Yesterday, API3 made headlines as one of the top daily gainers on Binance, experiencing a remarkable surge of over 17%. The impressive performance of API3 extends beyond the daily gain, with a 28% increase in the past 7 days. Also, a 58% rise in the past month, and an astounding […]
Tag: cryptocurrency
Crypto Security Firm Recovers Over $674M From Hacks, PeckShield Reports
In a promising turn of events, blockchain security company PeckShield has reported a significant recovery of funds from cryptocurrency hacks. The firm’s latest statistics reveal that over $674 million has been recovered from more than 600 hacks, marking a notable improvement from previous years. PeckShield’s data for 2023 highlights a […]
BITCOIN PRICE ANALYSIS & PREDICTION (January 30) – BTC Bounces Back Above $42k, Suspends Correction With Notable Gains
After correcting by more than 20% in 13 days, Bitcoin found support and recovered throughout last week. It entered this week a bit calm but is likely to bounce higher in the next few days. Resuming drops could trigger more correction. During a recent price correction, Bitcoin recorded a heavy […]
SUI PRICE ANALYSIS & PREDICTION (January 30) – SUI’s Bullish Trajectory Remains Intact Despite Correction, Up 40% Weekly
Sui’s trend continued to advance higher despite market’s correction. It has posted an impressive gain so far, making it one of the best-performer in the past week. The price is up again after dropping in the last two days. Reaching a multi-month high of $1.44 in the mid-month, SUI pulled […]
OPTIMISM PRICE ANALYSIS & PREDICTION (January 30) – OP Appears Calm After A Short Retracement, Incoming Storm?
Optimism, OP saw a relief in the last couple of days following a slight recovery across the crypto space. It remains bearish on the daily chart as more selling lurks around the corner. Down 4% in the last 7 days. Following a steady drop for almost two weeks, OP found support […]
RAYDIUM PRICE ANALYSIS & PREDICTION (January 30) – Ray Remains Up In Three Months Despite Weeks Of Correction, Signals Bullish
Despite losing some chunks of dollars in the last couple of weeks, Radium’s price is still up by a staggering 550% in 90 days as it sits above a key support level. It resurged this week and saw a rejection few hours ago. The Solana-based automated market makes (AMM) and […]
Bitcoin Sees Recovery Amidst ETF Activity With Grayscale And Hong Kong
Bitcoin commenced January on a strong note, breaching $48,900 following the introduction of U.S.-based spot exchange-traded funds (ETFs) on January 11. However, profit-taking among investors in Grayscale Bitcoin Trust (GBTC) led to downward pressure, with prices dipping to around $38,500 last week. As the new week unfolds, Bitcoin has shown […]
Crypto Whales Accumulate $3 Billion Worth Of Bitcoin In January
According to intotheblock, prominent crypto whales and institutional investors have collectively amassed $3 billion worth of Bitcoin this month. The quantity of Bitcoin held in wallets with over 1,000 BTC has surged by more than 76,000 BTC, reaching a total of approximately 7.8 million BTC. 📊#Crypto whales, or large investors, […]
Arbitrum, $ARB Dominates L2 Transaction Volume With Impressive Metrics
Arbitrum stands out as a powerhouse in the Layer 2 (L2) ecosystem, consistently processing the majority of L2 transaction volume, often exceeding 60% of the total daily L2 volume, as reported by Intotheblock data. Arbitrum generally processes the majority of L2 transaction volume, frequently reaching more than 60% of the […]
ChainLink ($LINK) Experiences Whales’ Conflicting Moves
As January draws to a close, the cryptocurrency market has shown signs of recovery after enduring several weeks of heightened selling pressure. ChainLink ($LINK) is among the tokens witnessing a slight rebound, inching closer to the $15 mark while experiencing a notable 39% increase in its 24-hour trading volume. However, […]
BITCOIN CASH PRICE ANALYSIS & PREDICTION (January 28) – BCH Continues To Accumulate For A Big Price Movement, Bouncing Back
Bitcoin Cash, BCH recently bounced back from a dip with almost 10% gains in the last five days. While it continued to accumulate by the day, the price is brewing for a big move on the higher timeframe. Since the price picked up from $166 last August, Bitcoin Cash has […]
LITECOIN PRICE ANALYSIS & PREDICTION (January 28) – LTC Remains Under Bears’ Radar But Showing Signs Of Strength In The Latest Price Recovery
Litecoin appeared bearish on the daily chart but has seen little increase in the last 24 hours. After days of consolidation, it found support and now tries to recover some loss. Trading volume currently appears low. This month has been quite horrible for Litecoin following a price crash near the […]
Polygon Nearly Matches Ethereum In User Acquisition in 2023, Adds 2.8 Million Users This January
In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside. The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million. NEW: Polygon acquired […]
AltLayer Token, ALT Surges Following Binance Launchpool Debut
The AltLayer token, ALT has been on a remarkable upward trajectory since its launch as the 45th project on Binance Launchpool. Over the past 24 hours, the token has witnessed a 9% increase in price, accompanied by a substantial 23% gain over the past week. However, it’s worth noting that […]
Wall Street Memes, WSM Faces Significant Decline After Exploitation Incident
Wall Street Memes (WSM) cryptocurrency has experienced a notable downturn following a coordinated attack on its staking and liquidity systems. The exploit resulted in a drastic 30% price drop in the cryptocurrency, contributing to substantial losses across various time frames. The $WSM price has dropped ~35% (24H) as the exploiter […]
Examining DAI’s Dominance In The CDP Ecosystem
Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]
Conflux ($CFX) Surges Amid Strategic Partnership And BTC Layer 2 Solution
The public layer 1 blockchain Conflux ($CFX) experienced a notable surge of over 24% in the past 24 hours. Thereby, positioning itself as one of the top gainers on Coinmarketcap for the day, with an impressive 450% increase in its 24-hour trading volume. This surge is largely attributed to Conflux’s […]
Lido ($LDO) Maintains Bullish Momentum Amidst Cryptocurrency Market Volatility
Amidst the struggle of Bitcoin (BTC) to maintain its position above $40,000 and Ethereum’s challenge around the $2200 mark, the overall sentiment in the cryptocurrency market leans towards bearishness. However, amidst this prevailing sentiment, Lido ($LDO) stands out as one of the altcoins exhibiting a slight bullish trend. In the […]