Pendle has hit a significant milestone in its market performance, reaching new all-time highs at $5.783 within the last 24 hours. This surge in value coincides with reports of Pendle’s team discussing implementation on the Solana blockchain, leading to increased interest and trading activity on the platform. Amidst Pendle’s price […]
Tag: cryptocurrency
Concerns Arise As Crypto Markets Dip, Bitcoin And Ethereum Under Scrutiny
The cryptocurrency market has kicked off the week with a downward trend, particularly affecting altcoins. Investors are closely monitoring the performance of Bitcoin and Ethereum to assess their resilience amidst the broader market downturn. Additionally, there is heightened interest in various trading strategies, with a focus on AI-driven approaches and […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (April 2) – Matic Sits At Support, Negotiating For The Next DrawDown
Matic is in a downward range again after facing resistance in the past week. It has lost 5% this week with no sign of stopping yet. However, the price is trading at a key support level, negotiating for the next leg down. A week ago, Matic initiated another sell after […]
CARDANO PRICE ANALYSIS & PREDICTION (April 2) – ADA Signals Sell-Off Amid Latest Bearish Sentiment, Loses 12% Weekly
Cardano ADA resumed bearish actions this week following a fresh meltdown across the crypto space. The price appears weak as it heads towards a support line, where a major break or bounce is likely to play. In mid-March, Cardano went through a serious drop after testing the $0.8 level. It […]
Degen Surges As A Key Player in Cryptocurrency Amidst Base Memecoin Boom
Degen has emerged as a notable contender within the cryptocurrency sphere, originating as a reward token within the Farcaster Degen channel. Its ascent has garnered attention from developers, crypto enthusiasts, and investors alike, especially amidst the ongoing surge of Base memecoins. In recent times, Degen has experienced a remarkable surge […]
Arbitrum Faces Decline Amidst Market Volatility
Arbitrum’s value has seen a continuous decline as the new trading week unfolds, with a 4% decrease recorded today. Spotonchain reports indicate that Wintermute Trading has made additional deposits of 5 million ARB ($8.24 million) to Binance, averaging at $1.65 over the past 6 hours. Notably, this market maker has […]
BITCOIN PRICE ANALYSIS & PREDICTION (April 1) – BTC Turns Weak Today Following Rejections – Signals Potential Sell
In the recent recovery, Bitcoin BTC encountered resistance and failed to push higher. While the price remained in a tight range, it currently looks weak on the daily chart – now on the verge of breaking down following a 1% loss. Bitcoin recovered nicely from March’s correction but found it […]
ETHEREUM PRICE ANALYSIS & PREDICTION (April 1) – ETH Remains Bullish But May Lose Grip If This Support Collapses
Ethereum’s ETH correlation with Bitcoin’s pattern is still much intact but appears to be lagging in the recent recovery. However, it is down 4% today following the latest decrease in the global market. The bears are showing interest! The late February recovery has temporarily halted due to a choppy price […]
AVALANCHE PRICE ANALYSIS & PREDICTION (March 31) – The Calm Before The Storm: Avax Negotiates Next Phase With A 2% Daily Gain
After registering a notable gain recently, Avalanche AVAX suspended bullish and remained calm for weeks. However, it still holds 35% gains monthly amid the latest market sentiments. A big expansion is lurking around the corner. Aavx’s trend remains bullish from a short-term perspective, but it appeared temporarily suspended – subjecting […]
SOLANA PRICE ANALYSIS & PREDICTION (March 31) – SOL Foots New Rally, But May Face Monthly Resistance If The Volume Remains Low
Alongside Bitcoin, larger-cap altcoins have been in the middle of consolidation lately, deciding on the next direction. But Solana SOL has maintained bullish daily as it slowly builds up for a fresh increase. Despite witnessing a slow-down in buying since the price bounced off $163 earlier last week, Sol’s trend […]
Crypto Market Sees Surge Amid Historic Quarterly Delivery And Halving Anticipation
The recent quarterly delivery in the crypto market, surpassing $15 billion, has fueled a significant rally this week. Despite the challenge of navigating through this historic delivery, the market has shown resilience, with Bitcoin hitting the impressive $70,000 mark and volatility levels remaining high across major terms. 29 Mar Options […]
AI And Big Data-Associated Tokens Like $TOKEN, $BOTTO And $AGIX Surge Amid Wider Crypto Market Momentum
As the cryptocurrency market experiences a bullish wave, tokens linked to artificial intelligence (AI) ventures are once again seeing significant gains. Santiment’s recent report underscores this trend, revealing a marked increase in the market capitalization of projects focused on Big Data and AI. Notable assets leading this surge include $BOTTO, […]
Solana Memecoin Surpasses Ethereum Rival As Third-Largest In Market
The deflationary Ethereum memecoin, $PEPE, faced a significant setback yesterday as it relinquished its position as the third-largest memecoin in the cryptocurrency market. This shift was driven by the remarkable surge of the Solana-based memecoin, Dogwifhat ($WIF), which now boasts a market capitalization of $4.48 billion, surpassing $PEPE’s $3.45 billion. […]
Base Network Witnesses Surge In Transactions And Launch Of Mfercoin
On March 29th, the Base network experienced a significant uptick in activity, with the number of transactions soaring to 2.275 million. This surge in activity coincided with a substantial increase in transaction volume on the decentralized exchange (DEX), reaching an impressive $730 million. Notably, the market value of network stablecoins […]
MakerDAO Token Sees Surge Amidst Onchain Activity
The Maker DAO governance token MKR has witnessed a notable surge in recent days, with gains of 15% recorded over the past week. However, recent onchain activity has brought some volatility to the market. In a significant move, a whale recently offloaded 4,753 MKR tokens in exchange for 17.3M DAI, […]
Worldcoin Faces Regulatory Scrutiny Despite Technological Advances
Worldcoin, a leading player on the Optimism Network, has garnered significant attention with its average weekly transaction volume surpassing 1 billion and boasting over 2.5 million holders. However, despite its technological prowess, the cryptocurrency has encountered regulatory hurdles worldwide. Worldcoin leads on the Optimism Network with an average weekly transaction […]
Arbitrum Token Sees Decline Amid Large Exchange Movements
In March, Arbitrum ARB tokens have been experiencing notable movement onto exchanges, contributing to declines across monthly, weekly, and daily charts, with losses of 14%, 6%, and 3% respectively. According to reports from Spotonchain, the past week has seen significant activity from two tier-1 market makers, GSR Markets and Wintermute, […]
Market Dynamics Point To Potential Cryptocurrency Surge As Traders Get Set For Another Bitcoin Pump
Cryptocurrency traders are accustomed to Bitcoin and other assets charting their own course, often independent of traditional stocks and industries. However, recent highs in the S&P 500 and gold markets are generating a buzz within the crypto community, with many anticipating a positive divergence that could drive BTC and altcoins […]