […]
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (April 14) – Ordi Finds Support After Dipping To A Four-Month Low, Will It Produce Rebound
Initiating another sell-off this week, ORDI dipped to a four-month low and held it as support. The price bounced briefly in the past hours but it is currently the biggest loser of the day with a 17% drop in under 24 hours. Starting this week a bit strong, Ordi managed […]
Yield Guild Games (YGG) Sees Decline Below $1 Amid Market Volatility
Yield Guild Games (YGG) faced a downturn in the past 24 hours, slipping below the $1 mark. The cryptocurrency, which was once valued higher, has experienced a decline in both its price and market position in recent times. According to reports, Wintermute, a significant player in the crypto space, made […]
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 […]
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 […]
AVALANCHE PRICE ANALYSIS & PREDICTION (April 13) – AVAX Posts Bigger Losses But Appears Reaching A Turning Point
After losing more than 30% in a week, Avax continued to show signs of weakness as it bleeds towards the yearly low. While losing this low could result in a bigger sell-off, a stronghold above it could trigger a bounce. Following the ongoing pre-halving crash, which has led most altcoins […]
BITCOIN CASH PRICE ANALYSIS & PREDICTION (April 13) – BCH Tests Minor Support Amid Bloodbath, Potential Recovery?
In the latest bloodbath, Bitcoin Cash BCH appeared highly bearish weekly and now trades comfortably under the $500 level. It is amongst the biggest losers of the day with a 25% drop in the last 24 hours. The last 48 hours have been a tumultuous period in the crypto space […]
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 […]
SushiSwap’s $SUSHI Token Sees Significant Decline Amidst On-Chain Activity
SushiSwap’s $SUSHI Token Sees Significant Decline Amidst On-Chain Activity Over the past month, SushiSwap’s native token $SUSHI has experienced a notable decline in value, shedding 32% of its value in the last 30 days, with an additional 8% drop recorded today. Insights from on-chain reports provided by Spotonchain suggest that […]
Bitcoin Halving Discussions Peak As Final Week Approaches
As Bitcoin enters its final week before the highly anticipated halving event, social media buzz surrounding the topic has reached its highest level of the year, peaking at 9 PM UTC. This surge in discussion is often viewed as a signal of high confidence price reversals for cryptocurrency markets. However, […]